NOT LISTED FOR SALE

Estimated Value: $5,614,651 - $6,460,000

5 Beds
4 Baths
3,500 Sq Ft
$1,694/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $4,750,000 $1,357 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $35,737/month

83 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Heated In Ground Pool
  • Moulton Elementary Rated A
  • Golf Course Community
  • Ocean Side of Freeway

About This Home

As of May 2023

Absolutely luxury living at its finest with this fully remodeled/renovated ‘single-level custom residence’ located within the exclusive beach community of Monarch Bay Terrace in Monarch Beach! This 5 bedroom, 4 bath residence, including a ‘permitted casita’, is situated on an incredible 18,600 sq ft elevated corner site with outstanding ocean and city light views! This meticulously maintained custom residence contains a floor plan which is extremely open, spacious, light, and bright! Many of the custom amenities include French Oak hardwood floors, numerous ‘floor to ceiling’ windows, central air conditioning, a separate office with direct outdoor access. A gourmet ‘center island’ kitchen inclusive of quartz counter tops, Thermador appliances, breakfast bar seating area, 6-burner gas range, dishwasher, microwave, refrigerator and wine storage. Master suite boasts a ‘spa like’ bathroom, double vanities, separate tub area with walk in shower, and walk in closet! Other amenities include fire sprinkler system, recessed lighting, surround sound, energy efficient tankless water heater, whole house water filtration system, and NEST controlled heating and cooling system, separate indoor laundry room. The permitted and detached ‘ocean view’ Casita is absolutely a plus for this custom home! The rear yard is like that of a resort, containing a salt water pool and spa, "synthetic grass", outdoor shower, fire pit, and a custom wet bar/BBQ area fit for any ‘Grill Master’. Totally finished 2 plus car garage, plus a contiguous area outside the garage to accommodate a golf cart or "perhaps" add on a 3rd bay to the garage. This truly is an entertainer’s dream! The elevated corner location provides an incredible element of privacy for the occupants of this home, coupled with a most non-descript appearance that provides an additional element of privacy. All this, just minutes away from The Ritz Carlton, The Waldorf Astoria, the Legendary Salt Creek Beach with surf breaks, and Dana Point Harbor with shops and restaurants, including the Lantern District. Don't miss this outstanding opportunity to own this incredible single level, custom, ocean close home within the exclusive beach community of Monarch Bay Terrace in Monarch Beach!

Last Agent to Sell the Property

Robert Wolff

Harcourts Prime Properties License #01053562 Listed on: 02/03/2023

Harcourts Prime Properties

Co-Listed By

John Schantz

Harcourts Prime Properties License #01001775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,254

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Glass Fence
  • Fence is in excellent condition
  • Corner Lot
  • Front Yard Sprinklers
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Canyon
  • Pool

Home Design

  • Custom Home
  • Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Planned Development
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Dana Hills High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Detached Guest House
  • Suburban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4270
  • Assessor Parcel Number 67003201
  • $2,172 per year additional tax assessments

Community Details

Overview

  • Association Phone (949) 833-2600
  • Keystone HOA
  • Monarch Bay Terrace Subdivision

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,254

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Custom Built, Modern, Ranch
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67003201
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1357.14
  • Room Type: All Bedrooms Down, Family Room, Guest/Maid's Quarters, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Bay Window(s), Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Main Floor Full Bath, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House Detached
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Canyon, City Lights, Coastline, Ocean, Pool, Water
  • Fence: Yes
  • Fencing: Excellent Condition, Glass
  • Patio And Porch Features: Concrete, Enclosed, Patio, Wrap Around
  • Pool Features: Private, Heated, Gas Heat, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Flat, Tar/Gravel
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts For Spa, 220 Volts in Laundry, Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 35.00
  • Association Fee Frequency: Monthly
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Golf, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Keystone

Schools

  • School District: Capistrano Unified
  • High School: Dana Hills
  • High School: Dana Hills
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 18600.00
  • Lot Size Acres: 0.4270

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18600.0000 Square Feet
  • Number Of Units Total: 335
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 17
  • Tax Tract Number: 4270
  • TaxOtherAnnualAssessmentAmount: 2172.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
May 22, 2023
Sold by
Berg Kevin and Berg Melissa
Bought by
Thompson Michael and Thompson Lisa
Seller's Agent
Robert Wolff
Harcourts Prime Properties
List Price
$4,995,000
Sold Price
$4,750,000
Premium/Discount to List
-$245,000
-4.9%
Views
286
Current Estimated Value
$5,928,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,413
Avg. Annual Appreciation
9.80%
Original Mortgage
$4,274,525
Outstanding Balance
$4,155,668
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,772,745

Purchase Details

Listed on
Feb 3, 2023
Closed on
May 18, 2023
Sold by
Berg Kevin
Bought by
Berg Kevin and Berg Melissa
Seller's Agent
Robert Wolff
Harcourts Prime Properties
List Price
$4,995,000
Sold Price
$4,750,000
Premium/Discount to List
-$245,000
-4.9%
Views
286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,274,525
Outstanding Balance
$4,155,668
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,772,745

Purchase Details

Listed on
Feb 2, 2017
Closed on
Jul 31, 2017
Sold by
Meier Melissa
Bought by
Berg Kevin M
Seller's Agent
Sean Doersam
Coldwell Banker Realty
Buyer's Agent
Brittney Johnson
Coldwell Banker Realty
List Price
$3,275,000
Sold Price
$2,775,000
Premium/Discount to List
-$500,000
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$1,500,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2017
Sold by
Hi Fi Enterprises Inc
Bought by
Berg Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2015
Sold by
Aragon Jennifer
Bought by
Hi Fi Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2014
Sold by
Kelly Grace J
Bought by
Kelly Grace Jean and Grace Trust

Purchase Details

Closed on
Jan 3, 1994
Sold by
Kelly Daniel A
Bought by
Kelly Grace J
Source: Public Records

Range of Values:

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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
Thompson Michael $4,750,000 Chicago Title Company
Berg Kevin -- Chicago Title Company
Berg Kevin M -- First American Title Company
Berg Kevin M $2,775,000 Wfg Title Company Of Califor
Hi Fi Enterprises Inc $1,750,000 Fatcola
Kelly Grace Jean -- None Available
Kelly Grace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Michael $4,274,525
Previous Owner Berg Kevin M $1,500,000
Previous Owner Berg Kevin M $1,500,000
Previous Owner Hi Fi Enterprises Inc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $4,750,000 -4.9% $1,357 / Sq Ft
02/03/2023 02/03/23 For Sale $4,995,000 +80.0% $1,427 / Sq Ft
08/02/2017 08/02/17 Sold $2,775,000 -3.6% $867 / Sq Ft View Prior Sale
07/24/2017 07/24/17 Price Changed $2,880,000 0.0% $900 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
03/25/2017 03/25/17 Price Changed $2,880,000 -3.4% $900 / Sq Ft
02/23/2017 02/23/17 Price Changed $2,980,000 -9.0% $931 / Sq Ft
02/02/2017 02/02/17 For Sale $3,275,000 -- $1,023 / 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 $51,254 $4,941,900 $4,183,826 $758,074
2024 $51,254 $4,845,000 $4,101,790 $743,210
2023 $32,875 $3,084,622 $2,456,725 $627,897
2022 $32,728 $3,024,140 $2,408,554 $615,586
2021 $32,545 $2,964,844 $2,361,328 $603,516
2020 $31,976 $2,934,444 $2,337,116 $597,328
2019 $30,323 $2,830,500 $2,291,290 $539,210
2018 $29,706 $2,775,000 $2,246,362 $528,638
2017 $20,357 $1,785,000 $1,429,930 $355,070
2016 $18,981 $1,750,000 $1,401,892 $348,108
2015 $3,415 $234,726 $49,372 $185,354
2014 $3,369 $230,129 $48,405 $181,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23018885

California Regional Multiple Listing Service (CRMLS)

APN: 670-032-01