NOT LISTED FOR SALE

412 Emerald Bay Laguna Beach, CA 92651

Emerald Bay Neighborhood

Estimated Value: $5,481,000 - $5,961,087

3 Beds
3 Baths
2,538 Sq Ft
$2,269/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $2,700,000 $1,064 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $32,959/month

36 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Main Floor Primary Bedroom
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • Tennis Courts

About This Home

As of February 2013

Remodeled in 2008, this two level Emerald Bay residence offers expansive ocean views from the gourmet kitchen, living and dining room, media room and the main level master bedroom suite. The lushly landscaped private courtyard leads to a immaculate three bedroom, three full bath home with view decks overlooking the ocean and Catalina Island. Light oak wood floors throughout the main and lower level, crown molding, and an abundance of natural light. The lower level includes one bedroom and bath, a large bonus room with surround sound media and custom bookcases opening onto a grassy rear yard with built in jacuzzi. Enjoy all of the benefits of this oceanfront community including one of the finest beaches in Laguna, private tennis courts and an expansive community pool.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 09/13/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Gordon Haney

Emerald Bay Realty License #00270321

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,133

Year Built

  • Built in 1953

Lot Details

  • 6,138

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina

Interior Spaces

  • 2,538 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Double Oven
  • Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • Stone Porch or Patio
  • 6,138 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 977
  • Assessor Parcel Number 05307117

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (949) 554-1200
  • Maintained Community
  • Greenbelt

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,133

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Emerald Bay
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05307117
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2538.00
  • Interior Amenities: Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1063.83
  • Room Type: Main Floor Master Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Fence: No
  • Patio And Porch Features: Stone
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Double Oven, Dishwasher, Freezer, Disposal, Ice Maker, Refrigerator, Cooktop
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 650.00
  • Phone: 949-554-1200
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 6138.00
  • Lot Size Acres: 0.1410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6138.0000 Square Feet

Tax Info

  • Tax Lot: 64
  • Tax Tract Number: 977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Reda Zacharia
Bought by
Reda Zacharia and Z R Trust
Current Estimated Value
$5,758,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,555,000
Outstanding Balance
$1,238,010
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$4,520,019

Purchase Details

Listed on
Sep 13, 2012
Closed on
Feb 6, 2013
Sold by
White Jon I
Bought by
White Jon I
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gordon Haney
Emerald Bay Realty
List Price
$3,300,000
Sold Price
$2,700,000
Premium/Discount to List
-$600,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$1,890,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2012
Closed on
Jan 22, 2013
Sold by
White Jon I
Bought by
Reda Zachary and Z R Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gordon Haney
Emerald Bay Realty
List Price
$3,300,000
Sold Price
$2,700,000
Premium/Discount to List
-$600,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2006
Sold by
White Jon I
Bought by
White Jon I and Jon I White Residence Trust

Purchase Details

Closed on
Jul 18, 2006
Sold by
Borbely Melinda
Bought by
White Jon I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 1996
Sold by
Erling Jerome J and Erling Marion E
Bought by
White Jon I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.35%
Source: Public Records

Range of Values:

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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
Reda Zacharia -- Nextitle
White Jon I -- None Available
Reda Zachary $2,700,000 None Available
White Jon I -- None Available
White Jon I -- Ticor Title Co Fullerton
White Jon I $925,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reda Zacharia $1,555,000
Closed Reda Zachary $1,890,000
Previous Owner White Jon I $1,100,000
Previous Owner White Jon I $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2013 02/13/13 Sold $2,700,000 -15.0% $1,064 / Sq Ft
09/26/2012 09/26/12 Price Changed $3,175,000 -3.8% $1,251 / Sq Ft
09/13/2012 09/13/12 For Sale $3,300,000 -- $1,300 / 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 $33,133 $3,427,670 $3,140,973 $286,697
2024 $33,133 $3,259,660 $3,030,366 $229,294
2023 $32,374 $3,195,746 $2,970,947 $224,799
2022 $31,767 $3,133,085 $2,912,693 $220,392
2021 $31,158 $3,071,652 $2,855,581 $216,071
2020 $30,837 $3,040,156 $2,826,300 $213,856
2019 $30,308 $2,980,546 $2,770,883 $209,663
2018 $29,720 $2,922,104 $2,716,552 $205,552
2017 $29,137 $2,864,808 $2,663,286 $201,522
2016 $28,590 $2,808,636 $2,611,065 $197,571
2015 $28,167 $2,766,448 $2,571,844 $194,604
2014 $27,632 $2,712,258 $2,521,466 $190,792
Source: Public Records

Agents Affiliated with this Home

  • John Cain

    Seller's Agent in 2013

    John Cain

    Pacific Sothebys

    (714) 655-8940

    1 in this area

    208 Total Sales

    John Cain
    Section Image

  • G

    Buyer's Agent in 2013

    Gordon Haney

    Emerald Bay Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003601

California Regional Multiple Listing Service (CRMLS)

APN: 053-071-17

California Orange County Laguna Beach 92651 Emerald Bay

412 Emerald Bay, Laguna Beach, CA

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