NOT LISTED FOR SALE

Estimated Value: $632,620 - $727,000

1 Bed
1 Bath
745 Sq Ft
$584/mo HOA Fee

Last Sold June 24, 2024

Last sale price $668,000 $897 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,706/month

7 Days on Market

Highlights

  • Property is near a clubhouse
  • Community Pool
  • Central Heating
  • John Malcom Elementary School Rated A
  • Laundry Room

About This Home

As of June 2024

Experience the epitome of coastal living in this stunning upper-level condo located just steps away from the renowned Salt Creek beach in sunny Southern California. Immerse yourself in the serene ambiance of this immaculately maintained 1 bedroom, 1 bathroom with an array of luxurious features.
As you step inside, you'll be greeted by a bright and airy atmosphere. Cozy up by the fireplace on chilly evenings or step out onto your large private deck to soak in the ocean breeze and savor breathtaking sunsets.
The spacious kitchen is perfect for whipping up gourmet meals, while the convenience of walk-in a closet and a utility room with washer/dryer hookups ensures comfort and ease of living. With the added security of a 24-hour guarded gate, you can enjoy peace of mind in this prestigious Ritz Point community, surrounded by upscale custom estates.
Escape the hustle and bustle of everyday life and retreat to your own private oasis by the sea.

Last Agent to Sell the Property

John Rennie

RE/MAX One Brokerage Phone: 949-215-5000 License #01269397 Listed on: 04/30/2024

RE/MAX One

Last Buyer's Agent

John Rennie

RE/MAX One Brokerage Phone: 949-215-5000 License #01269397 Listed on: 04/30/2024

RE/MAX One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 745 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • Two or More Common Walls
  • Property is near a clubhouse
  • Central Heating

Listing and Financial Details

  • Tax Lot 2812
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936707

Community Details

Overview

  • 325 Units
  • Monarch Hills Condos Association, Phone Number (949) 491-1444
  • Action Property Management Association, Phone Number (949) 450-0202
  • Nexus Smart Communities HOA
  • Monarch Hills Condos Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$584 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936707
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 745.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 896.64
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Association
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 474.00
  • Association #2 Fee: 110.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condos
  • Phone: 949-491-1444
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Nexus Smart Communities
  • Association Management 2: Action Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Latitude Manual: 33.48835700

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2812
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 9, 2024
Sold by
Rebecca Falley Eddleman Trust and Falley Matthew
Bought by
Neumann Patricia
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
John Rennie
RE/MAX One
List Price
$675,000
Sold Price
$668,000
Premium/Discount to List
-$7,000
-1.04%
Views
19
Current Estimated Value
$683,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,405
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
Jun 24, 2011
Closed on
Mar 22, 2012
Sold by
Gomez Thomas
Bought by
Eddleman Rebecca
Seller's Agent
Robin Milonakis
Robin Milonakis Realty
Buyer's Agent
Robin Milonakis
Robin Milonakis Realty
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Fiscus Stephen Vincent
Bought by
Gomez Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Mitten Scott Douglas and Mitten Brenda B
Bought by
Fiscus Stephen Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Mitten Scott Douglas and Mitten Brenda B
Bought by
Mitten Scott Douglas and Mitten Brenda B

Purchase Details

Closed on
Dec 15, 2000
Sold by
Cozad Mariellen
Bought by
Mitten Scott D and Mitten Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,350
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neumann Patricia $668,000 Chicago Title
Eddleman Rebecca $178,000 Chicago Title Company
Gomez Thomas $420,000 Orange Coast Title Company
Fiscus Stephen Vincent $285,000 First American Title Co
Mitten Scott Douglas -- --
Mitten Scott Douglas -- --
Mitten Scott D $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Thomas $336,000
Previous Owner Fiscus Stephen Vincent $228,000
Previous Owner Mitten Scott D $120,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $668,000 -1.0% $897 / Sq Ft
04/30/2024 04/30/24 For Sale $675,000 +279.2% $906 / Sq Ft
04/16/2012 04/16/12 Sold $178,000 0.0% $223 / Sq Ft View Prior Sale
11/28/2011 11/28/11 Price Changed $178,000 +1.7% $223 / Sq Ft
07/15/2011 07/15/11 Price Changed $175,000 -7.9% $219 / Sq Ft
06/24/2011 06/24/11 For Sale $190,000 -- $238 / 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 $6,372 $442,783 $349,358 $93,425
2024 $6,372 $572,220 $475,564 $96,656
2023 $6,189 $561,000 $466,239 $94,761
2022 $6,026 $550,000 $457,097 $92,903
2021 $2,458 $206,547 $111,761 $94,786
2020 $2,466 $204,430 $110,615 $93,815
2019 $2,412 $200,422 $108,446 $91,976
2018 $2,348 $196,493 $106,320 $90,173
2017 $2,282 $192,641 $104,236 $88,405
2016 $2,220 $188,864 $102,192 $86,672
2015 $2,071 $186,028 $100,657 $85,371
2014 $2,036 $182,384 $98,685 $83,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24086536

California Regional Multiple Listing Service (CRMLS)

APN: 939-367-07