NOT LISTED FOR SALE

Estimated Value: $806,000 - $983,000

2 Beds
2 Baths
1,200 Sq Ft
1989 Built

Sale Details

Date Sold: April 18, 2016

Last sale price $475,000 $396 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,805 / mo

5 Days on Market

Highlights

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

About This Home

As of April 2016

Live your dream. Live at the beach. If living less than 5,000 feet from the world famous Southern California Salt Creek beach is your dream, then this is the property for you. Top level with vaulted ceilings. Just painted. Move in condition, just bring your love for the beach! It is virtually impossible to get this close to the beach at this low affordable price. Surrounded by multi-million dollar custom estates this home is located behind the 24 hour guarded gates of Ritz Point. Ideal for that 2nd home at the beach, weekend hide away, or beach condo rental property. Regardless of how you use it, this property is an oasis away from the busy world around us. Escape to the beach, feel the ocean’s negative ions as you lounge at the beach & rejuvenate your soul. Then awake from the paradise of living at the beach & return the hustle & bustle of your busy work schedule.Ask about our "Investor Incentive"

Last Agent to Sell the Property

John Rennie

RE/MAX One License #01269397 Listed on: 03/10/2016

RE/MAX One

Last Buyer's Agent

Katarina Kuczera

First Team Real Estate License #01409555

First Team Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls

HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Pool Views
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936722

Community Details

Overview

  • 325 Units
  • Monarch Hills Condos Association
  • Corniche Master Association
  • Mariposa

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

HOA Fees

$431 per month

Listing Details

  • Assessments: No
  • Inclusions: Washer, dryer and refrigerator.
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936722
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 395.83
  • Room Type: Living Room, Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, In Closet, Individual Room, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master
  • Amenities: Clubhouse, Controlled Access, Dues Paid Monthly, Guard, Gym/Ex Room, Meeting Room, Pool, Sewer, Spa/Hot Tub, Trash
  • Association Fee: 360.00
  • Association #2 Fee: 71.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condos
  • Senior Community: No
  • Community Features: Sidewalks

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 325
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2019
Sold by
Bought by
Current Estimated Value
$899,881

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 16, 2016
Sold by
Bought by
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
Katarina Kuczera
First Team Real Estate
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$250,000
Interest Rate
0.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$475,000 Chicago Title Company
$170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $239,062
Previous Owner $25,500
Previous Owner $30,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/18/2016 04/18/16 Sold $475,000 0.0% $396 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $474,900 -- $396 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,160 $562,300 $426,843 $135,457
2024 $6,160 $551,275 $418,474 $132,801
2023 $5,981 $540,466 $410,268 $130,198
2022 $5,823 $529,869 $402,223 $127,646
2021 $5,692 $519,480 $394,336 $125,144
2020 $5,669 $514,154 $390,293 $123,861
2019 $5,553 $504,073 $382,640 $121,433
2018 $5,430 $494,190 $375,138 $119,052
2017 $5,305 $484,500 $367,782 $116,718
2016 $4,939 $450,000 $298,726 $151,274
2015 $4,190 $387,000 $235,726 $151,274
2014 $3,663 $335,000 $183,726 $151,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16050480

California Regional Multiple Listing Service (CRMLS)

APN: 939-367-22

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