NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,051,000

2 Beds
2 Baths
1,130 Sq Ft
1989 Built

Last Sold June 09, 2021

Last sale price $650,000 $575 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,537/month

Highlights

  • Fitness Center
  • 24-Hour Security
  • Primary Bedroom Suite
  • John Malcom Elementary School Rated A
  • Spa
  • City Lights View

About This Home

As of September 2022

Available for short term lease, month to month, or longer lease through March 2023. Located in the luxurious Ritz Point Community in Monarch Beach, California, this top floor beautiful and sunny condo is the perfect location for your getaway! It is fully furnished and includes 2 bedrooms and 2 full baths. The Ritz Point community is guard gated 24 hours, 7 days a week. What is truly special is the access to the walking trail that winds through the Waldorf Astoria Monarch Beach Resort golf course. The beautiful walk takes you right to Monarch and Salt Creek Beaches in about 20 minutes. A quick drive and you’re at beautiful Laguna Beach or the surfing favorite Doheny Beach and so much more. Enjoy the sea and sand while staying at our beach themed spacious condo. The home has two large bedrooms each with new king sized beds both with walk-in closets. The master suite has its own full bath with shower/tub as well as sliding door access to the condos large patio. The bright, white kitchen has plenty of kitchen supplies, with oven and range, dishwasher, and microwave and a newer refrigerator and coffee maker. The condo has its own laundry room with newer washer and dryer and drying rack. The relaxing sea themed living room has a “frame” TV and two couches. One couch is a full pull out with bed linens included. Enjoy having dinner on the patio. There is plenty of lounge seating and a high top table for enjoying a glass of wine or relaxing in the sun. There are also beach towels, an umbrella, and a body board for your beach enjoyment. Besides this beautifully appointed air conditioned condo, you also have access to great amenities including a gym and lovely pool with plenty of tables and umbrellas T. There is ample parking around the condo and easy access to get into the community. There are also two other spa locations, one with gorgeous ocean views for enjoying those spectacular California sunsets. We have provided what you need for a perfect home. There are up lit gardens around the community and there is plenty of parking near the condo. This location is minutes away from cafes, grocery stores and amazing restaurants in the Lantern District. So enjoy our home, the fabulous beaches, the Dana Point Harbor and more!

Last Agent to Rent the Property

Damon Mazzano

Ron Mazzano, Broker License #01735292 Listed on: 08/12/2022

Last Renter's Agent

Damon Mazzano

Ron Mazzano, Broker License #01735292 Listed on: 08/12/2022

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

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

Property Views

  • City Lights
  • Hills

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Window Screens
  • Entryway
  • Family Room with Fireplace
  • Living Room Balcony
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes all utilities
  • Available 9/15/21
  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936595

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-09-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 2000
  • Furnished: Furnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93936595
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1130.00 Square Feet
  • Interior Amenities: Furnished, High Ceilings, Living Room Balcony, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.54
  • Room Type: Entry, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Community
  • Window Features: Custom Covering, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Fence: No
  • Patio And Porch Features: Wrap Around
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stone Veneer, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Latitude Manual: 33.48932000

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Number Of Units In Community: 150
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

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
Aug 12, 2022
Closed on
Sep 1, 2022
Sold by
Stathakis Demetrios G and Stathakis Melissa J
Bought by
Stathakis Family Trust
Seller's Agent
Damon Mazzano
Ron Mazzano, Broker
Buyer's Agent
Damon Mazzano
Ron Mazzano, Broker
Sold Price
$4,000
Views
1
Current Estimated Value
$924,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,078

Purchase Details

Listed on
May 3, 2021
Closed on
May 11, 2021
Sold by
Weiss Gabriel and Weiss Eva
Bought by
Stathakis Melissa J and Stathakis Demetrios G
Seller's Agent
John Rennie
RE/MAX One
Buyer's Agent
Damon Mazzano
Ron Mazzano, Broker
List Price
$639,900
Sold Price
$650,000
Premium/Discount to List
$10,100
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$487,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2009
Sold by
Erickson Bruce Edward and Erickson Teresa Valene
Bought by
Weiss Gabriel and Weiss Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Erickson Bruce Edward and Erickson Teresa Valene
Bought by
Erickson Bruce Edward and Erickson Teresa Valene

Purchase Details

Closed on
Mar 23, 1995
Sold by
Monarch Beach Venture Ltd
Bought by
Erickson Bruce E and Erickson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
8.86%
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

Purchase History

Date Buyer Sale Price Title Company
Stathakis Family Trust -- --
Stathakis Melissa J $650,000 Chicago Title Company
Weiss Gabriel $335,000 Equity Title Orange County-I
Erickson Bruce Edward -- None Available
Erickson Bruce Edward -- None Available
Erickson Bruce E $133,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stathakis Melissa J $487,500
Previous Owner Weiss Gabriel $251,250
Previous Owner Erickson Bruce E $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Rented $4,000 0.0% --
09/01/2022 09/01/22 For Rent $4,000 0.0% --
08/24/2022 08/24/22 Off Market $4,000 -- --
08/12/2022 08/12/22 For Rent $4,000 0.0% --
11/26/2021 11/26/21 Rented $4,000 0.0% --
08/03/2021 08/03/21 For Rent $4,000 0.0% --
06/09/2021 06/09/21 Sold $650,000 +1.6% $575 / Sq Ft View Prior Sale
05/03/2021 05/03/21 For Sale $639,900 -- $566 / 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 $8,353 $790,500 $644,422 $146,078
2024 $8,353 $775,000 $631,786 $143,214
2023 $7,353 $676,260 $545,411 $130,849
2022 $7,168 $663,000 $534,716 $128,284
2021 $4,479 $399,488 $253,507 $145,981
2020 $4,468 $395,392 $250,907 $144,485
2019 $4,376 $387,640 $245,988 $141,652
2018 $4,276 $380,040 $241,165 $138,875
2017 $4,173 $372,589 $236,437 $136,152
2016 $4,080 $365,284 $231,801 $133,483
2015 $3,913 $359,798 $228,320 $131,478
2014 $3,770 $345,450 $223,032 $122,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22177846

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-95