NOT LISTED FOR SALE

Estimated Value: $4,914,000 - $5,529,000

4 Beds
3.5 Baths
3,250 Sq Ft
$1,596/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $2,350,000 $723 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $30,964/month

114 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Clubhouse

About This Home

As of January 2013

With multiple levels, inviting view decks and countless window expanses, the opportunities to enjoy unobstructed ocean, white water, city light, sunset and Catalina views are limitless in this bright and open hillside estate in guard-gated upper Three Arch Bay. Move-in ready thanks to an extensive remodel, the residence extends approx. 3,350 s.f. and offers 4 bedrooms plus study and 3.5 baths, with the master suite occupying its own private view-enhanced level. Formal living and dining rooms set the scene for elegant entertaining, and an open kitchen and family room area are ideal for casual gatherings. Impressive enrichments include volume ceilings in select locations, 2 handsome fireplaces, large island in the kitchen, and a luxurious master bath with oval tub, separate shower, and vanity. Outdoors, the estate makes a bold statement with lush and mature tropical landscaping that enhances its Mediterranean-influenced architecture.

Last Agent to Sell the Property

Deborah Robinson

Douglas Elliman of California License #01399425 Listed on: 07/23/2012

Douglas Elliman of California

Last Buyer's Agent

Kim Avery

Cypress Cove Real Estate License #01892325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,110

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 7,040 Sq Ft Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof

Interior Spaces

  • 3,250 Sq Ft Home
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room
  • Open Floorplan
  • Dining Room
  • Den
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 1109
  • Assessor Parcel Number 05622116

Community Details

Overview

  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,110

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Seperate price list for furniture.
  • Other Phone Description: Preferred
  • Other Phone Number: 949-533-2234
  • Property Attached: No
  • Security: Security Lights, Gated with Guard
  • Subdivision Name Other: Three Arch Bay
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05622116
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3250.00
  • Interior Amenities: Balcony, Granite Counters, Recessed Lighting
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Living Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 723.08
  • Room Type: Den, Family Room, Formal Entry, Foyer, Living Room, Master Suite, Separate Family Room
  • Window Features: Custom Covering
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Maintenance Grounds, Sport Court, Tennis Court(s)
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 7040.00
  • Lot Size Acres: 0.1620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7040.0000 Square Feet
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 75
  • Tax Model: C
  • Tax Tract Number: 1109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2012
Sold by
Schwartz Theresa
Bought by
Oines Ronald P and Oines Kimberly A
Current Estimated Value
$5,188,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2010
Sold by
Schwartz Theresa
Bought by
Schwartz Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2007
Sold by
Schwartz James P
Bought by
Schwartz Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2007
Sold by
Rhoades Jeffrey P
Bought by
Schwartz Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Rhoades Jeffrey P
Bought by
Rhoades Jeffrey P and Jeffrey P Rhoades Living Trust

Purchase Details

Closed on
Dec 22, 1997
Sold by
Duker David A T and Duker Nancy E
Bought by
Rhoades Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,272
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Oines Ronald P $2,350,000 None Available
Schwartz Theresa -- Equity Title Orange County-I
Schwartz Theresa -- Chicago Title Co
Schwartz Theresa $2,750,000 Chicago Title Co
Rhoades Jeffrey P -- --
Rhoades Jeffrey P $755,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R And K Oines Revocable Trust $1,130,000
Closed Oines Ronald P $1,250,000
Closed Oines Ronald P $1,740,000
Previous Owner Oines Ronald P $1,880,000
Previous Owner Schwartz Theresa $1,010,000
Previous Owner Schwartz Theresa $1,000,000
Previous Owner Rhoades Jeffrey P $625,000
Previous Owner Rhoades Jeffrey P $650,000
Previous Owner Rhoades Jeffrey P $528,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $2,350,000 -20.3% $723 / Sq Ft
09/19/2012 09/19/12 Price Changed $2,950,000 -9.2% $908 / Sq Ft
07/23/2012 07/23/12 For Sale $3,250,000 -- $1,000 / 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 $31,110 $2,893,853 $2,194,641 $699,212
2024 $31,110 $2,837,111 $2,151,609 $685,502
2023 $30,554 $2,781,482 $2,109,421 $672,061
2022 $29,675 $2,726,944 $2,068,060 $658,884
2021 $29,273 $2,673,475 $2,027,510 $645,965
2020 $28,743 $2,646,062 $2,006,720 $639,342
2019 $28,256 $2,594,179 $1,967,373 $626,806
2018 $27,653 $2,543,313 $1,928,797 $614,516
2017 $27,147 $2,493,445 $1,890,978 $602,467
2016 $26,555 $2,444,554 $1,853,900 $590,654
2015 $25,754 $2,407,835 $1,826,053 $581,782
2014 $25,299 $2,360,669 $1,790,283 $570,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S706049

California Regional Multiple Listing Service (CRMLS)

APN: 056-221-16