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3 Tierra Montanosa

3 Tierra Montanosa, Rancho Santa Margarita, CA 92688
Property in Tierra Montanosa
Sold Nov 03, 2020
$590,000
$502,000 by Cmg Mortgage Inc
Mortgage Due Jan 01, 2052
Sold Jun 12, 2009
$352,000
$345,624 by Fpf Wholesale
Mortgage Due Jul 01, 2039
3 Tierra Montanosa in Rancho Santa Margarita, CA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3 Tierra Montanosa has 1,361 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 552 sqft. 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, 3 Tierra Montanosa sold most recently in Oct 20, 2020 for a total of $590,000. If you work out the math, that's approximately a cost of $433.50 per sqft. Before that, the property was also sold for $352,000 in May 8, 2009. 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 $6,389 in taxes each year. 3 Tierra Montanosa was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $613,836. If we break it down further, the land itself was valued at $429,296. Improvements to the property, however, were assessed at a total of $184,540. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,361
  • Building Area: 1,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIERRA MONTANOSA
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 14833 BLK LOT 1 UN 164 TRACT 14833, LOT 1 OF PROJECT 938-12 LOCATED ON

Ownership

  • Current Owner : PHILIPSEN JENNIFER
  • Current Owner 2: OCON STEVE F
  • Previous Owner : BUCKELS VERONICA
  • Previous Owner 2: BUCKELS AUSTIN
  • Owner Before Previous Owner: THE FALCONE FAMILY LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 032049

Geography

  • Subdivision Tract Number: 14833
  • Parcel: 938-123-19
  • Lot: 1
  • Latitude: 33.6551
  • Longitude: -117.615

    Address

  • Full Address: 3 Tierra Montanosa
  • Address - House Number: 3
  • Address - Street Name: Tierra Montanosa
  • State: CA
  • City Name: Rancho Santa Margarita
  • Carrier Code: C065
  • 4-Digit Zip Code: 3373
  • Zip Code: 92688

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,389
  • Tax Rate Code Area: 33-060

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 832,119
  • High Value: 975,804
  • Low Value: 688,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $502,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $502,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,836
  • Assessed Land Value: $429,296
  • Assessed Improvements Value: $184,540

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11796365544
  • Current Sale Price: $590,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000630132
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Contract Date: May 08, 2009
  • Previous Sale Amount: $352,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $501,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FPF WHOLESALE
  • Previous Mortgage Transaction Date: Jun 12, 2009
  • Previous Mortgage Loan Amount: $345,624
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 3 Tierra Montanosa located in?
The 3 Tierra Montanosa is a located in the neighborhood of Tierra Montanosa in SAMLARC, Rancho Santa Margarita.
What is the average sales price for listings in 3 Tierra Montanosa?
The average sales price for units in 3 Tierra Montanosa is $0 currently.

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