NOT LISTED FOR SALE

Estimated Value: $1,400,000 - $1,600,000

3 Beds
2.5 Baths
2,615 Sq Ft
$296/mo HOA Fee

Last Sold April 12, 2019

Last sale price $823,000 $315 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,908/month

47 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Truman Benedict Elementary School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of April 2019

Welcome to 1018 Las Posas, a fantastic updated residence offering gorgeous coastal living & a savvy open floor plan. Fabulous Cararra marble flooring greets you as you enter the foyer & runs throughout the lower level. Updated kitchen features stainless steel appliances, crisp white cabinetry, custom backsplash, & a full pantry. Enjoy casual meals at the center island or the formal dining room finished in gorgeous dark wainscoting is perfect for entertaining family & friends. Relax & unwind in the great room with cozy fireplace finished with a gorgeous custom white mantle. Upstairs you’ll find 2 private guest rooms serviced by an updated hall bath. The upstairs loft features another cozy fireplace & a balcony with trees views. The master retreat w/vaulted ceilings & office/retreat area also enjoys a private balcony overlooking the backyard w/gorgeous hills in the background. Spacious master en-suite offers custom cabinet finishes, updated lighting/mirrors, jetted tub with fireplace, & a fantastic walk-in closet with custom build-out. Your coastal enclave offers a completely private yard with a sophisticated design featuring custom slate patio area plus plenty of grassy play area & gorgeous trees. Villamar is an intimate neighborhood of just 35 homes & is part of the greater Forster Ranch community, which offers expansive greenbelts, miles of stunning trails, & is just minutes to award-winning schools, shops, freeways – and, of course, the beach. Your best life starts here!

Last Agent to Sell the Property

Michelle Wilson

First Team Real Estate License #01870068 Listed on: 01/27/2019

First Team Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,051

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $296 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door

Property Views

  • Woods
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,615 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • See Through Fireplace
  • Gas Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Panel Doors
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Bonus Room with Fireplace
  • Loft

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Truman Elementary School
  • Bernice Middle School
  • San Clemente High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10764
  • Assessor Parcel Number 93326229

Community Details

Overview

  • 35 Units
  • Villamar HOA, Phone Number (714) 544-7755
  • Built by Villamar Properties
  • Plan 3000/C
  • Foothills

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,051

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$296 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Villamar (VLM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93326229
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2615.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Tile Counters, Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s), Panel Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Bonus Room, Master Bedroom, Gas, Gas Starter, Great Room, See Through
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 314.72
  • Room Type: All Bedrooms Up, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Loft, Master Suite, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Plantation Shutters
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Tile Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Tile Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Villamar Properties
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front, Garage - Single Door, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 296.00
  • Association Fee Frequency: Monthly
  • Association Name: Villamar HOA
  • Phone: 714-544-7755
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Truman
  • Middle School: Bernice
  • High School: San Clemente
  • Elementary School: Truman
  • High School: San Clemente
  • Middle Or Junior School: Bernice
  • Elementary School #2: TRUMAN
  • High School2: SANCLE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Level with Street, Level, Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 35
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 421.11
  • Tax Lot: 1
  • Tax Tract Number: 10764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2019
Closed on
Mar 14, 2019
Sold by
The Michael K Albertson Trust
Bought by
Tong Peggy and Chan Sunny Yuk
Seller's Agent
Michelle Wilson
First Team Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$849,000
Sold Price
$823,000
Premium/Discount to List
-$26,000
-3.06%
Current Estimated Value
$1,442,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,228
Avg. Annual Appreciation
9.46%
Original Mortgage
$707,780
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2012
Sold by
Albertson Michael K
Bought by
Albertson Michael K and Michael K Albertson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2010
Sold by
Valente Cindi
Bought by
Albertson Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1999
Sold by
Valente Cindi A
Bought by
Valente Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,833
Interest Rate
5.5%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Trani Nick R and Trani Jacquelyn A
Bought by
Valente Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,833
Interest Rate
5.5%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Bastech Inc
Bought by
Trani Nick R and Trani Jacquelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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
Tong Peggy $823,000 First American Title Company
Albertson Michael K -- None Available
Albertson Michael K $645,000 First American Title Company
Valente Michael G -- First Southwestern Title Co
Valente Michael G $377,000 First Southwestern Title Co
Trani Nick R $257,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Peggy $704,000
Closed Tong Peggy $706,000
Closed Tong Peggy $707,780
Previous Owner Albertson Michael K $384,000
Previous Owner Albertson Michael K $80,000
Previous Owner Albertson Michael K $417,000
Previous Owner Albertson Michael K $95,000
Previous Owner Albertson Michael K $516,000
Previous Owner Valente Michael G $180,000
Previous Owner Valente Michael G $131,000
Previous Owner Valente Michael G $75,000
Previous Owner Valente Michael G $400,000
Previous Owner Valente Michael G $400,000
Previous Owner Valente Michael G $50,000
Previous Owner Valente Michael G $338,833
Previous Owner Trani Nick R $227,000
Previous Owner Trani Nick R $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $823,000 -3.1% $315 / Sq Ft
02/20/2019 02/20/19 For Sale $849,000 +3.2% $325 / Sq Ft
02/11/2019 02/11/19 Off Market $823,000 -- --
01/27/2019 01/27/19 For Sale $849,000 -- $325 / 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 $9,051 $918,070 $608,746 $309,324
2024 $9,051 $900,069 $596,810 $303,259
2023 $8,858 $882,421 $585,108 $297,313
2022 $8,688 $865,119 $573,635 $291,484
2021 $8,519 $848,156 $562,387 $285,769
2020 $8,434 $839,460 $556,621 $282,839
2019 $7,562 $746,359 $454,512 $291,847
2018 $7,417 $731,725 $445,600 $286,125
2017 $7,273 $717,378 $436,863 $280,515
2016 $7,133 $703,312 $428,297 $275,015
2015 $7,026 $692,748 $421,863 $270,885
2014 $6,892 $679,179 $413,600 $265,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19020332

California Regional Multiple Listing Service (CRMLS)

APN: 933-262-29