NOT LISTED FOR SALE

42 Ritz Cove Dr Dana Point, CA 92629

Estimated Value: $6,053,000 - $8,249,000

4 Beds
4.5 Baths
4,570 Sq Ft
$1,641/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $4,850,000 $1,061 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $44,199/month

182 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Home Theater
  • Moulton Elementary Rated A
  • Gated with Attendant
  • In Ground Pool

About This Home

As of July 2018

A gorgeous jewel box situated in Ritz Cove on the second row from Ocean, this 4 Bedroom home is absolutely exquisite. Magnificently built, you enjoy luxurious amenities at every turn, including a Theatre, Billiard Room with Bar, and a Wine Room.  The VIEWS out over the ocean from the Master and the Great Room are absolutely lovely.  Lounge by the pool in the summer and soak up the sun, or put out the Wind Sensor Awnings for some warm shade.  Cozy up to the Outdoor Fireplace in the evening.  There is a spectacular subterranean garage with room for up to 5 cars.  This is such a rare luxury to live on the second row from the beach and to have ample room to park several cars in your own garage,  AND to be able to walk to the beach.... A fabulous barbecue allows for amazing outdoor entertaining.  There are new Solar Panels, and a Whole House fan, which makes this a very Green Home.  The Family Room Great Room is open to the kitchen, and boasts a built-in Plasma TV over the handsome fireplace.  Spectacular casework throughout and a new Quartz Slab countertop in the kitchen adds incredible designer beauty.  Incredible fruit trees bursting with lovely lemons and limes grow by the outdoor fountain.  The Theatre has a Murphy bed for the optional 4th bedroom! There is a lovely casework Bar area behind the Family Great Room with pull-out refrigerator drawers and crystal display shelving. Listen to the Waves every day. Also available for Lease. This is a Dream Home!

Last Agent to Sell the Property

Suzi Dailey

Realty ONE Group West License #01746768 Listed on: 12/01/2017

Realty ONE Group West

Co-Listed By

Patrick Dailey

Realty One Group West License #01929664

Last Buyer's Agent

Suzi Dailey

Realty ONE Group West License #01746768 Listed on: 12/01/2017

Realty ONE Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,157

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Back Yard

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Barrel Roof Shape
  • Stone Siding
  • Plaster

Interior Spaces

  • 4,570 Sq Ft Home
  • Chair Railings
  • Crown Molding
  • Coffered Ceiling
  • Gas Fireplace
  • Awning
  • Custom Window Coverings
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Ocean Views
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Solar Power System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 13103
  • Assessor Parcel Number 67247135

Community Details

Overview

  • Ritz Cove Association, Phone Number (949) 481-0555

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,157

Year Built

Built in 2004

Lot Details

0

HOA Fees

$625 per month

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67247135
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4570.00 Square Feet
  • Interior Amenities: Chair Railings, Coffered Ceiling(s), Crown Molding, Dumbwaiter
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Outside, Patio, Gas, Gas Starter
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1061.27
  • Room Type: Exercise Room, Home Theatre, Living Room, Main Floor Master Bedroom, Media Room, Office, Walk-In Closet
  • Spa Features: In Ground, Private
  • Window Features: Custom Covering
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Ocean
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Barrel
  • Spa: Yes
  • Construction Materials: Plaster, Stone

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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: Dues Paid Monthly, Guard, Security, Controlled Access
  • Association Fee: 625.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove
  • Phone: 949.481.0555
  • 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

Green Features

  • Efficiency: Exposure/Shade
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 11436.00

Multi Family

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

Tax Info

  • Tax Lot: 28
  • Tax Model: C
  • Tax Tract: Ritz Cove
  • Tax Tract Number: 13103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2023
Sold by
Tabrizi Family Revocable Trust and Tabrizi Farrah
Bought by
Tabrizi Family Revocable Trust and Tabrizi
Current Estimated Value
$7,138,352

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jun 6, 2018
Sold by
Chadik Mark and Chadik Cindy
Bought by
Tabrizi Kamran and Tabrizi Farrah
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Suzi Dailey
Realty ONE Group West
List Price
$5,779,000
Sold Price
$4,850,000
Premium/Discount to List
-$929,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Messenger Ronnie Joseph and Messenger Frances Dee
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
$1,625,000
Interest Rate
5.83%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 20, 1995
Sold by
Messenger Ronnie Joseph and Messenger Frances Dee
Bought by
Messenger Ronnie Joseph and Messenger Frances Dee

Purchase Details

Closed on
Jun 12, 1995
Sold by
Stein Brief Group Inc
Bought by
Messenger Ronnie Joseph and Messenger Frances Dee
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
Tabrizi Family Revocable Trust -- None Listed On Document
Tabrizi Kamran $4,850,000 Corinthian Title
Chandik Mark $1,350,000 Chicago Title Co
Messenger Ronnie Joseph -- --
Messenger Ronnie Joseph $400,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chandik Mark $4,060,000
Previous Owner Chandik Mark $4,060,000
Previous Owner Chandik Mark $140,000
Previous Owner Chandik Mark $1,700,000
Previous Owner Chandik Mark $2,500,000
Previous Owner Chandik Mark $100,000
Previous Owner Chandik Mark $300,000
Previous Owner Chandik Mark $1,862,000
Previous Owner Chandik Mark $1,625,000
Previous Owner Messenger Ronnie Joseph $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $4,850,000 -3.0% $1,061 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/19/2018 05/19/18 Price Changed $4,999,000 -5.7% $1,094 / Sq Ft
03/18/2018 03/18/18 Price Changed $5,299,000 -6.7% $1,160 / Sq Ft
02/12/2018 02/12/18 Price Changed $5,679,000 -1.7% $1,243 / Sq Ft
12/01/2017 12/01/17 For Sale $5,779,000 -- $1,265 / 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 $56,157 $5,410,265 $3,661,297 $1,748,968
2024 $56,157 $5,304,182 $3,589,507 $1,714,675
2023 $55,098 $5,200,179 $3,519,125 $1,681,054
2022 $54,245 $5,098,215 $3,450,122 $1,648,093
2021 $52,828 $4,998,250 $3,382,472 $1,615,778
2020 $52,070 $4,947,000 $3,347,789 $1,599,211
2019 $50,936 $4,850,000 $3,282,146 $1,567,854
2018 $31,047 $2,894,082 $1,718,414 $1,175,668
2017 $30,323 $2,837,336 $1,684,720 $1,152,616
2016 $29,823 $2,781,702 $1,651,686 $1,130,016
2015 $28,904 $2,739,919 $1,626,876 $1,113,043
2014 $28,387 $2,686,248 $1,595,007 $1,091,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17265527

California Regional Multiple Listing Service (CRMLS)

APN: 672-471-35