NOT LISTED FOR SALE

Estimated Value: $603,057 - $643,000

2 Beds
1 Bath
930 Sq Ft
$406/mo HOA Fee

Last Sold September 15, 2023

Last sale price $570,000 $613 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,284/month

99 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Community Lake
  • Rancho Santa Margarita Intermediate School Rated A
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of September 2023

BACK ON MARKET! New HVAC! Buyer couldn’t perform! Welcome Home! This beautiful 2 BR 1 Ba home is located in the highly sought after community of Corte Melina. The open-concept plan has all the main living space on one level. You enter the front door to a family room and dining area with ample windows giving plenty of natural light and newer laminate flooring. Relax in the family room with a gas fireplace or enjoy your meal in the dining space. The kitchen boasts bright white cabinets and granite counter tops, including an eating or serving bar. Directly off the family room is a spacious master bedroom, mirrored wardrobes, and a private balcony. The bathroom has been remodeled tastefully with glass shower doors and new flooring. Downstairs, choose this room as an office or extra bedroom with interior full-size laundry. You cannot beat the location within walking distance to shopping, restaurants, parks, trails and more. Residents of RSM enjoy access to the Lake, Parks, Playgrounds and the SAMLARC Beach Club. Each access to 241 and 5 freeway.

Last Agent to Sell the Property

Debbi-An Purpura

First Team Real Estate License #02056021 Listed on: 05/17/2023

First Team Real Estate

Last Buyer's Agent

Jennifer Wilford

Coast Real Estate Services License #01082005

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1994 | Remodeled

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 930 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Schools

  • Cielo Vista Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 14612
  • Assessor Parcel Number 93543645
  • $85 per year additional tax assessments

Community Details

Overview

  • 156 Units
  • Corte Melina Association, Phone Number (949) 448-6000
  • Samlarc Association, Phone Number (949) 448-6135
  • First Service Residential HOA
  • Corte Melina Subdivision
  • Community Lake
  • Foothills

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,967

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$406 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Corte Melina (CM)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93543645
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 930.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Pantry
  • Stories: 3
  • Entry Location: /
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 612.90
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Spa Features: Association, Community
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room
  • Association Fee: 325.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Corte Melina
  • Phone: 949-448-6000
  • Association Phone #2: 949-448-6135
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Foothills, Hiking, Lake, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Cielo Vista
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Cielo Vista
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: CIEVIS
  • High School2: TRAHIL

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 156
  • Number Of Units Total: 156

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 14612
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 30, 2023
Sold by
Purpura Michael J
Bought by
Nason Samantha N
Seller's Agent
Debbi-An Purpura
First Team Real Estate
Buyer's Agent
Jennifer Wilford
Coast Real Estate Services
List Price
$569,999
Sold Price
$570,000
Premium/Discount to List
$1
0.0%
Views
167
Current Estimated Value
$620,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,514
Avg. Annual Appreciation
2.63%
Original Mortgage
$390,000
Outstanding Balance
$382,007
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$217,236

Purchase Details

Listed on
Jul 10, 2017
Closed on
Jul 21, 2017
Sold by
Dell Anno Cheryl L
Bought by
Purpura Michael J
Seller's Agent
Cynthia Dillman
Cynthia Dillman, Broker
Buyer's Agent
Jason Van Geem
Bullock Russell RE Services
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$300,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Shumar Chandra A
Bought by
Dellanno Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Spiegel Lynne E
Bought by
Shumar Chandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 1999
Sold by
Fraser Sally
Bought by
Fraser Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,430
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1999
Sold by
Fraser Bruce E
Bought by
Spiegel Lynne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,430
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1994
Sold by
Corte Melina Partners Ltd
Bought by
Fraser Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,450
Interest Rate
7.84%
Mortgage Type
Assumption
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
Nason Samantha N $570,000 Western Resources Title
Purpura Michael J $375,000 First American Title Co
Dellanno Cheryl L $160,000 Netco Title Company
Shumar Chandra A $350,000 Ticor Title Company
Fraser Bruce E -- Lawyers Title Company
Spiegel Lynne E $119,000 Lawyers Title Company
Fraser Bruce E $104,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nason Samantha N $390,000
Previous Owner Purpura Michael J $269,381
Previous Owner Purpura Michael J $300,000
Previous Owner Dellanno Cheryl L $128,000
Previous Owner Shumar Chandra A $75,000
Previous Owner Shumar Chandra A $280,000
Previous Owner Spiegel Lynne E $40,000
Previous Owner Spiegel Lynne E $30,000
Previous Owner Spiegel Lynne E $20,000
Previous Owner Spiegel Lynne E $150,000
Previous Owner Spiegel Lynne E $25,000
Previous Owner Spiegel Lynne E $115,430
Previous Owner Fraser Bruce E $106,450
Closed Shumar Chandra A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $570,000 +3.6% $613 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/12/2023 08/12/23 Price Changed $550,000 -3.5% $591 / Sq Ft
08/03/2023 08/03/23 For Sale $569,999 0.0% $613 / Sq Ft
07/25/2023 07/25/23 Off Market $570,000 -- --
06/30/2023 06/30/23 For Sale $569,999 0.0% $613 / Sq Ft
06/29/2023 06/29/23 Off Market $570,000 -- --
06/01/2023 06/01/23 Price Changed $569,999 -3.7% $613 / Sq Ft
05/18/2023 05/18/23 For Sale $592,000 +57.9% $637 / Sq Ft
08/21/2017 08/21/17 Sold $375,000 0.0% $403 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $375,000 -- $403 / 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 $5,967 $581,400 $440,986 $140,414
2024 $5,967 $570,000 $432,339 $137,661
2023 $4,279 $410,115 $290,322 $119,793
2022 $4,207 $402,074 $284,629 $117,445
2021 $3,748 $394,191 $279,048 $115,143
2020 $4,097 $390,150 $276,187 $113,963
2019 $4,574 $382,500 $270,771 $111,729
2018 $4,508 $375,000 $265,461 $109,539
2017 $1,877 $173,160 $52,203 $120,957
2016 $2,098 $169,765 $51,179 $118,586
2015 $2,170 $167,215 $50,410 $116,805
2014 $2,133 $163,940 $49,423 $114,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23085286

California Regional Multiple Listing Service (CRMLS)

APN: 935-436-45