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$1,198,000

Beds
3
Baths
2.5
sq ft
1,754

54 Melrose Dr, Mission Viejo, CA 92692

54 Melrose Dr

Mission Viejo, CA 92692

  • 9 days on market
A unique rare opportunity in Mission Viejo is waiting for you. Within the gated community of Melrose at Pacific Hills, in the hearts of Mission Viejo, this innovative 3 bedroom and a loft, 2.5 bath detached condo offers an open floor plan featuring vaulted ceilings, French doors leading to its own private backyard. Lots of natural lights through the windows into your kitchen, family and living rooms, makes every day bright and relaxing. Recently upgraded luxury Vinyl flooring throughout the house, stainless appliances in the kitchen, epoxy flooring in the garage, convenient upper lever laundry room, with all bedrooms on the second floor makes your life easier than ever for your family. Community association features the resort's style pool and spa all year around. You will also have membership to access all Mission Viejo Lake amenities. Award-Winning School district Saddleback Valley Unified, property is located close to 5 Freeway, shopping and dining areas, sport parks and nature.

Details

Property type

Condominium

Est. home value

$961,908

Lot size

3,000 sq ft

Price per sq ft

$684

Year built

1995

Monthly HOA fee

$215

Price History

10/06/2024
CRMLS

CRMLS #OC24207462

Listed
$1,198,000
+87.19%
06/04/2017
CRMLS

CRMLS #CV17097047

Sold
$640,000

Schools & Community

Elementary school: 

Bathgate

Middle school: 

Newhart

High school: 

Capistrano Valley

Community features: 

Pool, Gated, Lake, Park, Street Lights, Sidewalks

High school district: 

Capistrano Unified

Number of units in community: 

130

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

$760,309
Asking price
$1,198,000
Closing costs (~8% of asking)
-$95,840
Est. remaining loan balance
-$341,851
Cash to seller
$760,309

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

Seller’s Loan History

Lender

Interbank Mortgage Co

Loan start date

January 2015

Original loan amount

$430,250

Est. remaining balance

$341,851

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Nazanin Madjd and Amir Madjd

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: 10/15/2024 at 10:15 AM

Listing updated: 10/10/2024 at 7:15 AM

Listed by: Sevki Piskinsoy, Sevki Piskinsoy, Broker Phone #: (949) 690-0680

MLS: CRMLS #OC24207462

CRMLS logo

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