NOT LISTED FOR SALE

Estimated Value: $4,982,000 - $7,257,047

4 Beds
3 Baths
1,377 Sq Ft
$4,308/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $3,370,750 $2,448 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $35,962/month

44 Days on Market

Highlights

  • Property has ocean access
  • 24-Hour Security
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Spa
  • Main Floor Bedroom

About This Home

As of April 2018

Oceanside Emerald Bay, just steps to the exclusive north end beach is now available. Located in a small enclave of homes on a private gated cul-de-sac on the ocean side of Emerald Bay, this clean and charming 4 bedroom 3 bath cottage is perfect for a family wanting the amenities of Emerald Bay Enjoy this home as your beach cottage or build your dream home with ocean views. Open-beam ceilings, hardwood floors, brick fireplace, entertaining deck and patios enhance the home's warmth and livability. This charmer is the lowest priced home in Emerald Bay!

Last Agent to Sell the Property

Maura Short

Compass License #01883774 Listed on: 01/11/2018

Compass

Last Buyer's Agent

Julian Tooma

Breeze Real Estate License #01897822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,216

Year Built

  • Built in 1952

Lot Details

  • 5,518 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Cottage
  • Turnkey

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Six Burner Stove
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Property has ocean access
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 975
  • Assessor Parcel Number 05305056

Community Details

Overview

  • Emerald Bay Association, Phone Number (949) 494-8571
  • Emerald Bay Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,216

Year Built

Built in 1952

Lot Details

0

HOA Fees

$708 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security
  • Subdivision Name Other: Emerald Bay (EB)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05305056
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1377.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2447.89
  • Room Type: All Bedrooms Down, Galley Kitchen, Jack & Jill, Main Floor Bedroom
  • Spa Features: Community
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 8500.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 949.494.8571
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5518.00
  • Lot Size Acres: 0.1267

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5518.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 45
  • Tax Tract Number: 975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Apr 19, 2018
Sold by
Tooma Kate
Bought by
Tooma Julian
Seller's Agent
Maura Short
Compass
Buyer's Agent
Julian Tooma
Breeze Real Estate
List Price
$3,775,000
Sold Price
$3,370,750
Premium/Discount to List
-$404,250
-10.71%
Current Estimated Value
$5,931,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,560,762
Avg. Annual Appreciation
7.61%
Original Mortgage
$696,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 13, 2018
Sold by
Conroy James G and Conroy Gretchen L
Bought by
Tooma Thomas S and Tooma Julian
Seller's Agent
Maura Short
Compass
Buyer's Agent
Julian Tooma
Breeze Real Estate
List Price
$3,775,000
Sold Price
$3,370,750
Premium/Discount to List
-$404,250
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2014
Sold by
Conroy James G and Conroy Gretchen L
Bought by
James & Gretchen Conroy Living Trust

Purchase Details

Listed on
Aug 7, 2012
Closed on
Mar 29, 2013
Sold by
Cable Investments E Bay Lp
Bought by
Conroy James G and Conroy Gretchen L
Seller's Agent
Nancy Casebier
Pacific Sotheby’s International Realty
Buyer's Agent
Gordon Haney
Emerald Bay Realty
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$2,100,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Arnold Melissa
Bought by
Arnold David

Purchase Details

Closed on
Apr 10, 2007
Sold by
Arnold David and Arnold Melissa
Bought by
Cable Investments E & Bay Lp

Purchase Details

Closed on
Oct 17, 1997
Sold by
First American Trust Co
Bought by
Renezeder Carl Heinz and Renezeder Kelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.25%
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
Tooma Julian -- California Title Co
Tooma Thomas S -- California Title Co
Tooma Thomas S -- Califonia Title Co
James & Gretchen Conroy Living Trust -- None Available
Conroy James G $2,800,000 Orange Coast Title
Arnold David -- California Title Company
Cable Investments E & Bay Lp $3,700,000 California Title Company
Renezeder Carl Heinz $875,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tooma Thomas S $2,718,000
Closed Tooma Thomas S $696,600
Previous Owner Conroy James G $2,100,000
Previous Owner Renezeder Carl Heinz $770,000
Previous Owner Renezeder Carl Heinz $131,250
Previous Owner Renezeder Carl Heinz $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $3,370,750 -10.7% $2,448 / Sq Ft
01/11/2018 01/11/18 For Sale $3,775,000 0.0% $2,741 / Sq Ft
07/26/2017 07/26/17 Rented $7,500 0.0% --
07/25/2017 07/25/17 Off Market $7,500 -- --
02/02/2017 02/02/17 Price Changed $7,500 +25.0% $4 / Sq Ft
11/08/2016 11/08/16 Price Changed $6,000 -20.0% $3 / Sq Ft
10/04/2016 10/04/16 Price Changed $7,500 -6.3% $4 / Sq Ft
07/17/2016 07/17/16 Price Changed $8,000 -5.9% $4 / Sq Ft
06/05/2016 06/05/16 For Rent $8,500 0.0% --
05/07/2013 05/07/13 Sold $2,800,000 -6.6% $2,044 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $2,999,000 -- $2,189 / 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 $38,216 $3,835,336 $3,711,486 $123,850
2024 $38,216 $3,760,134 $3,638,712 $121,422
2023 $37,341 $3,686,406 $3,567,364 $119,042
2022 $36,640 $3,614,124 $3,497,416 $116,708
2021 $35,939 $3,543,259 $3,428,839 $114,420
2020 $35,568 $3,506,928 $3,393,681 $113,247
2019 $34,958 $3,438,165 $3,327,138 $111,027
2018 $30,820 $3,030,330 $2,920,772 $109,558
2017 $30,216 $2,970,912 $2,863,502 $107,410
2016 $29,648 $2,912,659 $2,807,355 $105,304
2015 $29,210 $2,868,909 $2,765,186 $103,723
2014 $28,655 $2,812,712 $2,711,020 $101,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18015398

California Regional Multiple Listing Service (CRMLS)

APN: 053-050-56