NOT LISTED FOR SALE

Estimated Value: $7,481,418 - $8,538,000

5 Beds
4.5 Baths
4,558 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $6,000,000 $1,316 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $47,774/month

126 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Home Theater
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Heated Spa

About This Home

As of September 2021

Ocean and canyon views! Don't miss this outstanding opportunity to own property in one of the most desirable communities in the world! This contemporary, elegant home is one of a kind, and features some of the most dramatic views including ocean, Catalina, city lights and canyons from almost every room in the house. Recently remodeled, this spacious home offers 5 bedrooms and 4 1/2 baths on two levels and is located on an 11,000 square foot hillside lot at the end of a quiet cul-de-sac.
Entertain year round in a home that offers a spacious ocean view balcony, a custom dining room with contemporary skylights and a family room with unobstructed ocean views. Several patios offer a variety of outdoor spaces in which to enjoy outdoor dining and are surrounded by lush green slopes that provide complete privacy. Emerald Bay residents enjoy a pristine, private sandy beach, six tennis courts, professional beach volleyball courts, a swim center, half basketball court, activities and events for all ages, community parks, and 24-hour guard gate and security.

Last Agent to Sell the Property

Janet Mitchell

Compass License #01035607 Listed on: 03/12/2021

Compass

Last Buyer's Agent

Janet Mitchell

Compass License #01035607 Listed on: 03/12/2021

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Custom Home
  • Modern Architecture
  • Mediterranean Architecture
  • Planned Development

Interior Spaces

  • 4,558 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Game Room with Fireplace
  • Sauna
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer
  • Laundry Chute

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Rain Gutters

Additional Features

  • More Than Two Accessible Exits
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308101

Community Details

Overview

  • Emerald Bay Association, Phone Number (949) 494-1271
  • Emerald Bay Homeowners Association
  • Emerald Bay Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Dog Park

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0.27 Acres

HOA Fees

$670 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Fire and Smoke Detection System, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308101
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4558.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Game Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1316.37
  • Room Type: Entry, Exercise Room, Family Room, Foyer, Game Room, Great Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Sauna, Separate Family Room, Walk-In Closet
  • Spa Features: Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, Catalina, City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer
  • Heating Type: Zoned
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Laundry Chute, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 670.00
  • Association Fee Frequency: Monthly
  • Association Name: Emerald Bay
  • Phone: (949) 494-1271
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Dog Park, Gutters, Park
  • Association Management: Emerald Bay Homeowners Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 11700.00
  • Lot Size Acres: 0.2686

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11700.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 22
  • Tax Tract Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jul 22, 2021
Sold by
Ellis Family Trust and Ellis Don R
Bought by
Vuylsteke Family Trust and Vuylsteke
Seller's Agent
Janet Mitchell
Compass
Buyer's Agent
Janet Mitchell
Compass
List Price
$6,795,000
Sold Price
$6,000,000
Premium/Discount to List
-$795,000
-11.7%
Current Estimated Value
$8,155,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,155,986
Avg. Annual Appreciation
6.57%
Original Mortgage
$250,000
Outstanding Balance
$184,372
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$7,815,733

Purchase Details

Closed on
Aug 3, 2007
Sold by
Ellis Don R and Ellis Judith L
Bought by
Ellis Don R and Ellis Judith L

Purchase Details

Closed on
Aug 4, 1999
Sold by
Zusman Douglas R and Zusman Dana L
Bought by
Ellis Donald R and Ellis Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.97%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Vuylsteke Family Trust $5,820,000 Equity Title
Ellis Don R -- None Available
Ellis Don R -- None Available
Ellis Donald R $1,725,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuylsteke Family Trust $250,000
Previous Owner Ellis Donald R $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $6,000,000 -11.7% $1,316 / Sq Ft
03/12/2021 03/12/21 For Sale $6,795,000 -- $1,491 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $61,560 $6,179,413 $5,220,865 $958,548
2024 $61,560 $6,058,249 $5,118,496 $939,753
2023 $60,118 $5,936,400 $5,018,133 $918,267
2022 $58,991 $5,820,000 $4,919,738 $900,262
2021 $12,323 $1,220,542 $968,839 $251,703
2020 $12,195 $1,208,027 $958,904 $249,123
2019 $11,985 $1,184,341 $940,102 $244,239
2018 $11,751 $1,161,119 $921,669 $239,450
2017 $11,519 $1,138,352 $903,597 $234,755
2016 $11,301 $1,116,032 $885,880 $230,152
2015 $11,133 $1,099,269 $872,574 $226,695
2014 $10,920 $1,077,736 $855,481 $222,255
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21051513

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-01

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