NOT LISTED FOR SALE

27875 Chipiona Unit 44 Mission Viejo, CA 92692

Estimated Value: $816,432 - $1,006,000

2 Beds
2 Baths
1,350 Sq Ft
$450/mo HOA Fee

Last Sold May 07, 2015

Last sale price $525,000 $389 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,415/month

2 Days on Market

Highlights

  • Lake Front
  • Pier or Dock
  • Fishing
  • Philip J. Reilly Elementary Rated A
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of May 2015

Waterfront and Beachfront! One of the most beautiful and premium locations on the lake! Walk out your back gate to a sandy beach with-in 5 steps of this gorgeous 2 bedroom executive condo with 1,333 square feet, all on one level! Big Blue-Blue-Blue water views from most rooms. This spacious floor plan includes a large living room with fireplace, formal dining room, kitchen, breakfast nook all perfect for entertaining while enjoying the panorama of Lake Mission Viejo! Includes a very nice master suite complete with modernized bathroom, walk-in closet and sliding door which opens to the lakeside patio. There is a second bedroom and bathroom which is nicely updated! This is an end unit with additional windows that bring in good natural light. Quality improvements including wood and paver tile floors, plantation shutters, designer carpet, updated central air conditioning, recessed lighting and more! Gated lakefront community with great common amenities including community pool/patio area, 3 community beaches, community boardwalk, various boat rentals, paddle boarding, kayaking & more! Ask me about leased boat slips!

Last Agent to Sell the Property

Scott Arnott

Coldwell Banker Realty License #01217842 Listed on: 03/10/2015

Coldwell Banker Realty

Last Buyer's Agent

Val Montefu

Landmark Realtors License #00800420

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 1978

Lot Details

  • Lake Front
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available

Property Views

  • Lake
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 44
  • Tax Tract Number 8773
  • Assessor Parcel Number 93543044

Community Details

Overview

  • 214 Units
  • Finisterra On The Lake Association
  • Lake Mission Viejo Association
  • Built by Mission Viejo Company

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Pier or Dock
  • Community Playground
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,111

Year Built

Built in 1978

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Assessments: No
  • 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: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93543044
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1350.00
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 388.89
  • Room Type: Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Lake, Panoramic
  • Builder Name: Mission Viejo Company
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Barbecue, Banquet Facilities, Clubhouse, Earthquake Insurance, Meeting Room, Pet Rules, Picnic Area, Pier, Playground, Pool, Recreation Room, Sewer, Trash, Water
  • Association Fee: 431.00
  • Association #2 Fee: 19.00
  • Association Fee Frequency: Monthly
  • Association Name: Finisterra on the Lake
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Size Sq Ft: 1333.00
  • Lot Size Acres: 0.0310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1333.0000 Square Feet
  • Number Of Units In Community: 214
  • Number Of Units Total: 214
  • Waterfront Features: Fishing in Community, Lake Front

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 8773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Apr 2, 2015
Sold by
Waldron Kevin R
Bought by
Hoffman Todd
Seller's Agent
Scott Arnott
Coldwell Banker Realty
Buyer's Agent
Val Montefu
Landmark Realtors
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$899,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,108
Avg. Annual Appreciation
5.27%
Original Mortgage
$404,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 13, 2015
Sold by
Hoffman Todd
Bought by
Gurev David and Gurev Susan
Seller's Agent
Scott Arnott
Coldwell Banker Realty
Buyer's Agent
Val Montefu
Landmark Realtors
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Hoffman Todd
Bought by
Hoffman Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Madison William Alan and Madison Ana Cecilia
Bought by
Hoffman Todd

Purchase Details

Closed on
Oct 2, 2003
Sold by
Khoshniyati Reza
Bought by
Madison William Alan and Madison Ana Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Hoffman Todd -- Ticor Title
Gurev David $520,000 Ticor Title
Hoffman Todd -- Lawyers Title
Hoffman Todd $471,000 Lawyers Title Co
Madison William Alan $388,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurev David $404,000
Previous Owner Hoffman Todd $367,000
Previous Owner Madison William Alan $318,400
Closed Madison William Alan $59,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2015 05/07/15 Sold $525,000 -4.5% $389 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $549,900 -- $407 / 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 $3,111 $312,156 $99,952 $212,204
2024 $3,111 $306,036 $97,992 $208,044
2023 $3,046 $300,036 $96,071 $203,965
2022 $2,988 $294,153 $94,187 $199,966
2021 $2,930 $288,386 $92,340 $196,046
2020 $2,901 $285,429 $91,393 $194,036
2019 $2,844 $279,833 $89,601 $190,232
2018 $2,790 $274,347 $87,845 $186,502
2017 $2,735 $268,968 $86,122 $182,846
2016 $2,683 $263,695 $84,434 $179,261
2015 $5,020 $500,000 $384,533 $115,467
2014 $4,457 $444,150 $328,683 $115,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15050935

California Regional Multiple Listing Service (CRMLS)

APN: 935-430-44