NOT LISTED FOR SALE

Estimated Value: $866,193 - $929,000

2 Beds
2 Baths
1,165 Sq Ft
$502/mo HOA Fee

Last Sold March 23, 2020

Last sale price $505,000 $433 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,915/month

3 Days on Market

Highlights

  • Spa
  • Main Floor Bedroom
  • Laundry Room
  • John Malcom Elementary School Rated A
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of March 2020

Light and bright 2 bedroom 2 bathroom ground floor condo. Upgrades include,
expanded kitchen with hard surface countertops, stainless steel appliances,
ceramic tile flooring (“plank style”), modern vanities with under mount sinks and hard surface countertops, dual glazed windows and patio doors, recessed led lighting,
“shaker” style fireplace mantle with custom tile work surrounding the fireplace,
“shaker” style interior doors with polished chrome lever handles,
“shaker” style baseboard and door trim throughout, and a
newer Bradford and White strapped water heater

Each bedroom features a walk-in closet, plus the Master bedroom includes an ensuite bath!
Over sized living room with gas fireplace.
The separate laundry room includes full size laundry hook-ups.

Make no mistake, this is where you want to be! Monarch Beach living is like vacation-living year around. Walking trail leads to the sparkling blue Pacific, the renowned Ritz Carlton Hotel and St. Regis Resort! (Just under 1 mile) Resort-like facilities include a resort-style pool, 3 spas’ (1 with ocean view), and clubhouse. 24-hour guard gated Ritz Pointe community adjacent to the Monarch Beach Resort . Only a bike ride away from the Dana Point Harbor restaurants, shopping and more!

Last Agent to Sell the Property

John Rennie

RE/MAX One Brokerage Phone: 949-215-5000 License #01269397 Listed on: 02/19/2020

Last Buyer's Agent

Bryan Whittam

Bullock Russell RE Services License #01720340

Bullock Russell RE Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1989

HOA Fees

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Malcom 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

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936536

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Association, Phone Number (949) 833-2600
  • Corniche Master Association
  • Keystone Pacific HOA
  • Monarch Hills Condos Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,061

Year Built

Built in 1989

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: "Corniche"
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936536
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1165.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 433.48
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • 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, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 407.00
  • Association #2 Fee: 95.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Association
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Keystone Pacific

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1

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
Feb 19, 2020
Closed on
Feb 24, 2020
Sold by
Arend Pater J Vander and Arend Annette C
Bought by
Hendricks Lisa Kay and Seiple Jeffery Myles
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
Bryan Whittam
Bullock Russell RE Services
List Price
$504,900
Sold Price
$505,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$900,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,798
Avg. Annual Appreciation
11.27%
Original Mortgage
$479,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2019
Sold by
Arend Peter John Vander and Arend Annette Chien Vander
Bought by
Vander Arend Peter J Vander and Vander Arend Annette C

Purchase Details

Closed on
Sep 27, 2013
Sold by
Vander Arend Peter John and Vander Arend Annette Chien
Bought by
Vander Arend Peter John and Vander Arend Annette Chien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 2, 2013
Sold by
Banashek Kyle S
Bought by
Vander Arend Peter J and Vander Arend Annette C
Seller's Agent
Liana Norman
Coldwell Banker Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jan 29, 2009
Sold by
Banashek Kyle and Banashek Kyle
Bought by
Banashek Kyle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,097
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2008
Sold by
Maher Lori
Bought by
Banashek Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Maher Lori and Maher Steven
Bought by
Maher Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 1998
Sold by
Hud
Bought by
Jones Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1998
Sold by
Ici Funding Corp
Bought by
Hud

Purchase Details

Closed on
Jun 18, 1997
Sold by
Damato Laurence H
Bought by
Ici Funding Corp

Purchase Details

Closed on
May 24, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Damato Laurence H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,300
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
Hendricks Lisa Kay $505,000 Chicago Title Company
Vander Arend Peter J Vander -- None Available
Vander Arend Peter John -- Wfg Title Company Of Ca
Vander Arend Peter J $400,000 Lawyers Title
Banashek Kyle S -- None Available
Banashek Kyle $379,000 Chicago Title Company
Maher Lori -- Old Republic Title Company
Jones Lori $166,500 California Counties Title Co
Hud -- Chicago Title Co
Ici Funding Corp $132,258 Fidelity National Title Ins
Damato Laurence H $119,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendricks Lisa Kay $478,000
Closed Hendricks Lisa Kay $479,750
Previous Owner Arend Peter John Vander $371,000
Previous Owner Vander Arend Peter John $205,000
Previous Owner Arend Peter John Vander $125,000
Previous Owner Vander Arend Peter John $200,000
Previous Owner Banashek Kyle S $359,097
Previous Owner Banashek Kyle $341,000
Previous Owner Johnson Pamela S $130,000
Previous Owner Maher Lori $167,000
Previous Owner Jones Lori $166,100
Previous Owner Damato Laurence H $115,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $505,000 0.0% $433 / Sq Ft
02/19/2020 02/19/20 For Sale $504,900 +26.2% $433 / Sq Ft
04/26/2013 04/26/13 Sold $400,000 -1.2% $333 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
03/26/2013 03/26/13 Price Changed $405,000 -2.4% $338 / Sq Ft
03/18/2013 03/18/13 For Sale $415,000 -- $346 / 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 $6,061 $552,288 $412,778 $139,510
2024 $6,061 $541,459 $404,684 $136,775
2023 $5,884 $530,843 $396,749 $134,094
2022 $5,728 $520,435 $388,970 $131,465
2021 $5,599 $510,231 $381,343 $128,888
2020 $5,024 $450,392 $320,070 $130,322
2019 $4,921 $441,561 $313,794 $127,767
2018 $4,810 $432,903 $307,641 $125,262
2017 $4,698 $424,415 $301,609 $122,806
2016 $4,595 $416,094 $295,695 $120,399
2015 $4,422 $409,844 $291,253 $118,591
2014 $4,345 $401,816 $285,548 $116,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20030533

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-36