NOT LISTED FOR SALE

Estimated Value: $6,953,000 - $7,721,000

4 Beds
3 Baths
2,802 Sq Ft
$2,631/Sq Ft Est. Value

Highlights

  • Ocean View
  • Property has ocean access
  • Private Pool
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of March 2016

Rare North End Oceanside is now available for lease. Wake up hearing the waves and looking down the coastline in this lovely 4 bedroom, 3 bath home with a garden that you only see in France. This warm home has upgraded appliances, such as Viking Stove and Oven as well as a subzero refrigerator. Enjoy all that Emerald Bay has to offer. Owner is open to a 12 month lease or monthly lease.

Last Agent to Rent the Property

Maura Short

Compass License #01883774 Listed on: 02/06/2016

Compass

Last Renter's Agent

Maura Short

Compass License #01883774 Listed on: 02/06/2016

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 6,600 Sq Ft Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage

Interior Spaces

  • 2,802 Sq Ft Home
  • Partially Furnished
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Ocean Side of Highway 1
  • Rain Gutters

Utilities

  • Central Heating
  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $10,500
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Available 3/15/16
  • Tax Lot BLK
  • Tax Tract Number 361
  • Assessor Parcel Number 05304064

Community Details

Overview

  • Property has a Home Owners Association
  • Ebca Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2016-03-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 2000
  • Deposit Pets: 1000
  • Deposit Security: 10500
  • Furnished: Partially
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Security: 24 Hour Security
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05304064
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2802.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 3.39
  • Room Type: Entry, Galley Kitchen, Living Room, Main Floor Bedroom, Master Suite

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Pool, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Name: EBCA
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 6600.00
  • Price Per Lot Square Foot: 1.44
  • Lot Size Acres: 0.1520

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6600.0000 Square Feet
  • Rent Includes: Gardener, Water
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: BLK
  • Tax Tract Number: 361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2008
Sold by
Banks Pamela C
Bought by
Banks Pamela Clark and The Pamela Clark Banks Revocable Trust
Current Estimated Value
$7,372,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$963,472
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,409,404

Purchase Details

Closed on
Dec 31, 2007
Sold by
Bsb Properties Llc
Bought by
Banks Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$963,472
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,409,404

Purchase Details

Closed on
Jan 20, 2005
Sold by
Arrington Patrick and Arrington Deidre
Bought by
Bsb Properties Llc

Purchase Details

Closed on
Apr 6, 1999
Sold by
Ronald Arrington
Bought by
Arrington Patrick

Purchase Details

Closed on
Mar 14, 1994
Sold by
Arrington Deidre
Bought by
Arrington Ronald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,129,000
Interest Rate
5.68%
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
Banks Pamela Clark -- Accommodation
Banks Pamela C -- Fidelity National Title
Bsb Properties Llc -- Chicago Title Co
Arrington Patrick -- Chicago Title Co
Arrington Patrick -- North American Title Co
Arrington Ronald P -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Pamela C $1,500,000
Previous Owner Arrington Ronald P $1,129,000
Closed Bsb Properties Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2016 02/13/16 Rented $9,500 -9.5% --
02/06/2016 02/06/16 For Rent $10,500 -- --
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 $69,357 $6,969,589 $6,713,301 $256,288
2024 $69,357 $6,832,931 $6,581,668 $251,263
2023 $67,767 $6,698,952 $6,452,615 $246,337
2022 $66,341 $6,552,480 $6,326,093 $226,387
2021 $65,069 $6,424,000 $6,202,052 $221,948
2020 $61,674 $6,089,400 $5,883,300 $206,100
2019 $60,615 $5,970,000 $5,767,941 $202,059
2018 $60,626 $5,970,000 $5,767,941 $202,059
2017 $60,626 $5,970,000 $5,767,941 $202,059
2016 $56,232 $5,533,112 $5,331,053 $202,059
2015 $55,400 $5,450,000 $5,250,976 $199,024
2014 $44,093 $4,336,000 $4,136,976 $199,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16028619

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-64