Seller's Agent in 2018
Maura Short
Compass
(949) 478-7703
13 in this area
25 Total Sales
62 Emerald Bay Laguna Beach, CA 92651
Emerald Bay NeighborhoodEstimated Value: $7,321,000 - $8,856,000
3
Beds
3.5
Baths
3,800
Sq Ft
$2,182/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Fireplace in Primary Bedroom
- El Morro Elementary School Rated A+
- Primary Bedroom Suite
- Community Pool
About This Home
As of December 2018Location, location, location. Just steps to Emerald Bay’s south end beach, this spectacular ocean view residence offers a warm and serene coastal setting while taking in the spectacular sounds and sites of the crashing waves. This traditional 3 bedroom and 3.5 bath home has high ceilings with a highly desirable and functional layout. The thoughtfully arranged indoor and outdoor spaces provide spectacular views and areas of privacy. Enjoy Emerald Bay's amenities: Community swimming pool, spa, 6 championship tennis courts, 3 championship volleyball courts, concert events and programs for adults and children alike. Come see this one yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,061
Year Built
- Built in 1989
Lot Details
- 4,071 Sq Ft Lot
- Property fronts a private road
- Density is up to 1 Unit/Acre
HOA Fees
- $648 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room
- Den
- Workshop
- Ocean Views
- Built-In Range
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Outdoor Features
- Rain Gutters
Schools
- El Morro Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Forced Air Heating System
- Sewer Paid
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 940
- Assessor Parcel Number 05306018
Community Details
Overview
- Emerald Bay Community Association, Phone Number (949) 494-8571
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Picnic Area
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Community Spa
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2018
Closed on
Dec 5, 2018
Sold by
Moinfar Andrea
Bought by
Moinfar Mike and Moinfar Revocable Living Trust
Seller's Agent
Maura Short
Compass
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$7,900,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,150,000
-14.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,539,979
Avg. Annual Appreciation
2.56%
Original Mortgage
$452,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 21, 2018
Closed on
Nov 7, 2018
Sold by
Monthershead J Leland and Monthershead Therese P
Bought by
Moinfar Mike
Seller's Agent
Maura Short
Compass
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$7,900,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,150,000
-14.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 9, 2000
Sold by
Lewis Jennings Martha
Bought by
Mothershead J Leland and Mothershead Therese P
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
7.56%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moinfar Mike | -- | Chicago Title Co | |
| Moinfar Mike | $6,581,500 | Chicago Title Co | |
| Mothershead J Leland | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moinfar Revocable Living Trust | $1,500,000 | |
| Open | Moinfar Mike | $4,541,000 | |
| Closed | Moinfar Mike | $4,541,000 | |
| Closed | Moinfar Mike | $452,500 | |
| Previous Owner | Mothershead J Leland | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2018 12/10/18 | Sold | $6,750,000 | -14.6% | $1,776 / Sq Ft |
| 10/20/2018 10/20/18 | Pending | -- | -- | -- |
| 10/17/2018 10/17/18 | For Sale | $7,900,000 | +17.0% | $2,079 / Sq Ft |
| 10/17/2018 10/17/18 | Off Market | $6,750,000 | -- | -- |
| 09/02/2018 09/02/18 | Price Changed | $7,900,000 | -9.7% | $2,079 / Sq Ft |
| 08/09/2018 08/09/18 | Price Changed | $8,750,000 | -3.8% | $2,303 / Sq Ft |
| 07/05/2018 07/05/18 | Price Changed | $9,100,000 | -9.0% | $2,395 / Sq Ft |
| 04/21/2018 04/21/18 | For Sale | $9,999,000 | -- | $2,631 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $73,061 | $7,197,557 | $6,760,101 | $437,456 |
| 2023 | $71,386 | $7,056,429 | $6,627,550 | $428,879 |
| 2022 | $70,045 | $6,918,068 | $6,497,598 | $420,470 |
| 2021 | $68,702 | $6,782,420 | $6,370,194 | $412,226 |
| 2020 | $68,064 | $6,712,875 | $6,304,875 | $408,000 |
| 2019 | $66,897 | $6,581,250 | $6,452,785 | $128,465 |
| 2018 | $52,877 | $5,200,619 | $5,052,731 | $147,888 |
| 2017 | $51,841 | $5,098,647 | $4,953,658 | $144,989 |
| 2016 | $50,867 | $4,998,674 | $4,856,527 | $142,147 |
| 2015 | $50,115 | $4,923,590 | $4,783,578 | $140,012 |
| 2014 | $49,164 | $4,827,144 | $4,689,874 | $137,270 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2018
Brent Chang
COMPASS
(626) 487-8100
50 Total Sales
-
Buyer's Agent in 2018
Paul Daftarian
Luxe Real Estate
(714) 865-5969
249 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG18054434
APN: 053-060-18
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