NOT LISTED FOR SALE

Estimated Value: $6,371,000 - $7,250,000

4 Beds
4.5 Baths
4,208 Sq Ft
$1,646/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $4,050,000 $962 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $41,634/month

8 Days on Market

Highlights

  • White Water Ocean Views
  • Heated Spa
  • Custom Home
  • Moulton Elementary Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of November 2020

Panoramic Ocean & Coastline Views! Situated above the Pacific Coast in prestigious Monarch Bay Terrace, this gorgeously appointed estate features 180 degree views. Completely remodeled in 2016 & customized from top to bottom! Gated entry through the front entrance meticulously designed to blend w/ the rest of the house. The stunning great room is appointed w/ fireplace inset in marble & custom built-ins including entertainment center & wet bar w/ camouflaged fridge/freezer. Prepare delicious meals in the upgraded kitchen w/ brand new stainless steel appliances among a stunning backdrop of the Pacific Ocean. The spacious master retreat features atrium doors that lead to private patio w/ fountain, dual walk in closets w/ automated lighting & master bath featuring ultra tub w/ aromatherapy & chromotherapy, steam shower & more. Private office/den completes the main floor! Descend to the ground floor using your elevator where a second master bdrm and two addtl bdrms await. PANORAMIC ocean views from all 3 bdrms! Entertain in the backyard including two viewing decks, spa & outdoor shower, fruit trees, outdoor kitchen complete w/ built in BBQ, wok burner & wine storage! All shading, lighting, security system & more are completely automated & controlled remotely by cell phone! Seller-Owned Solar! Too many upgrades to list! Monarch Bay Terrace is nestled w/in prestigious Monarch Beach known for world famous beaches, luxury hotels, Dana Point Harbor & outdoor recreational activities.

Last Agent to Sell the Property

Lori McGuire

RE/MAX Select One License #00959318 Listed on: 09/02/2020

Last Buyer's Agent

Lori McGuire

RE/MAX Select One License #00959318 Listed on: 09/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,424

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Glass Fence
  • Fence is in excellent condition
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden
  • Back Yard

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Custom Home
  • Turnkey
  • Additions or Alterations
  • Fire Rated Drywall
  • Slate Roof
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 4,208 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Bay Window
  • Atrium Windows
  • Double Door Entry
  • Sliding Doors
  • Atrium Doors
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Sump Pump
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Remodeled Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Suburban Location

Schools

  • Moulton Elementary School
  • Niguel Hills Middle School
  • Dana Hills High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Monarch Bay Terrace Association, Phone Number (949) 582-7770
  • Keystone Pacific HOA
  • Monarch Bay Terrace Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 4272
  • Assessor Parcel Number 67017202

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,424

Year Built

Built in 2016 | Remodeled

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: After Hours
  • Other Phone Number: 949-627-1489
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Security Lights, Security System, Wired for Alarm System
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67017202
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4208.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Copper Plumbing Full, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Sump Pump, Wet Bar, Wired for Sound
  • Stories: 2
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Atrium Doors, Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Nook, Separated
  • Entry Level: 1
  • Fireplace Features: Master Bedroom, Fire Pit, Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 962.45
  • Room Type: Attic, Entry, Great Room, Kitchen, Main Floor Master Bedroom, Master Suite, Office, Two Masters
  • Spa Features: Private, Heated
  • Window Features: Atrium, Bay Window(s), Skylight(s)
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Jetted Tub, Remodeled, Upgraded
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • Exterior Features: Barbecue Private, Lighting
  • View: Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Excellent Condition, Glass
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Glass, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Warming Drawer
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 420.00
  • Association Fee Frequency: Annually
  • Association Name: Monarch Bay Terrace
  • Phone: 9495827770
  • Senior Community: No
  • Community Features: Sidewalks, Suburban
  • Association Management: Keystone Pacific

Schools

  • School District: Capistrano Unified
  • Elementary School: Moulton
  • Middle School: Niguel Hills
  • High School: Dana Hills
  • Elementary School: Moulton
  • High School: Dana Hills
  • Middle Or Junior School: Niguel Hills
  • Elementary School #2: MOULTO
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 15810.00
  • Lot Size Acres: 0.3629

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15810.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 73
  • Tax Tract Number: 4272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 29, 2020
Sold by
Kwon Kenneth and Kwon Deborah
Bought by
Kwon Kenneth and Kwon Deborah Min
Seller's Agent
Lori McGuire
RE/MAX Select One
Buyer's Agent
Lori McGuire
RE/MAX Select One
List Price
$4,350,000
Sold Price
$4,050,000
Premium/Discount to List
-$300,000
-6.9%
Current Estimated Value
$6,924,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,874,481
Avg. Annual Appreciation
11.77%
Original Mortgage
$2,835,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 16, 2020
Sold by
Sundar Rama and The Rama Sundar Declaration Of
Bought by
Kwon Kenneth and Kwon Deborah
Seller's Agent
Lori McGuire
RE/MAX Select One
Buyer's Agent
Lori McGuire
RE/MAX Select One
List Price
$4,350,000
Sold Price
$4,050,000
Premium/Discount to List
-$300,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,835,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
Sundar Rama
Bought by
Sundar Rama and Rama Sundar Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,379
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2005
Sold by
Sundar Balakrishna and Sundar Rama
Bought by
Sundar Balakrishna and Sundar Rama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2003
Sold by
Simonton Ronald L and Simonton Donna L
Bought by
Sundar Balakrishna and Sundar Rama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Simonton Ronald L
Bought by
Simonton Ronald L and Simonton Donna L

Purchase Details

Closed on
Apr 19, 2001
Sold by
Simonton Donna L
Bought by
Simonton Ronald L

Purchase Details

Closed on
Aug 8, 2000
Sold by
Simonton Ronald L
Bought by
Simonton Ronald L and Simonton Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,187,500
Interest Rate
8.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 9, 1999
Sold by
Flannery Sean
Bought by
Simonton Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,150
Interest Rate
7.4%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Roger Herrick and Roger Nora K
Bought by
Flannery Sean

Purchase Details

Closed on
Dec 27, 1994
Sold by
Herrick Roger
Bought by
Herrick Roger and Urzua Nora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
5.37%
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
Kwon Kenneth -- First American Title Company
Kwon Kenneth $4,050,000 First American Title Company
Sundar Rama -- M I S
Sundar Balakrishna -- First American Title Co
Sundar Balakrishna -- First American Title Co
Sundar Balakrishna $1,857,500 Chicago Title Co
Simonton Ronald L -- --
Simonton Ronald L -- --
Simonton Ronald L -- --
Simonton Ronald L $991,000 Chicago Title Co
Flannery Sean -- --
Herrick Roger -- Commonwealth Land Title Co
Herrick Roger -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwon Kenneth $2,835,000
Previous Owner Sundar Rama $1,586,000
Previous Owner Sundar Balakrishna $1,000,000
Previous Owner Sundar Rama $1,070,379
Previous Owner Sundar Rama $334,000
Previous Owner Sundar Balakrishna $417,000
Previous Owner Sundar Balakrishna $417,000
Previous Owner Sundar Balakrishna $125,000
Previous Owner Sundar Balakrishna $650,000
Previous Owner Sundar Rama $800,000
Previous Owner Sundar Balakrishna $850,000
Previous Owner Simonton Ronald L $1,187,500
Previous Owner Simonton Ronald L $644,150
Previous Owner Herrick Roger $130,000
Previous Owner Herrick Roger $45,000
Previous Owner Herrick Roger $690,000
Closed Simonton Ronald L $49,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $4,050,000 -6.9% $962 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $4,350,000 0.0% $1,034 / Sq Ft
08/06/2014 08/06/14 Rented $6,300 -14.9% --
07/07/2014 07/07/14 Under Contract -- -- --
06/25/2014 06/25/14 For Rent $7,400 -- --
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 $46,424 $4,383,849 $3,517,904 $865,945
2024 $46,424 $4,297,892 $3,448,926 $848,966
2023 $45,405 $4,213,620 $3,381,300 $832,320
2022 $44,164 $4,131,000 $3,315,000 $816,000
2021 $42,544 $4,050,000 $3,250,000 $800,000
2020 $27,288 $2,475,287 $1,760,921 $714,366
2019 $27,112 $2,426,752 $1,726,393 $700,359
2018 $26,183 $2,379,169 $1,692,542 $686,627
2017 $24,984 $2,332,519 $1,659,355 $673,164
2016 $23,858 $2,230,940 $1,626,818 $604,122
2015 $23,379 $2,197,430 $1,602,382 $595,048
2014 $22,963 $2,154,386 $1,570,994 $583,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20179601

California Regional Multiple Listing Service (CRMLS)

APN: 670-172-02