tomo logo

$580,000

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

  • 49 days on market
    • Price drop $15,000↓
Price Drop! Was: $595,000 Now: $580,000. This incredible property is now even more affordable!! Welcome to 78 Montana Del Lago! Step into this beautifully updated second-floor unit, where brightness and charm abound. The inviting living room greets you with soaring high ceilings, sleek laminate flooring, a cozy fireplace, and a private balcony perfect for relaxing or entertaining. 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. The second level boasts two spacious bedrooms, each thoughtfully designed for comfort, along with two well-appointed bathrooms that offer both style and convenience. 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

$655

Year built

1990

Monthly HOA fee

$481

Price History

12/11/2024
CRMLS

CRMLS #OC24229142

Price change
$580,000
-2.52%
12/06/2024
CRMLS

CRMLS #OC24229142

Price change
$595,000
-0.67%
12/05/2024
CRMLS

CRMLS #OC24229142

Price change
$599,000
-2.92%

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

$38,406
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$495,194
Cash to seller
$38,406

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

$495,194

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?

Similar Homes Nearby

Pending
CRMLS
$624,900
2 bd
|
2 ba
|
924 sq ft
|
Condo

28 Vista Barranca Unit 52, Rancho Santa Margarita, CA 92688

CRMLS
$599,999
2 bd
|
2 ba
|
1,050 sq ft
|
Condo

19 De Lila, Rancho Santa Margarita, CA 92688

Sold
CRMLS
$649,900
2 bd
|
2 ba
|
940 sq ft
|
Condo

28484 Sassetta Way, Trabuco Canyon, CA 92679

Status: Active

Tomo last checked: 12/25/2024 at 9:20 PM

Listing updated: 12/13/2024 at 11:25 AM

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

MLS: CRMLS #OC24229142

CRMLS logo

Recently listed in Rancho Santa Margarita