NOT LISTED FOR SALE

5501 Costa Escondida San Clemente, CA 92673

Forster Ranch Neighborhood

Estimated Value: $1,597,000 - $1,682,000

4 Beds
3.5 Baths
2,500 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $765,000 $306 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,875/month

55 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Truman Benedict Elementary School Rated A
  • Canyon View
  • 2 Car Attached Garage

About This Home

As of August 2014

Premier 4-bedroom (plus loft/bonus room) home, located on a very private, oversized premium lot within Ridgemore. Approx 2500 Sq. ft of open, functional living space. One bedroom w/full bathroom downstairs. Spacious kitchen with center island and bar seating. Family room w/ stone fireplace and sliding doors to backyard. Three bedrooms, plus loft, upstairs. Large master suite with vaulted ceilings. Central A/C. Amazing backyard, backing to the canyon and hills with nice views. Very private and tranquil feeling in backyard. No Mello-roos. Direct access to 2-car garage. Walking distance to the HOA pool/spa and the award winning schools of Forster Ranch!

Last Agent to Sell the Property

Sean Grange

Compass License #01343165 Listed on: 05/28/2014

Compass

Last Buyer's Agent

Bonnie Fass

First Team Real Estate License #01181477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,858

Year Built

  • Built in 2001

Lot Details

  • 5,802

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Hills

Interior Spaces

  • 2,500 Sq Ft Home
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Truman Benedict Elementary School

Additional Features

  • 5,802 Sq Ft Lot
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 15864
  • Assessor Parcel Number 67813183

Community Details

Overview

  • Ridgemore Subdivision

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,858

Year Built

Built in 2001

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Ridgemore (RIDG)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67813183
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 306.00
  • Room Type: Family Room, Living Room, Primary Bedroom, Main Floor Bedroom, Primary Suite
  • Spa Features: Association

Exterior Features

  • View: Canyon, Hills
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 223.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Capistrano Unified
  • Elementary School: Truman Benedict
  • Elementary School: Truman Benedict
  • Elementary School #2: TRUBEN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5802.00
  • Lot Size Acres: 0.1330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5802.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 45
  • Tax Tract Number: 15864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 9, 2014
Sold by
Block Kevin and Block Linda Rae
Bought by
Purtzer Raleigh A and Purtzer Cassidy J
Seller's Agent
Sean Grange
Compass
Buyer's Agent
Bonnie Fass
First Team Real Estate
List Price
$789,000
Sold Price
$765,000
Premium/Discount to List
-$24,000
-3.04%
Current Estimated Value
$1,633,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,139
Avg. Annual Appreciation
7.08%
Original Mortgage
$572,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
The David & Leta Armstrong Family Trust
Bought by
Block Kevin and Block Linda Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Armstrong David A and Armstrong Leta B
Bought by
Armstrong David Allen and Armstrong Leta Baptista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2007
Sold by
Armstrong David Allen and Armstrong Leta Baptista
Bought by
Armstrong David A and Armstrong Leta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Armstrong David Allen and Armstrong Leta Baptista
Bought by
Armstrong David Allen and Armstrong Leta Baptista

Purchase Details

Closed on
Dec 18, 2003
Sold by
Armstrong David Allen and Armstrong Leta Baptista
Bought by
Armstrong David Allen and Armstrong Leta Baptista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Armstrong David A and Armstrong Leta S
Bought by
Armstrong David Allen and Armstrong Leta Baptista

Purchase Details

Closed on
Oct 26, 2001
Sold by
Kb Home Coastal Inc
Bought by
Armstrong David A and Armstrong Leta S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.32%
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
Purtzer Raleigh A $765,000 First American Title Company
Block Kevin $585,000 First American Title Company
Armstrong David Allen -- None Available
Armstrong David A -- Old Republic Title
Armstrong David Allen -- --
Armstrong David Allen -- Sutic
Armstrong David Allen -- --
Armstrong David A $463,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purtzer Raleigh A $133,300
Open Purtzer Raleigh A $621,409
Closed Purtzer Raleigh A $617,500
Closed Purtzer Raleigh A $601,000
Closed Purtzer Raleigh A $572,500
Previous Owner Block Kevin $400,000
Previous Owner Block Kevin $409,500
Previous Owner Armstrong David A $530,000
Previous Owner Armstrong David Allen $390,000
Previous Owner Armstrong David A $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $765,000 -2.2% $306 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
06/30/2014 06/30/14 Price Changed $782,000 -0.3% $313 / Sq Ft
05/28/2014 05/28/14 Price Changed $784,000 -0.6% $314 / Sq Ft
05/14/2014 05/14/14 For Sale $789,000 -- $316 / 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 $9,858 $919,410 $553,033 $366,377
2024 $9,858 $901,383 $542,189 $359,194
2023 $9,664 $883,709 $531,558 $352,151
2022 $9,492 $866,382 $521,135 $345,247
2021 $9,324 $849,395 $510,917 $338,478
2020 $9,240 $840,686 $505,678 $335,008
2019 $9,072 $824,202 $495,762 $328,440
2018 $8,916 $808,042 $486,042 $322,000
2017 $8,755 $792,199 $476,512 $315,687
2016 $8,600 $776,666 $467,168 $309,498
2015 $8,625 $765,000 $460,150 $304,850
2014 $6,952 $599,409 $308,455 $290,954
Source: Public Records

Agents Affiliated with this Home

  • Sean Grange

    Seller's Agent in 2014

    Sean Grange

    Compass

    (714) 366-5292

    3 in this area

    67 Total Sales

    Sean Grange
    Section Image

  • B

    Buyer's Agent in 2014

    Bonnie Fass

    First Team Real Estate

    Section Image
  • Jacqueline Screeton

    Buyer Co-Listing Agent in 2014

    Jacqueline Screeton

    First Team Real Estate

    (949) 395-4732

    1 in this area

    43 Total Sales

    Jacqueline Screeton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14100045

California Regional Multiple Listing Service (CRMLS)

APN: 678-131-83

California Orange County San Clemente 92673 Forster Ranch

5501 Costa Escondida, San Clemente, CA

This home is located at 5501 Costa Escondida, San Clemente, CA 92673 since 28 May 2014 and is currently estimated at $1,633,139, approximately $653 per square foot. This property was built in 2001. 5501 Costa Escondida is a home located in Orange County with nearby schools including Truman Benedict Elementary School, Bernice Ayer Middle School, and San Clemente High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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