NOT LISTED FOR SALE

Estimated Value: $1,244,000 - $1,475,000

2 Beds
2 Baths
1,504 Sq Ft
$889/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $885,000 $588 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,063/month

Highlights

  • Ocean View
  • Fitness Center
  • Open Floorplan
  • Moulton Elementary Rated A
  • Spa
  • Clubhouse

About This Home

As of May 2023

You will enjoy panoramic sunrise views in this 2 bedroom end unit in Monarch Summit I. Situated at the end of a cul-de-sac, this single level home has a private courtyard entry, lots of natural light, great room with a cozy fireplace, updated kitchen with granite counters, stainless steel appliances, breakfast counter and dining area, plus refrigerator, washer, and dryer, upgraded flooring and custom window shades throughout, and upgraded bathrooms. The attached 2 car garage has direct access to the kitchen. Monarch Summit I has 2 pools within walking distance, 2 spas, clubhouse, walking trails, and is a short drive to the beach. Close to Dana Point, Laguna Beach, The Ritz Carlton, golfing, shopping, dining, and so much more!

Last Agent to Rent the Property

Amy Mabante

Dragonfly Properties Inc. License #01883082 Listed on: 05/05/2023

Last Renter's Agent

Christopher Lardie

HomeSmart, Evergreen Realty License #01929117

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,334

Year Built

  • Built in 1973

Lot Details

  • 2,930 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Shared Driveway

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Atrium Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Retreat
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 5/8/23
  • Tax Lot 123
  • Tax Tract Number 5732
  • Assessor Parcel Number 65806307

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • $100 HOA Transfer Fee
  • Monarch Summit I Subdivision
  • Mountainous Community

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,334

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-05-08
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Monarch Summit I (MS1)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 65806307
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1504.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Quartz Counters, Unfurnished
  • Stories: 1
  • Entry Location: Front courtyard
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Accessibility Features: Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Atrium Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.99
  • Room Type: All Bedrooms Down, Bonus Room, Great Room, Kitchen, Laundry, Retreat
  • Spa Features: Association
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Ocean, Peek-A-Boo
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, In Kitchen, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Billiard Room, Maintenance Front Yard
  • Senior Community: No
  • Community Features: Biking, Hiking, Mountainous, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 2930.00
  • Lot Size Acres: 0.0673

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2930.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 123
  • Tax Tract Number: 5732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Aug 2, 2021
Sold by
Matranga Judith M and The Judith M Matranga 2020 Tru
Bought by
Mitra Carrara Property Llc
Seller's Agent
Jeffrey Maass
Compass
Buyer's Agent
Jodie Conneely
Coldwell Banker Realty
List Price
$885,000
Sold Price
$885,000
Current Estimated Value
$1,337,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,082
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Nov 16, 2020
Sold by
Matranga Michael W and Matranga Tracy
Bought by
Matranga Judith M and The Judith M Matranga 2020 Tru

Purchase Details

Closed on
Aug 17, 2016
Sold by
Matranga Michael W and Matranga Tracy A
Bought by
Matranga Michael W and Matranga Tracy

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
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2016
Sold by
Matranga Michael W and Matranga Tracy A
Bought by
Matranga Michael W and Matranga Tracy A

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
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Matranga Judith M
Bought by
Matranga Michael W and Matranga Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Matranga Michael W and Matranga Tracy A
Bought by
Matranga Michael W and Matranga Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2004
Sold by
Stevens Benjamin C and Louise Stevens M
Bought by
Matranga Mike and Matranga Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1997
Sold by
Makinen John T and Makinen Trust
Bought by
Stevens Benjamin C and Louise Stevens M
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
Mitra Carrara Property Llc $885,000 Orange Coast Title Co
Matranga Judith M -- None Available
Matranga Michael W -- Accommodation
Matranga Michael W -- Accommodation
Matranga Michael W -- Accommodation
Matranga Michael W -- First American Title Company
Matranga Mike $525,000 United Title Company
Stevens Benjamin C $201,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matranga Michael W $213,000
Previous Owner Matranga Michael W $230,000
Previous Owner Matranga Mike $333,700
Closed Matranga Mike $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Rented $4,500 0.0% --
05/15/2023 05/15/23 Under Contract -- -- --
05/15/2023 05/15/23 Off Market $4,500 -- --
05/05/2023 05/05/23 For Rent $4,500 +7.1% --
11/14/2021 11/14/21 Rented $4,200 0.0% --
10/20/2021 10/20/21 Price Changed $4,200 -6.7% $3 / Sq Ft
10/07/2021 10/07/21 For Rent $4,500 0.0% --
08/18/2021 08/18/21 Sold $885,000 0.0% $588 / Sq Ft
07/25/2021 07/25/21 For Sale $885,000 -- $588 / 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 $9,334 $939,169 $815,056 $124,113
2024 $9,334 $920,754 $799,074 $121,680
2023 $9,136 $902,700 $783,405 $119,295
2022 $8,962 $885,000 $768,044 $116,956
2021 $6,990 $689,591 $569,638 $119,953
2020 $6,920 $682,521 $563,797 $118,724
2019 $6,784 $669,139 $552,742 $116,397
2018 $6,654 $656,019 $541,904 $114,115
2017 $6,524 $643,156 $531,278 $111,878
2016 $6,399 $630,546 $520,861 $109,685
2015 $6,303 $621,075 $513,037 $108,038
2014 $5,989 $589,832 $487,228 $102,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23074373

California Regional Multiple Listing Service (CRMLS)

APN: 658-063-07