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15 Rylstone Pl
Score
0
Mission Viejo, CA

15 Rylstone Pl

1.3M
3 bd • 3 ba • 2,134 sf

This analysis was generated on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,270,000

Price/Sq.Ft

$595

Year Built

2004

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Move-in ready condition with recent renovations. The property has been recently updated with new vinyl wood floors, carpet, and paint, which reduces the need for immediate renovations and is appealing to buyers who value a turnkey home. • Desirable location within the Arborage community of Ladera Ranch. The community is known for its well-maintained common areas and family-friendly environment. The proximity to a greenbelt and walking trail adds to the appeal of the property. • Large bonus room. The bonus room on the third floor offers flexible space that can be used as a fourth bedroom, office, or playroom, catering to various needs and preferences. This space is private and could be ideal for remote workers. • Excellent school district. The property is located within a highly-rated school district with Oso Grande Elementary, Ladera Ranch Middle, and San Juan Hills High all having a 9/10 rating, which is a major draw for families with school-aged children. • Minimal flood and wind risk. The property has a minimal 1/10 flood and wind risk score, which results in lower insurance costs and reduces the likelihood of damage from these natural hazards. • Central air conditioning. The presence of central air conditioning is a key feature, particularly given the hot summers in Mission Viejo, and it enhances the comfort of the home.

The Bad

• High price per square foot ($595.13) compared to recent sales in the area. A home at 26492 Trabuco Rd sold for $470/sqft, and a home at 25212 Marguerite Pkwy sold for $478/sqft. The subject property commands a price premium, which may not be justifiable for all buyers. • All bedrooms are upstairs, which might not be suitable for all buyers. There is no downstairs bedroom, which could be problematic for people with mobility issues. The bonus room on the 3rd floor could be used as a bedroom, but it is not a traditional bedroom. • Lack of detailed room information. The listing lacks information about the size and layout of each room, making it difficult for buyers to assess the suitability of the property. Room dimensions can be critical for furniture placement and suitability for a particular lifestyle. • Potential for high ongoing costs. The estimated insurance is $4,572/year, and property taxes will be based on the sale price. HOA fees, which are not mentioned in the listing, could add significantly to the monthly costs. Also, the home's age (built in 2004) means that some systems may need repair or replacement soon. • The property has a relatively high heat risk (5/10) with 7 hot days per year and a 98th percentile temperature of 92°F, which could be an issue for those sensitive to heat or for those who want to minimize energy costs.

The Ugly

• Extremely high insurance costs ($4,572/year) due to the major fire risk (5/10). This is significantly higher than the average homeowner's insurance in California, which is around $1,000-$1,200/year. This cost can put a strain on the monthly budget. This is almost 4x the average cost. • Significant price volatility. The property's price history shows significant fluctuations, with a 217.5% increase since it was sold in 2011. This suggests a risk of overpaying in a potentially volatile market. The 2011 sale price ($400,000) is dramatically lower than the current listing price ($1,270,000). • Undisclosed HOA Fees. The listing does not mention HOA fees, which could be substantial in a planned community like Ladera Ranch. Failure to account for these fees can lead to unexpected costs and budget issues. HOA fees can sometimes be in the hundreds per month, adding significant expense. • Potential for high property taxes. As a newly listed property, it will be reassessed upon sale, leading to a potentially higher property tax bill. This could significantly increase the monthly costs of ownership. California property taxes are around 1.1% of the assessed value. • Age of the property. The home was built in 2004, which means that some systems (roof, HVAC, water heater) are nearing the end of their lifespan and may require replacement soon. The lack of information about the condition of these systems is a concern for potential buyers. The central air system, for example, is 20 years old.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Families seeking a move-in ready home in a top-rated school district. Oso Grande Elementary, Ladera Ranch Middle, and San Juan Hills High all have a 9/10 rating, making this property ideal for families with children. The bonus room provides flexible space for a playroom or home office. • Buyers prioritizing low flood and wind risk. The property's minimal 1/10 flood and wind risk scores mean lower insurance costs compared to higher-risk properties in the area. • Individuals valuing community amenities and walkability. The home's location adjacent to a greenbelt and walking trail offers easy access to outdoor activities and community spaces. Ladera Ranch is known for its well-maintained common areas and family-friendly atmosphere. • Buyers with a household income above $200,000, considering the high property taxes, insurance, and potential HOA fees in Mission Viejo, it is essential to have a comfortable financial buffer to account for the estimated monthly costs. • Remote workers or hybrid workers who want a private space to work from home can use the bonus room as a dedicated office space, especially given that the third floor is fully comprised of this private room.

Not For

• Budget-conscious buyers seeking a low-cost home. The price per square foot is above average for Mission Viejo, and the estimated annual insurance is $4,572. Property taxes and HOA fees will also add to the monthly expenses, making this property less suitable for buyers on a tight budget. • Buyers looking for a home with a large yard. The property is adjacent to a greenbelt, but the lot size itself isn't large, and the backyard is not very private. It might not be the right fit for those looking for a large, private outdoor area. • Buyers seeking a home with a downstairs bedroom. All bedrooms are located upstairs, which might not be suitable for those with mobility issues or a preference for single-story living. The bonus room on the 3rd floor could be used as a bedroom, but it is not a traditional bedroom. • Buyers who prioritize short commute times. Mission Viejo is known for its long commute times during peak hours, especially for those working in Los Angeles or San Diego. If a short commute is a priority, this location might not be ideal. • Buyers who prefer a vibrant nightlife or urban setting. Mission Viejo is a family-oriented suburb with limited nightlife options.
Demographics
Area Median Income

$165,290

Property History

Price History
Ownership Timeline
$400,000Cash Purchase
Dec 9, 2011
John ButterfieldTrinity 3 Llc
Grant Deed
Standard Sale (Purchase/Resales)
$745,000Financed
Jun 28, 2005
Sandra A SylviaJohn Butterfield
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Mar 10, 2005
Dennis Wayne CasparySondra A Sylvia
Grant Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 20, 2005
David G SylviaSandra A Sylvia
Intrafamily Transfer
Non-Arm's Length Transactions
$599,000Financed
Dec 6, 2004
Frederick Murrieta Jr, Leah M MurrietaWayne Caspary
Grant Deed
Standard Sale (Purchase/Resales)
$552,500Financed
Jul 26, 2004
Richmond American Homes Of Ca IncFrederick Murrieta Jr, Leah M Murrieta
Grant Deed
New Construction Residential Transactions

Property Taxes

$8,482
2024 Tax Assessment
1.6%from previous year
Assessed Value$492,567
Tax Rate1.72%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

8.0/10
Excellent

Middle

9.0/10
Excellent

High

8.0/10
Excellent

Financials

Monthly Costs
Market Rent (3 bed)

$2,660

Get a detailed estimate on Zillow
HOA Fee

$365

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,270,000
Price/sqft
$595
Layout
3 bd3 ba
Days on market
4 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,363,833

6.9%

Your price is 6.9% below average

Median Price

$1,485,000

14.5%

Based on 6 recent sales

Price per Sq.Ft

$644

7.6%

Your price is 7.6% below average $/sqft

Comparable Properties

42 Bainbridge Avenue, Ladera Ranch, CA 92694
Price: $1,500,000
Sq.Ft: 2,144
Beds/Baths: 4/3
$/Sq.Ft:
$70017.6%
Sale Date: 11/16/2024
3 Conyers Lane, Ladera Ranch, CA 92694
Price: $1,350,000
Sq.Ft: 2,134
Beds/Baths: 3/3
$/Sq.Ft:
$6336.3%
Sale Date: 10/30/2024
7 Bristers Hill Lane, Ladera Ranch, CA 92694
Price: $1,485,000
Sq.Ft: 2,450
Beds/Baths: 4/3
$/Sq.Ft:
$6061.8%
Sale Date: 11/7/2024
95 Sklar Street, Ladera Ranch, CA 92694
Price: $1,030,000
Sq.Ft: 1,984
Beds/Baths: 3/3
$/Sq.Ft:
$51912.8%
Sale Date: 10/10/2024
7 Bainbridge Avenue, Ladera Ranch, CA 92694
Price: $1,490,000
Sq.Ft: 2,192
Beds/Baths: 4/3
$/Sq.Ft:
$68014.2%
Sale Date: 9/24/2024
61 Fieldhouse, Ladera Ranch, CA 92694
Price: $1,328,000
Sq.Ft: 1,822
Beds/Baths: 3/3
$/Sq.Ft:
$72922.5%
Sale Date: 10/22/2024

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