NOT LISTED FOR SALE

Estimated Value: $8,713,000 - $12,214,835

4 Beds
5.5 Baths
6,000 Sq Ft
$1,707/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $7,920,000 $1,320 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $62,096/month

99 Days on Market

Highlights

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

About This Home

As of May 2016

EMERALD BAY – LAGUNA BEACH – One of the most incredible view properties in all of Emerald Bay. Recently updated contemporary designed Emerald Bay home with many custom features and amenities that offers unprecedented views of Emerald Bay plus white water and expansive views of the Laguna coastline to the south and views to the Palos Verdes Peninsula to the north. 4 Bedrooms, 5.5 Baths, contemporary home designed with expansive ocean views from almost every room. Notable features include: Main living level open floor plan with custom metal doors and floor to ceiling glass windows, private entry - front courtyard, formal sunken living room, commercial grade chef's kitchen with stainless steel appliances, counter tops and backsplash, family room and dining area which open to a breathtaking view and lounge terrace. Separate private working office with fireplace. Large Master Suite with Master Bath that has an oversized walk-in shower with separate glass enclosed steam room strikingly appointed with the use of Calacatta marble. Large Bonus/Entertainment/Game room with wet bar that opens to a generous exterior rear yard with infinity views of Emerald Bay. Separate home theater with Sonos sound system.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 01/22/2015

Compass

Co-Listed By

Sommer Killian

Pacific Sotheby’s International Realty License #01076343

Last Buyer's Agent

Harold Noriega

Compass License #01494239 Listed on: 01/22/2015

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,389

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a private road
  • Fenced
  • Stucco Fence

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • 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
  • Copper Roof
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • Recessed Lighting
  • Window Screens
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Family or Dining Combination
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Utility Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

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

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Exercise
  • In Ground Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308110

Community Details

Amenities

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

Recreation

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

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,389

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$589 per month

Parking

2

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: 05308110
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6000.00
  • Interior Amenities: Bar, Built-in Features, Coffered Ceiling(s), Wired for Data, Elevator, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, Sunken Living Room, Vacuum Central, Wet Bar
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Library, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1320.00
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Formal Entry, Great Room, Library, Living Room, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room, Office, Home Theatre, Utility Room
  • Spa Features: Association, In Ground
  • Window Features: Screens

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Deck, Stone
  • Pool Features: Association, Community, Exercise Pool, In Ground
  • Pool Private: Yes
  • Roof: Copper, Fire Retardant
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage Door Opener, Permit Required, Private, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Hot Water Circulator, Range Hood, Microwave, Refrigerator, Warming Drawer
  • 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, Controlled Access, Dues Paid Annually, Fire Pit, Meeting Room, Outdoor Cooking Area, Picnic Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 7072.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 1212.12
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Post Mark D and Post Michelle
Bought by
Eb Llc
Current Estimated Value
$10,243,945

Purchase Details

Listed on
Jan 22, 2015
Closed on
May 23, 2016
Sold by
Wilson Peter
Bought by
Resort Services Group Llc
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Harold Noriega
Compass
List Price
$8,350,000
Sold Price
$7,920,000
Premium/Discount to List
-$430,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$6,336,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2012
Sold by
Keros Mariana
Bought by
Wilson Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2012
Sold by
Keros Nicholas
Bought by
Keros Mariana and Green Meadows Land Trust

Purchase Details

Closed on
Apr 1, 2011
Sold by
Keros Vicki Lynn
Bought by
Keros Nicholas

Purchase Details

Closed on
Aug 28, 2007
Sold by
Keros Vicki Lynn
Bought by
Keros Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2007
Sold by
Cadigan Patrick F
Bought by
Keros Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Cadigan Tandra
Bought by
Cadigan Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Burkitt Francis J and Burkitt Susan K
Bought by
Cadigan Patrick F and The Cadigan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Burkitt Francis Joseph and Burkitt Susan Kelly
Bought by
Burkitt Francis J and Burkitt Susan K

Purchase Details

Closed on
Aug 11, 1997
Sold by
Schneider Bernard and Schneider Janet Keller
Bought by
Burkitt Francis Joseph and Burkitt Susan Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
7.26%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 1996
Sold by
Schneider Bernard E
Bought by
Schneider Bernard and Schneider Janet Keller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 30, 1996
Sold by
Schneider Janet Keller
Bought by
Schneider Bernard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Eb Llc -- Accommodation
Post Mark D -- Accommodation
Resort Services Group Llc $7,920,000 Chicago Title Company
Wilson Peter -- First American Title Company
Keros Mariana -- None Available
Keros Nicholas -- None Available
Keros Nicholas -- Southland Title Corporation
Keros Nicholas -- None Available
Cadigan Patrick -- Stewart Title
Cadigan Patrick F -- Stewart Title
Burkitt Francis J -- --
Burkitt Francis Joseph $865,000 First American Title Ins Co
Schneider Bernard -- First American Title Ins Co
Schneider Bernard E -- First American Title Co
Schneider Bernard E $736,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resort Services Group Llc $6,336,000
Previous Owner Wilson Peter $500,000
Previous Owner Keros Nicholas $4,200,000
Previous Owner Cadigan Patrick F $4,000,000
Previous Owner Burkitt Francis Joseph $1,850,000
Previous Owner Schneider Bernard E $536,000
Closed Cadigan Patrick F $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $7,920,000 -5.1% $1,320 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $8,350,000 -- $1,392 / 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 $93,389 $9,375,675 $6,432,133 $2,943,542
2024 $93,389 $9,191,839 $6,306,013 $2,885,826
2023 $91,249 $9,011,607 $6,182,365 $2,829,242
2022 $89,538 $8,834,909 $6,061,142 $2,773,767
2021 $87,823 $8,661,676 $5,942,296 $2,719,380
2020 $86,917 $8,572,862 $5,881,365 $2,691,497
2019 $85,427 $8,404,767 $5,766,044 $2,638,723
2018 $83,768 $8,239,968 $5,652,984 $2,586,984
2017 $82,127 $8,078,400 $5,542,141 $2,536,259
2016 $61,392 $6,033,368 $3,600,859 $2,432,509
2015 $60,485 $5,942,742 $3,546,771 $2,395,971
2014 $59,337 $5,826,332 $3,477,294 $2,349,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15015254

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-10