NOT LISTED FOR SALE

Estimated Value: $597,669 - $787,000

1 Bed
1 Bath
755 Sq Ft
1988 Built

Highlights

  • Water Views
  • Fitness Center
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • Heated Pool
  • Clubhouse

About This Home

As of August 2024

Charming Coastal Condo with Resort-Style Amenities! Welcome to this adorable and spacious one-bedroom, one-bathroom condo, perfectly situated near the ocean in the prestigious Monarch Hills Condo Community within the guarded gates of Ritz Point. This upper unit, accessible by one flight of stairs, features a single-story layout designed for comfort and elegance. Interior Highlights: Living Room: Enjoy the large living room with abundant natural light streaming through numerous windows and sliding glass doors leading to a deck. The room is enhanced by a grand fireplace with slate stone tile and a white wood mantle, creating a cozy and inviting atmosphere. Custom Finishes: The condo boasts white crown molding and custom white trim around select windows, adding a touch of sophistication and white wood blinds. Wine Refrigerator: A built-in wine refrigerator is conveniently located between the living room and dining room, perfect for entertaining guests. Dining Room: Ideal for gatherings and morning coffee, the dining room offers ample space and charm. Kitchen: The bright white kitchen is equipped with stainless steel appliances, a new stainless sink, and a new faucet. The refrigerator is included for use during the lease. Outdoor and Storage Features: Deck: The expansive outdoor deck overlooks one of the resort-style community pools, providing beautiful views and a relaxing space to unwind. Laundry and Storage: A laundry closet/room on the deck includes a washer, dryer, and plenty of storage. Additionally, there is a large storage closet just outside the front door. Primary Bedroom and Bathroom: Primary Bedroom: The large and spacious primary bedroom features sliding glass doors that open to the deck, a huge walk-in closet, and a spacious vanity area. Bathroom: The modern bathroom offers a new tub and shower combo with new sleek white tile. Community and Lifestyle: The Monarch Hills Condo Community offers an exceptional lifestyle with its proximity to Salt Creek Beach. Enjoy scenic paths along the Monarch Beach Golf course and over a charming wood bridge crossing a creek, perfect for bird watching. Located next to The Waldorf Astoria Resort, Close to the Ritz Carlton and 5 min drive to Laguna Beach. 1 resort pool and 2 spa's, one of of them offering ocean views! Even a workout gym for your convenience! This condo combines luxurious living with the tranquility of coastal surroundings, making it a perfect home for those seeking comfort and elegance by the ocean.

Last Agent to Rent the Property

Darel Rosen

First Team Real Estate Brokerage Phone: 949-291-5088 License #01301108 Listed on: 07/25/2024

First Team Real Estate

Last Renter's Agent

Angela Weeks

First Team Real Estate License #01398537

First Team Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • Two or More Common Walls

Property Views

  • Water
  • Woods
  • Park or Greenbelt
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Dana Hills High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $4,250
  • Rent includes pool, sewer, trash collection, water
  • Available 8/31/24
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936708

Community Details

Overview

  • Property has a Home Owners Association
  • 365 Units
  • Monarch Hills Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,532

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-08-31
  • Credit Check Paid By: Tenant
  • Deposit Security: 4250
  • Furnished: Unfurnished

Listing Details

  • Structure Type: House
  • Other Phone Description: Kaelyn Rosen
  • Other Phone Number: 949-412-4508
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936708
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 755.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached
  • Stories: 1
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.51
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Remodeled, Upgraded

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Pool, Trees/Woods, Water
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room, Outside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified
  • High School: Dana Hills
  • High School: Dana Hills
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Number Of Units In Community: 365
  • Number Of Units Total: 325
  • Rent Includes: Pool, Sewer, Trash Collection, Water
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2010
Sold by
Fannie Mae
Bought by
Jacobs Heather
Current Estimated Value
$678,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,040
Outstanding Balance
$148,377
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$529,790

Purchase Details

Closed on
Jun 11, 2010
Sold by
Gonzales Richard D and Gonzales Susan D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2006
Sold by
Smith Michael C and Hahn Smith Christine E
Bought by
Gonzales Richard D and Gonzales Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Smith Michael Craig and Smith Christine E
Bought by
Smith Michael C and Hahn Smith Christine E

Purchase Details

Closed on
Feb 5, 2002
Sold by
Mihalezo David B
Bought by
Smith Michael Craig and Smith Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.99%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Mew Douglas K and Mew Nancy W
Bought by
Mihalczo David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,470
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1998
Sold by
Monarch Beach Venture Ltd
Bought by
Mew Douglas K and Mew Nancy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.92%
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
Jacobs Heather $232,000 Old Republic Title Company
Federal National Mortgage Association $322,440 Landsafe Title
Gonzales Richard D $365,000 Saddleback Title Company
Smith Michael C -- --
Smith Michael Craig $179,000 First Southwestern Title Co
Mihalczo David B $151,000 Fidelity National Title Ins
Mew Douglas K $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Heather $225,040
Previous Owner Gonzales Richard D $292,000
Previous Owner Smith Michael Craig $143,200
Previous Owner Mihalczo David B $146,470
Previous Owner Mew Douglas K $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Rented $2,650 0.0% --
07/25/2024 07/25/24 For Rent $2,650 +56.3% --
05/07/2015 05/07/15 Rented $1,695 0.0% --
05/07/2015 05/07/15 For Rent $1,695 +1.2% --
10/31/2014 10/31/14 Rented $1,675 0.0% --
10/31/2014 10/31/14 For Rent $1,675 0.0% --
11/01/2013 11/01/13 Rented $1,675 0.0% --
10/18/2013 10/18/13 Under Contract -- -- --
09/06/2013 09/06/13 For Rent $1,675 -- --
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 $3,532 $297,224 $187,819 $109,405
2024 $3,532 $291,397 $184,137 $107,260
2023 $3,409 $285,684 $180,527 $105,157
2022 $3,299 $280,083 $176,987 $103,096
2021 $3,217 $274,592 $173,517 $101,075
2020 $3,218 $271,777 $171,738 $100,039
2019 $3,151 $266,449 $168,371 $98,078
2018 $3,074 $261,225 $165,070 $96,155
2017 $2,995 $256,103 $161,833 $94,270
2016 $2,922 $251,082 $158,660 $92,422
2015 $2,767 $247,311 $156,277 $91,034
2014 $2,720 $242,467 $153,216 $89,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24152567

California Regional Multiple Listing Service (CRMLS)

APN: 939-367-08