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32 Reata Rancho

32 Reata Rancho, Rancho Santa Margarita, CA 92688
House in La Tierra
Sold Apr 11, 2022
$1,220,000
$970,800 by Cardinal Financial Company
Mortgage Due May 01, 2052
Sold Oct 02, 2020
$842,000
$757,800 by Cornerstone Home Lending Inc
Mortgage Due Nov 01, 2050
Local assessors in Rancho Santa Margarita, CA have categorized 32 Reata Rancho as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 4,150 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, 3 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 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 32 Reata Rancho has a total of 1,870 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 456 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 32 Reata Rancho was last sold in Mar 25, 2022 for $1,220,000. According to our calculations, that's $652.41 per sqft. Prior to that sales transaction, the property was sold for $842,000 in Aug 27, 2020. Current property owners are expected to pay $12,736 in taxes per year. The property on 32 Reata Rancho was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,244,400. To break that down further, the land itself was valued at $1,028,730. While improvements to the property were assessed at a total of $215,670. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway

Parking

Garage Parking

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,150
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13164
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13164 BLK LOT 7

Ownership

  • Current Owner : MOHANTY ABHISHEK
  • Current Owner 2: MARAHATTA ANITA
  • Previous Owner : MICHAEL POLLARD DENNIS
  • Previous Owner 2: MICHAEL ANN JULIE
  • Owner Before Previous Owner: SHEWARD ROBERT J
  • Owner Before Previous Owner 2: THE THOMAS WILLIAM SHEWARD LIV
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Assessors Map Reference: 29-F5
  • Subdivision Tract Number: 13164
  • Parcel: 805-291-07
  • Lot: 7
  • Latitude: 33.6116
  • Longitude: -117.619

    Address

  • Full Address: 32 Reata
  • Address - House Number: 32
  • Address - Street Name: Reata
  • State: CA
  • City Name: Rancho Santa Margarita
  • Carrier Code: C062
  • 4-Digit Zip Code: 3035
  • Zip Code: 92688

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,736
  • Tax Rate Code Area: 33-024

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,266,158
  • High Value: 1,485,000
  • Low Value: 1,047,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,800
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $970,800
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,244,400
  • Assessed Land Value: $1,028,730
  • Assessed Improvements Value: $215,670

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Transaction ID: 11884920452
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 137406
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $842,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Mortgage Transaction Date: Apr 11, 2022
  • First Mortgage Loan Amount: $970,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Oct 02, 2020
  • Previous Mortgage Loan Amount: $757,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About SAMLARC



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Frequently Asked Questions

What neighborhood is 32 Reata Rancho located in?
The 32 Reata Rancho is a house located in the neighborhood of La Tierra in SAMLARC, Rancho Santa Margarita.
What is the average sales price for listings in 32 Reata Rancho?
The average sales price for units in 32 Reata Rancho is $0 currently.

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