NOT LISTED FOR SALE

Estimated Value: $8,787,336

6 Beds
4.5 Baths
5,426 Sq Ft
$1,619/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2014

Last sale price $6,386,250 $1,177 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $56,223 / mo

237 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • In Ground Pool
  • Custom Home

About This Home

As of October 2014

EMERALD BAY - Brand new soft contemporary designed Emerald Bay home with breathtaking white water, panoramic, city lights and Catalina sunset views. One of the rare hillside Emerald Bay homes where almost every room has incredible ocean views. Major remodel just completed and in move-in condition with numerous upgrades including new gourmet kitchen with top of the line commercial stainless steel appliances plus a sizable walk in pantry. A new master suite with sitting area, large walk in closet, new master bath with his / hers vanities, walk in shower and spa tub. A total of 6 bedrooms, 4.5 bathrooms with formal living room, dining room and office area. A large family room with an every day breakfast and dining area that is adjacent to the kitchen all with incredible views that open up to an outside terrace. The bedroom level is located upstairs and is comprised of the separate master suite with three additional bedrooms and a private rear grassy yard. The lower living level contains the laundry room, bedrooms 5 and 6 which are ideal for guests, live-in help, a home gymnasium or a caretaker's quarters. An elevator has been incorporated to conveniently access all interior levels. Completing the property is an oversized and finished three-car wide garage.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 02/07/2014

Compass

Last Buyer's Agent

Harold Noriega

Compass License #01494239 Listed on: 02/07/2014

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a private road
  • Block Wall Fence

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Fire Retardant Roof
  • Stucco

Interior Spaces

  • 5,426 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Skylights
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Bonus Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Self-Cleaning Convection Oven
  • Six Burner Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Hot Water Circulator

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308103

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1998 | Remodeled

Lot Details

6,970 Sq Ft Lot

HOA Fees

$590 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built, Contemporary, Modern
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308103
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5426.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Wired for Data, Elevator, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Bonus Room, Family Room, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1176.97
  • Room Type: Bonus Room, Entry, Family Room, Great Room, Living Room, Master Bedroom, Master Suite
  • Spa Features: Association, In Ground
  • Window Features: Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Fire Retardant
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Garage Door Opener, Permit Required, Private, Garage - Three Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Double Oven, Dishwasher, Disposal, Hot Water Circulator, Range Hood, Refrigerator, Self Cleaning Oven
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Banquet Facilities, Controlled Access, Dues Paid Annually, Fire Pit, Guard, Meeting Room, Management, Outdoor Cooking Area, Pet Rules, Picnic Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 7078.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 1108

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
Feb 7, 2014
Closed on
Oct 2, 2014
Sold by
Bought by
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Harold Noriega
Compass
List Price
$7,500,000
Sold Price
$6,386,250
Premium/Discount to List
-$1,113,750
-14.85%
Current Estimated Value
$8,787,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,401,086
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bought by

Purchase Details

Closed on
May 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2003
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
$1,860,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1998
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
$1,950,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 20, 1998
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
$2,904,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$6,386,500 Chicago Title Company
$5,314,000 Stewart Title
-- California Title Company
-- California Title Company
-- California Title Company
-- Accommodation
-- Accommodation
-- Chicago Title Co
-- --
-- --
-- --
-- --
-- --
-- --
-- --
$3,000,000 First American Title Ins Co
$1,654,000 First American Title Ins Co
-- First American Title
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
Previous Owner $3,000,000
Previous Owner $1,860,000
Previous Owner $1,950,000
Previous Owner $2,904,000
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
10/21/2014 10/21/14 Sold $6,386,250 -8.1% $1,177 / Sq Ft
04/30/2014 04/30/14 Price Changed $6,950,000 -7.3% $1,281 / Sq Ft
02/07/2014 02/07/14 For Sale $7,500,000 -- $1,382 / 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 $88,018 $7,779,486 $6,145,794 $1,633,692
2024 $88,018 $8,670,000 $6,888,160 $1,781,840
2023 $5,206 $519,081 $390,751 $128,330
2022 $5,107 $508,903 $383,089 $125,814
2021 $5,008 $498,925 $375,577 $123,348
2020 $4,956 $493,810 $371,726 $122,084
2019 $4,870 $484,128 $364,437 $119,691
2018 $4,774 $474,636 $357,291 $117,345
2017 $4,679 $465,330 $350,285 $115,045
2016 $4,590 $456,206 $343,416 $112,790
2015 $4,520 $449,354 $338,258 $111,096
2014 $56,985 $5,595,341 $4,166,522 $1,428,819
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14027854

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-03

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