NOT LISTED FOR SALE

940 Emerald Bay Laguna Beach, CA 92651

Emerald Bay Neighborhood

Estimated Value: $6,816,224 - $7,544,000

4 Beds
4 Baths
2,856 Sq Ft
$2,486/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $3,999,000 $1,400 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $42,342/month

200 Days on Market

Highlights

  • White Water Ocean Views
  • Private Pool
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Updated Kitchen
  • Property is near clubhouse

About This Home

As of October 2013

EMERALD BAY - LAGUNA BEACH - Soft contemporary open floor plan design with 4 Bedrooms and 4 Baths with white water and ocean views, ideally and centrally located just a short walk to Emerald Bay's private beach, Swanson Park, Aquatics and Community Centers and all of Emerald Bay's world-class amenities. Recently remodeled with new wood floors and designed for easy every day living with Living - Dining Room with Ocean & White Water Views, Gourmet Chef's Kitchen with top of the line stainless steel appliances that opens up to a separate Family Room, 3 additional Bedroom Suites with 3 Baths located together on the entry and main living level. The Master Suite and Bath is located upstairs with Ocean and White Water Views. A large flat and grassy rear yard that is ideal for all ages.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 07/15/2013

Compass

Last Buyer's Agent

Melane Barney

Compass License #00686236

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • White Water Ocean
  • Catalina
  • Canyon

Interior Spaces

  • 2,856 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Pool
  • Exterior Lighting

Additional Features

  • Property is near clubhouse
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 1092
  • Assessor Parcel Number 05302126

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

HOA Fees

$590 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05302126
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2856.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Open Floorplan, Wired for Sound
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1400.21
  • Room Type: Bonus Room, Family Room, Great Room, Living Room
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Catalina, Canyon, Ocean, Water, White Water
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, In Garage, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 7076.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Close to Clubhouse, Lot 10000-19999 Sqft, Corner Lot
  • Lot Size Sq Ft: 11277.00
  • Lot Size Acres: 0.2590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11277.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 84
  • Tax Tract Number: 1092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2016
Sold by
Vanetten Richard A
Bought by
Vangestel Deanna B and Deanna B Van Gestel Trust
Current Estimated Value
$7,100,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,375,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 21, 2013
Sold by
940 Llc
Bought by
Vangestel Deanna B and Deanna B Van Gestel Trust
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Melane Barney
Compass
List Price
$4,200,000
Sold Price
$3,999,000
Premium/Discount to List
-$201,000
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$2,719,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2007
Sold by
Moss Kenneth R and Moss Melinda
Bought by
940 Llc

Purchase Details

Closed on
Apr 20, 2001
Sold by
Cannon Richard and Cannon Diane
Bought by
Moss Kenneth R and Moss Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,500
Interest Rate
8.03%

Purchase Details

Closed on
Jun 23, 1994
Sold by
Cannon Richard and Cannon Diane
Bought by
Cannon Richard and Cannon Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
8.6%
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
Vangestel Deanna B $1,187,500 North American Title Co Inc
Vangestel Deanna B $3,999,000 Fidelity National Title
940 Llc -- Chicago Title Company
Moss Kenneth R $1,925,000 Orange Coast Title
Cannon Richard -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vangestel Deanna B $2,375,000
Previous Owner Vangestel Deanna B $2,719,500
Previous Owner Moss Kenneth R $1,347,500
Previous Owner Cannon Richard $855,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $3,999,000 -4.8% $1,400 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $4,200,000 0.0% $1,471 / Sq Ft
07/15/2013 07/15/13 Price Changed $4,200,000 +5.0% $1,471 / Sq Ft
03/22/2013 03/22/13 Off Market $3,999,000 -- --
02/01/2013 02/01/13 For Sale $3,950,000 -- $1,383 / 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 $48,841 $4,902,226 $4,631,188 $271,038
2024 $48,841 $4,806,104 $4,540,380 $265,724
2023 $47,722 $4,711,867 $4,451,353 $260,514
2022 $46,827 $4,619,478 $4,364,072 $255,406
2021 $45,930 $4,528,900 $4,278,501 $250,399
2020 $45,456 $4,482,462 $4,234,630 $247,832
2019 $44,677 $4,394,571 $4,151,598 $242,973
2018 $43,809 $4,308,403 $4,070,194 $238,209
2017 $42,951 $4,223,925 $3,990,386 $233,539
2016 $42,144 $4,141,103 $3,912,143 $228,960
2015 $41,521 $4,078,900 $3,853,379 $225,521
2014 $40,733 $3,999,000 $3,777,896 $221,104
Source: Public Records

Agents Affiliated with this Home

  • Harold Noriega

    Seller's Agent in 2013

    Harold Noriega

    Compass

    (949) 400-9905

    16 in this area

    51 Total Sales

    Harold Noriega
    Section Image

  • M

    Buyer's Agent in 2013

    Melane Barney

    Compass

    (949) 464-3200

    5 Total Sales

    Melane Barney
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13014155

California Regional Multiple Listing Service (CRMLS)

APN: 053-021-26

California Orange County Laguna Beach 92651 Emerald Bay

940 Emerald Bay, Laguna Beach, CA

Not Listed for Sale

Detached

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