NOT LISTED FOR SALE

Estimated Value: $1,319,000 - $2,155,000

3 Beds
3 Baths
1,630 Sq Ft
$355/mo HOA Fee

Last Sold February 27, 2015

Last sale price $765,000 $469 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $10,728/month

61 Days on Market

Highlights

  • White Water Ocean Views
  • Loft
  • 1 Car Attached Garage
  • Moulton Elementary Rated A
  • Community Pool
  • Laundry Room

About This Home

As of February 2015

Ocean view condo in Monarch Bay Villas. White water views from all major rooms. An upstairs loft converted to 3rd bedroom. High ceilings and lots of windows with views. Upgraded kitchen cabinet, granite counter top. Association pool. Near by Montage, Ritz Carlton etc.

Last Agent to Sell the Property

Akiko Sasaki

JA Realty, Inc. License #01510252 Listed on: 12/02/2014

Last Buyer's Agent

Kathryn Samuel

First Team Real Estate License #00832012

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,638

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • No Landscaping

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Interior Spaces

  • 1,630 Sq Ft Home
  • Loft
  • White Water Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7900
  • Assessor Parcel Number 93290050

Community Details

Overview

  • 45 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,638

Year Built

Built in 1973

Lot Details

0

HOA Fees

$355 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Bay Villas (MBV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93290050
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1630.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 469.33
  • Room Type: Loft

Exterior Features

  • View: Ocean, White Water
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 355.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 45

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2016
Sold by
Morris Kenneth R and Morris Jennifer C
Bought by
Morris Kenneth Richard and Morris Jennifer Chien Ju
Current Estimated Value
$1,782,229

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 26, 2015
Sold by
Tanaka Makoto
Bought by
Morris Jennifer C and Morris Kenneth R
Seller's Agent
Akiko Sasaki
JA Realty, Inc.
Buyer's Agent
Kathryn Samuel
First Team Real Estate
List Price
$800,000
Sold Price
$765,000
Premium/Discount to List
-$35,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$612,000
Outstanding Balance
$467,516
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$1,314,713

Purchase Details

Listed on
Apr 4, 2011
Closed on
Mar 16, 2012
Sold by
Edge Michelle
Bought by
Tanaka Makoto
Seller's Agent
Laura Archer
Coldwell Banker Realty
Buyer's Agent
Taisuke Kuboyama
Taisuke Kuboyama, Broker
List Price
$950,000
Sold Price
$625,000
Premium/Discount to List
-$325,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Venison Barry
Bought by
Edge Michelle

Purchase Details

Closed on
Apr 19, 2005
Sold by
Steffanci Thomas
Bought by
Edge Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Payne Thomas and Payne Mary C
Bought by
Edge Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.34%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 1, 2003
Sold by
Payne Mary Helene
Bought by
Payne Mary Helene and Mary Helene Payne Living Trust

Purchase Details

Closed on
Jan 23, 2002
Sold by
Lococo Nick P and Lococo Norma E
Bought by
Payne Thomas G and Payne Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.8%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Lococo Nick P and Lococo Norma E
Bought by
Lococo Nick P and Lococo Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 25, 1995
Sold by
Singer Thomas X
Bought by
Singer Thomas X
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
Morris Kenneth Richard -- None Available
Morris Jennifer C $765,000 Title 365
Tanaka Makoto $625,000 Lawyers Title
Edge Michelle -- None Available
Edge Michelle -- California Title
Edge Michelle $1,055,000 California Title
Payne Mary Helene -- --
Payne Thomas G $550,000 First American Title Co
Lococo Nick P -- --
Lococo Nick P $369,000 Chicago Title Insurance Co
Singer Thomas X -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jennifer C $612,000
Previous Owner Edge Michelle $720,000
Previous Owner Payne Thomas G $440,000
Previous Owner Lococo Nick P $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2015 02/27/15 Sold $765,000 -1.8% $469 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
01/30/2015 01/30/15 Price Changed $779,000 -2.4% $478 / Sq Ft
01/08/2015 01/08/15 Price Changed $798,000 -0.3% $490 / Sq Ft
12/02/2014 12/02/14 For Sale $800,000 +28.0% $491 / Sq Ft
04/27/2012 04/27/12 Sold $625,000 -3.8% $383 / Sq Ft View Prior Sale
02/20/2012 02/20/12 Price Changed $650,000 +4.8% $399 / Sq Ft
01/03/2012 01/03/12 Price Changed $620,000 +4.2% $380 / Sq Ft
12/22/2011 12/22/11 Price Changed $595,000 -5.4% $365 / Sq Ft
10/11/2011 10/11/11 Price Changed $629,000 -3.1% $386 / Sq Ft
10/03/2011 10/03/11 Price Changed $649,000 -4.4% $398 / Sq Ft
09/13/2011 09/13/11 Price Changed $679,000 -2.3% $417 / Sq Ft
09/02/2011 09/02/11 Price Changed $695,000 -0.6% $426 / Sq Ft
08/05/2011 08/05/11 Price Changed $699,000 -12.5% $429 / Sq Ft
07/28/2011 07/28/11 Price Changed $799,000 -10.7% $490 / Sq Ft
04/27/2011 04/27/11 Price Changed $895,000 -3.2% $549 / Sq Ft
04/15/2011 04/15/11 Price Changed $925,000 -2.6% $567 / Sq Ft
04/04/2011 04/04/11 For Sale $950,000 -- $583 / 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 $10,638 $919,410 $766,975 $152,435
2024 $10,638 $901,383 $751,936 $149,447
2023 $10,363 $883,709 $737,192 $146,517
2022 $10,090 $866,382 $722,737 $143,645
2021 $9,948 $849,395 $708,566 $140,829
2020 $9,675 $840,686 $701,301 $139,385
2019 $9,452 $824,202 $687,550 $136,652
2018 $9,251 $808,042 $674,069 $133,973
2017 $8,984 $792,199 $660,852 $131,347
2016 $8,936 $776,666 $647,894 $128,772
2015 $8,466 $756,862 $602,264 $154,598
2014 $8,323 $742,037 $590,467 $151,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14251794

California Regional Multiple Listing Service (CRMLS)

APN: 932-900-50