12 Calle Katrina, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE$997,000
12 Calle Katrina, Rancho Santa Margarita, California 92688
3Beds
3Baths
1,758Sqft
31,328Lot
Year Built
1987
Close
-
List price
$997K
Original List price
$997K
Price/Sqft
-
HOA
$625
Days on market
-
Sold On
-
MLS number
OC25116785
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Property will be leased...

Nearby schools

7/10
Trabuco Mesa Elementary School
Public,PK-60.2mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-80.8mi
8/10
Trabuco Hills High School
Public,9-124.0mi

Price History

Date
Event
Price
05/27/25
Listing
$997,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (30 Listings)
Beds33
50%
Baths33
50%
Square foot1,7581,472
74%
Lot Size31,32845,171
45%
Price$997K$870K
74%
Price per square foot$567$599
23%
Built year19871993
23%
HOA$625$425
94%
Days on market162162
50%
Condition Rating
Fair

The property was built in 1987, making it 38 years old. The exterior, as seen in the image, appears well-maintained with clean stucco, intact tile roof, and neat landscaping, suggesting regular upkeep. However, without interior images, it's assumed that the kitchen, bathrooms, and other interior components are either original or were last updated 15-30 years ago, which would mean they are functional but likely outdated by current standards. This aligns with the 'Fair' condition criteria, indicating it's aged but maintained, and would likely benefit from minor updates to meet modern preferences.
Pros & Cons

Pros

Desirable Location & Community: Located in Rancho Santa Margarita, a highly sought-after master-planned community known for its amenities and quality of life, with the Marbella subdivision adding to its appeal.
Scenic Mountain Views: The property explicitly offers mountain views, enhancing its aesthetic appeal and potential value.
Strong School District: Situated within the reputable Saddleback Valley Unified School District, a significant draw for families prioritizing quality education.
Investment Opportunity: The indication 'Property will be leased...' positions this as an income-generating asset, appealing to investors seeking immediate rental income.
Fresh Market Presence: With a future 'on_market_date' of 2025-05-27, this property is either pre-market or very new, offering a fresh opportunity for buyers before extensive market exposure.

Cons

High Monthly HOA Fees: The $625.0 association fee is substantial for a townhouse, adding a significant recurring cost to ownership.
Property Age: Built in 1987, the property is 37 years old, suggesting that some systems, finishes, or components may be original and could require updating or maintenance in the near future.
Townhouse Limitations: As a townhouse, it typically involves shared walls and less private outdoor space compared to a detached single-family home, which may not suit all buyer preferences, especially at this price point.

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