NOT LISTED FOR SALE

Estimated Value: $795,682 - $1,043,000

2 Beds
2 Baths
1,130 Sq Ft
$480/mo HOA Fee

Last Sold December 06, 2019

Last sale price $520,000 $460 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,785/month

5 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System
  • John Malcom Elementary School Rated A

About This Home

As of December 2019

Welcome to this wonderfully upgraded 2nd level Monarch Hills Condo, nestled in the 24-hour gate-guarded community of Ritz Point just over a mile walk through the St. Regis Golf Links to Salt Creek Beach, world class resorts, Dana Point Harbor and Laguna Beach.Has three newly renovated spas – one with breathtaking ocean views - the community pool a clubhouse, and the gym.A front deck and smaller deck offers you a comfortable outdoor seating area.Sky-lights that make it light and bright and a gas fireplace. The separate dining room area can accommodate a dining set for 4, and there is also bar-stool seating in the kitchen so everyone can eat together inside. Outside access to your private deck from the living room and master bedroom.The large gourmet kitchen with granite counters is the perfect place to prepare your meals.Two bedrooms - a master with an ensuite master bathroom featuring a shower-tub combo, and a second bedroom big enough for 2 twin beds. Each bedroom is carpeted and has a walk in closet.Hall bathroom also includes a shower-tub combo.Includes air conditioning and a 1 covered carport parking space. THINGS WE LOVE ABOUT THIS PROPERTY: The spectacular nature trail in the community that winds around the links golf course ending at Salt Creek Beach. Minutes to Dana Point, Laguna Beach, and world class resorts such as the Ritz Carlton. Large beautiful pool/spa area very close to this very quiet, peaceful, delightfully well appointed home.

Last Agent to Sell the Property

John Rennie

RE/MAX One License #01269397 Listed on: 10/09/2019

RE/MAX One

Last Buyer's Agent

John Rennie

RE/MAX One License #01269397 Listed on: 10/09/2019

RE/MAX One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

HOA Fees

Home Design

  • 1,130 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Malcom Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Additional Features

  • Laundry Room
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936498

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Association, Phone Number (949) 833-2600
  • Corniche Master Association
  • Keystone Pacific HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936498
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1130.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 460.18
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 390.00
  • Association #2 Fee: 90.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Association
  • Phone: 9498332600
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Keystone Pacific

Schools

  • Elementary School: Malcom
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOM
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 325

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Oct 29, 2019
Sold by
Ellis Lisa H
Bought by
Cox Tracy
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
John Rennie
RE/MAX One
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%
Current Estimated Value
$919,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,921
Avg. Annual Appreciation
9.74%
Original Mortgage
$370,000
Outstanding Balance
$326,471
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$593,450

Purchase Details

Listed on
May 1, 2016
Closed on
Jun 2, 2016
Sold by
Mustacchio Jon C and Mustacchio Lisa Jill
Bought by
Ellis Lisa H
Seller's Agent
Ann Herlihy
Blue Waters OC
Buyer's Agent
Paula Knauft
Berkshire Hathaway HomeService
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%
Original Mortgage
$386,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2014
Closed on
Sep 18, 2014
Sold by
Simons Lionel
Bought by
Mustacchio Jon C and Mustacchio Lisa Jill
Seller's Agent
Katarina Kuczera
First Team Real Estate
Buyer's Agent
Kevin Carey
Berkshire Hathaway Home Services
List Price
$440,000
Sold Price
$460,000
Premium/Discount to List
$20,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$345,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2002
Sold by
Simons Kimberly P
Bought by
Simons Lionel and Simons Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.89%

Purchase Details

Closed on
May 20, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Simons Kimberly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.3%
Mortgage Type
FHA
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
Cox Tracy $520,000 Chicago Title Company
Ellis Lisa H $515,000 Lawyers Title
Mustacchio Jon C $460,000 Western Resources Title Co
Simons Lionel $210,000 Stewart Title
Simons Kimberly P $122,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Tracy $370,000
Previous Owner Ellis Lisa H $386,250
Previous Owner Mustacchio Jon C $345,000
Previous Owner Simons Lionel $168,000
Previous Owner Simons Kimberly P $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2019 12/06/19 Sold $520,000 0.0% $460 / Sq Ft
10/11/2019 10/11/19 Off Market $520,000 -- --
10/09/2019 10/09/19 For Sale $524,900 +1.9% $465 / Sq Ft
07/12/2016 07/12/16 Sold $515,000 0.0% $429 / Sq Ft View Prior Sale
06/02/2016 06/02/16 For Sale $515,000 0.0% $429 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/09/2016 05/09/16 Price Changed $515,000 -2.6% $429 / Sq Ft
05/01/2016 05/01/16 For Sale $529,000 +15.0% $441 / Sq Ft
10/21/2014 10/21/14 Sold $460,000 +4.5% $383 / Sq Ft View Prior Sale
09/08/2014 09/08/14 For Sale $440,000 -- $367 / 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 $6,224 $568,693 $431,124 $137,569
2024 $6,224 $557,543 $422,671 $134,872
2023 $6,043 $546,611 $414,383 $132,228
2022 $5,884 $535,894 $406,258 $129,636
2021 $5,752 $525,387 $398,292 $127,095
2020 $5,728 $520,000 $394,208 $125,792
2019 $5,874 $535,806 $416,754 $119,052
2018 $5,745 $525,300 $408,582 $116,718
2017 $5,614 $515,000 $400,570 $114,430
2016 $5,112 $467,015 $346,674 $120,341
2015 $4,933 $460,000 $341,466 $118,534
2014 $3,381 $307,300 $179,476 $127,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19238667

California Regional Multiple Listing Service (CRMLS)

APN: 939-364-98