NOT LISTED FOR SALE

188 Emerald Bay Laguna Beach, CA 92651

Emerald Bay Neighborhood

Estimated Value: $7,775,000

4 Beds
5.5 Baths
5,674 Sq Ft
$1,370/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2019

Last sale price $24,250,000 $4,274 Per Sq Ft

Current estimated payment $50,412 / mo

Highlights

  • Ocean View
  • Clubhouse
  • Tennis Courts
  • Heated Pool
  • Maid or Guest Quarters
  • Den

About This Home

As of May 2019

Sold before processing.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 05/09/2019

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750 Listed on: 05/09/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 10,355

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Bluff

Interior Spaces

  • 5,674 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Pool

  • Heated Pool
  • Fence Around Pool

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Additional Features

  • Rain Gutters
  • 10,355 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1104
  • Assessor Parcel Number 05304024

Community Details

Overview

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

Amenities

  • Community Fire Pit
  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

10,355 Sq Ft Lot

HOA Fees

$642 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05304024
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5674.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4273.88
  • Room Type: Den, Entry, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Pantry

Exterior Features

  • View: Bluff, Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water
  • Pool Features: Association, Community, Fenced, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room
  • Association Fee: 7707.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay Community Association
  • Phone: 949.494.8571
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains
  • Association Management: Emerald Bay Community Association

Schools

  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 10355.00
  • Lot Size Acres: 0.2377
  • Latitude Manual: 33.55121100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10355.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 15
  • Tax Tract Number: 1104

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Apr 15, 2019
Sold by
Bought by
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$24,750,000
Sold Price
$24,250,000
Premium/Discount to List
-$500,000
-2.02%
Current Estimated Value
$7,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,475,000
Avg. Annual Appreciation
-14.77%

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2003
Sold by
Bought by

Purchase Details

Closed on
May 2, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$24,250,000 Lawyers Title
-- First American Title Co
$7,900,000 First American Title Co
-- First American Title Co
$7,900,000 First American Title Co
-- --
-- Stewart Title
-- Chicago Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,000,000
Previous Owner $1,100,000
Closed $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $24,250,000 -2.0% $4,274 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $24,750,000 -- $4,362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $275,630 $27,868,130 $26,452,797 $1,415,333
2024 $275,630 $27,133,152 $25,934,115 $1,199,037
2023 $266,903 $26,363,019 $25,425,603 $937,416
2022 $261,855 $25,841,963 $24,927,062 $914,901
2021 $255,904 $25,242,961 $24,438,297 $804,664
2020 $250,740 $24,735,000 $24,187,713 $547,287
2019 $102,339 $10,069,034 $9,578,686 $490,348
2018 $100,351 $9,871,602 $9,390,868 $480,734
2017 $98,385 $9,678,042 $9,206,734 $471,308
2016 $96,536 $9,488,277 $9,026,210 $462,067
2015 $95,109 $9,345,755 $8,890,628 $455,127
2014 $93,305 $9,162,685 $8,716,473 $446,212
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Giem

    Plus Real Estate

    (949) 933-7046

    1 in this area

    42 Total Sales

    Robert Giem
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19062555

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-24

California Orange County Laguna Beach 92651 Emerald Bay

188 Emerald Bay, Laguna Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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