NOT LISTED FOR SALE

Estimated Value: $868,771 - $974,000

2 Beds
2 Baths
1,165 Sq Ft
$621/mo HOA Fee

Last Sold February 06, 2024

Last sale price $840,000 $721 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,892/month

132 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Updated Kitchen
  • John Malcom Elementary School Rated A
  • Spa
  • Clubhouse

About This Home

As of February 2024

RESORT LIKE LIVING AT THE BEACH! This first floor, single level, 2 bedroom, 2 bathroom condo located in the 24 hour guard-gated Monarch Hills community is a rare find! Walk to Salt Creek beach through the neighborhood along a beautiful hiking trail and golf course. You will be awed by this stunningly remodeled end unit inside the prestigious community of Ritz Pointe. Every room has been thoughtfully upgraded with tile flooring throughout, window shutters, recessed lighting, a bar nook, opened up wall from the kitchen to dining room, pendulum lights over the quartz counter, stainless steel sink and appliances, aquamarine glass tile backsplash, mirrored dining room wall, exquisite magazine-worthy bathroom remodels and much more. The living room has a gas fireplace. Both master and guest bedrooms have large walk-in closets. Wrap around patio has three separate slider entrances from each room and a separate laundry closet. There is an outdoor storage closet in the front of the house and as an added bonus, you will have a detached one car garage. The association amenities include pool and spas…one with an incredible ocean view…a clubhouse and gym. This community is just down the street from The Waldorf Astoria Monarch Beach Resort and Golf Course. Dana Point Harbor, The Ritz Carlton, dining and shopping are all nearby. Welcome home!

Last Agent to Sell the Property

Cyndi Elders

Keller Williams OC Coastal Realty License #01310480 Listed on: 09/08/2023

Keller Williams OC Coastal Realty

Last Buyer's Agent

Helen Borisoff

Coldwell Banker Realty License #01911986

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,546

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Wood Fence

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Wrap Around Porch
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Dana Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936455
  • $469 per year additional tax assessments

Community Details

Overview

  • 325 Units
  • Monarch Hills Association, Phone Number (949) 508-1588
  • Action Property Management Association, Phone Number (949) 450-0202
  • Powerstone Property Management HOA
  • Monarch Hills Condos Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,546

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$621 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Kitchen Refrigerator, Kitchen Wine Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936455
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1165.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 721.03
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows, Plantation Shutters, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Exhaust Fan(s), Main Floor Full Bath, Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered, Patio, Wrap Around
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Free-Standing Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Outside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Monarch Hills Master
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Call for Rules, Controlled Access
  • Association Fee: 511.12
  • Association #2 Fee: 110.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills
  • Phone: 949-508-1588
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Powerstone Property Management
  • Association Management 2: Action Property Management

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: Greenbelt, Level with Street
  • Latitude Manual: 33.48740900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 325

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Tract Number: 13434
  • TaxOtherAnnualAssessmentAmount: 469.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Apr 5, 2024
Sold by
Ronald Irvin Raether and Marley Jane
Bought by
Ronald Irvin Raether Jr And Marley Jane Raeth and Raether
Seller's Agent
Cyndi Elders
Keller Williams OC Coastal Realty
Buyer's Agent
Helen Borisoff
Coldwell Banker Realty
List Price
$890,000
Sold Price
$840,000
Premium/Discount to List
-$50,000
-5.62%
Views
613
Current Estimated Value
$918,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,193
Avg. Annual Appreciation
4.10%
Original Mortgage
$672,000
Outstanding Balance
$662,684
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$233,412

Purchase Details

Listed on
Sep 8, 2023
Closed on
Jan 25, 2024
Sold by
Gail Lee Williss Revocable Trust
Bought by
Ronald Irvin Raether Jr And Marley Jane Raeth and Raether
Seller's Agent
Cyndi Elders
Keller Williams OC Coastal Realty
Buyer's Agent
Helen Borisoff
Coldwell Banker Realty
List Price
$890,000
Sold Price
$840,000
Premium/Discount to List
-$50,000
-5.62%
Views
613

Purchase Details

Closed on
Aug 20, 2018
Sold by
Williss Gail Lee
Bought by
Williss Gail Lee and Gail Lee Williss Revocable Trust

Purchase Details

Closed on
Jun 21, 2017
Sold by
Williss Gail Lee and Williss Gail L
Bought by
Williss Gail Lee

Purchase Details

Closed on
Feb 3, 2017
Sold by
Williss Gail Lee and Williss Gail L
Bought by
Williss Gail Lee

Purchase Details

Closed on
Mar 31, 2010
Sold by
Witt Kathleen L
Bought by
Williss Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Pool Jessica
Bought by
Witt Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Witt Kathleen L
Bought by
Witt Kathleen L and Witt Living Trust

Purchase Details

Closed on
May 19, 2006
Sold by
Rogers Charlene and Rogers Ruth E
Bought by
Witt Kathleen L and Pool Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1997
Sold by
Charlene Rogers and Charlene Ruth E
Bought by
Monarch Beach Venture Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
6.62%
Mortgage Type
Unknown
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
Ronald Irvin Raether Jr And Marley Jane Raeth -- Ticor Title
Ronald Irvin Raether Jr And Marley Jane Raeth $840,000 Wfg National Title Company
Williss Gail Lee -- None Available
Williss Gail Lee -- First American Title Company
Williss Gail Lee -- First American Title Company
Williss Gail L $315,000 Chicago Title Company
Witt Kathleen L -- Chicago Title Company
Witt Kathleen L -- None Available
Witt Kathleen L $460,000 Equity Title Company
Monarch Beach Venture Ltd -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronald Irvin Raether Jr And Marley Jane Raeth $672,000
Previous Owner Williss Gail Lee $163,300
Previous Owner Williss Gail L $213,000
Previous Owner Witt Kathleen L $245,000
Previous Owner Rogers Charlene $67,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $840,000 -1.2% $721 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $850,000 -2.9% $730 / Sq Ft
11/15/2023 11/15/23 Price Changed $875,000 -1.7% $751 / Sq Ft
09/08/2023 09/08/23 For Sale $890,000 -- $764 / 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 $4,546 $856,800 $698,111 $158,689
2024 $4,546 $398,630 $248,862 $149,768
2023 $4,399 $390,814 $243,982 $146,832
2022 $4,270 $383,151 $239,198 $143,953
2021 $4,167 $375,639 $234,508 $141,131
2020 $4,158 $371,788 $232,104 $139,684
2019 $4,071 $364,499 $227,553 $136,946
2018 $3,975 $357,352 $223,091 $134,261
2017 $3,877 $350,346 $218,717 $131,629
2016 $3,788 $343,477 $214,428 $129,049
2015 $3,623 $338,318 $211,207 $127,111
2014 $3,558 $331,691 $207,069 $124,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23167775

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-55