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2 Arado

2 Arado, Rancho Santa Margarita, CA 92688
Sold Nov 01, 2018
$990,000
$478,000 by The State Bank
Mortgage Due Jun 01, 2050
Sold Oct 15, 2008
$865,000
$692,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2038
Local assessors in Rancho Santa Margarita, CA have categorized 2 Arado as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 7,875 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2 Arado has a total of 3,339 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 704 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 9, 2018 for $990,000. That's $296.50 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 2008 for $865,000. 2 Arado was last assessed in 2023. The total value of the property was assessed at $1,102,054. Specifically, the land the property is located on was valued at $602,171. While improvements on the property were assessed at a total of $499,883. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,213. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Stucco Exterior

Parking

Assigned Parking
Garage Parking
Unassigned Parking

Driveway

Driveway
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: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 704
  • Parking Space Count: 3
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 7,875
  • Total Building Area: 3,339
  • Building Area: 3,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13236 BLK LOT 52 TR NO 13236 LOT 52 POR OF LOT

Ownership

  • Current Owner : CALLAHAN CHASE
  • Current Owner 2: CALLAHAN AMBER
  • Previous Owner : SICILIANI DEBRA
  • Previous Owner 2: SICILIANI STEVEN
  • Owner Before Previous Owner: CURTIS JOHN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032053

Geography

  • Assessors Map Reference: 59-A4
  • Subdivision Tract Number: 13236
  • Parcel: 805-351-01
  • Lot: 52
  • Latitude: 33.6261
  • Longitude: -117.617

    Address

  • Full Address: 2 Arado
  • Address - House Number: 2
  • Address - Street Name: Arado
  • State: CA
  • City Name: Rancho Santa Margarita
  • Carrier Code: C057
  • 4-Digit Zip Code: 2749
  • Zip Code: 92688

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,213
  • Tax Rate Code Area: 33-024

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 1,553,963
  • High Value: 1,819,968
  • Low Value: 1,287,958

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $478,000
  • First Open Lien Mortgage Lender: THE STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $478,000
  • 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: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,102,054
  • Assessed Land Value: $602,171
  • Assessed Improvements Value: $499,883

    Sales

  • Current Sale Contract Date: Oct 09, 2018
  • Current Sale Recording Date: Nov 01, 2018
  • Current Sale Transaction ID: 11528627947
  • Current Sale Price: $990,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000397514
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Contract Date: Sep 04, 2008
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE STATE BANK
  • First Mortgage Transaction Date: Nov 01, 2018
  • First Mortgage Loan Amount: $792,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 15, 2008
  • Previous Mortgage Loan Amount: $692,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2038

About SAMLARC



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Nearby Rentals

Unit for rent at

$2,855 /mo

  • 2 Beds
  • 1 Bath
  • 918 ft²
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Unit for rent at

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  • 1 Bed
  • 1 Bath
  • 692 ft²
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Frequently Asked Questions

What neighborhood is 2 Arado located in?
The 2 Arado is a house located in the neighborhood of Montilla-Paragon in SAMLARC, Rancho Santa Margarita.
What is the average sales price for listings in 2 Arado?
The average sales price for units in 2 Arado is $0 currently.

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