NOT LISTED FOR SALE

Estimated Value: $4,709,828 - $6,741,000

4 Beds
3 Baths
2,600 Sq Ft
$2,289/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $3,650,000 $1,404 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $33,407/month

17 Days on Market

Highlights

  • White Water Ocean Views
  • Heated In Ground Pool
  • Gated Community
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of May 2015

Located within the exclusive community of Emerald Bay, this beautifully customized ocean view home features 4 bedrooms and 3 bathrooms. With panoramic ocean and Catalina views from the kitchen, family room, dining room, and master bedroom, this property is perfect for entertaining family and friends- with a great room concept, open floor plan and vaulted ceilings. Ideally setup to enjoy the Laguna Beach climate, this fine residence boasts three outdoor patios and a private yard complete with a sparkling pool and waterfall. Situated as the center of the home, the chef's kitchen, complete with a 6 burner Viking range, stainless steel appliances, and large center island opens onto the spacious family room with fireplace and formal dining room. The home also has French limestone and hardwood flooring throughout, two fireplaces, inside laundry and a three car garage with room for a golf cart and extra storage. The Emerald Bay community 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

Stephanie Lowe

Compass License #01118318 Listed on: 03/02/2015

Compass

Co-Listed By

Heather Kidder

Arbor Real Estate License #01187466

Last Buyer's Agent

David Cooper

David Cooper, Broker License #00804175

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Sprinkler System
  • Private Yard

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Enclosed Patio or Porch

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 977
  • Assessor Parcel Number 05307222

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Community Fire Pit
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05307222
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2600.00
  • Interior Amenities: Beamed Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 1403.85
  • Room Type: Main Floor Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, White Water
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Community, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Pool, Tennis Court(s)
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 103
  • Tax Tract Number: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2017
Sold by
Cruse Steven J
Bought by
Cruse Steven J and Steven J Cruse Trust
Current Estimated Value
$5,950,943

Purchase Details

Listed on
Mar 2, 2015
Closed on
Mar 23, 2015
Sold by
Peykoff Andrew D and Peykoff Virginia D
Bought by
Cruse Steven J
Seller's Agent
Stephanie Lowe
Compass
Buyer's Agent
David Cooper
David Cooper, Broker
List Price
$3,795,000
Sold Price
$3,650,000
Premium/Discount to List
-$145,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$2,150,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 24, 2012
Sold by
Peykoff Daniel A
Bought by
Peykoff Andrew D and Peykoff Virginia D

Purchase Details

Closed on
Sep 2, 2005
Sold by
Peykoff Andrew D and Peykoff Virginia D
Bought by
Peykoff Andrew D and Peykoff Virginia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
The Fox Family Trust
Bought by
Peykoff Andrew and Peykoff Virginia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1994
Sold by
Fox John Richard and Fox Nancy Jane
Bought by
Fox John Richard and Fox Nancy Jane
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
Cruse Steven J -- None Available
Cruse Steven J $3,650,000 California Title Company
Peykoff Andrew D $1,058,000 None Available
Peykoff Andrew D -- --
Peykoff Andrew -- California Title Company
Fox John Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruse Steven J $2,150,000
Previous Owner Peykoff Andrew $2,380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2015 05/19/15 Sold $3,650,000 -3.8% $1,404 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $3,795,000 0.0% $1,460 / Sq Ft
07/26/2013 07/26/13 Rented $9,750 +2.6% --
07/26/2013 07/26/13 Under Contract -- -- --
04/27/2013 04/27/13 For Rent $9,500 -- --
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 $24,565 $2,471,664 $1,984,527 $487,137
2024 $24,565 $2,423,200 $1,945,614 $477,586
2023 $24,001 $2,375,687 $1,907,465 $468,222
2022 $23,550 $2,329,105 $1,870,063 $459,042
2021 $23,097 $2,283,437 $1,833,395 $450,042
2020 $22,858 $2,260,024 $1,814,596 $445,428
2019 $22,465 $2,215,710 $1,779,015 $436,695
2018 $22,028 $2,172,265 $1,744,132 $428,133
2017 $21,525 $2,122,809 $1,709,933 $412,876
2016 $37,715 $3,705,662 $3,450,328 $255,334
2015 $31,921 $3,135,370 $2,879,213 $256,157
2014 -- $3,135,370 $2,879,213 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15043593

California Regional Multiple Listing Service (CRMLS)

APN: 053-072-22