NOT LISTED FOR SALE

27984 Crimson Unit 250 Mission Viejo, CA 92691

Estimated Value: $643,000 - $676,000

2 Beds
1.5 Baths
942 Sq Ft
$388/mo HOA Fee

Last Sold August 16, 2022

Last sale price $560,000 $594 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,445/month

46 Days on Market

Highlights

  • Spa
  • Granite Countertops
  • Laundry Room
  • Del Lago Elementary School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Among the rarest of opportunities in today's market, 27984 Crimson is located in Mission Viejo's coveted Rainbow Ridge neighborhood near the beloved Lake Mission Viejo and is sure to impress. This is the one that checks all the important boxes: ground floor unit, spacious back yard, single level, and attached garage! This practical layout features 2 bedrooms, 1.5 bathrooms, and in-unit laundry! The second bedroom could also be used as an office or guest room, but does have a full-sized closet for all your storage needs. Easy remodel opportunity as there are hardwood floors beneath the carpet throughout the unit. You can look forward to summer evenings spent entertaining friends and family in your large outdoor area grass patio, exceedingly rare to have at this price point. This is the perfect home for a first time buyer or investor looking to increase their portfolio with a bread and butter rental property that is sure to perform well. Mission Viejo is quickly becoming one of Orange County's most desired places to live for the lifestyle and serenity it has to offer along with quick/easy lake access, world-class beaches a 15-20 minute drive away, nearly perfect weather year-round, and access to any shopping amenity you could ask for.

Last Agent to Sell the Property

Jeremy Schultheiss

Coldwell Banker Realty License #02089884 Listed on: 05/25/2022

Coldwell Banker Realty

Co-Listed By

Marc Vinzon

Kase Real Estate License #02159559

Last Buyer's Agent

Kalinda Smith

Westwind Realty License #01224940

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,888

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 942 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas and Electric Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12621
  • Assessor Parcel Number 93084857
  • $15 per year additional tax assessments

Community Details

Overview

  • 88 Units
  • Rainbow Ridge Association, Phone Number (949) 535-4533
  • Powerstone Mgmt HOA
  • Rainbow Ridge Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,888

Year Built

Built in 1986

Lot Details

0

HOA Fees

$388 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Rainbow Ridge (RR)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93084857
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 942.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 594.48
  • Room Type: Living Room
  • Spa Features: Association, Community
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 388.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Ridge
  • Phone: 949-535-4533
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Powerstone Mgmt

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3258.00
  • Lot Size Acres: 0.0748

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3258.0000 Square Feet
  • Number Of Units In Community: 88
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.47
  • Tax Lot: 6
  • Tax Tract Number: 12621
  • TaxOtherAnnualAssessmentAmount: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 12, 2022
Sold by
Sora Janette R
Bought by
Day Matthew Cruz and Day Nadia Monique
Seller's Agent
Jeremy Schultheiss
Coldwell Banker Realty
Buyer's Agent
Kalinda Smith
Westwind Realty
List Price
$574,999
Sold Price
$560,000
Premium/Discount to List
-$14,999
-2.61%
Current Estimated Value
$654,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,491
Avg. Annual Appreciation
4.19%
Original Mortgage
$260,000
Outstanding Balance
$249,269
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$384,626

Purchase Details

Listed on
Sep 15, 2015
Closed on
Aug 12, 2015
Sold by
Houng Weeson S
Bought by
Sora John D and Sora Janette R
Seller's Agent
Betty Chan-Houng
HomeSmart, Evergreen Realty
Buyer's Agent
The Bartlett Group
Bartlett Group, The
List Price
$364,900
Sold Price
$363,000
Premium/Discount to List
-$1,900
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Oct 4, 2005
Sold by
Houng Weeson S and Chan Houng Betty S
Bought by
Houng Weeson S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
Chan Houng Betty S
Bought by
Houng Weeson S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Houng Weeson S and Chan Houng Betty S
Bought by
Houng Weeson S and Chan Houng Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,712
Interest Rate
4.5%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mckay Steven M
Bought by
Houng Weeson S and Chan Houng Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,712
Interest Rate
4.5%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Mckay Steven M and Thomas Paul B
Bought by
Mckay Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,712
Interest Rate
4.5%
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
Day Matthew Cruz $560,000 Lawyers Title
Sora John D $363,000 Ticor Title Company Of Ca
Houng Weeson S -- United Title Company
Houng Weeson S -- United Title Company
Houng Weeson S -- --
Houng Weeson S $224,500 --
Mckay Steven M -- Diversified Title & Escrow S
Thomas Paul B -- Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Matthew Cruz $260,000
Previous Owner Sora Janette $21,442
Previous Owner Houng Weeson S $255,000
Previous Owner Houng Weeson S $201,712
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $560,000 -2.6% $594 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $574,999 +2.7% $610 / Sq Ft
07/07/2022 07/07/22 Off Market $560,000 -- --
06/20/2022 06/20/22 Price Changed $574,999 0.0% $610 / Sq Ft
06/09/2022 06/09/22 Price Changed $575,000 -4.0% $610 / Sq Ft
05/25/2022 05/25/22 For Sale $599,000 +65.0% $636 / Sq Ft
10/06/2015 10/06/15 Sold $363,000 -0.5% $363 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $364,900 -- $365 / 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 $5,888 $582,624 $442,170 $140,454
2024 $5,888 $571,200 $433,500 $137,700
2023 $5,750 $560,000 $425,000 $135,000
2022 $2,366 $236,123 $103,809 $132,314
2021 $2,318 $231,494 $101,774 $129,720
2020 $2,296 $229,121 $100,731 $128,390
2019 $2,249 $224,629 $98,756 $125,873
2018 $2,206 $220,225 $96,820 $123,405
2017 $2,161 $215,907 $94,921 $120,986
2016 $2,010 $211,674 $93,060 $118,614
2015 $2,821 $269,933 $168,213 $101,720
2014 $2,760 $264,646 $164,918 $99,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22111529

California Regional Multiple Listing Service (CRMLS)

APN: 930-848-57