Mission Viejo HomesI like going back and searching the history of what homes have sold for in the past. I am going to highlight a couple of different properties in Mission Viejo. The first one is a home built about 1982, is about 3100sf with 4 bedrooms and 3 baths, a bonus room, a 3-car garage and located on a 6000sf lot in a nice neighborhood with no HOA except for the Lake fees. It was originally purchased for $223,000, then sold in 1989 (at about the height of the market then) for $395,000. It was next sold in 1997 (at about the last low point in our local market) for $340,000. Then in 2007 it was purchased for $950,000.  It has probably gone down in value since then by about 15%.

Next I want to look at a very different home that was built in 1968, is about 1430sf, 3 bedrooms and 2 baths all on one level and located on a large 9800sf lot in a more established area with no HOA fees except for the Lake. I am pretty sure these homes originally sold for around $30,000 to $35,000 back then. I see it was sold in 1987 for $145,000, then sold again in 1995 (again at a low point in the local market) for $245,000 then last in 2002 for $419,000. It has probably gone up in value by about 10% since then if it is in good shape.

Want more local real estate data? Feel free to call me or email me!

Posted by Jackie Gibbins

I live and work in Mission Viejo as a Real Estate Agent. Born in Santa Monica, CA and grew up in Westminster and Huntington Beach. Middle child of five and mother to two awesome sons, now grown. An artist, nature lover, observer, geek and people person, I love the area, love what I do and enjoy sharing any info and insights so others can find their dream as well.

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