NOT LISTED FOR SALE

Estimated Value: $648,000 - $700,000

2 Beds
2 Baths
1,047 Sq Ft
1990 Built

Last Sold December 31, 2020

Last sale price $450,000 $430 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,025/month

Highlights

  • Heated Spa
  • Community Lake
  • Neighborhood Views
  • Tijeras Creek Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Mesa Linda Park

About This Home

As of June 2024

Lovely, upgraded, lower end-unit condo in the sought after La Ventana community of Rancho Santa Margarita. This home has 2-bedrooms and 2-full baths with 1-attached garage and 1-assigned carport. Inside neutral paint, lots of natural lighting, upgraded recessed lighting and crown molding all over. Cozy fireplace in the living room which adds to the ambiance and relaxing feel as soon as you enter the front door. It also opens directly to an outdoor patio that is great for enjoying the beautiful Southern California weather. The spacious kitchen which boasts granite countertops and stainless steel appliances, opens up to both living & dining rooms with lots of windows. The master bedroom has "His & Hers" closets and has direct access to a 2nd patio. The upgraded master bathroom has dual sinks, a bathtub and a separate shower stall. This home also has a good-sized secondary bedroom and a guest bathroom equipped with a spacious shower stall. Enjoy this community with a pool, spa, playgrounds for kids, basketball & tennis courts, and a huge park with walking trails perfect for nature lovers. Living in this community provides you access to the Lago Santa Margarita Beach Club. Close to all shops, restaurants and entertainments.

Last Agent to Rent the Property

Penny Giolli

Seven Gables Real Estate Brokerage Phone: 949-293-8428 License #01254969 Listed on: 05/24/2024

Seven Gables Real Estate

Last Renter's Agent

Penny Giolli

Seven Gables Real Estate Brokerage Phone: 949-293-8428 License #01254969 Listed on: 05/24/2024

Seven Gables Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1990

Lot Details

  • Two or More Common Walls
  • Fenced
  • Stucco Fence

Parking

  • 2 Car Direct Access Garage
  • 1 Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • Heated Spa
  • In Ground Spa

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 6/1/24
  • Tax Lot 1
  • Tax Tract Number 13905
  • Assessor Parcel Number 93183522

Community Details

Overview

  • Property has a Home Owners Association
  • 100 Units
  • La Ventana Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,830

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Refrigerator; Washer & Dryer
  • Property Attached: Yes
  • Subdivision Name Other: La Ventana (LAV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93183522
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1047.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.15
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Heated, In Ground
  • Bathroom Features: Exhaust Fan(s), Walk-In Shower

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Carport, Direct Garage Access, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Lake, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Latitude Manual: 33.61794700

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 100
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 320.65
  • Tax Lot: 1
  • Tax Tract Number: 13905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 16, 2020
Sold by
Betancourt Sally Ann
Bought by
Golden Tracy Lyn and 2020 Tracy Lyn
Seller's Agent
Roya Moghaddam
HomeSmart, Evergreen Realty
Buyer's Agent
Penny Giolli
Seven Gables Real Estate
List Price
$439,900
Sold Price
$450,000
Premium/Discount to List
$10,100
2.3%
Current Estimated Value
$669,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,933
Avg. Annual Appreciation
8.87%
Original Mortgage
$427,500
Outstanding Balance
$382,352
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$287,581

Purchase Details

Listed on
Aug 30, 2017
Closed on
Oct 22, 2017
Sold by
Ellis Wayne Anthony and Ellis Lily Nguyen
Bought by
Betancourt Sally Ann
Seller's Agent
Gosia Kawczynski
Coldwell Banker Realty
Buyer's Agent
Roya Moghaddam
HomeSmart, Evergreen Realty
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$407,483
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2014
Sold by
Ellis Wayne Anthony and Ellis Lily Nguyen
Bought by
The Ellis Family Trust

Purchase Details

Closed on
Jun 23, 2010
Sold by
Us Bank National Association
Bought by
Ellis Wayne A and Ellis Lily Nguyen

Purchase Details

Closed on
Apr 27, 2010
Sold by
Gabriel Karina
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 15, 2006
Sold by
Alvarez Karina and Gabriel Karina
Bought by
Alvarez Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Gabriel Kenneth
Bought by
Gabriel Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,800
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2005
Sold by
Strom Eric
Bought by
Gabriel Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,800
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2002
Sold by
Grimaldi William J
Bought by
Strom Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.84%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Wilson David D and Wilson Cinda M
Bought by
Grimaldi William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.15%
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
Golden Tracy Lyn $450,000 North American Title Company
Betancourt Sally Ann $415,000 Chicago Title Co
The Ellis Family Trust -- None Available
Ellis Wayne A $246,000 Landsafe Title
Us Bank National Association $381,988 Landsafe Title
Alvarez Karina -- Fidelity National Title Co
Gabriel Karina -- Stewart Title
Gabriel Karina $402,000 Stewart Title
Strom Eric $198,000 Orange Coast Title
Grimaldi William J $178,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Tracy Lyn $427,500
Previous Owner Betancourt Sally Ann $400,000
Previous Owner Betancourt Sally Ann $399,885
Previous Owner Betancourt Sally Ann $407,483
Previous Owner Alvarez Karina $372,000
Previous Owner Gabriel Karina $361,800
Previous Owner Strom Eric $220,000
Previous Owner Strom Eric $211,850
Previous Owner Grimaldi William J $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Rented $3,300 0.0% --
05/24/2024 05/24/24 For Rent $3,300 +1.5% --
11/29/2023 11/29/23 Rented $3,250 0.0% --
10/24/2023 10/24/23 For Rent $3,250 +8.3% --
08/17/2022 08/17/22 Rented $3,000 0.0% --
08/16/2022 08/16/22 Under Contract -- -- --
08/03/2022 08/03/22 For Rent $3,000 +7.1% --
10/05/2021 10/05/21 Rented $2,800 0.0% --
09/19/2021 09/19/21 For Rent $2,800 0.0% --
12/31/2020 12/31/20 Sold $450,000 +2.3% $430 / Sq Ft
11/24/2020 11/24/20 For Sale $439,900 +6.0% $420 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/25/2017 10/25/17 Sold $415,000 0.0% $396 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $415,000 +4.0% $396 / Sq Ft
08/30/2017 08/30/17 For Sale $399,000 0.0% $381 / Sq Ft
02/23/2015 02/23/15 Rented $1,800 0.0% --
01/24/2015 01/24/15 Under Contract -- -- --
12/17/2014 12/17/14 For Rent $1,800 -- --
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 $4,830 $487,093 $365,565 $121,528
2024 $4,830 $477,543 $358,397 $119,146
2023 $4,722 $468,180 $351,370 $116,810
2022 $4,633 $459,000 $344,480 $114,520
2021 $4,359 $450,000 $337,725 $112,275
2020 $4,367 $431,766 $325,598 $106,168
2019 $4,939 $423,300 $319,213 $104,087
2018 $4,864 $415,000 $312,953 $102,047
2017 $3,202 $271,558 $155,053 $116,505
2016 $3,373 $266,234 $152,013 $114,221
2015 $3,379 $262,235 $149,729 $112,506
2014 $3,310 $257,099 $146,796 $110,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24105932

California Regional Multiple Listing Service (CRMLS)

APN: 931-835-22