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243 Emerald Bay

243 Emerald Bay, Laguna Beach, CA 92651
Property in Emerald Bay
Sold Sep 07, 2016
$3,713,000
$2,590,000 by Bank Of The West
Mortgage Due Oct 01, 2046
Sold Apr 19, 2016
$3,199,456
243 Emerald Bay has been categorized by the local assessors in Laguna Beach, CA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 243 Emerald Bay has 3,528 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 9,940 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 243 Emerald Bay was last sold in Aug 2, 2016 for $3,713,000. According to our calculations, that's $1,052.44 per sqft. Prior to that sales transaction, the property was sold for $3,199,456 in Apr 13, 2016. Current property owners are expected to pay $50,409 in taxes per year. The property on 243 Emerald Bay was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,984,279. To break that down further, the land itself was valued at $3,960,878. While improvements to the property were assessed at a total of $1,023,401. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,940
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,528
  • Gross Building Area: 2,756
  • Building Area: 3,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 977 BLK LOT 23

Ownership

  • Current Owner : BOCK DAVID
  • Current Owner 2: BOCK KARIN
  • Previous Owner : CIT BANK NA
  • Owner Before Previous Owner: CORLETT BRYAN C
  • Owner Before Previous Owner 2: CORLETT NADIA M
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062656

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 977
  • Parcel: 053-073-16
  • Lot: 23
  • Latitude: 33.5532
  • Longitude: -117.807

    Address

  • Full Address: 243 Emerald Bay
  • Address - House Number: 243
  • Address - Street Name: Emerald Bay
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 1210
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $50,409
  • Tax Rate Code Area: 66-028

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 5,261,739
  • High Value: 6,291,923
  • Low Value: 4,231,555

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,690,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Sep 07, 2016
  • First Open Lien Mortgage Loan Amount: $2,590,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Dec 13, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $1,100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,984,279
  • Assessed Land Value: $3,960,878
  • Assessed Improvements Value: $1,023,401

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Transaction ID: 1758365991
  • Current Sale Price: $3,713,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016000429088
  • Previous Sale Recording Date: Apr 19, 2016
  • Previous Sale Contract Date: Apr 13, 2016
  • Previous Sale Amount: $3,199,456
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Sep 07, 2016
  • First Mortgage Loan Amount: $2,590,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Emerald Bay



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Frequently Asked Questions

What neighborhood is 243 Emerald Bay located in?
The 243 Emerald Bay is a located in the neighborhood of Emerald Bay in Emerald Bay, Laguna Beach.
What is the average sales price for listings in 243 Emerald Bay?
The average sales price for units in 243 Emerald Bay is $0 currently.

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