RENTED JAN 20, 2025

Estimated Value: $5,282,397 - $8,105,000

4 Beds
3.5 Baths
3,306 Sq Ft
$2,028/Sq Ft Est. Value

Highlights

  • Ocean View
  • Beach Access
  • Spa
  • Moulton Elementary Rated A
  • 24-Hour Security
  • Wood Flooring

About This Home

As of January 2025

Gorgeous Monarch Bay Fully Furnished Custom Home. This property is located in the Prestigious Oceanfront Community of Monarch Bay and exhibits extraordinary attention to detail and features a Chef's Kitchen with a Subzero Refrigerator, a Six-Burner Stove, Double Ovens, and dual sinks. The eat-in kitchen opens to a Formal Dining Room and Family Room with a Fireplace and beautiful Ocean Views. The Backyard is an entertainer's Dream with an Outdoor Kitchen, sit-down Bar, Bar-B-Que, Refrigerator, Spa, and Private Shower. At the entry level are four well-appointed and spacious bedrooms, a laundry room, and three bathrooms. Off the two-car garage is a workout room/office and storage room. This home has solar power, but utility expenses of up to $1000 per month are also included. Experience all Monarch Bay offers, including the Monarch Bay Beach Club five-star restaurant *, expansive outdoor seating, and beach attendants. Conveniently located near The Waldorf Astoria Monarch Beach Resort and the Ritz Carlton, as well as world-class golfing at the Monarch Beach GolfLinks. * The Monarch Bay Beach Club Membership is available for an additional $2000/month.

Last Agent to Rent the Property

John Yocca

Berkshire Hathaway HomeService Brokerage Phone: 9496838884 License #02080125 Listed on: 01/09/2025

Berkshire Hathaway HomeService

Last Renter's Agent

Lauren Warburton

Compass License #02138700

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 10,115 Sq Ft Lot
  • East Facing Home
  • Privacy Fence
  • Block Wall Fence
  • Stucco Fence
  • Corner Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 3,306 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Beach Access
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $42,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/10/25
  • Tax Lot 27
  • Tax Tract Number 3839
  • Assessor Parcel Number 67013150
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • $300 HOA Transfer Fee
  • Monarch Bay Subdivision

Recreation

  • Tennis Courts

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-01-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 42000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fees: 300.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Beach Club Membership Available, Utilities - See Private Remarks
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67013150
  • Year Built: 1971
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3306.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Furnished, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Multi/Split
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 6.09
  • Room Type: All Bedrooms Down, Bonus Room, Exercise Room, Kitchen, Living Room, Main Floor Primary Bedroom
  • Spa Features: Private
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Direction Faces: East
  • View: Ocean
  • Fence: Yes
  • Fencing: Block, Privacy, Stucco Wall
  • Pool Private: No
  • Roof: Shake, Wood
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Double Oven
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Guard
  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 10115.00
  • Lot Size Acres: 0.2322

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 24 Months
  • Lot Size Area: 10115.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 27
  • Tax Tract Number: 3839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2013
Sold by
Coleman Joseph L and Coleman Kathleen Y
Bought by
Coleman Joseph L and Coleman Kathleen Y
Current Estimated Value
$6,703,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,385,674
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$5,317,925

Purchase Details

Closed on
Dec 5, 2012
Sold by
Mmb Management Llc
Bought by
Coleman Joseph L and Coleman Kathleen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,385,674
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$5,317,925
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
Coleman Joseph L -- None Available
Coleman Joseph L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Joseph L $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2025 01/20/25 Rented $20,150 -4.0% --
01/09/2025 01/09/25 For Rent $21,000 -4.5% --
04/20/2022 04/20/22 Rented $22,000 0.0% --
03/24/2022 03/24/22 For Rent $22,000 -- --
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 $11,449 $889,221 $386,132 $503,089
2024 $11,449 $871,786 $378,561 $493,225
2023 $11,366 $854,693 $371,139 $483,554
2022 $11,030 $830,935 $363,862 $467,073
2021 $10,983 $814,643 $356,728 $457,915
2020 $10,435 $806,290 $353,070 $453,220
2019 $9,871 $790,481 $346,147 $444,334
2018 $9,756 $774,982 $339,360 $435,622
2017 $9,278 $759,787 $332,706 $427,081
2016 $8,952 $744,890 $326,183 $418,707
2015 $8,299 $724,030 $321,283 $402,747
2014 $8,162 $709,848 $314,990 $394,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25006206

California Regional Multiple Listing Service (CRMLS)

APN: 670-131-50