NOT LISTED FOR SALE

Estimated Value: $826,853 - $965,000

2 Beds
2 Baths
1,200 Sq Ft
$405/mo HOA Fee

Last Sold November 06, 2014

Last sale price $420,000 $350 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,685/month

184 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Open Floorplan
  • John Malcom Elementary School Rated A
  • Private Pool
  • Clubhouse

About This Home

As of November 2014

Perfect investor opportunity if you are looking for beach-close income property with high rental demand, great vacation home or just a starter home. Located in one of the most prestigious guard gated communities of Ritz Pointe. Surrounded by multi million dollar homes, St. Regis & Ritz hotels, this never been lived in after complete remodel condo has a lot to offer: Gorgeous dark hardwood through out, recessed lights, brand new windows & doors through out, brand new gourmet kitchen with granite countertops & stainless still appliances. Brand new bathrooms with granite counter top vanities. Spacious 2 bedrooms, good sized, wrap around balcony will accommodate outdoor dining & entertaining. Enjoy community pool, 3 spas, clubhouse with fitness center and direct community access to the scenic Salt Creek Beach with trail less than 1 mile to walk or bike directly to the beach through the Monarch Beach links Golf course! Walking distance to the market, shopping, dining, golf and tennis club. Association pays for trash & water.

Last Agent to Sell the Property

Alona Tetter

Coldwell Banker Realty License #01706725 Listed on: 04/25/2014

Coldwell Banker Realty

Last Buyer's Agent

Candyce Bozner

GRAND TERRACE REAL ESTATE License #01017958

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1989

Lot Details

  • 1,002

HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936686

Community Details

Overview

  • 325 Units

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,005

Year Built

Built in 1989

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Assessments: Yes
  • Inclusions: washer & dryer with no warranty.
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936686
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 350.00
  • Room Type: Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Wrap Around
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Gym/Ex Room, Pool, Security, Sewer, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee: 325.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1000.0000 Square Feet
  • 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
Jul 24, 2018
Sold by
Garrett Eldridge Dee and Garrett E
Bought by
Lanier Laura and Patterson John
Current Estimated Value
$901,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$340,478
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$560,985

Purchase Details

Closed on
Jul 23, 2018
Sold by
Lanier Dana Louis
Bought by
Lanier Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$340,478
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$560,985

Purchase Details

Closed on
Mar 9, 2016
Sold by
Garrett E D
Bought by
Garrett E D and Th Ed Garrett Family Trust

Purchase Details

Closed on
Feb 12, 2016
Sold by
Garrett Nancy
Bought by
Garrett E D

Purchase Details

Listed on
Apr 25, 2014
Closed on
Nov 4, 2014
Sold by
Dalinghaus Construction Inc
Bought by
Garrett Nancy and E D Garrett Jr Family Trust
Seller's Agent
Alona Tetter
Coldwell Banker Realty
Buyer's Agent
Candyce Bozner
GRAND TERRACE REAL ESTATE
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jan 28, 2014
Sold by
Fannie Mae
Bought by
Dalinghaus Construction Inc
Seller's Agent
Carole Sturim
Coldwell Banker Realty
Buyer's Agent
Alona Tetter
Coldwell Banker Realty
List Price
$469,900
Sold Price
$373,000
Premium/Discount to List
-$96,900
-20.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Beebee John S and Beebee Cyndi A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2000
Sold by
Hagens Daniel I and Hagens Harriet
Bought by
Beebee John S and Beebee Cyndi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
7.81%

Purchase Details

Closed on
Aug 28, 1997
Sold by
Monarch Beach Venture Ltd
Bought by
Hagens Daniel I and Hagens Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.42%
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
Lanier Laura $490,000 Fidelity National Title Co
Lanier Laura -- Fidelity National Title Co
Garrett E D -- None Available
Garrett E D -- None Available
Garrett Nancy $407,000 First American Title
Dalinghaus Construction Inc $373,000 First American Title Ins Co
Federal National Mortgage Association $278,887 Landsafe Title
Beebee John S $205,500 Chicago Title Co
Hagens Daniel I $137,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanier Laura $392,000
Previous Owner Beebee John S $164,400
Previous Owner Hagens Daniel I $110,000
Closed Beebee John S $20,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $420,000 -3.4% $350 / Sq Ft
10/28/2014 10/28/14 Price Changed $435,000 -3.3% $363 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $449,900 +20.6% $375 / Sq Ft
02/21/2014 02/21/14 Sold $373,000 -3.1% $313 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/09/2014 01/09/14 Price Changed $384,900 -2.5% $323 / Sq Ft
12/06/2013 12/06/13 Price Changed $394,900 -4.8% $332 / Sq Ft
11/08/2013 11/08/13 Price Changed $414,900 -7.8% $349 / Sq Ft
08/16/2013 08/16/13 Price Changed $449,900 -4.3% $378 / Sq Ft
06/07/2013 06/07/13 For Sale $469,900 -- $395 / 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 $6,005 $546,601 $408,748 $137,853
2024 $6,005 $535,884 $400,734 $135,150
2023 $5,829 $525,377 $392,877 $132,500
2022 $5,674 $515,076 $385,174 $129,902
2021 $5,545 $504,977 $377,622 $127,355
2020 $5,523 $499,800 $373,750 $126,050
2019 $5,411 $490,000 $366,421 $123,579
2018 $4,780 $429,899 $301,290 $128,609
2017 $4,668 $421,470 $295,382 $126,088
2016 $4,566 $413,206 $289,590 $123,616
2015 $4,393 $407,000 $285,240 $121,760
2014 $2,772 $247,645 $123,397 $124,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14085482

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-86