NOT LISTED FOR SALE

51 Morning Glory Unit 38 Rancho Santa Margarita, CA 92688

Estimated Value: $644,584 - $857,000

2 Beds
2 Baths
1,112 Sq Ft
1990 Built

Last Sold July 18, 2013

Last sale price $335,000 $301 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,183/month

Highlights

  • In Ground Pool
  • No Units Above
  • Cathedral Ceiling
  • Rancho Santa Margarita Intermediate School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2013

Super Sharp 2-bed / 2-bath / 2-car attached garage end-unit includes vaulted ceilings in both the Living room, dining area and Master bedroom. Neutral paint thru-out, granite kitchen countertops, rich hardwood flooring, newer furnace, plus lots of designer features. Central A/C with Whole House Fan. Property is centrally located to all RSM amenities with easy access to the 241 tollroad, shops/stores, restaurants, parks, etc. Rental includes access/use to the community beach club. Community pool and spa are located just steps away from the unit. Rental also includes Washer and Gas Dryer, which are located in the attached garage, plus there's a brand new side-by-side refrigerator with water dispenser/ice-maker that is included as well. *** NO SMOKERS ***

Last Agent to Rent the Property

Margret Hoppe

PreviewOC Real Estate License #01399908 Listed on: 07/19/2013

Co-Listed By

James Hoppe

Costera Luxury Properties License #01390168

Last Renter's Agent

Lynnea Ahrens

Landmark Realtors License #01704052

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Central Water Heater

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Security Deposit $2,100
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Tax Lot 3
  • Tax Tract Number 13657
  • Assessor Parcel Number 93375247

Community Details

Overview

  • Property has a Home Owners Association
  • 130 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,212

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2100
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Assessments: Yes
  • Inclusions: Gardener, HOA Dues, Washer, Gas Dryer + Brand new side-by-side refrigerator (Paid/Provided By Landlord)
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Sonoma Court (SCT)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93375247
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1112.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 1.89
  • Room Type: Attic, All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground

Exterior Features

  • Foundation: Slab
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: 11-15 Units/Acre

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 130
  • Number Of Units Total: 130
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 13657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 17, 2013
Sold by
Tam Paul and Tam Kathy S
Bought by
Tam Paul and Tam Kathy Shen
Seller's Agent
Margret Hoppe
PreviewOC Real Estate
Buyer's Agent
Lynnea Ahrens
Landmark Realtors
Sold Price
$2,100
Current Estimated Value
$728,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,296
Avg. Annual Appreciation
6.52%

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 16, 2013
Sold by
Westervelt Theresa Catherine
Bought by
Westervelt Daniel E
Seller's Agent
Margret Hoppe
PreviewOC Real Estate
Buyer's Agent
Lynnea Ahrens
Landmark Realtors
Sold Price
$2,100

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 1, 2013
Sold by
Westervelt Daniel E
Bought by
Tam Paul and Tam Kathy S
Seller's Agent
Margret Hoppe
PreviewOC Real Estate
Buyer's Agent
Lynnea Ahrens
Landmark Realtors
Sold Price
$2,100

Purchase Details

Closed on
Jun 12, 2003
Sold by
Thomas David M
Bought by
Westervelt Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Thomas Doreen A
Bought by
Thomas David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.11%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Thomas David M
Bought by
Thomas David M and Thomas Doreen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
8.53%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Thomas Doreen A
Bought by
Thomas David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
8.53%

Purchase Details

Closed on
May 10, 2000
Sold by
Lamberta Steve
Bought by
Thomas David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
8.53%
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
Tam Paul -- Accommodation
Westervelt Daniel E -- Lawyers Title
Tam Paul $335,000 Lawyers Title
Westervelt Daniel E $306,000 California Title Company
Thomas David M -- Orange Coast Title
Thomas David M -- --
Thomas David M -- Fidelity National Title Co
Thomas David M $184,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westervelt Daniel E $290,700
Previous Owner Thomas David M $193,500
Previous Owner Thomas David M $147,200
Closed Thomas David M $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2013 07/31/13 Rented $2,100 0.0% --
07/29/2013 07/29/13 Under Contract -- -- --
07/19/2013 07/19/13 For Rent $2,100 0.0% --
07/18/2013 07/18/13 Sold $335,000 -4.3% $301 / Sq Ft View Prior Sale
06/07/2013 06/07/13 Price Changed $350,000 +2.3% $315 / Sq Ft
06/02/2013 06/02/13 Price Changed $342,000 -2.3% $308 / Sq Ft
05/21/2013 05/21/13 For Sale $350,000 +4.5% $315 / Sq Ft
05/18/2013 05/18/13 Off Market $335,000 -- --
04/28/2013 04/28/13 For Sale $350,000 -- $315 / 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 $4,212 $410,659 $276,573 $134,086
2024 $4,212 $402,607 $271,150 $131,457
2023 $4,116 $394,713 $265,833 $128,880
2022 $4,047 $386,974 $260,621 $126,353
2021 $3,504 $379,387 $255,511 $123,876
2020 $3,940 $375,497 $252,891 $122,606
2019 $4,373 $368,135 $247,933 $120,202
2018 $4,309 $360,917 $243,071 $117,846
2017 $4,359 $353,841 $238,305 $115,536
2016 $4,617 $346,903 $233,632 $113,271
2015 $4,722 $341,693 $230,123 $111,570
2014 $4,629 $335,000 $225,615 $109,385
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2013

    Margret Hoppe

    PreviewOC Real Estate

  • Christopher Jordan

    Seller's Agent in 2013

    Christopher Jordan

    Partners Real Estate

    (949) 510-3196

    4 in this area

    13 Total Sales

    Christopher Jordan
    Section Image
  • James Hoppe

    Landlord's Co-Listing Agent in 2013

    James Hoppe

    Costera Luxury Properties

    (949) 400-1072

    14 Total Sales

    James Hoppe
    Section Image

  • L

    Tenant's Agent in 2013

    Lynnea Ahrens

    Landmark Realtors

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13142487

California Regional Multiple Listing Service (CRMLS)

APN: 933-752-47

California Orange County Rancho Santa Margarita 92688

51 Morning Glory Unit 38, Rancho Santa Margarita, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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