NOT LISTED FOR SALE

Estimated Value: $8,887,000 - $9,301,000

4 Beds
5.5 Baths
4,985 Sq Ft
$1,818/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $6,200,000 $1,244 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $54,178/month

11 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Home Theater
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Private Pool

About This Home

As of April 2016

Luxurious Beach Home steps from the the private white sand beach, Oceanside of Emerald Bay Community. 3 levels of ocean views through the disappearing racking doors/windows. This private community offers 24 hour guard gated security, park, beach, tennis courts and swimming pool. This sophisticated residence features a romantic top floor Master Suite with sitting area & fireplace opening onto the private deck to watch gorgeous sunsets over Catalina Island....full view from the living room too....giant carved stone fireplaces, limestone floors, formal candle light dining room. Lower level has a 3 car garage, fully equipped family room and private infinity edge spa with a fireball feature. 4 th bedroom currently being used as a huge walk in closet. Furnishings & Flat screen TVs are available for purchase but not included in list price.

Last Agent to Sell the Property

Allison O'Neil

Compass License #00893762 Listed on: 02/29/2016

Compass

Last Buyer's Agent

Andre White

Pacific Sotheby's Int'l Realty License #01873658

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,393

Year Built

  • Built in 2003

Lot Details

  • 3,886 Sq Ft Lot
  • Irregular Lot

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Shared Driveway

Property Views

  • Ocean
  • Catalina
  • Park or Greenbelt

Home Design

  • Custom Home
  • Entry on the 2nd floor
  • Tile Roof

Interior Spaces

  • 4,985 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wood Frame Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 77
  • Tax Tract Number 940
  • Assessor Parcel Number 05306091

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,393

Year Built

Built in 2003

Lot Details

0

HOA Fees

$683 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05306091
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4985.00
  • Interior Amenities: 2 Staircases, Balcony, Living Room Deck Attached, Open Floorplan
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1243.73
  • Room Type: Converted Bedroom, Family Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Home Theatre
  • Spa Features: Private
  • Window Features: Wood Frames
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Park/Greenbelt
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, In Garage, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Pool, Tennis Court(s)
  • Association Fee: 8200.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 949-494-8571
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 3886.00
  • Price Per Lot Square Foot: 1595.47
  • Lot Size Acres: 0.0890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3886.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 77
  • Tax Tract Number: 940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 19, 2016
Sold by
Petersen Mary
Bought by
Baycrest 50 Llc
Seller's Agent
Allison O'Neil
Compass
Buyer's Agent
Andre White
Pacific Sotheby's Int'l Realty
List Price
$6,295,000
Sold Price
$6,200,000
Premium/Discount to List
-$95,000
-1.51%
Current Estimated Value
$9,064,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,864,701
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Feb 20, 2015
Sold by
Petersen Mary
Bought by
Petersen Mary and Mary Petersen Family Trust

Purchase Details

Closed on
Jun 9, 2004
Sold by
Wosskow Lawrence Brian and Wosskow Julie Ann
Bought by
Petersen Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Mccullough Michael B and Mccullough Christy C
Bought by
Wosskow Lawrence Brian and Wosskow Julie Ann

Purchase Details

Closed on
Feb 19, 2003
Sold by
Coast Pacific Asset Management Inc
Bought by
Mccullough Michael B and Mccullough Christy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
4.43%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Boehringer William E
Bought by
Coast Pacific Asset Management Inc

Purchase Details

Closed on
Apr 23, 1998
Sold by
Schafer Donald W and Schafer Viola A
Bought by
Boehringer Ii William E

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
4.35%
Source: Public Records

Range of Values:

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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
Baycrest 50 Llc $6,200,000 None Available
Petersen Mary -- None Available
Petersen Mary $6,400,000 Equity Title Company
Wosskow Lawrence Brian $5,200,000 Southland Title Corporation
Mccullough Michael B $4,575,000 First American Title Co
Coast Pacific Asset Management Inc -- First American Title Ins Co
Boehringer Ii William E $1,610,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baycrest 50 Llc $2,000,000
Closed Baycrest 50 Llc $1,000,000
Closed Baycrest 50 Llc $1,800,000
Closed Baycrest 50 Llc $7,150,000
Closed Baycrest 50 Llc $500,000
Closed Baycrest 50 Llc $1,000,000
Closed Baycrest 50 Llc $1,000,000
Closed Baycrest 50 Llc $1,500,000
Closed Baycrest 50 Llc $1,000,000
Closed Baycrest 50 Llc $2,650,000
Previous Owner Petersen Mary $3,187,506
Previous Owner Petersen Mary $3,200,000
Previous Owner Mccullough Michael B $2,925,000
Previous Owner Boehringer Ii William E $134,975
Previous Owner Boehringer Ii William E $1,500,000
Previous Owner Boehringer Ii William E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $6,200,000 -1.5% $1,244 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $6,295,000 -- $1,263 / 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 $62,393 $6,248,720 $5,528,663 $720,057
2024 $62,393 $6,140,315 $5,420,258 $720,057
2023 $71,437 $7,054,540 $5,313,979 $1,740,561
2022 $70,098 $6,916,216 $5,209,783 $1,706,433
2021 $68,755 $6,780,604 $5,107,630 $1,672,974
2020 $68,046 $6,711,078 $5,055,258 $1,655,820
2019 $66,879 $6,579,489 $4,956,136 $1,623,353
2018 $65,580 $6,450,480 $4,858,957 $1,591,523
2017 $64,295 $6,324,000 $4,763,683 $1,560,317
2016 $74,283 $7,300,628 $5,924,484 $1,376,144
2015 $73,185 $7,190,966 $5,835,492 $1,355,474
2014 $73,230 $7,190,966 $5,835,492 $1,355,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16042068

California Regional Multiple Listing Service (CRMLS)

APN: 053-060-91