new - 3 days on rocket

51 Paseo Primero, Rancho Santa Margarita, CA, 92688

$899,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,384 SqFt
$650/SqFt
Townhouse

Location

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51 Paseo Primero, Rancho Santa Margarita$899,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDirect Access, Driveway Level, Garage Faces Front, Garage
Attached Garage2 spaces
Year Built1998
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewNone
MLS #LG24255443
StatusActive

About 51 Paseo Primero

51 Paseo Primero in Rancho Santa Margarita offers a beautifully upgraded detached townhome in one of the safest cities in the country. This modern home features high-end HVAC and appliance upgrades, ensuring optimal comfort and efficiency throughout the year. The first floor features a cozy living space connected to a dining area and kitchen, with access to a tranquil backyard space. While the second floor has two guest bedrooms and a full guest bathroom, along with a a beautiful and spacious primary bedroom and bathroom. There is also a spacious two car garage connected to the home with a nice driveway to provide plenty of parking. Located in the peaceful, family-friendly community of Melinda Heights, residents can enjoy a blend of convenience and tranquility with easy access to local amenities, parks, and top-rated schools. With its stylish finishes and prime location, this townhome is the perfect retreat for those seeking both luxury and security in one of California's most desirable areas.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 2
  • Living Area: 1,384 SqFt

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Email: dmorra@arborrealestate.com
  • Listing Agent: Dominick Morra

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Interior: Built-in Features, Ceiling Fan(s), All Bedrooms Up
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Driveway Level, Garage Faces Front, Garage

Virtual/3D Tour

  • Virtual Tour: 51 Paseo Primero
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Santa Margarita Parkway to Melinda to Paseo Primero

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,999
  • Price Per SqFt: $650/SqFt

HOA Fees:

  • Amount: $192
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,489
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Santa Margarita, CA.

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Rancho Santa Margarita, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$635

Avg. Days On Market

37

# of Sold Homes

40

51 Paseo Primero vs Rancho Santa Margarita

3 DAYS ON ROCKET

-34 Days

$899,999

-$179K Less

$650/SqFt

+$15 More

KEY TAKEAWAY

This property is $179K less than the Median Sold Price and $15/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: #LG24255443

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Email: dmorra@arborrealestate.com
  • Listing Agent: Dominick Morra

IDX 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: 1/6/2025, 8:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2020Home Sold
$623,000
Aug 10, 2016Home Sold
$530,000
Feb 07, 2008Home Sold
$495,000
Jul 06, 2005Home Sold
$550,000
May 12, 2003Home Sold
$355,000
May 12, 2003Home Sold
$355,000
Sep 06, 2001Home Sold
$265,000
Jun 20, 1997Home Sold
$163,500
Jun 30, 1995Home Sold
$3,450,500

Tax History

YEARPROP. TAXASSESSMENT
2021$6,489$623,000
2020$5,825$562,333
2019$7,487$551,307
2018$7,487$540,498
2017$7,793$529,900

History based on county public records data.

Payment Calculator

$4,751

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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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.

Nearby Schools

school-card-donut-770650
7
/10

  • Melinda Heights Elementary School

  • 21001 Rancho Trabuco

  • 0.23 miles

  • Public District Grades KG-6

school-card-donut-770651
7
/10

  • Trabuco Elementary School

  • 31052 Trabuco Canyon Rd

  • 1.35 miles

  • Public District Grades KG-6

school-card-donut-770652
5
/10

  • Cielo Vista Elementary School

  • 21811 Avenida De Los Fundado

  • 1.65 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,196. Typical income of Rancho Santa Margarita, CA residents is between $35k-100k annually. Most 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 51 Paseo Primero

What is the listing price of this property?

The listing price of 51 Paseo Primero property is $899,999.

What type of property is this?

The property 51 Paseo Primero is a townhouse located in Rancho Santa Margarita, California, 92688.

Is this property for sale now?

Active Listing: 51 Paseo Primero 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 $6,489 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 10, 2020 for $623,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 51 Paseo Primero has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 51 Paseo Primero is 1,384 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51 Paseo Primero is 1998.

Rocket Homes›California›Orange County›Rancho Santa Margarita›92688›51 Paseo Primero

This home is located at 51 Paseo Primero in Rancho Santa Margarita, CA and zip code 92688 in the Rancho Trabuco neighborhood. This 1,384 square foot home was built in 1998. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $899,999.

In December 2024 more than 11 listings in Rancho Santa Margarita, CA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 25 were sold below. Between November 2024 and December 2024, Rancho Santa Margarita, CA real estate market has seen decrease in the number of listings by 10.4%. While the average time on the market in December 2024 was 37 days, the median list price was $1,079,000.

From Rocket Homes Real Estate and based on county public records data.

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