NOT LISTED FOR SALE

53 Camino Del Oro Rancho Santa Margarita, CA 92688

Estimated Value: $705,000 - $845,000

2 Beds
2 Baths
1,300 Sq Ft
$410/mo HOA Fee

Last Sold March 14, 2018

Last sale price $475,000 $365 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,042/month

19 Days on Market

Highlights

  • 60,330,600 Sq Ft lot
  • Main Floor Primary Bedroom
  • Community Pool
  • Melinda Heights Elementary School Rated A-
  • Loft
  • 1 Car Attached Garage

About This Home

As of March 2018

Very charming 2 bedroom 2 bath plus 1 car attached garage condominium in Rancho Santa Margarita. Second bedroom is on the 3rd level with its own bath in its own private hideaway. High ceiling in living room area with balcony access. This home is turnkey! Great for first time homebuyers, college students or empty nesters. Conveniently located near schools, shopping, restaurants, banks, freeways and toll roads.

Last Agent to Sell the Property

Libby Sparks

GSPRE License #00925370 Listed on: 01/24/2018

Last Buyer's Agent

Maxine Larson

RE/MAX Fine Homes License #00624008

RE/MAX Fine Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 1995

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14220
  • Assessor Parcel Number 93374532

Community Details

Overview

  • 2,044 Units
  • Cabo Vista Association, Phone Number (800) 428-5588

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,539

Year Built

Built in 1995

Lot Details

0

HOA Fees

$410 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93374532
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 365.38
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area
  • Association Fee: 355.00
  • Association #2 Fee: 55.20
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cabo Vista
  • Phone: 8004285588
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Suburban

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 60330600.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2044
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 14220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 5, 2018
Sold by
Fong Soek Wai
Bought by
Young Guy Gregory
Seller's Agent
Libby Sparks
GSPRE
Buyer's Agent
Maxine Larson
RE/MAX Fine Homes
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Current Estimated Value
$765,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,195
Avg. Annual Appreciation
6.26%
Original Mortgage
$403,700
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 30, 2014
Sold by
Higdon Gregory L and Higdon Kelly
Bought by
Fong Soek Wai
Seller's Agent
William & Kathleen Kiang
Regency Real Estate Brokers
Buyer's Agent
Libby Sparks
GSPRE
List Price
$399,800
Sold Price
$400,000
Premium/Discount to List
$200
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$320,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2013
Sold by
Higdon Gregory Lynn and Higdon Kelly Jeanne
Bought by
Higdon Gregory L and Higdon Kelly

Purchase Details

Closed on
May 6, 2008
Sold by
Maloney Sharon K
Bought by
Higdon Gregory Lynn and Higdon Kelly Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Young Guy Gregory $475,000 Chicago Title Co
Fong Soek Wai $400,000 Orange Coast Title
Higdon Gregory L -- None Available
Higdon Gregory Lynn $350,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Guy Gregory $406,000
Closed Young Guy Gregory $405,000
Closed Young Guy Gregory $405,000
Closed Young Guy Gregory $407,000
Closed Young Guy Gregory $403,700
Previous Owner Fong Soek Wai $315,000
Previous Owner Fong Soek Wai $320,000
Previous Owner Higdon Gregory Lynn $350,000
Previous Owner Maloney Sharon K $260,000
Previous Owner Maloney Sharon K $190,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $475,000 -1.0% $365 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $479,900 -2.0% $369 / Sq Ft
01/24/2018 01/24/18 For Sale $489,900 +22.5% $377 / Sq Ft
05/27/2014 05/27/14 Sold $400,000 +0.1% $308 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $399,800 -- $308 / 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 $5,539 $540,466 $386,841 $153,625
2024 $5,539 $529,869 $379,256 $150,613
2023 $5,411 $519,480 $371,820 $147,660
2022 $5,322 $509,295 $364,530 $144,765
2021 $5,189 $499,309 $357,382 $141,927
2020 $5,183 $494,190 $353,718 $140,472
2019 $5,741 $484,500 $346,782 $137,718
2018 $5,559 $430,946 $299,541 $131,405
2017 $5,826 $422,497 $293,668 $128,829
2016 $5,807 $414,213 $287,910 $126,303
2015 $5,709 $407,992 $283,586 $124,406
2014 $4,571 $329,000 $192,618 $136,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18018281

California Regional Multiple Listing Service (CRMLS)

APN: 933-745-32