$640,000
SOLD MAR 16, 2021
2 Beds
2 Baths
1,130 Sq Ft
$502/mo HOA Fee

Recently Sold

$566 Per Sq Ft

2% Above List Price

15 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • John Malcom Elementary School Rated A
  • No Units Above
  • Main Floor Primary Bedroom

About This Home

As of March 2021

Situated in the prestigious guard gated community of Ritz Pointe within walking distance to Salt Creek Beach, Monarch Beach and Ritz Carton resorts. Rarely available single story two bedrooms and two baths end unit condo with vaulted ceilings and NO STAIRS entry location! Cozy fireplace in the living room, and separate dining area. Upgrades include energy efficient double pane windows, remodeled kitchen, bathrooms and replaced A/C and furnace. This unit has a separate storage and laundry room. This property has a perfect beach-close location surrounded by multi-million dollar homes and five star resorts. Community amenities include direct access to Salt Creek Beach with trails less than a mile walk or bike through the Monarch Beach Links Golf Course. Association clubhouse, pool, spas and gym; one of the spas has a breathtaking panoramic ocean view!

Last Agent to Sell the Property

John Rennie

RE/MAX One License #01269397 Listed on: 02/01/2021

Last Buyer's Agent

John Rennie

RE/MAX One License #01269397 Listed on: 02/01/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,454

Year Built

  • Built in 1989

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,130 Sq Ft Home
  • Living Room with Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Spa
  • Patio

Schools

  • Malcom Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936435

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Association, Phone Number (949) 833-2600
  • Action Property Management Association
  • Keystone Pacific HOA
  • Monarch Hills Condos Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,454

Year Built

Built in 1989

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936435
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • 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: 566.37
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Recreation Room, Guard, Security
  • Association Fee: 407.00
  • Association #2 Fee: 95.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Association
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Keystone Pacific
  • Association Management 2: Action Property Management

Schools

  • School District: Capistrano Unified
  • Elementary School: Malcom
  • Middle School: Marco Forester
  • High School: Dana Hills
  • Elementary School: Malcom
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOM
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.48782400

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

Listed on
Feb 1, 2021
Closed on
Jan 25, 2021
Sold by
Valdez Edward S and Valdez Diana B
Bought by
Magarian Ryan Campbell
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
John Rennie
RE/MAX One
List Price
$624,900
Sold Price
$640,000
Premium/Discount to List
$15,100
2.42%
Current Estimated Value
$900,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,281
Avg. Annual Appreciation
7.95%
Original Mortgage
$601,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2018
Sold by
Valdez Edward S and Valdez Diana B
Bought by
Valdez Edward S and Valdez Diana B

Purchase Details

Listed on
Feb 7, 2017
Closed on
Feb 15, 2017
Sold by
Tounsi Daniel and Nulty Diane M
Bought by
Valdez Edward S and Valdez Diana B
Seller's Agent
Katarina Kuczera
First Team Real Estate
Buyer's Agent
Katarina Kuczera
First Team Real Estate
List Price
$537,000
Sold Price
$537,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$237,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1999
Sold by
Nickless Maria E
Bought by
Nickless Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.5%

Purchase Details

Closed on
Nov 1, 1999
Sold by
Nickless Edward M
Bought by
Tounsi Daniel and Nulty Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.5%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Nickless Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
8.57%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $640,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $537,000 None Available
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $195,000 Lawyers Title Company
Grant Deed $138,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $601,600 New Conventional
Previous Owner $238,000 Adjustable Rate Mortgage/ARM
Previous Owner $237,000 New Conventional
Previous Owner $140,700 Credit Line Revolving
Previous Owner $175,500 No Value Available
Previous Owner $136,500 Unknown
Previous Owner $131,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Rented $3,400 0.0% --
06/16/2024 06/16/24 Under Contract -- -- --
06/13/2024 06/13/24 Off Market $3,400 -- --
04/27/2024 04/27/24 For Rent $3,400 +3.0% --
04/20/2023 04/20/23 Rented $3,300 -2.9% --
03/30/2023 03/30/23 Price Changed $3,400 -2.9% $3 / Sq Ft
02/28/2023 02/28/23 For Rent $3,500 0.0% --
03/16/2021 03/16/21 Sold $640,000 -1.5% $566 / Sq Ft
02/16/2021 02/16/21 Price Changed $649,900 +4.0% $575 / Sq Ft
02/01/2021 02/01/21 For Sale $624,900 +16.4% $553 / Sq Ft
03/31/2017 03/31/17 Sold $537,000 0.0% $465 / Sq Ft
02/07/2017 02/07/17 For Sale $537,000 -- $465 / 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 $7,454 $692,756 $549,891 $142,865
2024 $7,454 $679,173 $539,109 $140,064
2023 $7,248 $665,856 $528,538 $137,318
2022 $7,065 $652,800 $518,174 $134,626
2021 $6,261 $575,770 $450,195 $125,575
2020 $6,232 $569,867 $445,579 $124,288
2019 $6,105 $558,694 $436,843 $121,851
2018 $5,972 $547,740 $428,278 $119,462
2017 $2,946 $258,234 $118,789 $139,445
2016 $2,872 $253,171 $116,460 $136,711
2015 $2,717 $249,369 $114,711 $134,658
2014 $2,669 $244,485 $112,464 $132,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21009375

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-35