NOT LISTED FOR SALE

Estimated Value: $833,633 - $921,000

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

Last Sold November 14, 2019

Last sale price $500,000 $442 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,824/month

172 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • John Malcom Elementary School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2019

100% MOVE IN READY!!!
Beautifully appointed condominium situated in an exceptionally well maintained gated community within walking distance to the ocean. This home is located on the first floor for easy access. Upgrades include; all new windows and sliding doors, stunning new flooring and the entire interior is freshly painted in popular neutral tones. Master suite and guest bedroom have walk-in closets for even more storage. Appliances include a newer range and the kitchen boasts granite countertops. Private laundry room with lots of extra storage as well as a separate storage closet. Check out the pictures to see for yourself and schedule a showing before it's gone!
Clubhouse, pool, location...it will be your own vacation oasis without having to leave home.

Last Agent to Sell the Property

Jerry Jones

Luxre Realty, Inc. License #00638163 Listed on: 05/05/2019

Last Buyer's Agent

Susan LoGuercio

Sand and Sea Realty Inc License #02053488

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,007

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Density is 21-25 Units/Acre

HOA Fees

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Malcolm Elementary School
  • Niguel Hills Middle School
  • Dana Hills High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936425

Community Details

Overview

  • 300 Units
  • Monarch Hills Association, Phone Number (949) 833-2600
  • Corniche Master Association, Phone Number (949) 450-0202

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,007

Year Built

Built in 1989

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936425
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 442.48
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Gym/Ex Room, Clubhouse, Trash
  • Association Fee: 381.00
  • Association #2 Fee: 90.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills
  • Phone: 949.833.2600
  • Association Phone #2: 949.450.0202
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Monarch Hills

Schools

  • School District: Capistrano Unified
  • Elementary School: Malcolm
  • Middle School: Niguel Hills
  • High School: Dana Hills
  • Elementary School: Malcolm
  • High School: Dana Hills
  • Middle Or Junior School: Niguel Hills
  • Elementary School #2: MALCOL
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 1200.00
  • Lot Size Acres: 0.0275
  • Latitude Manual: 33.48821300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1200.0000 Square Feet
  • Number Of Units In Community: 300
  • 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

Listed on
May 5, 2019
Closed on
Oct 29, 2019
Sold by
Schimpf Michael W and Schimpf Lorraine M
Bought by
Fahringer Heidi Michele and Deangelis Joseph John
Seller's Agent
Jerry Jones
Luxre Realty, Inc.
Buyer's Agent
Susan LoGuercio
Sand and Sea Realty Inc
List Price
$517,500
Sold Price
$500,000
Premium/Discount to List
-$17,500
-3.38%
Current Estimated Value
$890,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,408
Avg. Annual Appreciation
10.48%
Original Mortgage
$450,000
Outstanding Balance
$397,128
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$493,280

Purchase Details

Closed on
Apr 20, 2016
Sold by
Schimpf Michael W and Schimpf Lorraine M
Bought by
Michael & Loraine Schimpf Living Trust

Purchase Details

Closed on
Nov 29, 2007
Sold by
Schimpf Lorraine M
Bought by
Schimpf Michael W and Schimpf Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,150
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Schimpf Michael W
Bought by
Schimpf Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,350
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2006
Sold by
Meacham Andrea D
Bought by
Schimpf Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,350
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2005
Sold by
Meacham David S
Bought by
Meacham Andrea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 2005
Sold by
Meacham Scott and Meacham Elda A
Bought by
Meacham David S and Meacham Andrea D

Purchase Details

Closed on
Jun 27, 2002
Sold by
Rolle Vernita
Bought by
Meacham Scott and Meacham Elda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
5.87%

Purchase Details

Closed on
May 9, 2000
Sold by
Leeny Timothy K
Bought by
Rolle Vernita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
9.85%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Leeny Donald and Leeny Martha
Bought by
Leeny Timothy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.5%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Timothy Leeny
Bought by
Leeny Timothy K and Leeny Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,695
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1997
Sold by
Timothy Leeny and Timothy Donald
Bought by
Leeny Timothy K

Purchase Details

Closed on
Mar 12, 1996
Sold by
Leeny Timothy K and Leeny Donald
Bought by
Leeny Timothy K and Leeny Donald
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fahringer Heidi Michele $500,000 First American Title Company
Michael & Loraine Schimpf Living Trust -- None Available
Schimpf Michael W -- None Available
Schimpf Michael W -- Chicago Title Company
Schimpf Lorraine M -- Equity Title Company
Schimpf Lorraine M $483,500 Equity Title Company
Meacham Andrea D -- --
Meacham David S -- --
Meacham Scott $270,000 United Title Company
Rolle Vernita $190,000 United Title Company
Leeny Timothy K -- Old Republic Title Company
Leeny Timothy K -- Southland Title Corporation
Leeny Timothy K -- --
Leeny Timothy K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahringer Heidi Michele $450,000
Previous Owner Schimpf Michael W $217,500
Previous Owner Schimpf Michael W $379,150
Previous Owner Schimpf Lorraine M $48,350
Previous Owner Schimpf Lorraine M $386,800
Previous Owner Meacham Andrea D $95,000
Previous Owner Meacham Scott $314,250
Previous Owner Meacham Scott $70,000
Previous Owner Meacham Scott $215,920
Previous Owner Rolle Vernita $151,920
Previous Owner Leeny Timothy K $140,000
Previous Owner Leeny Timothy K $109,695
Closed Rolle Vernita $37,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Sold $500,000 -1.4% $442 / Sq Ft
09/02/2019 09/02/19 Price Changed $507,000 -2.0% $449 / Sq Ft
05/05/2019 05/05/19 For Sale $517,500 0.0% $458 / Sq Ft
03/31/2015 03/31/15 Rented $2,200 0.0% --
03/31/2015 03/31/15 For Rent $2,200 +10.0% --
08/09/2013 08/09/13 Rented $2,000 +2.6% --
08/07/2013 08/07/13 Under Contract -- -- --
08/02/2013 08/02/13 For Rent $1,950 -- --
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 $6,007 $546,820 $409,251 $137,569
2024 $6,007 $536,099 $401,227 $134,872
2023 $5,831 $525,588 $393,360 $132,228
2022 $5,676 $515,283 $385,647 $129,636
2021 $5,547 $505,180 $378,085 $127,095
2020 $5,525 $500,000 $374,208 $125,792
2019 $5,744 $523,000 $371,726 $151,274
2018 $5,408 $492,000 $340,726 $151,274
2017 $5,381 $492,000 $340,726 $151,274
2016 $4,899 $446,000 $294,726 $151,274
2015 $4,190 $387,000 $235,726 $151,274
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: OC19103982

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-25