NOT LISTED FOR SALE

Estimated Value: $3,047,000 - $6,804,000

3 Beds
3.5 Baths
2,940 Sq Ft
$1,627/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $5,500,000 $1,871 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $25,947/month

100 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Primary Bedroom Suite
  • Moulton Elementary Rated A
  • 24-Hour Security
  • Ocean Side of Highway 1

About This Home

As of December 2020

Seaside living at its best! Be mesmerized by the waves crashing and the Catalina Island sunsets. Enjoy playful dolphins and whales as they swim by while the pelicans fly overhead. This legendary location only becomes available every 50 years. Redesign or build your new dream home. Only a few steps to the private Monarch Bay Beach Club which is Managed by the Waldorf-Astoria, a five-star resort. Monarch Bay is a private enclave of spectacular homes on the ocean side of the highway. The Monarch Beach area features pristine beaches, nearby entertainment, dining, and golf. Enjoy close proximity to the Ritz Carlton, Montage, and Waldorf-Astoria. Dana Point is a vibrant town including the rejuvenation of the Lantern District and revitalization of the Dana Point harbor. Laguna Beach and Newport Beach are just up the coast.

Enjoy peace and tranquillity in this 24-hour, private, guard-gated community. Start living the Dream!

Last Agent to Sell the Property

The ImmelTeam

Pacific Sotheby's Int'l Realty License #00545198 Listed on: 08/24/2020

Pacific Sotheby's Int'l Realty

Co-Listed By

Ryan Immel

Pacific Sotheby's Int'l Realty License #01975613

Last Buyer's Agent

Kevin Kanda

Surterre Properties Inc. License #01023714

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,743

Year Built

  • Built in 1966

Lot Details

  • 7,384 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Secluded Lot
  • Garden

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Lake
  • Catalina
  • Panoramic
  • Golf Course
  • Neighborhood

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Bar
  • Beamed Ceilings
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Suburban Location

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 4472
  • Assessor Parcel Number 67015127

Community Details

Overview

  • Property has a Home Owners Association
  • Monarch Bay Association, Phone Number (949) 582-7770
  • Progressive Property Management HOA
  • Monarch Bay Subdivision
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,743

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67015127
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2940.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1870.75
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Catalina, Coastline, Golf Course, Lake, Neighborhood, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Guard, Security
  • Association Name: Monarch Bay
  • Phone: 9495827770
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights, Suburban
  • Association Management: Progressive Property Management

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Cul-De-Sac, Garden, Greenbelt, Landscaped, Secluded
  • Lot Size Sq Ft: 7384.00
  • Lot Size Acres: 0.1695

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7384.0000 Square Feet
  • Number Of Units Total: 214
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 16
  • Tax Tract Number: 4472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Dec 18, 2020
Sold by
Mmb Management Llc
Bought by
Monarch Bay Land Association
Seller's Agent
The ImmelTeam
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kevin Kanda
Surterre Properties Inc.
List Price
$6,000,000
Sold Price
$5,500,000
Premium/Discount to List
-$500,000
-8.33%
Total Days on Market
100
Current Estimated Value
$4,783,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$716,676
Avg. Annual Appreciation
-3.92%
Original Mortgage
$5,500,000
Outstanding Balance
$4,239,751
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$365,441

Purchase Details

Closed on
May 6, 2020
Sold by
Monarch Bay Land Association
Bought by
Fox Gregory T and Fox Lise F

Purchase Details

Closed on
Feb 20, 2020
Sold by
Graham Steven S and Degray Trina D
Bought by
Graham Steven S and Degray Trina D

Purchase Details

Closed on
Mar 31, 2015
Sold by
Cooper Diana G and Graham Steven S
Bought by
Graham Steven S and Degray Trina D
Source: Public Records

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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
Monarch Bay Land Association $17,876,500 First American Title Co Hsd
Fox Gregory T $2,034,500 First American Title Company
Graham Steven S -- First American Title Company
Degray Trina D -- First American Title
Graham Steven S -- First American Title Company
Graham Steven S -- None Available
Graham Steven S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Gregory T $5,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $5,500,000 -4.3% $1,871 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $5,750,000 -4.2% $1,956 / Sq Ft
08/24/2020 08/24/20 For Sale $6,000,000 -- $2,041 / 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
2024 $6,743 $515,858 $149,847 $366,011
2023 $3,975 $259,597 $146,909 $112,688
2022 $3,800 $254,507 $144,028 $110,479
2021 $3,728 $249,517 $141,204 $108,313
2020 $4,062 $246,959 $139,756 $107,203
2019 $3,901 $242,117 $137,016 $105,101
2018 $3,773 $237,370 $134,329 $103,041
2017 $3,599 $232,716 $131,695 $101,021
2016 $3,433 $228,153 $129,112 $99,041
2015 $3,049 $224,726 $127,172 $97,554
2014 -- $220,324 $124,680 $95,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20173832

California Regional Multiple Listing Service (CRMLS)

APN: 670-151-27