NOT LISTED FOR SALE

138 Tierra Montanosa Rancho Santa Margarita, CA 92688

Estimated Value: $735,234 - $753,000

2 Beds
2 Baths
1,150 Sq Ft
$256/mo HOA Fee

Last Sold March 29, 2013

Last sale price $310,000 $270 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,491/month

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • End Unit
  • Melinda Heights Elementary School Rated A-
  • City Lights View
  • L-Shaped Dining Room

About This Home

As of December 2014

UPPER 2 BEDROOM CARRIAGE UNIT. PRIVATE LOCATION WITH PANORAMIC VIEWS. 1 CAR ATTACHED GARAGE. Custom
upgrades through out home. New laminate wood floors. Open floor plan. Kitchen includes granite counters,
breakfast bar, extra cabinet space, Stainless steel fridge & custom slate flooring. Open living room & separate dining room. Large master
suite with walk-in closet & dual sink vanity. Wood blinds. Ceiling Fans. Large base boards. Private deck off living area. Close to schools, community pool, shopping, 241 toll road & Whiting Ranch.

Last Agent to Rent the Property

Larry Fafard

Integrity Real Estate License #01162146 Listed on: 09/05/2014

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1996

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Parking Permit Required

Property Views

  • City Lights
  • Hills

Home Design

  • Planned Development

Interior Spaces

  • 1,150 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Bar

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Private Pool
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/5/14
  • Tax Lot 3
  • Tax Tract Number 14765
  • Assessor Parcel Number 93812422

Community Details

Overview

  • 200 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,908

Year Built

Built in 1996

Lot Details

0

HOA Fees

$256 per month

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2014-10-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Tierra Montanosa (TIEM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93812422
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1150.00
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1.63
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Hills
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 256.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 200
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 14765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 12, 2013
Sold by
Wells Fargo Bank National Association
Bought by
Miller Darren B and Miller Moira C
Seller's Agent
Diane Cirignani
Vernazza Realty Inc
Buyer's Agent
Larry Fafard
Integrity Real Estate
List Price
$301,350
Sold Price
$310,000
Premium/Discount to List
$8,650
2.87%
Current Estimated Value
$717,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,346
Avg. Annual Appreciation
7.22%
Original Mortgage
$232,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Whitt Robin L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 28, 2006
Sold by
Qushair Jack and Qushair Nadia J
Bought by
Whitt Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,600
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 21, 2004
Sold by
Qushair Jack and Qushair Yacoub N
Bought by
Qushair Jack and Qushair Nadia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2001
Sold by
Qushair Nadia J
Bought by
Qushair Yacoub N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
9.49%

Purchase Details

Closed on
Jul 9, 1996
Sold by
Tierra Ltd
Bought by
Ho Tuan H and Tran Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
8.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Miller Darren B $310,000 Lsi Title Company
Wells Fargo Bank Na $412,326 Accommodation
Whitt Robin L $443,000 First American Title Co
Qushair Jack -- Chicago Title
Qushair Yacoub N -- Fidelity National Title Co
Qushair Yacoub N $203,000 Fidelity National Title Ins
Ho Tuan H $114,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Darren B $436,800
Closed Miller Darren B $232,500
Previous Owner Whitt Robin L $88,600
Previous Owner Whitt Robin L $354,400
Previous Owner Whitt Robin L $354,400
Previous Owner Qushair Jack $309,000
Previous Owner Qushair Jack $165,500
Previous Owner Qushair Yacoub N $162,400
Previous Owner Ho Tuan H $110,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Rented $1,875 -3.8% --
10/27/2014 10/27/14 Under Contract -- -- --
08/25/2014 08/25/14 For Rent $1,950 0.0% --
05/15/2013 05/15/13 Rented $1,950 0.0% --
05/08/2013 05/08/13 Under Contract -- -- --
04/13/2013 04/13/13 For Rent $1,950 0.0% --
03/29/2013 03/29/13 Sold $310,000 +2.9% $270 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $301,350 -- $262 / 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 $3,908 $381,737 $229,689 $152,048
2024 $3,908 $374,252 $225,185 $149,067
2023 $3,818 $366,914 $220,769 $146,145
2022 $3,754 $359,720 $216,440 $143,280
2021 $3,662 $352,667 $212,196 $140,471
2020 $3,655 $349,051 $210,020 $139,031
2019 $3,975 $342,207 $205,902 $136,305
2018 $4,416 $335,498 $201,865 $133,633
2017 $4,616 $328,920 $197,907 $131,013
2016 $4,635 $322,471 $194,026 $128,445
2015 $4,537 $317,628 $191,112 $126,516
2014 $4,736 $311,407 $187,369 $124,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14182858

California Regional Multiple Listing Service (CRMLS)

APN: 938-124-22