NOT LISTED FOR SALE

Estimated Value: $828,146 - $958,000

2 Beds
2 Baths
1,130 Sq Ft
$447/mo HOA Fee

Last Sold November 15, 2017

Last sale price $502,000 $444 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,629/month

197 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • Spa
  • Clubhouse

About This Home

As of November 2017

Experience resort style living in the desirable community of Monarch Hills, located within the guard gated Ritz Pointe. Pride of ownership is shown throughout this nicely upgraded, ground level condo. Chef-inspired kitchen features custom warm cherry cabinetry with granite counters, custom glass upper cabinet doors, stainless steel appliances, kitchen island and upgraded lighting. Bathrooms have been updated with cherry cabinetry, granite countertops, new shower doors and tile. Home features 2 nice size bedrooms with walk-in closets. This special home has been beautifully finished with crown moldings, 5 in. baseboards, new windows, sliders and doors, updated lighting fixtures, wood and tile flooring, wine cooler, fireplace logs and area rugs. Monarch Hills residents enjoy 24 hour guard gate security & privacy as well as a private Clubhouse featuring game room, library, stunning banquet/party room, fitness center, 2 pools, & 3 spas (one is ocean view). Plus walk to renown Salt Creek Beach via the trail accessed directly in the community. Close to the beach, shops and restaurants.

Last Agent to Sell the Property

Scott Lytle

Compass License #01405495 Listed on: 03/31/2017

Compass

Last Buyer's Agent

Catrina Crawford

Inhabit Collective License #01999762

Inhabit Collective

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • End Unit
  • Two or More Common Walls
  • Landscaped
  • Sprinkler System

HOA Fees

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,130 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Malcom Elementary School
  • Dana Hills High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936401

Community Details

Overview

  • 325 Units
  • Monarch Hills Association, Phone Number (949) 838-3202
  • Action Corniche Master Association, Phone Number (949) 450-0202
  • Built by Regis Community
  • Monarch Hills Condos Subdivision, Mariposa Floorplan

Amenities

  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, washer & dryer, kitchen island, wine cooler, firplace logs
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936401
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Deck Attached
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 444.25
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Granite Counters

Exterior Features

  • Patio: Yes
  • Builder Name: Regis Community
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Free-Standing Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Action- Corniche Master
  • Amenities: Pool, Spa/Hot Tub, Biking Trails, Gym/Ex Room, Clubhouse, Banquet Facilities, Recreation Room, Trash, Pet Rules, Pets Permitted, Security, Controlled Access
  • Association Fee: 362.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills
  • Phone: 949 838-3202
  • Association Phone #2: 949 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights

Schools

  • Elementary School: Malcom
  • High School: Dana Hills
  • Elementary School #2: MALCOM
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Near Public Transit, Sprinkler System
  • Latitude Manual: 33.48881800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Model: C
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Oct 20, 2017
Sold by
Richoux Kirk and Richoux Sertha
Bought by
Varela Christina
Seller's Agent
Scott Lytle
Compass
Buyer's Agent
Catrina Crawford
Inhabit Collective
List Price
$539,000
Sold Price
$502,000
Premium/Discount to List
-$37,000
-6.86%
Current Estimated Value
$890,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,787
Avg. Annual Appreciation
7.32%
Original Mortgage
$4,016,003
Outstanding Balance
$3,357,189
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
-$2,466,402

Purchase Details

Listed on
Apr 11, 2014
Closed on
Sep 22, 2014
Sold by
Lucas Rebecca
Bought by
Richoux Kirk and Richoux Seritha
Seller's Agent
Michelle Wilson
First Team Real Estate
Buyer's Agent
Scott Lytle
Compass
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Waldon Clarence A and Waldon Margaret A
Bought by
Lucas Daniel and Lucas Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2002
Sold by
Odonnell James C and Odonnell Rosemary L
Bought by
Waldon Clarence A and Waldon Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%

Purchase Details

Closed on
Sep 19, 1997
Sold by
Wohlers Albert H
Bought by
Odonnell James C and Odonnell Rosemary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
7.36%

Purchase Details

Closed on
Apr 27, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Wohlers Albert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.84%
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
Varela Christina $502,000 Chicago Title Co
Richoux Kirk $390,000 Placer Title Company
Lucas Daniel $505,000 Chicago Title Co
Waldon Clarence A $300,000 United Title Company
Odonnell James C $139,000 Stewart Title
Wohlers Albert H $110,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Christina $4,016,003
Previous Owner Lucas Daniel $50,500
Previous Owner Waldon Clarence A $240,000
Previous Owner Odonnell James C $88,900
Previous Owner Wohlers Albert H $71,200
Closed Waldon Clarence A $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2017 11/15/17 Sold $502,000 -2.5% $444 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/08/2017 09/08/17 Price Changed $515,000 -0.8% $456 / Sq Ft
04/19/2017 04/19/17 Price Changed $519,000 -3.7% $459 / Sq Ft
03/31/2017 03/31/17 For Sale $539,000 +38.2% $477 / Sq Ft
10/30/2014 10/30/14 Sold $390,000 -2.5% $338 / Sq Ft View Prior Sale
07/17/2014 07/17/14 Price Changed $399,999 -3.6% $347 / Sq Ft
05/16/2014 05/16/14 Price Changed $415,000 -1.2% $360 / Sq Ft
04/11/2014 04/11/14 For Sale $420,000 -- $364 / 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 $6,178 $571,186 $444,527 $126,659
2024 $6,178 $559,987 $435,811 $124,176
2023 $5,997 $549,007 $427,265 $121,742
2022 $5,837 $538,243 $418,888 $119,355
2021 $5,704 $527,690 $410,675 $117,015
2020 $5,680 $522,280 $406,464 $115,816
2019 $5,563 $512,040 $398,494 $113,546
2018 $5,438 $502,000 $390,680 $111,320
2017 $4,419 $403,865 $281,118 $122,747
2016 $4,320 $395,947 $275,606 $120,341
2015 $4,220 $390,000 $271,466 $118,534
2014 $3,650 $333,700 $182,426 $151,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17066781

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-01