NOT LISTED FOR SALE

Estimated Value: $729,000 - $939,000

2 Beds
2 Baths
1,367 Sq Ft
$366/mo HOA Fee

Last Sold January 19, 2021

Last sale price $535,000 $391 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,126/month

22 Days on Market

Highlights

  • Access To Lake
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Rancho Santa Margarita Intermediate School Rated A
  • No Units Above
  • Updated Kitchen

About This Home

As of January 2021

Fantastic 2 bedroom 2 full bath condo in the heart of RSM with no one above complete with direct access 2 car tandem garage. The entire main floor is bright and open with lots of natural light, plantation shutters and beautiful engineered wood throughout. The family room comes complete with a gas fireplace, perfect for the cool winter nights. The spacious kitchen has beautiful granite countertops, breakfast bar, lots of cabinet storage and under counter cabinet lighting. This spacious condo features a master suite that occupies the entire top level with newly installed carpeting. The spacious upstairs suite features a retreat area with high ceilings and lots of natural light making this area perfect for a home office or sitting area. The Master bathroom features a separate bathtub and shower, dual sinks, walk in closet with mirrored wardrobe doors. The balcony comfortably fits a BBQ with patio seating and has a pleasant slope view. This community has a pool, spa and gym/exercise room. Walking distance to Lake/Beach club, shops, restaurants and entertainment. This home is truly turnkey and move-in ready.

Last Agent to Sell the Property

Denise Mellor

First Team Real Estate License #01241052 Listed on: 11/28/2020

First Team Real Estate

Last Buyer's Agent

Michelle Pease

Regency Real Estate Brokers License #01430057

Regency Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 1995

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Garage Door Opener
  • No Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,367 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Access To Lake
  • Lake Privileges
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

  • Cielo Vista Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 14612
  • Assessor Parcel Number 93543673

Community Details

Overview

  • 200 Units
  • Corte Melina Association, Phone Number (949) 448-6000
  • Samlarc Association, Phone Number (949) 709-0010
  • First Service HOA
  • Corte Melina Subdivision
  • Community Lake

Amenities

  • Sauna

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,864

Year Built

Built in 1995

Lot Details

0

HOA Fees

$366 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer/Dryer & Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corte Melina (CM)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93543673
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1367.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Tandem
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 391.37
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community, Gunite, Heated, In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Porch, Front Porch
  • Pool Features: Association, Community, Gunite, Heated, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAMLARC
  • Amenities: Pool, Sauna, Sport Court
  • Association Fee: 300.00
  • Association #2 Fee: 66.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Corte Melina
  • Phone: (949)448-6000
  • Association Phone #2: (949)709-0010
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Lake, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Cielo Vista
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Cielo Vista
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: CIEVIS
  • High School2: TRAHIL

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Waterfront Features: Lake, Lake Privileges

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 14612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Dec 21, 2020
Sold by
Michaelis Tyler and Michaelis Emily
Bought by
Franken Jeff
Seller's Agent
Denise Mellor
First Team Real Estate
Buyer's Agent
Michelle Pease
Regency Real Estate Brokers
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Current Estimated Value
$801,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,518
Avg. Annual Appreciation
8.39%
Original Mortgage
$345,000
Outstanding Balance
$308,618
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$470,200

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 16, 2017
Sold by
Trisler Cory and Trisler Nicole S
Bought by
Michaelis Tyler and Kenney Emily
Seller's Agent
Tom Schulze
Wise Choices Realty
Buyer's Agent
Mike Moseley
Coldwell Banker Realty
List Price
$469,900
Sold Price
$462,000
Premium/Discount to List
-$7,900
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$414,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Martinez Nicole S and Trisler Cory
Bought by
Trisler Cory and Trisler Nicole S

Purchase Details

Listed on
Dec 15, 2013
Closed on
Jan 22, 2014
Sold by
Nguyen Kimduy
Bought by
Martinez Nicole S and Trisler Cory
Seller's Agent
Daniel Escutia
Esen Real Estate Services
Buyer's Agent
Michael Cambra
Anvil Real Estate
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$392,656
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 22, 2013
Closed on
Nov 18, 2013
Sold by
Tran Peter and Chan Kimberly
Bought by
Nguyen Kimduy
Seller's Agent
Ignacio Escutia
Esen Real Estate Services
Buyer's Agent
Michelle Pham
Esen Real Estate Services
List Price
$266,800
Sold Price
$328,500
Premium/Discount to List
$61,700
23.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.01%

Purchase Details

Closed on
Nov 9, 2004
Sold by
Banovich Steven Dan
Bought by
Tran Peter and Chan Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Wayne Maribeth
Bought by
Wayne Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,320
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Wayne Douglas A
Bought by
Banovich Steven Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,320
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1994
Sold by
Corte Melina Partners Ltd
Bought by
Wayne Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
8.86%
Mortgage Type
FHA
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
Franken Jeff $535,000 Western Resources Title
Michaelis Tyler $462,000 Corinthian Title Co
Trisler Cory -- Netco Title Company
Martinez Nicole S $400,000 Orange Coast Title Company
Nguyen Kimduy $328,500 Orange Coast Title Company O
Tran Peter $410,000 Lawyers Title
Wayne Douglas A -- Multiple
Banovich Steven Dan $383,000 Multiple
Wayne Douglas A $143,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franken Jeff $345,000
Previous Owner Michaelis Tyler $414,000
Previous Owner Martinez Nicole S $392,656
Previous Owner Tran Peter $376,000
Previous Owner Tran Peter $20,500
Previous Owner Tran Peter $376,000
Previous Owner Tran Peter $24,000
Previous Owner Tran Peter $92,000
Previous Owner Tran Peter $328,000
Previous Owner Banovich Steven Dan $306,320
Previous Owner Wayne Douglas A $204,800
Previous Owner Wayne Douglas A $172,000
Previous Owner Wayne Douglas A $32,250
Previous Owner Wayne Douglas A $75,500
Previous Owner Wayne Douglas A $137,750
Closed Tran Peter $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $535,000 -2.7% $391 / Sq Ft
11/28/2020 11/28/20 For Sale $549,900 +19.0% $402 / Sq Ft
10/25/2017 10/25/17 Sold $462,000 -1.7% $338 / Sq Ft
08/17/2017 08/17/17 For Sale $469,900 +17.5% $344 / Sq Ft
01/23/2014 01/23/14 Sold $399,900 0.0% $286 / Sq Ft
12/15/2013 12/15/13 For Sale $399,900 +21.7% $286 / Sq Ft
11/22/2013 11/22/13 Sold $328,500 -0.5% $235 / Sq Ft
10/10/2013 10/10/13 Sold $330,000 +0.5% $236 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
03/26/2013 03/26/13 Off Market $328,500 -- --
03/22/2013 03/22/13 For Sale $266,800 0.0% $191 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
10/19/2012 10/19/12 Price Changed $266,800 -1.2% $191 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $270,000 -17.8% $193 / Sq Ft
08/08/2012 08/08/12 Off Market $328,500 -- --
07/20/2012 07/20/12 For Sale $270,000 -- $193 / 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 $5,864 $579,100 $404,016 $175,084
2024 $5,864 $567,746 $396,095 $171,651
2023 $5,729 $556,614 $388,328 $168,286
2022 $5,631 $545,700 $380,713 $164,987
2021 $4,695 $485,643 $333,891 $151,752
2020 $5,041 $480,664 $330,468 $150,196
2019 $5,609 $471,240 $323,989 $147,251
2018 $5,528 $462,000 $317,636 $144,364
2017 $5,128 $422,392 $260,068 $162,324
2016 $5,321 $414,110 $254,968 $159,142
2015 $5,408 $407,890 $251,138 $156,752
2014 $4,338 $328,125 $180,710 $147,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20246114

California Regional Multiple Listing Service (CRMLS)

APN: 935-436-73