NOT LISTED FOR SALE

5208 Avenida Despacio Laguna Woods, CA 92637

Estimated Value: $1,109,000 - $1,359,000

3 Beds
2 Baths
1,785 Sq Ft
$781/mo HOA Fee

Last Sold September 08, 2023

Last sale price $980,000 $549 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,248/month

7 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Spa
  • Community Stables
  • 24-Hour Security
  • 5-minute walk to Santa Vittoria Park

About This Home

As of September 2023

Truly in need of a fresh start with an incredible opportunity to have the home of your dreams in the highly sought Gate 11 location of Laguna Woods Village! This “VILLA PARAISA” single level model has 3 bedrooms, 2 bathrooms, almost 1800+/- square foot home with a 2 car garage and is just waiting for your transformation!! It features a welcoming formal entryway, spacious kitchen with plenty of prep room for meals and a casual “eat-in” kitchen area, formal dining room is off the kitchen and living room! The large living room has a fireplace and is open to the patio. The third bedroom can pull double duty as an office/bedroom with a built-in desk. This home is completed with a two car garage, additional built-in storage cabinets and a driveway that can accommodate an additional parking space for two cars. Not to mention street parking…it’s perfect when entertaining! This home is a total fixer and being sold "AS IS".
Laguna Woods is a gated ACTIVE Senior living community. With a 27-hole championship golf courses, a 9-hole executive par 3 course, tennis, pickleball, lawn bowling, two fitness centers, seven clubhouses, five swimming pools, an equestrian center, gardening opportunities, an art studio, a world-class woodshop, over 200 clubs and organizations, free bus transportation around the community and nearby shopping and bus trips, and an economical RV storage area. Located approximately six miles from Laguna Beach. Plus the HOA dues include water, trash, basic cable, and exterior building maintenance. All this to ENJOY!

Last Agent to Sell the Property

Jeannie Gibson

Laguna Premier Realty Inc. License #01076822 Listed on: 07/21/2023

Co-Listed By

Carolyn Myhra

Laguna Premier Realty Inc. License #00928222

Last Buyer's Agent

Katherine Platt

Century 21 Rainbow Realty License #01886007

Century 21 Rainbow Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,091

Year Built

  • Built in 1973

Lot Details

  • No Common Walls
  • Sprinkler System

HOA Fees

  • $781 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Fixer Upper

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Views of Hills
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7388
  • Assessor Parcel Number 93279208

Community Details

Overview

  • Senior Community
  • 12,736 Units
  • Third Mutual Association, Phone Number (949) 597-4200
  • Grf HOA
  • Leisure World Subdivision, Villa Paraisa Floorplan
  • RV Parking in Community

Amenities

  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Community Stables
  • Horse Trails

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,091

Year Built

Built in 1973

Lot Details

0

HOA Fees

$781 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community
  • Subdivision Name Other: Leisure World (LW)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93279208
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1785.00 Square Feet
  • Interior Amenities: Pantry, Unfurnished
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Family Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 549.02
  • Room Type: All Bedrooms Down, Entry, Main Floor Bedroom, Master Suite
  • Spa Features: Association
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Bocce Ball Court, Sport Court, Horse Trails, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Common RV Parking, Cable TV, Trash, Sewer, Water, Pet Rules, Security, Controlled Access
  • Association Fee: 780.93
  • Association Fee Frequency: Monthly
  • Association Name: Third Mutual
  • Phone: 949 597-4200
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Curbs, Golf, Gutters, Horse Trails, Stable(s), Sidewalks, Street Lights
  • Association Management: GRF

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 12736
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 7388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 25, 2023
Sold by
Carolyn King Trust
Bought by
Norman W Weissman And Nancijoy C Weissman Int and Weissman
Seller's Agent
Jeannie Gibson
Laguna Premier Realty Inc.
Buyer's Agent
Katherine Platt
Century 21 Rainbow Realty
List Price
$838,888
Sold Price
$980,000
Premium/Discount to List
$141,112
16.82%
Views
162
Current Estimated Value
$1,218,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,487
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
May 2, 2014
Sold by
King Carolyn
Bought by
King Carolyn and Carolyn King Trust

Purchase Details

Closed on
Dec 29, 2009
Sold by
Patton Mildred E
Bought by
King Carolyn
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
Norman W Weissman And Nancijoy C Weissman Int $980,000 Old Republic Title Company
King Carolyn -- None Available
King Carolyn $620,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Carolyn $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $980,000 +16.8% $549 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $838,888 -- $470 / 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 $10,091 $1,025,380 $829,830 $195,550
2024 $10,091 $980,000 $813,559 $166,441
2023 $7,892 $769,229 $610,169 $159,060
2022 $7,752 $754,147 $598,205 $155,942
2021 $7,598 $739,360 $586,475 $152,885
2020 $7,530 $731,779 $580,461 $151,318
2019 $7,379 $717,431 $569,080 $148,351
2018 $7,242 $703,364 $557,921 $145,443
2017 $7,098 $689,573 $546,981 $142,592
2016 $6,981 $676,052 $536,255 $139,797
2015 $6,897 $665,898 $528,200 $137,698
2014 $6,748 $652,854 $517,853 $135,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23134414

California Regional Multiple Listing Service (CRMLS)

APN: 932-792-08