tomo logo

$617,000

Beds
2
Baths
2.0
sq ft
886

78 Montana del Lago Dr, Rancho Santa Margarita, CA 92688

78 Montana del Lago Dr

Rancho Santa Margarita, CA 92688

  • 17 days on market
    • Price drop $10,000↓
Welcome to 78 Montana Del Lago! Enter into your updated, bright, and airy new home, where you're greeted by a cozy living room featuring high ceilings, stylish laminate floors, a private balcony, and a welcoming fireplace. The open floor plan seamlessly connects the living, dining area, and kitchen areas—perfect for entertaining. The kitchen is equipped with granite countertops, white cabinetry, and stainless steel appliances. This unit is located on the second floor, with all the bedrooms situated on the upper level. Upstairs, you’ll find two generously sized bedrooms and bathrooms. The primary suite serves as a true retreat, complete with an ensuite bathroom for added privacy. An indoor laundry closet with a stackable washer and dryer is conveniently located upstairs. This home offers a two-car tandem garage (or one oversized detached garage). This house includes a new reverse osmosis water filtration system. Enjoy the nearby amenities, including the Montana Del Lago pool and spa, RSM Lake, RSM Beach Club, restaurants, shopping, schools, and parks. Rancho Santa Margarita also offers multiple pools, parks, tennis and pickleball courts, sport courts, a dog park, skate park, hiking and biking trails, and so much more. Make yourself at home in this vibrant community!

Details

Property type

Condominium

Est. home value

$616,331

Lot size

1,437 sq ft

Price per sq ft

$697

Year built

1990

Monthly HOA fee

$481

Price History

11/12/2024
CRMLS

CRMLS #OC24229142

Price change
$617,000
-1.59%
11/07/2024
CRMLS

CRMLS #OC24229142

Listed
$627,000
+8.1%
05/12/2022
CRMLS

CRMLS #OC22063841

Sold
$580,000
+52.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Lake, Park, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

100

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

$71,599
Asking price
$617,000
Closing costs (~8% of asking)
-$49,360
Est. remaining loan balance
-$496,041
Cash to seller
$71,599

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2022

Original loan amount

$520,960

Est. remaining balance

$496,041

Interest rate

3.89%

Loan type

FHA, 30 year

Seller

Moahammed Fawzi Ibrahim Falli and Shannon Lee Cathey Falli

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: 11/23/2024 at 5:05 PM

Listing updated: 11/17/2024 at 3:55 PM

Listed by: Jill Garland, Redfin Phone #: (877) 973-3346

MLS: CRMLS #OC24229142

CRMLS logo