NOT LISTED FOR SALE

Estimated Value: $7,580,000 - $10,052,606

0.17 Acre
$51,021,482 Price per Acre
7,405 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $5,143,125

Est. 69% increase in value since last sale

Current estimated payment $50,882/month

81 Days on Market

Highlights

  • White Water Ocean Views
  • El Morro Elementary School Rated A+
  • Cul-De-Sac

About This Lot

As of November 2019

Great opportunity. Big ocean view lot on the upper "new" side of Emerald Bay. Build the home of your dreams. Easy access. Cul-de- sac street.

Last Agent to Sell the Property

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 07/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Bruce McDonald

Thoroughbred Properties, Inc. License #00796662

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,459

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • Lot Sloped Down

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 1092
  • Assessor Parcel Number 05302106

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$43,459

Lot Details

0

Listing Details

  • Road Surface Type: Maintained
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 05302106
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 694.55

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sloped Down, Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.55553100

Multi Family

  • Lot Size Area: 7405.0000 Square Feet

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 89
  • Tax Tract Number: 1092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Oct 2, 2019
Sold by
Keilner Susan C and Keilner Lawrence W
Bought by
Mcdonald Bruce R and Mcdonald Mary S
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
Bruce McDonald
Thoroughbred Properties, Inc.
List Price
$5,900,000
Sold Price
$5,143,125
Premium/Discount to List
-$756,875
-12.83%
Current Estimated Value
$8,673,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,530,527
Avg. Annual Appreciation
8.91%
Original Mortgage
$4,999,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2007
Sold by
Obradovich Steven M and Obradovich Linda
Bought by
Kellner Susan C and Kellner Lawrence W

Purchase Details

Closed on
Oct 27, 2004
Sold by
Foster Steven W and Foster Christy F
Bought by
Obradovich Steven M and Obradovich Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,670,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Vincent John Robert
Bought by
Vincent John R

Purchase Details

Closed on
Oct 18, 1999
Sold by
Vincent Donald Edward
Bought by
Vincent Donald Edward and Vincent Donna Ruth

Purchase Details

Closed on
Oct 12, 1999
Sold by
Steven Foster and Foster Family Trust
Bought by
Foster Steven W and Foster Christy F

Purchase Details

Closed on
Dec 1, 1998
Sold by
Foster Steven W
Bought by
Foster Steven W and Foster Christy F

Purchase Details

Closed on
Aug 6, 1998
Sold by
Foster Marjorie C
Bought by
Foster Steven W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdonald Bruce R $5,143,500 Chicago Title Co
Kellner Susan C -- Chicago Title Co
Obradovich Steven M $2,930,000 Chicago Title Co
Vincent John R -- --
Vincent John Robert -- --
Vincent Donald Edward -- --
Foster Steven W -- --
Foster Steven W -- --
Foster Marjorie C -- --
Foster Steven W -- --
Foster Steven W -- --
Foster Steven W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Bruce R $4,999,000
Previous Owner Obradovich Steven M $1,670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $5,143,125 -12.8% --
09/27/2019 09/27/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $5,900,000 -- --
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 $43,459 $4,361,757 $2,920,289 $1,441,468
2024 $43,459 $4,276,233 $2,863,029 $1,413,204
2023 $63,336 $6,254,236 $5,508,341 $745,895
2022 $53,742 $5,300,335 $5,300,335 $0
2021 $52,690 $5,196,407 $5,196,407 $0
2020 $52,147 $5,143,125 $5,143,125 $0
2019 $34,219 $3,366,000 $3,366,000 $0
2018 $28,618 $2,814,282 $2,814,282 $0
2017 $28,058 $2,759,100 $2,759,100 $0
2016 $27,531 $2,705,000 $2,705,000 $0
2015 $26,998 $2,652,000 $2,652,000 $0
2014 $26,485 $2,600,000 $2,600,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19159568

California Regional Multiple Listing Service (CRMLS)

APN: 053-021-06