NOT LISTED FOR SALE

18 Via Vicini Unit 54 Rancho Santa Margarita, CA 92688

Estimated Value: $845,100 - $900,000

3 Beds
2 Baths
1,430 Sq Ft
$604/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $463,000 $324 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,417/month

53 Days on Market

Highlights

  • Private Pool
  • Laundry Room
  • Central Heating and Cooling System
  • Rancho Santa Margarita Intermediate School Rated A

About This Home

As of July 2015

INVESTORS OPPORTUNITY KNOCKS for this Wonderful Terracina townhome located on an interior end unit elevated lot. One of the best or if not the best location with in the community. Open floor plan with 3 bedrooms 2.5 baths. One-bedroom converted to a loft, can be converted back. Flooring upgrades include wood, marble and upgraded carpet. Beautiful bright and airy kitchen with stone counter tops and stainless steel appliances. Custom designer paint and window coverings. Fireplace in the living room along with built in media niche. Beautifully hard scape patio with tons of sunshine. Attached two car garage with storage cabinets. Inside full size laundry room with cabinetry. This community is located near shopping, restaurants, community activities and freeways. Important note: tenant occupied with a one year lease agreement until February 28th 2016. Tenant would like to stay on for a couple years and is paying current market rent at $2350 monthly. Great investment opportunity!

Last Agent to Sell the Property

Donald Quinn

Seven Gables Real Estate License #00759961 Listed on: 04/09/2015

Seven Gables Real Estate

Last Buyer's Agent

George Geronsin

BHHS CA Properties License #01435284

BHHS CA Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1999

Lot Details

  • 1,400 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,430 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Additional Features

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs, trash collection, water
  • Tax Lot 3
  • Tax Tract Number 15583
  • Assessor Parcel Number 93027627

Community Details

Overview

  • Terracina Association
  • Samlarc Association

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $500
  • New Taxes Expense $6,000
  • Gross Income $2,350
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,612

Year Built

Built in 1999

Lot Details

0

HOA Fees

$242 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terracina (TERC)
  • Property Type: Residential Income
  • Parcel Number: 93027627
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Price Per Square Foot: 323.78
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Samlarc
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 186.00
  • Association #2 Fee: 56.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Terracina
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1400.00
  • Lot Size Acres: 0.0320

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs, Trash Collection, Water

Multi Family

  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 1400.0000 Square Feet
  • Net Operating Income: 24600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 3
  • Tax Tract Number: 15583
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 12, 2015
Sold by
Zaretzka Eck Leeanne and Eck Randy
Bought by
S & S Properties
Seller's Agent
Donald Quinn
Seven Gables Real Estate
Buyer's Agent
George Geronsin
BHHS CA Properties
List Price
$500,000
Sold Price
$463,000
Premium/Discount to List
-$37,000
-7.4%
Current Estimated Value
$864,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,025
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Feb 16, 2005
Sold by
Raffelson Gary Melvin and Raffelson Norma Lee
Bought by
Esk Randy and Zaretzka Eck Leeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Terracina Llc
Bought by
Raffelson Gary Melvin and Raffelson Norma Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,100
Interest Rate
7.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
S & S Properties $463,000 Orange Coast Title Co Socal
Esk Randy $518,000 Landwood Title Company
Raffelson Gary Melvin $210,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eck Randy $78,800
Previous Owner Esk Randy $414,400
Previous Owner Raffelson Gary Melvin $200,000
Previous Owner Raffelson Gary Melvin $274,000
Previous Owner Raffelson Gary Melvin $276,750
Previous Owner Raffelson Gary Melvin $223,000
Previous Owner Raffelson Gary Melvin $168,100
Closed Raffelson Gary Melvin $21,000
Closed Esk Randy $77,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $463,000 -7.4% $324 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $500,000 -- $350 / 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 $5,612 $548,095 $349,727 $198,368
2024 $5,612 $537,349 $342,870 $194,479
2023 $5,484 $526,813 $336,147 $190,666
2022 $5,391 $516,484 $329,556 $186,928
2021 $5,179 $506,357 $323,094 $183,263
2020 $5,249 $501,165 $319,781 $181,384
2019 $5,791 $491,339 $313,511 $177,828
2018 $6,267 $481,705 $307,363 $174,342
2017 $6,479 $472,260 $301,336 $170,924
2016 $6,673 $463,000 $295,427 $167,573
2015 $6,334 $440,000 $256,429 $183,571
2014 -- $417,125 $233,554 $183,571
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15083368

California Regional Multiple Listing Service (CRMLS)

APN: 930-276-27