NOT LISTED FOR SALE

22666 Galilea Unit 10 Mission Viejo, CA 92692

Estimated Value: $924,000 - $1,287,000

2 Beds
2 Baths
1,224 Sq Ft
$490/mo HOA Fee

Last Sold April 08, 2019

Last sale price $832,500 $680 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,109/month

10 Days on Market

Highlights

  • Marina
  • Lake Front
  • Beach Access
  • Castille Elementary School Rated A
  • Boat Dock
  • 24-Hour Security

About This Home

As of April 2019

We’ve all heard it before… LOCATION, LOCATION, LOCATION! This one is it, the extraordinarily rare opportunity you have been waiting for in the highly sought-after Mallorca gated community on the Lake Mission Viejo. This is unequivocally the BEST two bedroom WATERFRONT LOCATION in the entire community! This charming LAKEFRONT condo is what dreams are made of! As you approach the home, notice there is nobody above you and is conveniently situated on a street level private corner lot. Upon entering, you will be absolutely blown away by the crystal clear 180 DEGREE LAKE VIEW from every single window & door running along the back of the home. The expansive OPEN CONCEPT Contessa floor plan provides plenty of natural light and a functional layout. With two bedrooms and two full bathrooms, enjoy serene water views directly from your master bed! Make your way out to the wrap around deck perfect for entertaining or enjoying a sunset dinner positioned directly over the lake. The Mallorca community offers a pool and spa, a private beach on the lake, and boat docks directly downstairs. This property is a short walk to the Vista Del Lago center, with wonderful restaurants, and shopping. Partake in all that the Lake Mission Viejo lifestyle has to offer! Boating, sailing, kayaking, fishing, swimming, beaches, concerts, fireworks & more! NO Mello-Roos, LOW 1.034% Tax Rate! Don’t miss this incredible opportunity!

Last Agent to Sell the Property

Christy Holmes

Real Broker License #01427665 Listed on: 02/27/2019

Real Broker

Co-Listed By

Glen Holmes

Real Broker License #01753961

Last Buyer's Agent

Christy Holmes

Real Broker License #01427665 Listed on: 02/27/2019

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,225

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Lake
  • Panoramic

Home Design

  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Spa
  • Beach Access
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Castille Elementary School
  • Newhart Middle School
  • Capistrano Valley High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9969
  • Assessor Parcel Number 93667010

Community Details

Overview

  • 369 Units
  • Mallorca Condos Association, Phone Number (949) 581-4988
  • Lmva Association, Phone Number (949) 770-1313
  • Contessa

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Boat Dock
  • Marina
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,225

Year Built

Built in 1979

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Mallorca Condos (MQ)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93667010
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 680.15
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, Community

Exterior Features

  • Patio: Yes
  • View: Lake, Panoramic, Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: LMVA
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Dock, Guard, Security, Controlled Access
  • Association Fee: 470.00
  • Association #2 Fee: 20.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mallorca Condos
  • Phone: 949-581-4988
  • Association Phone #2: 949-770-1313
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Capistrano Unified
  • Elementary School: Castille
  • Middle School: Newhart
  • High School: Capistrano Valley
  • Elementary School: Castille
  • High School: Capistrano Valley
  • Middle Or Junior School: Newhart
  • Elementary School #2: CASTIL2
  • High School2: CAPVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0344
  • Latitude Manual: 33.63363000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1500.0000 Square Feet
  • Number Of Units In Community: 369
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Lake Front, Marina in Community

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 9969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 12, 2019
Sold by
Riggle Stephen and Riggle Rebecca
Bought by
The Adam Sandler Family Trust
Seller's Agent
Christy Holmes
Real Broker
Buyer's Agent
Christy Holmes
Real Broker
List Price
$850,000
Sold Price
$832,500
Premium/Discount to List
-$17,500
-2.06%
Current Estimated Value
$1,081,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,474
Avg. Annual Appreciation
4.87%
Original Mortgage
$666,000
Outstanding Balance
$590,281
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$540,297

Purchase Details

Closed on
Feb 5, 2015
Sold by
Al Athel Abdullah M S
Bought by
Riggle Stephen and Riggle Rebecca
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
The Adam Sandler Family Trust $832,500 Lawyers Title Company
Riggle Stephen $615,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Adam Sandler Family Trust $666,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $832,500 -2.1% $680 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $850,000 +38.2% $694 / Sq Ft
05/06/2015 05/06/15 Sold $615,000 0.0% $502 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $615,000 -- $502 / 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 $9,225 $928,668 $746,471 $182,197
2024 $9,225 $910,459 $731,834 $178,625
2023 $9,030 $892,607 $717,484 $175,123
2022 $8,858 $875,105 $703,415 $171,690
2021 $8,687 $857,947 $689,623 $168,324
2020 $8,601 $849,150 $682,551 $166,599
2019 $6,714 $662,594 $502,904 $159,690
2018 $6,585 $649,602 $493,043 $156,559
2017 $6,457 $636,865 $483,375 $153,490
2016 $6,333 $624,378 $473,897 $150,481
2015 $3,586 $351,312 $213,456 $137,856
2014 $3,518 $344,431 $209,275 $135,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19042286

California Regional Multiple Listing Service (CRMLS)

APN: 936-670-10