NOT LISTED FOR SALE

50 Picazo Rancho Santa Margarita, CA 92688

Estimated Value: $454,542 - $510,000

2 Beds
1 Bath
882 Sq Ft
$550/Sq Ft Est. Value

About This Home

This home is located at 50 Picazo, Rancho Santa Margarita, CA 92688 and is currently estimated at $484,886, approximately $549 per square foot. 50 Picazo 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Olivares Larry F
Bought by
Hojjatzadeh Soudabeh and Hojatzadeh Sepideh
Current Estimated Value
$484,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,604
Outstanding Balance
$384,609
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$100,277

Purchase Details

Closed on
Sep 27, 2013
Sold by
Yarbrough Barbara
Bought by
Olivares Larry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,165
Interest Rate
4.53%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2008
Sold by
First Newport Properties Llc
Bought by
Yarbrough Barbara and Barbara Kuljis Special Needs Trust

Purchase Details

Closed on
Jul 10, 2008
Sold by
Hernandez Martha
Bought by
First Newport Properties Llc

Purchase Details

Closed on
Jun 29, 2006
Sold by
Shah Vipul
Bought by
Hernandez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Robertson Marta P
Bought by
Shah Vipul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 19, 2003
Sold by
Wessels Dale L and Wessels Meredith J
Bought by
Roberson Marta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,830
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1998
Sold by
Hud
Bought by
Wessels Dale L and Wessels Meredith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.01%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 4, 1997
Sold by
Henry Steven R and Finger Michelle Y
Bought by
Sandia Mtg Corp

Purchase Details

Closed on
Aug 11, 1994
Sold by
Wilson Jayne E
Bought by
Parker Craig S and Craig S Parker Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Hojjatzadeh Soudabeh $432,000 Orange Coast Title
Olivares Larry F $245,000 Fidelity National Title
Yarbrough Barbara $180,000 Fidelity National Title Co
First Newport Properties Llc -- None Available
Hernandez Martha $332,000 United Title Company
Shah Vipul $305,000 Orange Coast Title
Roberson Marta P $240,000 Security Union Title
Wessels Dale L $81,000 Fidelity National Title Ins
Hud $75,807 --
Sandia Mtg Corp $75,807 --
Parker Craig S -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hojjatzadeh Soudabeh $395,604
Previous Owner Olivares Larry F $250,165
Previous Owner Hernandez Martha $265,600
Previous Owner Shah Vipul $244,000
Previous Owner Roberson Marta P $231,830
Previous Owner Wessels Dale L $64,800
Source: Public Records

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 $4,626 $449,452 $388,499 $60,953
2024 $4,626 $440,640 $380,882 $59,758
2023 $3,022 $288,551 $233,925 $54,626
2022 $2,972 $282,894 $229,339 $53,555
2021 $2,551 $277,348 $224,843 $52,505
2020 $2,895 $274,505 $222,538 $51,967
2019 $3,287 $269,123 $218,174 $50,949
2018 $3,242 $263,847 $213,897 $49,950
2017 $3,296 $258,674 $209,703 $48,971
2016 $3,514 $253,602 $205,591 $48,011
2015 $3,610 $249,793 $202,503 $47,290
2014 $3,539 $244,900 $198,536 $46,364
Source: Public Records

Map

California Orange County Rancho Santa Margarita 92688

50 Picazo, Rancho Santa Margarita, CA

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