NOT LISTED FOR SALE

Estimated Value: $2,371,777 - $2,558,000

4 Beds
2.5 Baths
2,393 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,700,000 $710 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $15,410/month

3 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Updated Kitchen
  • John Malcom Elementary School Rated A
  • Ocean Side of Freeway
  • Open Floorplan

About This Home

As of March 2021

Enjoy stunning ocean, Catalina, and San Clemente island views from this completely remodeled home! Located in the Montego tract of the guard-gated community of Monarch Beach, this home is within walking distance from Salt Creek beach. The open floor plan maximizes the ocean views
from the living room, dining room, and kitchen, and is perfect for entertaining. The kitchen features granite counters and stainless-steel appliances
including a five-burner Thermador cooktop. The large kitchen island also serves as a breakfast bar, with room for bar stools. The dining room has a
built-in wine cabinet, fireplace, and large windows for watching the boats sail by. A slider opens into a backyard oasis, with a lawn, palm trees, a
firepit table, and a built-in gas patio heater for year-round entertaining. Garden beds, as well as fruit trees, allow you to grow your own fruits and vegetables. A large, remodeled half bath completes the downstairs. Upstairs, the bright master bedroom, bath, and deck all have ocean views. Features include two walk-in closets, updated shower and double sink vanity. Three more bedrooms are bright and airy. One connects to an
additional loft/office by a barn door, allowing for flexible space. A remodeled bathroom features a textured shower with bench. Recessed LED lighting throughout. Two-car garage with lots of storage. The welcoming entryway is lined with tropical plants.
Welcome home to your ocean-close, ocean-view piece of paradise in Monarch Beach.

Last Agent to Sell the Property

Cyndi Elders

Keller Williams OC Coastal Realty License #01310480 Listed on: 03/04/2021

Keller Williams OC Coastal Realty

Last Buyer's Agent

Jacqueline Thompson

Coldwell Banker Realty License #01476106

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,569

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 4,185 Sq Ft Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Back and Front Yard

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Catalina

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,393 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Custom Window Coverings
  • Family Room Off Kitchen
  • Dining Room with Fireplace
  • Loft

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Dana Hills High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 15054
  • Assessor Parcel Number 67248545

Community Details

Overview

  • Montego At Mb Master Association, Phone Number (949) 661-7767
  • Ammcor HOA
  • Montego Subdivision, A Plan 1

Amenities

  • Picnic Area

Recreation

  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,569

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator (ice maker is not operable), Firepit Table and 6 chairs in backyard
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Montego (MONT)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67248545
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2393.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 710.41
  • Room Type: All Bedrooms Up, Loft, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Custom Covering, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Remodeled, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Ocean, Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Concrete, Deck, Patio
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Pet Rules, Management, Guard
  • Association Fee: 255.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Montego at MB Master
  • Phone: 949-661-7767
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights
  • Association Management: AMMCOR

Schools

  • School District: Capistrano Unified
  • High School: Dana Hills
  • High School: Dana Hills
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 4185.00
  • Lot Size Acres: 0.0961
  • Latitude Manual: 33.48697100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4185.0000 Square Feet
  • Number Of Units In Community: 72
  • Number Of Units Total: 72
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.38
  • Tax Lot: 8
  • Tax Tract Number: 15054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 26, 2021
Sold by
Pedersen Jeffrey Todd and Kessler Lynn Pedersen
Bought by
Gonzalez Casimiro and Gonzalez Susan M
Seller's Agent
Cyndi Elders
Keller Williams OC Coastal Realty
Buyer's Agent
Jacqueline Thompson
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,700,000
Premium/Discount to List
$150,000
9.68%
Current Estimated Value
$2,471,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,694
Avg. Annual Appreciation
8.84%
Original Mortgage
$822,375
Outstanding Balance
$741,745
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,729,949

Purchase Details

Closed on
Dec 18, 2020
Sold by
Pedersen Jeffrey and Kessler Michelle Lynn
Bought by
Jeffrey Todd Pedersen and Jeffrey Michelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,700
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2020
Sold by
Pedersen Jeffrey and Kessler Michelle Pedersen
Bought by
Pedersen Jeffrey and Kessler Michelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2019
Sold by
Pedersen Jeffrey T and Pedersen Michelle L
Bought by
Pedersen Pedersen Jeffrey Todd Jeffrey Todd and Pedersen Kessler Michelle Lynn

Purchase Details

Closed on
Aug 2, 2012
Sold by
Pedersen Jeffrey and Kessler Michelle
Bought by
Pedersen Jeffrey T and Kessler Michelle L Pedersen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,150
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2011
Sold by
Laird Bettejean Theora
Bought by
Pedersen Jeffrey and Kessler Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1997
Sold by
Mb 72 Partners
Bought by
Laird Bettejean Theora
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
Gonzalez Casimiro $1,700,000 First Amer Ttl Co Res Div
Jeffrey Todd Pedersen -- Accommodation/Courtesy Recordi
Pedersen Jeffrey -- Chicago Title
Pedersen Jeffrey -- Accommodation
Pedersen Jeffrey -- Chicago Title Company
Pedersen Pedersen Jeffrey Todd Jeffrey Todd -- None Available
Pedersen Jeffrey T -- North American Title Co Inc
Pedersen Jeffrey $840,000 California Title Company
Laird Bettejean Theora $434,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Casimiro $822,375
Previous Owner Pedersen Jeffrey $761,700
Previous Owner Pedersen Jeffrey $765,000
Previous Owner Pedersen Jeffrey T $618,150
Previous Owner Pedersen Jeffrey $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,700,000 +9.7% $710 / Sq Ft
03/09/2021 03/09/21 For Sale $1,550,000 -8.8% $648 / Sq Ft
03/07/2021 03/07/21 Off Market $1,700,000 -- --
03/07/2021 03/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,550,000 -- $648 / 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 $20,569 $1,847,504 $1,502,226 $345,278
2024 $20,569 $1,811,279 $1,472,771 $338,508
2023 $19,988 $1,775,764 $1,443,893 $331,871
2022 $19,429 $1,734,000 $1,415,581 $318,419
2021 $11,619 $1,011,617 $689,666 $321,951
2020 $11,921 $1,001,245 $682,595 $318,650
2019 $11,516 $981,613 $669,211 $312,402
2018 $11,423 $962,366 $656,089 $306,277
2017 $10,654 $909,097 $643,225 $265,872
2016 $10,331 $891,272 $630,613 $260,659
2015 $9,866 $877,885 $621,141 $256,744
2014 $9,700 $860,689 $608,974 $251,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21044390

California Regional Multiple Listing Service (CRMLS)

APN: 672-485-45