NOT LISTED FOR SALE

Estimated Value: $597,361 - $897,000

1 Bed
1 Bath
800 Sq Ft
$396/mo HOA Fee

Last Sold January 04, 2017

Last sale price $399,900 $500 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,602/month

111 Days on Market

Highlights

  • Guarded Parking
  • In Ground Pool
  • Open Floorplan
  • John Malcom Elementary School Rated A
  • Gated Parking
  • Property is near a clubhouse

About This Home

As of January 2017

Fell out of Escrow! Appreciate the quality of this TURNKEY condo. Walking path to the ocean from your front door-Ground level-Completely remodeled and move-in ready! Unbeatable option for the money! View ! Gated security. Try to find a better location in south OC for this price ,so close to the beach. Perfect investment or home away from home or starter home close to everything. Priced low fow for quick sale ..see it today!Situated in the prestigious community of Ritz Pointe within walking distance to Salt Creek Beach, Monarch Beach and Ritz Carlton resorts. Enjoy the cool ocean breeze in this completely remodeled, turn-key one-bedroom, one bath with high-end everything! ! .Yard for pets and patio . A cozy stone fireplace in living room. Separate dining room with modern chandelier. New windows, sliders and doors. New baseboards and granite countertops. New stainless appliances, stainless farm kitchen sink, white kitchen cabinets, and high-end stone backsplash. Floor-to-ceiling subway tile shower with glass door and new toilet. White bathroom cabinet with framed full-space mirror. Walls have been smoothed for a modern, high-end look. The back patio overlooks the greenbelt ,no neighbors behind. There is an additional exterior storage room near the front door. Perfect for bikes, surf boards, and beach chairs!

Last Agent to Sell the Property

Michael Miller

Luxre Realty, Inc. License #01482159 Listed on: 08/12/2016

Luxre Realty, Inc.

Last Buyer's Agent

Jackie Miller

Onyx Homes License #01981618

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Lot Sloped Down

HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 800 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring
  • Park or Greenbelt Views
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Parking Available
  • Gated Parking
  • Guarded Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Covered Patio or Porch
  • Property is near a clubhouse
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936553

Community Details

Overview

  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936553
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 499.88
  • Room Type: Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Insulated Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, Guarded

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Guard, Pool, Spa/Hot Tub
  • Association Fee: 325.00
  • Association #2 Fee: 71.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Sloped Down, Greenbelt, Gentle Sloping

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Matthews Christopher C and Matthews Amy R
Bought by
Matthews Christopher C and Matthews Amy R
Current Estimated Value
$722,340

Purchase Details

Closed on
Jul 5, 2016
Sold by
Mcelroy John and Mcelroy Dana
Bought by
Mcelroy John and Mcelroy Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,096
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2016
Sold by
Mcelroy John and Mcelroy Dana
Bought by
Matthews Christopher C and Matthews Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,096
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jul 8, 2015
Sold by
Mcelroy Dana and Mcelroy John
Bought by
Mcelroy Dana and Mcelroy John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 13, 2015
Sold by
U S Bank National Association
Bought by
Mcelroy Dana and Mcelroy John
Seller's Agent
Sommer Myers
Coldwell Banker Realty
Buyer's Agent
Stephen Ho
OC Homes Realty
List Price
$273,800
Sold Price
$287,490
Premium/Discount to List
$13,690
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Mar 23, 2015
Sold by
Butter Joan H
Bought by
U S Bank National Association
Seller's Agent
Sommer Myers
Coldwell Banker Realty
Buyer's Agent
Stephen Ho
OC Homes Realty
List Price
$273,800
Sold Price
$287,490
Premium/Discount to List
$13,690
5%

Purchase Details

Closed on
Aug 14, 2013
Sold by
Butter Joan H
Bought by
Monarch Hills Condominium Association

Purchase Details

Closed on
May 2, 2013
Sold by
Butter Joan H
Bought by
Monarch Hills Condominium Association

Purchase Details

Closed on
Feb 6, 1998
Sold by
Monarch Beach Venture Ltd
Bought by
Butter Joan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,850
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matthews Christopher C -- None Available
Mcelroy John -- None Available
Matthews Christopher C $400,000 First American Title Company
Mcelroy Dana -- Western Resources Title
Mcelroy Dana $287,500 Title365 Company
U S Bank National Association $279,041 Accommodation
Monarch Hills Condominium Association $14,576 Stewart Title
Monarch Hills Condominium Association $14,576 Stewart Title
Butter Joan H $113,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Christopher C $413,096
Previous Owner Mcelroy Dana $215,000
Previous Owner Butter Joan H $108,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2017 01/04/17 Sold $399,900 -2.4% $500 / Sq Ft
11/01/2016 11/01/16 Price Changed $409,900 +2.5% $512 / Sq Ft
10/19/2016 10/19/16 Price Changed $399,900 -6.8% $500 / Sq Ft
09/13/2016 09/13/16 Price Changed $429,000 -3.6% $536 / Sq Ft
08/12/2016 08/12/16 For Sale $445,000 +54.8% $556 / Sq Ft
05/01/2015 05/01/15 Sold $287,490 +5.0% $359 / Sq Ft View Prior Sale
04/07/2015 04/07/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $273,800 0.0% $342 / Sq Ft
12/02/2013 12/02/13 Rented $1,100 0.0% --
12/02/2013 12/02/13 For Rent $1,100 -- --
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 $5,187 $464,114 $367,905 $96,209
2024 $5,187 $455,014 $360,691 $94,323
2023 $3,402 $446,093 $353,619 $92,474
2022 $3,373 $437,347 $346,686 $90,661
2021 $4,704 $428,772 $339,888 $88,884
2020 $4,690 $424,376 $336,403 $87,973
2019 $4,592 $416,055 $329,806 $86,249
2018 $4,487 $407,898 $323,340 $84,558
2017 $4,450 $399,900 $317,000 $82,900
2016 $3,526 $310,660 $226,044 $84,616
2015 $3,365 $305,994 $222,649 $83,345
2014 -- $300,000 $218,287 $81,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16178071

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-53