NOT LISTED FOR SALE

5553 Rayo Del Sol Unit A Laguna Woods, CA 92637

Estimated Value: $1,564,614 - $1,903,000

3 Beds
2 Baths
2,189 Sq Ft
$620/mo HOA Fee

Last Sold November 13, 2018

Last sale price $1,095,000 $500 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,001/month

25 Days on Market

Highlights

  • Golf Course Community
  • 2,189 Sq Ft lot
  • Neighborhood Views
  • Senior Community
  • Clubhouse
  • Community Pool

About This Home

As of November 2018

Discerning buyers, desiring only the best Laguna Woods Village has to offer flock to the “110” neighborhood. Three mature palms welcome you as you enter the private gated courtyard. The expansive kitchen is open to the dining area, allowing the host to enjoy their guests while entertaining. The massive living room, with high ceilings, is anchored by a stacked stone fireplace. Floor to ceiling glass doors and windows will allow you enjoy view of the hillsides and city lights. Enter the master suite through the double doors, view the huge walk-in closet, double sinks at the vanity and an additional ladies’ vanity for getting dolled up. The home boasts 2 additional bedrooms, perfect for guests, family, gym or office. Park your cars in the attached 2 car garage. This home has it all. Experience luxury in the resort-like community of Laguna Woods Village. Home to the perfect weather of Southern California. Partake in the 7 clubhouses, 5 swimming pools, 2 golf courses, fitness centers, tennis, bocce, pickle ball, arts: pottery, photography, glass, lapidary, jewelry, painting, sewing, sculpture, and woodworking; PC & Mac labs, 200+ clubs (including one of the largest bridge card clubs in US), LW Performing Arts Center, garden centers, equestrian center, RV parking area and so much more. You’ve earned it…welcome home!

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 07/14/2018

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Im Sook Lee

Village Real Estate Services License #01889300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,109

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall
  • Front Yard

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,189 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10641
  • Assessor Parcel Number 93799019

Community Details

Overview

  • Senior Community
  • 6,000 Units
  • Vms Association, Phone Number (949) 597-4600

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,109

Year Built

Built in 1980

Lot Details

0

HOA Fees

$620 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Leisure World (LW)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93799019
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2189.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 500.23
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Golf Course, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse, Card Room, Recreation Room
  • Association Fee: 620.00
  • Association Fee Frequency: Monthly
  • Association Name: VMS
  • Phone: 9495974600
  • Senior Community: Yes
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2189.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 6000
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.49
  • Tax Lot: 4
  • Tax Tract Number: 10641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2018
Closed on
Nov 6, 2018
Sold by
Kim Daeun and Kim Ocknam
Bought by
Kim Ocknam
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Im Sook Lee
Village Real Estate Services
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$1,723,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,404
Avg. Annual Appreciation
7.88%

Purchase Details

Listed on
Jul 14, 2018
Closed on
Nov 5, 2018
Sold by
Kim Daeun and Kim Ocknam
Bought by
Kim Octnam
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Im Sook Lee
Village Real Estate Services
List Price
$1,095,000
Sold Price
$1,095,000

Purchase Details

Closed on
Aug 16, 2018
Sold by
Kouzes Laurie
Bought by
Kim Daeun and Kim Ocknarm

Purchase Details

Closed on
Sep 29, 1997
Sold by
May John J
Bought by
May John J and The John J May 1997 Trust
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
Kim Ocknam -- Accommodation
Kim Octnam -- Accommodation
Kim Daeun $1,095,000 Fidelity National Tilte
May John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May John J $125,000
Previous Owner May John J $126,277
Previous Owner May John J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $1,095,000 0.0% $500 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $1,095,000 -- $500 / 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 $12,109 $1,221,491 $909,622 $311,869
2024 $12,109 $1,197,541 $891,787 $305,754
2023 $11,830 $1,174,060 $874,301 $299,759
2022 $11,607 $1,151,040 $857,158 $293,882
2021 $11,383 $1,128,471 $840,351 $288,120
2020 $11,336 $1,116,900 $831,734 $285,166
2019 $11,142 $1,095,000 $815,425 $279,575
2018 $6,470 $635,049 $369,012 $266,037
2017 $6,272 $622,598 $361,777 $260,821
2016 $6,153 $610,391 $354,684 $255,707
2015 $6,060 $601,223 $349,356 $251,867
2014 $5,944 $589,446 $342,512 $246,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18168674

California Regional Multiple Listing Service (CRMLS)

APN: 937-990-19