NOT LISTED FOR SALE

118 Melrose Dr Mission Viejo, CA 92692

Estimated Value: $1,120,280 - $1,179,000

3 Beds
2.5 Baths
1,903 Sq Ft
$206/mo HOA Fee

Last Sold May 19, 2017

Last sale price $655,000 $344 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,004/month

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Granite Countertops
  • 2 Car Attached Garage
  • Bathgate Elementary School Rated A
  • Community Pool
  • Eat-In Kitchen

About This Home

As of May 2017

Best deal in Mission Viejo! You are looking at a newer construction detached home in a gated community with No mello roos, 1.0035% tax rate & low HOA dues. Step inside this home & you are greeted by soaring high ceilings, with tons of natural light pouring through the windows. This home features an open floor plan concept with a living room that flows into a dining room & kitchen that flows into the family room. The kitchen features granite counter tops, stainless steel appliances & a center island, the family room features a gas fireplace with custom mantle. Upstairs you will find 3 spacious bedrooms, the 4th bedroom is currently used as a loft but could be easily converted. There is also the option to increase the living space upstairs with a loft/bedroom addition if one desires. The crown jewel of this home is the spacious master suite with private master bath which features a jetted soaking bathtub, separate shower, dual vanity & walk in closet. Other great features of this home are upstairs laundry room, plantation shutters throughout the entire home, 2 panel arched doors, tall baseboards, attached 2 car garage & 2 car driveway (the majority of homes in this neighborhood do not have a driveway, this is a huge benefit) & a private back yard. The community features a pool & tot lot & owning this home grants you access to the exclusive Mission Viejo lake association. The schools are 9's & 10's, easy freeway access, this home has it all & will sell fast, come see today!

Last Agent to Sell the Property

Jeff Boyd

Keller Williams Realty License #01739016 Listed on: 04/14/2017

Last Buyer's Agent

Maggie Heshmatifar

HomeSmart, Evergreen Realty License #00986917

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,450

Year Built

  • Built in 1996

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,903 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Bathgate Elementary School
  • Newhart Middle School
  • Capistrano Valley High School

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 14894
  • Assessor Parcel Number 93880522

Community Details

Overview

  • Melrose At Mission Viejo Association, Phone Number (949) 716-3998
  • Lake Mission Viejo Association

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,450

Year Built

Built in 1996

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Melrose (MELR)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93880522
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1903.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 344.19
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 185.00
  • Association #2 Fee: 21.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Melrose at Mission Viejo
  • Phone: 949-716-3998
  • Association Phone #2: 949-
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Capistrano Unified
  • Elementary School: Bathgate
  • Middle School: Newhart
  • High School: Capistrano Valley
  • Elementary School: Bathgate
  • High School: Capistrano Valley
  • Middle Or Junior School: Newhart
  • Elementary School #2: BATHGA
  • High School2: CAPVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 3500.00

Multi Family

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

Tax Info

  • Tax Census Tract: 320.38
  • Tax Lot: 17
  • Tax Tract Number: 14894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 3, 2017
Sold by
Nakhaie Hamidreza
Bought by
Beygi Elham
Seller's Agent
Jeff Boyd
Keller Williams Realty
Buyer's Agent
Maggie Heshmatifar
HomeSmart, Evergreen Realty
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$1,142,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,570
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
Apr 14, 2017
Closed on
Apr 21, 2017
Sold by
Waite Robert
Bought by
Beygi Elham
Seller's Agent
Jeff Boyd
Keller Williams Realty
Buyer's Agent
Maggie Heshmatifar
HomeSmart, Evergreen Realty
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Purchase Details

Listed on
Dec 28, 2011
Closed on
Mar 20, 2012
Sold by
Maesen Luc and Raemaekers Heidi
Bought by
Waite Robert
Seller's Agent
Candi Guthrie
Coldwell Banker Realty
Buyer's Agent
Gina Strane
Coldwell Banker Realty
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$417,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1997
Sold by
Barratt American Inc
Bought by
Maesen Luc and Raemaekers Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,100
Interest Rate
7.66%
Mortgage Type
Balloon
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
Beygi Elham -- First American Title Company
Beygi Elham $655,000 First American Title Company
Waite Robert $465,000 --
Waite Robert -- None Available
Maesen Luc $218,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waite Robert $417,000
Previous Owner Waite Robert $417,000
Previous Owner Maesen Luc $25,000
Previous Owner Maesen Luc $168,200
Previous Owner Maesen Luc $174,000
Previous Owner Maesen Luc $174,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $655,000 +0.8% $344 / Sq Ft
04/14/2017 04/14/17 For Sale $650,000 +39.8% $342 / Sq Ft
04/12/2012 04/12/12 Sold $465,000 0.0% $244 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $465,000 -2.1% $244 / Sq Ft
02/29/2012 02/29/12 Price Changed $475,000 -4.0% $249 / Sq Ft
01/30/2012 01/30/12 For Sale $495,000 +6.5% $260 / Sq Ft
12/29/2011 12/29/11 Off Market $465,000 -- --
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 $7,450 $760,181 $492,429 $267,752
2024 $7,450 $745,276 $482,774 $262,502
2023 $7,278 $730,663 $473,308 $257,355
2022 $7,134 $716,337 $464,028 $252,309
2021 $6,993 $702,292 $454,930 $247,362
2020 $6,920 $695,091 $450,265 $244,826
2019 $6,784 $681,462 $441,436 $240,026
2018 $6,649 $668,100 $432,780 $235,320
2017 $4,995 $503,250 $256,267 $246,983
2016 $4,657 $493,383 $251,242 $242,141
2015 $5,368 $485,972 $247,468 $238,504
2014 $5,272 $476,453 $242,620 $233,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17079253

California Regional Multiple Listing Service (CRMLS)

APN: 938-805-22