NOT LISTED FOR SALE

Estimated Value: $3,507,000 - $5,412,000

3 Beds
3 Baths
2,436 Sq Ft
$1,865/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $3,070,000 $1,260 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $28,104/month

Highlights

  • Ocean View
  • 24-Hour Security
  • Two Primary Bedrooms
  • Moulton Elementary Rated A
  • In Ground Pool
  • Updated Kitchen

About This Home

As of August 2022

Beautiful single level home located in the prestigious guard gated community of Emerald Ridge, Dana Point. This charming 3 bedroom, 3 bath, pool home is located on a quiet cul-de-sac that offers 180 degree ocean views and is minutes away from downtown Dana Point or Laguna Beach.
Walk through the main entrance into the home and you are immediately captivated by the view of the Pacific Ocean ahead.

The spacious living/great room with warm hardwood floors and double-sided fireplace has beautiful French doors that lead out to the expansive backyard for an easy indoor/outdoor lifestyle. The family room with adjoining dining area is perfect for family gatherings. The kitchen is showcased by custom cabinets, granite counters, top of the line appliances and a built in TV. The master bedroom opens out to the pool area and features plenty of closet space including a large walk-in designed by California Closets. The master bath has dual vanities, a separate tub and shower and private toilet. The second bedroom with en-suite bathroom could be a second master. The third bedroom is currently set up as an office and easily transitioned back to a bedroom with close access to the 3rd bathroom.

The backyard offers panoramic ocean views from the Ritz Carlton to Catalina Island and 5+ acres of green space just for the residents of Emerald Ridge to enjoy. Watch amazing sunsets and an added bonus, spectacular July 4th Fireworks. Pet friendly community.

This home is presently unfurnished and available for immediate occupancy. Fully or partially furnished is an option. Prefer 12-18 month lease, but will consider shorter term. Please call the listing agent for further details.

Last Agent to Rent the Property

S Kedhar

Re/Max Premier Realty License #00884504 Listed on: 07/29/2022

Re/Max Premier Realty

Last Renter's Agent

S Kedhar

Re/Max Premier Realty License #00884504 Listed on: 07/29/2022

Re/Max Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,727

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 7,345 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Garden
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes association dues, gardener, pool
  • Available 7/31/22
  • Tax Lot 18
  • Tax Tract Number 4516
  • Assessor Parcel Number 67019144

Community Details

Overview

  • Property has a Home Owners Association
  • Emerald Ridge Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,727

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit
  • Available Date: 2022-07-31
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 15000
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK, Yes

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Emerald Ridge (ER)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67019144
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2436.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.11
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Separate Family Room, Two Masters, Walk-In Closet
  • Spa Features: Private, Association, Community, Heated
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Main Floor Full Bath, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Brick, Concrete, Patio, Patio Open
  • Pool Features: Private, Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse, Guard
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Cul-De-Sac, Garden, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7345.00
  • Lot Size Acres: 0.1686

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 7345.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 18
  • Tax Tract Number: 4516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 9, 2022
Sold by
Ramin Monfared
Bought by
Pearson Kevin Lee and Morgan Lesley
Seller's Agent
Jack Tucker
Jack Tucker, Broker
Buyer's Agent
Jack Tucker
Jack Tucker, Broker
List Price
$3,150,000
Sold Price
$3,070,000
Premium/Discount to List
-$80,000
-2.54%
Current Estimated Value
$4,543,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,473,710
Avg. Annual Appreciation
12.82%
Original Mortgage
$1,400,000
Outstanding Balance
$1,312,391
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$3,231,319

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 21, 2022
Sold by
Ghosheh Ribhi and Ghosheh Dina
Bought by
Monfared Ramin
Seller's Agent
Jack Tucker
Jack Tucker, Broker
Buyer's Agent
Jack Tucker
Jack Tucker, Broker
List Price
$3,150,000
Sold Price
$3,070,000
Premium/Discount to List
-$80,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,456,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Eriksmoen John P and Rich Deedreea E
Bought by
Ghosheh Ribhi and Ghosheh Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
Hanes Katherine W
Bought by
Eriksmoen John P and Rich Deedreea E

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
Interest Rate
6.34%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Pearson Kevin Lee $3,500,000 Wfg National Title
Monfared Ramin $3,070,000 Wfg National Title
Ghosheh Ribhi -- California Title Company
Eriksmoen John P $1,900,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Kevin Lee $1,400,000
Previous Owner Monfared Ramin $2,456,000
Previous Owner Ghosheh Ribhi $693,305
Previous Owner Ghosheh Ribhi $717,500
Previous Owner Ghosheh Ribhi $729,750
Previous Owner Ghosheh Ribhi $1,250,000
Previous Owner Eriksmoen John P $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Rented $10,000 -4.8% --
08/15/2022 08/15/22 Price Changed $10,500 -8.7% $4 / Sq Ft
07/29/2022 07/29/22 For Rent $11,500 0.0% --
05/10/2022 05/10/22 Sold $3,070,000 -2.5% $1,260 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,150,000 0.0% $1,293 / Sq Ft
08/20/2018 08/20/18 Rented $6,500 -7.1% --
06/05/2018 06/05/18 For Rent $7,000 -- --
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 $38,727 $3,714,228 $3,373,276 $340,952
2024 $38,727 $3,641,400 $3,307,133 $334,267
2023 $37,777 $3,570,000 $3,242,287 $327,713
2022 $23,029 $2,123,603 $1,732,579 $391,024
2021 $23,136 $2,081,964 $1,698,607 $383,357
2020 $22,477 $2,060,617 $1,681,190 $379,427
2019 $21,952 $2,020,213 $1,648,225 $371,988
2018 $20,527 $1,889,000 $1,566,762 $322,238
2017 $18,374 $1,677,000 $1,354,762 $322,238
2016 $17,404 $1,589,000 $1,266,762 $322,238
2015 $14,747 $1,350,000 $1,027,762 $322,238
2014 $14,761 $1,350,000 $1,027,762 $322,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22166250

California Regional Multiple Listing Service (CRMLS)

APN: 670-191-44