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Sold for $710,000
  • Listed by: American Dream Team Real Estate Brokers, Inc. • Michael Brown • Contact: 949-283-6322
    Bought with: Legacy 15 Real Estate Brokers
    Tax assessed value
    $710,000

    40 Lobelia, Rancho Santa Margarita, CA 92688

    2beds
    974sqft
    Condominium
    Built in 1989
    -- sqft lot
    $713,300 Zestimate®
    $729/sqft
    $3,323 Estimated rent

    Home value

    $713,300

    $656,000 - $777,000

    $3,323/mo

    Zestimate® history
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    What's special

    Custom cabinetryBeautifully redone fireplaceElegant porcelain tile floorsMarble countertopsNew porcelain countertopsNewer stainless-steel appliancesNew cabinets
    Welcome to 40 Lobelia in beautiful Rancho Santa Margarita! This remodeled home showcases thoughtful upgrades throughout, offering a perfect blend of luxury and modern living. Step inside to brand new luxury vinyl plank (LVP) flooring that runs seamlessly throughout the home. The kitchen is a chef’s dream, featuring new porcelain countertops, custom cabinetry, and newer stainless-steel appliances (all less than two years old). Both bathrooms have been fully renovated — the guest bathroom includes elegant porcelain tile floors and marble countertops, while the primary suite boasts stunning marble tile flooring, a porcelain-tiled shower, and marble countertops. Every detail has been meticulously updated: new cabinets in the kitchen and primary bedroom, new tubs, toilets, and sinks, freshly added barn doors, and a beautifully redone fireplace that creates a cozy focal point in the living area. Nearly every surface and system in the home is under two years old, making this a true turnkey opportunity. An attached and a detached garage makes parking in this lovely community a breeze. Ideally located close to RSM’s parks, shopping, dining, and award-winning schools. Come experience the perfect combination of modern updates and Southern California lifestyle — you’ll fall in love with this home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Brown DRE #01782561 949-283-6322,

    American Dream Team Real Estate Brokers, Inc.

    Bought with:

    Shawna Ramirez, DRE #01409435

    Legacy 15 Real Estate Brokers

    Source: CRMLS,MLS#: OC25169371MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Remodeled
    Kitchen
    • Features: Remodeled, Updated Kitchen
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator
    • Laundry: Inside, Stacked
    Features
    • Bedroom on Main Level, Main Level Primary
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls,End Unit,No One Below
    Interior area
    • Total interior livable area: 974 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door 1st floor
    • Pool features: Association
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.34 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 93195683
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    • Subdivision: Brisa Del Lago Ii (Bdii)
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub, Trash
    • HOA fee: $470 monthly
    • HOA name: Brisa Del Lago II
    • HOA phone: 949-330-6350
    • Second HOA fee: $87 monthly
    • Second HOA name: Samlarc
    • Second HOA phone: 949-709-0010
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $729/sqft
    • Tax assessed value: $710,000
    • Date on market: 7/28/2025
    • Cumulative days on market: 127 days
    • Listing terms: Cash,Conventional,VA Loan
    • Inclusions: Refrigerator, Couch, Washer, Dryer, Chandelier and stove

    Price history

    DateEventPrice
    9/11/2025Sold$710,000-2.6%$729/sqft
    Source: CRMLS #OC25169371 Report a problem
    8/29/2025Contingent$729,000$748/sqft
    Source: CRMLS #OC25169371 Report a problem
    7/28/2025Listed for sale$729,000$748/sqft
    Source: CRMLS #OC25169371 Report a problem
    7/26/2025Listing removed$729,000-1.5%$748/sqft
    Source: SDMLS #OC25085637 Report a problem
    6/23/2025Listed for sale$740,000+39.1%$760/sqft
    Source: SDMLS #OC25085637 Report a problem
    4/20/2023Sold$532,000+123.1%$546/sqft
    Source: Public Record Report a problem
    12/1/2011Listing removed$238,500$245/sqft
    Source: CENTURY 21 Award #S662260 Report a problem
    8/30/2011Price change$238,500-2.7%$245/sqft
    Source: CENTURY 21 Award #S662260 Report a problem
    6/12/2011Listed for sale$245,000$252/sqft
    Source: Award, Inc #S662260 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $710,000 +28.3%
    2025$5,780 +1.8%$553,492 +2%
    2024$5,680 -6.9%$542,640 +188.8%
    2023$6,100 +230.5%$187,863 +2%
    2022$1,846 +35.6%$184,180 +2%
    2021$1,361 -24.1%$180,569 +1%
    2020$1,793 $178,718 +2%
    2019$1,793 -3.7%$175,214 +2%
    2018$1,863 +2.3%$171,779 +2%
    2017$1,820 $168,411 +2%
    2016$1,820 -13.2%$165,109 +1.5%
    2015$2,098 -2.4%$162,629 +2%
    2014$2,149 $159,444 +0.5%
    2013-- $158,724 +2%
    2012-- $155,612 +2%
    2011-- $152,561 +0.8%
    2010-- $151,421 -0.2%
    2009-- $151,781 +2%
    2008-- $148,805 +2%
    2007-- $145,888 +2%
    2006-- $143,028 +2%
    2005-- $140,224 +2%
    2004-- $137,475 +1.9%
    2003-- $134,956 +2%
    2002-- $132,310 +2%
    2001$1,958 +0.3%$129,716 +2%
    2000$1,952 $127,173
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $713,300
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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
    $713,300