NOT LISTED FOR SALE

19 Redbud Unit 120 Rancho Santa Margarita, CA 92688

Estimated Value: $535,000 - $556,568

2 Beds
2 Baths
799 Sq Ft
$275/mo HOA Fee

Last Sold December 24, 2020

Last sale price $344,000 $431 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,543/month

81 Days on Market

Highlights

  • Community Lake
  • Main Floor Bedroom
  • Community Pool
  • Trabuco Mesa Elementary School Rated A
  • Neighborhood Views
  • 2-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of December 2020

Two bedroom condo in a great location. This property is in good original condition. It features 2 full bathrooms, inside full size laundry and vaulted ceilings throughout the property make it feel much larger. one car garage and designated parking spot. located right next to the Lago Santa Margarita Beach Club and Lagoon. Great opportunity to pick up a property below current market value. with a fully approved short sale.

Last Agent to Sell the Property

Ken Stewart

Big Block Premier License #01262359 Listed on: 07/17/2020

Big Block Premier

Last Buyer's Agent

Christopher Whitaker

Keep Your Keys, Inc. License #01951369

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1996

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 799 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

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

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375146

Community Details

Overview

  • 200 Units
  • Mission Courts II Association, Phone Number (949) 261-8282
  • Samlarc Association
  • Community Lake

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,757

Year Built

Built in 1996

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R1) (MC)
  • View: Yes
  • Zoning: PC
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375146
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 799.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 430.54
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Samlarc
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 220.00
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission courts II
  • Phone: 949-261-8282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Lake, Park, Sidewalks, Street Lights, Suburban
  • Association Management: unknown

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 7
  • Tax Tract Number: 12717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Covert-Ross Hunter Julia
Bought by
Julia Covert-Ross Hunter Revocable Living Tru and Hunter
Current Estimated Value
$546,642

Purchase Details

Closed on
Oct 13, 2020
Sold by
Esquivel Luis A
Bought by
Hunter Julia Covert Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
Rudolf Joseph
Bought by
Esquivel Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,980
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 28, 2001
Sold by
Nawar Madgy
Bought by
Rudolf Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
6.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 24, 2000
Sold by
D R Horton Los Angeles Holding Co Inc
Bought by
Bender Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,750
Interest Rate
8.08%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Emc Mtg Corp
Bought by
Nawar Magdy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.05%

Purchase Details

Closed on
Jul 1, 1994
Sold by
Great Western Bank
Bought by
Emc Mtg Corp

Purchase Details

Closed on
May 19, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank
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
Julia Covert-Ross Hunter Revocable Living Tru -- None Listed On Document
Hunter Julia Covert Ross $344,000 First American Title Company
Esquivel Luis A $380,000 Equity Title Company
Rudolf Joseph $174,000 Landwood Title Company
Bender Jennifer J $226,000 Chicago Title Co
Nawar Magdy $75,000 Fidelity National Title Ins
Nawar Madgy -- Fidelity National Title Ins
Emc Mtg Corp $71,000 Fidelity National Title Ins
Great Western Bank $78,367 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Julia Covert Ross $304,000
Previous Owner Esquivll Luis A $356,250
Previous Owner Esquivel Luis A $75,980
Previous Owner Esquivel Luis A $303,920
Previous Owner Rudolf Joseph $194,000
Previous Owner Rudolf Joseph $34,800
Previous Owner Rudolf Joseph $139,200
Previous Owner Bender Jennifer J $180,750
Previous Owner Nawar Magdy $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $344,000 -2.8% $431 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/02/2020 10/02/20 Price Changed $354,000 +16.1% $443 / Sq Ft
10/02/2020 10/02/20 For Sale $305,000 0.0% $382 / Sq Ft
08/19/2020 08/19/20 For Sale $305,000 0.0% $382 / Sq Ft
07/17/2020 07/17/20 For Sale $305,000 -11.3% $382 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
06/06/2020 06/06/20 Off Market $344,000 -- --
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 $3,757 $372,355 $292,237 $80,118
2024 $3,757 $365,054 $286,506 $78,548
2023 $3,671 $357,897 $280,889 $77,008
2022 $3,608 $350,880 $275,381 $75,499
2021 $3,164 $344,000 $269,981 $74,019
2020 $4,230 $402,000 $316,538 $85,462
2019 $4,881 $402,000 $316,538 $85,462
2018 $4,909 $402,000 $316,538 $85,462
2017 $4,530 $360,000 $274,538 $85,462
2016 $4,302 $317,000 $231,538 $85,462
2015 $4,472 $317,000 $231,538 $85,462
2014 $3,729 $263,200 $177,738 $85,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20141467

California Regional Multiple Listing Service (CRMLS)

APN: 933-751-46