NOT LISTED FOR SALE

Estimated Value: $835,371 - $1,098,000

2 Beds
2 Baths
1,165 Sq Ft
1988 Built

Last Sold June 16, 2017

Last sale price $505,000 $433 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,632/month

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of April 2023

This is the fabulous ocean close Monarch Beach end unit condo that you have been waiting for! Spacious second story two bedroom and two full bath unit is ready for a new tenant. The floor plan is light and bright with neutral designer colors and flooring. The living room has a cozy fireplace and slider to access the wraparound balcony. There is a separate formal dining room for those evenings that you want to entertain. The spacious galley kitchen has granite counter tops and travertine flooring. It also has a slider that opens up to the balcony. The large master bedroom has a walk-in closet and access to the tranquil balcony. The master and secondary bathrooms have been updated with designer tile and travertine flooring. The property is located in the guard gated community of Ritz Pointe. The community amenities include a pool, three spas, fitness center, and clubhouse. You can walk or bike to the Waldorf Astoria Monarch Beach Resort, Ritz Carlton and Salt Creek Beach as well as downtown Dana Point shops and restaurants. The refrigerator, washer and dryer are included with the condo. Water and trash collection are included in the rent as well. Unit has one carport #268.

Last Agent to Rent the Property

Bonnie Foley

First Team Real Estate License #01371482 Listed on: 03/12/2023

First Team Real Estate

Last Renter's Agent

Roslyn Lauterbach

Luxre Realty, Inc. License #02147268

Luxre Realty, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • End Unit
  • Two or More Common Walls
  • Wood Fence
  • Landscaped

Property Views

  • Neighborhood
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Common Roof
  • Stucco

Interior Spaces

  • 1,165 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Pool

  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/1/23
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936459

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • $30 HOA Transfer Fee
  • 325 Units
  • Monarch Hills Condo Assoc Association, Phone Number (949) 838-3202
  • Monarch Hills Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,396

Year Built

Built in 1988 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2023-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Call, Size Limit
  • Transfer Fees: 30.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Inclusions: Washer, dryer and refrigerator, water and trash collection
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936459
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1165.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Unfurnished
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Stone
  • Accessibility Features: Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.77
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Granite Counters, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Courtyard, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Wrap Around
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Outside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Guard, Maintenance Front Yard
  • Association Name: Monarch Hills Condo Assoc
  • Phone: 949-838-3202
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Near Public Transit, Park Nearby

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 325
  • Number Of Units Total: 325
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water
  • Waterfront Features: Ocean Side of Freeway

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
May 31, 2017
Sold by
Witt Kathleen L
Bought by
Krasner Marina
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
Shaun Hurley
Coldwell Banker Realty
List Price
$519,000
Sold Price
$505,000
Premium/Discount to List
-$14,000
-2.7%
Current Estimated Value
$961,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,593
Avg. Annual Appreciation
8.07%
Original Mortgage
$404,000
Outstanding Balance
$336,044
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$625,549

Purchase Details

Closed on
Mar 6, 2008
Sold by
Witt Kathleen L
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
$204,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2001
Sold by
Witt Kathleen L
Bought by
Witt Kathleen L and Witt Living Trust

Purchase Details

Closed on
Sep 13, 2000
Sold by
John Michael Kenneth
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
$140,000
Interest Rate
7.96%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Michael Kenneth John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.79%
Source: Public Records

Range of Values:

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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
Krasner Marina $505,000 Chicago Title Company
Witt Kathleen L -- None Available
Witt Kathleen L -- --
Witt Kathleen L $190,000 United Title Company
Michael Kenneth John $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krasner Marina $404,000
Previous Owner Witt Kathleen L $204,500
Previous Owner Witt Kathleen L $140,000
Previous Owner Michael Kenneth John $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Rented $3,225 -2.3% --
04/03/2023 04/03/23 Under Contract -- -- --
03/26/2023 03/26/23 Off Market $3,300 -- --
03/12/2023 03/12/23 For Rent $3,300 +6.5% --
07/30/2022 07/30/22 Rented $3,100 -1.6% --
07/25/2022 07/25/22 Under Contract -- -- --
07/22/2022 07/22/22 Off Market $3,150 -- --
07/10/2022 07/10/22 Price Changed $3,150 -1.6% $3 / Sq Ft
04/26/2022 04/26/22 For Rent $3,200 +28.0% --
09/12/2020 09/12/20 Rented $2,500 0.0% --
09/08/2020 09/08/20 Under Contract -- -- --
09/02/2020 09/02/20 For Rent $2,500 +7.5% --
10/14/2017 10/14/17 Rented $2,325 -2.1% --
09/30/2017 09/30/17 Price Changed $2,375 -0.8% $2 / Sq Ft
09/16/2017 09/16/17 Price Changed $2,395 -0.2% $2 / Sq Ft
08/29/2017 08/29/17 Price Changed $2,399 -2.9% $2 / Sq Ft
08/19/2017 08/19/17 Price Changed $2,470 -0.2% $2 / Sq Ft
07/30/2017 07/30/17 For Rent $2,475 0.0% --
06/16/2017 06/16/17 Sold $505,000 -2.7% $421 / Sq Ft
02/02/2017 02/02/17 For Sale $519,000 0.0% $433 / Sq Ft
10/25/2015 10/25/15 Rented $1,995 -13.1% --
09/23/2015 09/23/15 Price Changed $2,295 +4.3% $2 / Sq Ft
08/09/2015 08/09/15 For Rent $2,200 +25.7% --
04/18/2012 04/18/12 Rented $1,750 0.0% --
04/18/2012 04/18/12 Under Contract -- -- --
02/17/2012 02/17/12 For Rent $1,750 -- --
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 $6,396 $586,094 $453,407 $132,687
2024 $6,396 $574,602 $444,516 $130,086
2023 $6,212 $563,336 $435,800 $127,536
2022 $6,050 $552,291 $427,255 $125,036
2021 $5,914 $541,462 $418,877 $122,585
2020 $5,889 $535,910 $414,581 $121,329
2019 $5,768 $525,402 $406,452 $118,950
2018 $5,642 $515,100 $398,482 $116,618
2017 $2,900 $246,681 $112,822 $133,859
2016 $2,829 $241,845 $110,610 $131,235
2015 $2,674 $238,213 $108,949 $129,264
2014 $2,629 $233,547 $106,815 $126,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23038774

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-59