NOT LISTED FOR SALE

Estimated Value: $775,910 - $1,013,000

2 Beds
2 Baths
1,200 Sq Ft
1989 Built

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • John Malcom Elementary School Rated A
  • Ocean Side of Freeway
  • Security Guard

About This Home

As of September 2015

Looking for an awesome upscale community that close to the ocean?? Well look no further because you have found it!!! Monarch Hills in Ritz Pointe is one of the most sought after neighborhoods in Southern Orange County! It is a 24 hour manned guard gated community and is a mere mile from the pristine beaches, Salt Creek and the Strand, the exclusive and luxurious St Regis and Ritz Carlton Resorts not to mention world famous Laguna Beach! It's resort-like amenities include; pool, three spas, fitness center and club house! This penthouse unit has soaring cathedral ceilings and is light, bright and beautiful! Hurry so you can enjoy this upscale lifestyle without the price tag!!

Last Agent to Rent the Property

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/28/2015

Last Renter's Agent

John Rennie

Property Management of SoCal License #01269397 Listed on: 08/28/2015

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,100
  • Rent includes association dues, trash collection, water
  • Available 9/1/15
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936616

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Security Guard

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,935

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2015-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2100
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936616
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1.75
  • Room Type: Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Forced Air
  • 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: Street Lights

Schools

  • School District: Capistrano Unified

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Management Co: Property Management Of Souther
  • Number Of Units In Community: 325
  • Number Of Units Total: 325
  • Rent Includes: Association Dues, 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
Apr 6, 2018
Sold by
Bustillos Terry A and Bustillos Brian C
Bought by
Bustillos Terry A
Current Estimated Value
$890,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Bustillos Terry A and Bustillos Brian C
Bought by
Bustillos Terry A and Bustillos Brian C

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bustillos Terry A
Bought by
Bustillos Terry A and Bustillos Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2001
Sold by
Bustillos Terry A
Bought by
Bustillos Terry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.51%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Mosconi Bustillos Marcia
Bought by
Bustillos Terry A

Purchase Details

Closed on
Sep 25, 1997
Sold by
Monarch Beach Venture Ltd
Bought by
Bustillos Terry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,950
Interest Rate
7.05%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bustillos Terry A -- Ticor Title Co Of Ca
Bustillos Terry A -- Old Republic Title Company
Bustillos Terry A -- --
Bustillos Terry A -- New Century Title Company
Bustillos Terry A -- Fidelity National Title Co
Bustillos Terry A $153,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustillos Terry A $408,000
Closed Bustillos Terry A $208,000
Previous Owner Bustillos Terry A $106,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Rented $2,100 0.0% --
08/28/2015 08/28/15 For Rent $2,100 +12.0% --
07/22/2013 07/22/13 Rented $1,875 0.0% --
07/19/2013 07/19/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $1,875 -- --
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 $2,935 $244,133 $90,204 $153,929
2024 $2,935 $239,347 $88,436 $150,911
2023 $2,823 $234,654 $86,702 $147,952
2022 $2,723 $230,053 $85,002 $145,051
2021 $2,650 $225,543 $83,336 $142,207
2020 $2,656 $223,231 $82,482 $140,749
2019 $2,599 $218,854 $80,864 $137,990
2018 $2,531 $214,563 $79,278 $135,285
2017 $2,461 $210,356 $77,723 $132,633
2016 $2,397 $206,232 $76,199 $130,033
2015 $2,246 $203,135 $75,055 $128,080
2014 $2,207 $199,156 $73,584 $125,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15190753

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-16