NOT LISTED FOR SALE

Estimated Value: $4,237,000 - $10,388,216

2 Beds
2 Baths
1,178 Sq Ft
$6,642/Sq Ft Est. Value

Last Sold February 10, 2013

Last sale price $2,100,000 $1,783 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $44,910/month

44 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Clubhouse
  • El Morro Elementary School Rated A+
  • Canyon View
  • Tennis Courts

About This Home

As of February 2013

Unbelievable opportunity at a blow-out price! Ocean side of Emerald Bay, only steps from Main Beach, priced under $2,000,000! Charming 2-bedroom cottage ready for your creative remodeling touch. Generous size lot includes approved plans for a 3,577 sf contemporary, 4-bedroom home with a pool. Located in one of California's premier private communities. Walk to beach, tennis courts, park, and swim complex. Almost certainly will not be another property in Emerald Bay priced this low.

Last Agent to Sell the Property

Derik Brian

Derik Brian, Inc. License #01192329 Listed on: 11/26/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,393

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Property Views

  • Canyon
  • Hills

Home Design

  • Bungalow
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,178 Sq Ft Home
  • Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Sewer Paid

Additional Features

  • Private Pool
  • 6,393 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1076
  • Assessor Parcel Number 05305020

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (949) 494-8571
  • Cottage
  • Greenbelt

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

6,393 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Emerald Bay
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05305020
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1178.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 1782.68

Exterior Features

  • Patio: No
  • View: Canyon, Hills
  • Fence: No
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse Paid, Pool, Sport Court, Tennis Court(s)
  • Association Fee: 650.00
  • Phone: 949-494-8571
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 6393.00
  • Lot Size Acres: 0.1470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6393.0000 Square Feet

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 1076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
Jan 15, 2013
Sold by
Kamgar Fred and Kamgar Moira
Bought by
Westcott Kevin A and Westcott Brook A
Seller's Agent
Derik Brian
Derik Brian, Inc.
List Price
$1,999,000
Sold Price
$2,100,000
Premium/Discount to List
$101,000
5.05%
Current Estimated Value
$7,823,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,723,739
Avg. Annual Appreciation
10.63%
Original Mortgage
$2,660,000
Outstanding Balance
$1,848,639
Interest Rate
3.36%
Mortgage Type
Construction
Estimated Equity
$5,975,100

Purchase Details

Closed on
Jun 3, 2010
Sold by
Donenfeld Michael Z and Donenfeld Tracy L
Bought by
Kamgar Fred and Kamgar Moira

Purchase Details

Closed on
May 30, 2007
Sold by
Donenfeld Michael Z
Bought by
Donenfeld Michael Z and Donenfeld Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Donenfeld Michael Z and Donenfeld Tracy L
Bought by
Donenfeld Michael Z and The Michael Z Donenfeld Trust

Purchase Details

Closed on
Apr 12, 2005
Sold by
Brunie Jean K
Bought by
Donenfeld Michael Z and Donenfeld Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,257,500
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
Jones Barbara B
Bought by
Jones Wayne P and Jones Barbara B

Purchase Details

Closed on
Feb 21, 2003
Sold by
Brunie Jean K
Bought by
Brunie Jean K and The William H Brunie Exemption Trust

Purchase Details

Closed on
Apr 11, 1995
Sold by
Brunie William H
Bought by
Brunie William H and Brunie Jean K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Westcott Kevin A $2,100,000 Ticor Title
Kamgar Fred $2,000,000 Stewart Title
Donenfeld Michael Z -- American Coast Title Company
Donenfeld Michael Z -- Accommodation
Donenfeld Michael Z $3,225,000 California Title
Jones Wayne P -- --
Jones Barbara B -- --
Brunie Jean K -- --
Brunie William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westcott Kevin A $2,660,000
Previous Owner Donenfeld Michael Z $2,240,000
Previous Owner Donenfeld Michael Z $2,257,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2013 02/10/13 Sold $2,100,000 +5.1% $1,783 / Sq Ft
11/26/2012 11/26/12 For Sale $1,999,000 -- $1,697 / 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 $55,266 $5,554,521 $2,994,755 $2,559,766
2024 $55,266 $5,445,609 $2,936,034 $2,509,575
2023 $53,998 $5,338,833 $2,878,465 $2,460,368
2022 $52,984 $5,234,150 $2,822,024 $2,412,126
2021 $51,967 $5,131,520 $2,766,690 $2,364,830
2020 $51,431 $5,078,903 $2,738,321 $2,340,582
2019 $50,548 $4,979,317 $2,684,628 $2,294,689
2018 $49,565 $4,881,684 $2,631,988 $2,249,696
2017 $44,698 $4,395,859 $2,580,380 $1,815,479
2016 $36,579 $3,594,046 $2,529,785 $1,064,261
2015 $21,113 $2,073,170 $2,073,170 $0
2014 $21,496 $2,109,534 $2,032,560 $76,974
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L40208

California Regional Multiple Listing Service (CRMLS)

APN: 053-050-20

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