52 Via Brida, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 4 bed, 3 bath

52 Via Brida, Rancho Santa Margarita, California 92688 home-pic-0
ACTIVE$1,299,000
52 Via Brida, Rancho Santa Margarita, California 92688
4Beds
3Baths
2,032Sqft
4,860Lot

Price Vs. Estimate

The estimated value ($1,005,682.035) is $293,317.965 (22%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Assumable Mortgage: Offers a highly attractive 3.25% assumable mortgage, providing significant financial savings for a qualified buyer in the current market.
Top Cons:
Leased Solar System: While beneficial, the solar system is leased, which may require a buyer to assume the lease and could be a less attractive option than owned solar for some.

Compared to the nearby listings

Price:$1.30M vs avg $1.23M (+$74,000)58%
Size:2,032 sqft vs avg 2,018 sqft53%
Price/sqft:$639 vs avg $63757%

More Insights

Built in 1993 (32 years old).
Condition: Despite being built in 1993, this property has undergone a 'complete refresh' with extensive modern upgrades. The kitchen features newly painted white shaker cabinets, granite countertops, and stainless steel appliances. The bathrooms are 'custom' with high-end finishes, as seen in the main bath with its freestanding tub, marble-look tile, and rain shower. Major systems like HVAC and windows have been upgraded, and leased solar panels are installed. The flooring (tile and wood-look laminate) and light fixtures are contemporary and in excellent condition, indicating a very recent and comprehensive renovation that meets current quality standards.
Year Built
1993
Close
-
List price
$1.3M
Original List price
$1.38M
Price/Sqft
$639
HOA
$87
Days on market
-
Sold On
-
MLS number
OC25074912
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

**2% rate reduction property***Assumable mortgage of 3.25% available subject to agreement**Stop the home search, your dreams of finding an incredible home have come true! This 4 bedroom 2.5 bath property has undergone a complete refresh featuring newly painted walls and cabinets throughout! **Soaring ceilings with options for a downstairs bedroom and full bath too, inquire for more details! Upgrades include HVAC system, windows, and leased solar. Custom bathrooms, showers, and plantation shutters are additional features you'll love too! Access to Rancho Santa Margarita's master-planned community amenities like the beach club, lake, tennis courts, water park, trails, and much more are included with your HOA dues. No Mello Roos! Tax rate is about 1.01%! Inquire about pre listing home inspection and seller disclosures all upfront! Take the guess work out of buying your next home with complete transparency before you make your offer! Fire insurance quote available at about $2,200 / year.

Nearby schools

8/10
Melinda Heights Elementary School
Public,K-60.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-81.6mi
8/10
Trabuco Hills High School
Public,9-122.1mi
Condition Rating
Excellent

Despite being built in 1993, this property has undergone a 'complete refresh' with extensive modern upgrades. The kitchen features newly painted white shaker cabinets, granite countertops, and stainless steel appliances. The bathrooms are 'custom' with high-end finishes, as seen in the main bath with its freestanding tub, marble-look tile, and rain shower. Major systems like HVAC and windows have been upgraded, and leased solar panels are installed. The flooring (tile and wood-look laminate) and light fixtures are contemporary and in excellent condition, indicating a very recent and comprehensive renovation that meets current quality standards.
Pros & Cons

Pros

Assumable Mortgage: Offers a highly attractive 3.25% assumable mortgage, providing significant financial savings for a qualified buyer in the current market.
Extensive Modern Upgrades: Recently refreshed with new paint, updated cabinets, HVAC system, windows, custom bathrooms, and plantation shutters, ensuring a move-in ready condition.
Comprehensive Community Amenities: Benefits from access to Rancho Santa Margarita's master-planned amenities including a beach club, lake, tennis courts, and water park, all with low HOA and no Mello Roos.
Flexible Living Space: Features soaring ceilings and the potential for a convenient downstairs bedroom and full bath, catering to diverse family needs.
Energy Efficiency & Views: Equipped with leased solar panels for energy savings and offers pleasant mountain and neighborhood views.

Cons

Leased Solar System: While beneficial, the solar system is leased, which may require a buyer to assume the lease and could be a less attractive option than owned solar for some.
Price Adjustment History: The property has undergone a price reduction from its original listing, potentially signaling a need for market recalibration or initial overpricing.
Age of Property: Built in 1993, the home, despite recent upgrades, is over 30 years old, which might imply potential for future maintenance or updates on components not yet addressed.

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