NOT LISTED FOR SALE

42 Tierra Montanosa Rancho Santa Margarita, CA 92688

Estimated Value: $767,000 - $787,000

2 Beds
2 Baths
1,253 Sq Ft
$599/mo HOA Fee

Last Sold July 18, 2024

Last sale price $755,000 $603 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,260/month

48 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • View of Trees or Woods
  • Melinda Heights Elementary School Rated A-
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of July 2024

**BACK ON MARKET WITH NEW PRICE ADJUSTMENT!* Your opportunity to now scoop up this beautiful, totally move in ready home! Perfectly light and bright yet all you see is trees looking out main living areas and deck. Arguably one of the better locations in the complex with extra privacy and view. Tons of upgrades in this 2 bed / 2 full bath PLUS loft which is perfect for home office or even additional open guest bed area. Main living areas and bedrooms all on same upper level with no one above or below this townhome. Cozy gas fireplace and soaring ceiling in living room. Beautiful newer neutral LVP in main areas and higher grade neutral carpet in bedrooms. Gorgeous newer counters in kitchen and baths with sleek and modern dark fixtures. Gas stove in kitchen. Entertain or just enjoy your morning coffee on the private feeling deck that backs to tree line and beautiful breezes. Newer PEX repipe, newer AC, newer water heater. Direct access 2 car garage includes washer and dryer. Complex amenities include pool and spa. Of course includes access to all the awesome amenities beautiful master planned RSM has to offer such as beach club, tennis, and more including highly rated schools (check greatschools.com for own review) and lake and shopping and, and, and! Walking distance to elementary.

Last Agent to Sell the Property

Jennifer Hart

eXp Realty of California Inc Brokerage Phone: 949-244-4060 License #01339895 Listed on: 05/15/2024

eXp Realty of California Inc

Last Buyer's Agent

Aaron Aalcides

Epique Realty License #01948003

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1996 | Remodeled

Lot Details

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

HOA Fees

Parking

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

Interior Spaces

  • 1,253 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Gas Fireplace
  • Family Room
  • Living Room with Attached Deck
  • Dining Room
  • Loft
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Melinda Heights Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 14552
  • Assessor Parcel Number 93812284
  • $79 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Tierra Montanosa Association, Phone Number (800) 428-5588
  • Samlarc Association, Phone Number (800) 428-5588
  • Tierra Montanosa Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,065

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$599 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: Jennifer
  • Inclusions: Washer and Dryer
  • Other Phone Description: 9492444060
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Tierra Montanosa (TIEM)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93812284
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1253.00 Square Feet
  • Interior Amenities: Living Room Deck Attached, Quartz Counters, Two Story Ceilings
  • Stories: 2
  • Entry Location: Ground floor
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 602.55
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Loft, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters, Upgraded

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse, Banquet Facilities, Meeting Room
  • Association Fee: 518.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Montanosa
  • Phone: 8004285588
  • Association Phone #2: 8004285588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Tierra Montanosa
  • Association Management 2: SAMLARC

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Melinda Heights
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.65476600

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 200

Tax Info

  • Tax Census Tract: 320.49
  • Tax Lot: 4
  • Tax Tract Number: 14552
  • TaxOtherAnnualAssessmentAmount: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 12, 2024
Sold by
Alexander Joshua
Bought by
Annie El Sabban 2024 Trust and Sabban
Seller's Agent
Jennifer Hart
eXp Realty of California Inc
Buyer's Agent
Aaron Aalcides
Epique Realty
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Views
44
Current Estimated Value
$777,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,968
Avg. Annual Appreciation
2.42%
Original Mortgage
$430,000
Outstanding Balance
$426,746
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$348,169

Purchase Details

Listed on
Oct 22, 2015
Closed on
Mar 17, 2016
Sold by
Abrams Steve Z and Koren Gali
Bought by
Alexander Joshua
Seller's Agent
Diane Merassa
Aspero Realty, Inc
Buyer's Agent
Ryan Argue
Plan A Real Estate
List Price
$449,800
Sold Price
$418,000
Premium/Discount to List
-$31,800
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$376,200
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 25, 2012
Closed on
Mar 28, 2013
Sold by
Paglomutan Rogelio A and Paglomutan Maria Sheila
Bought by
Abrams Avi S and Koren Gali
Seller's Agent
Todd Muradian
Aspero Realty, Inc
Buyer's Agent
Cecilia Mehrassa
Aspero Realty, Inc
Sold Price
$246,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.60%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Gutman Michael
Bought by
Paglomutan Rogelio A and Paglomutan Maria Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,600
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 7, 1997
Sold by
Tierra Ltd
Bought by
Gutman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
6.5%
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
Annie El Sabban 2024 Trust $755,000 First American Title
Alexander Joshua $418,000 California Title Company
Abrams Avi S $246,500 California Title Company
Paglomutan Rogelio A $472,000 Landwood Title Company
Gutman Michael $152,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annie El Sabban 2024 Trust $430,000
Previous Owner Alexander Joshua $393,750
Previous Owner Alexander Joshua $376,200
Previous Owner Paglomutan Rogelio A $23,600
Previous Owner Paglomutan Rogelio A $330,400
Previous Owner Gutman Michael $134,230
Previous Owner Gutman Michael $100,000
Previous Owner Gutman Michael $143,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $755,000 -1.3% $603 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $765,000 -1.3% $611 / Sq Ft
05/15/2024 05/15/24 For Sale $775,000 +85.4% $619 / Sq Ft
03/21/2016 03/21/16 Sold $418,000 -3.9% $331 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
11/24/2015 11/24/15 Price Changed $434,800 -1.1% $345 / Sq Ft
11/03/2015 11/03/15 Price Changed $439,800 -2.2% $349 / Sq Ft
10/22/2015 10/22/15 For Sale $449,800 +82.5% $357 / Sq Ft
04/09/2013 04/09/13 Sold $246,500 0.0% $195 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
05/25/2012 05/25/12 Off Market $246,500 -- --
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 $5,065 $755,000 $562,648 $192,352
2024 $5,065 $485,121 $312,471 $172,650
2023 $4,949 $475,609 $306,344 $169,265
2022 $4,866 $466,284 $300,337 $165,947
2021 $4,746 $457,142 $294,448 $162,694
2020 $4,738 $452,455 $291,429 $161,026
2019 $5,189 $443,584 $285,715 $157,869
2018 $5,611 $434,887 $280,113 $154,774
2017 $5,894 $426,360 $274,620 $151,740
2016 $3,774 $256,417 $104,797 $151,620
2015 $3,667 $252,566 $103,223 $149,343
2014 $3,955 $247,619 $101,201 $146,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24098385

California Regional Multiple Listing Service (CRMLS)

APN: 938-122-84