Welcome to this highly upgraded 3-bedroom, 3-bathroom condo in the desirable Melinda Heights neighborhood of Rancho Santa Margarita. This beautifully designed home features luxury vinyl plank flooring throughout and vaulted ceilings with an abundance of windows, creating a bright and airy atmosphere. The stairway is adorned with elegant wrought iron balusters, adding a touch of sophistication. The main floor includes a convenient bedroom and full bath, perfect for guests or a home office. The spacious kitchen is equipped with newer stainless steel appliances, ideal for modern cooking. Upstairs, the large primary bedroom provides a relaxing retreat, complete with a fully remodeled en-suite bathroom featuring a sleek new shower, updated lighting, and fresh closet doors. The secondary bedroom is also generously sized, offering plenty of space and comfort. Ceiling fans are installed throughout the home for added comfort and efficiency. Ideally located across the street from the highly acclaimed Melinda Heights Elementary School, this home is also close to the toll road, scenic parks, a community pool, and pickleball courts, making it a perfect blend of luxury and convenience. This condo complex is beautiful with hundreds of trees, and well maintained. Don’t miss the opportunity to make this stunning condo your new home! Ideally located across the street from the highly acclaimed Melinda Heights Elementary School, this home is also close to the toll road, scenic parks, a community pool, and pickleball courts, making it a perfect blend of luxury and convenience. Don’t miss the opportunity to make this stunning condo your new home!
Property Details
Property Features
Property Information:
Year Built: 1996
Stories: 2
Living Area: 1,472 SqFt
Listing Office:
Office Name: Regency Real Estate Brokers
Office Phone: (949) 275-7339
Listing Agent: Marisa Whitaker
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
Flooring Type: Vinyl
Interior: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings, Bedroom on Main Level
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Direct Access, Garage
Lot Features
Lot Information:
Lot: Irrigation System, Front Yard, Landscaped, Near Public Transit
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Melinda Rd, left on Rancho Trabuco, left on Via Trompeta, Right on Tierra Plano
Price Information
Listing Price Info
Price Summary:
List Price: $930,000
Price Per SqFt: $632/SqFt
HOA Fees:
Amount: $518
Frequency: Monthly
Tax Information:
Annual Amount: $5,838
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rancho Santa Margarita, CA.
This property is $142K less than the Median Sold Price and $4/SqFt more than other homes in Rancho Santa Margarita, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24234772
Listing Office:
Office Name: Regency Real Estate Brokers
Office Phone: (949) 275-7339
Listing Agent: Marisa Whitaker
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 16, 2017
Jun 16, 2017Home Sold
$530,000
Dec 09, 2004
Dec 09, 2004Home Sold
$445,000
Aug 17, 1999
Aug 17, 1999Home Sold
$204,000
May 03, 1996
May 03, 1996Home Sold
$155,000
Apr 24, 1995
Apr 24, 1995Home Sold
$450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,838
$568,266
2020
$5,821
$562,440
2019
$6,893
$551,412
2018
$6,894
$540,600
2017
$6,860
$505,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,227
Per Month
Principal & Interest
$4,642
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$518
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,855
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Melinda Heights Elementary School
21001 Rancho Trabuco
Distance between this listing and this school0.25 miles
Public District Grades KG-6
7
/10
Trabuco Elementary School
31052 Trabuco Canyon Rd
Distance between this listing and this school1.46 miles
Public District Grades KG-6
5
/10
Cielo Vista Elementary School
21811 Avenida De Los Fundado
Distance between this listing and this school1.73 miles
Public District Grades KG-6
Nearby Schools
7
/10
Rancho Santa Margarita Intermediate School
21931 Alma Aldea
Distance between this listing and this school1.61 miles
Public District Grades 7-8
9
/10
Arroyo Vista Middle School
23371 Arroyo Vis
Distance between this listing and this school2.13 miles
Public District Grades 6-8
9
/10
Oxford Preparatory Academy - South Orange County
23000 Via Santa Maria
Distance between this listing and this school3.04 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Trabuco Hills High School
27501 Mustang Run
Distance between this listing and this school2.06 miles
Public District Grades 9-12
7
/10
El Toro High School
25255 Toledo Way
Distance between this listing and this school4.35 miles
Public District Grades 9-12
5
/10
Svusd Virtual Academy (Alternative)
25632 Peter A Hartman Way
Distance between this listing and this school4.52 miles
The neighbors living near this home have an average income of $96,196. The majority of Rancho Santa Margarita, CA residents have income between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 42 Tierra Seguro
What is the listing price of this property?
The listing price of 42 Tierra Seguro property is $930,000.
What type of property is this?
The property 42 Tierra Seguro is a condo located in Rancho Santa Margarita, California, 92688.
Is this property for sale now?
Active Listing: 42 Tierra Seguro is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,838 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 16, 2017 for $530,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 42 Tierra Seguro has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 42 Tierra Seguro is 1,472 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 42 Tierra Seguro is 1996.
This home is located at 42 Tierra Seguro in Rancho Santa Margarita, CA and zip code 92688 in the Rancho Trabuco neighborhood. This 1,472 square foot home was built in 1996. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $930,000.
Rancho Santa Margarita, CA housing market in October 2024 saw over 15 listings sold above listed price, more than 3 sold at listed price and over 19 sold below. In October 2024 in Rancho Santa Margarita, CA there were 2.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $1,072,083.
From Rocket Homes Real Estate and based on county public records data.