NOT LISTED FOR SALE

Estimated Value: $805,480 - $912,000

2 Beds
2 Baths
1,130 Sq Ft
1989 Built

Last Sold August 09, 2016

Last sale price $473,000 $419 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,059/month

Highlights

  • Golf Course Community
  • Gated Community
  • Granite Countertops
  • John Malcom Elementary School Rated A
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of February 2023

Truly a fantastic opportunity to lease a modernized 2 bedroom, 2 bathroom residence located within the “guard gated” community of Ritz Point. This first level residence, with the entire unit all on one level, features 2 generously proportioned bedrooms, both with attached walk-in closets! Recently meticulously upgraded, this properties high end finishes include ceramic plank tile flooring, a cozy stacked stone fireplace, stainless steel appliances, new windows, sliders and doors with plantation shutters, updated bathrooms, new landscaping and recessed lighting. Air-conditioning is a bonus for those hot summer days. With 2 patios, front and back, you have options to catch an ocean breeze, yet still be tucked away for privacy and peaceful living.
The galley style kitchen features electric stainless steel appliances, granite countertops, white shaker style cabinets, and a granite kitchen "breakfast table" (included with property). The updated bathrooms include a floor to ceiling subway tiled shower in the master bath, new shower doors, sinks, fixtures, and exhaust fans in both bathrooms.
This property includes a washer and dryer, easily accessible in a separate storage room on the patio directly off the kitchen, with an additional storage room located beside the front door.

Association amenities include a clubhouse, pool, 3 spas and a gym, with one spa offering a breathtaking panoramic ocean view!
Take a stroll down to the popular Monarch Beach Prominade with an intimate mix of retail including inspired restaurants, Monarch Beach Market and fine services.
This residence is located with minutes of both the Waldorf Astoria and Ritz Carlton resorts, equally close is the World-Renowned Salt Creek Beach with its surfing breaks as well as the Dana Point Harbor and Lantern District with its numerous shopping and dining facilities!

Last Agent to Rent the Property

Robert Wolff

Harcourts Prime Properties License #01053562 Listed on: 01/04/2023

Harcourts Prime Properties

Last Renter's Agent

Robert Wolff

Harcourts Prime Properties License #01053562 Listed on: 01/04/2023

Harcourts Prime Properties

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,130 Sq Ft Home
  • Recessed Lighting
  • Plantation Shutters
  • Family Room with Fireplace
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Guest Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,800
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/22/23
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936408

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units
  • Monarch Hills Condos Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-01-22
  • Credit Check Paid By: Tenant
  • Deposit Security: 3800
  • Furnished: Unfurnished
  • Pets Allowed: Call, Size Limit, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, Washer & Dryer (without warranty)
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936408
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.10
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower In Tub, Granite Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Guest, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 24, 2023
Sold by
Mcelroy Trust
Bought by
Cali Beach Bound Llc
Seller's Agent
Robert Wolff
Harcourts Prime Properties
Buyer's Agent
Robert Wolff
Harcourts Prime Properties
Sold Price
$3,500
Views
39
Current Estimated Value
$869,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,370

Purchase Details

Listed on
Jul 26, 2016
Closed on
Jul 27, 2016
Sold by
Karimian Shahin
Bought by
Mcelroy John S and Mcelroy Dana R
Seller's Agent
Shahin Karimian
Freedom Realty
Buyer's Agent
Christine Ho
Premier Agent Network
List Price
$479,000
Sold Price
$473,000
Premium/Discount to List
-$6,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Hud
Bought by
Karimian Shahin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.76%

Purchase Details

Closed on
Dec 29, 1997
Sold by
Carr Jonathan H and Carr Kimberly A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 19, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Apr 16, 1997
Sold by
Carr Jonathan H and Carr Kimberly A
Bought by
Exchange Development Corp

Purchase Details

Closed on
Feb 23, 1996
Sold by
Carr Jonathan H and Carr Kimberly A
Bought by
Carr Jonathan H and Carr Kimberly A

Purchase Details

Closed on
Jul 1, 1994
Sold by
Stack Kimberly A and Carr Jonathan H
Bought by
Carr Jonathan H and Carr Kimberly A
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
Cali Beach Bound Llc -- --
Mcelroy John S $473,000 Lawyers Title Company
Karimian Shahin $135,000 Orange Coast Title
Countrywide Home Loans Inc $128,683 Landsafe Title
Hud -- Landsafe Title
Exchange Development Corp -- --
Carr Jonathan H -- --
Carr Jonathan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karimian Shahin $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2023 02/06/23 Rented $3,500 0.0% --
01/04/2023 01/04/23 For Rent $3,500 0.0% --
08/09/2016 08/09/16 Sold $473,000 -1.3% $419 / Sq Ft View Prior Sale
07/26/2016 07/26/16 For Sale $479,000 +1.3% $424 / Sq Ft
07/26/2016 07/26/16 Off Market $473,000 -- --
07/25/2016 07/25/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $479,000 0.0% $424 / Sq Ft
12/21/2014 12/21/14 Rented $1,950 0.0% --
12/21/2014 12/21/14 For Rent $1,950 +8.3% --
03/29/2012 03/29/12 Rented $1,800 0.0% --
03/27/2012 03/27/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $1,800 -- --
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 $6,028 $548,954 $416,153 $132,801
2024 $6,028 $538,191 $407,993 $130,198
2023 $5,852 $527,639 $399,993 $127,646
2022 $5,696 $517,294 $392,150 $125,144
2021 $5,567 $507,151 $384,460 $122,691
2020 $5,545 $501,951 $380,518 $121,433
2019 $5,432 $492,109 $373,057 $119,052
2018 $5,311 $482,460 $365,742 $116,718
2017 $5,189 $473,000 $358,570 $114,430
2016 $2,189 $178,777 $50,023 $128,754
2015 $2,041 $176,092 $49,272 $126,820
2014 $2,008 $172,643 $48,307 $124,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22261111

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-08