47 Tierra Plano, Rancho Santa Margarita, CA 92688
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47 Tierra Plano Rancho Santa Margarita, CA 92688

$740,000 Sold Price as of 05/28/2023
  • 2 Beds
  • 2.5 Baths
  • 1,241 Sq.Ft.
Sold
$740,000 Sold Price as of 05/28/2023 Refinance Your Mortgage

Map preview of 47 Tierra Plano, Rancho Santa Margarita, CA 92688

Property Overview: 47 Tierra Plano Rancho Santa Margarita, CA has 2 bedrooms, 2.5 bathrooms, 1,241 living square feet and 1,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to one of the finest 2 bedroom 3 Bath homes RSM has to offer. This beautiful townhome boasts an exquisite layout and design, with no neighbors above or below. You'll love the dual master bedrooms, each with its own private full bathroom, while a third guest bathroom is conveniently located downstairs. The spacious kitchen, dining room, and living room are all situated on the ground level, making it easy to transport groceries from the large 2-car garage. Step outside to enjoy the enclosed patio, which features a privacy gate that can be locked. Complete your laundry in your own large laundry room that has additional storage to the side of the machines. The attached 2-car garage serves as a convenient entry point, Additionally, this home's location on an interior cul-de-sac is a definite plus, providing a quieter and more peaceful environment than those that open to the main street. The property is also located directly across the street from Melinda Heights Elementary School, one of the best schools in the area. The Melinda Heights community is known for its stunning topography and proximity to the foothills, which offer breathtaking views, hiking opportunities, and walking paths. This area is highly desirable and sought-after by many. Plumbing has been re-piped with Pex in 2020

Listed by John Murray | BRE #01876094 | Regency Real Estate Brokers
Co-listed by Margo Murray | BRE #01007687 | Regency Real Estate Brokers
Last checked: 16 minutes ago | Last updated: July 11th, 2023 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
1,300
HOA Dues
$513/mo
Year built
1994
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
OC23044673
City
Rancho Santa Margarita
County
Orange
Time on Site
376 days

Virtual Tour

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Property Details for 47 Tierra Plano

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, High Ceilings
  • Levels: Two
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Patio, Front Porch, Stone
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Size Source: Estimated
  • Common Interest: Condominium
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 1
  • Parcel Number: 93812202
  • Year Built Source: Estimated
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Tierra Montanosa
  • Association Fee: $432 (Monthly)
  • Second Association Name: Samlarc
  • Second Association Fee: $81 (Frequency Unknown)
  • Association Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Total Average Monthly Fee: $513
Utilities Information
  • Sewer: Sewer On Bond
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Sewer Bonds
Schools
School Information
  • Elementary School: Melinda Heights
  • Elementary School: MELHEI
  • Middle/Junior High School: Rancho Santa Margarita
  • Middle/Junior High School: RASAMA
  • High School: Trabuco Hills
  • High School: TRAHIL
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Tierra Montanosa (TIEM)
  • Directions: From Melinda Road turn west onto rancho trabuco, make first left into neighborhood first right onto tierra plano home is located in second block on the right
Neighborhood Information
  • Community Features: Biking, BLM/National Forest, Curbs, Foothills, Hiking, Gutters, Lake, Park, Mountainous, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights
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Sale History for 47 Tierra Plano

Last leased for $2,350 on July 11th, 2023
  • July, 2023

  • Jul 11, 2023

    Date

    Leased

    CRMLS: OC23095460

    $2,350

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: OC23095460

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Welcome to nice 2 bedrooms 3 bath home at RSM. This beautiful townhouse has a unique floor plan with no one above or below. The dual master bedrooms, each has its private full bathroom, while guests have access to the third bathroom downstairs. Living room, dining room, and the spacious kitchen are located on the ground level with an easy access to the large 2-car garage. The laundry room is also located inside the unit on the ground level which has additional storage to the side of the machines. The enclosed patio is the perfect place to enjoy your morning coffee in the morning or to finish off your day with a glass of wine. The patio features a privacy gate that can be locked. The location of this home being on an interior cul-de-sac provides a more peaceful environment compared to those units that are located on main street. Melinda Heights Elementary School which is one of the best schools in the area is just across from the property.

  • May, 2023

  • May 28, 2023

    Date

    Sold

    CRMLS: OC23044673

    $740,000

    Price

  • Mar 17, 2023

    Date

    Active

    CRMLS: OC23044673

    $729,000

    Price

  • September, 2003

  • Sep 5, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2003

  • Apr 30, 2003

    Date

    Sold (Public Records)

    Public Records

    $308,000

    Price

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Tax History for 47 Tierra Plano

Assessed Value (2020): $407,883
Year Land Value Improved Value Assessed Value
2020 $235,234 $172,649 $407,883

Home Value Compared to the Market

This property vs the competition

47 Tierra Plano sold on May 28, 2023 for 27.46% lower than the current median sold price for the city of Rancho Santa Margarita which is $1,005,000. The median sold price per/sqft for Rancho Santa Margarita is $595 and this home is sold at $587.43 per/sqft which puts the price per square foot 1.27% lower than the current median sale per square foot for the city of Rancho Santa Margarita.

About 47 Tierra Plano

Detailed summary of property

47 Tierra Plano is a condominium that recently sold in Rancho Santa Margarita, CA 92688. This condo offered 2 bedrooms, 2.5 bathrooms, roughly 1,241 living square feet, and sits on an approximately 1,300 square foot lot. 47 Tierra Plano was first listed on ArdentRealEstateGroup.com on March 17, 2023. The homeowner sold the property for $740,000. Home in Rancho Santa Margarita are selling for a median price of $1,005,000 and a median price per square foot of $595. Based on Ardent Real Estate Group's Rancho Santa Margarita Market Data, this home is sold 27.46% lower than the current median priced home. Local homes that are currently for sale include 3196 Via Buena Vista #A, 59 Brownstone Way and 3281 San Amadeo #B. This home does have a Homeowners Association and the monthly fee is $513 per month. While the average home in Rancho Santa Margarita, CA is selling in 39 days, 47 Tierra Plano has a days on market of 39 days. There are currently 82 homes for sale in the Rancho Santa Margarita real estate market and 44 of them are single family homes while 27 of them are condos and 11 are townhomes. For more information on this home for sale at 47 Tierra Plano 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 47 Tierra Plano

Public county record property details
Beds
2
Baths
2
Year built
1994
Sq. Ft.
1,241
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
938-122-02

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
$870,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$959,000
Median Sold Price/Sq.Ft.
$610
Total Inventory
64
Median Sale to List Price %
103.23%
Avg Days on Market
27
Loan Type
Conventional (33.33%), FHA (3.33%), VA (3.33%), Cash (36.67%), Other (23.33%)

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Related Resources to 47 Tierra Plano

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.