NOT LISTED FOR SALE

Estimated Value: $5,812,384

3 Beds
3.5 Baths
2,701 Sq Ft
$2,152/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Main Floor Primary Bedroom
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • Furnished

About This Home

As of July 2016

EMERALD BAY SUMMER RENTAL!!! This fabulous 3 bedroom 3 ½ bath home is located on the Ocean Side of PCH in the Exclusive Guard Gated Community of Emerald Bay. Enjoy the Ocean Views and experience the resort-like amenities including the private white sand beach, volleyball courts, 6 lighted tennis courts, pool complex, community parks and more. Offered at $10,000 per week July and August, $9,000 per week in June. Owners may consider long term lease beginning September 2016.

Last Agent to Rent the Property

Melane Barney

Compass License #00686236 Listed on: 02/02/2016

Compass

Last Renter's Agent

Dean Ledger

Emerald Bay Real Estate License #01154116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 3,600

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 2,701 Sq Ft Home
  • Furnished
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Additional Features

  • Ocean Side of Highway 1
  • 3,600 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues, electricity, gas, trash collection, water
  • Tax Lot 24
  • Tax Tract Number 940
  • Assessor Parcel Number 05306037

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

3,600 Sq Ft Lot

Parking

2

Rental Info

  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 2000
  • Deposit Security: 6000
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05306037
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2701.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 3.33
  • Room Type: Family Room, Living Room, Main Floor Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • View: Catalina, Coastline, Ocean, Water, White Water
  • Pool Features: Association, Community, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 3600.00
  • Price Per Lot Square Foot: 2.50
  • Lot Size Acres: 0.0830

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Weekly
  • Lot Size Area: 3600.0000 Square Feet
  • Rent Includes: Association Dues, Electricity, Gas, Trash Collection, Water
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2013
Sold by
Larson Richard B and Larson Katharine W
Bought by
Larson Richard B and Larson Katharine W
Current Estimated Value
$5,812,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$581,865
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$5,230,519

Purchase Details

Closed on
Mar 12, 2004
Sold by
Sheh Robert B and Sheh Mary C
Bought by
Larson Richard B and Larson Katharine W

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
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Bottitta Adrienne
Bought by
Sheh Robert B and Sheh Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Tamny Peter D and Tamny Nancy E
Bought by
Sheh Robert B and Sheh Mary C

Purchase Details

Closed on
Apr 13, 1994
Sold by
Thompson Gary F and Thompson Jo Anne
Bought by
Sheh Robert B and Sheh Mary C

Purchase Details

Closed on
Jan 21, 1994
Sold by
Bottitta Charles Frank and Bottitta Adrienne
Bought by
Bottitta Charles Frank and Bottitta Adrienne
Source: Public Records
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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
Larson Richard B -- Chicago Title
Larson Richard B -- Chicago Title Company
Sheh Robert B $927,000 Orange Coast Title
Sheh Robert B $165,000 --
Sheh Robert B -- --
Bottitta Charles Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Richard B $840,000
Previous Owner Larson Richard B $1,000,000
Previous Owner Sheh Robert B $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Rented $9,000 -10.0% --
02/02/2016 02/02/16 For Rent $10,000 +33.3% --
08/14/2013 08/14/13 Rented $7,500 0.0% --
08/12/2013 08/12/13 Under Contract -- -- --
01/17/2013 01/17/13 For Rent $7,500 0.0% --
09/29/2012 09/29/12 Rented $7,500 0.0% --
09/29/2012 09/29/12 Under Contract -- -- --
02/01/2012 02/01/12 For Rent $7,500 -- --
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 $39,950 $4,016,571 $3,656,296 $360,275
2024 $39,950 $3,937,815 $3,584,604 $353,211
2023 $39,033 $3,860,603 $3,514,317 $346,286
2022 $38,300 $3,784,905 $3,445,408 $339,497
2021 $37,565 $3,710,692 $3,377,851 $332,841
2020 $37,177 $3,672,644 $3,343,215 $329,429
2019 $36,538 $3,600,632 $3,277,662 $322,970
2018 $35,827 $3,530,032 $3,213,394 $316,638
2017 $35,124 $3,460,816 $3,150,386 $310,430
2016 $34,463 $3,392,957 $3,088,613 $304,344
2015 $33,952 $3,341,992 $3,042,219 $299,773
2014 $26,418 $2,600,000 $2,366,780 $233,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16022631

California Regional Multiple Listing Service (CRMLS)

APN: 053-060-37

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