NOT LISTED FOR SALE

240 Emerald Bay Laguna Beach, CA 92651

Emerald Bay Neighborhood

Estimated Value: $4,142,623 - $5,518,000

3 Beds
3 Baths
1,904 Sq Ft
$2,443/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $2,388,000 $1,254 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $27,109/month

14 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Main Floor Primary Bedroom
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • Cottage

About This Home

As of December 2012

West Indies style home with sparkling ocean and Catalina views. This home features 3 bedrooms and 3 baths and was remodeled in 2006 with plans drawn by Cynthia Childs, Architect. Gorgeous windows, french doors, and crown mouldings grace this property. The living and dining room open to vaulted ceilings with a fireplace and custom shades/drapes. The chef`s kitchen also features vaulted ceilings with furniture grade built-ins, marble counters, top of the line stainless appliances and Ann Sacks tile. The Master bedroom has custom built-ins with a large dressing room. There is an en suite bedroom downstairs. Features also include a slate roof, copper gutters, Charles Edwards light fixtures and a private terrace for entertaining.

Last Agent to Sell the Property

Dana McNeill-Perisi

Pacific Sotheby's Int'l Realty License #01908867 Listed on: 11/01/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jerry Russoniello

Compass License #01320149

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 3,078

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Cottage
  • Slate Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Dining Room
  • Wood Flooring

Kitchen

  • Convection Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • Patio
  • 3,078 Sq Ft Lot

Community Details

  • Laundry Facilities
  • Gated with Attendant

Listing and Financial Details

  • Tax Lot /
  • Tax Tract Number 977

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$583 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Emerald Bay
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1904.00
  • Interior Amenities: Built-in Features, Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1254.20
  • Room Type: Main Floor Master Bedroom
  • Window Features: Custom Covering, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Fence: No
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Convection Oven, Dishwasher, Gas Cooking, Disposal, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 7000.00
  • Association Fee Frequency: Annually
  • Phone: /
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3078.00
  • Lot Size Acres: 0.0710

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3078.0000 Square Feet

Tax Info

  • Tax Lot: /
  • Tax Tract Number: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 15, 2012
Sold by
Mcneill Perisi Dana L
Bought by
Baer Gary M and Gary M & Marilyn Baer Callo Revocable Tr
Seller's Agent
Dana McNeill-Perisi
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jerry Russoniello
Compass
List Price
$2,650,000
Sold Price
$2,388,000
Premium/Discount to List
-$262,000
-9.89%
Current Estimated Value
$4,651,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,263,874
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,671,600
Outstanding Balance
$1,154,013
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$3,497,861

Purchase Details

Closed on
Apr 21, 2003
Sold by
Mcneill Perisi Dana L
Bought by
Mcneill Perisi Dana L and The Mcneill Perisi Family Trust

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
5.5%

Purchase Details

Closed on
Jan 2, 2002
Sold by
Bennett Jason C and Bennett Kirsten P
Bought by
Mcneill Perisi Dana L and Mcneill Perisi Family Trust

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
6.25%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Patterson Robert M and Patterson Mary J
Bought by
Bennett Jason C and Bennett Kirsten P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
8.49%
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
Baer Gary M $2,388,000 Chicago Title Company
Mcneill Perisi Dana L -- First American Title Co
Mcneill Perisi Dana L -- First American Title Co
Bennett Jason C $1,190,000 Guardian Title Company
Bennett Jason C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baer Gary M $1,671,600
Previous Owner Mcneill Perisi Dana L $1,000,000
Previous Owner Mcneill Perisi Dana L $1,000,000
Previous Owner Bennett Jason C $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $2,388,000 -9.9% $1,254 / Sq Ft
11/01/2012 11/01/12 For Sale $2,650,000 -- $1,392 / 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 $29,307 $2,940,646 $2,780,667 $159,979
2024 $29,307 $2,882,987 $2,726,144 $156,843
2023 $28,635 $2,826,458 $2,672,690 $153,768
2022 $28,098 $2,771,038 $2,620,285 $150,753
2021 $27,560 $2,716,704 $2,568,906 $147,798
2020 $27,276 $2,688,848 $2,542,565 $146,283
2019 $26,808 $2,636,126 $2,492,711 $143,415
2018 $26,288 $2,584,438 $2,443,835 $140,603
2017 $25,773 $2,533,763 $2,395,916 $137,847
2016 $25,289 $2,484,082 $2,348,937 $135,145
2015 $24,914 $2,446,769 $2,313,654 $133,115
2014 $24,441 $2,398,841 $2,268,333 $130,508
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dana McNeill-Perisi

    Pacific Sotheby's Int'l Realty

    Section Image

  • J

    Buyer's Agent in 2012

    Jerry Russoniello

    Compass

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004226

California Regional Multiple Listing Service (CRMLS)

APN: 053-072-21

California Orange County Laguna Beach 92651 Emerald Bay

240 Emerald Bay, Laguna Beach, CA

Not Listed for Sale

Detached

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