NOT LISTED FOR SALE

Estimated Value: $777,805 - $1,027,000

2 Beds
2 Baths
1,134 Sq Ft
1989 Built

Last Sold May 14, 2014

Last sale price $390,000 $344 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,192/month

Highlights

  • Fitness Center
  • Gated with Attendant
  • Primary Bedroom Suite
  • John Malcom Elementary School Rated A
  • In Ground Pool
  • Ocean Side of Freeway

About This Home

As of July 2022

Beautiful condo in prestigious Ritz Pointe!! Quiet interior location in the complex overlooking a grassy area. Sought-after ground level corner unit with no steps, just a quick walk to the clubhouse and pool. Spacious light and bright two bedroom floor plan with a large eat-in kitchen with granite counter tops, a huge living room and a formal dining area. Sliding glass doors at living room, kitchen and master bedroom give access to a huge wrap-around patio. Generous storage space with a storage room adjacent to the entrance, and an over-sized laundry room. Water and trash included. Resort-style community facilities include lush landscaping, clubhouse, and a recently renovated swimming pool and spa, as well as an additional spa area overlooking the ocean. Nature trails with astounding views surround the neighborhood, including walking/biking trails over the golf course leading directly to Salt Creek Beach, the renowned Ritz Carlton Hotel and the St. Regis Resort.

Last Agent to Rent the Property

John Rennie

Property Management of SoCal License #01269397 Listed on: 06/24/2022

Property Management of SoCal

Last Renter's Agent

Michelle Glessner

O'Kelly Pacific Real Estate License #01909446

O'Kelly Pacific Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Two or More Common Walls

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Enclosed Patio or Porch

Schools

  • Malcolm Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/24/22
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936576

Community Details

Overview

  • Property has a Home Owners Association
  • 325 Units
  • Built by Awesome Beach Living
  • Monarch Hills Condos Subdivision, Mariposa Floorplan

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-06-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Total Move In Costs: 6000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936576
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1134.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.46
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • Builder Name: Awesome Beach Living
  • Patio And Porch Features: Enclosed
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: 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: Sidewalks

Schools

  • Elementary School: Malcolm
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: MALCOL
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Latitude Manual: 33.48904300

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: Property Management Of SoCal
  • Management Co Phone: 949-215-5000
  • Number Of Units In Community: 325
  • Number Of Units Total: 325
  • Rent Includes: Pool, Trash Collection, Water
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Model: 2
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2010
Sold by
Pearlstein Michael S and Pearlstein Mindy
Bought by
Lim David B and Lim Alice M
Current Estimated Value
$913,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Fleishon Gayle and Fleishon Joseph
Bought by
Pearlstein Michael S and Pearlstein Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
Williams John S
Bought by
Fleishon Joseph and Fleishon Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Smith Beverly D
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2022 07/18/22 Rented $2,795 0.0% --
07/07/2022 07/07/22 Price Changed $2,795 -6.8% $2 / Sq Ft
06/24/2022 06/24/22 For Rent $3,000 +36.4% --
07/01/2018 07/01/18 Rented $2,200 0.0% --
07/01/2018 07/01/18 For Rent $2,200 0.0% --
06/04/2018 06/04/18 Off Market $2,200 -- --
06/02/2018 06/02/18 For Rent $2,200 +2.3% --
03/07/2016 03/07/16 Rented $2,150 0.0% --
02/01/2016 02/01/16 For Rent $2,150 0.0% --
02/01/2016 02/01/16 Off Market $2,150 -- --
05/14/2014 05/14/14 Sold $390,000 0.0% $325 / Sq Ft View Prior Sale
05/06/2014 05/06/14 Rented $1,995 0.0% --
05/06/2014 05/06/14 For Rent $1,995 0.0% --
04/14/2014 04/14/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $415,000 0.0% $346 / Sq Ft
12/07/2012 12/07/12 Rented $1,795 -5.3% --
12/05/2012 12/05/12 Under Contract -- -- --
11/13/2012 11/13/12 For Rent $1,895 -- --
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 $4,681 $413,057 $264,341 $148,716
2024 $4,681 $404,958 $259,158 $145,800
2023 $4,533 $397,018 $254,076 $142,942
2022 $4,402 $389,234 $249,094 $140,140
2021 $4,298 $381,602 $244,209 $137,393
2020 $4,289 $377,690 $241,705 $135,985
2019 $4,200 $370,285 $236,966 $133,319
2018 $4,103 $363,025 $232,320 $130,705
2017 $4,005 $355,907 $227,764 $128,143
2016 $3,914 $348,929 $223,298 $125,631
2015 $3,749 $343,688 $219,944 $123,744
2014 $3,683 $336,956 $215,635 $121,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22136137

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-75