NOT LISTED FOR SALE

Estimated Value: $7,904,000 - $12,768,121

3 Beds
2.5 Baths
3,313 Sq Ft
$2,892/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $4,700,000 $1,419 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $57,269/month

4 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Ocean Side of Freeway
  • El Morro Elementary School Rated A+
  • Filtered Pool
  • Open Floorplan

About This Home

As of October 2013

EMERALD BAY - LAGUNA BEACH - One of the best view locations on the New Hillside in Emerald Bay. Fantastic white water, panoramic, Catalina and far reaching city lights views. 3 Bedrooms with 2 Baths, spacious dining and view terrace adjacent to the kitchen and living room. Main floor master bedroom with two additional bedrooms and bath and bonus room located on the lower level with terrific white water and panoramic views. Private and protected interior courtyard with swimming pool, spa, outdoor showers with a separate and additional bonus / play room. Architectural plans by Scott Laidlaw of Laidlaw Schultz Architects currently in submittal with Emerald Bay to remodel and increase the living square footage and open the existing floor plan to bring in more of the phenomenal views. Tremendous potential from utilizing the existing structure. A gem of an opportunity.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 08/26/2013

Compass

Last Buyer's Agent

Harold Noriega

Compass License #01494239 Listed on: 08/26/2013

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,626

Year Built

  • Built in 1969

Lot Details

  • 10,563 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture
  • Fire Retardant Roof

Interior Spaces

  • 3,313 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 3125
  • Assessor Parcel Number 05332063

Community Details

Amenities

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

Recreation

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

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,626

Year Built

Built in 1969

Lot Details

0

HOA Fees

$590 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05332063
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3313.00
  • Interior Amenities: Beamed Ceilings, Balcony, Cathedral Ceiling(s), Living Room Balcony, Living Room Deck Attached, Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 1418.65
  • Room Type: Bonus Room, Den, Family Room, Living Room, Main Floor Master Bedroom
  • Spa Features: Association, Gunite, Heated, In Ground, Private

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Filtered, Gunite, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Fire Retardant
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Permit Required, Private
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Call for Rules, Clubhouse, Controlled Access, Dues Paid Annually, Fire Pit, Guard, Meeting Room, Management, Outdoor Cooking Area, Pet Rules, Pets Permitted, Picnic Area, Playground, Pool, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 7077.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10563.00
  • Lot Size Acres: 0.2420

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10563.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 69
  • Tax Tract Number: 3125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Sep 3, 2013
Sold by
Rnd12 Llc
Bought by
Holder Steven G and Holder Stacy J
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Harold Noriega
Compass
List Price
$4,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$295,000
-5.91%
Current Estimated Value
$9,580,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,880,280
Avg. Annual Appreciation
6.62%
Original Mortgage
$2,820,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Golding Grant D
Bought by
Smith Erik M and Wells Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,765,000
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2013
Sold by
Smith Erik M and Wells Margaret C
Bought by
Rnd12 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,765,000
Interest Rate
2.79%
Mortgage Type
New Conventional
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
Holder Steven G -- Stewart Title Company
Smith Erik M -- Stewart Title
Rnd12 Llc -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder Steven G $2,270,000
Closed Holder Steven G $2,820,000
Previous Owner Rnd12 Llc $2,765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2013 10/17/13 Sold $4,700,000 -5.9% $1,419 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $4,995,000 -- $1,508 / 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 $67,626 $6,788,540 $5,421,938 $1,366,602
2024 $67,626 $6,655,432 $5,315,626 $1,339,806
2023 $66,076 $6,524,934 $5,211,398 $1,313,536
2022 $64,837 $6,396,995 $5,109,214 $1,287,781
2021 $63,595 $6,271,564 $5,009,033 $1,262,531
2020 $58,934 $5,812,076 $4,957,671 $854,405
2019 $55,655 $5,474,899 $4,860,462 $614,437
2018 $52,574 $5,170,802 $4,765,159 $405,643
2017 $51,625 $5,077,368 $4,671,725 $405,643
2016 $49,528 $4,867,013 $4,580,123 $286,890
2015 $48,796 $4,793,906 $4,511,325 $282,581
2014 $47,870 $4,700,000 $4,422,954 $277,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13172845

California Regional Multiple Listing Service (CRMLS)

APN: 053-320-63