NOT LISTED FOR SALE

Estimated Value: $5,230,000 - $6,799,000

4 Beds
3.5 Baths
4,097 Sq Ft
$1,509/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $2,100,000 $513 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $35,632/month

9 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • 0.59 Acre Lot
  • Moulton Elementary Rated A
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of May 2016

Fantastic Fixer in Monarch Bay Terrace priced at below market value. Enjoy triple threat views of the Ocean, City Lights, and Mountains. Wonderful home in Monarch Bay Terrace boasts 4 bedrooms, and 3 1/2 baths. Solid maple cabinetry and granite in kitchen and master bath. Solid maple cabinets in secondary baths. His and hers walk-in closets and his and hers vanities in Master. Two additional rooms (without closets) can be used as an office, a TV room, a sewing room - or whatever! Dual zoned central heat. Two water heaters. Solid core doors throughout home. Old carpeting has been removed so your buyer can select their choice of flooring. Huge street to street lot. Circular brick driveway. Roof has transferable 40 year limited warranty. Pool and Spa are non-functional. Lowest price per square foot in Monarch Bay Terrace.

Last Agent to Sell the Property

Susan Olsson

KMS Properties License #01388386 Listed on: 03/27/2016

Last Buyer's Agent

Cheryl Romig

Berkshire Hathaway HomeServices California Properties License #01337949

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,958

Year Built

  • Built in 1976

Lot Details

  • 0.59 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Fence is in average condition
  • No Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard
  • On-Hand Building Permits

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Brick Driveway
  • Unassigned Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Golf Course
  • Mountain
  • Hills
  • Pool
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Asphalt Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 4,097 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Atrium Windows
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office
  • Stone Flooring

Kitchen

  • Eat-In Galley Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • No Interior Steps
  • Ramp on the main level
  • Entry Slope Less Than 1 Foot

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4270
  • Assessor Parcel Number 67004203

Community Details

Overview

  • Custom

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,958

Year Built

Built in 1976

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Microwave
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Additions/Alterations, Building Permit, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67004203
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4097.00
  • Interior Amenities: Beamed Ceilings, Block Walls, Cathedral Ceiling(s), Ceramic Counters, Granite Counters, High Ceilings, Recessed Lighting, Tile Counters, Vacuum Central
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: 36 Inch Or More Wide Halls, Entry Slope Less Than 1 Foot, No Interior Steps, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 512.57
  • Room Type: All Bedrooms Down, Den, Entry, Formal Entry, Foyer, Galley Kitchen, Jack & Jill, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: In Ground
  • Window Features: Atrium, Bay Window(s), Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Coastline, Golf Course, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Pool, Water, White Water
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Patio And Porch Features: Brick, Concrete, Front Porch, Wrap Around
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Glass, Shingle Siding, Slump Block, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Brick, Direct Garage Access, Garage, Garage - Single Door, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Microwave, Self Cleaning Oven
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air, Natural Gas, Zoned
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Rectangular Lot, Lot 20000-39999 Sqft, No Landscaping, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 25840.00
  • Price Per Lot Square Foot: 81.27
  • Lot Size Acres: 0.5930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25840.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 4270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2017
Sold by
Acacio Brian D
Bought by
Acacio Brian and Brian Acacio Living Trust
Current Estimated Value
$6,182,279

Purchase Details

Closed on
Feb 19, 2016
Sold by
Olsson Susan
Bought by
Acacio Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 1998
Sold by
Lam Maurice M and Lam Elizabeth W
Bought by
Olsson R and Olsson Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6%
Source: Public Records

Range of Values:

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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
Acacio Brian -- None Available
Acacio Brian D $2,100,000 Chicago Title Company
Olsson R $800,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acacio Brian D $1,470,000
Previous Owner Olsson R $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $2,100,000 0.0% $513 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/08/2016 02/08/16 Off Market $2,100,000 -- --
02/01/2016 02/01/16 For Sale $2,225,000 +6.0% $543 / Sq Ft
01/31/2016 01/31/16 Off Market $2,100,000 -- --
01/31/2016 01/31/16 For Sale $2,225,000 -- $543 / 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 $33,958 $3,126,798 $2,005,624 $1,121,174
2024 $33,958 $3,065,489 $1,966,298 $1,099,191
2023 $33,324 $3,005,382 $1,927,743 $1,077,639
2022 $32,504 $2,946,453 $1,889,944 $1,056,509
2021 $32,179 $2,888,680 $1,852,886 $1,035,794
2020 $31,561 $2,859,061 $1,833,887 $1,025,174
2019 $22,774 $2,122,960 $1,797,929 $325,031
2018 $24,393 $2,184,840 $1,762,676 $422,164
2017 $22,945 $2,142,000 $1,728,113 $413,887
2016 $9,561 $827,975 $492,746 $335,229
2015 $9,231 $815,539 $485,345 $330,194
2014 $9,076 $799,564 $475,838 $323,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16020340

California Regional Multiple Listing Service (CRMLS)

APN: 670-042-03