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Sold for $626,000
  • Listed by: Balboa Real Estate, Inc • Brooke Wheat • Contact: 888-787-8808
    Bought with: South County Brokers
    $626,000

    25 Milkwood #103, Rancho Santa Margarita, CA 92688

    2beds
    939sqft
    Condominium
    Built in 1988
    -- sqft lot
    $635,300 Zestimate®
    $667/sqft
    $2,834 Estimated rent

    Home value

    $635,300

    $584,000 - $692,000

    $2,834/mo

    Zestimate® history
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    What's special

    Private patioStylish finishesAbundant natural lightAmple cabinetryOpen floor planPlenty of closet spaceModern appliances
    Spacious 2-Bedroom, 2-Bath Condo in the Heart of Rancho Santa Margarita Discover this beautifully updated 2-bedroom, 2-bath condo located in the desirable community of Rancho Santa Margarita. Offering a perfect blend of comfort and convenience, this home boasts an open floor plan with abundant natural light and stylish finishes throughout. The spacious living area is ideal for both relaxing and entertaining, with easy access to the private patio for outdoor enjoyment. The kitchen is thoughtfully designed with modern appliances, ample cabinetry, and a functional layout for everyday living. Both bedrooms are generously sized, with the master suite featuring an en-suite bath and plenty of closet space. Additional highlights include in-unit laundry, covered parking, and access to community amenities such as a pool, spa, and walking trails. Located near top-rated schools, shopping centers, dining, and the scenic Lake Rancho Santa Margarita, this condo offers an unbeatable lifestyle with everything you need right at your doorstep. Don’t miss the chance to make this charming condo your new home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Wheat DRE #02096062 909-234-3198,

    Balboa Real Estate, Inc

    Bought with:

    Samantha Gelberger, DRE #01953795

    South County Brokers

    Source: CRMLS,MLS#: OC25044063MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 939 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Bottom Level
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.69 Acres
    Details
    • Parcel number: 93375070
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Dog Park, Hiking, Lake, Sidewalks, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Outdoor Cooking Area, Barbecue, Playground, Pool
    • HOA fee: $418 monthly
    • HOA name: Mission Courts II
    • HOA phone: 949-459-1005
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $667/sqft
    • Tax assessed value: $587,826
    • Annual tax amount: $6,146
    • Date on market: 3/1/2025
    • Cumulative days on market: 93 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Inclusions: Dishwasher, microwave, oven, washer, dryer, refrigerator

    Price history

    DateEventPrice
    7/2/2025Sold$626,000-0.6%$667/sqft
    Source: CRMLS #OC25044063 Report a problem
    6/4/2025Contingent$630,000$671/sqft
    Source: CRMLS #OC25044063 Report a problem
    5/20/2025Price change$630,000-1.1%$671/sqft
    Source: CRMLS #OC25044063 Report a problem
    4/10/2025Price change$637,000-0.2%$678/sqft
    Source: CRMLS #OC25044063 Report a problem
    3/14/2025Price change$638,000-0.3%$679/sqft
    Source: CRMLS #OC25044063 Report a problem
    3/1/2025Listed for sale$639,999+13.3%$682/sqft
    Source: CRMLS #OC25044063 Report a problem
    2/15/2023Sold$565,000-0.9%$602/sqft
    Source: Public Record Report a problem
    2/2/2023Contingent$569,900$607/sqft
    Source: CRMLS #OC23011475 Report a problem
    1/23/2023Listed for sale$569,900+55.1%$607/sqft
    Source: CRMLS #OC23011475 Report a problem
    2/1/2016Listing removed$367,500$391/sqft
    Source: Century 21 Award #OC15179299 Report a problem
    12/30/2015Listed for sale$367,500$391/sqft
    Source: Century 21 Award #OC15179299 Report a problem
    11/7/2015Listing removed$367,500$391/sqft
    Source: CENTURY 21 Award #OC15179299 Report a problem
    11/1/2015Listed for sale$367,500$391/sqft
    Source: Century 21 Award #OC15179299 Report a problem
    9/9/2015Listing removed$367,500$391/sqft
    Source: CENTURY 21 Award #OC15179299 Report a problem
    8/15/2015Listed for sale$367,500-9.1%$391/sqft
    Source: CENTURY 21 Award #OC15179299 Report a problem
    4/5/2006Sold$404,500+157.6%$431/sqft
    Source: Public Record Report a problem
    9/11/2000Sold$157,000+6.4%$167/sqft
    Source: Public Record Report a problem
    4/5/2000Sold$147,500+94.1%$157/sqft
    Source: Public Record Report a problem
    8/19/1997Sold$76,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,146 +1.7%$587,826 +2%
    2024$6,042 -3.7%$576,300 +28.8%
    2023$6,272 +38.7%$447,372 +2%
    2022$4,523 +13.4%$438,600 +2%
    2021$3,990 -10.3%$430,000
    2020$4,449 $430,000
    2019$4,449 -13.3%$430,000 +7%
    2018$5,132 +13.1%$402,000 +8.9%
    2017$4,539 $369,000 +11.5%
    2016$4,539 +3.7%$331,000 +6.4%
    2015$4,378 +19.1%$311,000 +16.2%
    2014$3,675 $267,750 +25%
    2013-- $214,200
    2012-- $214,200 +2%
    2011-- $210,000 -9.9%
    2010-- $233,000
    2009-- $233,000 -25.3%
    2008-- $312,000 -24.4%
    2007-- $412,590 +138.3%
    2006-- $173,112 +2%
    2005-- $169,718 +2%
    2004-- $166,391 +1.9%
    2003-- $163,342 +2%
    2002-- $160,140 +2%
    2001$2,534 +73.6%$157,000 +77.8%
    2000$1,459 $88,306
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $635,300
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    Estimated market value
    $635,300