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Off market
  • $951,800

    40 Paseo Primero, Rancho Santa Margarita, CA 92688

    4beds
    3baths
    1,670sqft
    Condo
    Built in 1997
    -- sqft lot
    $951,800 Zestimate®
    $570/sqft
    $4,505 Estimated rent

    Home value

    $951,800

    $904,000 - $1.01M

    $4,505/mo

    Zestimate® history
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    $4,505/mo

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    $6,190/mo

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    $6,190/mo

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    What's special

    This is the lowest-priced detached property currently for sale in RSM with this much square footage! This property is classified as a condo, but it lives like a single-family home. Privately tucked away off the street, this 2-story home offers an attached 2-car garage and a spacious lot with a covered patio, and some grassy area as well. High ceilings and an open floor plan make this large home feel even more spacious. The 1st level has a formal dining area, living room with a gas fireplace, a bright kitchen with an additional eating area that looks out to the back yard, a 3/4 bath, and the 4th bedroom option, which can be used as a den/office, or can be easily enclosed. The upstairs features a large master suite with dual vanities, tub, a walk-in closet and an additional closet with sliding glass doors, 2 additional bedrooms, another full bath, and a laundry room. The large lot has plenty of back yard space, as well as a side-yard area that would be great for a garden. The property backs up to a green belt area which is a perfect place for the kids to play, or to walk the dogs. If that's not enough, there are 13 RSM parks and many community trails offering pools, fields, courts, & even a beach club. Melinda Heights Elementary is walking distance.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Other, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,670 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 4,007 sqft
    Details
    • Parcel number: 93875050

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Tile
    Condition
    • Year built: 1997

    Community & neighborhood

    Location
    • Region: Rancho Santa Margarita

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $240 monthly

    Price history

    DateEventPrice
    10/16/2013Sold$479,000$287/sqft
    Source: Public Record Report a problem
    9/5/2013Listed for sale$479,000+16.3%$287/sqft
    Source: Century 21 Beachside Realtors of CA #OC13179384 Report a problem
    3/18/2011Sold$412,000-1.9%$247/sqft
    Source: Public Record Report a problem
    11/22/2010Price change$419,900-4.5%$251/sqft
    Source: Regency Real Estate Brokers, Inc. #S642672 Report a problem
    10/26/2010Listed for sale$439,900+127.9%$263/sqft
    Source: Regency Real Estate Brokers, Inc. #S642672 Report a problem
    7/25/1997Sold$193,000$116/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,114 +1.8%$587,183 +2%
    2024$6,008 +2.4%$575,670 +2%
    2023$5,870 +1.7%$564,383 +2%
    2022$5,772 +2.4%$553,317 +2%
    2021$5,635 +0.3%$542,468 +1%
    2020$5,620 $536,906 +2%
    2019$5,620 -8.8%$526,379 +2%
    2018$6,161 -17.5%$516,058 +2%
    2017$7,463 $505,940 +2%
    2016$7,463 -0.2%$496,020 +1.5%
    2015$7,475 -1.3%$488,570 +2%
    2014$7,576 $479,000 +16.3%
    2013-- $412,000
    2012-- $412,000 +71.3%
    2011-- $240,537 +0.8%
    2010-- $238,740 -0.2%
    2009-- $239,309 +2%
    2008-- $234,617 +2%
    2007-- $230,017 +2%
    2006-- $225,507 +2%
    2005-- $221,086 +2%
    2004-- $216,751 +1.9%
    2003-- $212,779 +2%
    2002-- $208,607 +2%
    2001$4,069 +1.7%$204,517 +2%
    2000$4,001 $200,507

    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Melinda Heights
    • Middle: R. Santa Margarita
    • High: Trabuco
    • District: Saddleback Valley Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $951,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $951,800