NOT LISTED FOR SALE

28 Floramar Unit 39 Rancho Santa Margarita, CA 92688

Estimated Value: $680,000 - $714,000

2 Beds
2 Baths
1,017 Sq Ft
$336/mo HOA Fee

Last Sold January 12, 2022

Last sale price $565,000 $556 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,543/month

86 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City Lights View
  • Trabuco Mesa Elementary School Rated A
  • Fishing
  • 3-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of January 2022

Beautiful 2 bedroom, 2 bathroom, upper level, single story condo with swimming pool, trees, and hills views in the community of Floramar in Rancho Santa Margarita! Enjoy high ceilings, lots of natural light, a spacious open floor plan with an inviting fireplace. Sliding doors from both the living room and the primary bedroom lead to the pool view balcony. The light, bright kitchen features granite countertops, white cabinetry, and a breakfast bar. The primary bedroom features a walk-in closet and a secondary closet, dual sinks in the primary bathroom, and a shower-in-tub. The secondary bedroom offers neighborhood views and a cozy bench seat. Additional property features include recessed lighting, a full-size laundry closet, and a 2 car garage. Community amenities include the swimming pool, spa, walking paths, and access to area tennis courts, playgrounds, parks, and more. Convenient to award-winning schools, shopping, dining, and The Toll Roads!

Last Agent to Sell the Property

Justin Tye

Active Realty Inc License #01728694 Listed on: 07/28/2021

Co-Listed By

Susan Irby

Real Broker License #01947820

Last Buyer's Agent

Farsheed Raftari

Berkshire Hathaway HomeService License #02087968

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,157

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Fenced
  • Stucco Fence
  • Fence is in good condition
  • Landscaped
  • Private Yard

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage

Property Views

  • City Lights
  • Park or Greenbelt
  • Pool
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Concrete Porch or Patio

Location

  • Property is near a clubhouse
  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 12459
  • Assessor Parcel Number 93188489

Community Details

Overview

  • 112 Units
  • Floramar Association, Phone Number (949) 716-3998
  • First Service Residential Association, Phone Number (949) 709-0010
  • Powerstone Property Management HOA
  • Floramar Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,157

Year Built

Built in 1986

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Co-List contact
  • Other Phone Number: 310.753.3750
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Floramar (FM)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93188489
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1017.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 555.56
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, Community, In Ground
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Neighborhood, Park/Greenbelt, Pool
  • Fence: Yes
  • Fencing: Good Condition, Stucco Wall
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances
  • Electric: Electricity - On Property
  • Heating Type: ENERGY STAR Qualified Equipment, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside
  • Sewer: Unknown
  • Water Source: Private
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse, Maintenance Grounds
  • Association Fee: 265.00
  • Association #2 Fee: 71.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Floramar
  • Phone: 949-716-3998
  • Association Phone #2: 949-709-0010
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking
  • Association Management: Powerstone Property Management
  • Association Management 2: First Service Residential

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Trabuco Mesa
  • Middle School: Rancho
  • High School: Trabucco Hills
  • Elementary School: Trabuco Mesa
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho
  • Elementary School #2: TRAMES
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Greenbelt, Landscaped, Level, Park Nearby, Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 112
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 2
  • Tax Tract Number: 12459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Jan 7, 2022
Sold by
Zillow Homes Property Trust
Bought by
Hamzei Ramin and Zamanpour Newsha
Seller's Agent
Justin Tye
Active Realty Inc
Buyer's Agent
Farsheed Raftari
Berkshire Hathaway HomeService
List Price
$679,900
Sold Price
$565,000
Premium/Discount to List
-$114,900
-16.9%
Current Estimated Value
$693,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,214
Avg. Annual Appreciation
5.03%
Original Mortgage
$536,750
Outstanding Balance
$499,359
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$177,487

Purchase Details

Closed on
Jul 10, 2021
Sold by
Karbassyoon Naveed and Karbassyoon Lindsey Taylor
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Oct 27, 2016
Sold by
Karbassyoon Naveed and Karbassyoon Lindsey Taylor
Bought by
Karbassyoon Naveed and Karbassyoon Lindsey Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,690
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jul 21, 2015
Sold by
Porter Amy M
Bought by
Karbassyoon Naveed and Peck Lindsey Taylor
Seller's Agent
Cindy Bistany
eXp Realty of California Inc
Buyer's Agent
Kelly Arshi
Re/Max First Class
List Price
$379,900
Sold Price
$374,500
Premium/Discount to List
-$5,400
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$367,716
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2005
Sold by
Byrne Brian
Bought by
Porter Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.69%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 5, 2004
Sold by
Fulbright Robbie J
Bought by
Byrne Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Michel Peggy L
Bought by
Fulbright Robbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.66%

Purchase Details

Closed on
Oct 21, 1996
Sold by
Michel Peggy L
Bought by
Michel Peggy L and Peggy L Michel Trust
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
Hamzei Ramin $565,000 None Listed On Document
Zillow Homes Property Trust $648,500 Zillow Closing & Escrow Svcs
Karbassyoon Naveed -- Pacific Coast Title
Karbassyoon Naveed $374,500 California Title Company
Porter Amy M $390,000 Chicago Title Insurance Co
Byrne Brian $385,000 Chicago Title
Fulbright Robbie J $145,000 Guardian Title Company
Michel Peggy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamzei Ramin $536,750
Previous Owner Karbassyoon Naveed $360,690
Previous Owner Karbassyoon Naveed $367,716
Previous Owner Porter Amy M $312,000
Previous Owner Byrne Brian $250,000
Previous Owner Fulbright Robbie J $40,543
Previous Owner Fulbright Robbie J $159,000
Previous Owner Fulbright Robbie J $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $565,000 -4.2% $556 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $589,900 -1.7% $580 / Sq Ft
09/24/2021 09/24/21 Price Changed $599,900 -3.2% $590 / Sq Ft
09/10/2021 09/10/21 Price Changed $619,900 -4.5% $610 / Sq Ft
08/27/2021 08/27/21 Price Changed $648,900 -2.4% $638 / Sq Ft
08/13/2021 08/13/21 Price Changed $664,900 -2.2% $654 / Sq Ft
07/28/2021 07/28/21 For Sale $679,900 +81.5% $669 / Sq Ft
09/08/2015 09/08/15 Sold $374,500 -1.4% $340 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $379,900 0.0% $345 / Sq Ft
12/17/2012 12/17/12 Rented $1,945 -7.2% --
12/17/2012 12/17/12 Under Contract -- -- --
10/14/2012 10/14/12 For Rent $2,095 -- --
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 $6,157 $599,582 $475,006 $124,576
2024 $6,157 $587,826 $465,692 $122,134
2023 $6,018 $576,300 $456,560 $119,740
2022 $6,795 $648,500 $537,723 $110,777
2021 $3,675 $409,568 $297,499 $112,069
2020 $4,258 $405,369 $294,449 $110,920
2019 $4,769 $397,421 $288,675 $108,746
2018 $4,701 $389,629 $283,015 $106,614
2017 $4,765 $381,990 $277,466 $104,524
2016 $5,134 $374,500 $272,025 $102,475
2015 $5,021 $355,000 $235,181 $119,819
2014 $5,014 $355,000 $235,181 $119,819
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21166180

California Regional Multiple Listing Service (CRMLS)

APN: 931-884-89