NOT LISTED FOR SALE

Estimated Value: $1,445,000 - $1,654,000

3 Beds
2 Baths
1,632 Sq Ft
$965/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $850,000 $521 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,422/month

Highlights

  • Ocean View
  • Senior Community
  • Open Floorplan
  • Spa
  • Updated Kitchen
  • Cathedral Ceiling

About This Home

As of August 2019

Enjoy the panorama of white-water Ocean, Hills, and City-lights views from this hill-top, beach-close home in prestigious Monarch Summit 2. This home is in the highly sought-after Plan B with over 1600 square feet. Master bedroom with view, guest bedroom, plus third bedroom/den/home office with built-in Techline desk and cabinets, and two baths. A custom Merrillat Kitchen boasts granite counters and a breakfast nook area. Italian tile floors in the bathrooms, kitchen, hall, and third bedroom/den. Karastan carpet in living and dining room. Wood floors in master and guest bedrooms. Newer double pane windows and air conditioning. This home is located on a prime-view lot on one of the most desirable, single-loaded, cul-de-sac streets in Monarch Summit 2. Sip your early-morning coffee while gazing at the ocean and hills. Or enjoy a glass of wine while enjoying the city lights. Retirement living doesn't get much better than Monarch Summit 2. A community pool, spa, and clubhouse are included in the HOA. No Mello Roos! Monarch Summit 2 is an age-restricted, 55-plus community. Offered at $920,000.00.

Last Agent to Sell the Property

Janice McMaster

eXp Realty of Southern California, Inc License #01809100 Listed on: 05/20/2019

eXp Realty of Southern California, Inc

Last Buyer's Agent

Janice McMaster

eXp Realty of Southern California, Inc License #01809100 Listed on: 05/20/2019

eXp Realty of Southern California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1978

Lot Details

  • 3,897 Sq Ft Lot
  • Cul-De-Sac
  • Front Yard Sprinklers

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Panoramic
  • Hills

Home Design

  • Slab Foundation
  • Concrete Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 14
  • Tax Tract Number 8906
  • Assessor Parcel Number 65808505

Community Details

Overview

  • Senior Community
  • Monarch Summit Ii Association, Phone Number (949) 367-1923
  • Laguna Shores Management HOA

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,976

Year Built

Built in 1978

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Other Phone Description: Jan McMaster
  • Other Phone Number: 9495732715
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Monarch Summit II (MS2)
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65808505
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1632.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 520.83
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Laminate Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Ocean, Panoramic
  • Fence: No
  • Patio And Porch Features: Covered, Patio, Slab
  • Pool Features: Association
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Free-Standing Range, Gas Water Heater, Microwave, Range Hood, Recirculated Exhaust Fan, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Earthquake Insurance, Pet Rules
  • Association Fee: 385.75
  • Association Fee Frequency: Monthly
  • Association Name: Monarch summit II
  • Phone: 949-367-1923
  • Senior Community: Yes
  • Community Features: Curbs, Gutters
  • Association Management: Laguna Shores Management

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 3897.00
  • Lot Size Acres: 0.0895

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3897.0000 Square Feet
  • Number Of Units In Community: 190
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 14
  • Tax Tract Number: 8906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 27, 2019
Sold by
Nicholson Louis Steele
Bought by
Zoradi Michael Kenneth and Zoradi Vicki Rene
Seller's Agent
Janice McMaster
eXp Realty of Southern California, Inc
Buyer's Agent
Janice McMaster
eXp Realty of Southern California, Inc
List Price
$920,000
Sold Price
$850,000
Premium/Discount to List
-$70,000
-7.61%
Current Estimated Value
$1,574,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,546
Avg. Annual Appreciation
9.88%
Original Mortgage
$680,000
Outstanding Balance
$601,849
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$899,484

Purchase Details

Closed on
Mar 16, 2015
Sold by
Nicholson Louis Steele
Bought by
Nicholson Louis Steele

Purchase Details

Closed on
Oct 9, 2013
Sold by
Nicholson Louis Steele
Bought by
Nicholson Louis Steele and Nicholson Pierce Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.67%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 28, 2013
Sold by
Nicholson Louis Steele
Bought by
Nicholson Louis Steele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2002
Sold by
Nicholson Louis Steele and Pierce Sandra Lee
Bought by
Nicholson Louis Steele and Pierce Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,650
Interest Rate
7.13%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Nicholson Louis S and Nicholson Sandra L
Bought by
Nicholson Louise Steele and Pierce Sandra Lee
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
Zoradi Michael Kenneth $850,000 Corinthian Title Company Inc
Nicholson Louis Steele -- None Available
Nicholson Louis Steele -- None Available
Nicholson Louis Steele -- Fidelity National Title Oran
Nicholson Louis Steele -- Fidelity National Title Oran
Nicholson Louis Steele -- First American Title
Nicholson Louis Steele -- First American Title
Nicholson Louise Steele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoradi Michael Kenneth $680,000
Previous Owner Nicholson Louis Steele $27,394
Previous Owner Nicholson Louis Steele $938,250
Previous Owner Nicholson Louis Steele $160,000
Previous Owner Nicholson Louis Steele $189,650
Previous Owner Nicholson Louis Steele $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $850,000 -7.6% $521 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $920,000 -- $564 / 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 $4,976 $506,840 $222,102 $284,738
2024 $4,976 $496,902 $217,747 $279,155
2023 $4,869 $487,159 $213,477 $273,682
2022 $4,775 $477,607 $209,291 $268,316
2021 $4,682 $468,243 $205,188 $263,055
2020 $4,410 $441,257 $203,084 $238,173
2019 $3,946 $388,376 $265,309 $123,067
2018 $3,870 $380,761 $260,107 $120,654
2017 $3,795 $373,296 $255,007 $118,289
2016 $3,722 $365,977 $250,007 $115,970
2015 $3,595 $360,480 $246,251 $114,229
2014 $3,595 $353,419 $241,427 $111,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19117118

California Regional Multiple Listing Service (CRMLS)

APN: 658-085-05