NOT LISTED FOR SALE

Estimated Value: $669,000 - $851,000

1 Bed
1 Bath
755 Sq Ft
1989 Built

Last Sold April 28, 2023

Last sale price $638,000 $845 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,463/month

Highlights

  • Ocean View
  • Property has ocean access
  • Gated with Attendant
  • John Malcom Elementary School Rated A
  • Fitness Center
  • Ocean Side of Freeway

About This Home

As of July 2023

Most competitively priced single bedroom in this area with beach access and behind a private gate guard. Second floor single level fully furnished or unfurnished your choice in the beautiful gated community of Ritz Point. Has a very nice ocean view from both the living room and balcony. Home has been updated with a brand new reverse osmosis water system, new quartz kitchen countertops, new lighting in kitchen and dining room. Outside private balcony has a full size washer and dryer in separate room. Community has pool, spa, clubhouse and fitness room. Very short walk along private community path to world famous Strands and Salt Creek Beach!

Last Agent to Rent the Property

Amy Caldwell

HomeSmart, Evergreen Realty License #01952847 Listed on: 05/10/2023

HomeSmart, Evergreen Realty

Last Renter's Agent

Amy Caldwell

HomeSmart, Evergreen Realty License #01952847 Listed on: 05/10/2023

HomeSmart, Evergreen Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Recessed Lighting
  • Gas Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Quartz Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Freeway
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,750
  • Rent includes association dues, gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/11/23
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936650

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units
  • Ritz Pointe Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,167

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2023-05-11
  • Credit Check Paid By: Owner
  • Deposit Security: 2750
  • Furnished: Furnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Other Phone Description: 7143972943
  • Property Attached: Yes
  • Security: Gated with Guard
  • Subdivision Name Other: Ritz Pointe (RTZP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936650
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 755.00 Square Feet
  • Interior Amenities: Balcony, Furnished, Recessed Lighting
  • Stories: 1
  • Entry Location: Stairwell, front of building
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.64
  • Room Type: Laundry
  • Room Kitchen Features: Quartz Counters, Tile Counters

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 24 Months, 6 Months, Month To Month, Short Term Lease
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection, Water
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Mar 29, 2023
Sold by
Brown Flynn C and Brown Norma D
Bought by
Cole Family Trust
Seller's Agent
Sharon Bryant
Coldwell Banker Realty
Buyer's Agent
Amy Caldwell
HomeSmart, Evergreen Realty
List Price
$695,000
Sold Price
$638,000
Premium/Discount to List
-$57,000
-8.2%
Views
57
Current Estimated Value
$725,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,532
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Calvin Lance
Bought by
Calvin Maria C

Purchase Details

Closed on
Jul 21, 2008
Sold by
Calvin Maria C and Pedersen Maria C
Bought by
Brown Flynn C and Brown Norma D

Purchase Details

Closed on
Dec 10, 1998
Sold by
Pedersen Maria C
Bought by
Pedersen Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 1996
Sold by
Monarch Beach Venture Ltd
Bought by
Pedersen Maria C

Purchase Details

Closed on
May 20, 1996
Sold by
Pedersen Mark K
Bought by
Pedersen Maria C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cole Family Trust $638,000 Lawyers Title
Calvin Maria C -- Equity Title Orange County-I
Brown Flynn C $379,500 Equity Title Orange County-I
Pedersen Maria C -- First American Title Ins Co
Pedersen Maria C $111,000 Stewart Title
Pedersen Maria C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedersen Maria C $148,000
Previous Owner Pedersen Maria C $185,500
Previous Owner Pedersen Maria C $108,500
Previous Owner Pedersen Maria C $75,000
Previous Owner Pedersen Maria C $105,000
Previous Owner Pedersen Maria C $70,000
Previous Owner Pedersen Maria C $61,000
Previous Owner Pedersen Maria C $112,000
Previous Owner Pedersen Maria C $14,000
Previous Owner Pedersen Maria C $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2023 07/15/23 Rented $2,750 0.0% --
07/07/2023 07/07/23 Under Contract -- -- --
06/27/2023 06/27/23 Price Changed $2,750 -6.8% $4 / Sq Ft
06/13/2023 06/13/23 Price Changed $2,950 -7.8% $4 / Sq Ft
06/12/2023 06/12/23 Price Changed $3,200 -8.6% $4 / Sq Ft
05/18/2023 05/18/23 For Rent $3,500 0.0% --
05/17/2023 05/17/23 Off Market $3,500 -- --
05/10/2023 05/10/23 For Rent $3,500 0.0% --
04/28/2023 04/28/23 Sold $638,000 -1.8% $845 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $650,000 -6.5% $861 / Sq Ft
01/28/2023 01/28/23 For Sale $695,000 0.0% $921 / Sq Ft
11/27/2021 11/27/21 Rented $3,000 0.0% --
11/16/2021 11/16/21 Under Contract -- -- --
11/04/2021 11/04/21 For Rent $3,000 +1.7% --
04/14/2021 04/14/21 Rented $2,950 0.0% --
03/16/2021 03/16/21 Under Contract -- -- --
01/29/2021 01/29/21 For Rent $2,950 0.0% --
01/29/2021 01/29/21 Rented $2,950 0.0% --
11/07/2020 11/07/20 For Rent $2,950 +9.3% --
11/01/2020 11/01/20 Rented $2,700 0.0% --
09/10/2020 09/10/20 For Rent $2,700 -10.0% --
07/18/2020 07/18/20 Rented $3,000 +13.2% --
06/25/2020 06/25/20 For Rent $2,650 +7.1% --
08/19/2019 08/19/19 Rented $2,475 0.0% --
08/02/2019 08/02/19 Under Contract -- -- --
07/17/2019 07/17/19 Price Changed $2,475 -1.0% $3 / Sq Ft
05/20/2019 05/20/19 Price Changed $2,500 -9.1% $3 / Sq Ft
04/05/2019 04/05/19 For Rent $2,750 +39.2% --
10/22/2018 10/22/18 Rented $1,975 0.0% --
10/22/2018 10/22/18 Under Contract -- -- --
10/11/2018 10/11/18 For Rent $1,975 0.0% --
10/07/2018 10/07/18 Rented $1,975 0.0% --
10/04/2018 10/04/18 Off Market $1,975 -- --
09/24/2018 09/24/18 Price Changed $1,975 -1.3% $2 / Sq Ft
09/14/2018 09/14/18 Price Changed $2,000 -4.8% $3 / Sq Ft
07/30/2018 07/30/18 For Rent $2,100 +5.0% --
08/01/2017 08/01/17 Rented $2,000 0.0% --
08/01/2017 08/01/17 Under Contract -- -- --
06/27/2017 06/27/17 For Rent $2,000 0.0% --
06/27/2017 06/27/17 Rented $2,000 0.0% --
12/08/2016 12/08/16 Price Changed $2,000 -9.1% $3 / Sq Ft
11/07/2015 11/07/15 Price Changed $2,200 +15.8% $3 / Sq Ft
01/17/2014 01/17/14 For Rent $1,900 -- --
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 $7,167 $663,775 $553,566 $110,209
2024 $7,167 $650,760 $542,711 $108,049
2023 $5,267 $469,721 $348,359 $121,362
2022 $5,122 $460,511 $341,528 $118,983
2021 $5,005 $451,482 $334,832 $116,650
2020 $4,967 $444,720 $331,399 $113,321
2019 $4,865 $436,000 $324,901 $111,099
2018 $4,518 $404,000 $305,945 $98,055
2017 $3,844 $340,000 $241,945 $98,055
2016 $3,824 $340,000 $241,945 $98,055
2015 $3,375 $307,000 $208,945 $98,055
2014 $2,919 $262,025 $163,970 $98,055
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23080943

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-50