NOT LISTED FOR SALE

7 Redbud Unit 128 Rancho Santa Margarita, CA 92688

Estimated Value: $556,000 - $597,000

2 Beds
1 Bath
781 Sq Ft
$372/mo HOA Fee

Last Sold August 06, 2024

Last sale price $575,000 $736 Per Sq Ft

Current estimated payment $3,989/month

33 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • View of Hills
  • Trabuco Mesa Elementary School Rated A
  • Open Floorplan
  • 2-minute walk to Rancho Santa Margarita Lake Park

About This Home

As of August 2024

This beautifully upgraded 2 bedroom condo in the heart of Rancho Santa Margarita offers a modern and stylish living space that is sure to impress. The location is ideal for those seeking convenience and a vibrant community atmosphere. Meticulous appointments throughout provide a cozy environment to call home. Step inside to the spacious living room that offers a modern open design with high vaulted ceilings.The custom kitchen features elegant white shaker cabinetry, modern stainless steel appliances, sleek quartz countertops, and stylish plank flooring throughout. The kitchen seamlessly transitions into a dining area with new fixtures, creating a cohesive and inviting living space.The downstairs bedroom provides ample space with a ceiling fan, a generously sized closet, and beautiful views of the sunset through the large window. The adjacent full bath has been upgraded with a new vanity, fixtures, quartz counters, and additional storage. Climb the beautifully designed stairs to the oversized second bedroom, which offers plenty of privacy. You'll find 3 peek-a-boo windows and a spacious walk-in closet awaiting you. And don't forget the amazing sunset views from your own front patio. Enjoy amenities including beach club access, multiple community pools and parks, outdoor BBQ areas, tennis, sports courts, hiking and biking trails surrounding the community in O'neil park. Ideally located walking distance to RSM lake, local restaurants, shopping and toll road access. Washer/Dryer included!This home has it all and is the perfect place to call home.

Last Agent to Sell the Property

Susan Stoker

Bullock Russell RE Services Brokerage Phone: 949-510-8917 License #01738521 Listed on: 06/12/2024

Bullock Russell RE Services

Co-Listed By

Brock Stoker

Bullock Russell RE Services Brokerage Phone: 949-510-8917 License #02042566

Last Buyer's Agent

Debbie Sagorin

Coldwell Banker Realty License #01411020

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 781 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Vinyl Flooring
  • Views of Hills
  • Laundry Room

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Trabuco Mesa Elementary School
  • Rancho Santa Margarita Middle School
  • Trabucco Hills High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375154
  • $122 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Mission Courts Association, Phone Number (949) 261-8282
  • Samlarc HOA
  • Mission Courts Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Picnic Area

Recreation

  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,002

Year Built

Built in 1987

Lot Details

0

HOA Fees

$372 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R1) (MC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375154
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 781.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 736.24
  • Room Type: Kitchen, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Hills
  • Patio And Porch Features: Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 291.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: mission courts
  • Phone: 949-261-8282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: samlarc

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Trabuco Mesa
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Trabuco Mesa
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: TRAMES
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.65130800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 7
  • Tax Tract Number: 12717
  • TaxOtherAnnualAssessmentAmount: 122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 19, 2024
Sold by
Scansen Scott and Scansen Kimberly
Bought by
Georgia Danielle J
Seller's Agent
Susan Stoker
Bullock Russell RE Services
Buyer's Agent
Debbie Sagorin
Coldwell Banker Realty
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
49
Current Estimated Value
$576,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,388
Avg. Annual Appreciation
0.22%
Original Mortgage
$440,000
Outstanding Balance
$435,417
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$140,971

Purchase Details

Closed on
Apr 5, 2022
Sold by
Edward Lipets
Bought by
Andkigesrclaynsen Scott Scansen and Scansen Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 9, 2021
Sold by
Lipets Edward and Lipets Paulina
Bought by
Lipets Edward

Purchase Details

Closed on
Dec 15, 2020
Sold by
Lipets Paulina M
Bought by
Lipets Paulina and Paulina Lipets Trust

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 7, 2020
Sold by
Deland Brittany
Bought by
Lipets Edward and Lipets Paulina M
Seller's Agent
Robert Rivera
Circa Properties, Inc.
Buyer's Agent
Murray Mace
Coldwell Banker Realty
List Price
$320,000
Sold Price
$332,000
Premium/Discount to List
$12,000
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Dec 14, 2012
Sold by
Torres Michelle
Bought by
Deland Brittany
Seller's Agent
Erin Williamson Team
First Team Real Estate
Buyer's Agent
ERIN MARTIN
Compass
List Price
$189,900
Sold Price
$196,000
Premium/Discount to List
$6,100
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$186,200
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Theisen Shirley
Bought by
Torres Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2000
Sold by
D R Horton Los Angeles Holding Co Inc
Bought by
Sill Jade Michael and Sill Stephanie Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,550
Interest Rate
8.53%

Purchase Details

Closed on
Jun 15, 1994
Sold by
Va
Bought by
Theisen Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,611
Interest Rate
8.51%

Purchase Details

Closed on
Oct 22, 1993
Sold by
Robert E Weiss Inc
Bought by
Source One Mtg Services Corp and Firemans Fund Mtg Corp

Purchase Details

Closed on
Sep 1, 1993
Sold by
Source One Mtg Services Corp
Bought by
Va
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
Georgia Danielle J $575,000 Wfg National Title
Andkigesrclaynsen Scott Scansen $550,000 Fidelity National Title
Lipets Edward -- None Available
Lipets Paulina -- None Available
Lipets Edward $332,000 Chicago Title Company
Deland Brittany $196,000 First American Title Company
Torres Michelle $355,000 Fidelity National Title
Sill Jade Michael $197,500 Chicago Title
Theisen Shirley $95,000 --
Source One Mtg Services Corp $85,840 Fidelity National Title
Va -- Fidelity National Title
Source One Mtg Services Corp $85,840 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georgia Danielle J $440,000
Previous Owner Andkigesrclaynsen Scott Scansen $402,000
Previous Owner Deland Brittany $186,200
Previous Owner Torres Michelle $284,000
Previous Owner Torres Michelle $71,000
Previous Owner Theisen Shirley $120,000
Previous Owner Sill Jade Michael $159,550
Previous Owner Theisen Shirley $94,611
Closed Sill Jade Michael $29,923
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $575,000 -1.7% $736 / Sq Ft
06/27/2024 06/27/24 Price Changed $585,000 -2.3% $749 / Sq Ft
06/12/2024 06/12/24 For Sale $599,000 0.0% $767 / Sq Ft
08/04/2023 08/04/23 Rented $2,800 0.0% --
07/18/2023 07/18/23 Price Changed $2,800 -9.7% $4 / Sq Ft
07/11/2023 07/11/23 For Rent $3,100 +10.7% --
08/03/2022 08/03/22 Rented $2,800 0.0% --
07/30/2022 07/30/22 Under Contract -- -- --
07/18/2022 07/18/22 Price Changed $2,800 -9.7% $4 / Sq Ft
07/01/2022 07/01/22 For Rent $3,100 0.0% --
06/17/2022 06/17/22 Sold $550,000 +22.2% $704 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $450,000 +35.5% $576 / Sq Ft
07/13/2020 07/13/20 Sold $332,000 +3.8% $425 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $320,000 +63.3% $410 / Sq Ft
01/31/2013 01/31/13 Sold $196,000 +3.2% $218 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $189,900 -- $211 / 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 $6,002 $575,000 $484,358 $90,642
2024 $6,002 $572,220 $489,422 $82,798
2023 $5,866 $561,000 $479,825 $81,175
2022 $3,552 $338,640 $263,268 $75,372
2021 $3,038 $332,000 $258,105 $73,895
2020 $2,249 $220,689 $145,449 $75,240
2019 $2,497 $216,362 $142,597 $73,765
2018 $2,460 $212,120 $139,801 $72,319
2017 $2,487 $207,961 $137,060 $70,901
2016 $2,835 $203,884 $134,373 $69,511
2015 $2,863 $200,822 $132,355 $68,467
2014 $2,812 $196,889 $129,763 $67,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24114936

California Regional Multiple Listing Service (CRMLS)

APN: 933-751-54