$499,000
SOLD JUN 9, 2025

25 Picazo Unit 103 Rancho Santa Margarita, CA 92688

2 Beds
1 Bath
670 Sq Ft
$486/mo HOA Fee

Recently Sold

$745 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • In Ground Pool
  • Fishing
  • Community Lake
  • Trabuco Mesa Elementary School Rated A
  • 1.08 Acre Lot
  • 4-minute walk to Cielo Vista Park

About This Home

As of June 2025

This is the one you’ve been waiting for - the lowest priced 2 bedroom, 1 bath condo in Rancho Santa Margarita!Fully remodeled and move-in ready, this charming Spanish-style condo offers modern living in a serene, resort style setting with lake access. With thoughtful upgrades throughout, you’ll love calling this ground floor unit your new home.Step inside to discover all new luxury, modern, plank flooring, fresh paint, and a completely updated kitchen featuring upgraded countertops, cabinets, sink and garbage disposal, plus upgraded dishwasher, stove, microwave and refrigerator. All appliances are included in the sale price. The bathroom has also been beautifully recently remodeled with shower/tub, new vanity and new toilet. Full sized, side by side washer and dryer in laundry closet. This light filled home offers ample closet space and extra storage in the enclosed patio. Enjoy easy access with a prime ground-floor location, just steps from your carport and additional permitted parking - with guest parking and street parking available as well.As an end unit tucked alongside a tree lined green belt, you’ll enjoy added privacy and a peaceful outdoor atmosphere. Relax on your private gated patio or take advantage of the community pool and spa just steps away. Unbeatable location: just minutes from the RSM lake which offers a beach experience with its sand bottom swimming lagoon and catch and release fishing. Access to RSM (SAMLARC) amenities: community hosted events, Olympic size swimming pools, sand volleyball, tennis and basketball courts. Paseo shopping center, restaurants, parks, and four grocery stores - are all within a short distance! Don’t miss this rare opportunity - schedule your showing today!

Last Agent to Sell the Property

Justin Schaller

Lion Heart Realty Brokerage Phone: 949-910-8253 License #01457879 Listed on: 05/01/2025

Co-Listed By

Becky Hinkle

Lion Heart Realty Brokerage Phone: 949-910-8253 License #01908059

Last Buyer's Agent

Lanny Moeljanto

HomeSmart, Evergreen Realty License #01971976

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • <<microwave>>
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Air
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12716
  • Assessor Parcel Number 93195495
  • $55 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 185 Units
  • Samlarc Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Maintained Community
  • Community Lake

Recreation

  • Community Pool
  • Fishing
  • Park

Pet Policy

  • Pet Restriction

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,650

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$486 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: (949) 910-8253
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93195495
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 670.00 Square Feet
  • Stories: 1
  • Entry Location: ground
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 744.78
  • Room Type: All Bedrooms Down, Laundry
  • Bathroom Features: Bathtub, Remodeled, Soaking Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Park/Greenbelt
  • Patio And Porch Features: Concrete, Covered, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Water Heater
  • Laundry Features: Dryer Included, In Closet, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds, Trash, Pet Rules, Call for Rules
  • Association Fee: 399.00
  • Association #2 Fee: 87.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Samlarc
  • Phone: 949 716 3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Fishing, Gutters, Lake, Park
  • Association Management: Powerstone

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 47220.00
  • Lot Size Acres: 1.0840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 47220.0000 Square Feet
  • Number Of Units In Community: 185
  • Number Of Units Total: 125

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 5
  • Tax Tract Number: 12716
  • TaxOtherAnnualAssessmentAmount: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 19, 2025
Sold by
Inbar Tzafrir and Inbar Sharon
Bought by
Paramita Lilyana and Sukardi Sarah
Seller's Agent
Justin Schaller
Lion Heart Realty
Buyer's Agent
Lanny Moeljanto
HomeSmart, Evergreen Realty
List Price
$495,000
Sold Price
$499,000
Premium/Discount to List
$4,000
0.81%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-44.24%
Original Mortgage
$249,000
Outstanding Balance
$248,788
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$227,430

Purchase Details

Listed on
May 1, 2025
Closed on
May 14, 2025
Sold by
Hardi Sukardi
Bought by
Paramita Lilyana
Seller's Agent
Justin Schaller
Lion Heart Realty
Buyer's Agent
Lanny Moeljanto
HomeSmart, Evergreen Realty
List Price
$495,000
Sold Price
$499,000
Premium/Discount to List
$4,000
0.81%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$248,788
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$227,430

Purchase Details

Closed on
Jul 3, 2008
Sold by
Federal National Mortgage Association
Bought by
Inbar Tzafrir and Inbar Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 2008
Sold by
Guerrero Nuha
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 20, 2005
Sold by
Guerrero Jose G
Bought by
Guerrero Nuha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Foley Matthew T and Foley Kimberly Ann
Bought by
Guerrero Nuha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Wilkerson Clark
Bought by
Wilkerson Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,627
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2001
Sold by
Wilkerson Kathleen M and Oltmanns Kathleen M
Bought by
Foley Matthew T and Foley Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,627
Interest Rate
7.01%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $499,000 Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Grant Deed $200,000 Commonwealth Land Title Co
Deed In Lieu Of Foreclosure -- None Available
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $314,000 Southland Title
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,000 New Conventional
Previous Owner $234,500 New Conventional
Previous Owner $111,000 New Conventional
Previous Owner $120,000 Unknown
Previous Owner $251,200 New Conventional
Previous Owner $62,800 Credit Line Revolving
Previous Owner $247,500 Unknown
Previous Owner $234,500 Unknown
Previous Owner $195,000 Unknown
Previous Owner $144,000 Unknown
Previous Owner $145,627 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Rent $2,595 0.0% --
06/09/2025 06/09/25 Sold $499,000 +0.8% $745 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $495,000 0.0% $739 / Sq Ft
06/01/2022 06/01/22 Rented $2,450 0.0% --
05/20/2022 05/20/22 Under Contract -- -- --
05/06/2022 05/06/22 For Rent $2,450 -- --
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
2024 $2,650 $252,492 $183,894 $68,598
2023 $2,590 $247,542 $180,289 $67,253
2022 $2,547 $242,689 $176,754 $65,935
2021 $2,133 $237,931 $173,288 $64,643
2020 $2,480 $235,492 $171,511 $63,981
2019 $2,778 $230,875 $168,148 $62,727
2018 $2,738 $226,349 $164,851 $61,498
2017 $2,776 $221,911 $161,618 $60,293
2016 $2,996 $217,560 $158,449 $59,111
2015 $3,086 $214,293 $156,069 $58,224
2014 $2,735 $188,000 $133,658 $54,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25097274

California Regional Multiple Listing Service (CRMLS)

APN: 931-954-95