NOT LISTED FOR SALE

22862 Via Cordova Dana Point, CA 92629

Monarch Bay Neighborhood

Estimated Value: $3,507,000 - $5,020,000

3 Beds
3 Baths
2,436 Sq Ft
$1,802/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $3,070,000 $1,260 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $27,676/month

About This Home

As of May 2022

Beautiful single level home located in the prestigious guard gated community of Emerald Ridge, Dana Point. This charming 3 bedroom, 3 bath, pool home is located on a quiet cul-de-sac that offers 180 degree ocean views and is minutes away from downtown Dana Point or Laguna Beach.
Walk through the main entrance into the home and you are immediately captivated by the view of the Pacific Ocean ahead.

The spacious living/great room with warm hardwood floors and double-sided fireplace has beautiful French doors that lead out to the expansive backyard for an easy indoor/outdoor lifestyle. The family room with adjoining dining area is perfect for family gatherings. The kitchen is showcased by custom cabinets, granite counters, top of the line appliances and a built in TV. The master bedroom opens out to the pool area and features plenty of closet space including a large walk-in designed by California Closets. The master bath has dual vanities, a separate tub and shower and private toilet. The second bedroom with en-suite bathroom could be a second master. The third bedroom is currently set up as an office and easily transitioned back to a bedroom with close access to the 3rd bathroom.

The backyard offers panoramic ocean views from the Ritz Carlton to Catalina Island and 5+ acres of green space just for the residents of Emerald Ridge to enjoy. Watch amazing sunsets and an added bonus, spectacular July 4th Fireworks. Pet friendly community.

This home is presently unfurnished and available for immediate occupancy. Fully or partially furnished is an option. Prefer 12-18 month lease, but will consider shorter term. Please call the listing agent for further details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 9, 2022
Sold by
Ramin Monfared
Bought by
Pearson Kevin Lee and Morgan Lesley
Seller's Agent
Jack Tucker
Jack Tucker, Broker
Buyer's Agent
Jack Tucker
Jack Tucker, Broker
List Price
$3,150,000
Sold Price
$3,070,000
Premium/Discount to List
-$80,000
-2.54%
Current Estimated Value
$4,388,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,318,821
Avg. Annual Appreciation
10.97%
Original Mortgage
$1,400,000
Outstanding Balance
$1,319,839
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$2,927,685

Purchase Details

Closed on
Jun 5, 2008
Sold by
Eriksmoen John P and Rich Deedreea E
Bought by
Ghosheh Ribhi and Ghosheh Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2005
Sold by
Hanes Katherine W
Bought by
Eriksmoen John P and Rich Deedreea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.34%
Mortgage Type
Negative Amortization
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
Pearson Kevin Lee $3,500,000 Wfg National Title
Ghosheh Ribhi -- California Title Company
Eriksmoen John P $1,900,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Kevin Lee $1,400,000
Previous Owner Ghosheh Ribhi $693,305
Previous Owner Ghosheh Ribhi $717,500
Previous Owner Ghosheh Ribhi $729,750
Previous Owner Ghosheh Ribhi $1,250,000
Previous Owner Eriksmoen John P $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Rented $10,000 -4.8% --
08/15/2022 08/15/22 Price Changed $10,500 -8.7% $4 / Sq Ft
07/29/2022 07/29/22 For Rent $11,500 0.0% --
05/10/2022 05/10/22 Sold $3,070,000 -2.5% $1,260 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,150,000 0.0% $1,293 / Sq Ft
08/20/2018 08/20/18 Rented $6,500 -7.1% --
06/05/2018 06/05/18 For Rent $7,000 -- --

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
2024 $38,727 $3,641,400 $3,307,133 $334,267
2023 $37,777 $3,570,000 $3,242,287 $327,713
2022 $23,029 $2,123,603 $1,732,579 $391,024
2021 $23,136 $2,081,964 $1,698,607 $383,357
2020 $22,477 $2,060,617 $1,681,190 $379,427
2019 $21,952 $2,020,213 $1,648,225 $371,988
2018 $20,527 $1,889,000 $1,566,762 $322,238
2017 $18,374 $1,677,000 $1,354,762 $322,238
2016 $17,404 $1,589,000 $1,266,762 $322,238
2015 $14,747 $1,350,000 $1,027,762 $322,238
2014 $14,761 $1,350,000 $1,027,762 $322,238
Source: Public Records

Agents Affiliated with this Home

  • S Kedhar

    Seller's Agent in 2022

    S Kedhar

    RE/MAX

    (949) 683-5066

    26 Total Sales

    S Kedhar
    Section Image

  • J

    Seller's Agent in 2022

    Jack Tucker

    Jack Tucker, Broker

    (949) 212-0290

    1 in this area

    9 Total Sales

    Section Image
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Map

California Orange County Dana Point 92629 Monarch Bay

22862 Via Cordova, Dana Point, CA

This home is located at 22862 Via Cordova, Dana Point, CA 92629 and is currently estimated at $4,388,821, approximately $1,801 per square foot. 22862 Via Cordova is a home located in Orange County with nearby schools including Moulton Elementary, Niguel Hills Middle School, and Dana Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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