42 Tierra Montanosa, Rancho Santa Margarita, CA 92688
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42 Tierra Montanosa Rancho Santa Margarita, CA 92688

$775,000
  • 2 Beds
  • 2 Baths
  • 1,253 Sq.Ft.
For Sale
$775,000 Get Pre-Qualified

Map preview of 42 Tierra Montanosa, Rancho Santa Margarita, CA 92688

Property Overview: 42 Tierra Montanosa Rancho Santa Margarita, CA has 2 bedrooms, 2 bathrooms, 1,253 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: **BACK ON MARKET** Buyer did not perform, this will go fast again so don't miss out! PRIME PRIVACY LOCATION BACKING TO TREE LINE! Tons of upgrades in this 2 bed / 2 full bath PLUS loft which is perfect for home office or even additional open guest bed area. Main living areas and bedrooms all on same upper level with no one above or below this townhome. Enjoy the cozy gas fireplace and soaring ceiling in the light and bright living room. Beautiful newer neutral LVP in main areas and higher grade neutral carpet in bedrooms. Gorgeous newer counters in kitchen and baths with sleek and modern dark fixtures. Gas stove in kitchen. Entertain or just enjoy your morning coffee on the private feeling deck that backs to tree line and beautiful breezes. Newer PEX piping. Direct access 2 car garage. Complex amenities include pool and spa. Of course includes access to all the awesome amenities beautiful master planned RSM has to offer such as beach club, tennis, and more including awesome highly rated schools (check greatschools.com for own review) and lake and shopping and, and, and! Walking distance to elementary.

Listed by Jennifer Hart | BRE #01339895 | eXp Realty of California Inc
Last checked: 14 minutes ago | Last updated: June 17th, 2024 | Source CRMLS | DOM: 34
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Home details

Lot Sq. Ft
--
HOA Dues
$599/mo
Year built
1996
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
OC24098385
City
Rancho Santa Margarita
County
Orange
Time on Site
33 days

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Property Details for 42 Tierra Montanosa

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Dryer Included, In Garage, Washer Included
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • All Bedrooms Up, Family Room, Kitchen, Loft, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Living Room Deck Attached, Quartz Counters, Two Story Ceilings
  • Levels: Two
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community, In Ground
  • Covered, Deck
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Total # of Units: 200
  • Parcel Number: 93812284
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: Washer and Dryer
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Tierra Montanosa
  • Association Fee: $518 (Monthly)
  • Second Association Name: SAMLARC
  • Second Association Fee: $81 (Monthly)
  • Association Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse, Banquet Facilities, Meeting Room
  • Total Average Monthly Fee: $599
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Melinda Heights
  • Elementary School: MELHEI
  • Middle/Junior High School: Rancho Santa Margarita
  • Middle/Junior High School: RASAMA
  • High School: Trabucco Hills
  • High School: TRAHIL2
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Tierra Montanosa (TIEM)
  • Directions: After entering complex, drive straight towards back and vear left
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Street Lights
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Sale History for 42 Tierra Montanosa

Last sold for $418,000 on March 21st, 2016
  • May, 2024

  • May 15, 2024

    Date

    Active

    CRMLS: OC24098385

    $775,000

    Price

  • March, 2016

  • Mar 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $418,000

    Price

  • April, 2013

  • Apr 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $246,500

    Price

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Tax History for 42 Tierra Montanosa

Assessed Value (2020): $452,455
Year Land Value Improved Value Assessed Value
2020 $291,429 $161,026 $452,455

Home Value Compared to the Market

This property vs the competition

42 Tierra Montanosa is listed 22.42% lower than the median list price for the city of Rancho Santa Margarita which has a median list price of $999,000. The median price per/sqft for Rancho Santa Margarita is $621 and this home is listed at $618.52 per/sqft which puts the price per square foot 0.4% lower than the median price per square foot for the city of Rancho Santa Margarita.

About 42 Tierra Montanosa

Detailed summary of property

42 Tierra Montanosa is a condominium located in Rancho Santa Margarita, CA 92688 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 1,253 living square feet, and sits on an approximately -- square foot lot. 42 Tierra Montanosa was first listed on ArdentRealEstateGroup.com on May 15, 2024. The homeowner is currently asking $775,000. The median priced home in Rancho Santa Margarita is $999,000 with a median price per square foot of $621. Based on Ardent Real Estate Group's Rancho Santa Margarita Market Data, this home is listed 22.42% lower than the median priced home. Local competing homes currently for sale include 9427 Reserve Dr, 9417 Reserve Dr and 24565 Lowe Dr. This home does have a Homeowners Association and the monthly fee is $599 per month. While the average home in Rancho Santa Margarita, CA is selling in 45 days, 42 Tierra Montanosa has a days on market of 34 days. There are currently 96 homes for sale in the Rancho Santa Margarita real estate market and 50 of them are single family homes while 40 of them are condos and 6 are townhomes. For more information on this home for sale at 42 Tierra Montanosa Rancho Santa Margarita, CA 92688 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Santa Margarita agents.

Public Facts for 42 Tierra Montanosa

Public county record property details
Beds
2
Baths
2
Year built
1996
Sq. Ft.
1,164
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
938-122-84

The source for these homes facts are from public records.

92688 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,990
Median List Price/Sq.Ft.
$630
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$651
Total Inventory
82
Median Sale to List Price %
100%
Avg Days on Market
14
Loan Type
Conventional (57.89%), FHA (2.63%), VA (2.63%), Cash (21.05%), Other (15.79%)

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Related Resources to 42 Tierra Montanosa

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.