
25 Picazo Unit 103 Rancho Santa Margarita, CA 92688
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 2025This 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
Lion Heart Realty Brokerage Phone: 949-910-8253 License #01457879 Listed on: 05/01/2025
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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Rancho Santa Margarita, CA
Home Values in the Area
Average Home Value in this Area
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 | -- |
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 |
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 | -- | -- |
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 |
---|---|---|---|---|
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Justin Schaller
Lion Heart Realty
(800) 994-3704
1 in this area
40 Total Sales
-
Seller's Agent in 2025
Lanny Moeljanto
HomeSmart, Evergreen Realty
(949) 436-0248
1 in this area
7 Total Sales
-
B
Seller Co-Listing Agent in 2025
Becky Hinkle
Lion Heart Realty
(562) 997-9502
1 in this area
5 Total Sales
-
Buyer's Agent in 2022
Rochelle Chacon
Coldwell Banker Realty
(949) 533-1262
14 in this area
84 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25097274

APN: 931-954-95
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