Seller's Agent in 2025
Beau Beardslee
First Team Real Estate
(949) 702-7752
47 in this area
148 Total Sales
22482 Formentor Unit 15 Mission Viejo, CA 92692
2
Beds
2
Baths
1,444
Sq Ft
$713/mo
HOA Fee
Highlights
- Boat Dock
- Boat Slip
- Fishing
- Castille Elementary School Rated A
- Spa
- Views of Pier
About This Home
As of September 2025***HUGE PRICE DROP!!*** Don’t miss this chance to own a gorgeous home overlooking Lake Mission Viejo. Enjoy lake views from almost every room with no other houses between you and the water. Immerse yourself in the serenity of mature trees and peaceful lakefront living in this spacious two-bedroom, two-bathroom residence located in a guard-gated community.
The open floor plan features hardwood flooring in the living and dining areas, plush carpet in the bedrooms, and an oversized patio perfect for relaxing or entertaining. Just beyond the patio, you’ll find open space that adds breathing room and a sense of privacy that’s hard to find. Nestled beside tall trees, the home feels like your own private retreat.
The Mallorca community also offers a private beach and pool. Moreover, as a resident, you’ll have access to the resort-style amenities of Lake Mission Viejo—including beaches, docks, boat rentals, fishing, picnic areas, volleyball and basketball courts, and a clubhouse—where every day feels like a vacation.
And did I mention the summer concerts and Fourth of July fireworks? Because those are part of the lifestyle too.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: shelbywu.realtor@gmail.com License #01848082 Listed on: 04/23/2025
Co-Listed By
Coldwell Banker Realty Brokerage Email: shelbywu.realtor@gmail.com License #02060251
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,384
Year Built
- Built in 1981
Lot Details
- End Unit
- No Units Located Below
- 1 Common Wall
- Wrought Iron Fence
HOA Fees
Parking
- 2 Car Garage
- Parking Available
Property Views
- Views of a pier
- Lake
- Woods
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
Interior Spaces
- 1,444 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Gas Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Exhaust Fan In Bathroom
Outdoor Features
- Spa
- Boat Slip
- Covered Patio or Porch
- Exterior Lighting
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 9970
- Assessor Parcel Number 93196415
Community Details
Overview
- 386 Units
- Mallorca Association, Phone Number (949) 855-1800
- Lake Mission Viejo Association, Phone Number (949) 770-1313
- Seabreeze HOA
- Mallorca Condos Subdivision
- Community Lake
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Boat Dock
- Community Pool
- Community Spa
- Fishing
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
Sep 11, 2025
Sold by
Hsuan Family Trust and Hsuan Kevin Yi
Bought by
Rs Real Estate Plus
Seller's Agent
Shelby Wu
Coldwell Banker Realty
Buyer's Agent
Beau Beardslee
First Team Real Estate
List Price
$1,099,999
Sold Price
$850,000
Premium/Discount to List
-$249,999
-22.73%
Views
264
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.41%
Original Mortgage
$850,000
Outstanding Balance
$849,251
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$44,622
Purchase Details
Closed on
Sep 1, 2017
Sold by
Clark Geffrey Bryan and Morcos Clark Nermine
Bought by
Hsuan Kevin Yi and Hsuan Lilien Hu
Purchase Details
Closed on
Feb 24, 2016
Sold by
Morcos Nermine
Bought by
The Two Hearts Beat As One Trust
Purchase Details
Closed on
Aug 25, 2005
Sold by
Shuttleworth Nancy
Bought by
Morcos Nermine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 8, 1998
Sold by
Klecak Thomas R and Klecak Naomi J
Bought by
Shuttleworth Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.05%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 10, 1997
Sold by
Klecak Thomas R and Klecak Naomi J
Bought by
Klecak Thomas Richard and Klecak Naomi Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.61%
Purchase Details
Closed on
Jul 16, 1997
Sold by
Giti Yazdanshenas
Bought by
Klecak Thomas R and Klecak Naomi J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.61%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Fidelity National Title | |
| Grant Deed | $653,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $680,000 | Fidelity National Title | |
| Grant Deed | $220,000 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $200,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | Construction | |
| Previous Owner | $68,000 | Stand Alone Second | |
| Previous Owner | $544,000 | Purchase Money Mortgage | |
| Previous Owner | $22,000 | Balloon | |
| Previous Owner | $160,000 | No Value Available | |
| Closed | $176,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $1,148,000 | +35.1% | $795 / Sq Ft |
| 09/23/2025 09/23/25 | Sold | $850,000 | -5.6% | $589 / Sq Ft |
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $900,000 | -5.3% | $623 / Sq Ft |
| 07/23/2025 07/23/25 | Price Changed | $950,000 | -5.0% | $658 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $999,999 | -9.1% | $693 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $1,099,999 | +29.4% | $762 / Sq Ft |
| 06/15/2025 06/15/25 | Off Market | $850,000 | -- | -- |
| 05/22/2025 05/22/25 | Price Changed | $1,099,999 | -6.0% | $762 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $1,170,000 | 0.0% | $810 / Sq Ft |
| 10/14/2022 10/14/22 | Rented | $3,700 | -2.6% | -- |
| 09/26/2022 09/26/22 | Under Contract | -- | -- | -- |
| 09/08/2022 09/08/22 | For Rent | $3,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,384 | $742,999 | $561,331 | $181,668 |
| 2024 | $7,384 | $728,431 | $550,325 | $178,106 |
| 2023 | $7,228 | $714,149 | $539,535 | $174,614 |
| 2022 | $7,090 | $700,147 | $528,956 | $171,191 |
| 2021 | $6,953 | $686,419 | $518,584 | $167,835 |
| 2020 | $6,884 | $679,381 | $513,266 | $166,115 |
| 2019 | $6,749 | $666,060 | $503,202 | $162,858 |
| 2018 | $6,619 | $653,000 | $493,335 | $159,665 |
| 2017 | $6,266 | $625,000 | $455,095 | $169,905 |
| 2016 | $5,914 | $590,000 | $420,095 | $169,905 |
| 2015 | $5,354 | $533,000 | $363,095 | $169,905 |
| 2014 | $5,356 | $533,000 | $363,095 | $169,905 |
Source: Public Records
Agents Affiliated with this Home
-
Beau Beardslee
-
Shelby Wu
Seller's Agent in 2025
Shelby Wu
Coldwell Banker Realty
(949) 438-4340
1 in this area
52 Total Sales
-
Cotter Tillemans
Seller Co-Listing Agent in 2025
Cotter Tillemans
First Team Real Estate
(949) 707-4400
5 in this area
37 Total Sales
-
Juhua Li
Seller Co-Listing Agent in 2025
Juhua Li
Coldwell Banker Realty
(949) 668-3107
1 in this area
7 Total Sales
-
S
Seller's Agent in 2022
Sue Vaurs
Seven Gables Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25069325
APN: 931-964-15
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