NOT LISTED FOR SALE

Estimated Value: $584,360 - $723,000

1 Bed
1 Bath
800 Sq Ft
$398/mo HOA Fee

Last Sold October 01, 2015

Last sale price $315,000 $394 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,319/month

98 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Clubhouse
  • John Malcom Elementary School Rated A
  • Private Pool
  • Property is near a clubhouse

About This Home

As of October 2015

Walk to the beach from this beautifully upgraded & spacious 1 bedroom in the guard gated community of Ritz Pointe. Monarch Hills Condos include resort amenities with Pool, 3 spas, fitness center & clubhouse & a direct access trail within the community to Salt Creek Beach, The St. Regis, The Ritz & The Monarch Links Golf Course with relaxing views along the way. Neutral tones & tasteful upgrades complete the comfortable & private floor plan of this home. Lovely Stone flooring graces the living room with gas fireplace, the separate dining room & the kitchen, with granite counters & stainless steel appliances. The Large balcony, accessible from both the living room & the bedroom, offers neighborhood views & plenty of room for company. A full sized laundry room is located just outside the roomy, carpeted bedroom with spacious walk-in closet & updated bath. Top the day off in your own fully tiled Jacuzzi tub, supported by a 2nd water heater & complete with double head shower. Additional features include A/C, ceiling lights, window blinds, paneled doors, crown moulding & baseboards! Whether you work or vacation in this renowned beach community, you will appreciate the value in this property & convenient location to the beach, harbor, shopping & freeway access.

Last Agent to Sell the Property

Bill Hobbs

Berkshire Hathaway HomeService License #01241331 Listed on: 08/05/2015

Berkshire Hathaway HomeService

Last Buyer's Agent

Michael McDermott

Realty One Group West License #01213844

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Common Roof

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Guest Parking
  • Parking Lot

Pool

  • Spa

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936672

Community Details

Overview

  • 325 Units

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,282

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936672
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Gas, Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 393.75
  • Room Type: Living Room, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Screens

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Neighborhood
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Association, Fenced
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Guest, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Water Heater Central
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Guard, Gym/Ex Room, Pet Rules, Pool, Spa/Hot Tub
  • Association Fee: 308.00
  • Association #2 Fee: 90.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Features: Close to Clubhouse, Landscaped, Park Nearby

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Gerlach Stephanie L
Bought by
Gerlach William C
Current Estimated Value
$672,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Outstanding Balance
$204,559
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$467,781

Purchase Details

Closed on
Jun 25, 2015
Sold by
Daley Michael J
Bought by
Gerlach William C and Gerlach Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Daley Anna M
Bought by
Daley Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2010
Sold by
Hannegan Ryan Joseph
Bought by
Daley Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2002
Sold by
Milliren Karen L
Bought by
Hannegan Ryan Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.08%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Monarch Beach Venture Ltd
Bought by
Milliren Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,600
Interest Rate
7.13%
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
Gerlach William C -- North American Title Co Inc
Gerlach William C $315,000 Title365
Daley Michael J -- Lawyers Title Co
Daley Michael J $220,000 Lawyers Title Co
Hannegan Ryan Joseph -- Lawyers Title Co
Hannegan Ryan Joseph $195,000 Gateway Title Company
Milliren Karen L $116,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach William C $254,000
Previous Owner Gerlach William C $252,000
Previous Owner Daley Michael J $216,015
Previous Owner Hannegan Ryan Joseph $175,500
Previous Owner Milliren Karen L $112,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $315,000 0.0% $394 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $315,000 0.0% $394 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $315,000 0.0% $394 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $315,000 0.0% $394 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
06/03/2015 06/03/15 Price Changed $315,000 +17.1% $394 / Sq Ft
05/18/2015 05/18/15 For Sale $269,000 -- $336 / 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 $4,282 $372,892 $269,033 $103,859
2024 $4,282 $365,581 $263,758 $101,823
2023 $4,143 $358,413 $258,586 $99,827
2022 $4,020 $351,386 $253,516 $97,870
2021 $3,923 $344,497 $248,546 $95,951
2020 $3,918 $340,965 $245,997 $94,968
2019 $3,836 $334,280 $241,174 $93,106
2018 $3,746 $327,726 $236,445 $91,281
2017 $3,654 $321,300 $231,808 $89,492
2016 $3,570 $315,000 $227,262 $87,738
2015 $2,655 $236,284 $144,565 $91,719
2014 $2,609 $231,656 $141,733 $89,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15107054

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-72