NOT LISTED FOR SALE

Estimated Value: $5,960,000 - $14,066,052

4 Beds
6 Baths
6,890 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $4,650,000 $675 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $52,082/month

81 Days on Market

Highlights

  • White Water Ocean Views
  • Gated with Attendant
  • Primary Bedroom Suite
  • Moulton Elementary Rated A
  • In Ground Pool
  • Ocean Side of Highway 1

About This Home

As of July 2015

Immaculate Monarch Bay home with panoramic ocean & coastal views. Walk or golf cart to the private Beach Club managed by the 5-Star St Regis Hotel. This stunning single level-like remodeled home has been meticulously kept and is turnkey. Additional bonus/media/exercise and entertaining areas on lower level open to a very private pool/spa with garden view. Enjoy coastal indoor/outdoor living from the many view decks. Lot may be purchased at this time.

Last Agent to Sell the Property

The ImmelTeam

Pacific Sotheby's Int'l Realty License #00545198 Listed on: 03/02/2015

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

The ImmelTeam

Pacific Sotheby's Int'l Realty License #00545198 Listed on: 03/02/2015

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,342

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Back and Front Yard

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Golf Course
  • Pool

Interior Spaces

  • 6,890 Sq Ft Home
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • French Mullion Window
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Den
  • Home Gym
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Paid

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 3839
  • Assessor Parcel Number 67013137

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,342

Year Built

Built in 2009 | Remodeled

Lot Details

0

HOA Fees

$203 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67013137
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6890.00
  • Interior Amenities: Bar, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 674.89
  • Room Type: Den, Family Room, Great Room, Exercise Room, Living Room, Master Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet
  • Spa Features: Private
  • Window Features: French/Mullioned, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Golf Course, Ocean, Panoramic, Pool, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2430.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lot 6500-9999, Corner Lot
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 485.23
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units In Community: 214
  • Number Of Units Total: 214
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 03839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 29, 2015
Sold by
Kermott Gary L and Kermott Debra J
Bought by
Hustedt Family Trust
Seller's Agent
The ImmelTeam
Pacific Sotheby's Int'l Realty
Buyer's Agent
The ImmelTeam
Pacific Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$4,650,000
Premium/Discount to List
$655,000
16.4%
Current Estimated Value
$9,121,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,471,763
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Mmb Management Llc
Bought by
Kermott Gary L and Kermott Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Kermott Gary L and Kermott Debra J
Bought by
Kermott Gary L and Kermott Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Hustedt Family Trust $4,650,000 First American Title Company
Kermott Gary L -- First American Title Company
Kermott Gary L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hustedt William H $2,500,000
Closed Hustedt Kristi L $1,500,000
Closed Hustedt William H $2,500,000
Closed Hustedt William H $1,820,000
Closed Hustedt William H $1,450,000
Previous Owner Kermott Gary L $1,200,000
Previous Owner Kermott Gary L $500,000
Previous Owner Kermott Gary L $790,000
Previous Owner Kermott Gary L $1,000,000
Previous Owner Kermott Gary L $839,000
Previous Owner Kermott Gary L $325,000
Previous Owner Kermott Gary L $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $4,650,000 -10.6% $675 / Sq Ft
06/25/2015 06/25/15 Price Changed $5,200,000 +30.2% $755 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $3,995,000 -- $580 / 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 $39,342 $3,699,468 $1,556,077 $2,143,391
2024 $39,342 $3,626,930 $1,525,566 $2,101,364
2023 $38,542 $3,555,814 $1,495,653 $2,060,161
2022 $37,830 $3,486,093 $1,466,327 $2,019,766
2021 $37,016 $3,417,739 $1,437,576 $1,980,163
2020 $36,235 $3,382,695 $1,422,836 $1,959,859
2019 $35,187 $3,316,368 $1,394,937 $1,921,431
2018 $35,144 $3,251,342 $1,367,586 $1,883,756
2017 $23,079 $2,164,793 $1,340,771 $824,022
2016 $23,415 $2,188,860 $1,314,482 $874,378
2015 $22,733 $2,134,070 $1,321,679 $812,391
2014 $22,330 $2,092,267 $1,295,789 $796,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15043629

California Regional Multiple Listing Service (CRMLS)

APN: 670-131-37