NOT LISTED FOR SALE

Estimated Value: $4,399,853 - $4,577,000

4 Beds
2.5 Baths
2,631 Sq Ft
$1,707/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $2,000,000 $760 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $26,071/month

Highlights

  • White Water Ocean Views
  • Koi Pond
  • Open Floorplan
  • Moulton Elementary Rated A
  • 15,200 Sq Ft lot
  • Traditional Architecture

About This Home

As of May 2018

Gorgeous single level Monarch Bay Terrace home with extraordinary ocean views. Please do not rely on the photos to convey the feeling of the ocean view. One must see this home in person to appreciate the feeling you get elevated above Monarch Beach, gazing down at Salt Creek beach & the Ritz Carlton. Ultra private, and highly upgraded. Home has been recently remodeled, and is move in ready. Previous owner spent $400K on the artisan quality brick work, masonry, and gardens. The entry courtyard is the most peaceful, beautiful setting with a tranquil fountain. This home features huge open rooms, with soaring ceilings in all living spaces. A totally elegant house, available immediately. I can not overstate how awesome the ocean view is from here, and how mesmerizing it can be. Photos are from 2014 when last rented. Some paint colors have been changed, and some new appliances added.

Last Agent to Rent the Property

Mike Bojorquez

Keller Williams OC Coastal Realty License #01273181 Listed on: 04/06/2018

Keller Williams OC Coastal Realty

Last Renter's Agent

Howard Kent

Coldwell Banker Realty License #01942971

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,148

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Block Wall Fence
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Brick Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Golf Course
  • Bluff
  • Hills
  • Courtyard

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,631 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Plantation Shutters
  • Double Door Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Sinks
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Koi Pond
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Community Details

  • Property has a Home Owners Association
  • Mbt Association

Listing and Financial Details

  • Security Deposit $7,500
  • Rent includes gardener
  • Available 4/7/18
  • Tax Lot 37
  • Tax Tract Number 4272
  • Assessor Parcel Number 67016118

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,148

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

3

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2018-04-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 1000
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Pets Allowed: Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Ranch, Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67016118
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2631.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Unfurnished, Wet Bar
  • Stories: 1
  • Entry Location: 1 step
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2.47
  • Room Type: All Bedrooms Down, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s)
  • Room Kitchen Features: Quartz Counters, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Koi Pond
  • View: Bluff, City Lights, Coastline, Courtyard, Golf Course, Hills, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Patio, Patio Open, Wrap Around
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Brick
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: MBT
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Level with Street, Sprinkler System, Yard
  • Lot Size Sq Ft: 15200.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 37
  • Tax Tract Number: 4272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2022
Sold by
Ning Zhang
Bought by
Camino Luxury Development Llc
Current Estimated Value
$4,490,713

Purchase Details

Listed on
Oct 9, 2013
Closed on
Feb 24, 2014
Sold by
Jensen David R
Bought by
Zhang Ning
Seller's Agent
Nancy Larkin
PCM Realty & Marketing
Buyer's Agent
Mike Bojorquez
Keller Williams OC Coastal Realty
List Price
$3,450,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,450,000
-42.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Jensen David R
Bought by
Jensen David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.43%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
Camino Luxury Development Llc -- None Listed On Document
Zhang Ning $2,000,000 North American Title Company
Jensen David R -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen David R $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Rented $6,500 -7.1% --
04/15/2018 04/15/18 Price Changed $7,000 -6.7% $3 / Sq Ft
04/06/2018 04/06/18 For Rent $7,500 +25.0% --
04/27/2014 04/27/14 Rented $6,000 0.0% --
04/27/2014 04/27/14 For Rent $6,000 0.0% --
03/17/2014 03/17/14 Sold $2,000,000 -28.6% $760 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
01/23/2014 01/23/14 Price Changed $2,800,000 -6.5% $1,065 / Sq Ft
12/21/2013 12/21/13 Price Changed $2,995,000 -6.4% $1,139 / Sq Ft
11/02/2013 11/02/13 Price Changed $3,200,000 -7.2% $1,217 / Sq Ft
10/09/2013 10/09/13 For Sale $3,450,000 -- $1,312 / 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 $27,148 $2,451,721 $2,074,339 $377,382
2024 $27,148 $2,403,649 $2,033,666 $369,983
2023 $27,862 $2,356,519 $1,993,790 $362,729
2022 $26,059 $2,310,313 $1,954,696 $355,617
2021 $25,427 $2,265,013 $1,916,368 $348,645
2020 $24,965 $2,241,789 $1,896,718 $345,071
2019 $24,453 $2,197,833 $1,859,528 $338,305
2018 $23,017 $2,154,739 $1,823,067 $331,672
2017 $22,767 $2,112,490 $1,787,321 $325,169
2016 $22,354 $2,071,069 $1,752,275 $318,794
2015 $21,539 $2,039,960 $1,725,954 $314,006
2014 $6,800 $599,378 $433,979 $165,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18078520

California Regional Multiple Listing Service (CRMLS)

APN: 670-161-18