tomo logo

$585,000

Beds
2
Baths
1.0
sq ft
781

7 Redbud Unit 128, Rancho Santa Margarita, CA 92688

7 Redbud Unit 128

Rancho Santa Margarita, CA 92688

  • 26 days on market
    • Price drop $14,000↓
This beautifully upgraded 2 bedroom condo in the heart of Rancho Santa Margarita offers a modern and stylish living space that is sure to impress. The location is ideal for those seeking convenience and a vibrant community atmosphere. Meticulous appointments throughout provide a cozy environment to call home. Step inside to the spacious living room that offers a modern open design with high vaulted ceilings.The custom kitchen features elegant white shaker cabinetry, modern stainless steel appliances, sleek quartz countertops, and stylish plank flooring throughout. The kitchen seamlessly transitions into a dining area with new fixtures, creating a cohesive and inviting living space.The downstairs bedroom provides ample space with a ceiling fan, a generously sized closet, and beautiful views of the sunset through the large window. The adjacent full bath has been upgraded with a new vanity, fixtures, quartz counters, and additional storage. Climb the beautifully designed stairs to the oversized second bedroom, which offers plenty of privacy. You'll find 3 peek-a-boo windows and a spacious walk-in closet awaiting you. And don't forget the amazing sunset views from your own front patio. Enjoy amenities including beach club access, multiple community pools and parks, outdoor BBQ areas, tennis, sports courts, hiking and biking trails surrounding the community in O'neil park. Ideally located walking distance to RSM lake, local restaurants, shopping and toll road access. Washer/Dryer included!This home has it all and is the perfect place to call home.

Details

Property type

Condominium

Est. home value

$578,882

Lot size

Unknown

Price per sq ft

$750

Year built

1987

Monthly HOA fee

$291

Price History

06/27/2024
CRMLS

CRMLS #OC24114936

Price change
$585,000
-2.34%
06/12/2024
CRMLS

CRMLS #OC24114936

Listed
$599,000
+8.91%
06/17/2022
CRMLS

CRMLS #OC22045561

Sold
$550,000

Schools & Community

Elementary school: 

Trabuco Mesa

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

$152,755
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$385,445
Cash to seller
$152,755

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

Seller’s Loan History

Lender

Direct Mortgage Corp

Loan start date

April 2022

Original loan amount

$402,000

Est. remaining balance

$385,445

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Scott Scansen and Kimberly Scansen

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: 07/08/2024 at 3:30 PM

Listing updated: 07/08/2024 at 10:43 AM

Listed by: Susan Stoker, Bullock Russell RE Services Phone #: (949) 709-1555

MLS: CRMLS #OC24114936

CRMLS logo