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$2,699,000

Beds
5
Baths
5.5
sq ft
3,968

12 Formero St, Rancho Mission Viejo, CA 92694

12 Formero St

Rancho Mission Viejo, CA 92694

  • Pending
Looking for a pool home in the award-winning community of Rancho Mission Viejo? 12 Formero is truly a one of a kind upgraded home in RMV with over $550,000 in new upgrades. This exceptional property offers five spacious bedrooms, including a private casita, along with 5.5 elegantly designed bathrooms. The home also features a versatile loft and a dedicated office space, perfect for modern living. The gourmet kitchen is a chef's paradise, outfitted with high-end appliances, custom cabinetry, and stunning Taj Mahal Quartzite countertops. Every detail in this home has been carefully curated to provide an unparalleled living experience, making it a true masterpiece in one of Southern California's most coveted neighborhoods. Other highlights include 39 paid off solar panels (22.5 MWh of production per year), Tesla Power Wall, 2 EV plugs, soft water system, Taj Mahal Quartzite countertops in kitchen and outdoor BBQ area, Clé Zellige Tile in kitchen, Plantation shutters, Restoration Hardware light fixtures, custom wood paneling, beams, built-ins and ceilings, custom added kitchen wood cabinets, custom brickwork, new window treatments, new exterior and interior paint, custom closets, LVP throughout, Pool with electric retractable cover, outdoor built in BBQ with custom direct ventilation system, Perlick Dual Tap Kegerator and Beverage Fridge, outdoor hardwired heaters in California Room, Kitchen Aid Wine Fridge, Fire Place in entry with TV, retractable screen at front door and electric drop shade in California Room, Nest Doorbell, Google Cameras hardwired on exterior, 3 car tandem garage with polished concrete, custom garage cabinets, storage racks, and so much more! One special feature of the community Aubergine is the walking trail at the end of the street that goes straight to Esencia K-8. This makes it easy to walk to school instead of waiting in the drop-off line. Exclusive to Rancho Mission Viejo residents are all amenities in the Villages of Sendero, Esencia, Rienda, and future Villages. There are community amenities for all from breathtaking resort-style pools and spas, Esencia school K-8, community farms, fitness centers, guest house, putting green, bocce ball courts, tennis and pickleball courts, playgrounds, coffee shop, fire pits, an arcade and so much more! Experience 12 Formero in Rancho Mission Viejo today.

Details

Property type

Single Family Residence

Est. home value

$2,301,206

Lot size

5,576 sq ft

Price per sq ft

$681

Year built

2017

Monthly HOA fee

$299

Price History

08/28/2024
CRMLS

CRMLS #OC24172698

Pending
$2,699,000
08/27/2024
CRMLS

CRMLS #OC24172698

Removed
$2,699,000
08/21/2024
CRMLS

CRMLS #OC24172698

Listed
$2,699,000
+58.86%

Schools & Community

Elementary school: 

Other

Middle school: 

Other

High school: 

Tesoro

Community features: 

Street Lights, Sidewalks, Park

High school district: 

Capistrano Unified

Number of units in community: 

66

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,214,321
Asking price
$2,699,000
Closing costs (~8% of asking)
-$215,920
Est. remaining loan balance
-$1,268,759
Cash to seller
$1,214,321

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2021

Original loan amount

$1,359,200

Est. remaining balance

$1,268,759

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Brian Ralph Apter and Chloe Lynn Apter

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:15 AM

Listing updated: 08/27/2024 at 5:05 PM

Listed by: Dave Archuletta, First Team Real Estate Phone #: (949) 458-1033

MLS: CRMLS #OC24172698

CRMLS logo