NOT LISTED FOR SALE

Estimated Value: $513,000 - $672,000

2 Beds
1 Bath
850 Sq Ft
$412/mo HOA Fee

Last Sold October 08, 2021

Last sale price $437,000 $514 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,858/month

7 Days on Market

Highlights

  • Spa
  • No Units Above
  • Community Lake
  • Rancho Santa Margarita Intermediate School Rated A
  • Open Floorplan
  • Property is near a park

About This Home

As of October 2021

Welcome to a charming, light and bright, upper-level condo in quiet Mission Courts. This rarely on the market 1 bedroom + spacious loft floor plan is ideally located in Rancho Santa Margarita across the street from the beautiful RSM lake and shopping center and a short walk to near by schools. An ideal property for a first time buyer or for the savvy investor. You’ll love the two-story vaulted ceilings as you enter the home which boasts a newer door, fresh paint, newer dual-paned vinyl windows, custom recessed lighting throughout, and an upgraded kitchen and bathroom. The floor plan includes: spacious living room, separate dining area with large pantry, well lit kitchen with custom backsplash and stainless steel appliances, interior washer/dryer, and a bedroom that features dual closets, vaulted ceiling and a unique upper display shelf. The upstairs loft, perfect for a second bedroom, a den or a huge home office also includes a separate, large bonus area which can be utilized as a walk-in closet, a sleeping area, or a second office/tech space. The possibilities are endless!! Property includes a conveniently located 1-car garage with storage and remote. Enjoy the incredible RSM amenities including parks, pools, tennis courts and the popular beach club.

Last Agent to Sell the Property

Sandra Williams

Coldwell Banker Realty License #01304202 Listed on: 09/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Scott Alden

eXp Realty of California Inc License #01356244

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Panel Doors
  • Living Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Cielo Vista Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12481
  • Assessor Parcel Number 93195203
  • $54 per year additional tax assessments

Community Details

Overview

  • 170 Units
  • Samlarc Association, Phone Number (949) 709-0010
  • Mission Courts Association
  • First Service HOA
  • Mission Courts Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,698

Year Built

Built in 1986

Lot Details

0

HOA Fees

$412 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, dryer and refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Mission Courts (R1) (MC)
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93195203
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 514.12
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Remodeled

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Mission Courts
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Dog Park, Tennis Court(s), Biking Trails, Hiking Trails, Trash
  • Association Fee: 71.00
  • Association #2 Fee: 341.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Samlarc
  • Phone: 9497090010
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Hiking, Gutters, Lake, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Cielo Vista
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Cielo Vista
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: CIEVIS
  • High School2: TRAHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 170
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.55
  • Tax Lot: 5
  • Tax Tract Number: 12481
  • TaxOtherAnnualAssessmentAmount: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 21, 2021
Sold by
Delia Mary R
Bought by
Palumbo Christopher and Palumbo Adriana
Seller's Agent
Sandra Williams
Coldwell Banker Realty
Buyer's Agent
Scott Alden
eXp Realty of California Inc
List Price
$425,000
Sold Price
$437,000
Premium/Discount to List
$12,000
2.82%
Current Estimated Value
$578,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,472
Avg. Annual Appreciation
5.92%
Original Mortgage
$415,150
Outstanding Balance
$382,662
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$165,754

Purchase Details

Closed on
Sep 17, 2002
Sold by
Sperry Deborah
Bought by
Delia Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.5%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Barnes Scott Thomas
Bought by
Sperry Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
10.45%
Source: Public Records

Range of Values:

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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
Palumbo Christopher $437,000 Ticor Title
Delia Mary R $176,000 First Southwestern Title Co
Sperry Deborah $125,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Christopher $415,150
Previous Owner Delia Mary R $227,750
Previous Owner Delia Mary R $241,000
Previous Owner Delia Mary R $94,580
Previous Owner Delia Mary R $224,000
Previous Owner Delia Mary R $26,000
Previous Owner Delia Mary R $176,000
Previous Owner Sperry Deborah $106,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $437,000 +2.8% $514 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $425,000 -- $500 / 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 $4,698 $463,747 $388,535 $75,212
2024 $4,698 $454,654 $380,916 $73,738
2023 $4,591 $445,740 $373,447 $72,293
2022 $4,585 $437,000 $366,124 $70,876
2021 $1,947 $235,485 $143,230 $92,255
2020 $2,376 $233,071 $141,761 $91,310
2019 $2,614 $228,501 $138,981 $89,520
2018 $2,573 $224,021 $136,256 $87,765
2017 $2,597 $219,629 $133,584 $86,045
2016 $2,870 $215,323 $130,965 $84,358
2015 $2,968 $212,089 $128,998 $83,091
2014 $2,915 $207,935 $126,471 $81,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21193793

California Regional Multiple Listing Service (CRMLS)

APN: 931-952-03