NOT LISTED FOR SALE

Estimated Value: $524,000 - $573,000

1 Bed
1 Bath
760 Sq Ft
$366/mo HOA Fee

Last Sold June 26, 2020

Last sale price $362,000 $476 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,639/month

55 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Rancho Santa Margarita Intermediate School Rated A
  • Updated Kitchen
  • Living Room with Fireplace

About This Home

As of June 2020

Welcome to this must-see condo nestled in the desirable Corte Melina community and located in the heart of Rancho Santa Margarita. This spacious 1 bedroom, 1 bath home features an open floor plan with bamboo flooring and designer paint throughout. The updated kitchen showcases quartz countertops, stainless steel sink, Moen disposal and all whirlpool appliances including dishwasher, gas range, refrigerator and microwave. The kitchen looks onto a breakfast bar, dining area and spacious living room with fireplace for easy entertaining. Enjoy the fresh air from the master bedroom's private balcony as well as the renovated bathroom's luxurious shower and tile flooring. Complete with indoor laundry area and direct access garage on the lower level. HOA amenities include community pool, spa and fully equipped fitness room. Conveniently located within minutes of award-winning schools, shops, restaurants, health clubs, entertainment, community parks, pools, SAMLARC City Lake, sports courts, and grounds near FWYs and 241 toll road.

Last Agent to Sell the Property

Carla Lehman

Premier Properties License #01465554 Listed on: 04/15/2020

Last Buyer's Agent

Haydee De Dios

COLDWELL BANKER EXCLUSIVE License #01715862

COLDWELL BANKER EXCLUSIVE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,064

Year Built

  • Built in 1995

HOA Fees

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Bamboo Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Double Vanity
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Sprinkler System
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 93543704

Community Details

Overview

  • Association fees include building & grounds
  • Corte Melina Subdivision
  • Planned Unit Development

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Additional Features

  • Community Mailbox
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,064

Year Built

Built in 1995

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 1
  • Building Style: Mediterranean
  • Entry Location: Ground Level w/Steps
  • List Price per Sq Ft: 478.95
  • Lp Sp Ratio: 0.9900
  • Water District Name: Santa Margarita Water District
  • Year Built: 1995
  • Listing I D: 219041835
  • Listing Member Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Listing Member Fax: (760) 238-4867
  • Listing Office Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Listing Office Fax: (760) 888-9112
  • Selling Office Address: 515 S Myrtle Ave Ste B, Monrovia, CA 91016
  • Land Type: Fee
  • Subdivision: Corte Melina
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave Oven, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Fireplace Features: Gas
  • Flooring: Bamboo
  • Bedroom Features: Main Floor Bedroom
  • Total Bedrooms: 1
  • Bathroom Features: Double Vanity(s), Remodeled, Shower Stall
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Laundry Area
  • Estimated Sq Ft: 760.00
  • Windows Treatments: Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Garage Door Opener
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Controlled Access, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • HOA Fee 2: 66.00
  • Total Monthly Association Fees: 366.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 93543704
  • Irrigation: Sprinkler System

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 26, 2020
Sold by
Lehman Corey Richard
Bought by
Nadal Erjosephine
Seller's Agent
Carla Lehman
Premier Properties
Buyer's Agent
Haydee De Dios
COLDWELL BANKER EXCLUSIVE
List Price
$364,000
Sold Price
$362,000
Premium/Discount to List
-$2,000
-0.55%
Current Estimated Value
$542,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,705
Avg. Annual Appreciation
7.87%
Original Mortgage
$325,800
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Soto Mario A
Bought by
Lehman Corey Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,150
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Terry Nathan J
Bought by
Soto Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,610
Interest Rate
6.85%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Chase Koreen Kim
Bought by
Terry Nathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,730
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 1995
Sold by
Corte Melina Partners Ltd
Bought by
Chase Koreen Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,350
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nadal Erjosephine $362,000 Lawyers Title
Lehman Corey Richard $337,000 First American Title Co
Soto Mario A $163,000 Lawyers Title Company
Terry Nathan J $109,000 Fidelity National Title Ins
Chase Koreen Kim $80,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nadal Erjosephine $333,600
Closed Nadal Erjosephine $325,800
Previous Owner Lehman Corey Richard $320,150
Previous Owner Soto Mario A $152,500
Previous Owner Soto Mario A $33,750
Previous Owner Soto Mario A $146,610
Previous Owner Terry Nathan J $105,730
Previous Owner Chase Koreen Kim $78,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $362,000 -0.5% $476 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $364,000 0.0% $479 / Sq Ft
03/08/2019 03/08/19 Rented $1,850 0.0% --
03/03/2019 03/03/19 Under Contract -- -- --
02/12/2019 02/12/19 Price Changed $1,850 -2.6% $2 / Sq Ft
02/04/2019 02/04/19 For Rent $1,900 0.0% --
10/18/2017 10/18/17 Rented $1,900 0.0% --
10/07/2017 10/07/17 Price Changed $1,900 0.0% $3 / Sq Ft
10/07/2017 10/07/17 For Rent $1,900 +2.7% --
09/25/2017 09/25/17 Under Contract -- -- --
09/15/2017 09/15/17 Price Changed $1,850 -5.1% $2 / Sq Ft
07/21/2017 07/21/17 For Rent $1,950 +32.2% --
04/17/2014 04/17/14 Rented $1,475 -4.8% --
04/17/2014 04/17/14 For Rent $1,550 +10.7% --
01/25/2012 01/25/12 Rented $1,400 0.0% --
01/25/2012 01/25/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $1,400 -- --
Source: California Desert Association of REALTORS®

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 $4,064 $395,898 $279,215 $116,683
2024 $4,064 $388,136 $273,740 $114,396
2023 $3,972 $380,526 $268,373 $112,153
2022 $3,905 $373,065 $263,111 $109,954
2021 $3,454 $365,750 $257,951 $107,799
2020 $3,564 $339,660 $222,916 $116,744
2019 $3,944 $333,000 $218,545 $114,455
2018 $3,963 $333,000 $218,545 $114,455
2017 $4,086 $333,000 $218,545 $114,455
2016 $3,903 $298,000 $183,545 $114,455
2015 $3,673 $271,000 $156,545 $114,455
2014 $3,192 $236,175 $121,720 $114,455
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219041835

California Desert Association of REALTORS®

APN: 935-437-04