NOT LISTED FOR SALE

2227 Emerald Cir Morro Bay, CA 93442

Estimated Value: $1,935,000 - $2,106,000

4 Beds
3 Baths
2,775 Sq Ft
$729/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,855,000 $668 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,444/month

2 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Cloisters Park

About This Home

As of May 2022

Welcome to 2227 Emerald Circle! This stunning 2,775 sq ft., 4 bedroom, 3 bathroom home will have you feeling right at home as you enter this beach beauty located in the highly-coveted Cloisters coastal community in Morro Bay, CA. The main and upper levels offer an abundance of natural light. The living room with a gas fireplace is perfect for those cozy evenings and opens to a dining area and gourmet kitchen equipped with dual ovens and an island allowing the chef to be part of all the special moments. A guest bedroom and the spacious primary suite with a spa-like bathroom is on the main level. Also on the main level is a laundry room and a work-from-home space that flows to the beautifully manicured backyard and patio - equipped with an outdoor shower! Upstairs offers two additional bedrooms with a flow-through bathroom, a den/game room ideal for movie time or enjoying views of the ocean and Morro Rock. A 3-car garage allows for tandem and side by side parking with room for storing your beach and hobby toys. Community amenities include Cloisters Park with play area, trails, wetlands and close to shopping, restaurants and beach adventures.

Last Agent to Sell the Property

Summer Kabaker

Compass License #01931668 Listed on: 04/13/2022

Compass

Last Buyer's Agent

Katherine Hudson

SLO Broker & Associates License #01977474

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 7,368 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Hills
  • Neighborhood
  • Rock

Home Design

  • Planned Development

Interior Spaces

  • 2,775 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 93
  • Tax Tract Number 1996
  • Assessor Parcel Number 065388048
  • $1,250 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cloisters Subdivision

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Cloisters(740)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065388048
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2775.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 668.47
  • Room Type: Jack & Jill, Kitchen, Laundry, Main Floor Master Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Hills, Neighborhood, Ocean, Rocks
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Refrigerator
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7368.00
  • Lot Size Acres: 0.1691

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7368.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.06
  • Tax Lot: 93
  • Tax Tract Number: 1996
  • TaxOtherAnnualAssessmentAmount: 1250.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2005
Sold by
Waibel Susan A
Bought by
Shipcott Kurtis R and Shipcott Kara A
Current Estimated Value
$2,022,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$391,190
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,630,861

Purchase Details

Closed on
May 13, 2002
Sold by
Waibel Keith A
Bought by
Waibel Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.56%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Beachside Collection Llc
Bought by
Waibel Keith A and Waibel Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.56%
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
Shipcott Kurtis R $1,025,000 First American Title Company
Waibel Susan A -- --
Waibel Susan A -- --
Waibel Keith A -- --
Waibel Keith A $700,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipcott Kurtis R $820,000
Previous Owner Waibel Keith A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $1,855,000 +6.6% $668 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,740,000 -- $627 / 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 $22,572 $1,968,540 $1,061,208 $907,332
2024 $22,186 $1,929,942 $1,040,400 $889,542
2023 $22,186 $1,892,100 $1,020,000 $872,100
2022 $15,417 $1,346,340 $788,104 $558,236
2021 $15,190 $1,319,942 $772,651 $547,291
2020 $13,544 $1,165,000 $680,000 $485,000
2019 $13,660 $1,165,000 $680,000 $485,000
2018 $12,984 $1,102,000 $645,000 $457,000
2017 $12,984 $1,102,000 $645,000 $457,000
2016 $12,984 $1,102,000 $645,000 $457,000
2015 $11,159 $932,000 $545,000 $387,000
2014 $10,219 $901,000 $525,000 $376,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22070836

California Regional Multiple Listing Service (CRMLS)

APN: 065-388-048