NOT LISTED FOR SALE

Estimated Value: $3,002,000 - $7,410,000

4 Beds
3 Baths
2,808 Sq Ft
$1,785/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $1,375,000 $490 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $27,920/month

Highlights

  • Beach Access
  • 24-Hour Security
  • Ocean Side of Freeway
  • Moulton Elementary Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of June 2013

Short stroll to the private beach form this gorgeous single-level four bedroom, three bathroom home is situated on a highly-desirable corner lot in the prestigious, guard-gated community of Monarch Bay. Floor to ceiling windows grace each room bringing in an abundance of natural light and beauty with views of the atrium. A stunning travertine fireplace surrounded by custom built-ins serves as the focal point of the living room with marble flooring throughout. The private and spacious pool-sized backyard is perfect for entertaining. Community includes tennis & sport courts and beach front parking access, and 24HR guard gated private access. Unfurnished, 12 month lease.

Last Agent to Rent the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 02/12/2013

Coldwell Banker Realty

Last Renter's Agent

Maura Short

Compass License #01883774

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Cul-De-Sac
  • Wood Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Up Slope from Street

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Home Office
  • Atrium Room
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access
  • Ocean Side of Freeway
  • Exterior Lighting
  • Slab Porch or Patio

Utilities

  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Security Deposit $13,790
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Tax Lot 4
  • Tax Tract Number 3748
  • Assessor Parcel Number 67013108

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Monarch Bay (MB)

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Security: 13790
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Monarch Bay (MB)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67013108
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2808.00
  • Interior Amenities: Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 2.10
  • Room Type: Atrium, All Bedrooms Down, Den, Master Suite, Office

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Monarch Bay (MB)
  • Patio And Porch Features: Concrete, Porch, Patio, Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage, Private, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Paved, Corner Lot, Up Slope from Street
  • Lot Size: 85x120
  • Lot Size Sq Ft: 10200.00
  • Lot Size Acres: 0.2340

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10200.0000 Square Feet
  • Rent Includes: Association Dues
  • Waterfront Features: Beach Access, Ocean Side of Freeway

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 3748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Sarebanha Sapra Steven Guy and Sarebanha Sapra Maygol
Bought by
The Sapra Family Trust
Current Estimated Value
$5,011,073

Purchase Details

Closed on
Oct 7, 2016
Sold by
Mmb Management Llc
Bought by
Monarch Bay Land Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2016
Sold by
Monarch Bay Land Association
Bought by
Sapra Steven Guy and Sapra Maygol Sarebanha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2012
Closed on
Oct 26, 2012
Sold by
Wong Pamela Ives Henrici
Bought by
Miller Alan M
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$1,599,000
Sold Price
$1,375,000
Premium/Discount to List
-$224,000
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Petersen Marianne O
Bought by
Petersen Michael J and Petersen Marianne O

Purchase Details

Closed on
Feb 23, 1999
Sold by
Petersen Michael J and Petersen Marianne O
Bought by
Petersen Michael J and Petersen Marianne O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
The Sapra Family Trust -- None Available
Monarch Bay Land Association $92,518,000 First American Title Company
Sapra Steven Guy $1,105,000 First American Title Company
Miller Alan M -- First American Title Company
Petersen Michael J -- --
Petersen Michael J -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sapra Steven Guy $1,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2013 06/29/13 Rented $5,895 -14.5% --
06/18/2013 06/18/13 Under Contract -- -- --
02/12/2013 02/12/13 For Rent $6,895 0.0% --
11/07/2012 11/07/12 Sold $1,375,000 -1.7% $490 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
08/13/2012 08/13/12 Price Changed $1,399,000 -12.5% $498 / Sq Ft
05/14/2012 05/14/12 For Sale $1,599,000 -- $569 / 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 $22,772 $2,024,620 $1,670,593 $354,027
2024 $22,772 $1,984,922 $1,637,836 $347,086
2023 $22,057 $1,946,002 $1,605,721 $340,281
2022 $21,505 $1,907,846 $1,574,237 $333,609
2021 $20,841 $1,852,282 $1,543,369 $308,913
2020 $20,381 $1,833,290 $1,527,544 $305,746
2019 $20,053 $1,797,344 $1,497,593 $299,751
2018 $19,810 $1,762,102 $1,468,228 $293,874
2017 $18,542 $1,680,395 $1,439,440 $240,955
2016 $18,175 $1,647,447 $1,411,216 $236,231
2015 $17,401 $1,610,571 $1,390,018 $220,553
2014 $17,096 $1,579,023 $1,362,790 $216,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13021775

California Regional Multiple Listing Service (CRMLS)

APN: 670-131-08