NOT LISTED FOR SALE

Estimated Value: $6,008,000 - $8,812,530

4 Beds
2.5 Baths
2,254 Sq Ft
$3,405/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $3,725,000 $1,653 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $46,380/month

21 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • In Ground Spa
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Deck

About This Home

As of September 2016

Home in Lovely Emerald Bay, Laguna Beach. 4 Bedroom, 3 bath located in a highly sought after guard gated community of Emerald Bay. Sweeping ocean and white water views of Emerald Bay's Main Beach. Enjoy all of the amenities that this community has to offer. Other features include a large lot and spacious backyard to entertain and watch the sunset. ALL CONTRACTS/OFFERS ARE SUBJECT TO CIT Bank SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY CIT Bank. ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES.

Last Agent to Sell the Property

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380 Listed on: 07/13/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Harold Noriega

Compass License #01494239

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,592

Year Built

  • Built in 1963

Lot Details

  • 9,940 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Catalina

Interior Spaces

  • 2,254 Sq Ft Home
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 977
  • Assessor Parcel Number 05307316

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,592

Year Built

Built in 1963

Lot Details

0

HOA Fees

$589 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05307316
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2254.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1652.62
  • Room Type: Bonus Room, Entry, Family Room, Great Room, Living Room, Main Floor Master Bedroom, Separate Family Room, Utility Room
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 7072.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9940.00
  • Price Per Lot Square Foot: 374.75

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 2, 2016
Sold by
Cit Bank Na
Bought by
Bock David and Bock Karin
Seller's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Harold Noriega
Compass
List Price
$3,399,900
Sold Price
$3,725,000
Premium/Discount to List
$325,100
9.56%
Current Estimated Value
$7,674,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,949,383
Avg. Annual Appreciation
8.03%
Original Mortgage
$2,590,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Corlett Bryan C and Corlett Nadia M
Bought by
Onewest Bank Na

Purchase Details

Closed on
Sep 10, 2008
Sold by
Corlett Bryan C and Corlett Nadia M
Bought by
Corlett Bryan C

Purchase Details

Closed on
Nov 6, 2006
Sold by
Corlett Nadia M
Bought by
Corlett Nadia M and Nadia M Corlett Residence Trust

Purchase Details

Closed on
Feb 24, 2006
Sold by
Fritz Horace H
Bought by
Corlett Bryan C and Corlett Nadia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,905,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 20, 2003
Sold by
Fritz Ann T
Bought by
Fritz Ann T and Ann T Fritz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Fritz Ann T
Bought by
Fritz Ann T and The Ann T Fritz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.14%

Purchase Details

Closed on
May 18, 2001
Sold by
Fritz Ann T
Bought by
Fritz Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Fritz Ann T
Bought by
The Ann T Fritz 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
$119,000
Interest Rate
8.2%
Mortgage Type
Credit Line Revolving
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
Bock David $3,713,000 Servicelink Title Company
Onewest Bank Na $3,199,456 Accommodation
Corlett Bryan C -- None Available
Corlett Nadia M -- None Available
Corlett Bryan C -- None Available
Corlett Nadia M -- None Available
Corlett Bryan C $4,150,000 Chicago Title Co
Fritz Ann T -- Equity Title Company
Fritz Ann T -- Equity Title Company
Fritz Ann T -- --
Fritz Ann T -- --
The Ann T Fritz Family Trust -- Guardian Title Company
Fritz Ann T -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bock Family Trust $2,000,000
Closed Bock David $1,100,000
Closed Bock David $2,590,000
Previous Owner Corlett Bryan C $300,000
Previous Owner Corlett Bryan C $3,300,000
Previous Owner Corlett Bryan C $200,000
Previous Owner Corlett Bryan C $2,905,000
Previous Owner Fritz Ann T $1,000,000
Previous Owner Fritz Ann T $197,000
Previous Owner Fritz Ann T $199,000
Previous Owner Fritz Ann T $119,000
Previous Owner Fritz Ann T $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $3,725,000 +9.6% $1,653 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $3,399,900 -- $1,508 / 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 $51,592 $5,185,643 $4,120,897 $1,064,746
2024 $51,592 $5,083,964 $4,040,095 $1,043,869
2023 $50,409 $4,984,279 $3,960,878 $1,023,401
2022 $49,462 $4,886,549 $3,883,214 $1,003,335
2021 $48,513 $4,790,735 $3,807,073 $983,662
2020 $48,012 $4,741,612 $3,768,036 $973,576
2019 $47,188 $4,648,640 $3,694,153 $954,487
2018 $42,232 $4,160,191 $3,621,719 $538,472
2017 $37,687 $3,713,000 $3,550,705 $162,295
2016 $34,626 $3,402,000 $3,198,296 $203,704
2015 $34,634 $3,402,000 $3,198,296 $203,704
2014 $34,655 $3,402,000 $3,198,296 $203,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16152785

California Regional Multiple Listing Service (CRMLS)

APN: 053-073-16