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Sold for $850,000
  • Listed by: Laguna Premier Realty Inc. • Jeannie Gibson • Contact: 949-900-6930
    Bought with: Laguna Premier Realty Inc.
    $850,000

    5207 Avenida Despacio, Laguna Woods, CA 92637

    3beds
    1,592sqft
    Condominium
    Built in 1973
    -- sqft lot
    $1,220,500 Zestimate®
    $534/sqft
    $3,826 Estimated rent

    Home value

    $1,220,500

    $1.10M - $1.37M

    $3,826/mo

    Zestimate® history
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    What's special

    Wet barLawn bowlingLaguna woods villageEquestrian centerWorld-class woodshopHigh ceilingsMiles from laguna beach
    Truly in need of a fresh start with an incredible opportunity to have the home of your dreams in the highly sought Gate 11 location of Laguna Woods Village! This “VILLA SERENA” single level model has 3 bedrooms, 2 bathrooms, almost 1600 +/- square foot home with a 2 car garage and is just waiting for your transformation!! It features a gated front bricked courtyard, kitchen that looks out to the courtyard with a casual “eat-in” kitchen area and a formal dining room! The large living room has a fireplace, high ceilings and a built-in wet bar. The third bedroom can pull double duty as an office/bedroom with a built-in desk. In addition this home features plenty of outdoor living at its best with not only the private gated front courtyard but the formal dining room, living room and main bedroom all open to the back patio! This home is completed with a two car garage, additional built-in storage cabinets and a driveway that can accommodate an additional parking space for two cars. Not to mention street parking…it’s perfect when entertaining! This home is a total fixer and being sold "AS IS". Laguna Woods is a gated ACTIVE Senior living community. With a 27-hole championship golf courses, a 9-hole executive par 3 course, tennis, pickleball, lawn bowling, two fitness centers, seven clubhouses, five swimming pools, an equestrian center, gardening opportunities, an art studio, a world-class woodshop, over 200 clubs and organizations, free bus transportation around the community and nearby shopping and bus trips, and an economical RV storage area. Located approximately six miles from Laguna Beach. Plus the HOA dues include water, trash, basic cable, and exterior building maintenance. All this to ENJOY!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeannie Gibson DRE #01076822 949-900-6930,

    Laguna Premier Realty Inc.,

    Co-Listing Agent: Carolyn Myhra DRE #00928222 949-306-5191,

    Laguna Premier Realty Inc.

    Bought with:

    Jeannie Gibson, DRE #01076822

    Laguna Premier Realty Inc.

    Carolyn Myhra, DRE #00928222

    Laguna Premier Realty Inc.

    Source: CRMLS,MLS#: OC23134343MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Unfurnished, Bedroom on Main Level, Primary Suite
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,592 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Patio, Porch
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Features: Sprinkler System
    Details
    • Parcel number: 93279207
    • Special conditions: Trust
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Fixer
    • New construction: No
    • Year built: 1973
    Details
    • Builder model: Villa Serena

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Golf, Gutter(s), Horse Trails, Stable(s), Street Lights, Sidewalks, Gated
    • Security: Gated Community, Gated with Attendant, 24 Hour Security
    • Senior community: Yes
    • Subdivision: Leisure World (Lw)
    HOA
    • Has HOA: Yes
    • Amenities included: Bocce Court, Billiard Room, Clubhouse, Controlled Access, Sport Court, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Horse Trails, Meeting Room, Meeting/Banquet/Party Room, Other Courts, Pickleball, Pool, Pet Restrictions, Recreation Room, RV Parking, Spa/Hot Tub, Security, Tennis Court(s)
    • Services included: Sewer
    • HOA fee: $781 monthly
    • HOA name: Third Mutual
    • HOA phone: 949-597-4200
    Location
    • Region: Laguna Woods

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $325,512
    • Annual tax amount: $3,356
    • Date on market: 7/21/2023
    • Cumulative days on market: 3 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    9/11/2023Sold$850,000+1.3%$534/sqft
    Source: CRMLS #OC23134343 Report a problem
    8/24/2023Pending sale$838,888$527/sqft
    Source: CRMLS #OC23134343 Report a problem
    7/25/2023Contingent$838,888$527/sqft
    Source: CRMLS #OC23134343 Report a problem
    7/21/2023Listed for sale$838,888+146.7%$527/sqft
    Source: CRMLS #OC23134343 Report a problem
    5/6/1998Sold$340,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,356 +1.8%$325,512 +2%
    2024$3,296 -69.7%$319,130 -38.6%
    2023$10,872 +107.4%$519,738 +2%
    2022$5,243 +2%$509,548 +2%
    2021$5,138 +0.9%$499,557 +1%
    2020$5,093 $494,435 +2%
    2019$5,093 +2%$484,741 +2%
    2018$4,991 +4%$475,237 +2%
    2017$4,800 $465,919 +2%
    2016$4,800 +1.7%$456,784 +1.5%
    2015$4,721 +3.4%$449,923 +2%
    2014$4,564 $441,110 +0.5%
    2013-- $439,117 +2%
    2012-- $430,507 +2%
    2011-- $422,066 +0.8%
    2010-- $418,912 -0.2%
    2009-- $419,908 +2%
    2008-- $411,675 +2%
    2007-- $403,603 +2%
    2006-- $395,690 +2%
    2005-- $387,932 +2%
    2004-- $380,326 +1.9%
    2003-- $373,356 +2%
    2002-- $366,036
    Find assessor info on the county website

    Neighborhood: 92637

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,220,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,220,500