NOT LISTED FOR SALE

Estimated Value: $452,000 - $597,000

1 Bed
1 Bath
693 Sq Ft
1989 Built

Last Sold October 12, 2016

Last sale price $259,000 $374 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,873/month

Highlights

  • In Ground Pool
  • Wood Flooring
  • High Ceiling
  • Trabuco Mesa Elementary School Rated A
  • Spanish Architecture
  • Great Room

About This Home

As of October 2016

Absolutely Adorable 1 br, 1ba Condo in the heart of Rancho Santa Margarita! This ground floor unit has charm from minute you enter the gated private patio large enough for a BBQ and comfortable seating area. Through the front door is the family room which has beautiful warm toned wood laminate flooring, crown molding, and 9ft ceilings. The family room opens to the remodeled kitchen which includes, granite counters, updated Martha Stewart cabinets, newer faucet, recessed lighting, and newer stainless steel appliances. Right off the kitchen is the laundry area which currently houses a stack-able washer/dryer, which is also included. The master bedroom has 2 closets and an adjoining updated bathroom with granite counters, updated cabinets and lighting, and freshly refinished tub/shower. Other features of the home are: 2 year old A/C, newer furnace, freshly painted decking on the patio, recessed lighting in the kitchen and family room, and much more! It's truly turn-key! This home is walking distance to shopping, restaurants, entertainment, and schools. Rancho Santa Margarita is a family friendly community and truly is the best OC has to offer! Bring your toothbrush and move right in! A MUST-SEE!

Last Agent to Rent the Property

Lisa Piltz

Bullock Russell RE Services License #01877694 Listed on: 10/12/2016

Bullock Russell RE Services

Last Renter's Agent

Lisa Piltz

Bullock Russell RE Services License #01877694 Listed on: 10/12/2016

Bullock Russell RE Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Landscaped

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • Shutters
  • Blinds
  • Great Room
  • Family or Dining Combination
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Wood Patio
  • Exterior Lighting
  • Front Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electricity on Bond
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer on Bond

Listing and Financial Details

  • Security Deposit $1,700
  • Rent includes association dues, trash collection
  • 12-Month Minimum Lease Term
  • Available 10/12/16
  • Tax Lot 2
  • Tax Tract Number 13180
  • Assessor Parcel Number 93214373

Community Details

Overview

  • Property has a Home Owners Association
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,091

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2016-10-12
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 1700
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Inclusions: Refrigerator, Washer, and Dryer, HOA dues
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belflora (BLF)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93214373
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 693.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.45
  • Room Type: Great Room, Kitchen, Laundry, Master Bedroom
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Front Porch, Wood
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Bond
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Level

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Association Dues, Trash Collection

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 2
  • Tax Tract Number: 13180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Shargh Sourieh Molaei
Bought by
Shargh Sourieh Molaei and The Sourieh Molaei Shargh Family Trust
Current Estimated Value
$497,217

Purchase Details

Listed on
Oct 12, 2016
Closed on
Sep 29, 2016
Sold by
Kaye Susan
Bought by
Shargh Sourieh Molaei
Seller's Agent
Lisa Piltz
Bullock Russell RE Services
Buyer's Agent
Lisa Piltz
Bullock Russell RE Services
Sold Price
$1,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 21, 2012
Sold by
Corbett Jeff and Corbett Jonette
Bought by
Kaye Susan
Seller's Agent
Jennifer Castaneda
Berkshire Hathaway HomeService
Buyer's Agent
Jim Thor
HomeSmart, Evergreen Realty
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Ghazi Negeen
Bought by
Corbett Jeff and Corbett Jonette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,757
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Majedi Mehdi S
Bought by
Ghazi Negeen

Purchase Details

Closed on
Jan 28, 2003
Sold by
Pacheco Michael A
Bought by
Majedi Mehdi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
7%

Purchase Details

Closed on
Jan 7, 2002
Sold by
Cruz Tonya and James Tonya
Bought by
Pacheco Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
6.99%

Purchase Details

Closed on
Dec 9, 2001
Sold by
Cruz Juan
Bought by
Cruz Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
6.99%

Purchase Details

Closed on
Mar 19, 1996
Sold by
Hud
Bought by
Cruz Juan and James Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 1995
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 13, 1995
Sold by
Madrigal Jose E and Romero Elia
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Jul 5, 1994
Sold by
Madrigal Jose E and Romero Elia
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
Shargh Sourieh Molaei -- None Available
Shargh Sourieh Molaei $259,000 Chicago Title Company
Kaye Susan $105,000 Calcounties Title Nation
Corbett Jeff $174,000 Investors Title Company
Ghazi Negeen -- Accommodation
Majedi Mehdi S $165,000 United Title Company
Pacheco Michael A $124,000 First American Title Co
Cruz Tonya -- First American Title Co
Cruz Juan $49,500 American Title Insurance Co
Hud -- --
Nationsbanc Mtg Corp $106,162 --
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett Jeff $173,757
Previous Owner Majedi Mehdi S $132,600
Previous Owner Pacheco Michael A $120,280
Previous Owner Cruz Juan $49,400
Closed Pacheco Michael A $3,720
Closed Majedi Mehdi S $32,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2016 10/18/16 Rented $1,700 0.0% --
10/12/2016 10/12/16 Sold $259,000 0.0% $374 / Sq Ft View Prior Sale
10/12/2016 10/12/16 For Rent $1,700 0.0% --
09/22/2016 09/22/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $259,000 +146.7% $374 / Sq Ft
04/11/2012 04/11/12 Sold $105,000 +10.5% $152 / Sq Ft View Prior Sale
03/11/2012 03/11/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $95,000 -- $137 / 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 $3,091 $300,588 $218,630 $81,958
2024 $3,091 $294,695 $214,344 $80,351
2023 $3,021 $288,917 $210,141 $78,776
2022 $2,970 $283,252 $206,020 $77,232
2021 $2,537 $277,699 $201,981 $75,718
2020 $2,892 $274,852 $199,910 $74,942
2019 $3,239 $269,463 $195,990 $73,473
2018 $3,193 $264,180 $192,147 $72,033
2017 $3,236 $259,000 $188,379 $70,621
2016 $1,453 $111,408 $36,823 $74,585
2015 $1,528 $109,735 $36,270 $73,465
2014 $1,505 $107,586 $35,560 $72,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16715005

California Regional Multiple Listing Service (CRMLS)

APN: 932-143-73