NOT LISTED FOR SALE

Estimated Value: $786,460 - $1,028,000

2 Beds
2 Baths
1,130 Sq Ft
1988 Built

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Updated Kitchen
  • John Malcom Elementary School Rated A
  • Heated Spa
  • View of Hills

About This Home

As of June 2022

NOW AVAILABLE FOR JULY AND AUGUST SUMMER SEASON! All-one-level 2 bedroom 2 bath fully furnished top floor penthouse condo in the gated Ritz Pointe community of Monarch Hills. This is a quiet peaceful serene location surrounded by trees, nature, parks, trials, five star hotels. Spacious floorplan with separate living area opens to furnished patios. Large kitchen with bar counter plus dining area. Monarch Hills is ideally situated near Salt Creek corridor and features pool, spa, gym and walking paths which take you to the renowned surf destination, plus parks, and shopping nearby. New local eateries include Bodega Angelina Italian - and Hendrix American cuisine in nearby Ocean Ranch. Stroll next door to the newly re-imagined Waldorf Astoria and Monarch Links public golf course, or take in the many venues of the Dana Point Harbor with boating excursions, shopping, entertainment, dining and art affairs which can be enjoyed by all ages.

Last Agent to Rent the Property

Shaun Hurley

Coldwell Banker Realty License #00870450 Listed on: 06/16/2022

Coldwell Banker Realty

Last Renter's Agent

Shaun Hurley

Coldwell Banker Realty License #00870450 Listed on: 06/16/2022

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Property Views

  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Pool

  • Heated Spa
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Open Patio
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $4,400
  • Rent includes all utilities
  • Available 7/1/22
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936614

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units
  • Monarch Hills Condos Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Water Sports
  • Bike Trail

Security

  • 24-Hour Security

Condo Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Available Date: 2022-07-01
  • Credit Check Paid By: Owner
  • Deposit Security: 4400
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936614
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.89
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, Heated
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Neighborhood, Park/Greenbelt
  • Fence: No
  • Patio And Porch Features: Patio Open
  • Pool Features: Association, Heated
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Golf, Watersports

Lot Info

  • Additional Parcels: No
  • Lot Features: Level
  • Latitude Manual: 33.48997000

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2016
Sold by
Mkrtichian Emanuel E and Schouten Paulina L
Bought by
Mkrtichian Emanuel E and Schouten Paulina L
Current Estimated Value
$910,365

Purchase Details

Closed on
Oct 9, 2009
Sold by
Holmes Henry H and Holmes Morning Star
Bought by
Mkrtichian Emanuel Emil and Schouten Paulina Louisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$194,289
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$716,076

Purchase Details

Closed on
Jul 17, 2006
Sold by
Young Jason Vaile and Young Marisa Alaine
Bought by
Holmes Henry H and Holmes Morning Star

Purchase Details

Closed on
Mar 5, 2002
Sold by
Stewart Robert Brian
Bought by
Stewart Kristin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,525
Interest Rate
6.84%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Stewart Kristin H and Hoyer Kristin Kay
Bought by
Dubosky Paul T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,525
Interest Rate
6.84%

Purchase Details

Closed on
Aug 17, 1995
Sold by
Monarch Beach Venture Ltd
Bought by
Hoyer Kristin Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mkrtichian Emanuel E -- Nextitle
Mkrtichian Emanuel Emil $375,000 Lawyers Title
Holmes Henry H $515,000 Saddleback Title Company
Stewart Kristin H -- First American Title Co
Dubosky Paul T $259,500 First American Title Co
Hoyer Kristin Kay $137,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkrtichian Emanuel Emil $300,000
Previous Owner Dubosky Paul T $246,525
Previous Owner Hoyer Kristin Kay $131,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Rented $4,400 0.0% --
06/16/2022 06/16/22 For Rent $4,400 -- --
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 $5,383 $484,052 $326,039 $158,013
2024 $5,383 $474,561 $319,646 $154,915
2023 $5,220 $465,256 $313,378 $151,878
2022 $5,077 $456,134 $307,234 $148,900
2021 $4,960 $447,191 $301,210 $145,981
2020 $4,944 $442,606 $298,121 $144,485
2019 $4,842 $433,928 $292,276 $141,652
2018 $4,733 $425,420 $286,545 $138,875
2017 $4,622 $417,079 $280,927 $136,152
2016 $4,521 $408,901 $275,418 $133,483
2015 $4,188 $387,000 $264,582 $122,418
2014 $3,662 $335,000 $212,582 $122,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22131196

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-14