112 Timbre, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath

112 Timbre, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$629,000
112 Timbre, Rancho Santa Margarita, California 92688
2Beds
2Baths
943Sqft
6,253Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Middle School: Arroyo Vista Middle School (9/10).
Top Cons:
Upstairs Unit Configuration: As an upstairs condo, it may present accessibility challenges or privacy concerns for some buyers compared to ground-floor units.

Compared to the nearby listings

Price:$629.0K vs avg $1.23M ($-596,000)1%
Size:943 sqft vs avg 1,977 sqft1%
Price/sqft:$667 vs avg $63771%

More Insights

Built in 1992 (33 years old).
Condition: Built in 1992, this condo is 32 years old. While the property appears well-maintained with some updates like recessed lighting, the kitchen and bathrooms are significantly dated. The kitchen features older white appliances, dated white cabinets, and laminate countertops. Both bathrooms have dated vanities, light fixtures, and tile surrounds. The flooring is primarily carpet, and the seller is offering a $5,000 credit for new floors and paint, indicating a clear need for cosmetic updates. Major systems are functional, but the aesthetic and components of the kitchen and bathrooms show signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1992
Close
-
List price
$629K
Original List price
$671K
Price/Sqft
$667
HOA
$465
Days on market
-
Sold On
-
MLS number
PW25166954
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills

About this home

**MOTIVATED SELLER ** WILLING TO CREDIT $5,000 TOWARDS CLOSING COSTS (for new floors and paint)!!! Charming Two-Bedroom Upstairs Condo in Prime Location – Los Portillos, Rancho Santa Margarita Welcome to this beautifully appointed two-bedroom, two-bathroom upstairs condo located in the highly sought-after Los Portillos neighborhood in the heart of Rancho Santa Margarita! This home offers the perfect blend of comfort, style, and convenience. As you step inside, you'll be greeted by a bright and airy open-concept living space featuring recessed canned lighting throughout. The spacious living room flows seamlessly into the dining area and kitchen, creating a perfect setting for relaxation and entertaining. The entire space is designed to maximize natural light, giving the home a warm and inviting atmosphere. The condo boasts a lovely private sitting area outside, perfect for enjoying morning coffee or unwinding after a long day, with serene views of the community. Enjoy resort-style living with access to a beautiful community pool and spa. This home also includes an attached garage, offering extra storage space and added convenience, as well as a covered assigned carport for a second vehicle. Located just minutes from the renowned O'Neill Park, seasonal creek, and the picturesque Rancho Santa Margarita Lake, you'll have endless opportunities for outdoor adventures. The property is also in proximity to top-rated schools, making it a perfect choice for families. With its prime location, fantastic amenities, and move-in ready condition, this condo is truly a rare find that won't last long. Come see it for yourself today!

Nearby schools

7/10
Arroyo Vista Elementary School
Public,K-51.0mi
9/10
Arroyo Vista Middle School
Public,6-81.0mi
Condition Rating
Fair

Built in 1992, this condo is 32 years old. While the property appears well-maintained with some updates like recessed lighting, the kitchen and bathrooms are significantly dated. The kitchen features older white appliances, dated white cabinets, and laminate countertops. Both bathrooms have dated vanities, light fixtures, and tile surrounds. The flooring is primarily carpet, and the seller is offering a $5,000 credit for new floors and paint, indicating a clear need for cosmetic updates. Major systems are functional, but the aesthetic and components of the kitchen and bathrooms show signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Great Schools: Middle School: Arroyo Vista Middle School (9/10).
Prime Location & Community Access: Located in the highly sought-after Los Portillos neighborhood, minutes from O'Neill Park, Rancho Santa Margarita Lake, and top-rated schools, offering excellent lifestyle and convenience.
Excellent Community Amenities: Residents enjoy resort-style living with access to a beautiful community pool and spa, enhancing the property's appeal.
Dedicated Parking & Storage: The property includes an attached garage for extra storage and a covered assigned carport for a second vehicle, providing significant convenience.
Seller Incentive for Updates: A motivated seller is offering a $5,000 credit towards closing costs for new floors and paint, providing immediate value and customization options for the buyer.
Bright & Open Interior Design: The condo features a bright and airy open-concept living space with recessed canned lighting, designed to maximize natural light and create an inviting atmosphere.

Cons

Upstairs Unit Configuration: As an upstairs condo, it may present accessibility challenges or privacy concerns for some buyers compared to ground-floor units.
Compact Square Footage: With 943 sqft, the living space is relatively small for a two-bedroom, two-bathroom unit, which might limit appeal for buyers seeking more expansive living areas.
Significant Monthly Association Fee: A monthly association fee of $465 adds a substantial recurring cost to homeownership, which could impact affordability for some buyers.

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