NOT LISTED FOR SALE

28 Redbud Unit 134 Rancho Santa Margarita, CA 92688

Estimated Value: $578,397 - $613,000

2 Beds
2 Baths
832 Sq Ft
$275/mo HOA Fee

Last Sold June 24, 2019

Last sale price $394,500 $474 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,781/month

51 Days on Market

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Community Lake
  • Trabuco Mesa Elementary School Rated A
  • Open Floorplan
  • 2-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of June 2019

Enjoy the sunrise/sunset right off this exceptional end unit with VIEW of gorgeous mature trees, greenbelt and Saddleback mountains. This highly sought-after one-level living unit with no one above or below provides much privacy for entertaining with 2 large balconies off the living room as well as the master bedroom. Outstanding floorplan with vaulted ceiling and ample natural light! Recent upgrades include warm designer paint, new Quartz countertop, new stainless steel stove, dishwasher, oven, microwave, sink, toilets, and fixtures. Kitchen has been refaced with new Shaker doors and a fresh coat of crisp white paint and new knobs. Wood flooring in living room, hallway and both bedrooms. Beautiful 16 by 16 tiles in kitchen and both bathrooms. Master bath with soaking tub has been re-glazed and looks brand new. New fixtures throughout and front door is freshly painted. AC and furnace were replaced in 2014. Ceiling fan in dining room. One car detached garage just right below the unit and two additional parking passes. The community offers a pool, spa, tot lot. The Santa Margarita Lake and Beach Club are located within steps! Within a mile radius, there is shopping, restaurants, neighborhood schools, and toll roads. Total HOA dues is only $275 a month! No Mello Roos. FHA & VA approved complex! Seller is putting in BRAND NEW DOUBLE-PANED WINDOWS!

Last Agent to Sell the Property

Evelyn Tee

Real Broker License #01457934 Listed on: 04/11/2019

Real Broker

Last Buyer's Agent

Jean Tietgen

HomeSmart, Evergreen Realty License #00476784

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 832 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room Balcony
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Schools

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

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375160

Community Details

Overview

  • 172 Units
  • Mission Courts II Association, Phone Number (949) 261-8282
  • Samlarc Association, Phone Number (800) 428-5588
  • Community Lake
  • Mountainous Community
  • Greenbelt

Amenities

  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,523

Year Built

Built in 1990

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Washer, dryer and fridge
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R2) (MC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375160
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 832.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 474.16
  • Room Type: Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Mountain(s), Trees/Woods
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Sauna
  • Association Fee: 220.00
  • Association #2 Fee: 55.20
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission Courts II
  • Phone: 949-261-8282
  • Association Phone #2: 800-428-5588
  • Senior Community: No
  • Community Features: Lake, Mountainous, Sidewalks, Street Lights
  • Association Management: SAMLARC

Schools

  • Elementary School: Trabuco Mesa
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: TRAMES
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 172
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 7
  • Tax Tract Number: 12717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 6, 2019
Sold by
Lee Tina Do and Lee Tuong Dung D
Bought by
Akagawa Minoru and Akagawa Mary F
Seller's Agent
Evelyn Tee
Real Broker
Buyer's Agent
Jean Tietgen
HomeSmart, Evergreen Realty
List Price
$395,000
Sold Price
$394,500
Premium/Discount to List
-$500
-0.13%
Current Estimated Value
$594,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,349
Avg. Annual Appreciation
6.68%
Original Mortgage
$274,500
Outstanding Balance
$241,353
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$353,496

Purchase Details

Closed on
Aug 5, 2011
Sold by
Abad Marvin R
Bought by
Lee Tuong Dung D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2005
Sold by
Requa Dina M
Bought by
Abad Marvin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 1998
Sold by
Hud
Bought by
Requa Dina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Aug 22, 1997
Sold by
Chris Delduca and Chris Marie Ann
Bought by
Norwest Mtg Inc
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
Akagawa Minoru $394,500 First American Title Company
Lee Tuong Dung D $170,500 California Counties Title Na
Abad Marvin R $367,500 Orange Coast Title
Requa Dina M $90,000 Fidelity National Title Ins
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $129,028 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akagawa Minoru $274,500
Previous Owner Lee Tuong Dung D $136,400
Previous Owner Abad Marvin R $294,000
Previous Owner Requa Dina M $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $394,500 -0.6% $474 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $397,000 +1.8% $477 / Sq Ft
04/29/2019 04/29/19 Price Changed $389,800 -1.3% $469 / Sq Ft
04/26/2019 04/26/19 Price Changed $394,800 -0.1% $475 / Sq Ft
04/11/2019 04/11/19 For Sale $395,000 -- $475 / 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 $4,523 $440,069 $348,279 $91,790
2024 $4,523 $431,441 $341,450 $89,991
2023 $4,421 $422,982 $334,755 $88,227
2022 $4,347 $414,689 $328,191 $86,498
2021 $3,819 $406,558 $321,756 $84,802
2020 $4,234 $402,390 $318,457 $83,933
2019 $2,168 $191,978 $108,620 $83,358
2018 $2,134 $188,214 $106,490 $81,724
2017 $2,149 $184,524 $104,402 $80,122
2016 $2,427 $180,906 $102,355 $78,551
2015 $2,523 $178,189 $100,817 $77,372
2014 $2,480 $174,699 $98,842 $75,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19079151

California Regional Multiple Listing Service (CRMLS)

APN: 933-751-60