NOT LISTED FOR SALE

38 Corniche Dr Unit H Dana Point, CA 92629

Monarch Beach Neighborhood

Estimated Value: $924,000 - $1,301,000

2 Beds
2 Baths
1,200 Sq Ft
$471/mo HOA Fee

Last Sold April 11, 2019

Last sale price $895,000 $746 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,068/month

51 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • In Ground Spa
  • Updated Kitchen

About This Home

As of April 2019

STUNNING VIEWS ~ 250 degree OCEAN, CATALINA, Monarch Beach Resort and Golf course Views. Rare Opportunity to Buy and Live in the Prestigious Private Gated Community of Ritz Pointe in Monarch Beach on the Southern California Riviera. This home is located next to The Monarch Beach Resort and Golf Links with Luxury amenities and the renovating Downtown and Harbor area of Dana Point. Completely turnkey remodeled in 2018, new paint and trim throughout, Cork floors, remote window treatments, fireplace, surround viewing deck built with sofa. Wood ship-lap installed in Master, guest bed and dining area. All new kitchen appliances, barn door in guest bedroom with walk in closet, custom paint, open wall between living/dining area with custom wood ceilings & beams installed. New can lights on dimmers and new light fixtures throughout. This beautiful 2 bedroom, 2 bathroom home is highly upgraded with every attention to detail and a amazing location next to secluded spacious jacuzzi.This beautiful Luxury Home is a perfect primary residence, an escape from Hot summers or the Cold winters or coming from overseas as a World renowned destination with the yearly temperatures averaging between 65 to 78 degrees. Located just South of Laguna Beach, Newport Beach and Huntington Beach with the Restaurants, Art Galleries, Shopping and Excitement of our Coastal Communities. Situated one hour North of Downtown San Diego and one hour South of Los Angeles providing the Best of all Southern California.

Last Agent to Sell the Property

James Scarcelli

Compass License #01847532 Listed on: 01/23/2019

Compass

Last Buyer's Agent

Mary Jeffries

Corniche Properties License #00819974

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course
  • Pool

Home Design

  • Turnkey

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • In Ground Spa
  • Ocean Side of Freeway
  • Open Patio
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936509

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Assn Association, Phone Number (949) 838-3202
  • Corniche Master Assn Association, Phone Number (949) 450-0202

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936509
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: Entry Slope Less Than 1 Foot, No Interior Steps
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 745.83
  • Room Type: Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Spa Features: Association, Community, In Ground
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Golf Course, Ocean, Panoramic, Pool
  • Patio And Porch Features: Deck, Patio Open, Wrap Around
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Guest
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association: CORNICHE MASTER ASSN
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 380.79
  • Association #2 Fee: 90.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: MONARCH HILLS CONDO ASSN
  • Phone: 949-838-3202
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

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
Jan 23, 2019
Closed on
Mar 18, 2019
Sold by
Fitzgibbons Thomas and Fitzgibbons Karen
Bought by
Ferris Donald L and Ferris Teresa A
Seller's Agent
James Scarcelli
Compass
Buyer's Agent
Mary Jeffries
Corniche Properties
List Price
$949,000
Sold Price
$895,000
Premium/Discount to List
-$54,000
-5.69%
Current Estimated Value
$1,095,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,558
Avg. Annual Appreciation
3.05%
Original Mortgage
$671,250
Outstanding Balance
$588,941
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$506,617

Purchase Details

Closed on
Sep 22, 2017
Sold by
Wade Kenneth J
Bought by
Fitzgibbons Thomas and Fitzgibbons Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2010
Sold by
Wade Ken J
Bought by
Wade Kenneth J and The Kenneth J Wade Trust

Purchase Details

Closed on
Apr 4, 2006
Sold by
Frey Robert L and Frey Carolyn
Bought by
Wade Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2005
Sold by
Frey Carolyn and Frey Caroln
Bought by
Frey Robert L and Frey Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Frey Robert L and Brewer Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,300
Interest Rate
8.6%
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
Ferris Donald L $895,000 Wfg National Title
Fitzgibbons Thomas $825,000 Corinthian Title Co
Wade Kenneth J -- None Available
Wade Ken $740,000 Fidelity National Title
Frey Robert L -- Lawyers Title Company
Frey Robert L $166,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferris Donald L $671,250
Previous Owner Fitzgibbons Thomas $424,100
Previous Owner Wade Ken $592,000
Previous Owner Frey Robert L $90,000
Previous Owner Frey Robert L $149,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold $895,000 0.0% $746 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $895,000 -5.7% $746 / Sq Ft
01/23/2019 01/23/19 For Sale $949,000 -- $791 / 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 $10,485 $998,388 $858,068 $140,320
2024 $10,485 $978,812 $841,243 $137,569
2023 $10,214 $959,620 $824,748 $134,872
2022 $9,975 $940,804 $808,576 $132,228
2021 $9,764 $922,357 $792,721 $129,636
2020 $9,700 $912,900 $784,593 $128,307
2019 $8,964 $841,500 $727,954 $113,546
2018 $8,776 $825,000 $713,680 $111,320
2017 $5,229 $484,000 $332,726 $151,274
2016 $4,889 $452,000 $300,726 $151,274
2015 $4,118 $387,000 $235,726 $151,274
2014 $3,698 $345,450 $194,176 $151,274
Source: Public Records

Agents Affiliated with this Home

  • James Scarcelli

    Seller's Agent in 2019

    James Scarcelli

    Compass

    (949) 413-3380

    3 in this area

    15 Total Sales

    James Scarcelli
    Section Image

  • M

    Buyer's Agent in 2019

    Mary Jeffries

    Corniche Properties

    (949) 545-2000

    1 Total Sale

    Mary Jeffries
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19017052

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-09

California Orange County Dana Point 92629 Monarch Beach

38 Corniche Dr Unit H, Dana Point, CA

Not Listed for Sale

Condos

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