Seller's Agent in 2022
Marisa Whitaker
Regency Real Estate Brokers
(949) 275-7339
42 in this area
104 Total Sales
7 Palacio Rancho Santa Margarita, CA 92688
Estimated Value: $1,093,000 - $1,151,565
3
Beds
2.5
Baths
1,857
Sq Ft
$188/mo
HOA Fee
Highlights
- Fishing
- Open Floorplan
- Property is near a park
- Melinda Heights Elementary School Rated A-
- Community Lake
- Cathedral Ceiling
About This Home
As of April 2022A 3 bd 2.5ba 1857sf home in the desirable Melinda Heights, RSM is coming soon. Zoned condo but you would never know-it lives like a detached SFR, this home will go fast! Natural sunshine fills the soaring ceiling in the living room & dining room. Open concept kitchen is spacious, has a breakfast nook, & is adjacent to a large family room w fireplace. French doors lead to the backyard that had a grassy area w automatic sprinkler system, and a stamped concrete patio. Spacious master and private Master Bath w dual sink vanity, soaking tub, separate shower, and a mirrored walk-in closet. Two additional big rooms upstairs, and a secondary full bath. Home has many original features, and is ready for the right buyer to make it their own. Located in an adorable neighborhood, ideally located walking distance to highly rated Melinda Heights Elementary school, parks, pool, tennis, Pickleball & basketball courts, as well as baseball & soccer fields. RSM has 4 Jr. olympic sized pools, (2 of which are heated all year long) a lake, and a "beach club" which has a resort-like lagoon with beach entry for swimming.
Last Agent to Sell the Property
Regency Real Estate Brokers License #01911865 Listed on: 03/10/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,803
Year Built
- Built in 1997
Lot Details
- No Common Walls
- Cul-De-Sac
- Wood Fence
- Landscaped
- Front and Back Yard Sprinklers
- Lawn
HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Planned Development
Interior Spaces
- 1,857 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Family Room with Fireplace
- Living Room
- Dining Room
- Carpet
- Neighborhood Views
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Slab Porch or Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Schools
- Melinda Heights Elementary School
- Rancho Santa Margarita Middle School
- Trabuco Hills High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 14274
- Assessor Parcel Number 93027478
- $35 per year additional tax assessments
Community Details
Overview
- 110 Units
- Ballantree Association, Phone Number (949) 833-2600
- First Service Residential Association, Phone Number (800) 428-5588
- Keystone Pacific Property Management HOA
- Ballantree Subdivision
- Community Lake
- Foothills
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Tennis Courts
- Pickleball Courts
- Sport Court
- Ping Pong Table
- Community Playground
- Community Pool
- Fishing
- Park
- Dog Park
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Mar 22, 2022
Sold by
James Zima Iii Willard and Lee Derinda
Bought by
Johnston Brandon and Johnston Thu
Seller's Agent
Marisa Whitaker
Regency Real Estate Brokers
Buyer's Agent
Roy Fenn
Douglas Elliman of California
List Price
$899,990
Sold Price
$1,000,000
Premium/Discount to List
$100,010
11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,391
Avg. Annual Appreciation
3.34%
Original Mortgage
$647,200
Outstanding Balance
$608,390
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$509,264
Purchase Details
Closed on
Jan 12, 2009
Sold by
Zima Willard James
Bought by
Zima Willard James and Zima Derinda Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 1999
Sold by
Oakes Joseph A and Oakes Mary E
Bought by
Zima Willard James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.56%
Purchase Details
Closed on
Aug 20, 1997
Sold by
Ballantree Llc
Bought by
Oakes Joseph A and Oakes Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
7.43%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnston Brandon | $1,000,000 | Western Resources | |
| Zima Willard James | -- | Land American Southland Titl | |
| Zima Willard James | $267,500 | Commonwealth Land Title | |
| Oakes Joseph A | $192,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnston Brandon | $647,200 | |
| Previous Owner | Zima Willard James | $235,000 | |
| Previous Owner | Zima Willard James | $245,000 | |
| Previous Owner | Zima Willard James | $230,000 | |
| Previous Owner | Zima Willard James | $239,000 | |
| Previous Owner | Zima Willard James | $240,000 | |
| Previous Owner | Zima Willard James | $240,000 | |
| Previous Owner | Oakes Joseph A | $35,000 | |
| Previous Owner | Oakes Joseph A | $182,500 | |
| Closed | Johnston Brandon | $152,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2022 04/18/22 | Sold | $1,000,000 | 0.0% | $539 / Sq Ft |
| 03/16/2022 03/16/22 | Pending | -- | -- | -- |
| 03/13/2022 03/13/22 | Off Market | $1,000,000 | -- | -- |
| 03/10/2022 03/10/22 | For Sale | $899,990 | -- | $485 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,803 | $1,061,208 | $840,087 | $221,121 |
| 2024 | $10,803 | $1,040,400 | $823,614 | $216,786 |
| 2023 | $10,554 | $1,020,000 | $807,464 | $212,536 |
| 2022 | $4,035 | $387,422 | $202,503 | $184,919 |
| 2021 | $3,930 | $379,826 | $198,532 | $181,294 |
| 2020 | $3,927 | $375,932 | $196,496 | $179,436 |
| 2019 | $4,216 | $368,561 | $192,643 | $175,918 |
| 2018 | $5,491 | $361,335 | $188,866 | $172,469 |
| 2017 | $5,719 | $354,250 | $185,162 | $169,088 |
| 2016 | $5,739 | $347,304 | $181,531 | $165,773 |
| 2015 | $5,576 | $342,088 | $178,805 | $163,283 |
| 2014 | $5,866 | $335,387 | $175,302 | $160,085 |
Source: Public Records
Agents Affiliated with this Home
-
Marisa Whitaker
-
Brent Whitaker
B
Seller Co-Listing Agent in 2022
Brent Whitaker
Regency Real Estate Brokers
(949) 707-4400
31 in this area
71 Total Sales
-
Roy Fenn
Buyer's Agent in 2022
Roy Fenn
Douglas Elliman of California
(714) 206-0800
1 in this area
55 Total Sales
-
Amy Sims
Buyer Co-Listing Agent in 2022
Amy Sims
Coldwell Banker Realty
(949) 559-5959
9 in this area
164 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22038524
APN: 930-274-78
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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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