NOT LISTED FOR SALE

Estimated Value: $645,000 - $897,000

1 Bed
1 Bath
755 Sq Ft
$478/mo HOA Fee

Last Sold April 15, 2022

Last sale price $635,000 $841 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,926/month

54 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • View of Trees or Woods
  • John Malcom Elementary School Rated A
  • Spa
  • Clubhouse

About This Home

As of April 2022

Beautifully renovated one bedroom one bath unit Located in the exclusive 24 hours guard-gated community of Ritz Point in Monarch Beach, surrounded by multi-million dollar estates near two world-class resorts. Spacious enough for everyday living or use as a 2nd home. This resort property located on the 1st floor, provides ease for every day living w/no stairs to climb. Step inside to the living room with gas fireplace and large patio. The living room flows to the dining room that leads to the open kitchen where you'll find white cabinetry and quartz counters. The owner's suite has a beautiful chandelier and huge walk-in closet. Sliding glass doors from master suite and from living room leads to covered patio and adjacent laundry room/utility closet with plenty of shelves. You'll love having an additional coat closet. There is also an exterior storage/closet near the front entrance. Assigned covered carport. Association amenities include clubhouse, w/pool and spa! Also 2 additional spas, one with ocean view, another one overlooking the mountains. A short walk in the community leads to Salt Creek State Beach, Ritz Carlton, the Waldorf Astoria & nearby shopping & dining. Just minutes to the Dana Point Harbor & Laguna Beach.
THIS IS A MUST-SEE!!

Last Agent to Sell the Property

Heidi Gonili

First Team Real Estate License #01260797 Listed on: 01/14/2022

First Team Real Estate

Last Buyer's Agent

Steve Celotto

Coldwell Banker Realty License #00628584

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • Two or More Common Walls

HOA Fees

Property Views

  • Woods
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Tile Roof

Interior Spaces

  • 755 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Carpet

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Spa
  • Beach Access
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936632

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Asso Association, Phone Number (949) 261-8282
  • Monarch Hills Condos Mhc Association, Phone Number (949) 215-5000
  • Monarch Hills Master HOA
  • Monarch Hills Condos Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936632
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 755.00 Square Feet
  • Interior Amenities: Living Room Balcony, Unfurnished
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 841.06
  • Room Type: All Bedrooms Down, Living Room, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Courtyard, Trees/Woods
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Unknown

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered, Guest
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master Asso
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Trash, Guard, Security
  • Association Fee: 380.00
  • Association #2 Fee: 98.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo Asso
  • Phone: 949-261-8282
  • Association Phone #2: 949-215-5000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Monarch Hills Master
  • Association Management 2: Monarch Hills Condos MHC

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
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 325
  • Waterfront Features: Beach Access

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
Jan 14, 2022
Closed on
Mar 30, 2022
Sold by
Mamak Pirnia Trust
Bought by
Venise T Wallace Revocable Trust
Seller's Agent
Heidi Gonili
First Team Real Estate
Buyer's Agent
Steve Celotto
Coldwell Banker Realty
List Price
$630,000
Sold Price
$635,000
Premium/Discount to List
$5,000
0.79%
Current Estimated Value
$733,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,317
Avg. Annual Appreciation
3.96%
Original Mortgage
$476,250
Outstanding Balance
$448,144
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$285,173

Purchase Details

Closed on
Aug 22, 2018
Sold by
Pirnia Mamak
Bought by
Pirnia Mamak and The Pirnia Trust

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 18, 2012
Sold by
Vugtaggio Nina E and Vultaggio Anthony R
Bought by
Vultaggio Nina E
Seller's Agent
Abigail DeRuyter
Home Smart Realty Group
Buyer's Agent
Heidi Gonili
First Team Real Estate
List Price
$178,000
Sold Price
$220,000
Premium/Discount to List
$42,000
23.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 10, 2012
Sold by
Vultaggio Nina E
Bought by
Pirnia Mamak
Seller's Agent
Abigail DeRuyter
Home Smart Realty Group
Buyer's Agent
Heidi Gonili
First Team Real Estate
List Price
$178,000
Sold Price
$220,000
Premium/Discount to List
$42,000
23.6%

Purchase Details

Closed on
Jan 19, 2011
Sold by
Vultaggio Nina E
Bought by
Vultaggio Nina E

Purchase Details

Closed on
Jan 3, 2007
Sold by
Vultaggio Nina E
Bought by
Vultaggio Nina E

Purchase Details

Closed on
Oct 6, 2005
Sold by
Conti Wallace V
Bought by
Conti Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Conti Wallace V
Bought by
Conti Wallace

Purchase Details

Closed on
Jun 15, 1998
Sold by
Smith Michael Alan and Smith Dana Ann
Bought by
Conti Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
7.01%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Monarch Beach Venture Ltd
Bought by
Benigno Dana Ann and Smith Michael Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,150
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Venise T Wallace Revocable Trust $635,000 Western Resources
Pirnia Mamak -- None Available
Vultaggio Nina E -- Lawyers Title
Pirnia Mamak $220,000 Lawyers Title
Vultaggio Nina E -- None Available
Vultaggio Nina E -- None Available
Conti Wallace -- Ticor Title Company Of Ca
Conti Wallace -- Ticor Title Company Of Ca
Conti Wallace -- --
Conti Wallace $125,000 Fidelity National Title Ins
Benigno Dana Ann $100,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venise T Wallace Revocable Trust $476,250
Previous Owner Conti Wallace $125,000
Previous Owner Conti Wallace $64,900
Previous Owner Benigno Dana Ann $97,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $635,000 +0.8% $841 / Sq Ft
03/22/2022 03/22/22 For Sale $630,000 -0.8% $834 / Sq Ft
03/16/2022 03/16/22 Off Market $635,000 -- --
03/10/2022 03/10/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $630,000 +186.4% $834 / Sq Ft
12/21/2012 12/21/12 Sold $220,000 +23.6% $275 / Sq Ft View Prior Sale
12/03/2012 12/03/12 For Sale $178,000 -- $223 / 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 $7,267 $673,867 $569,319 $104,548
2024 $7,267 $660,654 $558,155 $102,499
2023 $7,064 $647,700 $547,210 $100,490
2022 $3,049 $255,284 $160,498 $94,786
2021 $2,971 $250,279 $157,351 $92,928
2020 $2,975 $247,713 $155,737 $91,976
2019 $2,912 $242,856 $152,683 $90,173
2018 $2,840 $238,095 $149,690 $88,405
2017 $2,766 $233,427 $146,755 $86,672
2016 $2,697 $228,850 $143,877 $84,973
2015 $2,544 $225,413 $141,716 $83,697
2014 $2,501 $220,998 $138,940 $82,058
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22002476

California Regional Multiple Listing Service (CRMLS)

APN: 939-366-32