NOT LISTED FOR SALE

31 Silktassel Unit 151 Rancho Santa Margarita, CA 92688

Estimated Value: $556,897 - $609,000

2 Beds
2 Baths
925 Sq Ft
1987 Built

Last Sold February 15, 2012

Last sale price $180,000 $195 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,264/month

337 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Balcony
  • Trabuco Mesa Elementary School Rated A
  • Contemporary Architecture
  • 1 Car Attached Garage

About This Home

As of February 2012

APPROVED PRICE!!! Great 2 bedroom / 2 Bath Upper Level Condo in Awesome Complex!!! Living Room & Dining Area with Vaulted Ceilings. Cozy Kitchen With Ceramic Tile Countertops and Bay Window. Romantic Fireplace in Living Room. Spacious Master Bedroom has Vaulted Ceilings, Balcony, 2 Closets with Built-in Organizers & Dressing Area. Mirror Wardrobes on Both Bedrooms. Beautiful Ceramic Tile Floors in Dining Area, Kitchen and Living Room. Convenient Indoor Connection for Stackable Washer & Dryer. No One Above or Below. Gorgeous Mountain Views from the Two Spacious Balconies. Extra long 1 car Garage. Spanish Tile Roof. No Mello Roos. Across the Street from RSM Lake. Close to Toll Road, Shopping, Entertainment, Schools, and Parks.

Last Agent to Sell the Property

Jose Jaramillo

Re/Max Property Connection License #01439188 Listed on: 02/07/2011

Last Buyer's Agent

Len Malena

Coldwell Banker Realty License #01415115

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1987

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Guest Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 925 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375177

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,250

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R2)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375177
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 925.00
  • Interior Amenities: Balcony, Copper Plumbing Full
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 194.59
  • Room Type: Dressing Area
  • Spa Features: Association

Exterior Features

  • Patio: No
  • View: Park/Greenbelt, Trees/Woods
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Guest
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Playground, Pool, Spa/Hot Tub
  • Association Fee: 216.00
  • Association #2 Fee: 55.00
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 12717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2011
Closed on
Feb 1, 2012
Sold by
Figueroa Kristine W
Bought by
Figueroa Gene G
Seller's Agent
Jose Jaramillo
Re/Max Property Connection
Buyer's Agent
Len Malena
Coldwell Banker Realty
List Price
$174,000
Sold Price
$180,000
Premium/Discount to List
$6,000
3.45%
Current Estimated Value
$584,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,724
Avg. Annual Appreciation
8.97%
Original Mortgage
$162,000
Outstanding Balance
$110,827
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$473,897

Purchase Details

Listed on
Feb 7, 2011
Closed on
Jan 26, 2012
Sold by
Cruz Enrique M and Cruz Erika G
Bought by
Figueroa Gene G
Seller's Agent
Jose Jaramillo
Re/Max Property Connection
Buyer's Agent
Len Malena
Coldwell Banker Realty
List Price
$174,000
Sold Price
$180,000
Premium/Discount to List
$6,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$110,827
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$473,897

Purchase Details

Closed on
Nov 8, 2006
Sold by
Cruz Enrique M and Cruz Erika G
Bought by
Cruz Enrique M and Cruz Erika G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Boyer David J and Boyer Melissa D
Bought by
Cruz Enrique and Cruz Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Boyer David
Bought by
Boyer David J and Boyer Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Boyer Melissa Diane
Bought by
Boyer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Simcox Mary C
Bought by
Boyer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2000
Sold by
Schwarzkopf Monica P
Bought by
Simcox Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,250
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 1999
Sold by
Dobrawa Stanley A and Dobrawa Teresa M
Bought by
Schwarzkopf Monica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Figueroa Gene G -- Chicago Title Company
Figueroa Gene G $180,000 Chicago Title Company
Cruz Enrique M -- First American Title Co
Cruz Enrique $398,000 Southland Title
Boyer David J -- Southland Title Corporation
Boyer David -- Multiple
Boyer David $330,000 First American Title Co
Simcox Mary C $155,000 Orange Coast Title Company
Schwarzkopf Monica P $120,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Gene G $162,000
Previous Owner Cruz Enrique M $404,000
Previous Owner Cruz Enrique $398,000
Previous Owner Boyer David J $299,000
Previous Owner Boyer David $264,000
Previous Owner Simcox Mary C $150,250
Previous Owner Schwarzkopf Monica P $95,900
Closed Schwarzkopf Monica P $17,950
Closed Boyer David $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $180,000 +2.9% $195 / Sq Ft
12/05/2011 12/05/11 Price Changed $175,000 -8.4% $189 / Sq Ft
05/23/2011 05/23/11 Price Changed $191,000 +9.8% $206 / Sq Ft
02/07/2011 02/07/11 For Sale $174,000 -- $188 / 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 $2,250 $226,084 $134,231 $91,853
2024 $2,250 $221,651 $131,599 $90,052
2023 $2,198 $217,305 $129,018 $88,287
2022 $2,159 $213,045 $126,489 $86,556
2021 $1,669 $208,868 $124,009 $84,859
2020 $2,100 $206,727 $122,738 $83,989
2019 $2,305 $202,674 $120,331 $82,343
2018 $2,269 $198,700 $117,971 $80,729
2017 $2,288 $194,804 $115,657 $79,147
2016 $2,565 $190,985 $113,389 $77,596
2015 $2,662 $188,117 $111,686 $76,431
2014 $2,616 $184,433 $109,499 $74,934
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jose Jaramillo

    RE/MAX

  • L

    Buyer's Agent in 2012

    Len Malena

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S647200

California Regional Multiple Listing Service (CRMLS)

APN: 933-751-77

California Orange County Rancho Santa Margarita 92688

31 Silktassel Unit 151, Rancho Santa Margarita, CA

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