**Delightfully updated home in Rancho Santa Margarita! This 3 bedroom 2.5 bath home has just undergone a modernization process that offers a great foundation for you to make your own! Upgrades include new paint inside, new guest shower/tub upstairs, vinyl flooring, carpet upstairs, new lighting, painted cabinets, new sod in the backyard, and exterior paint. Newer HVAC too! The home provides access to Rancho Santa Margarita's beach club, pools, tennis courts, and splash pad! No mello-roos either! North East/ South West facing.
Sold for $1,160,000
Listing Provided by: Plan A Real Estate
Bought with: Franklin Advantage Inc
$1,160,000
23 Paulownia, Rancho Santa Margarita, CA 92688
3beds
1,652sqft
Single Family Residence
Built in 1987
4,500 Square Feet Lot
$1,170,800 Zestimate®
$702/sqft
$4,485 Estimated rent
Home value
$1,170,800
$1.08M - $1.28M
$4,485/mo
Zestimate® history
Owner options
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$4,485/mo
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$4,485/mo
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$7,325/mo
Est. payment
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$7,325/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Ryan Argue DRE #01892077 714-394-1462,
Plan A Real Estate
Bought with:
Iranga-Sean Karunaratne, DRE #02052654
Franklin Advantage Inc
Source: CRMLS,MLS#: OC24196754
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Quartz Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Garage
Features
- All Bedrooms Up
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,652 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: Association
- Has spa: Yes
- Spa features: Association
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 4,500 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 83328312
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Rancho Santa Margarita
- Subdivision: Montecito (Mo)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $81 monthly
- Amenities included: Dog Park, Meeting Room, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
- Association name: SAMLARC
- Association phone: 800-428-5588
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listing removed | $4,700$3/sqft |
Source: CRMLS #LG26091048 Report a problem | ||
| 5/6/2026 | Listed for rent | $4,700$3/sqft |
Source: CRMLS #LG26091048 Report a problem | ||
| 4/13/2025 | Listing removed | $4,700$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2025 | Price change | $4,700-2.1%$3/sqft |
Source: CRMLS #LG25053622 Report a problem | ||
| 3/12/2025 | Listed for rent | $4,800$3/sqft |
Source: CRMLS #LG25053622 Report a problem | ||
| 1/7/2025 | Sold | $1,160,000-0.4%$702/sqft |
Source:  CRMLS #OC24196754 Report a problem | ||
| 12/13/2024 | Pending sale | $1,165,000$705/sqft |
Source: CRMLS #OC24196754 Report a problem | ||
| 11/21/2024 | Contingent | $1,165,000$705/sqft |
Source: CRMLS #OC24196754 Report a problem | ||
| 10/10/2024 | Listed for sale | $1,165,000+9.7%$705/sqft |
Source: CRMLS #OC24196754 Report a problem | ||
| 10/4/2023 | Sold | $1,062,000+1.2%$643/sqft |
Source: CRMLS #OC23146494 Report a problem | ||
| 9/16/2023 | Pending sale | $1,049,000+467%$635/sqft |
Source: CRMLS #OC23146494 Report a problem | ||
| 8/5/1994 | Sold | $185,000$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,332 +1.9% | $1,083,240 +2% |
| 2024 | $11,124 +267.2% | $1,062,000 +255.6% |
| 2023 | $3,029 +1.8% | $298,664 +2% |
| 2022 | $2,976 +36.2% | $292,808 +2% |
| 2021 | $2,184 -24.5% | $287,067 +1% |
| 2020 | $2,892 | $284,124 +2% |
| 2019 | $2,892 -4.5% | $278,553 +2% |
| 2018 | $3,029 +2% | $273,092 +2% |
| 2017 | $2,968 | $267,738 +2% |
| 2016 | $2,968 -13.3% | $262,489 +1.5% |
| 2015 | $3,424 -2.2% | $258,547 +2% |
| 2014 | $3,501 | $253,483 +0.5% |
| 2013 | -- | $252,338 +2% |
| 2012 | -- | $247,391 +2% |
| 2011 | -- | $242,541 +0.8% |
| 2010 | -- | $240,729 -0.2% |
| 2009 | -- | $241,302 +2% |
| 2008 | -- | $236,571 +2% |
| 2007 | -- | $231,933 +2% |
| 2006 | -- | $227,386 +2% |
| 2005 | -- | $222,928 +2% |
| 2004 | -- | $218,557 +1.9% |
| 2003 | -- | $214,552 +2% |
| 2002 | -- | $210,346 +2% |
| 2001 | $3,192 +0.2% | $206,222 +2% |
| 2000 | $3,187 | $202,179 |
Find assessor info on the county website
Neighborhood: 92688
Nearby schools
GreatSchools rating
- 7/10Trabuco Mesa Elementary SchoolGrades: K-6Distance: 0.6 mi
- 7/10Rancho Santa Margarita Intermediate SchoolGrades: 7-8Distance: 0.6 mi
- 10/10Trabuco Hills High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$1,170,800
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Estimated market value
$1,170,800
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