$699,900
SOLD AUG 14, 2024
1 Bed
1 Bath
755 Sq Ft
$584/mo HOA Fee

Recently Sold

$927 Per Sq Ft

7% Below List Price

68 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Central Heating
  • John Malcom Elementary School Rated A
  • Laundry Room

About This Home

As of August 2024

Experience your ideal coastal lifestyle – reside by the beach! Situated just steps away from the renowned Salt Creek beach in Southern California, this property offers the epitome of coastal living. Meticulously cared for and ready for you to move in, all you need is your love for beachfront living! It's a rare chance to live so close to the ocean at such an accessible price. This 1 bedroom, one bathroom ground-level condo features a luminous and open atmosphere and cozy fireplace. The spacious kitchen, walk-in closets, generous private deck, and utility room with washer/dryer hookups ensure both comfort and convenience. Secured by a 24-hour guarded gate, this residence is nestled within the prestigious Ritz Point community, surrounded by opulent custom homes. Escape the hustle and bustle of daily life and retreat to this tranquil seaside sanctuary. Let the calming embrace of oceanic negative ions wash over you as you unwind on the beach, revitalizing your soul. Wake up to the paradise of beachfront living and leave behind the pressures of the outside world as you return to your serene abode. Don't let this exceptional opportunity slip away to embrace the coastal lifestyle you've always envisioned!

Last Agent to Sell the Property

John Rennie

RE/MAX One Brokerage Phone: 949-215-5000 License #01269397 Listed on: 05/13/2024

Last Buyer's Agent

Jivesh Sabnani

Stanford Raffles Commercial License #01957057

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1989

HOA Fees

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936646

Community Details

Overview

  • 325 Units
  • Monarch Hills Condos Association, Phone Number (949) 491-1444
  • Action Property Management Association, Phone Number (949) 450-0202
  • Nexus Smart Communities HOA
  • Monarch Hills Condos Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,563

Year Built

Built in 1989

Lot Details

0

HOA Fees

$584 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936646
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 755.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 927.02
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Ocean
  • Pool Features: Community
  • Pool Private: No

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

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 474.00
  • Association #2 Fee: 110.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condos
  • Phone: 949-491-1444
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Nexus Smart Communities
  • Association Management 2: Action Property Management

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.48811000

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
Aug 22, 2014
Closed on
Sep 18, 2014
Sold by
Fannie Mae
Bought by
Mcbride Linda M
Seller's Agent
Ike Matalon
Silver Lining Realty
Buyer's Agent
Kandi Larco
Keller Williams Realty
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%
Current Estimated Value
$712,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,681
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Jul 14, 2014
Sold by
Dudley Patricia A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2007
Sold by
Dudley Patricia A
Bought by
Dudley Patricia Anne and 2007 Patricia Anne Dudley Trust

Purchase Details

Closed on
Nov 25, 1996
Sold by
Monarch Beach Venture Ltd
Bought by
Dudley Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.91%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $287,000 Wfg Title Company
Trustee Deed $304,393 Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed $104,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Future Advance Clause Open End Mortgage
Previous Owner $544,185 FHA
Previous Owner $85,300 Unknown
Previous Owner $75,313 Unknown
Previous Owner $63,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $699,900 0.0% $927 / Sq Ft
07/15/2024 07/15/24 Price Changed $699,900 -3.4% $927 / Sq Ft
07/08/2024 07/08/24 Price Changed $724,900 0.0% $960 / Sq Ft
07/01/2024 07/01/24 Price Changed $725,000 +1.4% $960 / Sq Ft
06/29/2024 06/29/24 Price Changed $714,900 -4.7% $947 / Sq Ft
05/13/2024 05/13/24 For Sale $749,900 +161.3% $993 / Sq Ft
10/09/2014 10/09/14 Sold $287,000 +0.7% $381 / Sq Ft
08/22/2014 08/22/14 For Sale $285,000 -- $378 / 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 $1,563 $699,900 $588,341 $111,559
2024 $1,563 $103,774 $38,985 $64,789
2023 $1,480 $101,740 $38,221 $63,519
2022 $1,406 $99,746 $37,472 $62,274
2021 $1,359 $97,791 $36,738 $61,053
2020 $1,378 $96,789 $36,362 $60,427
2019 $1,345 $94,892 $35,649 $59,243
2018 $1,302 $93,032 $34,950 $58,082
2017 $1,256 $91,208 $34,264 $56,944
2016 $1,212 $89,420 $33,592 $55,828
2015 $1,074 $88,077 $33,087 $54,990
2014 $1,019 $75,645 $26,228 $49,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24096267

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-46