$845,000
SOLD OCT 19, 2023
3 Beds
2.5 Baths
1,214 Sq Ft
$281/mo HOA Fee

Recently Sold

$696 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Quartz Countertops
  • Las Flores Middle School Rated A
  • Open Floorplan
  • L-Shaped Dining Room

About This Home

As of October 2023

Welcome to this stunning 3-bedroom 2.5-bathroom detached home nestled in the highly sought-after community of Magnolia Lane within Rancho Santa Margarita's Las Flores area. This 1,214 square foot home was impeccably designed with a thoughtfully laid out floor plan. As you step inside, the lower level boasts an inviting open concept living/dining/kitchen space adorned with recessed lighting and a focal point gas fireplace that sets the tone for cozy gatherings. The kitchen has been tastefully updated with quartzite countertops, sleek stainless steel appliances, and pristine white cabinetry featuring exquisite glass uppers. Throughout the home you will find vinyl plank flooring and plush carpeting in all the bedrooms, creating the ideal canvas for your personal touch. Dual pane windows and elegant white plantation shutters add a touch of sophistication to the home's ambiance. Upstairs, the master suite features a generously sized walk-in closet and dual sinks with vanity area with quartzite countertops, wall sconces, stainless steel faucets, and framed vanity mirrors. Two additional bedrooms on this level offer ample closet space and natural light through the large dual-pane windows. The shared bathroom mirrors the same level of tasteful updates as the master bath. Step outside to the wrap-around rear patio, a haven for outdoor relaxation and entertainment, complete with an inviting outdoor fireplace, lush landscaping, and beautiful custom hardscape. The attached direct-access 2-car garage showcases an epoxy floor and convenient laundry hookup. Magnolia Lane offers a delightful community experience with amenities such as a pool, spa, fire pits, bbq area, and a playful splash pad for hours of enjoyment. The home is perfectly situated close to top-rated schools, the toll road, scenic hiking trails, and shopping centers. Don't miss the chance to make this captivating residence your own!

Last Agent to Sell the Property

Darren Shepherd

Compass License #02000042 Listed on: 09/12/2023

Compass

Co-Listed By

Nick Ahrens

Compass License #01957197

Last Buyer's Agent

Lisa Broder

Think Boutiq Real Estate License #00917329

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,634

Year Built

  • Built in 1999

Lot Details

  • No Common Walls
  • Cul-De-Sac
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Plantation Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Outdoor Features

  • Spa
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Las Flores Elementary And Middle School
  • Tesoro High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15600
  • Assessor Parcel Number 93883909
  • $123 per year additional tax assessments

Community Details

Overview

  • 84 Units
  • Magnolia Lane Association, Phone Number (949) 429-5831
  • First Service Residential Association, Phone Number (800) 428-5588
  • Amber Property Management HOA
  • Built by John Laing Homes
  • Magnolia Subdivision, Cottonwood Floorplan
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,634

Year Built

Built in 1999

Lot Details

0

HOA Fees

$281 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Darren Shepherd
  • Other Phone Number: 949-353-9494
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Magnolia (MAGN)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93883909
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1214.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished
  • Stories: 2
  • Entry Location: First Level
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 696.05
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath, Remodeled, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Builder Name: John Laing Homes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s), Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Las Flores Maintenance
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Hiking Trails, Maintenance Grounds
  • Association Fee: 158.50
  • Association #2 Fee: 122.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Lane
  • Phone: 949-429-5831
  • Association Phone #2: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Hiking, Gutters, Horse Trails, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Amber Property Management
  • Association Management 2: First Service Residential

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 84
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.65
  • Tax Lot: 2
  • Tax Tract Number: 15600
  • TaxOtherAnnualAssessmentAmount: 123.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Sep 20, 2023
Sold by
Meier Michael and Hartley Elisha
Bought by
Gilson Christopher and Baltazar Olivia
Seller's Agent
Darren Shepherd
Compass
Buyer's Agent
Lisa Broder
Think Boutiq Real Estate
List Price
$819,000
Sold Price
$845,000
Premium/Discount to List
$26,000
3.17%
Views
347
Current Estimated Value
$900,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,498
Avg. Annual Appreciation
3.66%
Original Mortgage
$676,000
Outstanding Balance
$665,753
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$234,745

Purchase Details

Listed on
Aug 16, 2021
Closed on
Aug 27, 2021
Sold by
Equity Trust Company Custodian
Bought by
Meier Michael and Hartley Elisha
Seller's Agent
Karen Quinn
Regency Real Estate Brokers
Buyer's Agent
Jimmy Reed
First Team Real Estate
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$670,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Jense Justin K and Jense Rachelle A
Bought by
Equity Trust Co and Marvin P Quinn Ira

Purchase Details

Closed on
Jul 20, 2006
Sold by
Christ Ron and Chris Megan A
Bought by
Jense Justin K and Jense Rachelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Lucatero Gerardo
Bought by
Lucatero Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,900
Interest Rate
6.84%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Lucatero Kathleen and Mckeon Kathleen B
Bought by
Christ Ron and Christ Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,900
Interest Rate
6.84%

Purchase Details

Closed on
May 3, 2000
Sold by
Wl Homes Llc
Bought by
Mckeon Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,110
Interest Rate
8.08%
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 $845,000 First American Title
Grant Deed $745,000 Orange Coast Title
Grant Deed $400,500 Equity Title Company
Grant Deed $545,000 Southland Title
Interfamily Deed Transfer -- --
Grant Deed $295,000 Landwood Title
Grant Deed $241,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $676,000 New Conventional
Previous Owner $670,500 New Conventional
Previous Owner $435,000 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Previous Owner $294,000 Unknown
Previous Owner $294,900 No Value Available
Previous Owner $39,187 Unknown
Previous Owner $11,000 Credit Line Revolving
Previous Owner $229,110 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $845,000 +3.2% $696 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $819,000 +9.9% $675 / Sq Ft
09/15/2021 09/15/21 Sold $745,000 -0.7% $614 / Sq Ft
08/22/2021 08/22/21 Price Changed $749,900 -2.0% $618 / Sq Ft
08/16/2021 08/16/21 For Sale $765,000 0.0% $630 / Sq Ft
04/15/2015 04/15/15 Rented $2,450 0.0% --
04/15/2015 04/15/15 For Rent $2,450 +11.4% --
01/08/2012 01/08/12 Rented $2,200 0.0% --
01/08/2012 01/08/12 Under Contract -- -- --
12/26/2011 12/26/11 For Rent $2,200 -- --
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
2024 $8,634 $845,000 $655,244 $189,756
2023 $7,745 $759,900 $586,045 $173,855
2022 $7,599 $745,000 $574,553 $170,447
2021 $5,518 $485,540 $279,399 $206,141
2020 $5,547 $480,562 $276,534 $204,028
2019 $5,958 $471,140 $271,112 $200,028
2018 $5,863 $461,902 $265,796 $196,106
2017 $6,134 $452,846 $260,585 $192,261
2016 $6,125 $443,967 $255,475 $188,492
2015 $6,152 $437,299 $251,638 $185,661
2014 $6,105 $428,733 $246,708 $182,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23170073

California Regional Multiple Listing Service (CRMLS)

APN: 938-839-09