NOT LISTED FOR SALE

5368 Algarrobo Unit 1A Laguna Woods, CA 92637

Estimated Value: $298,000 - $358,454

2 Beds
2 Baths
894 Sq Ft
$832/mo HOA Fee

Last Sold August 12, 2024

Last sale price $290,000 $324 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,612/month

10 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Active Adult
  • Fitness Center
  • Spa
  • RV Parking in Community

About This Home

As of August 2024

Are you looking for a good two bedroom / two bath condominium in Orange County for under $300,000, look no further! Located in the Premiere 55+ Active Senior Retirement Community of Laguna Woods Village. This end unit is located on the first floor of a three-story building and has a great private greenbelt view. The unit is in original condition and is being sold AS IS. If you can handle the needed remodeling to make it your own or for a fixer upper to flip and make a little cash, this could be right condo unit for you. Owning in Laguna Woods Village includes amenities like two golf courses, tennis, paddle ball, pickleball courts, 5 swimming pools, 800 seat theater, seven clubhouses, a large fitness center, a gardening center, RV storage, gated controlled access into the community and over 200 clubs and organizations ensuring you will never be bored living in Laguna Woods Village. Also, Laguna Wood Village is just about ten minutes away from beautiful Laguna Beach.

Last Agent to Sell the Property

Brent Heflin

Heflin Realty, Inc. Brokerage Phone: 562-715-7554 License #00886813 Listed on: 06/19/2024

Last Buyer's Agent

John Sturdevant

Regency Real Estate Brokers License #01193545

Regency Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac

HOA Fees

  • $832 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Common Roof

Interior Spaces

  • 894 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Fireplace in Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Central Heating
  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7887
  • Assessor Parcel Number 93295007

Community Details

Overview

  • Active Adult
  • Master Insurance
  • 12,736 Units
  • Third Laguna Hills Mutual Association, Phone Number (949) 597-4200
  • Vms Inc HOA
  • Built by Rossmoor Corporation
  • Aragon
  • Maintained Community
  • RV Parking in Community

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,006

Year Built

Built in 1975

Lot Details

0

HOA Fees

$832 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant
  • Subdivision Name Other: Laguna Woods Village
  • View: Yes
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93295007
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 894.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 324.38
  • Room Type: Entry, Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Builder Name: Rossmoor Corporation
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Refrigerator
  • Heating Type: Central, Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Sauna, Golf Course, Tennis Court(s), Paddle Tennis, Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Meeting Room, Common RV Parking, Cable TV, Insurance, Maintenance Grounds, Trash, Sewer, Water, Controlled Access
  • Association Fee: 831.65
  • Association Fee Frequency: Monthly
  • Association Name: Third Laguna Hills Mutual
  • Phone: 949-597-4200
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Curbs, Golf, Sidewalks, Storm Drains, Street Lights
  • Association Management: VMS Inc

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Cul-De-Sac
  • Latitude Manual: 33.61295500

Multi Family

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

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 7887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 2, 2024
Sold by
Dorcas Mccormick Trust and Mccormick Dorcas
Bought by
Woolsey Scott
Seller's Agent
Brent Heflin
Heflin Realty, Inc.
Buyer's Agent
John Sturdevant
Regency Real Estate Brokers
List Price
$290,000
Sold Price
$290,000
Views
78
Current Estimated Value
$320,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,818
Avg. Annual Appreciation
8.86%
Original Mortgage
$145,000
Outstanding Balance
$143,356
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$177,462

Purchase Details

Closed on
Dec 13, 2021
Sold by
Soleimani Babak
Bought by
Li Richard Leechung and Cai Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Mccormick Dorcas C
Bought by
The Dorcas Mccormick Trust

Purchase Details

Closed on
Oct 20, 1998
Sold by
Mccleerey Charlotte E
Bought by
Mccormick Dorcas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.6%
Source: Public Records

Range of Values:

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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
Woolsey Scott $290,000 Old Republic Title
Li Richard Leechung $950,000 Lawyers Title Company
The Dorcas Mccormick Trust -- --
Mccormick Dorcas C $64,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolsey Scott $145,000
Previous Owner Li Richard Leechung $618,750
Previous Owner Mccormick Dorcas C $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $290,000 0.0% $324 / Sq Ft
06/19/2024 06/19/24 For Sale $290,000 -- $324 / 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 $1,006 $290,000 $202,918 $87,082
2024 $1,006 $96,318 $36,389 $59,929
2023 $983 $94,430 $35,676 $58,754
2022 $965 $92,579 $34,977 $57,602
2021 $946 $90,764 $34,291 $56,473
2020 $938 $89,834 $33,940 $55,894
2019 $919 $88,073 $33,274 $54,799
2018 $902 $86,347 $32,622 $53,725
2017 $884 $84,654 $31,982 $52,672
2016 $870 $82,995 $31,355 $51,640
2015 $859 $81,749 $30,884 $50,865
2014 $841 $80,148 $30,279 $49,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24122177

California Regional Multiple Listing Service (CRMLS)

APN: 932-950-07