NOT LISTED FOR SALE

Estimated Value: $4,374,000 - $5,793,000

2 Beds
2.5 Baths
1,655 Sq Ft
$3,098/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $3,527,000 $2,131 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $33,252/month

178 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Clubhouse
  • El Morro Elementary School Rated A+
  • Spa
  • Property is near clubhouse and park

About This Home

As of December 2016

EMERALD BAY - LAGUNA BEACH - Enjoy this charming, vintage Emerald Bay home with great ocean views. A perfect beach home or terrific opportunity to build your new dream home. Two bedrooms, two baths, with large yard. Private and charming with steps to all of Emerald Bay's fantastic amenities. Emerald Bay is an enclave of homes that enjoy a private sandy beach with volleyball courts, fire pits, tennis courts, community pool, and extracurricular activities for both youth and adults.

Last Agent to Sell the Property

Maura Short

Compass License #01883774 Listed on: 06/24/2016

Compass

Last Buyer's Agent

Pam Duley

Compass License #00899324

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 5,831 Sq Ft Lot
  • Property fronts a private road
  • Private Yard

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Cottage
  • Shingle Siding
  • Stucco

Interior Spaces

  • 1,655 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Beach Access
  • Rain Gutters

Additional Features

  • Property is near clubhouse and park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 105
  • Tax Tract Number 977
  • Assessor Parcel Number 05307217

Community Details

Overview

  • Emerald Bay Community Association

Amenities

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

Recreation

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

Security

  • Security Guard
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

HOA Fees

$589 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, range, and some furniture
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05307217
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1655.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2131.12
  • Room Type: Bonus Room, Family Room, Galley Kitchen, Living Room, Master Bedroom
  • Spa Features: Association

Exterior Features

  • View: Ocean
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room, Clubhouse Paid, Pet Rules, Pets Permitted, Management, Guard
  • Association Fee: 7072.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay Community Association
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Park Nearby, Yard
  • Lot Size Sq Ft: 5831.00
  • Price Per Lot Square Foot: 650.83

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 105
  • Tax Tract Number: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Dec 14, 2016
Sold by
230 Emerald Bay Llc
Bought by
Barnett James J and Barnett Anne J
Seller's Agent
Maura Short
Compass
Buyer's Agent
Pam Duley
Compass
List Price
$3,795,000
Sold Price
$3,527,000
Premium/Discount to List
-$268,000
-7.06%
Current Estimated Value
$5,621,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,094,362
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Apr 11, 2011
Sold by
Merage Louise
Bought by
230 Emerald Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bsb Properties Llc
Bought by
Merage Louise and Louise Merage Trust

Purchase Details

Closed on
Apr 27, 2001
Sold by
Banks Pamela Clark
Bought by
Bsb Properties Llc

Purchase Details

Closed on
Jan 22, 2001
Sold by
Moy Marianne J
Bought by
Banks Pamela Clark

Purchase Details

Closed on
Apr 29, 1996
Sold by
Gregory Elizabeth S
Bought by
Moy Marianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.96%
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
Barnett James J $3,527,000 Chicago Title
230 Emerald Bay Llc -- Orange Coast Title Co
Merage Louise $2,700,000 Chicago Title Co
Bsb Properties Llc -- --
Banks Pamela Clark $1,325,000 Chicago Title Co
Moy Marianne J $745,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 230 Emerald Bay Llc $1,800,000
Previous Owner Moy Marianne J $596,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $3,527,000 -4.5% $2,131 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/11/2016 11/11/16 Price Changed $3,695,000 -2.6% $2,233 / Sq Ft
06/24/2016 06/24/16 For Sale $3,795,000 -- $2,293 / 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 $42,724 $4,287,999 $3,983,963 $304,036
2024 $42,724 $4,203,921 $3,905,846 $298,075
2023 $41,745 $4,121,492 $3,829,261 $292,231
2022 $40,962 $4,040,679 $3,754,178 $286,501
2021 $40,178 $3,961,450 $3,680,566 $280,884
2020 $39,764 $3,920,831 $3,642,827 $278,004
2019 $39,082 $3,843,952 $3,571,399 $272,553
2018 $36,450 $3,584,314 $3,501,372 $82,942
2017 $35,868 $3,527,000 $3,432,718 $94,282
2016 $29,068 $2,855,605 $2,757,251 $98,354
2015 $28,638 $2,812,712 $2,715,835 $96,877
2014 $28,655 $2,812,712 $2,715,835 $96,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16137097

California Regional Multiple Listing Service (CRMLS)

APN: 053-072-17