NOT LISTED FOR SALE

Estimated Value: $5,694,000 - $10,576,515

3 Beds
2 Baths
1,664 Sq Ft
$4,923/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $7,000,000 $4,207 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $51,077/month

124 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Ocean Side of Highway 1
  • El Morro Elementary School Rated A+
  • Spa
  • Deck

About This Home

As of August 2018

First time on the sale market since the house was built in the early 1960s! Incredible Emerald Bay location as you will see in the accompanying photos. The beach house has been updated and features 3 bedrooms with 2 baths. The property can also be considered as a new home site! Only a handful of properties like 53 Emerald Bay have such a special beachside location to the fabulous Emerald Bay beach. Views! Views! Views! Location! Location! Location!

The Emerald Bay community has a private beach and many tree lined parks, the Al Simmons pool center, six championship tennis courts, 24-hour security and more! The community of Emerald Bay offers a luxurious living experience unlike any other....53 Emerald Bay!

Last Agent to Sell the Property

William Dolby

Pacific Sotheby’s International Realty License #01005904 Listed on: 01/28/2018

Pacific Sotheby’s International Realty

Last Buyer's Agent

William Dolby

Pacific Sotheby’s International Realty License #01005904 Listed on: 01/28/2018

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 2,750

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Bluff

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Family or Dining Combination

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Additional Features

  • 2,750 Sq Ft Lot
  • Property is near park
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 976
  • Assessor Parcel Number 05306014

Community Details

Overview

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

Recreation

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

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

HOA Fees

$803 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05306014
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1664.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4206.73
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Bluff, Catalina, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Sport Court, Dues Paid Annually, Guard, Security, Controlled Access
  • Association Fee: 9635.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 949-494-8571
  • Senior Community: No
  • Community Features: Street Lights

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: Park Nearby
  • Lot Size Sq Ft: 2750.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1, Waterfront With Home Across Road

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 1
  • Tax Tract Number: 976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
Jun 7, 2018
Sold by
Hcg Emerald Bay Llc
Bought by
Bennett Paul F
Seller's Agent
William Dolby
Pacific Sotheby’s International Realty
Buyer's Agent
William Dolby
Pacific Sotheby’s International Realty
List Price
$8,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,995,000
-22.18%
Current Estimated Value
$8,191,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,129
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Aikenhead David S
Bought by
Hcg Emerald Bay Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bennett Paul F $7,000,000 Chicago Title Co
Hcg Emerald Bay Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $7,000,000 -9.1% $4,207 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $7,700,000 -3.1% $4,627 / Sq Ft
05/02/2018 05/02/18 Price Changed $7,950,000 -6.4% $4,778 / Sq Ft
04/02/2018 04/02/18 Price Changed $8,495,000 -5.6% $5,105 / Sq Ft
01/28/2018 01/28/18 For Sale $8,995,000 0.0% $5,406 / Sq Ft
04/07/2016 04/07/16 Rented $10,500 -10.6% --
02/21/2016 02/21/16 For Rent $11,750 +27.7% --
02/02/2014 02/02/14 Rented $9,200 -9.8% --
02/02/2014 02/02/14 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $10,200 +2.0% --
04/01/2013 04/01/13 Rented $10,000 -33.3% --
02/23/2013 02/23/13 Under Contract -- -- --
10/08/2011 10/08/11 For Rent $15,000 -- --
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 $94,386 $9,475,789 $7,759,265 $1,716,524
2024 $94,386 $9,289,990 $7,607,123 $1,682,867
2023 $91,896 $9,075,484 $7,457,964 $1,617,520
2022 $90,494 $8,929,250 $7,311,730 $1,617,520
2021 $76,733 $7,567,687 $7,168,363 $399,324
2020 $70,933 $6,995,886 $6,995,886 $0
2019 $71,152 $7,000,000 $6,858,712 $141,288
2018 $7,612 $746,884 $616,292 $130,592
2017 $7,463 $732,240 $604,208 $128,032
2016 $7,323 $717,883 $592,361 $125,522
2015 $7,214 $707,100 $583,463 $123,637
2014 $7,077 $693,249 $572,033 $121,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18021138

California Regional Multiple Listing Service (CRMLS)

APN: 053-060-14