tomo logo

$840,000

Beds
2
Baths
2.5
sq ft
1,241

47 Tierra Plano, Rancho Santa Margarita, CA 92688

47 Tierra Plano

Rancho Santa Margarita, CA 92688

  • 54 days on market
    • Price drop $25,000↓
Welcome to this spacious well maintained and upgraded 2 bedroom 3 bath home in RSM. This beautiful townhouse features a bright open floor plan with no neighbor above or below. The upgraded kitchen, dinning room, and living room are all situated on the ground level, making an easy entry access to the 2 car-garage from one side and access to other side from the main entrance door. This house also features dual master bedrooms each with its private full bathrooms, while having the third bathroom downstairs for guests. Enjoy the enclosed patio with a privacy gate that excludes it from outside. The house also features a laundry room with additional storage to the side of the machines. This house is located on a cul-de-sac which provides a quite environment compared to those houses open to main street. Additionally, the house is directly across from one of the best schools in the area, the known Melinda Height Elementary School. The Melinda Height Community is in close proximity of the foothills to enjoy the view and walking paths. The house is re-piped in 2020. The bedroom flooring just replaced with waterproof luxury vinyl and the stairs carpet are brand new.

Details

Property type

Townhouse

Est. home value

$737,366

Lot size

1,300 sq ft

Price per sq ft

$677

Year built

1994

Monthly HOA fee

$518.4

Price History

08/31/2024
CRMLS

CRMLS #OC24154355

Price change
$840,000
-2.89%
08/13/2024
CRMLS

CRMLS #OC24154355

Price change
$865,000
+1.76%
07/27/2024
CRMLS

CRMLS #OC24154355

Listed
$850,000
+14.86%

Schools & Community

Elementary school: 

Melinda Heights

Middle school: 

Rancho Santa Margarita

High school: 

Trabucco Hills

Community features: 

Pool, Street Lights, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

200

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

$81,471
Asking price
$840,000
Closing costs (~8% of asking)
-$67,200
Est. remaining loan balance
-$691,329
Cash to seller
$81,471

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

Seller’s Loan History

Lender

Mission Loans Llc

Loan start date

April 2023

Original loan amount

$703,000

Est. remaining balance

$691,329

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Behdad Arvin and Nasim Eshraghi

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: Active

Tomo last checked: 09/19/2024 at 2:25 AM

Listing updated: 09/14/2024 at 6:51 PM

Listed by: Katayoon Kordestany, HomeSmart, Evergreen Realty Phone #: (949) 753-7888

MLS: CRMLS #OC24154355

CRMLS logo

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