$575,000
SOLD APR 22, 2020

28046 Cayman Unit 327 Mission Viejo, CA 92692

3 Beds
3 Baths
1,545 Sq Ft
$331/mo HOA Fee

Recently Sold

$372 Per Sq Ft

30 Days on Market

Highlights

  • Spa
  • No Units Above
  • Cathedral Ceiling
  • Melinda Heights Elementary School Rated A-
  • Community Lake
  • Main Floor Bedroom

About This Home

As of April 2020

Resort style living in Coral Gardens! Near Private Lake Mission Viejo, award winning schools, beautiful parks, dining, shopping,
entertainment, hiking and bike trails. This 3 bedroom 3 bathroom, end unit home is the largest floor plan in the complex. It is light and
bright with many windows providing natural light throughout the home. The main floor bedroom has a sliding door that opens to the
backyard. The main floor full bathroom is located just outside the down stairs bedroom. The master bedroom has high vaulted
ceilings with a large balcony just outside the sliding door. The home includes a two car attached garage with direct access, front
gated private patio, hard scraped backyard and balcony off the master bedroom.The community offers a resort style pool, two
spas, two tennis courts and a membership to Private Lake Mission Viejo. The lake offers free concerts, boat rentals, fishing and
picnic areas. The home does need some paint, carpet, window coverings and TLC. It is priced $24K lower than the last (model match) closed sale.
This is a good opportunity for your clients to get into Coral Gardens below the current comps. They will also have the opportunity to
upgrade the property to their own personal taste.

Last Agent to Sell the Property

Fred Highley

Stone Creek Real Estate Servic License #01034571 Listed on: 02/18/2020

Last Buyer's Agent

Adnan Ahmad Bukhari

Real Estate Ebroker Inc License #01963716

Real Estate Ebroker Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1989

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Stucco Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Interior Spaces

  • 1,545 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12600
  • Assessor Parcel Number 93084894

Community Details

Overview

  • 334 Units
  • Palm Gardens Association, Phone Number (949) 372-4034
  • Lmva Association
  • Powerstone HOA
  • Maintained Community
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 1989

Lot Details

0

HOA Fees

$331 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Coral Gardens (CDN)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93084894
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1545.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Two Story Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 372.17
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath

Exterior Features

  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener, Guest, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Maintenance Grounds
  • Association Fee: 310.00
  • Association #2 Fee: 127.00
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Monthly
  • Association Name: Palm Gardens
  • Phone: 949-372-4034
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Lake, Sidewalks, Storm Drains, Street Lights
  • Association Management: Powerstone
  • Association Management 2: LMVA

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Melinda Heights
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1.00

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.0000 Square Feet
  • Number Of Units In Community: 334
  • Number Of Units Total: 334

Tax Info

  • Tax Census Tract: 320.33
  • Tax Lot: 5
  • Tax Tract Number: 12600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 31, 2020
Sold by
Leslie Rumi N and The Leslie Family Trust
Bought by
Ahmad Fawad and Amin Saba
Seller's Agent
Fred Highley
Stone Creek Real Estate Servic
Buyer's Agent
Adnan Ahmad Bukhari
Real Estate Ebroker Inc
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$929,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,301
Avg. Annual Appreciation
8.80%
Original Mortgage
$546,250
Outstanding Balance
$487,219
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$409,545

Purchase Details

Closed on
Jul 26, 2007
Sold by
Leslie Frederick L and Leslie Nancy
Bought by
Leslie Frederick L and Leslie Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Leslie Frederick L and Leslie Nancy
Bought by
Leslie Frederick L and Leslie Nancy

Purchase Details

Closed on
Dec 3, 2002
Sold by
Rock Mary Joy and Amussen Mary Joe
Bought by
Leslie Frederick L and Leslie Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.06%

Purchase Details

Closed on
Mar 14, 1995
Sold by
Western Aluminum Rolling Mills Inc
Bought by
Rock Mary Joy and Amussen Mary Joy
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 $575,000 First American Title
Interfamily Deed Transfer -- Lsi Title Company
Interfamily Deed Transfer -- --
Grant Deed $357,500 First American Title Co
Corporate Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,250 New Conventional
Previous Owner $179,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $180,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $575,000 0.0% $372 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $575,000 0.0% $372 / Sq Ft
03/08/2020 03/08/20 Off Market $575,000 -- --
02/18/2020 02/18/20 For Sale $575,000 -- $372 / 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
2024 $6,354 $616,515 $465,496 $151,019
2023 $6,204 $604,427 $456,369 $148,058
2022 $6,094 $592,576 $447,421 $145,155
2021 $5,973 $580,957 $438,648 $142,309
2020 $4,805 $473,436 $315,144 $158,292
2019 $4,708 $464,153 $308,964 $155,189
2018 $4,619 $455,052 $302,905 $152,147
2017 $4,525 $446,130 $296,966 $149,164
2016 $4,449 $437,383 $291,143 $146,240
2015 $4,412 $430,814 $286,770 $144,044
2014 $4,315 $422,375 $281,152 $141,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20029500

California Regional Multiple Listing Service (CRMLS)

APN: 930-848-94