$505,000
SOLD JUN 16, 2017
2 Beds
2 Baths
1,200 Sq Ft
$448/mo HOA Fee

Recently Sold

$421 Per Sq Ft

3% Below List Price

105 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • Spa
  • Community Pool

About This Home

As of June 2017

Immaculate ocean close Monarch Beach gem!!! Spacious light and bright floor plan has two over size bedrooms and two full baths. Beautiful gourmet kitchen with granite counter tops and travertine flooring that lead to a sliding glass door onto a huge serene balcony. Formal living room has a cozy fireplace to keep you warm on those breezy coastal nights. Separate formal dining room for elegant entertaining. The master bedroom is tranquil and also has sliding glass door onto balcony for stargazing or clean ocean air while you sleep. Master and secondary baths are upgraded with designer tile and travertine flooring. Located in the prestigious guard gated community of Ritz Pointe which boasts of resort-like amenities that will make you feel like you are on vacation all year around!! They include sparkling swimming pool, THREE spas (one with beautiful ocean view), fitness center and clubhouse. Walk, bike or jog to beaches, shops and one of two luxury hotels!! The only way you will disappointed is if you miss out on this amazing opportunity!!!

Last Agent to Sell the Property

John Rennie

RE/MAX One License #01269397 Listed on: 02/02/2017

Last Buyer's Agent

Shaun Hurley

Coldwell Banker Realty License #00870450

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • No Landscaping

HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936459

Community Details

Overview

  • Monarch Hills Condo Assoc Association, Phone Number (949) 838-3202

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,396

Year Built

Built in 1989

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936459
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 420.83
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Guard
  • Association Fee: 362.65
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Assoc
  • Phone: 949-838-3202
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Malcolm
  • Middle School: Marco Forester
  • High School: Dana Hills
  • Elementary School: Malcolm
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOL
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping

Multi Family

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

Tax Info

  • 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
8.08%
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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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 Type Sale Price Title Company
Grant Deed $505,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $190,000 United Title Company
Grant Deed $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,000 New Conventional
Previous Owner $204,500 New Conventional
Previous Owner $140,000 No Value Available
Previous Owner $92,800 No Value Available
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: OC17022491

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-59