NOT LISTED FOR SALE

Estimated Value: $776,000 - $891,000

2 Beds
2 Baths
1,130 Sq Ft
1989 Built

Sale Details

Date Sold: August 6, 2020

Last sale price $534,900 $473 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,622 / mo

3 Days on Market

Highlights

  • Spa
  • Peek-A-Boo Views
  • Laundry Room
  • John Malcom Elementary School Rated A
  • Walk-In Closet
  • 1 Detached Carport Space

About This Home

As of August 2020

“Beach, Beach, Beach, the beach is where I want to live.” If living less than 5,000 feet from the world famous Southern California Salt Creek beach is your dream, then this rare penthouse property is for you. Live your dream. Live at the beach. It is virtually impossible to get this close to the beach at this low affordable price. Surrounded by multimillion dollar custom estates this home is located behind the 24 hour guarded gates of Ritz Point. Named after the Ritz Carlton Hotel that is located just down the street. Ideal for that 2nd home at the beach, weekend hide away, or beach condo rental property. Regardless of how you use it, this property is an oasis away from the busy world around us. Escape to the beach, feel the ocean’s peaceful ions as you lounge at the beach and rejuvenate your soul. Then awake from the paradise of living at the beach & return the hustle and bustle of your busy work schedule.

Last Agent to Sell the Property

John Rennie

RE/MAX One License #01269397 Listed on: 06/24/2020

RE/MAX One

Last Buyer's Agent

John Rennie

RE/MAX One License #01269397 Listed on: 06/24/2020

RE/MAX One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

HOA Fees

Interior Spaces

  • 1,130 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Schools

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

Additional Features

  • Spa
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936464

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Association, Phone Number (949) 883-2600
  • Corniche Master Association
  • Keystone Pacific HOA
  • Monarch Hills Condos Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$502 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936464
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 473.36
  • Room Type: Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • View: Peek-A-Boo
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 407.00
  • Association #2 Fee: 95.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Association
  • Phone: 949-883-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Keystone Pacific

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 7, 2020
Sold by
Bought by
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
John Rennie
RE/MAX One
List Price
$534,900
Sold Price
$534,900
Current Estimated Value
$850,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,404
Avg. Annual Appreciation
8.22%
Original Mortgage
$334,900
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
0.0346%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jun 11, 2015
Sold by
Bought by
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
Linda Hartanov
Berkshire Hathaway HomeService
List Price
$524,900
Sold Price
$480,000
Premium/Discount to List
-$44,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$280,000
Interest Rate
0.0385%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
0.0345%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 Chicago Title Company
-- Lawyers Title
$480,000 Chicago Title Company
$278,000 None Available
$221,500 None Available
-- None Available
$195,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $334,900
Closed $224,000
Closed $280,000
Closed $194,600
Closed $452,167
Closed $155,000
Closed $230,000
Closed $26,000
Closed $190,000
Closed $22,500
Closed $152,500
Closed $146,250
Closed $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2020 08/06/20 Sold $534,900 0.0% $473 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/26/2020 06/26/20 Off Market $534,900 -- --
06/24/2020 06/24/20 For Sale $534,900 0.0% $473 / Sq Ft
02/25/2019 02/25/19 Rented $2,300 0.0% --
02/24/2019 02/24/19 Under Contract -- -- --
01/28/2019 01/28/19 For Rent $2,300 0.0% --
07/21/2015 07/21/15 Sold $480,000 -1.8% $400 / Sq Ft View Prior Sale
06/06/2015 06/06/15 Pending -- -- --
04/12/2015 04/12/15 Price Changed $489,000 -2.0% $408 / Sq Ft
04/06/2015 04/06/15 Price Changed $499,000 -4.9% $416 / Sq Ft
02/05/2015 02/05/15 For Sale $524,900 +9.4% $437 / Sq Ft
02/05/2015 02/05/15 Off Market $480,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,326 $578,991 $444,605 $134,386
2024 $6,326 $567,639 $435,888 $131,751
2023 $6,143 $556,509 $427,341 $129,168
2022 $5,982 $545,598 $418,962 $126,636
2021 $5,848 $534,900 $410,747 $124,153
2020 $5,584 $512,775 $386,149 $126,626
2019 $5,468 $502,721 $378,577 $124,144
2018 $5,346 $492,864 $371,154 $121,710
2017 $5,292 $483,200 $363,876 $119,324
2016 $5,244 $480,000 $361,466 $118,534
2015 $3,207 $290,538 $173,285 $117,253
2014 $3,152 $284,847 $169,890 $114,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20121788

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-64

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