NOT LISTED FOR SALE

Estimated Value: $834,821 - $895,000

2 Beds
2 Baths
1,165 Sq Ft
1989 Built

Last Sold October 01, 2014

Last sale price $380,000 $326 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,159/month

Highlights

  • Spa
  • Laundry Room
  • Central Heating and Cooling System
  • John Malcom Elementary School Rated A

About This Home

As of September 2022

Stunning 2 bedroom 2 bathroom beach condo located behind the gates of the coastal Ritz Pointe community. This unit is beautifully updated with LVP flooring throughout, fresh paint, crown molding, recessed lighting, plantation shutters, granite counter tops in kitchen and stainless steel stove and microwave included! Relax and unwind by the cozy fireplace located in the living room. Unit has laundry room with hook ups for full size washer and dryer. Move in ready, just bring your love for the beach. Located less than 5,000 feet from the world famous Southern California Salt Creek beach. This property is an oasis away from the busy world around us. Enjoy the walking trail to the sparkling blue Pacific, the renowned Ritz Carlton Hotel and St. Regis Resort! (Just under 1 mile) Resort-like facilities include a sparkling pool, 3 spa's (1 with ocean view), and clubhouse.

Last Agent to Rent the Property

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/31/2022

Last Renter's Agent

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/31/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 1989

Interior Spaces

  • 1,165 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Malcolm Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Additional Features

  • Spa
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 9/1/22
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936535

Community Details

Overview

  • Property has a Home Owners Association
  • $75 HOA Transfer Fee
  • 325 Units
  • Monarch Hills Condos Subdivision

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,113

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Total Move In Costs: 6000.00
  • Transfer Fees: 75.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936535
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1165.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.58
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Capistrano Unified
  • Elementary School: Malcolm
  • Middle School: Marco Forester
  • High School: Dana Hills
  • Elementary School: Malcolm
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOL
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Management Co: Property Management of SoCal
  • Management Co Phone: 949-215-5000
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 29, 2014
Sold by
Hamamura Scott H and Hamamura Stefanie T
Bought by
Paez Family Trust
Seller's Agent
Cindy McDonald
Mission Realtors
Buyer's Agent
John Rennie
RE/MAX One
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%
Current Estimated Value
$868,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,705
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Jan 15, 2010
Sold by
Bank Of America Na
Bought by
Hamamura Scott H and Hamamura Stefanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2009
Sold by
Nainoa Frank R
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 14, 2002
Sold by
Turner William and Turner Carson L
Bought by
Nainoa Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
7.08%

Purchase Details

Closed on
May 24, 2000
Sold by
Parrish Jon S and Parrish Kris
Bought by
Turner William and Turner Carson L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,750
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Parrish Jon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
8.3%
Mortgage Type
FHA
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
Paez Family Trust $380,000 Stewart Title Of Ca Inc
Hamamura Scott H $315,000 Landsafe Title
Bank Of America Na $255,850 Landsafe Title
Nainoa Frank R $245,000 First Southwestern Title Co
Turner William $208,000 First American Title Ins Co
Parrish Jon S $114,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamamura Scott H $309,294
Previous Owner Nainoa Frank R $360,000
Previous Owner Nainoa Frank R $195,900
Previous Owner Turner William $201,100
Previous Owner Turner William $201,750
Previous Owner Parrish Jon S $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Rented $3,000 0.0% --
09/08/2022 09/08/22 Off Market $3,000 -- --
09/01/2022 09/01/22 For Rent $3,000 0.0% --
08/31/2022 08/31/22 Off Market $3,000 -- --
03/16/2020 03/16/20 Rented $2,300 -4.2% --
02/26/2020 02/26/20 For Rent $2,400 0.0% --
10/01/2014 10/01/14 Sold $380,000 -7.1% $317 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $409,000 0.0% $341 / Sq Ft
07/13/2012 07/13/12 Rented $1,775 0.0% --
06/25/2012 06/25/12 Under Contract -- -- --
06/17/2012 06/17/12 For Rent $1,775 -- --
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 $5,113 $456,699 $310,367 $146,332
2024 $5,113 $447,745 $304,282 $143,463
2023 $4,956 $438,966 $298,316 $140,650
2022 $4,818 $430,359 $292,466 $137,893
2021 $4,706 $421,921 $286,731 $135,190
2020 $4,692 $417,595 $283,791 $133,804
2019 $4,596 $409,407 $278,226 $131,181
2018 $4,491 $401,380 $272,771 $128,609
2017 $4,385 $393,510 $267,422 $126,088
2016 $4,288 $385,795 $262,179 $123,616
2015 $4,118 $380,000 $258,240 $121,760
2014 $3,630 $331,691 $207,069 $124,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22190329

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-35