NOT LISTED FOR SALE

Estimated Value: $6,705,000 - $35,890,410

6 Beds
6.5 Baths
4,913 Sq Ft
$4,335/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $31,500,000 $6,412 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $142,428/month

Highlights

  • Ocean View
  • Filtered Pool
  • Tennis Courts
  • Moulton Elementary Rated A
  • 0.47 Acre Lot
  • 3 Car Attached Garage

About This Home

As of June 2023

MLS Entry for comps purpose only

Last Agent to Sell the Property

Lee Ann Canaday

RE/MAX Fine Homes License #00560041 Listed on: 06/26/2023

RE/MAX Fine Homes

Last Buyer's Agent

Jill Lockhart

Livel Real Estate License #01913762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $327,068

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $2,700 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,913 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Pool Tile

Additional Features

  • Rain Gutters
  • Central Air

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3839
  • Assessor Parcel Number 67014133
  • $3,433 per year additional tax assessments

Community Details

Overview

  • Progressive Association, Phone Number (949) 582-7770
  • Progressiive HOA
  • Monarch Bay Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$327,068

Year Built

Built in 1964

Lot Details

0

HOA Fees

$2,700 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67014133
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4913.00 Square Feet
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6411.56
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Ocean
  • Pool Features: Private, Filtered, Heated, In Ground, Tile
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s)
  • Association Fee: 2700.00
  • Association Fee Frequency: Monthly
  • Association Name: Progressive
  • Phone: 9495827770
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Progressiive

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20400.00
  • Lot Size Acres: 0.4683

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 13
  • Tax Tract Number: 3839
  • TaxOtherAnnualAssessmentAmount: 3433.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jun 8, 2023
Sold by
Paphites Tassos and Paphites Dolores
Bought by
39Mb Llc
Seller's Agent
Lee Ann Canaday
RE/MAX Fine Homes
Buyer's Agent
Jill Lockhart
Livel Real Estate
List Price
$31,500,000
Sold Price
$31,500,000
Current Estimated Value
$21,297,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,202,295
Avg. Annual Appreciation
-15.83%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Mmb Management Llc
Bought by
Monarch Bay Land Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,800,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2020
Sold by
Monarch Bay Land Association
Bought by
Paphites Tassos and Paphites Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,800,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 5, 2014
Sold by
Farago Fred G
Bought by
Farago Betty J
Seller's Agent
Mark Sweeney
Pacific Sotheby’s International Realty
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$7,999,999
Sold Price
$7,700,000
Premium/Discount to List
-$299,999
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Hammond Mark
Bought by
Hammond Mark S

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
5.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 6, 2004
Sold by
Hammond Mark and Hammond Deborah Ellis
Bought by
Hammond Mark
Source: Public Records

Range of Values:

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Average Value
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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
39Mb Llc $31,500,000 First American Title
Monarch Bay Land Association $225,188,000 None Available
Paphites Tassos $5,739,500 First American Title Company
Farago Betty J -- Chicago Title Company
Hammond Mark S -- Commonwealth Title
Hammond Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paphites Tassos $3,000,000
Previous Owner Paphites Tassos $3,000,000
Previous Owner Paphites Tassos $5,000,000
Previous Owner Paphites Tassos $5,800,000
Previous Owner Paphites Tassos $2,100,000
Previous Owner Hammond Mark S $1,000,000
Previous Owner Hammond Mark $832,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $31,500,000 0.0% $6,412 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $31,500,000 +245.2% $6,412 / Sq Ft
04/20/2018 04/20/18 Sold $9,125,000 -8.3% $2,141 / Sq Ft
02/09/2018 02/09/18 For Sale $9,950,000 +87.7% $2,334 / Sq Ft
08/18/2016 08/18/16 Sold $5,300,000 -18.4% $1,243 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/20/2016 06/20/16 Price Changed $6,495,000 -6.5% $1,524 / Sq Ft
04/21/2016 04/21/16 For Sale $6,950,000 0.0% $1,630 / Sq Ft
04/21/2016 04/21/16 Price Changed $6,950,000 +31.1% $1,630 / Sq Ft
02/29/2016 02/29/16 Off Market $5,300,000 -- --
02/26/2016 02/26/16 Price Changed $7,995,000 +6.6% $1,875 / Sq Ft
01/14/2016 01/14/16 Price Changed $7,500,000 -3.8% $1,759 / Sq Ft
01/07/2016 01/07/16 Price Changed $7,795,000 -8.3% $1,829 / Sq Ft
12/23/2015 12/23/15 For Sale $8,500,000 +10.4% $1,994 / Sq Ft
09/23/2014 09/23/14 Sold $7,700,000 -3.7% $2,081 / Sq Ft
06/13/2014 06/13/14 For Sale $7,999,999 -- $2,162 / 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 $327,068 $32,772,600 $31,874,335 $898,265
2024 $327,068 $32,130,000 $31,249,348 $880,652
2023 $93,576 $8,971,929 $8,205,471 $766,458
2022 $92,206 $8,785,882 $8,044,579 $741,303
2021 $89,470 $8,564,762 $7,886,842 $677,920
2020 $88,862 $8,524,254 $7,886,842 $637,412
2019 $96,697 $9,349,853 $8,721,704 $628,149
2018 $57,132 $5,508,353 $4,916,641 $591,712
2017 $55,361 $5,341,523 $4,820,236 $521,287
2016 $80,560 $7,817,425 $7,286,224 $531,201
2015 $79,428 $7,700,000 $7,176,778 $523,222
2014 $78,363 $7,587,225 $7,023,343 $563,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23113838

California Regional Multiple Listing Service (CRMLS)

APN: 670-141-33