NOT LISTED FOR SALE

2 Picazo Unit 68 Rancho Santa Margarita, CA 92688

Estimated Value: $517,363 - $663,000

2 Beds
2 Baths
882 Sq Ft
1987 Built

Highlights

  • Private Pool
  • Fireplace
  • Patio
  • Trabuco Mesa Elementary School Rated A
  • Cooling Available
  • 4-minute walk to Cielo Vista Park

About This Home

As of March 2013

Very cute corner-end unit, ground level condo, located at Santa Margarita Pkwy & Alma Aldea! 2 Bedrooms and 2 Full Bathrooms, 1 assigned carport + 1 parking permit inside complex. New paint throughout, gas range, dishwasher, & nice carpet. Enjoy all the amenities Rancho Santa Margarita has to offer, including Multiple Pools, Parks, Sport Courts, and Lake. AVAILABLE NOW for immediate move-in! Sorry, No Pets.

Last Agent to Rent the Property

Joe Nielsen

United Real Estate Professionals License #01722138 Listed on: 02/01/2013

United Real Estate Professionals

Last Renter's Agent

Alexander Krywenko

Engel & Völkers Newport Beach License #01368008

Engel & Völkers Newport Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1987

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • 100 Units
  • Las Flores Association
  • Samlarc Association

Listing and Financial Details

  • Security Deposit $1,500
  • 12-Month Minimum Lease Term
  • Available 2/21/13
  • Tax Lot 7
  • Tax Tract Number 12716
  • Assessor Parcel Number 93195460

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,998

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Available Date: 2013-02-21
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Las Flores (R1) (LF)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93195460
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 882.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1.59

Exterior Features

  • Patio: Yes
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Association Fee Frequency: Monthly
  • Association Name: Las Flores
  • Senior Community: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 12716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Montalvo Dorianne
Bought by
Fernandez Daniel
Current Estimated Value
$581,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,314
Outstanding Balance
$287,710
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$294,131

Purchase Details

Closed on
May 2, 2018
Sold by
Fernandez Daniel
Bought by
Samarakone Susan and Garces Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,314
Outstanding Balance
$287,710
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$294,131

Purchase Details

Closed on
Jun 15, 2009
Sold by
Southland Ventures Llc
Bought by
Fernandez Daniel

Purchase Details

Closed on
May 13, 2009
Sold by
Garcia Jose
Bought by
Southland Ventures Llc

Purchase Details

Closed on
Oct 25, 2005
Sold by
Moreno Frank G and Moreno Vina R
Bought by
Garcia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Ray Shahi and Ray Janette Richards
Bought by
Moreno Frank G and Moreno Vina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
8.19%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1999
Sold by
Richards Janette
Bought by
Shani Ray and Richards Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.79%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Hud
Bought by
Richards Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1995
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
May 1, 1995
Sold by
Phipps Clifford M and Phipps Carolyn R
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 3, 1994
Sold by
Phipps Clifford M and Phipps Carolyn R
Bought by
Boston Harbor Corp
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
Fernandez Daniel -- Lawyers Title Co
Samarakone Susan $341,500 Lawyers Title Co
Fernandez Daniel $210,000 Fidelity National Title Co
Southland Ventures Llc $159,500 None Available
Garcia Jose $350,000 Alliance Title
Moreno Frank G $129,000 Benefit Land Title Company
Shani Ray -- Benefit Land Title Company
Richards Janette -- American Title Ins Co
Hud -- American Title Insurance Co
Norwest Mtg Inc $128,617 American Title Insurance Co
Boston Harbor Corp -- --
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samarakone Susan $335,314
Previous Owner Garcia Jose $279,920
Previous Owner Moreno Frank G $122,000
Previous Owner Shani Ray $93,750
Previous Owner Richards Janette $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2013 03/07/13 Rented $1,400 +3.7% --
03/06/2013 03/06/13 Under Contract -- -- --
02/01/2013 02/01/13 For Rent $1,350 -- --
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 $3,998 $388,565 $320,383 $68,182
2024 $3,998 $380,947 $314,101 $66,846
2023 $3,908 $373,478 $307,942 $65,536
2022 $3,843 $366,155 $301,904 $64,251
2021 $3,406 $358,976 $295,984 $62,992
2020 $3,744 $355,296 $292,949 $62,347
2019 $4,262 $348,330 $287,205 $61,125
2018 $2,862 $237,552 $168,280 $69,272
2017 $2,898 $232,895 $164,981 $67,914
2016 $3,117 $228,329 $161,746 $66,583
2015 $3,206 $224,900 $159,317 $65,583
2014 $3,145 $220,495 $156,196 $64,299
Source: Public Records

Agents Affiliated with this Home

  • Joe Nielsen

    Landlord's Agent in 2013

    Joe Nielsen

    United Real Estate Professionals

    (949) 636-1220

    1 in this area

    11 Total Sales

    Joe Nielsen
    Section Image

  • A

    Tenant's Agent in 2013

    Alexander Krywenko

    Engel & Völkers Newport Beach

    (949) 412-6052

    5 in this area

    33 Total Sales

    Alexander Krywenko
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13013837

California Regional Multiple Listing Service (CRMLS)

APN: 931-954-60

California Orange County Rancho Santa Margarita 92688

2 Picazo Unit 68, Rancho Santa Margarita, CA

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