NOT LISTED FOR SALE

27836 Finisterra Unit 98 Mission Viejo, CA 92692

Estimated Value: $845,000 - $964,000

2 Beds
2 Baths
1,479 Sq Ft
$495/mo HOA Fee

Last Sold October 16, 2020

Last sale price $485,000 $328 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,691/month

14 Days on Market

Highlights

  • Access To Lake
  • Fishing
  • Gated Community
  • Philip J. Reilly Elementary Rated A
  • Primary Bedroom Suite
  • Lake View

About This Home

As of October 2020

One street off the water from Lake Mission Viejo!! Situated in the gated lakefront community of Finisterra on the Lake, this home has a great location within walking distance to the lake and beach area! Calling all DIY enthusiasts, this is a fixer-upper waiting to be made into your home! Sold as-is and in current condition, bring your contractor this home will go quickly! Finisterra on the Lake is a gated community with a pool, private beach, lakeside boardwalk, dog park, fishing pier and much more! Private boat slips inside the community are available to the homeowners. Lake Mission Viejo offers one of the most unique experiences in Southern California, offering one of the finest neighborhoods in the country and a spectacular lakeside community with restaurants overlooking the water, local shopping centers and community parks. Enjoy a world class lifestyle here at Lake Mission Viejo with great fishing, kayaking, boating, paddle boarding, summertime concerts, and holiday festivities.

Last Agent to Sell the Property

Scott Arnott

Coldwell Banker Realty License #01217842 Listed on: 09/18/2020

Coldwell Banker Realty

Last Buyer's Agent

Steven Frankhouse

Franklin Properties License #01996219

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1978

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Lake
  • City Lights
  • Peek-A-Boo

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Slab Foundation
  • Spanish Tile Roof
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,479 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Access To Lake
  • Lake Privileges
  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Reilly Elementary School
  • Newhart Middle School
  • Capistrano Valley High School

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8773
  • Assessor Parcel Number 93543098

Community Details

Overview

  • 214 Units
  • Finisterra On The Lake Association, Phone Number (949) 716-3998
  • Lake Mission Viejo Association, Phone Number (949) 770-1313
  • Powerstone Property Mangement HOA
  • Finisterra On The Lake Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities

Recreation

  • Sport Court
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,295

Year Built

Built in 1978

Lot Details

0

HOA Fees

$495 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Scott Arnott
  • Other Phone Number: 949-375-1265
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Finisterra On The Lake (FI)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93543098
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1479.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 327.92
  • Room Type: Den, Entry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Lake, Peek-A-Boo
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile, Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pool, Barbecue, Picnic Area, Sport Court, Banquet Facilities
  • Association Fee: 474.00
  • Association #2 Fee: 21.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Finisterra on the Lake
  • Phone: 949-716-3998
  • Association Phone #2: 949-770-1313
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Lake, Sidewalks, Street Lights, Suburban
  • Association Management: Powerstone Property Mangement

Schools

  • School District: Capistrano Unified
  • Elementary School: Reilly
  • Middle School: Newhart
  • High School: Capistrano Valley
  • Elementary School: Reilly
  • High School: Capistrano Valley
  • Middle Or Junior School: Newhart
  • Elementary School #2: REILLY
  • High School2: CAPVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 214
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community, Lake, Lake Privileges

Tax Info

  • Tax Census Tract: 320.35
  • Tax Lot: 1
  • Tax Tract Number: 8773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Goldrock Llc
Bought by
Quraishi Adam F and De Laurentiis Mayra
Current Estimated Value
$853,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Outstanding Balance
$508,609
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$391,557

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 9, 2020
Sold by
Kennedy Christina and Elizabeth Stokes Trust
Bought by
Goldrock Llc
Seller's Agent
Scott Arnott
Coldwell Banker Realty
Buyer's Agent
Steven Frankhouse
Franklin Properties
List Price
$499,999
Sold Price
$485,000
Premium/Discount to List
-$14,999
-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
13.69%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Stokes Elizabeth
Bought by
Stokes Elizabeth and Elizabeth Stokes Trust

Purchase Details

Closed on
Mar 7, 2012
Sold by
Stokes Elizabeth
Bought by
Stokes Elizabeth and Stokes Thomas

Purchase Details

Closed on
Jul 14, 1994
Sold by
Kinnee Mel
Bought by
Stokes Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
8.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quraishi Adam F $585,000 Ticor Title Company
Goldrock Llc $485,000 Ticor Title Company
Stokes Elizabeth -- None Available
Stokes Elizabeth -- Servicelink
Stokes Elizabeth $149,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quraishi Adam F $555,750
Previous Owner Stokes Elizabeth $143,064
Previous Owner Stokes Elizabeth $135,800
Previous Owner Stokes Elizabeth $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $485,000 -3.0% $328 / Sq Ft
09/18/2020 09/18/20 For Sale $499,999 -- $338 / 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 $6,295 $633,222 $485,177 $148,045
2024 $6,295 $620,806 $475,663 $145,143
2023 $6,162 $608,634 $466,336 $142,298
2022 $6,045 $596,700 $457,192 $139,508
2021 $4,918 $485,000 $325,000 $160,000
2020 $2,286 $231,613 $73,303 $158,310
2019 $2,240 $227,072 $71,866 $155,206
2018 $2,196 $222,620 $70,457 $152,163
2017 $2,152 $218,255 $69,075 $149,180
2016 $2,109 $213,976 $67,721 $146,255
2015 $2,093 $210,762 $66,703 $144,059
2014 $2,052 $206,634 $65,396 $141,238
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20195794

California Regional Multiple Listing Service (CRMLS)

APN: 935-430-98