NOT LISTED FOR SALE

28857 San Simeon Mission Viejo, CA 92692

Estimated Value: $959,000 - $1,042,000

3 Beds
2.5 Baths
1,749 Sq Ft
$621/mo HOA Fee

Last Sold October 21, 2022

Last sale price $863,000 $493 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,839/month

6 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Fishing
  • Fitness Center
  • Heated In Ground Pool
  • Senior Community

About This Home

As of October 2022

GREAT CORNER LOCATION! This a wonderful 3 bedroom home located within Orange County’s Premier Gated 55+ community of Palmia! If you’re looking for peaceful surroundings this is it! JUST COMPLETED $95k in upgrades and remodel. This beautiful end unit is filled with natural sunlight and painted in soft neutral colors. Desirable main level master suite features a newly remodeled master bath with walk-in shower, dual vanity sinks, quartz countertops, large walk-in closet with custom built-ins, and slider to patio. Full Main level living areas including laundry room leading to large 2-car garage. Additional guest bathroom on main level. Two additional oversized rooms are upstairs with another full-size bathroom.An expensive chairlift was installed in 2020 which can be removed. Upgraded finishes throughout with quartz countertops, plantation shutters, LVP flooring in master, ceiling fans, plush carpet and hardwood upstairs.
Large patio with pavers and view of green belt with only one shared wall. Patio is accessible from both the master suite and living area. Palmia gated community offers an 18-hole putting green, tennis, paddle tennis, bocce ball,pickle ball, shuffleboard, billiards, fitness center, pool & spa, beautiful club house with large Ballroom, over 40 clubs and activities to choose from. Beautiful landscaping throughout and 24-hour guard gated security. You will love your access to Lake Mission Viejo; whether you like blanket-picnics during the live concerts, movies on the lake, kayaking on the water, or simply hanging out on the sandy beaches. Must See!

Last Agent to Sell the Property

Michelle Gaddie

Estrada Properties License #01310382 Listed on: 09/14/2022

Last Buyer's Agent

Solmaz Naghavi

Keller Williams Realty License #02066273

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,994

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Fenced
  • Stucco Fence
  • Paved or Partially Paved Lot
  • Back and Front Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,749 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Drapes & Rods
  • Double Door Entry
  • Sliding Doors
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas and Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Multi-Level Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • Grab Bar In Bathroom
  • Doors swing in
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13838
  • Assessor Parcel Number 93374274
  • $15 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • Front Yard Maintenance
  • 900 Units
  • Palmia Association, Phone Number (949) 472-5075
  • Lake Mission Viejo Association
  • Palmia Courts 1 Subdivision
  • Maintained Community
  • Community Lake
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Ping Pong Table
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,994

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$621 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Card/Code Access, Gated Community
  • Subdivision Name Other: Palmia - Courts 1 (PTC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93374274
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1749.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Tile Counters
  • Stories: 2
  • Entry Location: Ground floor
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Entry Slope Less Than 1 Foot, Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 493.42
  • Room Type: Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Drapes, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Quartz Counters, Remodeled, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete, Patio, Patio Open, Front Porch
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Water Purifier
  • Electric: 220 Volts in Laundry, Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Golf Course, Tennis Court(s), Paddle Tennis, Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Maintenance Grounds, Pet Rules, Call for Rules, Management, Guard, Maintenance Front Yard
  • Association Fee: 610.00
  • Association #2 Fee: 63.00
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Monthly
  • Association Name: Palmia
  • Phone: 949-472-5075
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Curbs, Fishing, Golf, Hiking, Lake, Park, Watersports, Sidewalks, Street Lights
  • Association Management: Palmia

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Greenbelt, Park Nearby, Paved

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 900
  • Number Of Units Total: 900

Tax Info

  • Tax Census Tract: 320.48
  • Tax Lot: 1
  • Tax Tract Number: 13838
  • TaxOtherAnnualAssessmentAmount: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 30, 2022
Sold by
Gaddie Family Trust
Bought by
Moshrefi Linda
Seller's Agent
Michelle Gaddie
Estrada Properties
Buyer's Agent
Solmaz Naghavi
Keller Williams Realty
List Price
$858,000
Sold Price
$863,000
Premium/Discount to List
$5,000
0.58%
Views
7
Current Estimated Value
$1,003,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,510
Avg. Annual Appreciation
4.50%
Original Mortgage
$588,000
Outstanding Balance
$568,730
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$409,663

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 24, 2021
Sold by
Luis Balbin Jose
Bought by
Balbin Norma
Seller's Agent
Janie Farris
Regency Real Estate Brokers
Buyer's Agent
Michelle Gaddie
Estrada Properties
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Listed on
Aug 19, 2021
Closed on
Aug 25, 2021
Sold by
Balbin Norma and The Balbin Trust
Bought by
Gaddie Michael K and Gaddie Michelle D
Seller's Agent
Janie Farris
Regency Real Estate Brokers
Buyer's Agent
Michelle Gaddie
Estrada Properties
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%

Purchase Details

Closed on
Sep 22, 2009
Sold by
Balbin Jose L and Balbin Norma H
Bought by
Balbin Jose L and Balbin Norma

Purchase Details

Closed on
Feb 24, 2005
Sold by
Derenne John Coop
Bought by
Balbin Jose L and Balbin Norma H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Derenne Janice C
Bought by
Derenne John Coop and Janice C Derenne Trust

Purchase Details

Closed on
Jan 28, 1999
Sold by
Chickering Elbridge Gerry
Bought by
Derenne Janice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 14, 1993
Sold by
Chickering Elbridge Gerry
Bought by
Derenne Janice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
3.5%
Source: Public Records

Range of Values:

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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
Moshrefi Linda $863,000 Lawyers Title
Balbin Norma -- --
Gaddie Michael K $730,000 Orange Coast Ttl Co Of Socal
Balbin Norma -- --
Balbin Jose L -- None Available
Balbin Jose L $520,000 California Title Company
Derenne John Coop -- --
Derenne Janice C -- Lawyers Title Company
Derenne Janice D -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moshrefi Linda $588,000
Previous Owner Balbin Jose L $350,000
Previous Owner Derenne Janice C $46,000
Previous Owner Derenne Janice D $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $863,000 +0.6% $493 / Sq Ft
09/27/2022 09/27/22 For Sale $858,000 -0.6% $491 / Sq Ft
09/21/2022 09/21/22 Off Market $863,000 -- --
09/21/2022 09/21/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $858,000 +17.5% $491 / Sq Ft
09/24/2021 09/24/21 Sold $730,000 +0.1% $417 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $729,000 -- $417 / 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 $8,994 $897,865 $680,899 $216,966
2024 $8,994 $880,260 $667,548 $212,712
2023 $8,780 $863,000 $654,458 $208,542
2022 $7,504 $730,000 $533,109 $196,891
2021 $3,359 $333,029 $133,523 $199,506
2020 $3,328 $329,615 $132,154 $197,461
2019 $3,261 $323,152 $129,562 $193,590
2018 $3,198 $316,816 $127,021 $189,795
2017 $3,133 $310,604 $124,530 $186,074
2016 $2,915 $304,514 $122,088 $182,426
2015 $3,059 $299,940 $120,254 $179,686
2014 $2,992 $294,065 $117,898 $176,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22188202

California Regional Multiple Listing Service (CRMLS)

APN: 933-742-74