NOT LISTED FOR SALE

Estimated Value: $4,690,000 - $6,021,000

3 Beds
2 Baths
1,640 Sq Ft
$3,270/Sq Ft Est. Value

Last Sold October 02, 2014

Last sale price $2,400,000 $1,463 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $31,598/month

43 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Custom Home
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • Clubhouse

About This Home

As of October 2014

Quintessential Laguna Beach cottage in highly-desirable lower Three Arch Bay. First time on the market in 40+ years, this bright, beautiful home retains the original charm and character from a bygone era. This exceptional beach cottage enjoys huge ocean and Catalina Island views, including waves crashing on famed Whale Rock, and is just steps away to the beach access and TAB amenities. One can even see Palos Verdes on a clear day. An adorable and inviting home that has been freshly painted throughout and features restored hardwood flooring, original paneled walls, built-in cabinetry and bookcases, wood-beamed ceilings, and an abundance of windows to take in the magnificent ocean vistas from the main rooms of the residence. There is also a rare opportunity to purchase the vacant lot next door (see MLS #LG14142308 for 66 South La Senda). Three Arch Bay is a guard-gated community with tennis, sports courts, clubhouse, park/playground and 2 private beaches. Truly vacation living every day!

Last Agent to Sell the Property

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488 Listed on: 07/07/2014

Pacific Sotheby’s International Realty

Last Buyer's Agent

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488 Listed on: 07/07/2014

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,248

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Down
  • Private Yard
  • Back Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Parking Permit Required

Property Views

  • Ocean
  • Bay
  • Catalina
  • Panoramic
  • Hills
  • Rock

Home Design

  • Custom Home
  • Cottage

Interior Spaces

  • 1,640 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 970
  • Assessor Parcel Number 05620467

Community Details

Overview

  • Three Arch Bay Association, Phone Number (949) 499-4567
  • Built by Custom

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,248

Year Built

Built in 1935

Lot Details

0

HOA Fees

$253 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, refrigerator, microwave, washer, dryer, table & chairs in kitchen, single bed in lower level.
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Custom Built, Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620467
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1640.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Storage
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1463.41
  • Room Type: Galley Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, Hills, Ocean, Panoramic, Rocks, Water
  • Builder Name: Custom
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access, Garage, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Free-Standing Range, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: Three Arch Bay
  • Amenities: Barbecue, Clubhouse, Fire Pit, Guard, Outdoor Cooking Area, Picnic Area, Playground, Security, Sport Court, Tennis Court(s)
  • Association Fee: 2250.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Association Name: Three Arch Bay
  • Phone: 949-499-4567
  • Association Phone #2: 949-499-4567
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Back Yard, Sloped Down, Yard
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 25, 2014
Sold by
Lee John K and Lee William S
Bought by
Babcock David M and Babcock Celeste M
Seller's Agent
Donna Pfanner
Pacific Sotheby’s International Realty
Buyer's Agent
Donna Pfanner
Pacific Sotheby’s International Realty
List Price
$2,700,000
Sold Price
$2,400,000
Premium/Discount to List
-$300,000
-11.11%
Current Estimated Value
$5,363,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,963,072
Original Mortgage
$1,400,000
Outstanding Balance
$1,102,960
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 2008
Sold by
Lee William S
Bought by
Lee William S
Source: Public Records

Range of Values:

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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
Babcock David M $2,400,000 First American Title Company
Lee William S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock David M $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2014 10/02/14 Sold $2,400,000 -4.0% $1,463 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
07/28/2014 07/28/14 Price Changed $2,500,000 -7.4% $1,524 / Sq Ft
07/07/2014 07/07/14 For Sale $2,700,000 -- $1,646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $33,248 $3,129,968 $2,805,045 $324,923
2024 $33,248 $3,068,597 $2,750,045 $318,552
2023 $32,579 $3,008,429 $2,696,123 $312,306
2022 $31,745 $2,949,441 $2,643,258 $306,183
2021 $31,386 $2,891,609 $2,591,429 $300,180
2020 $31,561 $2,936,960 $2,639,857 $297,103
2019 $30,214 $2,805,844 $2,514,566 $291,278
2018 $29,396 $2,742,147 $2,465,261 $276,886
2017 $28,775 $2,688,380 $2,416,923 $271,457
2016 $26,449 $2,467,513 $2,369,532 $97,981
2015 $25,745 $2,400,000 $2,333,940 $66,060
2014 $2,642 $144,018 $107,905 $36,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14142299

California Regional Multiple Listing Service (CRMLS)

APN: 056-204-67