NOT LISTED FOR SALE

Estimated Value: $7,230,821 - $8,511,000

4 Beds
4 Baths
3,745 Sq Ft
$2,131/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $4,840,200 $1,292 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $46,753/month

112 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Ocean Side of Highway 1
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • View of Hills

About This Home

As of July 2015

Located on the ocean side of Pacific Coast Highway in the guard gated, private beach community of Emerald Bay. This home sits on a flat lot with a back yard and is quite close to Emerald Bay's Private Beach. There are 4 bedrooms and 4 bathrooms, living room, dining room, family room and a gourmet kitchen with a breakfast area. The private master suite is enhanced with a library/study and a fireplace.

Plans from the 1993 remodel show that the square footage is 3745.

Last Agent to Sell the Property

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 03/10/2015

Coldwell Banker Realty

Co-Listed By

Maura Short

Compass License #01883774

Last Buyer's Agent

NoEmail NoEmail

Outside Area Listings License #N/A

Outside Area Listings

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Back Yard

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,745 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Views of Hills
  • Laundry Room

Kitchen

  • Electric Oven
  • Six Burner Stove
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Rain Gutters

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 975
  • Assessor Parcel Number 05304047

Community Details

Overview

  • Emerald Bay Association

Amenities

  • Community Fire Pit
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05304047
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3745.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 1292.44
  • Room Type: Family Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • View: Hills
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Oven, Freezer, Disposal, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Annually, Fire Pit, Pets Permitted, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 8100.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5227.00
  • Price Per Lot Square Foot: 926.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 29, 2015
Sold by
Jep Llc
Bought by
The Reedy 2006 Family Trust
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
Outside Area Listings
List Price
$4,990,000
Sold Price
$4,840,200
Premium/Discount to List
-$149,800
-3%
Current Estimated Value
$7,979,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,139,407
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,500,000
Outstanding Balance
$1,274,363
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,705,244

Purchase Details

Closed on
Dec 11, 2012
Sold by
Phelan Jeffrey F and Phelan Elizabeth R
Bought by
Jep Llc

Purchase Details

Closed on
Aug 8, 2011
Sold by
Jep Llc
Bought by
Phelan Jeffrey F and Phelan Elizabeth R

Purchase Details

Closed on
Jan 15, 2008
Sold by
Buffington John R and Heidi Buffington D
Bought by
Jep Llc

Purchase Details

Closed on
Jul 26, 2007
Sold by
Buffington John R and Heidi Buffington D
Bought by
Buffington John R and Heidi Buffington D

Purchase Details

Closed on
Aug 4, 2006
Sold by
Kramer Warren G and Kramer Lorraine J
Bought by
Buffington John R and Heidi Buffington D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2000
Sold by
Bruce Mcdonald and Bruce Mary Mcdonald
Bought by
Kramer Md Warren G and Kramer Lorraine J

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
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Reedy 2006 Family Trust $4,840,500 Fntg Builder Services
Jep Llc -- None Available
Phelan Jeffrey F -- None Available
Jep Llc -- Stewart Title
Buffington John R -- None Available
Buffington John R $4,100,000 California Title Company
Kramer Md Warren G $1,960,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Reedy 2006 Family Trust $1,500,000
Previous Owner Buffington John R $2,870,000
Previous Owner Kramer Md Warren G $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2015 07/14/15 Sold $4,840,200 0.0% $1,292 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/22/2015 05/22/15 Pending -- -- --
05/21/2015 05/21/15 Off Market $4,840,200 -- --
04/22/2015 04/22/15 Price Changed $5,115,000 +2.5% $1,366 / Sq Ft
03/10/2015 03/10/15 For Sale $4,990,000 -- $1,332 / 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 $57,182 $5,746,987 $5,425,418 $321,569
2024 $57,182 $5,634,301 $5,319,037 $315,264
2023 $55,871 $5,523,825 $5,214,742 $309,083
2022 $54,821 $5,415,515 $5,112,492 $303,023
2021 $53,770 $5,309,329 $5,012,247 $297,082
2020 $53,215 $5,254,889 $4,960,853 $294,036
2019 $52,301 $5,151,852 $4,863,581 $288,271
2018 $51,284 $5,050,836 $4,768,217 $282,619
2017 $50,278 $4,951,800 $4,674,722 $277,078
2016 $49,182 $4,840,000 $4,583,060 $256,940
2015 $49,540 $4,867,043 $4,549,844 $317,199
2014 $48,600 $4,771,705 $4,460,719 $310,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15050284

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-47