Landlord's Agent in 2025
Debra Kovacs
CENTURY 21 Affiliated
(949) 350-0146
12 in this area
104 Total Sales
22642 Formentor Unit 44 Mission Viejo, CA 92692
2
Beds
2
Baths
1,444
Sq Ft
1979
Built
Highlights
- 24-Hour Security
- Spa
- Open Floorplan
- Castille Elementary School Rated A
- Lake View
- Wood Flooring
About This Home
As of February 2025Stunning location and Lake Views!! This beautiful, unfurnished home has it all. As you enter the private Gated Community of Mallorca you feel a sense of peace and you know you're at home. Beautiful views of the lake from every window in the back of the home. Exceptional open floor plan. Light and bright and so spacious. Oversized living room with stunning stacked stone fireplace and built ins. The sliding door leads you out to the view patio of the lake and lush greenbelt. Gorgeous kitchen with stone counters, Viking Appliances and rich warm cabinetry. Breakfast nook with large windows and plantation shutters. Master suite is exquisite with custom built ins and large, picturesque window. Master bath has dual sinks, large, mirrored door closets. Secondary bedroom is also generous in size with custom built in and nice size closet. Hall bath updated with beautiful finishes. This home is really one of a kind. The views of the lake, greenbelts, mountains and city lights are untouchable. Enjoy all the amenities that Mallorca offers. Private beach, boat docks, dry docks for paddle boards, pools, spas, picnic areas and Cabanas. This private gated community and lifestyle is waiting for you.
Last Agent to Rent the Property
CENTURY 21 Affiliated Brokerage Phone: 949-350-0146 License #01277417 Listed on: 12/15/2024
Last Renter's Agent
CENTURY 21 Affiliated Brokerage Phone: 949-350-0146 License #01277417 Listed on: 12/15/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $5,363
Year Built
- Built in 1979
Parking
- 2 Car Garage
- Parking Available
Property Views
- Lake
- City Lights
- Mountain
Home Design
- Turnkey
Interior Spaces
- 1,444 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Plantation Shutters
- Blinds
- Entryway
- Living Room with Fireplace
- L-Shaped Dining Room
- Library
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Spa
- Covered Patio or Porch
- Exterior Lighting
Additional Features
- Two or More Common Walls
- Forced Air Heating and Cooling System
Listing and Financial Details
- Security Deposit $4,900
- Rent includes trash collection
- 12-Month Minimum Lease Term
- Available 12/22/24
- Tax Lot 1
- Tax Tract Number 9969
- Assessor Parcel Number 93667044
Community Details
Overview
- Property has a Home Owners Association
- Front Yard Maintenance
- 369 Units
- Mallorca Condos Subdivision
- Greenbelt
Recreation
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
- Pet Deposit $500
Additional Features
- Community Barbecue Grill
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Nov 27, 2024
Sold by
Palocsay Family Trust and Palocsay Robert A
Bought by
Cans Llc
Seller's Agent
Steve Ruiz
Regency Real Estate Brokers
Buyer's Agent
Debra Kovacs
CENTURY 21 Affiliated
List Price
$1,100,000
Sold Price
$1,100,000
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,919
Avg. Annual Appreciation
-6.78%
Purchase Details
Closed on
Sep 1, 2011
Sold by
Corogenes Charles C and Corogenes Sally A
Bought by
Palocsay Robert A and Palocsay Jill S
Purchase Details
Closed on
Jul 9, 1997
Sold by
Robert Lauber and Robert Chris
Bought by
Corogenes Charles C and Corogenes Sally A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
7.57%
Purchase Details
Closed on
Mar 10, 1994
Sold by
Winn R Keith and Winn Cyndi
Bought by
Lauber Robert and Lauber Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
7.15%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cans Llc | $1,100,000 | Orange Coast Title | |
| Palocsay Robert A | $435,000 | Fidelity Natl Title Irvine | |
| Corogenes Charles C | $183,000 | Fidelity National Title Ins | |
| Lauber Robert | $202,500 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palocsay Robert A | $180,000 | |
| Previous Owner | Corogenes Charles C | $298,060 | |
| Previous Owner | Corogenes Charles C | $115,000 | |
| Previous Owner | Corogenes Charles C | $225,000 | |
| Previous Owner | Corogenes Charles C | $210,000 | |
| Previous Owner | Corogenes Charles C | $223,500 | |
| Previous Owner | Corogenes Charles C | $32,000 | |
| Previous Owner | Corogenes Charles C | $173,850 | |
| Previous Owner | Lauber Robert | $182,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2025 02/22/25 | Rented | $4,500 | 0.0% | -- |
| 02/18/2025 02/18/25 | Under Contract | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $4,500 | -8.2% | $3 / Sq Ft |
| 12/15/2024 12/15/24 | For Rent | $4,900 | 0.0% | -- |
| 12/11/2024 12/11/24 | Sold | $1,100,000 | 0.0% | $745 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | For Sale | $1,100,000 | -- | $745 / Sq Ft |
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 | $5,363 | $1,100,000 | $875,830 | $224,170 |
| 2024 | $5,363 | $535,666 | $341,526 | $194,140 |
| 2023 | $5,248 | $525,163 | $334,829 | $190,334 |
| 2022 | $5,147 | $514,866 | $328,264 | $186,602 |
| 2021 | $5,047 | $504,771 | $321,827 | $182,944 |
| 2020 | $4,996 | $499,596 | $318,527 | $181,069 |
| 2019 | $4,896 | $489,800 | $312,281 | $177,519 |
| 2018 | $4,801 | $480,197 | $306,158 | $174,039 |
| 2017 | $4,706 | $470,782 | $300,155 | $170,627 |
| 2016 | $4,615 | $461,551 | $294,269 | $167,282 |
| 2015 | $4,561 | $454,619 | $289,849 | $164,770 |
| 2014 | $4,472 | $445,714 | $284,171 | $161,543 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Kovacs
-
Steve Ruiz
Seller's Agent in 2024
Steve Ruiz
Regency Real Estate Brokers
(949) 292-6058
45 in this area
64 Total Sales
-
Carol Ruiz
C
Seller Co-Listing Agent in 2024
Carol Ruiz
Regency Real Estate Brokers
(949) 707-4400
24 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24249625
APN: 936-670-44
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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