NOT LISTED FOR SALE

25131 Terrace Lantern Unit 8 Dana Point, CA 92629

Estimated Value: $1,041,000 - $1,112,000

2 Beds
1.5 Baths
1,062 Sq Ft
$302/mo HOA Fee

Last Sold October 20, 2023

Last sale price $992,000 $934 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,213/month

4 Days on Market

Highlights

  • No Units Above
  • Deck
  • Open to Family Room
  • Marco Forster Middle School Rated A-
  • Covered patio or porch
  • Family Room Off Kitchen

About This Home

As of October 2023

Extremely rare Pacific Terrace condo in the heart of Lantern Village and just a short stroll from Dana Point’s best amenities. A private gated stairway leads from the condo complex to Lantern Bay Park and from there it’s just steps to the sand and sea at Doheny Beach. From perfect summer longboarding waves or paddleboarding on calm mornings, to music and art festivals, being this close to Doheny Beach is the ultimate expression of SoCal beach lifestyle. But it’s not just about the beach – local favorites such as Stacks Pancake House, The Rib Joint, and Dana Point Ale House are also nearby. Before going out for the evening, entertain friends in the open concept great room where a large kitchen island faces toward the living and dining rooms. Or, enjoy a vista of trees and rolling hills from the spacious balcony off the living room while sipping margaritas and catching up. Upstairs, there is a large main bedroom with plenty of space for a king bed, convenient indoor laundry machines, and a spacious bathroom with a tub. This condo also includes two covered parking spaces located directly at the front door – no more schlepping groceries from some faraway parking lot. The carport area includes a storage cabinet and freestanding locker for beach gear. Low HOA dues and no Mello-Roos.

Last Agent to Sell the Property

Markus Brown

First Team Real Estate License #01441782 Listed on: 10/06/2023

First Team Real Estate

Last Buyer's Agent

Neal Schnitzer

Anvil Real Estate License #02098918

Anvil Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,547

Year Built

  • Built in 1984

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $302 Monthly HOA Fees

Interior Spaces

  • 1,062 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating

Community Details

  • 40 Units
  • Pacific Terrace HOA, Phone Number (949) 481-0555
  • Tsg Independent Pm HOA
  • Pacific Terrace Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11843
  • Assessor Parcel Number 93613017
  • $469 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,547

Year Built

Built in 1984

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Pacific Terrace (PACT)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93613017
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1062.00 Square Feet
  • Stories: 2
  • Entry Location: ground level
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 934.09
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 302.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Terrace HOA
  • Phone: 949-481-0555
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: TSG Independent PM

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 2
  • Tax Tract Number: 11843
  • TaxOtherAnnualAssessmentAmount: 469.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Boland Ellen Kay
Bought by
Ellen Kay Boland Living Trust and Boland
Current Estimated Value
$1,082,782

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 12, 2023
Sold by
Maddigan Daniel R and Maddigan Heather A
Bought by
Boland Ellen Kay
Seller's Agent
Markus Brown
First Team Real Estate
Buyer's Agent
Neal Schnitzer
Anvil Real Estate
List Price
$925,000
Sold Price
$992,000
Premium/Discount to List
$67,000
7.24%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 3, 2016
Sold by
Manrique Martin H and Manrique Ana M
Bought by
Maddigan Daniel R and Maddigan Heather A
Seller's Agent
MARTIN MANRIQUE
MARTIN MANRIQUE
Buyer's Agent
Markus Brown
First Team Real Estate
List Price
$499,000
Sold Price
$504,000
Premium/Discount to List
$5,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$378,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Heddon Curtis
Bought by
The Martin & Ana Manrique Living Revocab

Purchase Details

Closed on
May 30, 1995
Sold by
Palmer Charlotte J
Bought by
Palmer Charlotte

Purchase Details

Closed on
Mar 28, 1995
Sold by
Palmer Charlotte Mae
Bought by
Palmer Charlotte and The Charlotte Palmer Revocable Trust
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 Buyer Sale Price Title Company
Ellen Kay Boland Living Trust -- None Listed On Document
Boland Ellen Kay $992,000 California Title Company
Maddigan Daniel R $504,000 First American Title Company
The Martin & Ana Manrique Living Revocab $395,000 First American Title Co
Palmer Charlotte -- --
Palmer Charlotte -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maddigan Daniel R $378,000
Previous Owner Palmer Charlotte $250,000
Previous Owner Palmer Charlotte $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $992,000 +7.2% $934 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $925,000 +83.5% $871 / Sq Ft
06/09/2016 06/09/16 Sold $504,000 +1.0% $475 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $499,000 0.0% $470 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $499,000 -- $470 / 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 $10,547 $992,000 $897,567 $94,433
2023 $6,244 $573,462 $489,816 $83,646
2022 $6,079 $562,218 $480,212 $82,006
2021 $5,942 $551,195 $470,796 $80,399
2020 $5,915 $545,544 $465,969 $79,575
2019 $5,793 $534,848 $456,833 $78,015
2018 $5,664 $524,361 $447,875 $76,486
2017 $5,534 $514,080 $439,093 $74,987
2016 $4,373 $395,000 $318,543 $76,457
2015 $1,357 $116,599 $23,674 $92,925
2014 $1,334 $114,315 $23,210 $91,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23186847

California Regional Multiple Listing Service (CRMLS)

APN: 936-130-17