$1,200,000
SOLD OCT 30, 2020

23276 Atlantis Way Unit 40 Dana Point, CA 92629

Monarch Bay Neighborhood
3 Beds
2.5 Baths
1,858 Sq Ft
$561/mo HOA Fee

Recently Sold

$646 Per Sq Ft

17% Below List Price

260 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Fireplace in Primary Bedroom
  • Moulton Elementary Rated A
  • All Bedrooms Downstairs
  • Cathedral Ceiling

About This Home

As of June 2024

One of the best values in Monarch Beach! White Water and Catalina views are enjoyed from this spacious 3 bd. condo located in the gated community of Monarch Bay Villas. The exceptional floor plan is highlighted by soaring wood beamed ceilings, 2 tile accented fireplaces, large decks and panoramic views. The oversized Living room with fireplace, adjoining alcove and large deck offers panoramic views of the Monarch Beach Resort, Ritz Carlton, Golf Course and Catalina Island. The large eat-in kitchen opening to the enclosed front courtyard offers ample storage and counter space, a gas range and direct garage access. A formal dining room with ocean views and vaulted beamed ceilings adjoins the kitchen and over looks the Living Room. An attic with pull down ladder provides additional storage. The lower level offers 3 bedrooms and 2 baths. The ocean view master suite features a tile accented fireplace, dual sink vanity and a walk in closet. Nestled above Monarch Beach Plaza shopping and dining, this condo is the ideal location in which to enjoy coastal living. Private and gated Monarch Beach Villas offers a swimming pool, spa, gym, clubhouse and BBQ area. This gem of an enclave has only 52 units as well as a walking path to beaches and Monarch Beach Golf course.Freshly painted with new carpeting and staging. Don't miss this rare find and deal.

Last Agent to Sell the Property

Victoria Strombom

Surterre Properties License #00886773 Listed on: 01/27/2020

Surterre Properties

Last Buyer's Agent

Bryan Gerlach

Engel & Völkers Dana Point License #01906646

Engel & Völkers Dana Point

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,771

Year Built

  • Built in 1973

Lot Details

  • 1 Common Wall
  • Cul-De-Sac

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Golf Course

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Niguel Hills Middle School
  • Dana Hills High School

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7900
  • Assessor Parcel Number 93290040

Community Details

Overview

  • 52 Units
  • Monarch Bay Villas Association, Phone Number (949) 376-1923
  • Laguna Shores HOA

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Outdoor Cooking Area
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,771

Year Built

Built in 1973

Lot Details

0

HOA Fees

$561 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Bay Villas (MBV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93290040
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1858.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Brick, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 645.86
  • Room Type: All Bedrooms Down, Walk-In Closet

Exterior Features

  • View: Catalina, Coastline, Golf Course, Ocean, Panoramic
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Gym/Ex Room, Call for Rules, Controlled Access
  • Association Fee: 561.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Bay Villas
  • Phone: 949376-1923
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Laguna Shores

Schools

  • School District: Capistrano Unified
  • Middle School: Niguel Hills
  • High School: Dana Hills
  • High School: Dana Hills
  • Middle Or Junior School: Niguel Hills
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 52
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 1
  • Tax Tract Number: 7900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
May 24, 2024
Sold by
Forte Living Llc
Bought by
Zhou Fei and Zhang Yi
Seller's Agent
Bryan Gerlach
Engel & Völkers Dana Point
Buyer's Agent
Chad Concolino
Main Beach Realty
List Price
$2,195,000
Sold Price
$1,900,000
Premium/Discount to List
-$295,000
-13.44%
Views
2137
Current Estimated Value
$1,975,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,852
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Oct 16, 2020
Sold by
Burke Phyllis A and The Phyllis A Burke Living Tru
Bought by
Forte Living Llc
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Bryan Gerlach
Engel & Völkers Dana Point
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Michaels Ivan V
Bought by
Burke Phyllis A and Living Trust Of Phyllis A Burke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,900,000 Pacific Coast Title
Grant Deed $1,200,000 Ticor Title
Individual Deed $322,000 Landwood Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,268,302 Construction
Previous Owner $1,113,052 Construction
Previous Owner $222,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $1,900,000 -4.8% $1,023 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $1,995,000 -4.8% $1,074 / Sq Ft
01/09/2024 01/09/24 Price Changed $2,095,000 -2.3% $1,128 / Sq Ft
01/05/2024 01/05/24 Price Changed $2,145,000 -2.3% $1,154 / Sq Ft
11/04/2023 11/04/23 For Sale $2,195,000 +82.9% $1,181 / Sq Ft
10/30/2020 10/30/20 Sold $1,200,000 -5.1% $646 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $1,265,000 -8.0% $681 / Sq Ft
03/16/2020 03/16/20 Price Changed $1,375,000 -5.2% $740 / Sq Ft
01/27/2020 01/27/20 For Sale $1,450,000 -- $780 / 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
2024 $14,771 $1,273,449 $1,112,548 $160,901
2023 $14,934 $1,248,480 $1,090,733 $157,747
2022 $13,972 $1,224,000 $1,069,346 $154,654
2021 $13,519 $1,200,000 $1,048,378 $151,622
2020 $6,100 $479,526 $300,669 $178,857
2019 $5,944 $470,124 $294,774 $175,350
2018 $5,804 $460,906 $288,994 $171,912
2017 $5,616 $451,869 $283,327 $168,542
2016 $5,494 $443,009 $277,771 $165,238
2015 $5,365 $436,355 $273,599 $162,756
2014 $5,282 $427,808 $268,240 $159,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20018869

California Regional Multiple Listing Service (CRMLS)

APN: 932-900-40