NOT LISTED FOR SALE

27 Milkwood Unit 104 Rancho Santa Margarita, CA 92688

Estimated Value: $606,526 - $659,000

2 Beds
2 Baths
939 Sq Ft
$430/mo HOA Fee

Last Sold July 23, 2024

Last sale price $625,000 $666 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,115/month

6 Days on Market

Highlights

  • No Units Above
  • Two Primary Bedrooms
  • Clubhouse
  • Trabuco Mesa Elementary School Rated A
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of July 2024

Welcome to this charming 2nd floor, end unit condo in the heart of Rancho Santa Margarita! This home features travertine tile flooring throughout, with carpet in the bedrooms. The kitchen has been beautifully remodeled with quartz countertops, soft close cabinetry, a marble backsplash, and stainless steel appliances. There’s a cozy dining area just off the kitchen and living room. Both master suites have their own baths with tub/shower combos. The home includes a one-car detached garage, in-unit laundry which is included in the sale, and a tankless water heater.

This prime location offers lake and beach club access within walking distance, along with 13 community facilities, including pools and tennis courts. Rancho Santa Margarita hosts monthly community events like wine tastings, movies in the park, concerts, fishing contests, and one of the best 4th of July celebrations around! Enjoy the convenience of nearby hiking and biking trails, as well as top-rated schools, shopping, dining, and entertainment.

Recent updates include new carpets in the bedrooms, a new garbage disposal, and dryer exhaust ducts (2015), plumbing for the master shower, a new garage door, AC unit and ducting, and a new dishwasher (2019), a whole-house water scale inhibitor (2021), and a new electric hot water heater and microwave (2023). Don’t miss out on the opportunity to join this vibrant community!

Last Agent to Sell the Property

Francesco Ortiz

Ehomes Brokerage Phone: 949-910-7421 License #02206744 Listed on: 06/25/2024

Last Buyer's Agent

Marina Macartney

First Team Real Estate License #02100310

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1987

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Parking Permit Required

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 939 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Open Patio
  • Front Porch

Schools

  • Trabuco Mesa Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375071
  • $78 per year additional tax assessments

Community Details

Overview

  • 207 Units
  • Mission Courts II Association, Phone Number (949) 709-0010
  • Samlarc Association, Phone Number (949) 261-8282
  • Total Property Management HOA
  • Mission Courts Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,881

Year Built

Built in 1987

Lot Details

0

HOA Fees

$430 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer & Dryer/Microwave/Refrigerator/Kitchen Range
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R2) (MC)
  • View: No
  • Zoning: CONDO
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375071
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 939.00 Square Feet
  • Interior Amenities: High Ceilings, Quartz Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In, Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 665.60
  • Room Type: Living Room, Primary Bedroom, Two Primaries, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Permit Required
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: RSM Wide
  • Amenities: Pool, Playground, Clubhouse, Recreation Room, Trash
  • Association Fee: 349.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission Courts II
  • Phone: 949-709-0010
  • Association Phone #2: 9492618282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: Total Property Management
  • Association Management 2: SAMLARC

Schools

  • Elementary School: Trabuco Mesa
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: TRAMES
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200
  • Latitude Manual: 33.65075300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 207
  • Number Of Units Total: 207

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 6
  • Tax Tract Number: 12717
  • TaxOtherAnnualAssessmentAmount: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 15, 2024
Sold by
Burke Christopher
Bought by
Esambolchi Shelby
Seller's Agent
Francesco Ortiz
Ehomes
Buyer's Agent
Marina Macartney
First Team Real Estate
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Views
413
Current Estimated Value
$639,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,132
Avg. Annual Appreciation
1.79%
Original Mortgage
$450,000
Outstanding Balance
$444,625
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$194,507

Purchase Details

Listed on
Oct 14, 2014
Closed on
Nov 10, 2014
Sold by
Racen Robert
Bought by
Burke Christopher
Seller's Agent
Ken Hanzlik
Compass
Buyer's Agent
shari moretti
O'Donnell Real Estate
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$256,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2013
Sold by
Steen Rachel and Racen Rachel
Bought by
Racen Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,082
Interest Rate
4.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2008
Sold by
Jacinto Margarita
Bought by
Racen Robert and Racen Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2006
Sold by
Miller Cindy L
Bought by
Jacinto Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1996
Sold by
Rick Ludwig and Rick Lisa M
Bought by
Miller Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,756
Interest Rate
7.46%
Source: Public Records

Range of Values:

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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
Esambolchi Shelby $625,000 Lawyers Title
Burke Christopher $320,000 Ticor Title Company
Racen Robert -- Wfg Title Company Of Ca
Racen Robert $265,000 First American Title Company
Jacinto Margarita $404,000 Saddleback Title Company
Miller Cindy L $80,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esambolchi Shelby $450,000
Previous Owner Burke Christopher $256,000
Previous Owner Racen Robert $243,082
Previous Owner Racen Robert $260,905
Previous Owner Jacinto Margarita $323,200
Previous Owner Miller Cindy L $84,756
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2024 07/23/24 Sold $625,000 +4.2% $666 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $599,900 0.0% $639 / Sq Ft
06/21/2024 06/21/24 Price Changed $599,900 +87.5% $639 / Sq Ft
12/13/2014 12/13/14 Sold $320,000 -3.0% $319 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $329,900 -- $329 / 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 $3,881 $625,000 $524,691 $100,309
2024 $3,881 $377,049 $286,428 $90,621
2023 $3,791 $369,656 $280,811 $88,845
2022 $3,726 $362,408 $275,305 $87,103
2021 $3,208 $355,302 $269,906 $85,396
2020 $3,627 $351,659 $267,138 $84,521
2019 $4,094 $344,764 $261,900 $82,864
2018 $4,035 $338,004 $256,764 $81,240
2017 $4,097 $331,377 $251,729 $79,648
2016 $4,359 $324,880 $246,793 $78,087
2015 $4,470 $320,000 $243,085 $76,915
2014 $3,427 $246,750 $159,781 $86,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24125510

California Regional Multiple Listing Service (CRMLS)

APN: 933-750-71