NOT LISTED FOR SALE

Estimated Value: $840,325 - $912,000

2 Beds
2 Baths
1,130 Sq Ft
$471/mo HOA Fee

Last Sold March 04, 2020

Last sale price $491,000 $435 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,736/month

37 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • View of Hills
  • John Malcom Elementary School Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of March 2020

Stunning newly renovated Monarch Beach condo in the prestigious Ritz Point guarded and gated community. Ground level unit in a highly desirable perimeter location overlooking a greenbelt and on the bluff. Secluded setting with a nice view of the hills and valley. Brand New: Remodeled kitchen featuring white cabinets and quart counters, updated bathrooms, 2 color interior paint, baseboards, carpet & laminate flooring, window blinds, and A/C compressor unit. The master bedroom features a large walk-in closet and en-suite bathroom. Carrara marble fireplace hearth. Access the covered patio through 1 of 3 patio doors. Laundry is a spacious separate attached room. Washer & dryer included! From within the community, walk to the beach (less than a mile away) on a trail along the Monarch Beach Resort Golf Course! The common elements include resort style pool, spa, clubhouse, and fitness center overlooking the ocean. Parking is 1 nearby assigned carport and 1 unassigned open space.

Last Agent to Sell the Property

Kevin Hollingsworth

NEXUS REAL ESTATE SERVICES License #01750277 Listed on: 01/05/2020

Co-Listed By

LUCY HOLLINGSWORTH

CENTURY 21 CITRUS REALTY INC License #00634276

Last Buyer's Agent

Sandra Thiel

Milieu Homes License #01874934

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,909

Year Built

  • Built in 1988 | Remodeled

HOA Fees

Property Views

  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936423

Community Details

Overview

  • 325 Units
  • Corniche Master Assoc Association, Phone Number (949) 450-0202
  • Keystone Pacific Association, Phone Number (949) 833-2600
  • Action Property Mgt HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,909

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Gated Community
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936423
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Stories: 1
  • Entry Location: ground
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 434.51
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Covered
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Monarch Hills
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Recreation Room, Trash, Guard, Security
  • Association Fee: 90.00
  • Association #2 Fee: 381.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Corniche Master Assoc
  • Phone: 949-450-0202
  • Association Phone #2: 949-833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Action Property Mgt
  • Association Management 2: Keystone Pacific

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Gherardini Jason P and Gherardini Heidi
Bought by
Gherardini Jason P and Gherardini Heidi
Current Estimated Value
$875,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,000
Outstanding Balance
$421,499
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$454,332

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 17, 2020
Sold by
Kent Bruce W
Bought by
Gherardini Gino and Gherardini Jason P
Seller's Agent
Kevin Hollingsworth
NEXUS REAL ESTATE SERVICES
Buyer's Agent
Sandra Thiel
Milieu Homes
List Price
$509,900
Sold Price
$491,000
Premium/Discount to List
-$18,900
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$466,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Kent Bruce W and Kent Jean M
Bought by
Kent Bruce W and Kent Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,100
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Kent Bruce W and Kent Jean M
Bought by
Kent Bruce W and Kent Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Kent Bruce W and Kent Jean M
Bought by
Kent Bruce W and Kent Jean M

Purchase Details

Closed on
Mar 29, 2005
Sold by
Dillavou Janet L
Bought by
Kent Bruce W and Kent Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
4.54%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 6, 2002
Sold by
Dillavou John R
Bought by
Dillavou Janet L

Purchase Details

Closed on
Jul 1, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Dillavou John R and Dillavou Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Gherardini Jason P -- Accommodation
Gherardini Jason P -- Equity Title Orange County
Gherardini Gino $491,000 Fidelity National Title
Kent Bruce W -- Old Republic Title
Kent Bruce W -- Accommodation
Kent Bruce W -- Southland Title Company
Kent Bruce W -- None Available
Kent Bruce W $478,000 Ticor Title Company
Dillavou Janet L -- --
Dillavou John R $121,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gherardini Jason P $471,000
Closed Gherardini Gino $466,000
Previous Owner Kent Bruce W $284,100
Previous Owner Kent Bruce W $297,000
Previous Owner Kent Bruce W $100,000
Previous Owner Kent Bruce W $298,000
Previous Owner Dillavou John R $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $491,000 -1.8% $435 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $499,900 -2.0% $442 / Sq Ft
01/05/2020 01/05/20 For Sale $509,900 0.0% $451 / Sq Ft
10/27/2012 10/27/12 Rented $1,750 0.0% --
10/25/2012 10/25/12 Under Contract -- -- --
08/09/2012 08/09/12 For Rent $1,750 -- --
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 $5,909 $536,977 $401,200 $135,777
2024 $5,909 $526,449 $393,334 $133,115
2023 $5,736 $516,127 $385,622 $130,505
2022 $5,582 $506,007 $378,060 $127,947
2021 $5,456 $496,086 $370,647 $125,439
2020 $5,864 $533,460 $399,542 $133,918
2019 $5,744 $523,000 $391,707 $131,293
2018 $5,408 $492,000 $360,707 $131,293
2017 $5,381 $492,000 $360,707 $131,293
2016 $4,899 $446,000 $314,707 $131,293
2015 $4,190 $387,000 $255,707 $131,293
2014 $3,650 $333,700 $202,407 $131,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20002586

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-23