NOT LISTED FOR SALE

Estimated Value: $8,231,000 - $13,221,424

5 Beds
4 Baths
4,573 Sq Ft
$2,184/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $5,850,000 $1,279 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $57,859/month

262 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Heated Spa
  • Custom Home

About This Home

As of December 2016

JUST REDUCED Once this property is gone... it is gone. Large spectacular lot and home with panoramic views that take your breath away from every room. This beautiful southern exposure home opens to a large expansive deck for fabulous Catalina sunsets, white water, whale watching and city light viewing at night. This sun filled home with open beam ceilings offers 5 spacious bedrooms, a majestic dining room, large private indoor Jacuzzi with ocean views, 3 fireplaces, marble and limestone bathrooms, hardwood floors and an elevator. This private home gives you the feeling of no neighbors, boasts 184 lineal feet of frontage, taking up the entire street and cul de sac, sitting alongside Laguna Coast Wilderness Park with access out your back door to hike or bike. This home is an irreplaceable opportunity.
The community of Emerald bay enjoys a private 1/2-mile white sandy beach, volleyball courts, 6 tennis courts, and community activities for all ages, summer camps, a swim center, many beautiful parks, 24-hour security and more.

Last Agent to Sell the Property

Pam Duley

Compass License #00899324 Listed on: 03/13/2016

Compass

Last Buyer's Agent

Maura Short

Compass License #01883774

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,634

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Brick Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills
  • Park or Greenbelt
  • Rock

Home Design

  • Custom Home
  • Traditional Architecture
  • Split Level Home
  • Combination Foundation
  • Raised Foundation
  • Fire Retardant Roof

Interior Spaces

  • 4,573 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Two Way Fireplace
  • See Through Fireplace
  • Double Pane Windows
  • Shutters
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Game Room with Fireplace
  • Workshop
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated Spa
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 3125
  • Assessor Parcel Number 05332011

Community Details

Overview

  • Ebca Association

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,634

Year Built

Built in 1960 | Remodeled

Lot Details

0

HOA Fees

$589 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9495008082
  • Other Phone Number: 9495008082
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05332011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4573.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Crown Molding, Elevator, High Ceilings, Open Floorplan, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Game Room, Master Bedroom, Master Retreat, See Through, Two Way
  • Levels: Multi/Split
  • Price Per Square Foot: 1279.25
  • Room Type: Den, Entry, Family Room, Formal Entry, Foyer, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat, Office, Workshop
  • Spa Features: Heated, Private
  • Window Features: Double Pane Windows, Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Combination, Raised
  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Park/Greenbelt, Rocks, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Brick, Driveway, Garage, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Common Area, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Fire Pit, Guard, Meeting Room, Outdoor Cooking Area, Pet Rules, Picnic Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 7072.00
  • Association Fee Frequency: Annually
  • Association Name: EBCA
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lot 10000-19999 Sqft, Paved
  • Lot Size Sq Ft: 12698.00
  • Price Per Lot Square Foot: 551.11
  • Lot Size Acres: 0.2920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12698.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 3125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2016
Closed on
Nov 30, 2016
Sold by
Megonigal Kim I and Dirienzo Lynn Greeley
Bought by
Flornes Brian and Flornes Margaret
Seller's Agent
Pam Duley
Compass
Buyer's Agent
Maura Short
Compass
List Price
$7,980,000
Sold Price
$5,850,000
Premium/Discount to List
-$2,130,000
-26.69%
Current Estimated Value
$9,430,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,580,594
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Apr 25, 2003
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2003
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 12, 1999
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.73%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.73%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Megonigal Thomas J and Megonigal Zada B
Bought by
Megonigal Thomas J and Megonigal Zada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.17%
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
Flornes Brian $5,850,000 First American Title Company
Megonigal Thomas J -- --
Megonigal Thomas J -- Commonwealth Land Title Co
Megonigal Thomas J -- Chicago Title Co
Megonigal Thomas J -- Chicago Title Co
Megonigal Thomas J -- First American Title Ins Co
Megonigal Thomas J -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Megonigal Thomas J $500,000
Previous Owner Megonigal Thomas J $2,000,000
Previous Owner Megonigal Thomas J $120,000
Previous Owner Megonigal Thomas J $1,075,000
Previous Owner Megonigal Thomas J $152,000
Previous Owner Megonigal Thomas J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $5,850,000 -9.9% $1,279 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
10/07/2016 10/07/16 Price Changed $6,495,000 -7.2% $1,420 / Sq Ft
07/05/2016 07/05/16 Price Changed $6,998,000 -12.3% $1,530 / Sq Ft
03/13/2016 03/13/16 For Sale $7,980,000 -- $1,745 / 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 $67,634 $6,789,424 $6,396,967 $392,457
2024 $67,634 $6,656,299 $6,271,537 $384,762
2023 $66,085 $6,525,784 $6,148,566 $377,218
2022 $64,845 $6,397,828 $6,028,006 $369,822
2021 $63,603 $6,272,381 $5,909,810 $362,571
2020 $62,947 $6,208,066 $5,849,212 $358,854
2019 $61,868 $6,086,340 $5,734,522 $351,818
2018 $60,667 $5,967,000 $5,622,080 $344,920
2017 $59,478 $5,850,000 $5,511,843 $338,157
2016 $5,305 $526,545 $175,655 $350,890
2015 $5,225 $518,636 $173,016 $345,620
2014 $5,124 $508,477 $169,627 $338,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16052839

California Regional Multiple Listing Service (CRMLS)

APN: 053-320-11