NOT LISTED FOR SALE

Estimated Value: $4,959,000 - $7,222,000

4 Beds
3.5 Baths
4,048 Sq Ft
$1,622/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $3,200,000 $791 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $39,406/month

10 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Moulton Elementary Rated A
  • Ocean Side of Freeway
  • Deck

About This Home

As of January 2022

An incredible value add opportunity in the highly desirable community of Monarch Bay Terrace. Perched up high on a small and quiet cul de sac of only 6
homes, 23241 Tasmania offers endless potential, starting with the incredible size, over 4,000 SqFt, and a commanding 20,000 SqFt lot. The home enjoys panoramic coastline/ocean, city, and mountain views. 4 bed, 4.5 bath, all bedrooms have direct access to a private of shared bathroom. An extremely coveted location close to award-winning resorts, renowned beaches, incredible shopping, and only minutes to Dana Point Harbor and Laguna Beach!

Last Agent to Sell the Property

Bryan Gerlach

Engel & Völkers Dana Point License #01906646 Listed on: 11/18/2021

Engel & Völkers Dana Point

Last Buyer's Agent

Bryan Gerlach

Engel & Völkers Dana Point License #01906646 Listed on: 11/18/2021

Engel & Völkers Dana Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,284

Year Built

  • Built in 1974

Lot Details

  • 0.47 Acre Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Golf Course
  • Woods
  • Canyon
  • Hills
  • Valley

Home Design

  • Spanish Architecture
  • Fixer Upper

Interior Spaces

  • 4,048 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • Monarch Bay Terrace Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA
  • Monarch Bay Terrace Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 4272
  • Assessor Parcel Number 67016128
  • $1,134 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,284

Year Built

Built in 1974

Lot Details

0

HOA Fees

$35 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67016128
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4048.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 790.51
  • Room Type: All Bedrooms Up, Family Room, Great Room, Jack & Jill, Kitchen, Laundry, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Coastline, Golf Course, Hills, Ocean, Panoramic, Trees/Woods, Valley
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 35.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Bay Terrace
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights
  • Association Management: Keystone Pacific

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20496.00
  • Lot Size Acres: 0.4705

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20496.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 45
  • Tax Tract Number: 4272
  • TaxOtherAnnualAssessmentAmount: 1134.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 3, 2021
Sold by
Forte Living Llc
Bought by
Silver Stream Advisors Llc
Seller's Agent
Bryan Gerlach
Engel & Völkers Dana Point
Buyer's Agent
Bryan Gerlach
Engel & Völkers Dana Point
List Price
$3,200,000
Sold Price
$3,200,000
Current Estimated Value
$6,566,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,366,124
Avg. Annual Appreciation
22.17%
Original Mortgage
$3,281,320
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 17, 2021
Sold by
Easton Richard Allen and Easton Joyce Ardelle
Bought by
Forte Living Llc
Seller's Agent
Andrea Ballesteros
Coldwell Banker Realty
Buyer's Agent
Bryan Gerlach
Engel & Völkers Dana Point
List Price
$2,795,000
Sold Price
$2,700,000
Premium/Discount to List
-$95,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,172
Interest Rate
2.8%
Mortgage Type
Commercial
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
Silver Stream Advisors Llc $3,200,000 Pacific Coast Title
Silver Stream Advisors Llc $3,200,000 Pacific Coast Title
Forte Living Llc $2,700,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Stream Advisors Llc $5,250,000
Closed Silver Stream Advisors Llc $275,000
Closed Silver Stream Advisors Llc $3,750,000
Closed Silver Stream Advisors Llc $3,281,320
Previous Owner Forte Living Llc $2,640,172
Previous Owner Easton Richard Allen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $3,200,000 0.0% $791 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $3,200,000 +18.5% $791 / Sq Ft
10/19/2021 10/19/21 Sold $2,700,000 -3.4% $667 / Sq Ft
09/15/2021 09/15/21 For Sale $2,795,000 -- $690 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
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
2024 $37,284 $3,307,392 $2,757,550 $549,842
2023 $34,315 $3,264,000 $2,703,481 $560,519
2022 $28,584 $2,700,000 $2,177,204 $522,796
2021 $5,996 $474,572 $145,131 $329,441
2020 $5,812 $469,706 $143,643 $326,063
2019 $5,686 $460,497 $140,827 $319,670
2018 $5,557 $451,468 $138,066 $313,402
2017 $5,401 $442,616 $135,359 $307,257
2016 $5,253 $433,938 $132,705 $301,233
2015 $5,043 $427,420 $130,711 $296,709
2014 $4,961 $419,048 $128,151 $290,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21250465

California Regional Multiple Listing Service (CRMLS)

APN: 670-161-28