5 Palacio Rancho Santa Margarita, CA 92688

$695,000 Sold Price as of 12/14/2017

3 Beds
2 Baths
1,857 Sq.Ft.

Off Market

$695,000 Sold Price as of 12/14/2017 Refinance Your Mortgage

Map preview of 5 Palacio, Rancho Santa Margarita, CA 92688

Property Overview: 5 Palacio Rancho Santa Margarita, CA has 3 bedrooms, 2 bathrooms, 1,857 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5 Palacio is currently an off market home in the city of Rancho Santa Margarita. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Rancho Santa Margarita has a median list price of $1,098,000. The median price per/sqft for Rancho Santa Margarita is $639. With those numbers in mind, if you are looking to purchase a median priced home in Rancho Santa Margarita, CA and put 20% down you will need to save up $219,600 for the down payment and will need roughly $21,960 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Rancho Santa Margarita the commission could be as much as $53,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5 Palacio

Last sold for $694,900 on December 15th, 2017

December, 2017
Dec 19, 2017

Date

Sold

CRMLS: OC17234760

$694,900

Price
Nov 25, 2017

Date

Active Under Contract

CRMLS: OC17234760

$694,900

Price
Nov 13, 2017

Date

Price Change

CRMLS: OC17234760

$694,900

Price
Oct 13, 2017

Date

Active

CRMLS: OC17234760

$699,900

Price
Listing provided courtesy of CRMLS

An aura of tranquility and peace underscores this turnkey, highly upgraded three-bedroom Ballantree home in desirable Melinda Heights with its top rated schools. Vaulted soaring cathedral ceilings allow for light to filter throughout the downstairs. Features include main floor hard wood and ceramic tile flooring for easy maintenance; main floor wooden plantation shutters; and recessed lighting throughout. Huge family room and kitchen area with stainless steel appliances. Large Master bedroom suite with oversized walk-in closet, walk-in shower and large oval soaking tub. The recently installed Milguard French door with two screened sidelights opens on to the patio and yard where you may enjoy the good life. Sunset Magazine living at its best. The perfect Zenvironment. Nearby is Altisima Park with tennis courts, basketball courts, playground, and large pool. The Mello Roos is a low approximate $1600 and due to expire in 2019. Note: Enjoy the art and the 1966 Kawasaki F1 motorcycle. It was one of the first models Kawasaki sold in the US. Sorry, it is not for sale.

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December, 2017
Dec 14, 2017

Date

Sold (Public Records)

Public Records

$695,000

Price
October, 2006
Oct 5, 2006

Date

Sold (Public Records)

Public Records

$645,000

Price

Tax History for 5 Palacio

Assessed Value (2020): $722,973

Year	Land Value	Improved Value	Assessed Value
2020	$539,915	$183,058	$722,973

About 5 Palacio

Detailed summary of property

5 Palacio is a condominium in Rancho Santa Margarita, CA 92688 and last sold on December 14, 2017 for $695,000. This condo has 3 bedrooms, 2 bathrooms, roughly 1,857 living square feet, and sits on an approximately -- square foot lot. Homes in Rancho Santa Margarita are selling for a median price of $1,070,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Rancho Santa Margarita Market Data, this home is sold 35.05% lower than the current median priced home. 5 Palacio was last sold on December 14, 2017 for $695,000. Local nearby listings include 19301 Willow Brook Ln, 19292 Jasper Hill Rd and 20702 El Toro Rd #27. The average home in Rancho Santa Margarita, CA is selling in 52 days. There are currently 119 homes for sale in the Rancho Santa Margarita real estate market and 66 of them are single family homes while 41 of them are condos and 12 are townhomes. If you are the homeowner and looking to sell the home at 5 Palacio 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 5 Palacio

Public county record property details

Beds: 3
Baths: 2
Year built: 1997
Sq. Ft.: 1,857
Lot Size: --
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Orange
Lot#: 2
APN: 930-274-79

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

$950,000

Median List Price/Sq.Ft.

$643

Median Sold Price

$1,060,000

Median Sold Price/Sq.Ft.

$665

Total Inventory

Median Sale to List Price %

101.05%

Avg Days on Market

Loan Type

Conventional (54.76%), FHA (2.38%), VA (9.52%), Cash (11.9%), Other (21.43%)

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