NOT LISTED FOR SALE

13 Silktassel Unit 149 Rancho Santa Margarita, CA 92688

Estimated Value: $620,813 - $706,000

2 Beds
2.5 Baths
926 Sq Ft
$275/mo HOA Fee

Last Sold June 13, 2019

Last sale price $390,000 $421 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,137/month

17 Days on Market

Highlights

  • Heated In Ground Pool
  • No Units Above
  • Property is near a clubhouse
  • Trabuco Mesa Elementary School Rated A
  • View of Trees or Woods
  • Mediterranean Architecture

About This Home

As of June 2019

Indulge in the contemporary comforts of this light and bright Rancho Santa Margarita Condo. Desirably located across from the acclaimed Lago Santa Margarita Beach Club and Lake, this double master suite residence is perfectly turnkey and awaits your personal touch. With rich neutral tones throughout the home, this cozy space feels bright and clean. Relax on the private patio or at the community pool and spa just steps away. Ease and convenience is at your fingertips in this great corner unit. Additionally, the detached garage allows for maximum storage space. It's simply the best amenities for the right price!

Last Agent to Sell the Property

Nicolas Nicolaou

Coldwell Banker Realty License #01879968 Listed on: 04/19/2019

Coldwell Banker Realty

Last Buyer's Agent

Sandi Munoz

Seven Gables Real Estate License #00854435

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1988

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Northwest Facing Home
  • Wood Fence

HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Parking Permit Required

Property Views

  • Woods
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 926 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Electric Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Fence Around Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near a park
  • Suburban Location

Schools

  • Trabuco Mesa Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375175

Community Details

Overview

  • 172 Units
  • Mission Courts II Association, Phone Number (949) 261-8282
  • Samlarc HOA

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

Built in 1988

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Mission Courts (R1) (MC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375175
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 926.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, Pantry, Tile Counters
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 421.17
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association, Gunite, Heated, In Ground
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Enclosed, Patio, Patio Open
  • Pool Features: Association, Fenced, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Permit Required
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground
  • Association Fee: 220.00
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission Courts II
  • Phone: 949-261-8282
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: SAMLARC

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Trabuco Mesa
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Trabuco Mesa
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: TRAMES
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 172
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 8
  • Tax Tract Number: 12717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 8, 2019
Sold by
Melgar Sergio V and Hulgreen Melissa Tranekoer
Bought by
Moreno Marco Antonio and Moreno Keyli
Seller's Agent
Nicolas Nicolaou
Coldwell Banker Realty
Buyer's Agent
Sandi Munoz
Seven Gables Real Estate
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$659,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,203
Avg. Annual Appreciation
8.65%
Original Mortgage
$382,936
Outstanding Balance
$331,744
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$327,459

Purchase Details

Closed on
May 5, 2017
Sold by
Melgar Sergio V
Bought by
Melgar Sergio V and Hulgreen Melissa Tranekaer

Purchase Details

Listed on
Aug 10, 2016
Closed on
Aug 31, 2016
Sold by
Logan Nancy E
Bought by
Melgar Sergio
Seller's Agent
Kim Rossi
Compass
Buyer's Agent
Patricia Vardiman
Pat Neal Associates
List Price
$360,000
Sold Price
$349,000
Premium/Discount to List
-$11,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$349,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Aug 14, 2012
Sold by
Logan Nancy E
Bought by
Logan Nancy E and Frank & Nancy Logan Revocable Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Logan Nancy E
Bought by
Logan Nancy E and The Frank & Nancy Logan Revocable Living

Purchase Details

Closed on
Apr 22, 2009
Sold by
Gmac Mortgage Llc
Bought by
Logan Frank H and Logan Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Viveros Arturo and Miranda Claudia
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
Feb 1, 2008
Sold by
Viveros Arturo and Miranda Claudia
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
May 27, 2003
Sold by
Philips Jessica C and Graham Jessica
Bought by
Viveros Arturo and Miranda Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Keel David Matthew
Bought by
Graham Jessica Codery

Purchase Details

Closed on
Nov 16, 2000
Sold by
Jones Cheri
Bought by
Keel David M and Graham Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 1999
Sold by
Tiwari Nawal K and Tiwari Neelam K
Bought by
Jones Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Moreno Marco Antonio $390,000 Ticor Title
Melgar Sergio V -- None Available
Melgar Sergio $349,000 California Title Company
Logan Nancy E -- Chicago Title Company
Logan Nancy E -- Chicago Title Company
Logan Nancy E -- None Available
Logan Frank H $230,000 First American Title Ins Co
Gmac Mortgage Llc $259,000 First American Title Company
Gmac Mortgage Llc $335,000 First American Title Company
Viveros Arturo $270,000 North American Title Co
Graham Jessica Codery $12,000 --
Keel David M $165,000 First Southwestern Title Co
Jones Cheri $128,000 --
Tiwari Nawal K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Marco Antonio $382,936
Previous Owner Melgar Sergio $349,000
Previous Owner Logan Nancy E $180,000
Previous Owner Logan Frank H $184,000
Previous Owner Viveros Arturo $216,000
Previous Owner Keel David M $160,050
Previous Owner Jones Cheri $115,200
Closed Viveros Arturo $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2019 06/13/19 Sold $390,000 -1.3% $421 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $395,000 +13.2% $427 / Sq Ft
09/23/2016 09/23/16 Sold $349,000 0.0% $339 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Price Changed $349,000 -3.1% $339 / Sq Ft
08/10/2016 08/10/16 For Sale $360,000 -- $349 / 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 $4,401 $435,051 $348,576 $86,475
2024 $4,401 $426,521 $341,741 $84,780
2023 $4,300 $418,158 $335,040 $83,118
2022 $4,227 $409,959 $328,470 $81,489
2021 $3,700 $401,921 $322,029 $79,892
2020 $4,115 $397,800 $318,727 $79,073
2019 $4,421 $363,099 $290,436 $72,663
2018 $4,359 $355,980 $284,741 $71,239
2017 $4,431 $349,000 $279,157 $69,843
2016 $3,417 $250,196 $168,081 $82,115
2015 $3,519 $246,438 $165,556 $80,882
2014 $3,454 $241,611 $162,313 $79,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19089138

California Regional Multiple Listing Service (CRMLS)

APN: 933-751-75