$965,000
SOLD JUN 9, 2025
3 Beds
2.5 Baths
1,896 Sq Ft
$637/mo HOA Fee

Recently Sold

$509 Per Sq Ft

9% Below List Price

64 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.39 Acre Lot
  • Clubhouse
  • Melinda Heights Elementary School Rated A-
  • Community Lake
  • Park or Greenbelt View

About This Home

As of June 2025

**FHA and VA Approved!** Discover Sausalito's largest model in the prestigious Melinda Heights community of Rancho Santa Margarita! This beautifully updated, breathtaking townhome boasts an open, bright, and flowing floor plan with soaring ceilings. Downstairs, the impressive kitchen is equipped with a ceramic tile backsplash, expansive quartz countertops, freshly painted cabinetry, and a farmhouse sink, and opens to a cozy family room with a remodeled fireplace. Friends and family alike will love the dining nook and bar area with a sliding door leading to the private, tranquil backyard. Enjoy the inviting interior with recessed lighting, crown moulding, ceiling fans, luxury waterproof vinyl plank flooring, carpet, and shutters. Large windows bring natural light into the entire home, creating a perfect space for entertaining. Additional highlights include a 2-car attached garage and a full-size laundry room with a large storage closet under the staircase. Upstairs features a primary suite, two spacious secondary bedrooms complete with a Jack and Jill bathroom, plus a large loft. Award-winning Melinda Heights Elementary School is just across the street, and access to SAMLARC pools, spas and parks offering, basketball courts, baseball fields, and picnic grounds is just a short distance away. Living in Rancho Santa Margarita comes with the added benefits of the beautiful RSM Lake, Beach Club, playgrounds, sports courts, hiking and biking trails, O'Neill Park, top-rated schools and the 241 Foothill Transportation Corridor. Come experience the best of OC living!

Last Agent to Sell the Property

Jordan Budnick

Plan A Real Estate Brokerage Phone: 949-306-3564 License #02019964 Listed on: 03/06/2025

Last Buyer's Agent

Steven Bullock

Bullock Russell RE Services License #01486410

Bullock Russell RE Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,784

Year Built

  • Built in 1992

HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom

Schools

  • Melinda Heights Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 14393
  • Assessor Parcel Number 93027310
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • 102 Units
  • Sausalito Association, Phone Number (949) 616-3506
  • First Service Residential Association, Phone Number (949) 709-0010
  • Seabreeze HOA
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,784

Year Built

Built in 1992

Lot Details

0

HOA Fees

$637 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Sausalito
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93027310
  • Year Built: 1992
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1896.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 508.97
  • Room Type: All Bedrooms Up, Entry, Family Room, Jack & Jill, Kitchen, Laundry, Loft, Primary Suite

Exterior Features

  • View: Neighborhood, Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Dog Park, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Horse Trails, Clubhouse, Sewer, Maintenance Front Yard
  • Association Fee: 550.00
  • Association #2 Fee: 87.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Sausalito
  • Phone: 949-616-3506
  • Association Phone #2: 949-709-0010
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Hiking, Lake, Horse Trails, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Seabreeze
  • Association Management 2: First Service Residential

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Melinda Heights
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 60659.00
  • Lot Size Acres: 1.3925

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60659.0000 Square Feet
  • Number Of Units In Community: 102
  • Number Of Units Total: 102

Tax Info

  • Tax Census Tract: 320.49
  • Tax Lot: 1
  • Tax Tract Number: 14393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
May 14, 2025
Sold by
Winenger Ashley Elizabeth and Scott Edward
Bought by
Cavallaro Michael and Cavallaro Joanna
Seller's Agent
Jordan Budnick
Plan A Real Estate
Buyer's Agent
Steven Bullock
Bullock Russell RE Services
List Price
$1,065,000
Sold Price
$965,000
Premium/Discount to List
-$100,000
-9.39%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$303,750
Outstanding Balance
$302,433
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$677,804

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 18, 2021
Sold by
Pandey Anand and Ashley Nicole
Bought by
Cornelius Eric and Cornelius Riana
Seller's Agent
Lizandro Lopez
Realty One Group West
Buyer's Agent
Shela Colton
Coldwell Banker Realty
List Price
$715,000
Sold Price
$750,000
Premium/Discount to List
$35,000
4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$712,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 23, 2018
Sold by
Simon Lawrence
Bought by
Pandey Anand and Pandey Ashley Nicole
Seller's Agent
Brady Simon
CENTURY 21 Affiliated
Buyer's Agent
Lizandro Lopez
Realty One Group West
List Price
$634,000
Sold Price
$620,000
Premium/Discount to List
-$14,000
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$589,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2017
Sold by
Simon Lawrence
Bought by
Simon Lawrence and The L Simon 2017 Family Trust

Purchase Details

Listed on
Jul 1, 2016
Closed on
May 27, 2016
Sold by
Kelley David
Bought by
Simon Lawrence
Seller's Agent
Lauren Kovacs
CENTURY 21 Affiliated
Buyer's Agent
Laura Chang
HomeSmart, Evergreen Realty
Sold Price
$3,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 10, 2016
Sold by
Delgado Christopher J and Delgado Katherine M
Bought by
Simon Lawrence
Seller's Agent
Lisa Dunn
Laurel Real Estate Resources
Buyer's Agent
Debra Kovacs
CENTURY 21 Affiliated
List Price
$559,900
Sold Price
$570,000
Premium/Discount to List
$10,100
1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2014
Closed on
Sep 5, 2014
Sold by
Carrido Arthur Buddy and Carrido Catherine Sommers
Bought by
Delgado Christopher J and Delgado Katherine M
Seller's Agent
Lisa Dunn
Laurel Real Estate Resources
Buyer's Agent
Shannon Miller
@Vantage Real Estate
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$500,000
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 2013
Sold by
Carrido Arthrur Buddy and Carrido Catherine Sommers
Bought by
Carrido Arthur Buddy and Carrido Catherine Sommers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
Carrido Arthur Buddy and Carrido Catherine Sommers
Bought by
Carrido Arthur Buddy and Carrido Catherine Sommers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Carrido Arthur Buddy and Carrido Catherine Sommers
Bought by
Carrido Arthur Buddy and Carrido Catherine Sommers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Carrido Arthur Buddy and Carrido Catherine Sommers
Bought by
Carrido Arthur Buddy and Carrido Catherine Sommers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 1997
Sold by
Denyse Cantelli Marie
Bought by
Carrido Arthur Buddy and Carrido Catherine Sommers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
7.36%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $965,000 Western Resources Title
Grant Deed $750,000 Wfg National Title
Grant Deed $625,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Grant Deed $570,000 First American Title Company
Grant Deed $525,000 First American Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Netco Title
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,750 VA
Previous Owner $712,500 New Conventional
Previous Owner $590,000 New Conventional
Previous Owner $589,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $498,650 VA
Previous Owner $500,000 VA
Previous Owner $295,500 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $300,000 Fannie Mae Freddie Mac
Previous Owner $30,000 Credit Line Revolving
Previous Owner $250,000 Unknown
Previous Owner $189,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $185,000 Unknown
Previous Owner $163,100 Unknown
Previous Owner $16,600 Stand Alone Second
Previous Owner $13,900 Stand Alone Second
Previous Owner $160,800 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $965,000 -3.4% $509 / Sq Ft
04/03/2025 04/03/25 Price Changed $999,000 -4.8% $527 / Sq Ft
03/11/2025 03/11/25 Price Changed $1,049,000 -1.5% $553 / Sq Ft
03/06/2025 03/06/25 For Sale $1,065,000 +18.3% $562 / Sq Ft
06/23/2022 06/23/22 Sold $899,900 0.0% $466 / Sq Ft
05/22/2022 05/22/22 For Sale $899,900 +20.0% $466 / Sq Ft
05/14/2021 05/14/21 Sold $750,000 0.0% $385 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $750,000 +4.9% $385 / Sq Ft
02/25/2021 02/25/21 For Sale $715,000 -4.7% $367 / Sq Ft
02/23/2021 02/23/21 Off Market $750,000 -- --
02/13/2021 02/13/21 For Sale $715,000 +15.3% $367 / Sq Ft
04/13/2018 04/13/18 Sold $620,000 0.0% $326 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/15/2018 03/15/18 Price Changed $619,900 -1.6% $326 / Sq Ft
02/11/2018 02/11/18 Price Changed $629,900 -0.6% $332 / Sq Ft
01/24/2018 01/24/18 For Sale $634,000 0.0% $334 / Sq Ft
05/25/2017 05/25/17 Rented $3,100 -1.6% --
05/10/2017 05/10/17 Under Contract -- -- --
04/11/2017 04/11/17 For Rent $3,150 +1.6% --
07/20/2016 07/20/16 Rented $3,100 0.0% --
07/01/2016 07/01/16 For Rent $3,100 0.0% --
06/22/2016 06/22/16 Sold $570,000 +1.8% $295 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $559,900 +6.6% $290 / Sq Ft
10/09/2014 10/09/14 Sold $525,000 -2.8% $272 / Sq Ft
07/13/2014 07/13/14 Price Changed $539,900 -1.8% $280 / Sq Ft
06/21/2014 06/21/14 For Sale $549,900 -- $285 / 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 $9,784 $954,980 $735,110 $219,870
2024 $9,784 $936,255 $720,696 $215,559
2023 $9,560 $917,898 $706,565 $211,333
2022 $7,918 $765,000 $565,674 $199,326
2021 $6,763 $656,986 $456,866 $200,120
2020 $6,740 $650,250 $452,181 $198,069
2019 $7,449 $637,500 $443,314 $194,186
2018 $7,574 $593,028 $406,899 $186,129
2017 $7,890 $581,400 $398,920 $182,480
2016 $7,315 $533,006 $344,559 $188,447
2015 $7,172 $525,000 $339,383 $185,617
2014 $3,411 $220,126 $26,053 $194,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25036356

California Regional Multiple Listing Service (CRMLS)

APN: 930-273-10