NOT LISTED FOR SALE

Estimated Value: $731,774 - $824,000

2 Beds
2 Baths
1,213 Sq Ft
$421/mo HOA Fee

Last Sold October 17, 2017

Last sale price $490,000 $404 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,826/month

6 Days on Market

Highlights

  • Open Floorplan
  • View of Hills
  • High Ceiling
  • Tijeras Creek Elementary School Rated A
  • Bamboo Flooring
  • 5-minute walk to Mesa Linda Park

About This Home

As of October 2017

Turnkey property in the perfect location! This exclusive quiet end-unit faces its own private lush greenbelt with a prime location sitting at the entry of a 4-mile walking trail surrounded by breathtaking mountains and canyon views, just steps from its front door. Open floor plan allows for radiant natural light to pour from every window. Whether relaxing in the living room, the gorgeous patio or cooking in the kitchen, breathtaking views of the mountains highlight this quaint property. Boasting high ceilings, elegant crown molding, antique java bamboo flooring provides an elegant rustic aesthetic, accentuated by inside laundry space and stainless-steel appliances! On suite master features and walk-in closet and direct access to the patio and the spacious secondary bedroom has a view of the greenbelt. Outdoor patio features a beautiful gazebo, cozy seating space and lighting, and a fire pit that’s perfect for parties and get togethers. Property also includes an oversized, two-car garage with direct access. Located in the center of Rancho Santa Margarita, minutes away from the RSM Lake, with membership access to the RSM Beach Club Lagoon, offering boat rentals including pedal boats, kayaks, aqua trikes, bike rentals and concession stands.Close to Restaurants with varied cuisine, Cinepolis Theater and Shopping.

Last Agent to Sell the Property

Michelle Jones

GHASSAN SHALABI, BROKER License #01993703 Listed on: 09/13/2017

GHASSAN SHALABI, BROKER

Last Buyer's Agent

Julie Kistler

KistlerGroup License #01886780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1992

Lot Details

  • 1 Common Wall
  • No Landscaping

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,213 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Bamboo Flooring
  • Views of Hills
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Tijeras Creek Elementary School
  • Las Flores Middle School
  • Tesoro High School

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 33024
  • Assessor Parcel Number 93785169

Community Details

Overview

  • 130 Units
  • Sea Breeze Association, Phone Number (949) 855-1800
  • Samlarc Association, Phone Number (800) 428-5588

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,043

Year Built

Built in 1992

Lot Details

0

HOA Fees

$421 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Gazebo, patio set (Chairs, patio table, patio rug, lighting) Patio fire pit
  • Property Attached: Yes
  • Subdivision Name Other: Candelero (CAN)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93785169
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1213.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 403.96
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills
  • 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 Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SamLarc
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area
  • Association Fee: 366.46
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Sea Breeze
  • Phone: (949)855-1800
  • Association Phone #2: 8004285588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Tijeras Creek
  • Middle School: Las Flores
  • High School: Tesoro
  • Elementary School: Tijeras Creek
  • High School: Tesoro
  • Middle Or Junior School: Las Flores
  • Elementary School #2: TIJCRE
  • High School2: TESERO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 3354.00
  • Lot Size Acres: 0.0770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3354.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.56
  • Tax Lot: 2
  • Tax Tract Number: 33024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2018
Sold by
Cadreau Lydia
Bought by
Cadreau Lydia Gomez and Nkgnto Trst
Current Estimated Value
$782,944

Purchase Details

Closed on
May 24, 2018
Sold by
Cadreau Lydia and Cadreau Barry Vincent
Bought by
Cadreau Lydia

Purchase Details

Listed on
Sep 13, 2017
Closed on
Sep 29, 2017
Sold by
Quartucci Allan J
Bought by
Cadreau Barry and Cadreau Lydia
Seller's Agent
Michelle Jones
GHASSAN SHALABI, BROKER
Buyer's Agent
Julie Kistler
KistlerGroup
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$490,000
Outstanding Balance
$410,271
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$365,967

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 28, 2015
Sold by
Quartucci Soledad
Bought by
Quartucci Allan J
Seller's Agent
Ron Vasquez
First Team Real Estate
Buyer's Agent
Kathe Van Hoften
First Team Real Estate
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$391,483
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 17, 2015
Sold by
Patterson Jeffrey M and Patterson Megan M
Bought by
Quartucci Allan J
Seller's Agent
Ron Vasquez
First Team Real Estate
Buyer's Agent
Kathe Van Hoften
First Team Real Estate
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,483
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 15, 2013
Closed on
Feb 5, 2013
Sold by
Tayian Wendy M
Bought by
Patterson Jeffrey M and Patterson Megan M
Seller's Agent
Andrea Ballesteros
Coldwell Banker Realty
Buyer's Agent
Ron Vasquez
First Team Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$308,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2011
Sold by
Opes Investments Inc
Bought by
Tayian Wendy M

Purchase Details

Closed on
Feb 9, 2011
Sold by
Merli Marc
Bought by
Opes Investments Inc

Purchase Details

Closed on
Jul 20, 2007
Sold by
Merli Marc
Bought by
Merli Properties Llc

Purchase Details

Closed on
Jul 1, 2003
Sold by
Taylor Gregory and Taylor Katrina
Bought by
Merli Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,600
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1996
Sold by
Federal National Mortgage Association
Bought by
Taylor Gregory and Taylor Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,650
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 1996
Sold by
Nawaz Naeem A and Nawaz Adriana C
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,650
Interest Rate
7.8%
Mortgage Type
FHA
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
Cadreau Lydia Gomez -- None Available
Cadreau Lydia -- None Available
Cadreau Barry $490,000 Wfg National Title Co
Quartucci Allan J -- Western Resources Title Co
Quartucci Allan J $405,000 Western Resources Title Co
Patterson Jeffrey M $325,000 California Title Company
Tayian Wendy M $295,500 First American Title Company
Opes Investments Inc $261,000 None Available
Merli Properties Llc -- None Available
Merli Marc $328,000 Gateway Title Company
Taylor Gregory $120,000 American Title Ins Co
Federal National Mortgage Association $146,168 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadreau Barry $490,000
Previous Owner Quartucci Allan J $391,483
Previous Owner Patterson Jeffrey M $308,750
Previous Owner Merli Marc $256,600
Previous Owner Taylor Gregory $116,650
Closed Merli Marc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2017 10/17/17 Sold $490,000 +3.2% $404 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $475,000 +17.3% $392 / Sq Ft
06/01/2015 06/01/15 Sold $405,000 -1.2% $334 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $410,000 +26.2% $338 / Sq Ft
03/18/2013 03/18/13 Sold $325,000 0.0% $268 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $325,000 -- $268 / 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 $3,043 $557,534 $424,538 $132,996
2024 $3,043 $546,602 $416,213 $130,389
2023 $3,059 $535,885 $408,052 $127,833
2022 $3,125 $525,378 $400,051 $125,327
2021 $2,701 $515,077 $392,207 $122,870
2020 $3,081 $509,796 $388,185 $121,611
2019 $3,821 $499,800 $380,573 $119,227
2018 $3,804 $490,000 $373,110 $116,890
2017 $5,092 $419,399 $291,688 $127,711
2016 $5,329 $411,176 $285,969 $125,207
2015 $4,383 $332,997 $211,506 $121,491
2014 -- $326,475 $207,363 $119,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17211640

California Regional Multiple Listing Service (CRMLS)

APN: 937-851-69