NOT LISTED FOR SALE

26825 Park Terrace Ln Unit 127 Mission Viejo, CA 92692

Estimated Value: $673,000 - $797,000

2 Beds
2.5 Baths
1,030 Sq Ft
1,028 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $499,000 $484 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,313/month

Highlights

  • Neighborhood Views
  • Community Pool
  • Laundry Room
  • Carl Hankey Middle School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of September 2023

2 bed, 2.5 baths charming condo with a small outdoor area for dining and entertainment. The Lovely townhome is located in the heart of Mission Viejo. Rare location with no one directly behind. The backyard, living room, and one of the master suites face an open space, and you have more privacy than comparable units in this tract. This cozy condo features two master suites, each with a private bath and 1 with a walk-in closet. There's also a half bath downstairs. 2020 Newley Remodeled kitchen w/new cabinets, granite counters, newer contemporary-style wood floors, newer central A/C, and newer heater. The fireplace in the living room. A skylight above in the center of the home allows natural light to flood the upstairs hallway as well as the kitchen and eating area downstairs. The eco-flush toilet, direct access 2-car garage w/ suspended shelving for storage. Also, The guest parking and the pool & spa are only steps away. Emerald Pointe is a well-maintained community with a pool & spa and parks and schools nearby. The tenant can have access to the Lake Mission Viejo Association, which includes the use of the facilities at the lake - boating, swimming, fishing, concerts, fireworks, BBQs, etc.

Last Agent to Rent the Property

Hao Zhang

Pinnacle Real Estate Group License #01892337 Listed on: 09/03/2023

Pinnacle Real Estate Group

Last Renter's Agent

Neda Ardani

HomeSmart, Evergreen Realty License #02030390

HomeSmart, Evergreen Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1986

Lot Details

  • 1,028

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,030 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Security Deposit $3,300
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/1/23
  • Tax Lot 2
  • Tax Tract Number 12429
  • Assessor Parcel Number 93196467

Community Details

Overview

  • Property has a Home Owners Association
  • 270 Units

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,372

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-10-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 3300
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93196467
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1030.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.11
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1030.00
  • Lot Size Acres: 0.0236

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1030.0000 Square Feet
  • Number Of Units In Community: 270
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 320.39
  • Tax Lot: 2
  • Tax Tract Number: 12429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 1, 2020
Sold by
Chou Andrea Chengyi
Bought by
Chen Jingwen and Wu Yuechen
Seller's Agent
Jacquelene Kan
Universal Elite Realty
Buyer's Agent
Anna Zhu
Coldwell Banker Realty
List Price
$499,800
Sold Price
$499,000
Premium/Discount to List
-$800
-0.16%
Current Estimated Value
$734,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,781
Avg. Annual Appreciation
7.57%
Original Mortgage
$399,000
Outstanding Balance
$353,807
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$380,974

Purchase Details

Listed on
Jan 22, 2017
Closed on
Feb 8, 2017
Sold by
Roche Helen
Bought by
Chou Andrea Chengyi
Seller's Agent
Jeff Hale
Coldwell Banker Realty
Buyer's Agent
Jeff Hale
Coldwell Banker Realty
List Price
$439,900
Sold Price
$433,000
Premium/Discount to List
-$6,900
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$240,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2008
Sold by
Whitaker Leslie and Whitaker Christopher
Bought by
Roche Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,649
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2003
Sold by
Stafford Sean and Stafford Amy
Bought by
Whitaker Christopher and Whitaker Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Ablon Richard and Ablon Sharon
Bought by
Stafford Sean and Stafford Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,956
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1999
Sold by
Keffer Kyle E and Keffer Heidi J
Bought by
Ablon Richard and Ablon Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,050
Interest Rate
7.82%
Mortgage Type
VA
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
Chen Jingwen $499,000 Fidelity National Title Co
Chou Andrea Chengyi $433,000 Fidelity National Title Oran
Roche Helen $334,000 Western Resources Title
Whitaker Christopher $325,000 Ticor Title
Stafford Sean $225,000 Southland Title Corporation
Ablon Richard $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jingwen $399,000
Previous Owner Chou Andrea Chengyi $240,000
Previous Owner Roche Helen $329,649
Previous Owner Whitaker Christopher $260,000
Previous Owner Stafford Sean $216,956
Previous Owner Ablon Richard $181,050
Closed Whitaker Christopher $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Rented $3,200 0.0% --
09/27/2023 09/27/23 Off Market $3,200 -- --
09/18/2023 09/18/23 Price Changed $3,200 -3.0% $3 / Sq Ft
09/03/2023 09/03/23 For Rent $3,300 +10.0% --
06/18/2022 06/18/22 Rented $3,000 0.0% --
06/13/2022 06/13/22 Under Contract -- -- --
06/13/2022 06/13/22 For Rent $3,000 0.0% --
06/09/2022 06/09/22 Off Market $3,000 -- --
06/02/2022 06/02/22 Price Changed $3,000 +3.4% $3 / Sq Ft
05/30/2022 05/30/22 For Rent $2,900 +9.4% --
05/24/2021 05/24/21 Rented $2,650 0.0% --
05/12/2021 05/12/21 Under Contract -- -- --
05/01/2021 05/01/21 For Rent $2,650 0.0% --
07/13/2020 07/13/20 Sold $499,000 -0.2% $484 / Sq Ft View Prior Sale
05/26/2020 05/26/20 For Sale $499,800 +15.4% $485 / Sq Ft
03/14/2017 03/14/17 Sold $433,000 -1.6% $420 / Sq Ft View Prior Sale
02/05/2017 02/05/17 For Sale $439,900 +1.6% $427 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
02/03/2017 02/03/17 Off Market $433,000 -- --
01/22/2017 01/22/17 For Sale $439,900 -- $427 / 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 $5,372 $540,132 $439,307 $100,825
2024 $5,372 $529,542 $430,693 $98,849
2023 $5,259 $519,159 $422,248 $96,911
2022 $5,159 $508,980 $413,969 $95,011
2021 $5,059 $499,000 $405,851 $93,149
2020 $4,590 $459,502 $370,513 $88,989
2019 $4,499 $450,493 $363,248 $87,245
2018 $4,411 $441,660 $356,125 $85,535
2017 $3,763 $370,596 $259,871 $110,725
2016 $3,691 $363,330 $254,776 $108,554
2015 $3,653 $357,873 $250,949 $106,924
2014 $3,583 $350,863 $246,033 $104,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23164941

California Regional Multiple Listing Service (CRMLS)

APN: 931-964-67