NOT LISTED FOR SALE

Estimated Value: $8,542,000

5 Beds
5.5 Baths
5,700 Sq Ft
$1,499/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $15,000,000 $2,632 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $61,654/month

247 Days on Market

Highlights

  • Ocean Front
  • 24-Hour Security
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Private Pool
  • Ocean Side of Highway 1

About This Home

As of May 2015

SPECTACULAR EMERALD BAY OCEANFRONT
This stunning oceanfront residence, designed by world renowned architect Paul Williams has recently been exquisitely remodeled and outfitted with many contemporary amenities. The magnificent setting with sweeping ocean views of Emerald Bay's private beach and the gorgeous Laguna Beach coastline to the south, distinguish this property. The parcel of land is exceptional for its location on the end of Emerald Bay point.
There are two limestone decks, one on each level, extending the length of the home, create the ideal environment for entertaining or personal enjoyment of the views and the sounds of the waves brushing the rocks below.
There are two great rooms, one on the main level and one on the lower level, each with fireplace and wetbar. Electronically masterful, the home features sophisticated lighting with art connoisseurs in mind, electrically operated shades and duets and all master switches. Five bedrooms and baths plus a powder, allowing room for any lifestyle. There is an elevator, zoned heating and air conditioning and off street parking for 4 guest cars. Emerald Bay residents enjoy a private beach, parks, tennis, pools. beach volleyball, community center and twenty-four hour guard gated security.

Last Agent to Sell the Property

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 07/21/2014

Coldwell Banker Realty

Last Buyer's Agent

Outside Agent

Southland Regional Reciprocal License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $195,217

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Southeast Facing Home
  • Paved or Partially Paved Lot

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Bluff
  • Hills
  • Rock

Home Design

  • Contemporary Architecture
  • Turnkey
  • Tile Roof

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Insulated Windows
  • Custom Window Coverings
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Panel Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Storage
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Warming Drawer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Exterior Lighting
  • Stone Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Phone System

Additional Features

  • Accessible Elevator Installed
  • Electronic Air Cleaner

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1104
  • Assessor Parcel Number 05304057

Community Details

Overview

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

Amenities

  • Community Fire Pit
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$195,217

Year Built

Built in 1961

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05304057
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5700.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Wired for Data, Electronic Air Cleaner, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Phone System, Pantry, Recessed Lighting, Storage, Stone Counters, Wired for Sound, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Insulated Doors, Panel Doors, Sliding Doors
  • Fireplace Features: Family Room, Great Room
  • Levels: Two
  • Price Per Square Foot: 2631.58
  • Room Type: Entry, Family Room, Foyer, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room, Two Masters
  • Spa Features: Association
  • Window Features: Custom Covering, Double Pane Windows, Insulated Windows, Screens, Skylight(s), Wood Frames
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Exterior Features: Awning(s), Lighting
  • View: City Lights, Coastline, Hills, Ocean, Panoramic, Rocks, Water, White Water
  • Patio And Porch Features: Deck, Porch, Stone
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway, Direct Garage Access, Garage, Off Street
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Double Oven, Dishwasher, Electric Oven, Freezer, Disposal, Ice Maker, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Annually, Fire Pit, Guard, Pets Permitted, Picnic Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 8100.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 949-494-8571
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Lot Features: Bluff, Cul-De-Sac, Lot 10000-19999 Sqft, Paved
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 1104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Mar 26, 2015
Sold by
Buck Christina
Bought by
Flattum Family Trust
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
Outside Agent
Southland Regional Reciprocal
List Price
$17,850,000
Sold Price
$15,000,000
Premium/Discount to List
-$2,850,000
-15.97%
Current Estimated Value
$8,542,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,458,000
Avg. Annual Appreciation
-5.24%
Original Mortgage
$5,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2002
Sold by
Ellsworth Marcia and Ellsworth Richard R
Bought by
Buck Gerald E and Buck Bente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 4, 1997
Sold by
Ellsworth and Marcia
Bought by
Ellsworth Marcia L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flattum Family Trust $15,000,000 First American Title Company
Buck Gerald E $6,500,000 Fidelity National Title Co
Ellsworth Marcia L -- --
Ellsworth Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flattum Family Trust $5,000,000
Previous Owner Buck Gerald E $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $15,000,000 -6.2% $2,632 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
09/10/2014 09/10/14 Price Changed $15,999,000 -10.4% $2,807 / Sq Ft
07/21/2014 07/21/14 For Sale $17,850,000 -- $3,132 / 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 $195,217 $19,608,052 $16,505,770 $3,102,282
2024 $195,217 $19,223,581 $16,182,128 $3,041,453
2023 $190,741 $18,846,649 $15,864,832 $2,981,817
2022 $187,163 $18,477,107 $15,553,757 $2,923,350
2021 $167,583 $16,537,051 $15,248,781 $1,288,270
2020 $166,732 $16,454,044 $15,257,266 $1,196,778
2019 $157,353 $15,490,005 $14,958,104 $531,901
2018 $147,017 $14,468,730 $14,468,730 $0
2017 $157,896 $15,533,325 $14,185,030 $1,348,295
2016 $154,929 $15,228,750 $13,906,892 $1,321,858
2015 $83,222 $8,177,510 $7,216,248 $961,262
2014 $81,644 $8,017,324 $7,074,891 $942,433
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14154078

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-57