NOT LISTED FOR SALE

Estimated Value: $5,374,000 - $6,622,000

5 Beds
5 Baths
4,683 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $3,600,000 $769 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $35,956/month

54 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Filtered Pool
  • John Malcom Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of July 2018

Luxurious custom built estate with stunning sit-down ocean, golf course, and city lights views in the prestigious Estates at Monarch Beach. This expansive 4,600 sq. ft. classic Santa Barbara architectural style home has been meticulously renovated while retaining classic lines and relaxed California elegance. Perfectly suited to southern California’s indoor-outdoor living and entertaining style, this lot is arguably the premier view lot in the Estates with dramatic ocean and sunset views from most every active living area. Five generous bedrooms, four with dedicated bath, including one bedroom downstairs currently configured as an office with private entrance and adjacent bath. Sophisticated master suite with fireplace, soaker tub, and private ocean view balcony. Elegant remodeled gourmet kitchen with coffered ceiling and top-of-the-line appliances including Wolf cook-top and hood and Subzero refrigerator. Guest bedroom suite upstairs has private entrance. Gorgeous ocean views from several guest bedrooms and their private balconies. Recent remodel inside and out. Located near world renowned beaches, resorts and shopping destinations with nearby access to boating, hiking, cycling, and more. (NOTE: To better appreciate this property before your visit please click icon above or look in details to view Video/Slideshow/3-D Tour)

Last Agent to Sell the Property

Gary Hansen

RE/MAX Select One License #01260430 Listed on: 04/16/2018

RE/MAX Select One

Last Buyer's Agent

Rebecca Pappas

Professional Real Estate Sales License #00682976

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Glass Fence
  • Masonry wall
  • Fence is in good condition
  • Drip System Landscaping
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course
  • Pool

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Interior Block Wall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,683 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Custom Window Coverings
  • Casement Windows
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Sunken Living Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Sump Pump
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Schools

  • Malcom Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 11548
  • Assessor Parcel Number 67240118

Community Details

Overview

  • Monarch Beach Master Association, Phone Number (949) 661-7767
  • Estates At Monarch Beach Association, Phone Number (949) 661-7767
  • Maintained Community

Recreation

  • Golf Course Community

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$356 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Estates At Monarch Beach (EMB)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67240118
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4683.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Sump Pump, Sunken Living Room, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Library, Master Bedroom, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 768.74
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Gunite, Heated, In Ground
  • Window Features: Casement Windows, Custom Covering, Double Pane Windows, Drapes, Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Catalina, City Lights, Coastline, Golf Course, Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Glass, Good Condition, Masonry
  • Patio And Porch Features: Deck, Enclosed, Patio, Stone, Terrace
  • Pool Features: Private, Filtered, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator, Water Purifier
  • Electric: Standard
  • Heating Type: Central, Zoned, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Estates at Monarch Beach
  • Amenities: Maintenance Grounds, Dues Paid Monthly, Pets Permitted, Guard, Controlled Access
  • Association Fee: 116.00
  • Association #2 Fee: 240.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Beach Master
  • Phone: (949) 661-7767
  • Association Phone #2: (949) 661-7767
  • Senior Community: No
  • Community Features: Golf, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Malcom
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOM
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 13840.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 43
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.38
  • Tax Lot: 39
  • Tax Tract Number: 11548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 14, 2018
Sold by
Takach James E and Takach Kathryn T
Bought by
Levin Arnold N and The Arnold N Levin And Beverly C Levin 1
Seller's Agent
Gary Hansen
RE/MAX Select One
Buyer's Agent
Rebecca Pappas
Professional Real Estate Sales
List Price
$3,799,888
Sold Price
$3,600,000
Premium/Discount to List
-$199,888
-5.26%
Current Estimated Value
$6,129,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,529,480
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Takachi James E and Takach Kathryn T
Bought by
The Takach Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2014
Closed on
Sep 5, 2014
Sold by
Reilly Dennis E O and Engelman Suzanne R
Bought by
Takach James E and Takach Kathyrn T
Seller's Agent
John Veytia
Compass
Buyer's Agent
Steve Christian
First Team Real Estate
List Price
$2,935,000
Sold Price
$2,550,000
Premium/Discount to List
-$385,000
-13.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$2,000,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2001
Sold by
Oreilly Dennis E and Engelman Suzanne R
Bought by
Oreilly Dennis E and Engelman Suzanne R

Purchase Details

Closed on
Mar 29, 1999
Sold by
Chases Mark & Chases Trust
Bought by
Oreilly Dennis E and Engelman Suzanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6%

Purchase Details

Closed on
Jan 20, 1998
Sold by
Mark Chases
Bought by
Chases Mark S and Mark S Chases Trust

Purchase Details

Closed on
Feb 23, 1994
Sold by
Humphrey Glenn E
Bought by
Chases Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levin Arnold N -- First American Title
The Takach Family Trust -- None Available
Takach James E $2,550,000 Orange Coast Title
Oreilly Dennis E -- --
Oreilly Dennis E $1,605,000 --
Chases Mark S -- Gateway Title Company
Chases Mark S -- Gateway Title Company
Chases Mark S -- Gateway Title Company
Chases Mark S $1,220,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Takach Family Trust $1,950,000
Previous Owner Takach James E $2,000,000
Previous Owner Oreilly Dennis E $350,000
Previous Owner Chases Mark S $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2018 07/24/18 Sold $3,600,000 -5.3% $769 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $3,799,888 +49.0% $811 / Sq Ft
09/29/2014 09/29/14 Sold $2,550,000 -5.5% $548 / Sq Ft View Prior Sale
08/11/2014 08/11/14 Price Changed $2,699,000 -3.6% $580 / Sq Ft
07/07/2014 07/07/14 Price Changed $2,799,000 -2.8% $602 / Sq Ft
06/21/2014 06/21/14 Price Changed $2,880,000 -1.9% $619 / Sq Ft
05/13/2014 05/13/14 For Sale $2,935,000 +15.1% $631 / Sq Ft
05/12/2014 05/12/14 Off Market $2,550,000 -- --
05/12/2014 05/12/14 For Sale $2,935,000 -- $631 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $44,493 $4,221,485 $3,463,784 $757,701
2024 $44,493 $4,138,711 $3,395,866 $742,845
2023 $43,500 $4,057,560 $3,329,280 $728,280
2022 $42,730 $3,978,000 $3,264,000 $714,000
2021 $41,027 $3,900,000 $3,200,000 $700,000
2020 $38,948 $3,672,000 $3,000,969 $671,031
2019 $37,968 $3,600,000 $2,942,126 $657,874
2018 $28,656 $2,693,477 $2,030,636 $662,841
2017 $28,050 $2,640,664 $1,990,819 $649,845
2016 $27,490 $2,588,887 $1,951,784 $637,103
2015 $26,970 $2,550,000 $1,922,466 $627,534
2014 $21,854 $2,052,596 $1,509,840 $542,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18086312

California Regional Multiple Listing Service (CRMLS)

APN: 672-401-18