NOT LISTED FOR SALE

38 Rabano Unit 114 Rancho Santa Margarita, CA 92688

Estimated Value: $712,164 - $741,000

2 Beds
2.5 Baths
1,133 Sq Ft
$282/mo HOA Fee

Last Sold March 28, 2017

Last sale price $485,000 $428 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,689/month

23 Days on Market

Highlights

  • Spa
  • No Units Above
  • Panoramic View
  • Tijeras Creek Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Mesa Linda Park

About This Home

As of March 2017

ENTERTAINERS DELIGHT! MUST-SEE TURNKEY CONDO. LIVING IS EASY IN THIS SPECTACULAR VIEW CONDO located in the coveted Bella Ventana Community. Nestled along the edge of the city against the Rancho Santa Margarita Wilderness and trails, this home provides the natural and peaceful tranquility you crave tucked away from the calamity--Fortunately situated with prime eastern exposure and morning sun to greet each new day. Inside, the spacious living & dining areas with high ceilings enjoy open access to the stylish kitchen w/stainless appliances, breakfast bar & custom breakfast nook. Features include custom flooring throughout the downstairs, cozy fireplace, recessed lights and sliding glass door leading to the RARE oversized and private backyard retreat enhanced by the endless sky canvas, garden w/grassy lawn, flagstone walkway & patio, secured with wrought iron gate and high fencing for increased solitude. Both upstairs bedrooms enjoy an abundance of light and refreshing open air panoramic views of the verdant hills and trees. Additional features include downstairs powder room, 2-car direct access garage w/laundry hookups. This beautifully maintained community has welcoming walking trails, a TotLot, and is within close distance to award-winning schools, local amenities and convenient access to the toll road. Near to wonderful SAMLARC parks offering tennis, basketball, volleyball, heated pools, team sport, athletic fields & picnic facilities. This is the perfect place to call home.

Last Agent to Sell the Property

Laura Hennes

Realty One Group West License #01728613 Listed on: 02/14/2017

Realty One Group West

Co-Listed By

Lorelei Lachman

Realty One Group West License #01300374

Last Buyer's Agent

Zen Ziejewski

Real Broker License #00998118

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 1997

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Vinyl Fence
  • Wood Fence
  • Fence is in excellent condition
  • Landscaped
  • Front Yard Sprinklers
  • Lawn

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Common Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,133 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Solar Tinted Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Spa
  • Stone Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Arroyo Vista Elementary School
  • Las Flores Middle School
  • Tesoro High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3302
  • Tax Tract Number 13905
  • Assessor Parcel Number 93183657

Community Details

Overview

  • Bella Ventana Association, Phone Number (949) 448-6113
  • Samlarc Association, Phone Number (949) 709-0010
  • Villa Brisa
  • Maintained Community
  • Mountainous Community

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,659

Year Built

Built in 1997

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Bella Ventana (BVT)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93183657
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1133.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Accessibility Features: Entry Slope Less Than 1 Foot
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 428.07
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Screens, Solar Tinted Windows
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s), Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition, Vinyl, Wood, Wrought Iron
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage Faces Rear, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Microwave, Recirculated Exhaust Fan, Water Heater
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Maintenance Grounds, Dues Paid Monthly, Call for Rules
  • Association Fee: 226.00
  • Association #2 Fee: 56.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: BELLA VENTANA
  • Phone: 949.448.6113
  • Association Phone #2: 949.709.0010
  • Senior Community: No
  • Community Features: Curbs, Mountainous, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Arroyo Vista
  • Middle School: Las Flores
  • High School: Tesoro
  • Elementary School: Arroyo Vista
  • High School: Tesoro
  • Middle Or Junior School: Las Flores
  • Elementary School #2: ARRVIS
  • High School2: TESERO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Sprinklers In Front

Multi Family

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

Tax Info

  • Tax Census Tract: 320.56
  • Tax Lot: 3302
  • Tax Tract Number: 13905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 9, 2017
Sold by
Rinker Clayton and Rinker Danielle
Bought by
Valdis Charles Patrick
Seller's Agent
Laura Hennes
Realty One Group West
Buyer's Agent
Zen Ziejewski
Real Broker
List Price
$479,900
Sold Price
$485,000
Premium/Discount to List
$5,100
1.06%
Current Estimated Value
$727,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,791
Avg. Annual Appreciation
4.99%
Original Mortgage
$388,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jun 19, 2015
Sold by
Gorney Robert and Gorney Cathy
Bought by
Rinker Glay and Coffman Danielle
Seller's Agent
Cynthia Rule
Smart1 Real Estate
Buyer's Agent
Richard Rule
Sail Properties, Inc.
List Price
$468,888
Sold Price
$450,000
Premium/Discount to List
-$18,888
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$382,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Gorney Cathy and Martin Cathy Lynn
Bought by
Gorney Robert and Gorney Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2001
Sold by
Hoffman Justin and Stanovich Amy Lynne
Bought by
Hoffman Justin and Hoffman Amy Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,100
Interest Rate
7.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2000
Sold by
Early Gabby
Bought by
Hoffman Justin and Stanovich Amy Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,550
Interest Rate
8.15%

Purchase Details

Closed on
Aug 8, 1997
Sold by
D R Horton Los Angeles #12 Inc
Bought by
Early Gabby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,700
Interest Rate
7.43%
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
Valdis Charles Patrick $485,000 First American Title
Rinker Glay $450,000 Lawyers Title
Gorney Robert -- Chicago Title Company
Hoffman Justin -- --
Hoffman Justin $209,500 Orange Coast Title
Early Gabby $130,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdis Charles Patrick $359,000
Closed Valdis Charles Patrick $388,000
Previous Owner Rinker Glay $382,500
Previous Owner Gorney Robert $227,300
Previous Owner Gorney Robert $226,000
Previous Owner Gorney Robert $211,000
Previous Owner Hoffman Justin $188,000
Previous Owner Hoffman Justin $23,500
Previous Owner Hoffman Justin $21,100
Previous Owner Hoffman Justin $188,550
Previous Owner Early Gabby $125,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $485,000 0.0% $428 / Sq Ft
02/23/2017 02/23/17 Price Changed $485,000 +1.1% $428 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $479,900 +6.6% $424 / Sq Ft
07/20/2015 07/20/15 Sold $450,000 -4.0% $387 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $468,888 -- $403 / 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 $5,659 $562,881 $415,852 $147,029
2024 $5,659 $551,845 $407,698 $144,147
2023 $5,534 $541,025 $399,704 $141,321
2022 $5,431 $530,417 $391,867 $138,550
2021 $5,073 $520,017 $384,183 $135,834
2020 $5,284 $514,685 $380,243 $134,442
2019 $5,950 $504,594 $372,788 $131,806
2018 $5,861 $494,700 $365,478 $129,222
2017 $5,510 $459,000 $322,109 $136,891
2016 $5,655 $450,000 $315,793 $134,207
2015 $3,820 $301,146 $164,581 $136,565
2014 $3,741 $295,247 $161,357 $133,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17030468

California Regional Multiple Listing Service (CRMLS)

APN: 931-836-57