NOT LISTED FOR SALE

16 Via Esperanza Unit 57 Rancho Santa Margarita, CA 92688

Estimated Value: $595,651 - $632,000

2 Beds
2 Baths
1,000 Sq Ft
$343/mo HOA Fee

Last Sold September 27, 2012

Last sale price $232,500 $232 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,913/month

Highlights

  • Private Pool
  • Park or Greenbelt View
  • Laundry Room
  • Rancho Santa Margarita Intermediate School Rated A
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of November 2014

Great Lower Unit . Enter this unit from Private fenced Patio. This spacious Single story unit has 2 large Bedrooms,2 full Baths. Well taken care of and upgraded, Wood flooring in Entry, Living and Dining, Corian Counter tops in Kitchen, lots of Cabinets, duel sinks, Window above sink, Fireplace in the Living room, Plantation Shutters, Short distance to the Lake, shopping, Restaurants and Award Winning Schools. Unit is located next to a large Green belt. I Detached Garage and 1 parking space, lots of Guest Parking. This complex has well maintained grounds, Play area and Pool.
Master Bedroom has Walk-in closet, 2nd bedroom has large closet. Includes existing Washer, Dryer and Refrigerator.
Clean! Clean! Clean!

Last Agent to Rent the Property

Nita Desai

Coldwell Banker Realty License #00854627 Listed on: 11/30/2014

Coldwell Banker Realty

Last Renter's Agent

Nita Desai

Coldwell Banker Realty License #00854627 Listed on: 11/30/2014

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1986

Lot Details

  • 915

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,200
  • Rent includes association dues, trash collection
  • 12-Month Minimum Lease Term
  • Available 11/15/14
  • Tax Lot 3
  • Tax Tract Number 12481
  • Assessor Parcel Number 93195152

Community Details

Overview

  • 200 Units
  • Mission Courts 2 Association
  • Rsm Association

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,942

Year Built

Built in 1986

Lot Details

0

HOA Fees

$343 per month

Parking

1

Rental Info

  • Cashiers Check: Credit Report
  • Available Date: 2014-11-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 30
  • Deposit Other: 40
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Inclusions: Existing Washer, Dryer and Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Mission Courts (R2) (MC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93195152
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1.79
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: RSM
  • Association Fee: 285.00
  • Association #2 Fee: 58.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission Courts 2
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Lot Size Sq Ft: 900.00
  • Lot Size Acres: 0.0210

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 900.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 200
  • Rent Includes: Association Dues, Trash Collection

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 12481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2014
Sold by
Bhagwat Rajarama and Bhagwat Pratibha
Bought by
Raj & Pratibha Bhagwat Family Trust
Current Estimated Value
$610,163

Purchase Details

Listed on
Aug 19, 2012
Closed on
Aug 31, 2012
Sold by
Steele Artha R
Bought by
Bhagwat Rajarama and Bhagwat Pratibha
Seller's Agent
Devin T Doherty
eXp Realty of California Inc
Buyer's Agent
Nita Desai
Coldwell Banker Realty
List Price
$199,000
Sold Price
$232,500
Premium/Discount to List
$33,500
16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$174,375
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
Reddeman Carolyn D
Bought by
Steele Artha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
6.94%
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
Raj & Pratibha Bhagwat Family Trust -- None Available
Bhagwat Rajarama $232,500 Title 365
Steele Artha R $188,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhagwat Rajarama $150,000
Previous Owner Bhagwat Rajarama $174,375
Previous Owner Steele Artha R $10,000
Previous Owner Steele Artha R $200,000
Previous Owner Steele Artha R $80,000
Previous Owner Steele Artha R $136,000
Previous Owner Steele Artha R $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2014 11/29/14 Rented $1,790 -2.7% --
10/30/2014 10/30/14 Under Contract -- -- --
10/22/2014 10/22/14 For Rent $1,840 0.0% --
09/27/2012 09/27/12 Sold $232,500 +16.8% $232 / Sq Ft
08/30/2012 08/30/12 For Sale $199,000 -14.4% $199 / Sq Ft
08/22/2012 08/22/12 Off Market $232,500 -- --
08/19/2012 08/19/12 For Sale $199,000 -- $199 / 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 $2,942 $286,301 $196,349 $89,952
2024 $2,942 $280,688 $192,499 $88,189
2023 $2,875 $275,185 $188,725 $86,460
2022 $2,827 $269,790 $185,025 $84,765
2021 $2,326 $264,500 $181,397 $83,103
2020 $2,753 $261,788 $179,537 $82,251
2019 $3,061 $256,655 $176,016 $80,639
2018 $3,017 $251,623 $172,565 $79,058
2017 $3,053 $246,690 $169,182 $77,508
2016 $3,324 $241,853 $165,864 $75,989
2015 $3,427 $238,221 $163,373 $74,848
2014 $3,364 $233,555 $160,173 $73,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14226819

California Regional Multiple Listing Service (CRMLS)

APN: 931-951-52