NOT LISTED FOR SALE

Estimated Value: $6,506,000 - $8,391,000

3 Beds
3.5 Baths
3,543 Sq Ft
$2,003/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $5,725,000 $1,616 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $42,255/month

368 Days on Market

Highlights

  • White Water Ocean Views
  • Spa
  • Primary Bedroom Suite
  • Moulton Elementary Rated A
  • Second Garage
  • 0.55 Acre Lot

About This Home

As of May 2023

This exquisite, single-level custom home offers magnificent views of the ocean, Catalina Island and the beach coastline.
Enter the grounds through a private front gate and into the lush landscaping with a huge entertaining area, a waterfall feature
and Jacuzzi. A welcoming, custom beveled glass double door entry leads to an open and spacious floor plan that maximizes the captivating Ocean and sunset views. This flowing floor plan offers approximately 3,600 square-feet of comfortable living space; featuring three bedrooms, three and
one-half baths, and a large formal great room with expansive ocean views, dining room, and large family room/office. The spacious gourmet kitchen has beautiful custom cabinetry, custom granite counter tops, double ovens, a large center island, a butler’s pantry and more. The cozy family room and office has a designer fireplace, high ceilings, an abundance of built-ins and views of the lush courtyard with waterfall.
Enjoy the magnificent views from the beautiful, spacious primary suite that includes a large cedar-lined walk-in closet and
an en-suite bathroom with spa-like appeal, dual vanities, a large soaking Jacuzzi tub and a walk-in shower with dual shower heads. The original home was built in 1967, owner did a complete and extensive remodel serveral years ago from top to bottom by Muir Architects including foundation and expanding the foot print of home. This open interior floor plan is ideal for casual living, sophisticated entertaining and enjoying the inspirational sunset views over the Pacific Ocean. A magnificent property with panoramic unobstructed ocean views offering the best in coastal living!
Welcome home!

Last Agent to Sell the Property

Pam Spadafore

Coldwell Banker Realty License #01334506 Listed on: 04/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Crystal Schantzen

Anvil Real Estate License #02072333

Anvil Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.55 Acre Lot
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Stone Siding
  • Flagstone
  • Stucco

Interior Spaces

  • 3,543 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Bay Window
  • Casement Windows
  • Window Screens
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Workshop
  • Storage
  • Center Hall

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Deck
  • Open Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Dana Hills High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Water Purifier
  • Water Softener
  • Phone Available
  • Cable TV Available

Community Details

  • Monarch Bay Terrace Association, Phone Number (949) 833-2600
  • Monarch Bay Terrace Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4269
  • Assessor Parcel Number 67009206
  • $2,631 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67009206
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3543.00 Square Feet
  • Interior Amenities: Block Walls, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1615.86
  • Room Type: All Bedrooms Down, Bonus Room, Center Hall, Dressing Area, Entry, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Private
  • Window Features: Bay Window(s), Casement Windows, Screens, Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Pots & Pan Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Second Garage Detached, Storage
  • Exterior Features: Lighting
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Trees/Woods, Water, White Water
  • Patio And Porch Features: Deck, Patio, Patio Open, Stone, Wrap Around
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Flagstone, Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Water Heater, Water Purifier, Water Softener
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee: 420.00
  • Association Fee Frequency: Annually
  • Association Name: Monarch Bay Terrace
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • High School: Dana Hills
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lot 20000-39999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 24163.00
  • Lot Size Acres: 0.5547

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24163.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 8
  • Tax Tract Number: 4269
  • TaxOtherAnnualAssessmentAmount: 2631.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Braun Family Trust
Bought by
Pham Tri and Won Kelly
Current Estimated Value
$7,098,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,950,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1999
Sold by
Beresford T F
Bought by
Braun Kenneth P and Braun Irene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pham Tri $5,725,000 First American Title
Braun Kenneth P $1,100,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pham Tri $3,950,000
Previous Owner Braun Kenneth P $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $5,725,000 -10.0% $1,616 / Sq Ft
04/29/2023 04/29/23 For Sale $6,360,000 +11.1% $1,795 / Sq Ft
04/19/2023 04/19/23 Off Market $5,725,000 -- --
04/17/2023 04/17/23 For Sale $6,360,000 +11.1% $1,795 / Sq Ft
04/11/2023 04/11/23 Off Market $5,725,000 -- --
04/10/2023 04/10/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $6,360,000 +11.1% $1,795 / Sq Ft
02/28/2023 02/28/23 Off Market $5,725,000 -- --
05/04/2022 05/04/22 Price Changed $6,360,000 -9.1% $1,795 / Sq Ft
04/07/2022 04/07/22 For Sale $6,995,000 -- $1,974 / 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 $61,251 $5,956,290 $5,271,637 $684,653
2024 $61,251 $5,839,500 $5,168,271 $671,229
2023 $56,246 $1,868,708 $1,278,324 $590,384
2022 $21,733 $1,832,067 $1,253,259 $578,808
2021 $20,715 $1,796,145 $1,228,686 $567,459
2020 $19,910 $1,777,728 $1,216,087 $561,641
2019 $19,499 $1,742,871 $1,192,242 $550,629
2018 $19,136 $1,708,698 $1,168,865 $539,833
2017 $18,577 $1,675,195 $1,145,946 $529,249
2016 $18,108 $1,642,349 $1,123,477 $518,872
2015 $17,402 $1,617,680 $1,106,601 $511,079
2014 $17,096 $1,585,992 $1,084,924 $501,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22066620

California Regional Multiple Listing Service (CRMLS)

APN: 670-092-06