NOT LISTED FOR SALE

Estimated Value: $626,048 - $739,000

1 Bed
1 Bath
800 Sq Ft
1989 Built

Highlights

  • Fitness Center
  • Gated with Attendant
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • In Ground Pool
  • Clubhouse

About This Home

As of August 2016

Ocean view penthouse beach condominium located behind the 24 hour manned gates of the coastal Ritz Pointe community. Live your dream. Live at the beach. If living less than 5,000 feet from the world famous Southern California Salt Creek beach is your dream, then this is the property for you. Move in condition, just bring your love for the beach! It is virtually impossible to get this close to the beach at this low affordable price. Surrounded by multi-million dollar custom estates this home is located behind the 24 hour guarded gates of Ritz Point. Ideal for that 2nd home at the beach, weekend hide away, or beach condo rental property. Regardless of how you use it, this property is an oasis away from the busy world around us. Escape to the beach, feel the ocean’s negative ions as you lounge at the beach & rejuvenate your soul. Then awake from the paradise of living at the beach & return the hustle & bustle of your busy work schedule. The community is undergoing a renaissance of form, function & amenities. The newer association management executives continue to improve the living experience at this “little secret” by the beach.

Last Agent to Rent the Property

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/01/2016

Last Renter's Agent

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/01/2016

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Two or More Common Walls

Interior Spaces

  • 800 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $1,650
  • Rent includes association dues, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/1/16
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936651

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units
  • Built by Bui
  • Papillion

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,634

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1650
  • Furnished: Unfurnished

Listing Details

  • Property Attached: Yes
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936651
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 2.06
  • Room Type: All Bedrooms Up, Walk-In Closet
  • Spa Features: Association, In Ground

Exterior Features

  • Builder Name: Bui
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Outside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Capistrano Unified

Multi Family

  • Insurance Water Furniture: Yes
  • 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: 325
  • Rent Includes: Association Dues, Pool, Trash Collection, Water
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2010
Sold by
Hebb Donna L
Bought by
Le Ha T and Ha T Le Revocable Trust
Current Estimated Value
$669,762

Purchase Details

Closed on
Dec 3, 1996
Sold by
Monarch Beach Venture Ltd
Bought by
Hebb Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,850
Interest Rate
7.59%
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
Le Ha T $240,000 Chicago Title Company
Hebb Donna L $129,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hebb Donna L $122,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Rented $1,650 0.0% --
08/03/2016 08/03/16 Off Market $1,650 -- --
08/01/2016 08/01/16 For Rent $1,650 0.0% --
08/01/2016 08/01/16 Off Market $1,650 -- --
07/11/2014 07/11/14 Rented $1,525 0.0% --
07/11/2014 07/11/14 For Rent $1,525 0.0% --
03/21/2014 03/21/14 Rented $1,525 +8.9% --
03/21/2014 03/21/14 For Rent $1,400 -- --
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 $3,634 $307,474 $200,498 $106,976
2024 $3,634 $301,446 $196,567 $104,879
2023 $3,508 $295,536 $192,713 $102,823
2022 $3,397 $289,742 $188,935 $100,807
2021 $3,312 $284,061 $185,230 $98,831
2020 $3,313 $281,149 $183,331 $97,818
2019 $3,243 $275,637 $179,737 $95,900
2018 $3,165 $270,233 $176,213 $94,020
2017 $3,084 $264,935 $172,758 $92,177
2016 $3,010 $259,741 $169,371 $90,370
2015 $2,854 $255,840 $166,827 $89,013
2014 $2,805 $250,829 $163,559 $87,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16167558

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-51