Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Active

$1,495,000

($466,740 down)
VA

37 La Sordina, Rancho Santa Margarita, CA 92688

4
3
2,190 sqft
PITI Monthly
$8,620.18 /mo

Listing courtesy of: Christina Ford, Ford Realty, Inc.

Assumed Rate

6.87%
7.15%

Principal & Interest

$6,763 /mo
$6,957 /mo

What's Special

AWARD WINNING
MINUTES AWAY
SPACIOUS
CUSTOM BUILT
DECK
COMMUNITY POOL
PLAYGROUND
MOUNTAIN VIEWS

Welcome to 37 La Sordina in beautiful Melinda Heights. One of a kind property with SPECTACULAR VIEWS from every room. Impressive views day or night. Majestic mountain views, city lights views; see all the way to the ocean on a clear day. Impressive exterior with a mesmerizing courtyard and European fountain. Enter this magnificent home through your stately black iron doors. Home was recently painted on the exterior with new rain gutters just installed. This home is beautifully upgraded throughout with engineered wood floors, new appliances, newer dual pane windows, lot's of recessed lighting, ceiling fans, newer HVAC system, water softener, tankless water heater and more. Entertainers paradise with a custom built deck that is covered off of the kitchen to enjoy the fabulous views. Spacious three-car garage with room for three more cars in the driveway. Lots of street parking. Walk to Altisima Park with jr. olympic size pool, basketball court, baseball fields, picnic grounds, tot lot and more. Award winning Melinda Heights elementary school just a few blocks away. Rancho Santa Margarita residents enjoy the beautiful RSM lake, beach club, 13 parks, playgrounds, community pools, sports courts, hiking and biking trails. Just a few minutes away from O’Neill Regional Park and easy access to the 241 Foothill Transportation Corridor.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.87
Remaining Loan Term
29 years, 10 months
Monthly PITI
$8,620.18/mo
Estimated Loan Balance
$1,030,000
Cash to close
$466,740
Interest Paid
$11,789

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir, Fireplaces
Features
  • Materials: Stucco, CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, GasStarter, LivingRoom, WoodBurning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Glass, Wood
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer, SewerTapPaid
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Heated, InGround, Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Mediterranean
Materials
  • Stucco, CopperPlumbing
  • Roof: Tile
Condition
  • Year Built: 1995
Details
  • Builder: Kaufman & Broad

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Gutters, Hiking, Lake, StormDrains, StreetLights, Suburban, Sidewalks, Park
HOA
  • Has HOA: Yes
  • HOA Name: SAMLARC
  • HOA Amenities: Unknown
  • HOA Fee: $87
  • HOA Frequency: $Monthly
Location
  • Region: Rancho Santa Margarita

Financial Details

  • Price per Sqft: $682.65
  • Tax Annual Amount: $18687.5
  • On Market Date: 2025-04-09T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $466,740 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $466,740!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.87% Sellers Rate
$1,028,260
Your Cash$466,740
Total Purchase Price:$1,495,000

Assumed vs Traditional Mortgage

Assumed @ 6.87%
$6,763/mo
Traditional @ 7.15%
$7,216/mo
You save $453/month ($5,437/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25077939

Listing From:

Last updated: 2025-04-15T22:04:30.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.87%
7.15%

Principal & Interest

$6,763 /mo
$6,957 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $466,740 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $466,740!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.87% Sellers Rate
$1,028,260
Your Cash$466,740
Total Purchase Price:$1,495,000

Assumed vs Traditional Mortgage

Assumed @ 6.87%
$6,763/mo
Traditional @ 7.15%
$7,216/mo
You save $453/month ($5,437/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.