NOT LISTED FOR SALE

Estimated Value: $718,000 - $727,000

2 Beds
2 Baths
1,195 Sq Ft
$406/mo HOA Fee

Last Sold February 08, 2023

Last sale price $615,000 $515 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,893/month

117 Days on Market

Highlights

  • Heated In Ground Pool
  • No Units Above
  • High Ceiling
  • Rancho Santa Margarita Intermediate School Rated A
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of February 2023

Wow, price just adjusted, and it’s below comps . Seller will also pay up to $7000- toward closing cost. It’s an awesome deal.Corte Melina-Tri level, light and bright. Interior and garage and some doors just painter and the condo was professionally cleaned. Vaulted ceilings. Good size 2 bedrooms (Main bedroom on top floor, 2nd bedroom on the main floor, 2 baths, and 2 CAR attached tandem garage , oversized with open storage cabinets. Granite counters, stainless steel appliances with refrigerator and washer, dryer included. Cozy fire place, recessed lighting, newer A/C and furnace and it also includes 2 ceiling fans. Master bath and kitchen counters were upgraded. This condo has a great location, close to the parking and the pool. Walk to shops, Restaurants and enjoy the beautiful RSM lake, beach club, 13 parks, playgrounds, community pool, sport courts, hiking and biking trails. Close to O'Neil park, near by top rated schools. It’s also has easy access to 241 foothill transportation corridor.

Last Agent to Sell the Property

FERIE BAILEY

First Team Real Estate License #01178088 Listed on: 09/23/2022

First Team Real Estate

Last Buyer's Agent

Kollin Hill

LPT Realty, Inc License #02029243

LPT Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,560

Year Built

  • Built in 1994

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 1,195 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Private Water Source
  • Water Heater

Additional Features

  • Accessible Parking
  • Spa
  • Balcony

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 14612
  • Assessor Parcel Number 93543655

Community Details

Overview

  • 290 Units
  • Corte Melina Association, Phone Number (949) 448-6135
  • Samlarc HOA
  • Corte Melina Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,560

Year Built

Built in 1994

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Corte Melina (CM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93543655
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1195.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Tandem
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Electric
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 514.64
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Remodeled, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds
  • Association Fee: 325.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Corte Melina
  • Phone: 949-448-6135
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Samlarc

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 290
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 14612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Jan 20, 2023
Sold by
Phyllis J Scheffler Living Trust
Bought by
Hughes Kimberly and Gaalaas Spencer
Seller's Agent
FERIE BAILEY
First Team Real Estate
Buyer's Agent
Kollin Hill
LPT Realty, Inc
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%
Views
36
Current Estimated Value
$723,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,211
Avg. Annual Appreciation
6.16%
Original Mortgage
$596,550
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2014
Sold by
Scheffler Phyllis J
Bought by
The Phyllis J Scheffler Living Trust

Purchase Details

Closed on
Nov 5, 2003
Sold by
Siano Louis
Bought by
Scheffler Phyllis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Siano Louis
Bought by
Siano Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.09%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Siano Sandi J
Bought by
Siano Louis

Purchase Details

Closed on
May 4, 1995
Sold by
Corte Melina Partners Ltd
Bought by
Siano Louis and Siano Sandi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.5%
Mortgage Type
FHA
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
Hughes Kimberly $615,000 Western Resources
The Phyllis J Scheffler Living Trust -- None Available
Scheffler Phyllis J $330,000 First Southwestern Title Co
Siano Louis -- American Title Co
Siano Louis -- --
Siano Louis $126,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Kimberly $603,500
Closed Hughes Kimberly $596,550
Previous Owner Scheffler Phyllis J $168,000
Previous Owner Scheffler Phyllis J $172,000
Previous Owner Scheffler Phyllis J $183,000
Previous Owner Scheffler Phyllis J $180,000
Previous Owner Siano Louis $175,000
Previous Owner Siano Louis $150,000
Previous Owner Siano Louis $119,007
Previous Owner Siano Louis $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $615,000 +0.2% $515 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $614,000 -0.9% $514 / Sq Ft
10/17/2022 10/17/22 Price Changed $619,500 -1.7% $518 / Sq Ft
10/03/2022 10/03/22 Price Changed $630,000 -1.4% $527 / Sq Ft
09/23/2022 09/23/22 For Sale $639,000 -- $535 / 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 $6,560 $639,846 $462,401 $177,445
2024 $6,560 $627,300 $453,334 $173,966
2023 $4,622 $450,964 $270,746 $180,218
2022 $4,542 $442,122 $265,437 $176,685
2021 $4,074 $433,453 $260,232 $173,221
2020 $4,419 $429,009 $257,564 $171,445
2019 $4,851 $420,598 $252,514 $168,084
2018 $4,777 $412,351 $247,562 $164,789
2017 $4,818 $404,266 $242,708 $161,558
2016 $5,013 $396,340 $237,949 $158,391
2015 $4,836 $368,000 $225,249 $142,751
2014 $3,940 $303,150 $160,399 $142,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22182955

California Regional Multiple Listing Service (CRMLS)

APN: 935-436-55