NOT LISTED FOR SALE

Estimated Value: $4,823,000 - $7,228,000

3 Beds
2 Baths
1,765 Sq Ft
$3,588/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $3,600,000 $2,040 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $37,140/month

18 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Cape Cod Architecture

About This Home

As of July 2016

Awe inspiring white water, ocean and coastline views. Offering an incredible opportunity to expand and or enhance this home into a full time residence or exciting vacation property. Sale includes build out plans for approximately 2,600 sqft home with 4BR and 3BA. Located at the highest point on coveted Bay Drive. Built in 1952 with 2nd story addition in 1964. Located just 5 homes from access to the private beach, and 1 street from ocean front. Community is 24 guard gated, with clubhouse, tennis courts, and on site management office. The spectacular private beach is reserved for Three Arch Bay residents only.

Last Agent to Sell the Property

Michael Caruso

Arbor Real Estate License #01073919 Listed on: 06/20/2016

Arbor Real Estate

Co-Listed By

Phillip Caruso

Arbor Real Estate License #01934516

Last Buyer's Agent

Mary Wayer

Keller Williams Realty License #01958494

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 4,050 Sq Ft Lot
  • West Facing Home
  • Value in Land

HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Electric Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Beach Access
  • Brick Porch or Patio
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 970
  • Assessor Parcel Number 05620427

Community Details

Overview

  • Three Arch Bay Subdivision

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

HOA Fees

$257 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620427
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1765.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2039.66
  • Room Type: Main Floor Bedroom, Primary Suite

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Catalina, Ocean, White Water
  • Patio And Porch Features: Brick
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal
  • Laundry Features: Common Area, Outside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 2300.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 4050.00
  • Price Per Lot Square Foot: 888.89
  • Lot Size Acres: 0.0930

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 4050.0000 Square Feet
  • Number Of Units In Community: 532
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 43
  • Tax Model: C
  • Tax Tract Number: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 30, 2016
Sold by
Roop Jennifer Leigh and Roop Stephen
Bought by
Roop Stephen and Roop Jennifer
Seller's Agent
Michael Caruso
Arbor Real Estate
Buyer's Agent
Mary Wayer
Keller Williams Realty
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%
Current Estimated Value
$6,331,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,731,978
Avg. Annual Appreciation
6.11%
Original Mortgage
$417,000
Outstanding Balance
$193,192
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$6,138,786

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 8, 2016
Sold by
Keenen Terrence and Keenen Jennifer
Bought by
Roop Stephen and Roop Jennifer
Seller's Agent
Michael Caruso
Arbor Real Estate
Buyer's Agent
Mary Wayer
Keller Williams Realty
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$193,192
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$6,138,786

Purchase Details

Closed on
Feb 17, 2016
Sold by
Baker Kathleen F
Bought by
Terrence and Fam Keenen Revocable Fam

Purchase Details

Closed on
Feb 27, 2014
Sold by
Baker Kathleen F
Bought by
Baker Kathleen F and Kathleen F Baker Revocable Trust

Purchase Details

Closed on
Feb 18, 2013
Sold by
Baker Kathleen Francis
Bought by
Baker Kathleen F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roop Stephen -- Accommodation
Roop Jennifer Leigh -- Wfg Title Co Of California
Roop Stephen $3,600,000 Ticor Title
Terrence -- Chicago Title Company
Baker Kathleen F -- None Available
Baker Kathleen F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roop Jennifer Leigh $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $3,600,000 -2.6% $2,040 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $3,695,000 -- $2,093 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $47,644 $4,516,035 $4,060,515 $455,520
2024 $47,644 $4,427,486 $3,980,897 $446,589
2023 $46,557 $4,340,673 $3,902,840 $437,833
2022 $45,379 $4,255,562 $3,826,313 $429,249
2021 $44,849 $4,172,120 $3,751,287 $420,833
2020 $43,886 $4,129,341 $3,712,823 $416,518
2019 $43,050 $4,048,374 $3,640,023 $408,351
2018 $38,639 $3,639,082 $3,568,650 $70,432
2017 $38,159 $3,600,000 $3,498,677 $101,323
2016 $2,845 $134,298 $82,657 $51,641
2015 $2,521 $132,281 $81,415 $50,866
2014 $2,495 $129,690 $79,820 $49,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16133044

California Regional Multiple Listing Service (CRMLS)

APN: 056-204-27