Home for Sale at 11 Clementine Street, Trabuco Canyon, CA 92679

Refine Search

11 Clementine Street
Trabuco Canyon, CA 92679

Molly Peterson with Regency Real Estate Brokers, original listing - (949) 707-4400

« Prev

Property Details

List Price:	$1,268,000
Beds:	4
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	1980 Square Feet
Agency:	Regency Real Estate Brokers
Agency Phone:	(949) 707-4400

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1995
Notes:	The Best of the Best - Welcome to 11 Clementine, Trabuco Canyon! Fantastic 3 bedroom, Plus spacious loft or optional 4th bedroom, 2.5 bath ready to move right in and unpack! Located in the highly sought community of Wagon Wheel a true gem in Orange County! Nestled in the foothills the home has that "out of the way" feel but yet is close to award winning schools, parks, recreation at your fingertips, as well as the 241 corridor that takes you to the beaches or to Irvine Spectrum and the Airport in less than 30 minutes! Low association fee of 96.00/mon provides a park with tot lot, sports court,picnic areas, and trails which is just a stone's throw away from this home! Located in this fantastic neighborhood the home has high ceilings with large windows upper windows that let in natural light, and designer touches throughout. Open kitchen with island and eating area connected to a large family room space with fireplace. There is a formal dining area and living room on the main floor. Upstairs has large multi use area that is currently used as an office but could easily be converted to a 4th bedroom. Spacious secondary bedrooms and bath with dual sinks. The Primary bedroom has it own bath with separate tub and walk in shower, and walk in closet. Very open floor plan with no wasted space!! The yard feels very private and is lined with trees that give the home a serene feel. Enjoy relaxing in the spa or evening dinners outdoors. There are so many reasons to come visit this lovely home and make it your own!!
MlsNumber:	--
ListingId:	OC24174584

Listing Provided By:	Regency Real Estate Brokers, original listing
Phone:	(949) 275-4779
Office Phone:	(949) 707-4400
Agent Name:	Molly Peterson
Disclaimer:	Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Real Estate Expert

Clara Blunk

eXp Realty McClure Group Realty

Call Today!: (818) 730-3587

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

HudExchange.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -