NOT LISTED FOR SALE

Estimated Value: $4,452,000 - $5,118,000

4 Beds
3 Baths
2,848 Sq Ft
$1,650/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $2,115,000 $743 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $26,752/month

64 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • 0.57 Acre Lot
  • Moulton Elementary Rated A
  • Updated Kitchen
  • Open Floorplan

About This Home

As of May 2015

Offering solace & escape this single level home boasts a 270 degree view of the coastline, as well as the white water at Salt Creek beach, Catalina Island, Monarch Beach golf links, city lights and the surrounding mountains. Graced by many artisan finishes throughout, the home articulates a natural grace that spans almost 3,000 square feet. Recently renovated, the home reveals stunning wood floors, numerous picture windows positioned to frame the coastline view and an Ultra-Luxe kitchen that anchors the home. The kitchen includes a handcrafted center island with soft close hinges & Calcatta Arabescato stone countertop, a built-in Sub-Zero refrigerator, two warming drawers, Fisher Paykel dish drawer, pull out drawers and an innovative lazy Susan system for the ultimate in storage. All this is further enhanced by the parameter blue pearl granite slab counter top with glass tile backsplash. Adjacent to the kitchen is a well equipped wet bar with a built-in wine refrigerator and beverage refrigerator, an ice maker, sink, plus overhead display cabinetry. A soothing master suite offers magical coastline views with a luxurious stone finished master bath. Plus two car garage with a large workshop area which could easily convert to a third car stall.

Last Agent to Sell the Property

Giulietta Wilson

Pacific Sotheby's Int'l Realty License #01180243 Listed on: 01/12/2015

Pacific Sotheby's Int'l Realty

Co-Listed By

John Wilson

Pacific Sotheby's Int'l Realty License #01895983

Last Buyer's Agent

Nancy Cloward

Surterre Properties Inc License #01149171

Surterre Properties Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.57 Acre Lot
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Front Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Driveway

Property Views

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

Home Design

  • Traditional Architecture
  • Raised Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Blinds
  • Window Screens
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Home Office
  • Utility Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms

Home Security

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

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Utilities

  • Central Heating
  • Central Water Heater
  • Cable TV Available

Community Details

  • Monarch Bay Terrace Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 4270
  • Assessor Parcel Number 67003205

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67003205
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2848.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 742.63
  • Room Type: All Bedrooms Down, Dressing Area, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Office, Utility Room
  • Window Features: Blinds, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Awning(s), Lighting
  • View: Catalina, City Lights, Coastline, Golf Course, Hills, Mountain(s), Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Terrace
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway, Garage Faces Front, Direct Garage Access, Garage, Workshop in Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Range, Range Hood, Ice Maker, Microwave, Refrigerator, Water Heater Central, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Annually
  • Association Fee: 25.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Bay Terrace
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard, Gentle Sloping, Landscaped, Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 24871.00
  • Lot Size Acres: 0.5710

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24871.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 4270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2016
Sold by
Bianchini Robert J and Bianchini Diane L
Bought by
The Bianchini Trust
Current Estimated Value
$4,697,878

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 17, 2015
Sold by
Sequeira Leonard J and Sequeira Lynette A
Bought by
Bianchini Robert J and Bianchini Diane L
Seller's Agent
Giulietta Wilson
Pacific Sotheby's Int'l Realty
Buyer's Agent
Nancy Cloward
Surterre Properties Inc
List Price
$2,199,000
Sold Price
$2,115,000
Premium/Discount to List
-$84,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$1,480,500
Outstanding Balance
$1,136,003
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$3,561,875

Purchase Details

Closed on
Aug 28, 2007
Sold by
Sequeira Leonard J and Sequeira Lynette A
Bought by
Sequeira Leonard J and Sequeira Lynette A

Purchase Details

Closed on
Dec 23, 2003
Sold by
Reveri Peter A and Reveri Nancy S
Bought by
Sequeira Leonard J and Sequeira Lynette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1994
Sold by
Bowlds John W
Bought by
Reveri Peter A and Reveri Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.59%
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
The Bianchini Trust -- None Available
Bianchini Robert J $2,115,000 North American Title Company
Sequeira Leonard J -- None Available
Sequeira Leonard J $1,605,000 Equity Title Company
Reveri Peter A $425,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianchini Robert J $1,480,500
Previous Owner Sequeira Leonard J $1,000,000
Previous Owner Reveri Peter A $340,000
Closed Sequeira Leonard J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $2,115,000 -1.6% $743 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/09/2015 03/09/15 Price Changed $2,150,000 -2.2% $755 / Sq Ft
01/12/2015 01/12/15 For Sale $2,199,000 -- $772 / 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 $27,698 $2,563,859 $1,920,935 $642,924
2024 $27,698 $2,513,588 $1,883,270 $630,318
2023 $26,996 $2,464,302 $1,846,343 $617,959
2022 $26,370 $2,415,983 $1,810,140 $605,843
2021 $25,747 $2,357,741 $1,774,647 $583,094
2020 $25,582 $2,333,566 $1,756,450 $577,116
2019 $24,654 $2,287,810 $1,722,010 $565,800
2018 $24,264 $2,242,951 $1,688,245 $554,706
2017 $23,894 $2,198,972 $1,655,142 $543,830
2016 $23,264 $2,147,253 $1,622,688 $524,565
2015 $17,353 $1,612,859 $1,335,024 $277,835
2014 $17,370 $1,612,859 $1,335,024 $277,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15006977

California Regional Multiple Listing Service (CRMLS)

APN: 670-032-05