tomo logo

$826,888

Beds
3
Baths
2.5
sq ft
1,240

26888 Park Terrace Ln, Mission Viejo, CA 92692

26888 Park Terrace Ln

Mission Viejo, CA 92692

  • 2 days on market
Beautiful End-Unit Townhome in Mission Viejo! This charming 3-bedroom, 2.5-bathroom end-unit townhome offers a bright and inviting living space with wood flooring throughout. The spacious living room is filled with natural light and features a cozy fireplace, perfect for relaxing evenings. The kitchen, complete with tile countertops, provides ample cabinet space and flows conveniently into the laundry room, making everyday chores a breeze. Upstairs, you'll find generously sized bedrooms, including a primary suite with an ensuite bathroom. Step outside to a good-sized private patio, ideal for outdoor dining, entertaining, or simply unwinding. The home also features a direct-access 2-car garage, equipped with a smart MyQ WiFi LiftMaster garage door opener for added convenience, as well as a water softener to enhance water quality. Residents enjoy access to two community pools and spas, adding to the resort-style living experience. Prime Location! This home is conveniently located near shopping, dining, parks, and top-rated schools, with easy access to freeways and local attractions. Don't miss this incredible opportunity! Must See!

Details

Property type

Townhouse

Est. home value

$791,071

Lot size

0.4222 acres

Price per sq ft

$667

Year built

1992

Monthly HOA fee

$435

Price History

02/21/2025
CRMLS

CRMLS #OC25037056

Listed
$826,888
+12.5%
09/03/2022
CRMLS

CRMLS #OC22173707

Sold
$735,000

Schools & Community

Elementary school: 

Carl Hankey

Middle school: 

Unknown

High school: 

Capistrano Valley

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Capistrano Unified

Number of units in community: 

300

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

$86,156
Asking price
$826,888
Closing costs (~8% of asking)
-$66,151
Est. remaining loan balance
-$674,581
Cash to seller
$86,156

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2022

Original loan amount

$698,250

Est. remaining balance

$674,581

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Michael Morcos

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?

Status: Active

Tomo last checked: 02/24/2025 at 7:50 AM

Listing updated: 02/23/2025 at 6:54 PM

Listed by: Ed Mecheal, Ed Mecheal, Realty One Group WestRealty One Group West Phone #: (949) 297-2020

MLS: CRMLS #OC25037056

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