NOT LISTED FOR SALE

Estimated Value: $2,609,420 - $3,216,000

3 Beds
2.5 Baths
2,151 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $1,225,000 $570 Per Sq Ft

Highlights

  • White Water Ocean Views
  • Heated Pool
  • Ocean Side of Freeway
  • Marco Forster Middle School Rated A-
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of May 2023

Looking for a fabulous beach location with privacy, gorgeous unobstructed ocean and coastline views, big square footage and a wonderful ocean close location…Welcome Home to 5 Regatta Way! This home is the perfect backdrop for your coastal getaway and boasts gorgeous coastline, ocean, sunset, Catalina and city light views and is located in an exclusive gated community! Walk to Strands and Salt Creek Beaches, the bluff nature trails, Dana Point Harbor & Marina and an array of downtown Dana Point shops and restaurants.

The interior is upgraded throughout and features an open floor plan, tons of windows, soaring ceilings and natural light. Spacious master suite with gorgeous ocean and coastline views and a large view deck, new beautiful hard surface flooring, upgraded windows and doors, good size secondary bedrooms, open loft, den or office area plus a gorgeous upgraded, remodeled and expanded kitchen with beautiful ocean views, upgraded bathrooms throughout, open concept floor plan, fireplace, expanded great room/family room, dining room with butlers pantry and french doors to side yard, full size two car garage and more.

The exterior features a private gated courtyard entrance, spacious side yard and a relaxing backyard with spacious lanais and breathtaking ocean, coastline, sunset, Catalina and city light views.

If you are looking for a beautiful home, huge ocean views and a great location, this is it! Walk to two beautiful beaches and Dana Point Harbor and just minutes to an array of gorgeous south county beaches and coves, golf courses, great hiking and biking trails, Laguna Beach, excellent shopping, dining and entertainment.

The perfect destination for your coastal vacation.

Last Agent to Rent the Property

Johanna Andren

Compass License #00988733 Listed on: 01/01/2023

Compass

Last Renter's Agent

Melinda Del Conte

Utopia Real Estate License #01902103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,581

Year Built

  • Built in 1987

Lot Details

  • 6,200 Sq Ft Lot
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Zero Lot Line

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Turnkey
  • Tile Roof

Interior Spaces

  • 2,151 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Loft

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Open Patio
  • Lanai
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes association dues, cable TV, gardener
  • Available 4/1/23
  • Tax Lot 3
  • Tax Tract Number 11594
  • Assessor Parcel Number 67241203

Community Details

Overview

  • Property has a Home Owners Association
  • Regatta Association
  • Kppm HOA
  • Regatta Subdivision, Largest Floorplan

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,581

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Other: 400
  • Deposit Security: 15000
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Pool and spa access within private gated community. Fully furnished and fabulous
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Regatta (REG)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67241203
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2151.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Furnished, High Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Great Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4.75
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Association, Community, Heated
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Remodeled, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Deck, Lanai, Patio, Patio Open, Terrace
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: 9498332600
  • Amenities: Pool, Spa/Hot Tub
  • Association Name: Regatta
  • Senior Community: No
  • Community Features: Curbs, Street Lights
  • Association Management: KPPM

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Lawn, Park Nearby, Sprinkler System, Sprinklers Timer, Yard, Zero Lot Line
  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1423

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Lot Size Area: 6200.0000 Square Feet
  • Management Co: KPPM
  • Number Of Units In Community: 119
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Cable TV, Gardener
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 3
  • Tax Tract Number: 11594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Kakar Amit and Kakar Seena
Bought by
Kakar Family Trust

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 10, 2013
Sold by
Schmidt Carol E
Bought by
Kakar Amit and Kakar Seena
Seller's Agent
Carol Shaffer
Pacific Sotheby’s International Realty
Buyer's Agent
Jill Lockhart
Livel Real Estate
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$980,000
Outstanding Balance
$672,639
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,194,966

Purchase Details

Closed on
Jun 14, 2001
Sold by
Schmidt Richard W
Bought by
Schmidt Richard William and Richard Schmidt 2001 Living Trust

Purchase Details

Closed on
Jul 12, 2000
Sold by
Raymond Gallagher and Raymond Margaret
Bought by
Schmidt Carol E and Schmidt Richard W

Purchase Details

Closed on
Apr 2, 1998
Sold by
Wilson Ronald E and Wilson Marilyn D
Bought by
Gallagher Raymond J and Ugarte Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
7.06%
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
Kakar Family Trust -- None Available
Kakar Amit $1,225,000 Lawyers Title
Schmidt Richard William -- --
Schmidt Carol E -- --
Schmidt Carol E $650,000 Fidelity National Title Co
Gallagher Raymond J $539,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakar Amit $980,000
Previous Owner Gallagher Raymond J $431,200
Closed Gallagher Raymond J $53,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Rented $10,208 +4.7% --
01/01/2023 01/01/23 For Rent $9,750 +2.6% --
11/26/2021 11/26/21 Rented $9,500 0.0% --
11/04/2021 11/04/21 Under Contract -- -- --
08/04/2021 08/04/21 For Rent $9,500 +50.8% --
01/30/2019 01/30/19 Rented $6,300 -3.1% --
11/26/2018 11/26/18 Price Changed $6,500 -13.3% $3 / Sq Ft
11/09/2018 11/09/18 For Rent $7,500 +7.1% --
06/30/2017 06/30/17 Rented $7,000 -41.7% --
06/24/2017 06/24/17 Price Changed $12,000 +71.4% $6 / Sq Ft
06/21/2017 06/21/17 For Rent $7,000 0.0% --
05/08/2013 05/08/13 Sold $1,225,000 -5.7% $604 / Sq Ft View Prior Sale
03/12/2013 03/12/13 For Sale $1,299,000 -- $641 / 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 $16,581 $1,508,493 $1,198,830 $309,663
2024 $16,581 $1,478,915 $1,175,323 $303,592
2023 $16,265 $1,449,917 $1,152,277 $297,640
2022 $15,666 $1,421,488 $1,129,684 $291,804
2021 $15,507 $1,393,616 $1,107,533 $286,083
2020 $15,257 $1,379,327 $1,096,177 $283,150
2019 $14,833 $1,352,282 $1,074,683 $277,599
2018 $14,534 $1,325,767 $1,053,611 $272,156
2017 $14,221 $1,299,772 $1,032,952 $266,820
2016 $13,918 $1,274,287 $1,012,698 $261,589
2015 $13,545 $1,255,147 $997,487 $257,660
2014 $13,307 $1,230,561 $977,948 $252,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23000171

California Regional Multiple Listing Service (CRMLS)

APN: 672-412-03