NOT LISTED FOR SALE

42 Monarch Beach Resort N Dana Point, CA 92629

Monarch Beach Neighborhood

Estimated Value: $5,447,000 - $6,522,000

3 Beds
3.5 Baths
3,797 Sq Ft
$540/mo HOA Fee

Last Sold August 09, 2018

Last sale price $3,800,000 $1,001 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $35,904/month

55 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Gated Community
  • John Malcom Elementary School Rated A
  • Home Theater
  • Deck

About This Home

As of August 2018

LIVE ON A FIVE STAR RESORT!! Incredible Resort Living in a luxurious three bedroom, four bath residence adjacent to the magnificent Monarch Beach Resort. This stunning Grande Monarch Villa boasts a Main ground floor living area with a magnificent view of the ocean and golf course, and a state-of-the-art designer kitchen with all the latest amenities. Light and bright, with a fabulous outdoor Entertaining area that also enjoys the beautiful sunsets and ocean view, this Villa is a perfect trifecta of new construction, ocean view, privacy, and Designer Furnishings. As an owner you enjoy all the amenities of the Five Star Resort, such as three magnificent pools, a full Gym and the World Renowned Miraval Spa. All bedrooms are on the Main Level. The Master Bedroom is a dream: a huge Master bath and a large panel of Privacy glass that clears to reveal the view with the flip of a switch; white marble topped island in closet. Lower level includes the incredibly spacious and gorgeous Media and Entertainment room, a separate Dining Area with views into the glass encased temperature-controlled Wine Cellar, Powder room & a large laundry room. Decorated with the utmost care and attention to detail, this fabulous villa is a delight, with a tranquil ocean blue theme throughout. The gorgeous Coastal elegance extends into every single room. The lovely backyard has a fabulous fire pit and a large barbeque on its own separate deck. Private 2 car garage with epoxy flooring. Also Listed for Lease.

Last Agent to Sell the Property

Suzi Dailey

Realty ONE Group West License #01746768 Listed on: 10/20/2017

Realty ONE Group West

Co-Listed By

Patrick Dailey

Realty One Group West License #01929664

Realty One Group West

Last Buyer's Agent

Patrick Dailey

Realty One Group West License #01929664

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,579

Year Built

  • Built in 2016

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Meadow
  • Park or Greenbelt

Home Design

  • Turnkey

Interior Spaces

  • 3,797 Sq Ft Home
  • Wired For Sound
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Warming Drawer
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Walk-in Shower

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Moulton Elementary School
  • Niguel Hills Middle School
  • Dana Hills High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 16769
  • Assessor Parcel Number 93290112

Community Details

Overview

  • 37 Units
  • Grand Monarch Assoc. Association, Phone Number (949) 363-1963
  • Built by William Lyons Homes
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,579

Year Built

Built in 2016

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: The Grand Monarch
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93290112
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3797.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1000.79
  • Room Type: Family Room, Great Room, Main Floor Master Bedroom, Media Room
  • Bathroom Features: Shower, Double Sinks In Master Bath, Privacy Toilet Door, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Meadow, Ocean, Park/Greenbelt, Water
  • Builder Name: William Lyons Homes
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Maintenance Grounds, Controlled Access
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Association Name: Grand Monarch Assoc.
  • Phone: 949.363.1963
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Moulton
  • Middle School: Niguel Hills
  • High School: Dana Hills
  • Elementary School: Moulton
  • High School: Dana Hills
  • Middle Or Junior School: Niguel Hills
  • Elementary School #2: MOULTO
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3797.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 37
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 16769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Chandik Mark and Chandik Cindy
Bought by
Chandik Mark and Chandik Cindy
Current Estimated Value
$5,972,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,651
Outstanding Balance
$2,679,473
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,293,421

Purchase Details

Closed on
Jun 6, 2018
Sold by
Nolan Thomas J
Bought by
Chandik Mark and Chandik Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Chandik Mark -- Boston National Title Llc
Chandik Mark $3,800,000 Corinthian Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandik Family Trust $745,000
Closed Chandik Family Trust $500,000
Open Chandik Mark $2,925,651
Closed Chandik Mark $2,825,000
Closed Chandik Mark $175,000
Previous Owner Chandik Mark $2,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $3,800,000 0.0% $1,001 / Sq Ft
01/10/2018 01/10/18 Rented $12,000 0.0% --
11/30/2017 11/30/17 For Rent $12,000 0.0% --
10/22/2017 10/22/17 Price Changed $3,950,000 -1.2% $1,040 / Sq Ft
10/20/2017 10/20/17 For Sale $3,999,000 0.0% $1,053 / Sq Ft
09/08/2017 09/08/17 Off Market $12,000 -- --
04/16/2017 04/16/17 For Rent $12,000 0.0% --
04/29/2016 04/29/16 Sold $3,690,000 +0.5% $972 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $3,670,000 -- $967 / 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 $34,579 $3,292,966 $2,296,757 $996,209
2024 $34,579 $3,228,399 $2,251,723 $976,676
2023 $33,779 $3,165,098 $2,207,572 $957,526
2022 $32,986 $3,103,038 $2,164,287 $938,751
2021 $32,301 $3,042,195 $2,121,850 $920,345
2020 $31,835 $3,011,002 $2,100,094 $910,908
2019 $31,173 $3,800,000 $2,924,462 $875,538
2018 $39,978 $3,818,268 $2,978,550 $839,718
2017 $39,060 $3,743,400 $2,920,147 $823,253
2016 $21,388 $2,107,683 $1,297,178 $810,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17240623

California Regional Multiple Listing Service (CRMLS)

APN: 932-901-12