$349,900
SOLD MAR 28, 2013
2 Beds
2 Baths
1,200 Sq Ft
$405/mo HOA Fee

Recently Sold

$292 Per Sq Ft

16 Days on Market

Highlights

  • Private Pool
  • Breakfast Area or Nook
  • 1 Detached Carport Space
  • John Malcom Elementary School Rated A
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

Are you looking for a real estate investment opportunity? Look no further because this is it! Excellent, long term mature tenant (over 8 years) wishes to sign a lease extension. Currently rent at the market rent of $1,800 per month plus utilities. This gorgeous light and bright penthouse end unit has soaring cathedral ceilings, open flowing floor plan, skylights, 2 spacious bedrooms complete with walk in closets, 2 full baths, cozy living room with romantic fireplace and a formal dining room! Large wrap around deck. Full size laundry hook-ups in the deck closet. Monarch Hills is situated in the highly sought after 24 hour guard-gated community of Ritz Pointe. Located half-way between Los Angeles and San Diego and less than a mile from the renowned Ritz Carlton Hotel and St. Regis Resort with the Monarch Links golf course. Both within walking distance. These condos are situated about 1 mile to the sparkling blue Pacific Ocean. With resort-like amenities including sparkling pool, 3 bubbling spas, clubhouse with fitness center and beautiful scenic walking trails to nearby pristine beaches. *******EQUITY SELLER*******

Last Agent to Sell the Property

The ImmelTeam

Pacific Sotheby's Int'l Realty License #00545198 Listed on: 02/20/2013

Pacific Sotheby's Int'l Realty

Co-Listed By

John Rennie

RE/MAX One License #01269397

Last Buyer's Agent

John Rennie

RE/MAX One License #01269397

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls

HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

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

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936587

Community Details

Overview

  • 325 Units
  • Mariposa

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,857

Year Built

Built in 1989

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936587
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 291.58
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sewer, Spa/Hot Tub, Trash
  • Association Fee: 325.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 13, 2013
Sold by
Sharp William D and Sharp Nancy C
Bought by
Le Ha T and Ha T Le Revocable Trust
Seller's Agent
The ImmelTeam
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Rennie
RE/MAX One
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$883,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,330
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 9, 2009
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2003
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.19%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.37%

Purchase Details

Closed on
Feb 25, 1995
Sold by
Sharp William D and Sharp Nancy C
Bought by
Sharp Family Trust

Purchase Details

Closed on
Dec 23, 1994
Sold by
Monarch Beach Venture Ltd
Bought by
Sharp William D and Sharp Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
6.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $350,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lsi Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Quit Claim Deed -- --
Grant Deed $134,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $197,500 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $102,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $107,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Rented $3,200 0.0% --
01/08/2024 01/08/24 Price Changed $3,200 -5.9% $3 / Sq Ft
12/01/2023 12/01/23 For Rent $3,400 0.0% --
03/28/2013 03/28/13 Sold $349,900 0.0% $292 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $349,900 -- $292 / 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 $4,857 $430,871 $292,100 $138,771
2024 $4,857 $422,423 $286,373 $136,050
2023 $4,706 $414,141 $280,758 $133,383
2022 $4,572 $406,021 $275,253 $130,768
2021 $4,465 $398,060 $269,856 $128,204
2020 $4,454 $393,979 $267,089 $126,890
2019 $4,362 $386,254 $261,852 $124,402
2018 $4,262 $378,681 $256,718 $121,963
2017 $4,160 $371,256 $251,684 $119,572
2016 $4,067 $363,977 $246,749 $117,228
2015 $3,900 $358,510 $243,042 $115,468
2014 $3,831 $351,488 $238,281 $113,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13027520

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-87