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$710,000

Beds
2
Baths
2.5
sq ft
1,250

60 Paseo del Sol, Rancho Santa Margarita, CA 92688

60 Paseo del Sol

Rancho Santa Margarita, CA 92688

  • 6 days on market
Most convenient and desirable Melinda Heights are of Rancho Santa Margarita, model perfect Cabo Vista 2 story townhome with nobody above or below and a pretty greenbelt behind. Gourmet size kitchen with granite counter, stainless gas range, dishwasher & microwave, enormous pantry, sunny breakfast nook, wrap around breakfast bar all open to the dining room & living room with wood or gas fireplace. Main level includes 1/2 bath, large inside laundry room for full size washer and gas or electric dryer hookups. Upstairs are two well separated bedrooms with en-suite bathrooms, vaulted ceilings, linen cabinet. Primary bedroom has a huge walk-in closet, dual sink vanity, walk-in shower and privacy water closet. Convenient direct access garage with remote opener & storage cabinets with ample secondary parking throughout the community. Nice patio with planter areas spans the entire back of the home and faces a greenbelt for privacy & pretty outlook. Hardwood floor throughout lower level, plush neutral carpet upstairs and porcelain tile in the bathrooms. Central heat & air conditioning. Convenient to Toll Roads, Mission Viejo, Lake Forest, Irvine and Rancho Santa Margarita with sought after schools, Enjoy the best of Orange County living with very low property tax rate of under 1.05% and No Mello Roos, according to OC Property Tax Assessor. HOA fee includes pool & spa, trash service, exterior maintenance & insurance on the structure plus access to all the wonderful amenities including the lake, beach club, pools, spas, tennis, pickleball, basketball, baseball, softball, football, soccer, lacrosse, field hockey, picnic and BBQ areas.

Details

Property type

Condominium

Est. home value

$648,471

Lot size

Unknown

Price per sq ft

$568

Year built

2000

Monthly HOA fee

$516

Price History

02/26/2025
CRMLS

CRMLS #OC25042242

Listed
$710,000
+89.33%
04/29/2016
CRMLS

CRMLS #OC14226347

Sold
$375,000

Schools & Community

Elementary school: 

Melinda Heights

Middle school: 

Rancho Santa Margarita

High school: 

Trabuco Hills

Community features: 

Pool, Curbs, Lake, Park, Street Lights, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

204

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

$458,605
Asking price
$710,000
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$194,595
Cash to seller
$458,605

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

November 2020

Original loan amount

$215,000

Est. remaining balance

$194,595

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Patrick Lo and Ida Lai

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: 03/04/2025 at 12:30 PM

Listing updated: 03/02/2025 at 2:50 PM

Listed by: John Sturdevant, John Sturdevant, Regency Real Estate BrokersRegency Real Estate Brokers Phone #: (949) 707-4400

MLS: CRMLS #OC25042242

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