NOT LISTED FOR SALE

19 Floramar Unit 1 Rancho Santa Margarita, CA 92688

Estimated Value: $883,000 - $920,000

2 Beds
2.5 Baths
1,493 Sq Ft
$399/mo HOA Fee

Last Sold November 27, 2023

Last sale price $800,000 $536 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,001/month

34 Days on Market

Highlights

  • Mountain View
  • Community Pool
  • Laundry Room
  • Trabuco Mesa Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of November 2023

Charming 2 Bed/2.5 bath townhome with views of Saddleback Mountains, located near Lake Santa Margarita! End unit, complete with attached, large 2 car garage and spacious backyard. Light, bright and open floor plan with with vaulted ceilings and a second downstairs living space that could be an office, den or playroom. Upstairs you will find a large primary suite with private balcony and views. Also upstairs is a separate junior primary suite. Prime location, with close proximity to Lago Rancho Santa Margarita Beach Club and Lagoon and Samlarc Parks and Recreation. Additional RSM amenities include sparkling pools/spas, playgrounds, luxury clubrooms, barbecues, picnic areas, fishing and more.

Last Agent to Sell the Property

Ben Tate

Compass License #01871507 Listed on: 09/22/2023

Compass

Co-Listed By

Jerry LaMott

Compass License #00469045

Last Buyer's Agent

Osama Mentis

T.N.G. Real Estate Consultants License #02177907

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,493 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 12459
  • Assessor Parcel Number 93188451
  • $70 per year additional tax assessments

Community Details

Overview

  • 112 Units
  • Floramar Association, Phone Number (949) 716-3998
  • Samlarc HOA
  • Floramar Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,376

Year Built

Built in 1986

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Kitchen Refrigerator, Washer and Dryer
  • Property Attached: Yes
  • Subdivision Name Other: Floramar (FM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93188451
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1493.00 Square Feet
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 535.83
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 318.00
  • Association #2 Fee: 81.00
  • Association Fee Frequency: Monthly
  • Association Name: Floramar
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Urban
  • Association Management: Samlarc

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 112
  • Number Of Units Total: 30

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 2
  • Tax Tract Number: 12459
  • TaxOtherAnnualAssessmentAmount: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 10, 2023
Sold by
Martony Thomas
Bought by
Martony Molly
Seller's Agent
Ben Tate
Compass
Buyer's Agent
Osama Mentis
T.N.G. Real Estate Consultants
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Views
61
Current Estimated Value
$901,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,702
Avg. Annual Appreciation
5.25%
Original Mortgage
$720,000
Outstanding Balance
$708,208
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$167,642

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 3, 2023
Sold by
Panagon Sophocles
Bought by
Panagon Julie J Chase and Chase Julie J
Seller's Agent
Ben Tate
Compass
Buyer's Agent
Osama Mentis
T.N.G. Real Estate Consultants
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$708,208
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$167,642

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 27, 2023
Sold by
Panagon Julie J Chase
Bought by
Metry Sharl S and Elwahsh Sara Medhat
Seller's Agent
Ben Tate
Compass
Buyer's Agent
Osama Mentis
T.N.G. Real Estate Consultants
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$708,208
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$167,642

Purchase Details

Closed on
Jun 2, 2023
Sold by
Panagon Sophocles
Bought by
Chase Julie J Chase

Purchase Details

Closed on
Mar 26, 2013
Sold by
Ragusa Ron S and Chase Julie J
Bought by
Chase Julie J and Ragusa Hayley

Purchase Details

Closed on
Sep 22, 2011
Sold by
Selzer Robert E and Selzer Gloria J
Bought by
Ragusa Ron S and Rugusa Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Selzer Robert E and Selzer Gloria J
Bought by
Selzer Robert E and Selzer Gloria J
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
Martony Molly -- Chicago Title
Martony Molly -- Chicago Title
Panagon Julie J Chase -- Chicago Title
Ragusa Chase -- Chicago Title
Rinaldi Hayley -- Chicago Title
Panagon Julie J Chase -- Chicago Title
Ragusa Chase -- Chicago Title
Rinaldi Hayley -- Chicago Title
Metry Sharl S $800,000 Chicago Title Company
Panagon Julie J Chase -- Chicago Title
Metry Sharl S $800,000 Chicago Title Company
Panagon Julie J Chase -- Chicago Title
Chase Julie J Chase -- None Listed On Document
Chase Julie J Chase -- None Listed On Document
Chase Julie J -- None Available
Chase Julie J -- None Available
Ragusa Ron S $315,000 Ticor Title Insurance
Ragusa Ron S $315,000 Ticor Title Insurance
Selzer Robert E -- None Available
Selzer Robert E -- None Available
Selzer Robert E -- None Available
Selzer Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metry Sharl S $720,000
Previous Owner Ragusa Ron S $115,000
Previous Owner Selzer Robert E $72,000
Previous Owner Selzer Robert E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $800,000 +0.6% $536 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $795,000 +6.0% $532 / Sq Ft
09/22/2023 09/22/23 For Sale $750,000 -- $502 / 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 $8,376 $816,000 $655,868 $160,132
2024 $8,376 $800,000 $643,007 $156,993
2023 $3,890 $380,288 $233,364 $146,924
2022 $3,822 $372,832 $228,788 $144,044
2021 $3,133 $365,522 $224,302 $141,220
2020 $3,719 $361,775 $222,003 $139,772
2019 $4,093 $354,682 $217,650 $137,032
2018 $4,030 $347,728 $213,382 $134,346
2017 $4,068 $340,910 $209,198 $131,712
2016 $4,440 $334,226 $205,096 $129,130
2015 $4,569 $329,206 $202,015 $127,191
2014 $4,485 $322,758 $198,058 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23165310

California Regional Multiple Listing Service (CRMLS)

APN: 931-884-51