NOT LISTED FOR SALE

5 Floramar Unit 112 Rancho Santa Margarita, CA 92688

Estimated Value: $800,358 - $910,000

2 Beds
2.5 Baths
1,342 Sq Ft
$305/mo HOA Fee

Last Sold February 11, 2013

Last sale price $383,000 $285 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,311/month

4 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Granite Countertops
  • Trabuco Mesa Elementary School Rated A
  • Mountain View
  • 3-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of February 2013

This home is located at 5 Floramar Unit 112, Rancho Santa Margarita, CA 92688 since 31 December 2012 and is currently estimated at $845,840, approximately $630 per square foot. This property was built in 1986. 5 Floramar Unit 112 is a home located in Orange County with nearby schools including Trabuco Mesa Elementary School, Rancho Santa Margarita Intermediate School, and Trabuco Hills High School.

Last Agent to Sell the Property

Flo Bullock

Bullock Russell RE Services License #01343119 Listed on: 12/31/2012

Bullock Russell RE Services

Last Buyer's Agent

David Crandall

Crandall, David License #00995075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,342 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room
  • Dining Room
  • Carpet
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12459
  • Assessor Parcel Number 93188562

Community Details

Overview

  • Association Phone (949) 768-7261
  • Orchid

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,766

Year Built

Built in 1986

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-614-0071
  • Property Attached: Yes
  • Subdivision Name Other: Floramar
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93188562
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1342.00
  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 285.39
  • Room Type: Living Room, Master Suite, Walk-In Pantry
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: No
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Gas Cooking, Disposal, Oven, Range, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 250.00
  • Association #2 Fee: 55.00
  • Association Fee Frequency: Monthly
  • Phone: 949-768-7261
  • Senior Community: No

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 1342.00
  • Lot Size Acres: 0.0310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1342.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 12459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2016
Sold by
Johnston Michael T and Johnston Cynthia
Bought by
The Johnston Family Trust
Current Estimated Value
$845,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$287,389
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$516,251

Purchase Details

Closed on
Jun 2, 2016
Sold by
Johnston Michael T and Johnston Cynthia
Bought by
Johnston Michael T and Johnston Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$287,389
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$516,251

Purchase Details

Closed on
Jan 30, 2016
Sold by
Johnston Michael and Johnston Cynthia
Bought by
Johnston Family Trust

Purchase Details

Closed on
Jan 22, 2015
Sold by
Johnston Michael T and Johnston Cynthia L
Bought by
Johnston Michael and Johnston Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2012
Closed on
Jan 7, 2013
Sold by
Bernd Paul R
Bought by
Johnston Michael T and Johnston Cynthia L
Seller's Agent
Flo Bullock
Bullock Russell RE Services
Buyer's Agent
David Crandall
Crandall, David
List Price
$383,000
Sold Price
$383,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$350,732
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bend Marta
Bought by
Bend Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 2009
Sold by
Pittu James
Bought by
Bernd Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1996
Sold by
Jones Robert H and Jones Lorraine A
Bought by
Pittu James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1993
Sold by
Wittenberg Livingston Inc
Bought by
Jones Robert H and Jones Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
6.85%
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
The Johnston Family Trust -- Ticor Title Company Of Ca
Johnston Michael T -- Ticor Title Company Of Ca
Johnston Family Trust -- None Available
Johnston Michael -- None Available
Johnston Michael -- First American Title Company
Johnston Michael T $383,000 Fidelity National Title Oran
Bend Paul R -- First American Title Company
Bernd Paul R $360,000 First American Title Company
Pittu James $143,000 Landwood Title Company
Jones Robert H $137,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Michael T $30,000
Open Johnston Michael T $360,000
Closed Johnston Michael $318,000
Closed Johnston Michael $43,000
Closed Johnston Michael T $350,732
Previous Owner Bernd Paul R $353,479
Previous Owner Pittu James $287,000
Previous Owner Pittu James $220,000
Previous Owner Pittu James $180,000
Previous Owner Pittu James $137,700
Previous Owner Jones Robert H $124,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $383,000 0.0% $285 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
12/31/2012 12/31/12 For Sale $383,000 -- $285 / 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 $4,766 $471,631 $331,485 $140,146
2024 $4,766 $462,384 $324,985 $137,399
2023 $4,656 $453,318 $318,613 $134,705
2022 $4,576 $444,430 $312,366 $132,064
2021 $3,873 $435,716 $306,241 $129,475
2020 $4,455 $431,249 $303,101 $128,148
2019 $4,977 $422,794 $297,158 $125,636
2018 $4,904 $414,504 $291,331 $123,173
2017 $4,968 $406,377 $285,619 $120,758
2016 $5,334 $398,409 $280,018 $118,391
2015 $5,472 $392,425 $275,812 $116,613
2014 $5,367 $384,738 $270,409 $114,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S721794

California Regional Multiple Listing Service (CRMLS)

APN: 931-885-62