NOT LISTED FOR SALE

Estimated Value: $6,046,292 - $6,611,000

4 Beds
3 Baths
2,754 Sq Ft
$2,279/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $3,555,000 $1,291 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $36,365/month

322 Days on Market

Highlights

  • Beach Access
  • Gated with Attendant
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Spa
  • View of Trees or Woods

About This Home

As of March 2020

Completely rebuilt in 2007 and impeccably maintained, 258 Emerald Bay is the only turnkey home in Emerald Bay in its price segment. The home is a careful blend of Craftsman and Mediterranean styles. The materials, finishes, fixtures, appliances and appointments are both modern and elegant. 258 Emerald Bay is centrally located; a short walking distance to all of the Emerald Bay's preeminent community amenities: the beach, central parks, tennis courts, community center and pool complex. The property also features a 9,000+ sf lot which is suitable for future additions and expansions. Now is the perfect time.

Last Agent to Sell the Property

Gordon Orsborn

Engel & Völkers License #01767127 Listed on: 03/04/2019

Engel & Völkers

Last Buyer's Agent

Gordon Orsborn

Engel & Völkers License #01767127 Listed on: 03/04/2019

Engel & Völkers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 9,120 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $648 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Automatic Gate

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Mediterranean Architecture
  • Turnkey
  • Concrete Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • Bonus Room
  • Stone Flooring
  • Smart Home

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Spa
  • Beach Access
  • Stone Porch or Patio

Location

  • Suburban Location

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 05308339

Community Details

Overview

  • Emerald Bay Community Association, Phone Number (949) 494-8571
  • Ebca HOA

Amenities

  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$648 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Craftsman, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308339
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2754.00 Square Feet
  • Interior Amenities: Granite Counters, Home Automation System, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1290.85
  • Room Type: Bonus Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Suite
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio Open, Stone
  • Pool Features: Community
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Recreation Room, Meeting Room, Trash, Utilities, Sewer, Water
  • Association Fee: 7770.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay Community Association
  • Phone: 9494948571
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: EBCA

Schools

  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9120.00
  • Lot Size Acres: 0.2094
  • Latitude Manual: 33.55451700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9120.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 0000
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Feb 5, 2020
Sold by
Wirta Raymond E and Wirta Sandra N
Bought by
Kimball Scott Spencer and Kimball Sara Packer
Seller's Agent
Gordon Orsborn
Engel & Völkers
Buyer's Agent
Gordon Orsborn
Engel & Völkers
List Price
$4,250,000
Sold Price
$3,555,000
Premium/Discount to List
-$695,000
-16.35%
Current Estimated Value
$6,276,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,721,323
Avg. Annual Appreciation
10.15%
Original Mortgage
$1,900,000
Outstanding Balance
$1,782,715
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$4,493,608

Purchase Details

Closed on
Feb 12, 2010
Sold by
Wirta Raymond E and Wirta Sandra M
Bought by
Wirta Raymond E and Wirta Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2009
Sold by
Wirta Raymond E and Wirta Sandra M
Bought by
Wirta Raymond E and Wirta Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,250
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Wirta Raymond E and Wirta Sandra M
Bought by
Wirta Raymond E and Wirta Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,250
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Mitchell Lisa S and Barber Christine S
Bought by
Wirta Raymond E and Wirta Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2002
Sold by
Brannen Bennie R
Bought by
Brannen Bennie R and The Brannen Family Survivors Trust

Purchase Details

Closed on
Feb 7, 2001
Sold by
Brannen Bennie R and Brannen Edmund J
Bought by
Brannen Bennie R and Brannen Edmund J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 1998
Sold by
Syfan Bennie R and Syfan Bennie R
Bought by
Brannen Bennie R and Brannen Edmund J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kimball Scott Spencer $3,555,000 Ticor Title Ncs
Wirta Raymond E -- Chicago Title Company
Wirta Raymond E -- Chicago Title Company
Wirta Raymond E -- Chicago Title Company
Wirta Raymond E $3,150,000 First American Title Co
Brannen Bennie R -- --
Brannen Bennie R -- --
Brannen Bennie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimball Scott Spencer $1,900,000
Previous Owner Wirta Raymond E $1,856,000
Previous Owner Wirta Raymond E $1,856,250
Previous Owner Wirta Raymond E $1,600,000
Previous Owner Brannen Bennie R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $3,555,000 -16.4% $1,291 / Sq Ft
02/19/2020 02/19/20 For Sale $4,250,000 0.0% $1,543 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
03/04/2019 03/04/19 For Sale $4,250,000 -- $1,543 / 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 $38,669 $3,887,909 $3,192,793 $695,116
2024 $38,669 $3,811,676 $3,130,189 $681,487
2023 $37,781 $3,736,938 $3,068,813 $668,125
2022 $37,072 $3,663,665 $3,008,640 $655,025
2021 $36,360 $3,591,829 $2,949,647 $642,182
2020 $35,122 $3,462,900 $2,718,300 $744,600
2019 $34,520 $3,395,000 $2,665,000 $730,000
2018 $41,497 $4,080,922 $3,336,131 $744,791
2017 $40,684 $4,000,904 $3,270,716 $730,188
2016 $38,125 $3,746,000 $3,096,000 $650,000
2015 $32,578 $3,830,000 $3,180,000 $650,000
2014 $33,280 $3,267,000 $2,617,000 $650,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19137333

California Regional Multiple Listing Service (CRMLS)

APN: 053-083-39