NOT LISTED FOR SALE

2281 Emerald Cir Morro Bay, CA 93442

Estimated Value: $1,808,106 - $2,267,000

3 Beds
2 Baths
2,687 Sq Ft
$777/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $1,425,000 $530 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,501/month

32 Days on Market

Highlights

  • Beach Front
  • Primary Bedroom Suite
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Panoramic View
  • 4-minute walk to Cloisters Park

About This Home

As of June 2019

Magnificent Beach Front Home! Smell the fresh ocean air and listen to the waves as they roll in and out. Located in The Cloisters - Three Bedroom, Two Bath Home with a Two Car Garage, built in 2001. Cherry Wood Cabinetry throughout the home. Newer carpet with beautiful wood floors. Gourmet Kitchen with Distinctive Black Granite Counter Tops and Cherry Wood Cabinets. Sub-Zero Refrigeration, Double Ovens with Warming Drawer. Surround Sound Inside and Out, great for entertaining. Gas fireplace great for those cooler nights. Back patio facing the beach includes a gas fire pit and access to the walking trail and beach. Furnishings negotiable.

Last Agent to Sell the Property

Barbara Fisher

Modern Broker-Pismo Beach License #01486314 Listed on: 04/23/2019

Modern Broker-Pismo Beach

Co-Listed By

Garrett Fahrmann

BHGRE HAVEN PROPERTIES License #01997328

Last Buyer's Agent

Lisa Mia

BHGRE HAVEN PROPERTIES License #01945215

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,466

Year Built

  • Built in 2001

Lot Details

  • 8,597 Sq Ft Lot
  • Beach Front
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,687 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Panoramic Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 065388024

Community Details

Overview

  • Cloister Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,466

Year Built

Built in 2001

Lot Details

0

HOA Fees

$104 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Garrett Fahrman
  • Other Phone Number: 8056103751
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s)
  • Subdivision Name Other: Cloisters(740)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065388024
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2687.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 530.33
  • Room Type: Master Suite
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 1250.00
  • Association Fee Frequency: Annually
  • Association Name: Cloister
  • Phone: 00000000000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Cloister

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinkler System
  • Lot Size Sq Ft: 8597.00
  • Lot Size Acres: 0.1974
  • Latitude Manual: 35.38675500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8597.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jun 3, 2019
Sold by
Sharman David and Sharman Demler Revocable Fmtr
Bought by
Shamp Ronald R and Shamp Debra A
Seller's Agent
Barbara Fisher
Modern Broker-Pismo Beach
Buyer's Agent
Lisa Mia
BHGRE HAVEN PROPERTIES
List Price
$1,550,000
Sold Price
$1,425,000
Premium/Discount to List
-$125,000
-8.06%
Current Estimated Value
$2,147,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,090
Avg. Annual Appreciation
6.42%
Original Mortgage
$667,000
Outstanding Balance
$441,094
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,646,183

Purchase Details

Closed on
Sep 1, 2015
Sold by
Demler David L and Demler Sharman C
Bought by
David & Sharman Demler Revocable Family and Demler Sharman C

Purchase Details

Closed on
Jul 20, 2009
Sold by
Myre Corinne
Bought by
Demler David L and Demler Sharman C

Purchase Details

Closed on
May 26, 2006
Sold by
Galanti Jacqueline
Bought by
Galanti Jacqueline

Purchase Details

Closed on
May 11, 2005
Sold by
Bradley Marc Warren and Bradley Glenda C
Bought by
Galanti Jacqueline

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
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 1997
Sold by
Keyoto Morro Bay Inc
Bought by
Bradley Marc Warren and Bradley Glenda C
Source: Public Records

Range of Values:

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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
Shamp Ronald R $1,425,000 First American Title Company
David & Sharman Demler Revocable Family -- None Available
Demler David L $1,325,000 Fidelity National Title Co
Galanti Jacqueline -- None Available
Galanti Jacqueline $1,701,000 First American Title Co
Bradley Marc Warren $235,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamp Ronald R $667,000
Previous Owner Myre Corrinne $847,160
Previous Owner Galanti Jacqueline $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $1,425,000 -8.1% $530 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $1,550,000 -- $577 / 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 $18,466 $1,589,610 $948,189 $641,421
2024 $18,155 $1,558,443 $929,598 $628,845
2023 $18,155 $1,527,886 $911,371 $616,515
2022 $17,095 $1,497,928 $893,501 $604,427
2021 $16,843 $1,468,558 $875,982 $592,576
2020 $16,683 $1,453,500 $867,000 $586,500
2019 $17,683 $1,533,219 $867,861 $665,358
2018 $13,102 $1,106,000 $625,000 $481,000
2017 $13,102 $1,106,000 $625,000 $481,000
2016 $13,102 $1,106,000 $625,000 $481,000
2015 $11,266 $935,000 $530,000 $405,000
2014 $10,189 $891,000 $505,000 $386,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19092360

California Regional Multiple Listing Service (CRMLS)

APN: 065-388-024