NOT LISTED FOR SALE

27796 Inverness Unit 29 Mission Viejo, CA 92692

Estimated Value: $750,000 - $884,000

2 Beds
2 Baths
1,257 Sq Ft
$663/mo HOA Fee

Last Sold August 23, 2023

Last sale price $735,000 $585 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,167/month

4 Days on Market

Highlights

  • Spa
  • No Units Above
  • Gated Community
  • Castille Elementary School Rated A
  • Panoramic View
  • Clubhouse

About This Home

As of August 2023

Welcome to your Mission Viejo haven! Nestled right next to Lake Mission Viejo, this lovely 2 bedroom, 2 bath, 2 car garage condo offers the perfect blend of serenity and modern convenience. The property is situated in a coveted location with no neighbors above, providing it with the feel of a single level home. From the moment you open the door you will notice the abundant light that illuminates throughout the home. Inside, the living space is large and inviting with a cozy fireplace for those cold nights. This home has been lovingly updated with wood laminate flooring, dual-pane windows, updated baths, Heater/AC, and chic shutters throughout, offering not only aesthetic appeal but also energy efficiency. The kitchen becomes a delightful canvas for your culinary dreams, boasting South/West views of the city and sunsets. The thoughtfully designed laundry area and linen space ensure organization is effortless. Discover the master bedroom, a sanctuary that indulges you with its dual sinks, a walk-in shower, and crown molding. Step onto the inviting wrap-around balcony with breathtaking views of the vibrant community and its stunning sunsets. In addition, a charming pergola on the balcony provides the perfect retreat for sipping your morning coffee or hosting intimate gatherings. This is a must-see home! Located steps from Lake Mission Viejo, shopping, dining, hiking and walking trails. Schedule a visit today!

Last Agent to Sell the Property

Peggy Liimatainen

HomeSmart, Evergreen Realty License #01977994 Listed on: 08/10/2023

HomeSmart, Evergreen Realty

Co-Listed By

Cindy Vu

HomeSmart, Evergreen Realty License #02161087

Last Buyer's Agent

Armin Ghaiby

HomeSmart, Evergreen Realty License #01927203

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Panoramic
  • Woods
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Schools

  • Wagon Wheel Elementary School
  • Vista Del Mar Middle School
  • Tesoro High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8771
  • Assessor Parcel Number 93727074
  • $16 per year additional tax assessments

Community Details

Overview

  • 101 Units
  • Cypress Point Association, Phone Number (714) 779-1300
  • Lake Mission Viejo Association, Phone Number (949) 770-1313
  • Cardinal Property Management HOA
  • Madrid Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,926

Year Built

Built in 1985

Lot Details

0

HOA Fees

$663 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Madrid (North) (MA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93727074
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1257.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 584.73
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Bathroom Features: Bathtub, Double Sinks In Master Bath

Exterior Features

  • View: Neighborhood, Panoramic, Trees/Woods
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Security
  • Association Fee: 640.00
  • Association #2 Fee: 23.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Point
  • Phone: 7147791300
  • Association Phone #2: 9497701313
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Cardinal Property Management

Schools

  • School District: Capistrano Unified
  • Elementary School: Wagon Wheel
  • Middle School: Vista Del Mar
  • High School: Tesoro
  • Elementary School: Wagon Wheel
  • High School: Tesoro
  • Middle Or Junior School: Vista Del Mar
  • Elementary School #2: WAGWHE
  • High School2: TESERO

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 101
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.37
  • Tax Lot: 2
  • Tax Tract Number: 8771
  • TaxOtherAnnualAssessmentAmount: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 14, 2023
Sold by
Scallon Pamela J
Bought by
Stone Thomas Patton and Stone Farzaneh
Seller's Agent
Peggy Liimatainen
HomeSmart, Evergreen Realty
Buyer's Agent
Armin Ghaiby
HomeSmart, Evergreen Realty
List Price
$729,900
Sold Price
$735,000
Premium/Discount to List
$5,100
0.7%
Views
17
Current Estimated Value
$799,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,620
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Scallon Pamela J
Bought by
Scallon Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,625
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Scallon Pamela J
Bought by
Scallon Pamela J and The Richard & Jane Collins Trust

Purchase Details

Closed on
Sep 4, 2015
Sold by
Collins Jane
Bought by
The Richard C Collins & Jane Collins Tru

Purchase Details

Closed on
Sep 6, 2012
Sold by
Collins Jane
Bought by
Collins Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2001
Sold by
Collins Jane
Bought by
Collins Jane and Richard C & Jane Collins Trust

Purchase Details

Closed on
Aug 11, 1999
Sold by
White Margaret E
Bought by
Collins Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%

Purchase Details

Closed on
Oct 8, 1993
Sold by
White Margaret E
Bought by
White Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.81%

Purchase Details

Closed on
Jul 28, 1993
Sold by
White Margaret E
Bought by
White Margaret E and Margaret E White Trust
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
Stone Thomas Patton $735,000 Ticor Title
Scallon Pamela J $411,500 Title 365
Scallon Pamela J -- None Available
The Richard C Collins & Jane Collins Tru -- None Available
Collins Jane -- Servicelink Irvine
Collins Jane -- --
Collins Jane $190,000 Fidelity National Title Ins
White Margaret E -- --
White Margaret E -- South Coast Title Company
White Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scallon Pamela J $289,000
Previous Owner Scallon Pamela J $308,625
Previous Owner Collins Jane $79,000
Previous Owner Collins Jane $16,098
Previous Owner Collins Jane $35,000
Previous Owner Collins Jane $88,400
Previous Owner Collins Jane $90,000
Previous Owner White Margaret E $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $735,000 +0.7% $585 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $729,900 -- $581 / 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 $2,926 $300,592 $98,479 $202,113
2024 $2,926 $294,699 $96,549 $198,150
2023 $2,300 $233,166 $100,687 $132,479
2022 $2,255 $228,595 $98,713 $129,882
2021 $2,210 $224,113 $96,777 $127,336
2020 $2,187 $221,815 $95,784 $126,031
2019 $2,157 $217,466 $93,906 $123,560
2018 $2,171 $213,202 $92,064 $121,138
2017 $2,129 $209,022 $90,259 $118,763
2016 $2,018 $204,924 $88,489 $116,435
2015 $2,003 $201,846 $87,159 $114,687
2014 $1,963 $197,893 $85,452 $112,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23148225

California Regional Multiple Listing Service (CRMLS)

APN: 937-270-74