NOT LISTED FOR SALE

Estimated Value: $5,191,000 - $7,379,638

4 Beds
3 Baths
3,120 Sq Ft
$2,028/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $2,750,000 $881 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $36,892/month

222 Days on Market

Highlights

  • Ocean View
  • Koi Pond
  • All Bedrooms Downstairs
  • Moulton Elementary Rated A
  • Heated Spa
  • Ocean Side of Freeway

About This Home

As of November 2016

The Best View, Single Level Home in Monarch Bay Terrace on a single-loaded street without the noise of Crown Valley or PCH! Enjoy forever views of Catalina Island and the Pacific Ocean from this massive 16,600 square foot lot with complete privacy both inside and out. An open floor plan with soaring ceilings , two fireplaces, a Jacuzzi under the stars, and an entertaining area to accommodate a crowd! Three "wings" offer space for a growing family, a nanny or "mother in law" quarters, or a private office for the entrepreneur. The family/media room, complete with fireplace and surround-sound, provides total relaxation, while the west-facing, private back yard sanctuary affords mesmerizing sunsets that disappear into the blue Pacific. All living areas open to the outside for a daily dose of sunshine at a coveted address that is referred to as California's "Gold Coast."

Last Agent to Sell the Property

Robin Friend

First Team Real Estate License #01433771 Listed on: 01/14/2016

First Team Real Estate

Co-Listed By

Ken Crane

First Team Real Estate License #01523050

Last Buyer's Agent

Marshall Sharifan

All About Real Estate License #01851614

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • On-Hand Building Permits

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Slab Foundation
  • Interior Block Wall
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,120 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Tinted Windows
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Atrium Room
  • Intercom
  • Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Accessible Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Concrete Porch or Patio
  • Koi Pond
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • Monarch Bay Terrace Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3845
  • Assessor Parcel Number 67008501

Home Details

Home Type

Single Family

Year Built

Built in 1975 | Remodeled

Lot Details

0.38 Acres

HOA Fees

$25 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67008501
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3120.00
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Intercom, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 881.41
  • Room Type: Attic, Atrium, All Bedrooms Down, Family Room, Foyer, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Pantry, Separate Family Room
  • Spa Features: Heated, In Ground, Private
  • Window Features: Blinds, Screens, Tinted Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Koi Pond, Lighting, Rain Gutters
  • View: Catalina, Ocean
  • Patio And Porch Features: Concrete, Deck, Patio Open, Wood
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Double Oven, Dishwasher, Electric Oven, Disposal, Indoor Grill, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts For Spa
  • Heating Type: Central, Forced Air, Fireplace(s), Natural Gas
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Association Name: Monarch Bay Terrace
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Paved, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 16591.00
  • Price Per Lot Square Foot: 180.52
  • Lot Size Acres: 0.3810

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16591.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 3845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Rasouli Ali and Rasouli Mahin
Bought by
Ross Family Revocable Living Trust and Rasouli
Current Estimated Value
$6,326,410

Purchase Details

Closed on
Sep 2, 2016
Sold by
Frei Juerg
Bought by
Rasouli Ali and Ahmadi Mahin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2010
Sold by
Huddart U S A Limited
Bought by
Frei Juerg

Purchase Details

Closed on
Jul 16, 1996
Sold by
Smith Gary W and Smith Barbara J
Bought by
Huddart U S A Ltd

Purchase Details

Closed on
Feb 22, 1995
Sold by
Smith Gary W and Smith Barbara J
Bought by
Smith Gary W and Smith Barbara J
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
Ross Family Revocable Living Trust -- Amirghahari Sally
Rasouli Ali $2,750,000 Western Resources Title Co
Frei Juerg -- Multiple
Huddart U S A Ltd $570,000 Orange Coast Title
Smith Gary W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasouli Ali $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2016 11/17/16 Sold $2,750,000 -8.2% $881 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $2,995,000 0.0% $960 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $2,995,000 -- $960 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $47,401 $4,511,509 $2,838,309 $1,673,200
2024 $47,401 $4,423,049 $2,782,656 $1,640,393
2023 $45,875 $4,336,323 $2,728,094 $1,608,229
2022 $45,212 $4,251,298 $2,674,602 $1,576,696
2021 $43,916 $4,167,940 $2,622,159 $1,545,781
2020 $35,566 $3,386,487 $2,595,272 $791,215
2019 $27,146 $2,544,385 $2,544,385 $0
2018 $30,278 $2,805,000 $2,494,496 $310,504
2017 $29,148 $2,750,000 $2,445,584 $304,416
2016 $9,981 $864,199 $590,161 $274,038
2015 $9,666 $851,218 $581,296 $269,922
2014 $9,505 $834,544 $569,909 $264,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16008653

California Regional Multiple Listing Service (CRMLS)

APN: 670-085-01

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