Check Availability

17 Merano

17 Merano, Mission Viejo, CA 92692
Property in Mirasol
Sold Dec 06, 2022
$97,500,000
$731,250 by Castle Mortgage Corporation
Mortgage Due Jan 01, 2053
Sold Jul 29, 2010
$500,000
$493,356 by Flagstar Bank Fsb
Mortgage Due Aug 01, 2040
17 Merano has been categorized by the local assessors in Mission Viejo, CA as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 17 Merano has 2,133 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 454 sqft. According to our sources, there are a total of 2 available parking spaces. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 17 Merano sold most recently in Nov 7, 2022 for a total of $97,500,000. If you work out the math, that's approximately a cost of $45,710.27 per sqft. Before that, the property was also sold for $500,000 in Jul 24, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,800 in taxes each year. 17 Merano was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $975,000. If we break it down further, the land itself was valued at $694,796. Improvements to the property, however, were assessed at a total of $280,204. The property's total assessed value has been marked as more than the total market value 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 454
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,133
  • Building Area: 2,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELROSE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 14894 BLK LOT 3 UN 5 TRACT 14894, LOT 3 OF PROJECT 938-80 LOCATED ON

Ownership

  • Current Owner : ORDUBADI NADER
  • Previous Owner : ONIA FRANCISCO B
  • Owner Before Previous Owner: HUSSAIN OMAR
  • Owner Before Previous Owner 2: SHAIKH KHURRAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032038

Geography

  • Subdivision Tract Number: 14894
  • Parcel: 938-804-09
  • Lot: 3
  • Latitude: 33.5896
  • Longitude: -117.647

    Address

  • Full Address: 17 Melrose Dr
  • Address - House Number: 17
  • Address - Street Name: Melrose
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Mission Viejo
  • Carrier Code: C012
  • 4-Digit Zip Code: 5155
  • Zip Code: 92692

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,800
  • Tax Rate Code Area: 27-075

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,071,068
  • High Value: 1,259,331
  • Low Value: 882,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $731,250
  • First Open Lien Mortgage Lender: CASTLE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 06, 2022
  • First Open Lien Mortgage Loan Amount: $731,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $975,000
  • Assessed Land Value: $694,796
  • Assessed Improvements Value: $280,204

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Transaction ID: 11899446291
  • Current Sale Price: $97,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 399287
  • Previous Sale Recording Date: Jul 29, 2010
  • Previous Sale Contract Date: Jul 24, 2010
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CASTLE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 06, 2022
  • First Mortgage Loan Amount: $731,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jul 29, 2010
  • Previous Mortgage Loan Amount: $493,356
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2040

About Mirasol



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 27302 Galvez Lane, Mission Viejo, CA, 92691

$5,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,632 ft²
27302 Galvez Lane, Mission Viejo, CA, 92691 Listing by Amy Balsz
Unit for rent at 26471 San Torini Road, Mission Viejo, CA, 92692

$5,495 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,089 ft²
26471 San Torini Road, Mission Viejo, CA, 92692 Listing by Ziad Najm
Unit for rent at 24135 Zancon, Mission Viejo, CA, 92692

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,472 ft²
24135 Zancon, Mission Viejo, CA, 92692 Listing by Nickole Jean
Unit for rent at 25051 Amberwood, Mission Viejo, CA, 92692

$5,800 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,264 ft²
25051 Amberwood, Mission Viejo, CA, 92692 Listing by Ellie Zamani
Unit for rent at 27285 Viana, Mission Viejo, CA, 92692

$5,850 /mo

  • 5 Beds
  • 3 Baths
  • 2,674 ft²
27285 Viana, Mission Viejo, CA, 92692 Listing by Mehdi Taghiei
Unit for rent at 24581 Via Alvorado, Mission Viejo, CA, 92692

$5,600 /mo

  • 5 Beds
  • 3.5 Baths
  • 2,566 ft²
24581 Via Alvorado, Mission Viejo, CA, 92692 Listing by Sanaz Sepidar

Frequently Asked Questions

What neighborhood is 17 Merano located in?
The 17 Merano is a located in the neighborhood of Mirasol in Mirasol, Mission Viejo.
What is the average sales price for listings in 17 Merano?
The average sales price for units in 17 Merano is $0 currently.

Nearby Counties
Quantcast