NOT LISTED FOR SALE

56 Tierra Montanosa Unit 89 Rancho Santa Margarita, CA 92688

Estimated Value: $808,000 - $834,000

2 Beds
2.5 Baths
1,261 Sq Ft
$651/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $475,000 $377 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,299/month

14 Days on Market

Highlights

  • City Lights View
  • Deck
  • Community Pool
  • Melinda Heights Elementary School Rated A-
  • Wood Flooring
  • Sport Court

About This Home

As of June 2017

Perfect home for the California Lifestyle in the highly sought after area known as Melinda Heights! This home features an oversized private front patio perfect for enjoying the sunny afternoon while taking in the views. The main floor boasts a kitchen, dining area, living room with a fireplace, a powder room, and a large laundry room with an oversized storage area. Upstairs has wood flooring in the master and 2nd bedroom, each with their own bathrooms. The master has a great balcony for having a cup of coffee or tea in the morning while taking in the views of RSM. The home also boasts a full 2 car direct-access garage! The schools are all rated 9's, Melinda Heights Elementary, RSM intermediate, and Trabuco Hills High. Call today!

Last Agent to Sell the Property

Casey Elliott

CES Group Inc. License #01503233 Listed on: 05/01/2017

Last Buyer's Agent

Danielle Corliss

Corliss Realty Inc License #01224199

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,575

Year Built

  • Built in 1996

Lot Details

  • 1,200 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Sprinklers

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Woods
  • Mountain
  • Hills

Interior Spaces

  • 1,261 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Melinda Heights Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 14552
  • Assessor Parcel Number 93812279

Community Details

Overview

  • Tierra Montanosa Association, Phone Number (949) 448-6000
  • Samlarc Association, Phone Number (949) 709-0010
  • Built by Hertel Homes
  • Mesa

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,575

Year Built

Built in 1996

Lot Details

0

HOA Fees

$361 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Tierra Montanosa (TIEM)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93812279
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1261.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 376.69
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s), Trees/Woods
  • Builder Name: Hertel Homes
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Sport Court, Hiking Trails
  • Association Fee: 306.00
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Montanosa
  • Phone: 9494486000
  • Association Phone #2: 9497090010
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Melinda Heights
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Melinda Heights
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: MELHEI
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 1200.00

Multi Family

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

Tax Info

  • Tax Census Tract: 320.49
  • Tax Lot: 3
  • Tax Tract Number: 14552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 15, 2017
Sold by
Calderon Marcus
Bought by
Osborn Shelley N
Seller's Agent
Casey Elliott
CES Group Inc.
Buyer's Agent
Danielle Corliss
Corliss Realty Inc
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$821,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,080
Avg. Annual Appreciation
6.91%
Original Mortgage
$356,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2012
Closed on
Aug 31, 2012
Sold by
Baer Robert
Bought by
Calderon Marcus
Seller's Agent
Michael Doyle
Coldwell Banker Realty
Buyer's Agent
Casey Elliott
CES Group Inc.
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$252,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1997
Sold by
Tierra Ltd
Bought by
Baer Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
7.19%
Mortgage Type
FHA
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
Osborn Shelley N $475,000 First American Title Company
Calderon Marcus $315,000 None Available
Baer Sheila $160,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborn Shelley N $340,850
Closed Osborn Shelley N $356,250
Previous Owner Calderon Marcus $252,000
Previous Owner Baer Sheila $150,000
Previous Owner Baer Sheila $152,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $475,000 0.0% $377 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $474,900 +50.8% $377 / Sq Ft
09/24/2012 09/24/12 Sold $315,000 0.0% $250 / Sq Ft
08/25/2012 08/25/12 For Sale $315,000 0.0% $250 / Sq Ft
08/24/2012 08/24/12 Off Market $315,000 -- --
08/20/2012 08/20/12 For Sale $315,000 -- $250 / 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 $5,575 $551,275 $383,116 $168,159
2024 $5,575 $540,466 $375,604 $164,862
2023 $5,445 $529,869 $368,239 $161,630
2022 $5,354 $519,480 $361,019 $158,461
2021 $5,224 $509,295 $353,941 $155,354
2020 $5,212 $504,073 $350,311 $153,762
2019 $5,761 $494,190 $343,442 $150,748
2018 $6,175 $484,500 $336,707 $147,793
2017 $4,614 $334,226 $181,827 $152,399
2016 $4,653 $327,673 $178,262 $149,411
2015 $4,538 $322,752 $175,585 $147,167
2014 $4,819 $316,430 $172,145 $144,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17093739

California Regional Multiple Listing Service (CRMLS)

APN: 938-122-79