NOT LISTED FOR SALE

Estimated Value: $876,000 - $891,000

2 Beds
2 Baths
1,130 Sq Ft
$580/mo HOA Fee

Last Sold March 30, 2023

Last sale price $715,000 $633 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,936/month

27 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Across the Road from Lake or Ocean
  • John Malcom Elementary School Rated A
  • In Ground Pool
  • Updated Kitchen

About This Home

As of March 2023

WALK OR BIKE TO THE BEACH!! Incredible investment opportunity at excellent price for this community! This GROUND level condo is located in the luxurious, 24 hour guard-gated community of Monarch Hills. Upgraded throughout this turnkey, corner unit features 2 bedrooms, 2 bathrooms and 1,130 square feet. Bright & clean kitchen boasts granite counter tops, & upgraded cabinetry, stainless appliances and recessed lighting. The living room enjoys a cozy fireplace which leads to private deck and laundry room. There are three separate sliding doors which lead access to the back patio. Bathrooms have upgraded cabinetry, granite counter tops and replaced low flow toilets. Both bedrooms have ceiling fans and walk-in closets. The master bedroom has remodeled shower with glass doors and design mosaic. This unit keeps you cool in Summer with central AC. There is a trolly you can ride in Summer which drops you at Laguna Beach or San Clemente for entertainment. Incredible resort like amenities include pool, spas, clubhouse and gym. One of the spas is set over looking the Monarch Beach Links Golf Course and Waldorf Astoria Monarch Beach Club and Resort with INCREDIBLE PANORAMIC AND OCEAN VIEWS!! Biking trails just outside of the community or walk the trail to Salt Creek Beach!!! Close to Dana Point Harbor, Ritz Carlton, dining and shopping!!

Last Agent to Sell the Property

Kelly Edwards Rector

Keller Williams SELA License #01317750 Listed on: 02/21/2023

Keller Williams SELA

Co-Listed By

Lauren Grantham

Keller Williams Realty License #01301870

Last Buyer's Agent

Abdul Battikh

REALTY MASTERS & ASSOCIATES License #02098240

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Location

  • Across the Road from Lake or Ocean

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936593

Community Details

Overview

  • 325 Units
  • Monarch Hills Association, Phone Number (949) 215-5000
  • Corniche Masters Association, Phone Number (949) 450-0202
  • Keystone Pacific HOA
  • Monarch Hills Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,961

Year Built

Built in 1989

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936593
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 632.74
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Association, In Ground
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Rear Porch
  • Pool Features: Association, Fenced, In Ground
  • 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 Oven, Electric Range, Microwave
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Unknown
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Masters
  • Amenities: Pool, Spa/Hot Tub, Biking Trails, Gym/Ex Room, Clubhouse
  • Association Fee: 473.53
  • Association #2 Fee: 106.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills
  • Phone: 949-215-5000
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Keystone Pacific

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 24, 2023
Sold by
Larry L Landreth And Darlene Landreth Re
Bought by
Saman Mohamad S
Seller's Agent
Kelly Edwards Rector
Keller Williams SELA
Buyer's Agent
Abdul Battikh
REALTY MASTERS & ASSOCIATES
List Price
$795,000
Sold Price
$715,000
Premium/Discount to List
-$80,000
-10.06%
Views
199
Current Estimated Value
$881,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,532
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Jul 7, 2022
Sold by
Landreth Larry L and Landreth Darlene
Bought by
Larry L Landreth And Darlene Landreth Revocab

Purchase Details

Closed on
Sep 4, 2001
Sold by
Landreth Larry L and Landreth Darlene
Bought by
Landreth Larry L and Landreth Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,400
Interest Rate
6.91%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Landreth Larry L and Landreth Darlene
Bought by
Landreth Larry L and Landreth Darlene
Source: Public Records

Range of Values:

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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
Saman Mohamad S $715,000 Pacific Coast Title
Larry L Landreth And Darlene Landreth Revocab -- Oc Elder Law
Landreth Larry L -- American Title Co
Landreth Larry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landreth Larry L $109,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $715,000 -7.7% $633 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $774,900 -2.5% $686 / Sq Ft
02/21/2023 02/21/23 For Sale $795,000 0.0% $704 / Sq Ft
07/01/2012 07/01/12 Rented $1,800 0.0% --
06/22/2012 06/22/12 Under Contract -- -- --
05/05/2012 05/05/12 For Rent $1,800 -- --
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 $7,961 $743,886 $594,887 $148,999
2024 $7,961 $729,300 $583,222 $146,078
2023 $2,537 $199,375 $48,201 $151,174
2022 $2,444 $195,466 $47,256 $148,210
2021 $2,378 $191,634 $46,330 $145,304
2020 $2,388 $189,670 $45,855 $143,815
2019 $2,337 $185,951 $44,955 $140,996
2018 $2,276 $182,305 $44,073 $138,232
2017 $2,212 $178,731 $43,209 $135,522
2016 $2,153 $175,227 $42,362 $132,865
2015 $2,006 $172,595 $41,725 $130,870
2014 $1,973 $169,215 $40,908 $128,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23026103

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-93