NOT LISTED FOR SALE

Estimated Value: $4,807,000 - $5,547,352

3 Beds
3.5 Baths
3,131 Sq Ft
$1,684/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $2,750,000 $878 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $30,422/month

156 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Fireplace in Primary Bedroom
  • Moulton Elementary Rated A
  • Primary Bedroom Suite
  • Retreat

About This Home

As of November 2018

Located in exclusive Monarch Bay Terrace situated on a very private cul de sac. This gorgeous home rests on an 11,500 sq ft. property surrounded by beautiful landscaping. Boasting relaxing water views and gentle ocean breezes, this fabulous single level residence provides a light infused interior with 3 bedrooms plus office and 3.5 baths. The meticulous attention to every detail is highlighted in the timeless architecture and quality craftsmanship. The many special features include an outdoor entertainment center by the spectacular pool and spa. This stunning home will exceed all your expectations.

Last Agent to Sell the Property

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380 Listed on: 04/23/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Diane McDonald

Coldwell Banker Platinum Prop License #00602363

Coldwell Banker Platinum Prop

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Private Yard
  • Back Yard

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Guest Parking
  • Parking Lot

Interior Spaces

  • 3,131 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Door Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Cabinet Doors
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • Dressing Area

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Filtered Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Monarch Bay Terrace Association, Phone Number (949) 460-6229

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 3845
  • Assessor Parcel Number 67007206

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67007206
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3131.00 Square Feet
  • Interior Amenities: Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 878.31
  • Room Type: Converted Bedroom, Dressing Area, Great Room, Kitchen, Main Floor Bedroom, Master Suite, Office, Retreat, Separate Family Room
  • Spa Features: Private, Gunite
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Private, Filtered, Gunite, Heated
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Guest, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • Association Name: Monarch Bay Terrace
  • Phone: 949-460-6229
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Yard
  • Lot Size Sq Ft: 11500.00
  • Lot Size Acres: 0.2640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 67
  • Tax Tract Number: 3845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Oct 2, 2018
Sold by
Cowley Rank Patrick H and Cowley Rank Margarita
Bought by
Silverman Barry L and Truelove Silverman Sandra
Seller's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diane McDonald
Coldwell Banker Platinum Prop
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Current Estimated Value
$5,272,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,522,338
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Rank Patrick H and Rank Margarita Cowley
Bought by
Rank Patrick H and Rank Margarita Cowley

Purchase Details

Closed on
Sep 5, 2001
Sold by
Vangelos Allen J and Vangelos Mary
Bought by
Rank Patrick H and Rank Margarita Cowley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 12, 1995
Sold by
Vangelos Allen J and Vangelos Mary
Bought by
Vangelos Allen J and Vangelos Mary

Purchase Details

Closed on
Oct 18, 1993
Sold by
Vangelos Allen J and Vangelos Mary
Bought by
Vangelos Allen J and Vangelos Mary
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
Silverman Barry L $2,750,000 Lawyers Title
Rank Patrick H -- --
Rank Patrick H $870,000 Chicago Title Co
Vangelos Allen J -- --
Vangelos Allen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rank Patrick H $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $2,750,000 -1.6% $878 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/15/2018 09/15/18 Price Changed $2,795,000 -6.7% $893 / Sq Ft
04/23/2018 04/23/18 For Sale $2,995,000 -- $957 / 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 $33,244 $3,086,565 $2,070,382 $1,016,183
2024 $33,244 $3,007,525 $2,029,787 $977,738
2023 $32,211 $2,948,554 $1,989,987 $958,567
2022 $31,521 $2,890,740 $1,950,968 $939,772
2021 $30,926 $2,834,059 $1,912,713 $921,346
2020 $30,367 $2,805,000 $1,893,101 $911,899
2019 $29,420 $2,750,000 $1,855,981 $894,019
2018 $18,098 $1,620,193 $935,817 $684,376
2017 $17,763 $1,588,425 $917,468 $670,957
2016 $17,103 $1,557,280 $899,479 $657,801
2015 $16,548 $1,533,889 $885,968 $647,921
2014 $16,258 $1,503,843 $868,613 $635,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18085057

California Regional Multiple Listing Service (CRMLS)

APN: 670-072-06