NOT LISTED FOR SALE

Estimated Value: $4,579,000 - $5,808,000

4 Beds
4 Baths
3,700 Sq Ft
$1,430/Sq Ft Est. Value

Last Sold September 09, 2013

Last sale price $1,815,000 $491 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $30,232/month

39 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Updated Kitchen
  • Moulton Elementary Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of September 2013

Amazing value and located in the exclusive Monarch Bay Terrace neighborhood, this beautifully remodeled SINGLE LEVEL (no stairs) ocean view home offers 3700 sqft., 4 bedrooms, 4 bathrooms on a huge 12,789 sqft pool sized parcel. Enter your new home through the custom stained glass double door entry into the light and bright open floor plan. This floor plan offers many options as one of the master bedrooms can be used as a family or media room. The living room boasts a custom black marble fireplace with walls of windows providing sit down ocean views. The huge custom kitchen offers 2 sub zero refrigerators, icemaker, double ovens, warming oven, wine storage, custom “crystal” cabinets, custom granite countertops and enormous center island. The large remodeled and customized bathrooms offer unique granite counters and custom shower areas. Additional features include a fireplace in master bedroom, high, open ceilings, high tech lighting system, custom lighting and plumbing fixtures, skylights, huge picture window, custom shelving in 2nd master bedroom/family-media room, central air conditioning, abundance of fruit trees and so much more. Close proximity to St Regis and Ritz Carlton Resorts, restaurants, coffee houses, Laguna Beach and Dana Point Harbor.

Last Agent to Sell the Property

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 06/25/2013

Douglas Elliman Of California

Co-Listed By

Barry Knickerbocker

Douglas Elliman of California License #01192863

Last Buyer's Agent

Kristin Barry

Arbor Real Estate License #01361231

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,841

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • West Facing Home
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,700 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Stained Glass
  • Double Door Entry
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Utility Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 4 Full Bathrooms
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • No Interior Steps

Outdoor Features

  • Slab Porch or Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 4270
  • Assessor Parcel Number 67004314

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,841

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Co Agent
  • Other Phone Number: 949-400-8750
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67004314
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Granite Counters, Pantry, Recessed Lighting, Track Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 36 Inch Or More Wide Halls, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s)
  • Eating Area: Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 490.54
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Foyer, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Two Masters, Utility Room
  • Window Features: Double Pane Windows, Stained Glass
  • Bathroom Features: Bidet, Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • View: City Lights, Coastline, Hills, Mountain(s), Ocean, Water
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Self Cleaning Oven, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Features: Front Yard, Garden, Lawn, Level with Street, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 12789.00
  • Lot Size Acres: 0.2940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12789.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 4270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 5, 2013
Sold by
Johnsson Jude D
Bought by
King Chance and King Rachel
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Kristin Barry
Arbor Real Estate
List Price
$1,895,000
Sold Price
$1,815,000
Premium/Discount to List
-$80,000
-4.22%
Current Estimated Value
$5,292,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,477,162
Avg. Annual Appreciation
9.25%
Original Mortgage
$550,000
Outstanding Balance
$136,115
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$5,156,047

Purchase Details

Closed on
Dec 15, 2008
Sold by
Sharpe Jeffrey L and Sharpe Gwynn
Bought by
Gomberg Edward N and Gomberg Helen E

Purchase Details

Closed on
Aug 8, 2007
Sold by
Harrington Jerry M
Bought by
Harrington Jerry Michael and The Jerry Michael Harrington Trust

Purchase Details

Closed on
Feb 18, 2004
Sold by
Sharpe Jeffrey L and Sharpe Gwynn
Bought by
Sharpe Jeffrey L and Sharpe Gwynn

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
Apr 22, 2003
Sold by
Sharpe Jeffrey L and Sharpe Gwynn
Bought by
Sharpe Jeffrey L and Sharpe Gwynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.54%

Purchase Details

Closed on
Dec 12, 1998
Sold by
Sharpe Jeffrey L and Sharpe Gwynn
Bought by
Sharpe Jeffrey L and Sharpe Gwynn

Purchase Details

Closed on
Dec 8, 1998
Sold by
Harrington Maralou E
Bought by
Harrington Jerry M

Purchase Details

Closed on
Apr 17, 1998
Sold by
Fisher Richard M and Fisher Claire
Bought by
Sharpe Jeffrey L and Sharpe Gwynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.05%
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
King Chance $1,815,000 California Title
Gomberg Edward N $1,650,000 California Title Company
Sharpe Jeffrey L -- California Title Company
Harrington Jerry Michael -- None Available
Sharpe Jeffrey L -- Orange Coast Title Company
Sharpe Jeffrey L -- --
Sharpe Jeffrey L -- --
Sharpe Jeffrey L -- --
Sharpe Jeffrey L -- Orange Coast Title Companies
Harrington Jerry M -- --
Sharpe Jeffrey L -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Chance $550,000
Previous Owner Sharpe Jeffrey L $333,700
Previous Owner Sharpe Jeffrey L $300,000
Previous Owner Sharpe Jeffrey L $285,000
Closed Sharpe Jeffrey L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2013 09/09/13 Sold $1,815,000 -4.2% $491 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $1,895,000 -- $512 / 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 $25,841 $2,285,544 $1,854,282 $431,262
2024 $25,841 $2,240,730 $1,817,924 $422,806
2023 $24,919 $2,196,795 $1,782,279 $414,516
2022 $24,942 $2,153,721 $1,747,332 $406,389
2021 $24,323 $2,111,492 $1,713,071 $398,421
2020 $23,483 $2,089,842 $1,695,506 $394,336
2019 $22,069 $1,994,532 $1,662,261 $332,271
2018 $21,660 $1,955,424 $1,629,668 $325,756
2017 $21,173 $1,917,083 $1,597,714 $319,369
2016 $20,565 $1,879,494 $1,566,387 $313,107
2015 $19,853 $1,851,263 $1,542,859 $308,404
2014 $19,502 $1,815,000 $1,512,637 $302,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13122673

California Regional Multiple Listing Service (CRMLS)

APN: 670-043-14