$600,000
SOLD OCT 11, 2022

28 Paseo Estrellas Rancho Santa Margarita, CA 92688

2 Beds
2 Baths
1,038 Sq Ft
$484/mo HOA Fee

Recently Sold

$578 Per Sq Ft

15 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • 1 Car Attached Garage
  • Melinda Heights Elementary School Rated A-
  • Quartz Countertops
  • Bar

About This Home

As of October 2022

Beautifully upgraded 2-bedroom end unit in the desirable Cabo Vista Community in the Melinda Heights area. Entry on first floor has stairs leading to the main living area which showcases the family room, kitchen, and dining space. The kitchen features contemporary gray cabinets and pantry with plenty of storage space, quartz countertops, and subway tile backsplash. Appliances include a gas stove, dishwasher, and microwave hood vent. Bar-top seating offers a great space for a breakfast nook, while the dining area offers a beautiful wine & coffee bar with a wine fridge and beverage cooler. Large balcony outside the living room provides wonderful views of the mountains. Both bedrooms are spacious and the master bedroom features a large walk-in closet and private bathroom. Inside laundry conveniently located in the hallway fits a full-sized washer & dryer. Direct 1-car garage access by front door with plenty of open parking spaces for additional parking. HOA amenities include pool & spa.

Last Agent to Sell the Property

Daniel Poon

eXp Realty of California Inc License #01897213 Listed on: 08/25/2022

eXp Realty of California Inc

Co-Listed By

Daniel Nguyen

eXp Realty of California Inc License #02159603

Last Buyer's Agent

Ruth Bruno

Regency Real Estate Brokers License #02076443

Regency Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 1993

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Tile Roof

Interior Spaces

  • 1,038 Sq Ft Home
  • Bar
  • Living Room with Fireplace
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Schools

  • Melinda Heights Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Spa
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14220
  • Assessor Parcel Number 93374489
  • $57 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Cabo Vista Association, Phone Number (949) 448-6000
  • Samlarc Association, Phone Number (949) 709-0010
  • 1St Service Residential HOA
  • Cabo Vista Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,400

Year Built

Built in 1993

Lot Details

0

HOA Fees

$484 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Cabo Vista (CVS)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93374489
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1038.00 Square Feet
  • Interior Amenities: Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 578.03
  • Room Type: All Bedrooms Up, Living Room
  • Spa Features: Association
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • 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: Samlarc
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 409.00
  • Association #2 Fee: 75.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cabo Vista
  • Phone: 949-448-6000
  • Association Phone #2: 949-709-0010
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains
  • Association Management: 1ST SERVICE RESIDENTIAL

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Melinda Heights
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 204

Tax Info

  • Tax Census Tract: 320.48
  • Tax Lot: 9
  • Tax Tract Number: 14220
  • TaxOtherAnnualAssessmentAmount: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 10, 2022
Sold by
Brown James R and Brown Julie Ann
Bought by
Herrera Abel and Herrera Isidro Giselle
Seller's Agent
Daniel Poon
eXp Realty of California Inc
Buyer's Agent
Ruth Bruno
Regency Real Estate Brokers
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Views
40
Current Estimated Value
$699,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,289
Avg. Annual Appreciation
5.47%
Original Mortgage
$540,000
Outstanding Balance
$520,531
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$179,289

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 4, 2016
Sold by
Lieberman David and Lieberman Michelle S
Bought by
Brown James R and Brown Julie Ann
Seller's Agent
Jennifer Castaneda
Berkshire Hathaway HomeService
Buyer's Agent
Christina Ford
Ford Realty, Inc.
List Price
$369,900
Sold Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$332,910
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
Sold by
Lieberman Michelle S and Kou Michelle Stacie
Bought by
Lieberman David and Lieberman Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Kou Michelle Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,950
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Marcinko Amy M
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Marcinko Amy M
Bought by
Marcinko 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
$98,500
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2004
Sold by
Roberts Michael J
Bought by
Marcinko 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
$295,200
Interest Rate
6.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 11, 2002
Sold by
Lew Sylvia Sye Eun
Bought by
Lew Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.8%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Lew Ross
Bought by
Roberts Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.8%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Lew Tom
Bought by
Lew Ross

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
6.98%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Lew Ross
Bought by
Lew Tom
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $600,000 Fidelity National Title
Grant Deed $370,000 California Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $310,000 Lsi Title
Trustee Deed $345,500 Accommodation
Interfamily Deed Transfer -- American Title Inc
Grant Deed $369,000 Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $212,000 Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $320,000 Adjustable Rate Mortgage/ARM
Previous Owner $332,910 New Conventional
Previous Owner $265,600 New Conventional
Previous Owner $278,950 New Conventional
Previous Owner $98,500 Credit Line Revolving
Previous Owner $295,200 Stand Alone First
Previous Owner $188,000 Unknown
Previous Owner $188,000 Unknown
Previous Owner $169,600 No Value Available
Previous Owner $66,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $107,000 No Value Available
Closed $21,200 No Value Available
Closed $73,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $600,000 +0.2% $578 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $599,000 +61.9% $577 / Sq Ft
02/25/2016 02/25/16 Sold $369,900 0.0% $356 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $369,900 -- $356 / 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 $6,400 $624,240 $472,918 $151,322
2024 $6,400 $612,000 $463,645 $148,355
2023 $6,253 $600,000 $454,553 $145,447
2022 $4,312 $412,627 $281,705 $130,922
2021 $4,206 $404,537 $276,182 $128,355
2020 $4,199 $400,389 $273,350 $127,039
2019 $4,626 $392,539 $267,990 $124,549
2018 $5,004 $384,843 $262,736 $122,107
2017 $5,207 $377,298 $257,585 $119,713
2016 $4,738 $343,967 $192,513 $151,454
2015 $4,658 $338,801 $189,621 $149,180
2014 $4,598 $331,350 $185,907 $145,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22185994

California Regional Multiple Listing Service (CRMLS)

APN: 933-744-89