NOT LISTED FOR SALE

Estimated Value: $6,438,000 - $7,956,000

4 Beds
4 Baths
3,103 Sq Ft
$2,304/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2012

Last sale price $4,300,000 $1,386 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $44,803 / mo

161 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Ocean Side of Freeway
  • El Morro Elementary School Rated A+
  • Private Pool
  • Deck

About This Home

As of April 2012

This stunning four bedroom remodeled home is located on the ocean side of PCH overlooking Emerald Bay's private beach with endless views of the ocean, Catalina Island, coastline and rolling hillsides. Own a treasured piece of history as this home was previously owned by Warren Buffet and family; this estate is nothing short of spectacular and is fit for a king! Located on a private cul-de-sac, the property is extremely private with no through traffic. The walls of glass, vaulted ceilings, balconies and patios perfectly captivate the surrounding views, natural light and one-of-a-kind sunsets. The exclusive and private neighborhood of Emerald Bay offers a plethora of resort-like amenities including a private white sand beach, six championship tennis courts, three beach volleyball courts, community center including pool and spa and lush tree-lined parks.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 10/04/2011

Coldwell Banker Realty

Last Buyer's Agent

Soosan Robinett

Compass License #01190742

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 3,190 Sq Ft Lot
  • Lot Dimensions are 58x55

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Hills

Home Design

  • Fire Retardant Roof
  • Wood Siding

Interior Spaces

  • 3,103 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • 4 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Beach Access
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 940
  • Assessor Parcel Number 05306027

Community Details

Overview

  • Property has a Home Owners Association
  • Custom

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1955 | Remodeled

Lot Details

3,190 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Emerald Bay
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05306027
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3103.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 1385.76
  • Room Type: Basement, Family Room, Living Room, Retreat
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Hills, Ocean, White Water
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Fire Retardant
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Electric Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 650.00
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 58x55
  • Lot Size Sq Ft: 3190.00
  • Lot Size Acres: 0.0730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3190.0000 Square Feet
  • Waterfront Features: Beach Access, Ocean Side of Freeway

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 940

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Mar 16, 2012
Sold by
Bought by
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Soosan Robinett
Compass
List Price
$4,995,000
Sold Price
$4,300,000
Premium/Discount to List
-$695,000
-13.91%
Current Estimated Value
$7,464,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,164,596
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
0.019%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
0.0563%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
0.0563%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
0.0484%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
0.0484%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
0.0484%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1996
Sold by
Bought by

Purchase Details

Closed on
May 31, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,300,000 Advantage Title Inc
-- Stewart Title
-- California Title Company
$5,450,000 California Title Company
-- California Title
-- California Title
-- California Title
-- Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $2,800,000
Closed $3,000,000
Closed $500,000
Closed $2,625,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $4,300,000 -13.9% $1,386 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $4,995,000 -- $1,610 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $53,808 $5,401,041 $5,137,855 $263,186
2024 $53,808 $5,295,139 $5,037,113 $258,026
2023 $52,575 $5,191,313 $4,938,346 $252,967
2022 $51,589 $5,089,523 $4,841,516 $248,007
2021 $50,601 $4,989,729 $4,746,584 $243,145
2020 $50,080 $4,938,566 $4,697,914 $240,652
2019 $49,221 $4,841,732 $4,605,798 $235,934
2018 $48,265 $4,746,797 $4,515,489 $231,308
2017 $47,319 $4,653,723 $4,426,950 $226,773
2016 $46,430 $4,562,474 $4,340,147 $222,327
2015 $45,744 $4,493,942 $4,274,954 $218,988
2014 $44,876 $4,405,912 $4,191,213 $214,699
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004235

California Regional Multiple Listing Service (CRMLS)

APN: 053-060-27

Your Personal Tour Guide

Ask me questions while you tour the home.