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11 Shea Ridge

11 Shea Ridge, Rancho Santa Margarita, CA 92688
Property in Orange
Sold Feb 16, 1999
$464,000
$371,150 by Americas Wholesale Lndr
Mortgage Due Mar 01, 2029
11 Shea Ridge has been categorized by the local assessors in Rancho Santa Margarita, CA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. In addition, 11 Shea Ridge has 3,309 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,116 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 429 sqft. According to our sources, there are a total of 2 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 Shea Ridge was last sold in Dec 22, 1998 for $464,000. According to our calculations, that's $140.22 per sqft. Current property owners are expected to pay $7,019 in taxes per year. The property on 11 Shea Ridge was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $699,016. To break that down further, the land itself was valued at $306,205. While improvements to the property were assessed at a total of $392,811. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 429
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,116
  • Total Building Area: 3,309
  • Building Area: 3,309
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,309
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15536 BLK LOT 11

Ownership

  • Current Owner : CORNEJO CIRO
  • Current Owner 2: CHAN BETTY
  • Previous Owner : SHEA LAS FLORES LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032065

Geography

  • Assessors Map Reference: 922-G4
  • Subdivision Tract Number: 15536
  • Parcel: 780-193-49
  • Lot: 11
  • Latitude: 33.584
  • Longitude: -117.623

    Address

  • Full Address: 11 Shea Rdg
  • Address - House Number: 11
  • Address - Street Name: Shea
  • Address - Suffix Type: Rdg
  • State: CA
  • City Name: Rancho Santa Margarita
  • Carrier Code: R101
  • 4-Digit Zip Code: 8721
  • Zip Code: 92688

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,019
  • Tax Rate Code Area: 82-357

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 1,840,928
  • High Value: 2,145,384
  • Low Value: 1,536,471

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $555,150
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Open Lien Mortgage Recording Date: Feb 16, 1999
  • First Open Lien Mortgage Loan Amount: $371,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2029
  • Second Open Lien Mortgage Lender: PACIFIC BAY LENDING GROUP
  • Second Open Lien Mortgage Recording Date: Feb 25, 2021
  • Second Open Lien Mortgage Loan Amount: $184,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,016
  • Assessed Land Value: $306,205
  • Assessed Improvements Value: $392,811

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 1998
  • Current Sale Recording Date: Feb 16, 1999
  • Current Sale Transaction ID: 1206298091
  • Current Sale Price: $464,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19990109428

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Feb 16, 1999
  • First Mortgage Loan Amount: $371,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2029

About Las Flores



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Frequently Asked Questions

What neighborhood is 11 Shea Ridge located in?
The 11 Shea Ridge is a located in the neighborhood of Orange in Las Flores, Rancho Santa Margarita.
What is the average sales price for listings in 11 Shea Ridge?
The average sales price for units in 11 Shea Ridge is $0 currently.

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