Seller's Agent in 2018
Patricia Johnson
Alta Realty Group
(951) 897-8795
3 Total Sales
24 Floramar Unit 37 Rancho Santa Margarita, CA 92688
Estimated Value: $664,000 - $804,000
2
Beds
2
Baths
1,086
Sq Ft
$320/mo
HOA Fee
Highlights
- Lake View
- Open Floorplan
- Community Pool
- Trabuco Mesa Elementary School Rated A
- Main Floor Bedroom
- 3-minute walk to Rancho Santa Margarita Lake Park
About This Home
As of June 2018This two bedroom condominium has been maintained well and is beautifully upgraded. The kitchen was remodeled and the current seller put in new air conditioning, new vents, new windows and new sliding doors. You will love the view from the master bedroom and living room! You are right by the pool and the view is amazing. You can also see the lake from your balcony in the living room. You have direct lake access and it is a short walk to enjoy the are ducks and other wildlife. The flooring is a wood laminate in the living room, dining room and kitchen. The bedrooms have a neutral color carpet. The bathrooms are in great condition with a modern look. The closet in the guest bedroom is very large and there are 2 closets in the master, one that is in the bedroom which is a walk in and another in the bathroom that has mirrored sliding doors. Great lifestyle living with the 4 pools and a great lake to enjoy. This home is in turn key condition and the views have a resort feel. The condo is light and bright and has cathedral ceilings. The Master Association has 4 pools, tennis courts, baseball fields, parks, barbecues, and a beach club. The ceilings are also smooth plaster.
Last Agent to Sell the Property
Alta Realty Group License #01174873 Listed on: 05/17/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,374
Year Built
- Built in 1986
Lot Details
- 1 Common Wall
- Density is up to 1 Unit/Acre
HOA Fees
- $320 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Lake
- Pool
Home Design
- Entry on the 2nd floor
Interior Spaces
- 1,086 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- Living Room with Fireplace
- Living Room Balcony
- Laminate Flooring
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Multiple Shower Heads
- Exhaust Fan In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
Utilities
- Central Air
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 12459
- Assessor Parcel Number 93188487
Community Details
Overview
- 70 Units
- Floramor Maintenance Corp Association, Phone Number (949) 716-3998
Amenities
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 13, 2018
Sold by
Solinsky Jeffrey and Solinsky Natalie
Bought by
Madhat Farah and The Farah Madhat Living Trust
Seller's Agent
Patricia Johnson
Alta Realty Group
Buyer's Agent
Noah Sharifi
Pacific Coast Home Realty
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%
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
$260,851
Avg. Annual Appreciation
6.04%
Purchase Details
Closed on
Mar 5, 2015
Sold by
Kelpe Ronald M and Kelpe Susan M
Bought by
Solinsky Jeffrey and Solinsky Natalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 3, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Kelpe Ronald M and Kelpe Susan M
Purchase Details
Closed on
Apr 21, 2010
Sold by
Buhler Corina C
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Aug 31, 2005
Sold by
Buhler Corina
Bought by
Gordon Stacy R and Gordon Melodie A
Purchase Details
Closed on
Mar 2, 2005
Sold by
Buhler Marc A
Bought by
Buhler Corina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2001
Sold by
Shilo James D
Bought by
Buhler Marc A and Buhler Corina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,875
Interest Rate
7.9%
Purchase Details
Closed on
Jun 3, 1999
Sold by
Bender Marilyn I
Bought by
Shilo James D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
7.24%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Madhat Farah | $460,000 | First American Title | |
| Solinsky Jeffrey | $375,000 | Lawyers Title Company | |
| Kelpe Ronald M | $240,000 | Lsi Title Company | |
| Deutsche Bank National Trust Company | $340,600 | Accommodation | |
| Gordon Stacy R | -- | -- | |
| Buhler Corina | -- | -- | |
| Buhler Marc A | $198,500 | Orange Coast Title | |
| Shilo James D | $167,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Solinsky Jeffrey | $354,300 | |
| Previous Owner | Solinsky Jeffrey | $368,207 | |
| Previous Owner | Buhler Corina | $315,000 | |
| Previous Owner | Buhler Marc A | $285,000 | |
| Previous Owner | Buhler Marc A | $253,000 | |
| Previous Owner | Buhler Marc A | $40,000 | |
| Previous Owner | Buhler Marc A | $185,000 | |
| Previous Owner | Buhler Marc A | $148,875 | |
| Previous Owner | Shilo James D | $147,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2018 06/20/18 | Sold | $460,000 | -4.0% | $424 / Sq Ft |
| 06/10/2018 06/10/18 | Pending | -- | -- | -- |
| 06/02/2018 06/02/18 | Price Changed | $479,000 | -3.2% | $441 / Sq Ft |
| 05/17/2018 05/17/18 | For Sale | $495,000 | -- | $456 / 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 | $5,374 | $523,399 | $402,925 | $120,474 |
| 2024 | $5,374 | $513,137 | $395,025 | $118,112 |
| 2023 | $5,253 | $503,076 | $387,279 | $115,797 |
| 2022 | $5,165 | $493,212 | $379,685 | $113,527 |
| 2021 | $4,453 | $483,542 | $372,241 | $111,301 |
| 2020 | $5,030 | $478,584 | $368,424 | $110,160 |
| 2019 | $5,675 | $469,200 | $361,200 | $108,000 |
| 2018 | $4,707 | $396,098 | $287,859 | $108,239 |
| 2017 | $4,772 | $388,332 | $282,215 | $106,117 |
| 2016 | $5,141 | $380,718 | $276,681 | $104,037 |
| 2015 | $3,712 | $255,733 | $151,579 | $104,154 |
| 2014 | $3,649 | $250,724 | $148,610 | $102,114 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Johnson
-
Noah Sharifi
Buyer's Agent in 2018
Noah Sharifi
Pacific Coast Home Realty
(949) 388-6349
2 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG18117264
APN: 931-884-87
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