NOT LISTED FOR SALE

40 Melrose Dr Mission Viejo, CA 92692

Estimated Value: $1,107,215 - $1,186,000

4 Beds
2.5 Baths
1,950 Sq Ft
$180/mo HOA Fee

Last Sold December 23, 2014

Last sale price $575,000 $295 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,721/month

100 Days on Market

Highlights

  • Private Pool
  • Dual Staircase
  • 2 Car Attached Garage
  • Bathgate Elementary School Rated A
  • Neighborhood Views
  • Concrete Porch or Patio

About This Home

As of December 2014

Located in cul de sac, 3 bedroom + large loft (could be 4th bdr), Two story home in resort like gated community Melrose. Conveniently located inside tract, walking distance to the pool. Main features are spacious entry, large living room with fireplace, formal dining room, center island in the kitchen. All three bedrooms and separate laundry room upstairs. Walk in closet in the master bedroom, jet tub and glass shower. Newly painted throughout, new carpet, new kitchen cabinets, new granite countertops, move-in condition. Oversized two car garage, full size driveway.

Last Agent to Sell the Property

Boris Solos

Realty Source, Inc License #01450325 Listed on: 08/13/2014

Last Buyer's Agent

Michelle Kader

Keller Williams Realty License #01438251

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,768

Year Built

  • Built in 1996

Lot Details

  • No Common Walls
  • Fenced
  • Fence is in fair condition

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Private Pool
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 14894
  • Assessor Parcel Number 93880442

Community Details

Overview

  • 130 Units
  • Melrose HOA
  • Lake Mission Viejo Association
  • Dresden

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,768

Year Built

Built in 1996

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • Subdivision Name Other: Melrose (MELR)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93880442
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1950.00
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 294.87
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition
  • Patio And Porch Features: Concrete
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lake Mission Viejo
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 160.00
  • Association #2 Fee: 20.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Melrose HOA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 130
  • Number Of Units Total: 130

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 14894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2020
Sold by
Abdulkader Hind
Bought by
Abdulkader Mohamad Nazih and Abdulkader Firial
Current Estimated Value
$1,141,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,800
Outstanding Balance
$299,434
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$842,370

Purchase Details

Listed on
Aug 13, 2014
Closed on
Dec 19, 2014
Sold by
Abdulkader Hind
Bought by
Abdulkader Hind and Abdulkader Mohamad Nazih
Seller's Agent
Boris Solos
Realty Source, Inc
Buyer's Agent
Michelle Kader
Keller Williams Realty
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 13, 2014
Closed on
Nov 26, 2014
Sold by
Ruderman Gennady
Bought by
Abdulkader Hind
Seller's Agent
Boris Solos
Realty Source, Inc
Buyer's Agent
Michelle Kader
Keller Williams Realty
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2009
Sold by
Klimenkoua Valentina
Bought by
Ruderman Gennady

Purchase Details

Closed on
Mar 30, 2004
Sold by
Ruderman Gennady
Bought by
Ruderman Gennady and Klimenkova Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2001
Sold by
Kimenkova Valentina
Bought by
Ruderman Gennady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2001
Sold by
Kopylov Galina and Klimenkova Ilona
Bought by
Ruderman Gennady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1995
Sold by
Kopylov Yury
Bought by
Kopylov Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
7.5%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Barratt American Inc
Bought by
Ruderman Gennady and Klimenkova Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
7.5%
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
Abdulkader Mohamad Nazih -- Boston National Title
Abdulkader Hind -- None Available
Abdulkader Hind $575,000 Orange Coast Title Company
Ruderman Gennady -- None Available
Ruderman Gennady -- First American Title Ins Co
Ruderman Gennady -- Equity Title
Ruderman Gennady -- Equity Title
Kopylov Galina -- First American Title Ins Co
Ruderman Gennady $202,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdulkader Mohamad Nazih $337,800
Closed Abdulkader Hind $375,000
Previous Owner Ruderman Gennady $302,000
Previous Owner Ruderman Gennady $297,000
Previous Owner Ruderman Gennady $297,000
Previous Owner Ruderman Gennady $181,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $575,000 -0.7% $295 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
11/15/2014 11/15/14 Price Changed $579,000 -1.0% $297 / Sq Ft
09/10/2014 09/10/14 Price Changed $585,000 -1.7% $300 / Sq Ft
08/13/2014 08/13/14 For Sale $595,000 -- $305 / 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 $6,768 $691,059 $408,043 $283,016
2024 $6,768 $677,509 $400,042 $277,467
2023 $6,611 $664,225 $392,198 $272,027
2022 $6,480 $651,201 $384,507 $266,694
2021 $6,352 $638,433 $376,968 $261,465
2020 $6,356 $631,887 $373,103 $258,784
2019 $6,232 $619,498 $365,788 $253,710
2018 $6,110 $607,351 $358,615 $248,736
2017 $5,990 $595,443 $351,584 $243,859
2016 $5,634 $583,768 $344,690 $239,078
2015 $6,332 $575,000 $339,513 $235,487
2014 $3,308 $273,742 $54,207 $219,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14173927

California Regional Multiple Listing Service (CRMLS)

APN: 938-804-42