NOT LISTED FOR SALE

5368 Algarrobo Unit 1D Laguna Woods, CA 92637

Estimated Value: $298,000 - $354,000

1 Bed
1 Bath
725 Sq Ft
0.34 Acres

Last Sold July 25, 2017

Last sale price $185,000 $255 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,970/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Senior Community
  • Community Stables
  • Heated Pool
  • 0.34 Acre Lot

About This Home

As of March 2023

GREAT LEASE IN LAGUNA WOODS: 55 + Community, 1 bedroom with walk-in closet, 1 Bath GROUND FLOOR Aragon manor. No steps to laundry room. Close to parking, laundry, and to clubhouse 6. Beautiful View of nearby hills and Irvine Spectrum. Unit is conveniently located near Gate 10. A great VALUE AT $2250. HOME IS GETTING NEW WINDOWS, NEW RANGE, NEW DISHWASHER AND FRESH PAINT-HAS LAMINATE FLOORING

Last Agent to Rent the Property

Robert Levy

Laguna Premier Realty Inc. License #00351183 Listed on: 02/27/2023

Last Renter's Agent

C. Stefany Druckenmiller

Harcourts Prime Properties License #02089838

Harcourts Prime Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls

Interior Spaces

  • 725 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating
  • Air Source Heat Pump

Listing and Financial Details

  • Security Deposit $2,400
  • Rent includes association dues, cable TV, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/27/23
  • Tax Lot 3
  • Tax Tract Number 7887
  • Assessor Parcel Number 93295010

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • $170 HOA Transfer Fee
  • 12,736 Units
  • Leisure World Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Card Room
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Dog Park
  • Community Stables
  • Horse Trails

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,138

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-03-27
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2400
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 170.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Leisure World (LW)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93295010
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 725.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.10
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Community, Heated
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Number Remotes: 5029
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Dog Park, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room, Card Room
  • Senior Community: Yes
  • Community Features: Curbs, Dog Park, Golf, Horse Trails, Stable(s), Sidewalks, Street Lights

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3444

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 15000.0000 Square Feet
  • Number Of Units In Community: 12736
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Cable TV, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 7887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jul 15, 2017
Sold by
Lee Darren H
Bought by
Lee Hae C
Seller's Agent
Jim Wright
Wright Realty Partners, Inc
Buyer's Agent
Karl Chu
RE/PRO Real Estate
List Price
$194,000
Sold Price
$185,000
Premium/Discount to List
-$9,000
-4.64%
Current Estimated Value
$327,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,210
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Wright George M and Wright Barbara Lee
Bought by
Lee Hae C

Purchase Details

Closed on
Aug 15, 2013
Sold by
Wright George M and Wright Barbara Lee
Bought by
Wright George M and Wright Barbara Lee

Purchase Details

Closed on
Aug 13, 2013
Sold by
Wright George M and Wright Barbara L
Bought by
Wright George M and Wright Barbara Lee

Purchase Details

Closed on
Aug 10, 2004
Sold by
James Mark and James Sandra H
Bought by
Wright George M and Wright Barbara L

Purchase Details

Closed on
Mar 28, 2003
Sold by
Horowitz Burt and Horowitz Carol
Bought by
James Mark and James Sandra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.78%

Purchase Details

Closed on
Nov 28, 2000
Sold by
James Mark and James Sandra H
Bought by
James Mark and James Sandra H

Purchase Details

Closed on
Feb 23, 2000
Sold by
Rickett Alice M
Bought by
James Mark and James Sandra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
8.21%
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
Lee Hae C -- First American Title Company
Lee Hae C $185,000 First American Title Company
Wright George M -- None Available
Wright George M -- None Available
Wright George M $176,000 First American Title Co
James Mark -- --
James Mark -- --
James Mark $66,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Mark $52,000
Previous Owner James Mark $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Rented $2,250 0.0% --
03/09/2023 03/09/23 Under Contract -- -- --
02/27/2023 02/27/23 For Rent $2,250 0.0% --
07/25/2017 07/25/17 Sold $185,000 -4.6% $255 / Sq Ft
06/09/2017 06/09/17 Price Changed $193,900 -0.1% $267 / Sq Ft
05/06/2017 05/06/17 For Sale $194,000 0.0% $268 / Sq Ft
04/25/2017 04/25/17 Price Changed $194,000 0.0% $268 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/21/2017 01/21/17 Price Changed $194,000 -0.5% $268 / Sq Ft
01/08/2017 01/08/17 Price Changed $195,000 +0.3% $269 / Sq Ft
10/25/2016 10/25/16 For Sale $194,500 -- $268 / 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 $2,138 $210,497 $144,825 $65,672
2024 $2,138 $206,370 $141,985 $64,385
2023 $2,087 $202,324 $139,201 $63,123
2022 $2,050 $198,357 $136,471 $61,886
2021 $2,010 $194,468 $133,795 $60,673
2020 $1,992 $192,474 $132,423 $60,051
2019 $1,952 $188,700 $129,826 $58,874
2018 $1,916 $185,000 $127,280 $57,720
2017 $1,730 $167,000 $105,918 $61,082
2016 $1,736 $167,000 $105,918 $61,082
2015 $1,311 $125,460 $64,378 $61,082
2014 $1,308 $125,460 $64,378 $61,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23032982

California Regional Multiple Listing Service (CRMLS)

APN: 932-950-10