NOT LISTED FOR SALE

9 Milkwood Unit 109 Rancho Santa Margarita, CA 92688

Estimated Value: $540,428 - $637,000

2 Beds
2 Baths
858 Sq Ft
$275/mo HOA Fee

Last Sold June 22, 2018

Last sale price $367,000 $428 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,732/month

23 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Wood Flooring
  • Trabuco Mesa Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of June 2018

Nice freshly painted ground floor 2 bed 2 bath condo with 1 car garage. Great community pool and spa. Tot lot. .4 miles from O'Neil Regional Park gate. Next to Lago Santa Margarita Beach Club. Exterior unit. Walking distance to Lake and Bike trails.

Last Agent to Sell the Property

James Power

Power Realty License #01027174 Listed on: 05/10/2018

Last Buyer's Agent

Fred Keshawarz

Oscar Tortola Group Real Estate Services License #01949789

Oscar Tortola Group Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Fenced
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12717
  • Assessor Parcel Number 93375076

Community Details

Overview

  • 172 Units
  • Mission Courts II Association, Phone Number (949) 261-8282
  • Samlarc Association, Phone Number (949) 448-6000

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,295

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Mission Courts (R2) (MC)
  • View: No
  • Zoning: R
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93375076
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 858.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 427.74
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Suite
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Inside
  • 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
  • Association Fee: 220.00
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mission Courts II
  • Phone: 949-261-8282
  • Association Phone #2: 949-448-6000
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Cielo Vista
  • Middle School: Rancho Santa Margarita
  • High School: Trabucco Hills
  • Elementary School: Cielo Vista
  • High School: Trabucco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: CIEVIS
  • High School2: TRAHIL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 172
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.51
  • Tax Lot: 6
  • Tax Tract Number: 12717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 7, 2018
Sold by
Nelson Lorianne L
Bought by
Vemulapalli Balaji Babu and Kovya Nagamalli
Seller's Agent
James Power
Power Realty
Buyer's Agent
Fred Keshawarz
Oscar Tortola Group Real Estate Services
List Price
$369,999
Sold Price
$367,000
Premium/Discount to List
-$2,999
-0.81%
Current Estimated Value
$589,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,107
Avg. Annual Appreciation
6.65%
Original Mortgage
$275,200
Outstanding Balance
$165,036
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$424,071

Purchase Details

Closed on
Oct 29, 2007
Sold by
Nelson Lorianne L
Bought by
Nelson Lorianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Nelson Thomas Joseph and Nelson Blake Joseph
Bought by
Nelson Lorianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 7, 2006
Sold by
Moore Glenda R
Bought by
Nelson Lorianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 15, 2002
Sold by
Moore Glenda R
Bought by
Moore Glenda R and The Glenda R Moore Trust

Purchase Details

Closed on
Nov 8, 2001
Sold by
Farias Roland
Bought by
Moore Glenda R

Purchase Details

Closed on
Apr 26, 2001
Sold by
Farias Linda C and Lenning Allen R
Bought by
Farias Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1999
Sold by
Ronald Kuch and Ronald Carol
Bought by
Farias Roland and Farias Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,550
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1998
Sold by
Kuch Peterson Nichole
Bought by
Kuch Ronald and Kuch Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1995
Sold by
Peterson Jeffrey A
Bought by
Peterson Nicole Kuch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,720
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1995
Sold by
Hud
Bought by
Kuch Ronald and Kuch Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,720
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1994
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 28, 1994
Sold by
Mulligan James P
Bought by
Fleet Mtg Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vemulapalli Balaji Babu $367,000 Lawyers Title
Nelson Lorianne L -- Fidelity National Title
Nelson Lorianne L -- Chicago Title Co
Nelson Lorianne L $356,000 Chicago Title Co
Moore Glenda R -- --
Moore Glenda R $169,000 Orange Coast Title
Farias Roland -- First American Title Ins Co
Farias Roland $114,000 --
Kuch Ronald -- Lawyers Title Company
Peterson Nicole Kuch -- First American Title Ins Co
Kuch Ronald $57,000 First American Title Ins Co
Hud -- Fidelity National Title Ins
Fleet Mtg Corp $142,124 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vemulapalli Balaji Babu $275,200
Previous Owner Nelson Lorianne L $333,000
Previous Owner Nelson Lorianne L $284,800
Previous Owner Farias Roland $137,400
Previous Owner Farias Roland $110,550
Previous Owner Kuch Ronald $66,000
Previous Owner Kuch Ronald $54,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $367,000 -0.8% $428 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $369,999 -- $431 / 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 $4,295 $417,579 $341,350 $76,229
2024 $4,295 $409,392 $334,657 $74,735
2023 $4,198 $401,365 $328,095 $73,270
2022 $4,128 $393,496 $321,662 $71,834
2021 $3,604 $385,781 $315,355 $70,426
2020 $4,021 $381,826 $312,122 $69,704
2019 $4,573 $374,340 $306,002 $68,338
2018 $4,560 $375,000 $286,926 $88,074
2017 $4,138 $331,000 $242,926 $88,074
2016 $4,093 $302,000 $213,926 $88,074
2015 $4,185 $302,000 $213,926 $88,074
2014 $3,407 $245,575 $157,501 $88,074
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Power

    Power Realty

    Section Image

  • F

    Buyer's Agent in 2018

    Fred Keshawarz

    Oscar Tortola Group Real Estate Services

    (615) 754-0200

    1 Total Sale

    Fred Keshawarz
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18110852

California Regional Multiple Listing Service (CRMLS)

APN: 933-750-76

California Orange County Rancho Santa Margarita 92688

9 Milkwood Unit 109, Rancho Santa Margarita, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes