NOT LISTED FOR SALE

23551 Avenida la Caza Unit 132 Trabuco Canyon, CA 92679

Estimated Value: $959,000 - $1,121,000

3 Beds
3 Baths
2,047 Sq Ft
$500/mo HOA Fee

Last Sold March 30, 2021

Last sale price $710,000 $347 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,720/month

1 Day on Market

Highlights

  • 24-Hour Security
  • Spa
  • Cathedral Ceiling
  • Tijeras Creek Elementary School Rated A
  • Dual Staircase
  • Main Floor Primary Bedroom

About This Home

As of March 2021

This is one of the most unique owner user or investor opportunities in Orange County. Located in the desirable and prestigious gated community of Coto De Caza is this rare opportunity to purchase a unique property that is a beautiful single family home but with a design that allows configuration into 1,2 or 3 separate hotel type rental units. These unique Village town homes do not come available that often because they offer so many possibilities. The main floor has a large family room with a fireplace that is open to the kitchen and a large wrap around back patio that is shared with the main floor master bedroom. Ideal location with a view of the pool and green belt. There are two stairways to upstairs, one from the family room and the other from the main entrance. Two master bedrooms upstairs each with their own en suite and balcony. The back bedroom also offers pool and greenbelt views. Currently the home is separated and configured for rentals. Each unit has its own en suite. The rental income is $4,650 per month. The main floor unit with family room has a master bedroom and a loft that can be used as a bedroom or office. Both upstairs units have a walk in closet. The upstairs back unit has a loft used as the bedroom. Ample natural light flows throughout the home. Two car attached garage and two reserved parking spots. No Mello Roos. Coto de Caza offers hiking and walking trails, parks, and membership opportunities for golf and tennis.

Last Agent to Sell the Property

Shevy Akason

Keller Williams Realty N. Tustin License #01836707 Listed on: 03/10/2021

Keller Williams Realty N. Tustin

Co-Listed By

Adam Lillestrand

Keller Williams Realty N. Tustin License #01788656

Keller Williams Realty N. Tustin

Last Buyer's Agent

Adam Lillestrand

Keller Williams Realty N. Tustin License #01788656

Keller Williams Realty N. Tustin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,177

Year Built

  • Built in 1977

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Assigned Parking

Property Views

  • Park or Greenbelt
  • Pool

Interior Spaces

  • 2,047 Sq Ft Home
  • Dual Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Wood Patio
  • Wrap Around Porch

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 10066
  • Assessor Parcel Number 93599043

Community Details

Overview

  • 24 Units
  • Villa Serena Association, Phone Number (949) 716-3782
  • Village Association
  • Villa Serena Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa
  • Horse Trails
  • Hiking Trails

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,177

Year Built

Built in 1977

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Villa Serena (VS)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93599043
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2047.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 346.85
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Pool
  • Patio And Porch Features: Concrete, Wood, Wrap Around
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Village
  • Amenities: Pool, Hiking Trails, Horse Trails, Maintenance Grounds
  • Association Fee: 360.00
  • Association #2 Fee: 140.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Villa Serena
  • Phone: 949.716.3782
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Horse Trails, Sidewalks
  • Association Management: Villa Serena

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 24
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 320.44
  • Tax Lot: 2
  • Tax Tract Number: 10066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Mar 24, 2021
Sold by
Burse William M and William M Burse Jr Trust
Bought by
Semitech Engineering Inc
Seller's Agent
Shevy Akason
Keller Williams Realty N. Tustin
Buyer's Agent
Adam Lillestrand
Keller Williams Realty N. Tustin
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Current Estimated Value
$1,055,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,176
Avg. Annual Appreciation
8.92%
Original Mortgage
$500,000
Outstanding Balance
$452,482
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$587,671

Purchase Details

Closed on
Nov 16, 2018
Sold by
Burse William M
Bought by
Burse William M and William M Burse Jr Trust

Purchase Details

Closed on
Feb 24, 2007
Sold by
Burse William M and Burse William M
Bought by
Burse William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1999
Sold by
Joseph Hybl
Bought by
Burse William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.89%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Gaja Trust
Bought by
Hybl Joseph

Purchase Details

Closed on
Nov 26, 1997
Sold by
Joseph Hybl
Bought by
Gaia Trust

Purchase Details

Closed on
Nov 11, 1993
Sold by
Coto Enterprises Inc
Bought by
Associated Assets

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,322
Interest Rate
7.79%
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
Semitech Engineering Inc $662,500 First American Title Company
Burse William M -- None Available
Burse William M -- Fidelity National Title
Burse William M $175,000 Chicago Title Co
Hybl Joseph -- --
Gaia Trust -- --
Associated Assets $68,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semitech Engineering Inc $500,000
Previous Owner Burse William M $339,000
Previous Owner Bruse William M $332,500
Previous Owner Burse William M $355,000
Previous Owner Burse William M $185,000
Previous Owner Burse William M $157,500
Previous Owner Associated Assets $154,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $710,000 +1.4% $347 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $699,900 -- $342 / 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 $7,177 $716,698 $533,923 $182,775
2024 $7,177 $702,646 $523,454 $179,192
2023 $7,028 $688,869 $513,190 $175,679
2022 $6,895 $675,362 $503,127 $172,235
2021 $2,589 $253,938 $62,255 $191,683
2020 $2,563 $251,335 $61,617 $189,718
2019 $2,513 $246,407 $60,408 $185,999
2018 $2,465 $241,576 $59,224 $182,352
2017 $2,417 $236,840 $58,063 $178,777
2016 $2,376 $232,197 $56,925 $175,272
2015 $2,357 $228,710 $56,070 $172,640
2014 $2,312 $224,230 $54,971 $169,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21030045

California Regional Multiple Listing Service (CRMLS)

APN: 935-990-44