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Sold for $1,275,000
  • Listing Provided by: Bullock Russell RE Services
    Bought with: L.S. Gateway Realtors
    $1,275,000

    40 Santa Teresa, Rancho Santa Margarita, CA 92688

    3beds
    1,870sqft
    Single Family Residence
    Built in 1990
    5,320 Square Feet Lot
    $1,391,200 Zestimate®
    $682/sqft
    $4,972 Estimated rent

    Home value

    $1,391,200

    $1.32M - $1.47M

    $4,972/mo

    Zestimate® history
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    What's special

    Association poolWide backyardPlay areaNeighborhood parkPeaceful viewsContemporary colorsArroyo vista es
    It’ll be LOVE at first sight as you drive into the Friendly, CUL-DE-SAC & step into this Inviting, almost 1900 sq ft, 3 bed / 2.5 bath home with High, Cathedral Ceiling & Spacious, OPEN-PLAN layout featuring timeless architecture, contemporary colors, updated lighting & those practical upgrades that’ll make your heart skip a beat (2021 windows & shutters throughout, 2019 remodeled bathrooms & SEE photos for IMPROVEMENTS List + COMPLETED Termite/Section 1). The Eat-In Kitchen has plenty of storage in the UPDATED cabinets & peaceful Views of the Wide Backyard & O’Neill Regional Park foothills. Enjoy the tree-lined berm & peek-a-boo Saddleback Mountain VIEWS from the Large Primary Bedroom with Upgraded Bathroom, separate toilet & walk-in closet. The 2 secondary bedrooms share an Updated Bath at the opposite end of the 2nd floor. The 2-car, attached, garage has Epoxy Flooring with Garage Door replaced in 2022. This popular Arroyo Vista neighborhood proves that it IS all THAT; with its wide streets & neighborhood park with play area, association pool/spa & large, grassy outdoor activity area from which you can even enjoy the 4th of July fireworks over Rancho Santa Margarita Lake. Low taxes & HOA fees + TOP-RATED Capistrano school district; Tesoro HS, Arroyo Vista ES & MS + privates too incl. SMCHS. Easy access to toll road & I-5, shopping, dining, entertainment & outdoor activities. So, What’s Love got to do with it? Everything!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Lilian Muff DRE #02020872 808-639-0076,

    Bullock Russell RE Services,

    Atousa Ligtvoet DRE #01961353 949-293-3266,

    Bullock Russell RE Services

    Bought with:

    Kelvin Tran, DRE #01851810

    L.S. Gateway Realtors

    Source: CRMLS,MLS#: OC24084135MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Enclosed Toilet, Granite Counters, Low Flow Plumbing Fixtures, Remodeled, Separate Shower, Tub Shower
    Kitchen
    • Features: Granite Counters, Updated Kitchen
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Forced Air, Fireplace(s), Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Water Softener, Water To Refrigerator, Dryer, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Plantation Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,870 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Patio & porch: Brick, Concrete, Covered, Patio
    • Exterior features: Lighting, Rain Gutters
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Fencing: Stucco Wall,Vinyl
    • Has view: Yes
    • View description: Hills, Mountain(s), Trees/Woods
    Lot
    • Size: 5,320 sqft
    • Features: Back Yard, Cul-De-Sac, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Sprinkler System, Yard
    Details
    • Parcel number: 80519122
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1990
    Details
    • Builder model: 1
    • Builder name: Fieldstone

    Utilities & green energy

    • Electric: Electricity - On Property, 220 Volts in Kitchen, 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Biking, Curbs, Gutter(s), Park, Suburban, Sidewalks, Pool
    Location
    • Region: Rancho Santa Margarita
    • Subdivision: Arroyo Vista (Av)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $176 monthly
    • Amenities included: Sport Court, Maintenance Grounds, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub
    • Association name: Arroyo Maint. Corp.
    • Association phone: 714-508-9070
    • Second HOA fee: $81 monthly
    • Second association name: Samlarc
    • Second association phone: 949-709-0010

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,Submit,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/11/2024Sold$1,275,000-1.8%$682/sqft
    Source: CRMLS #OC24084135 Report a problem
    5/22/2024Pending sale$1,299,000$695/sqft
    Source: CRMLS #OC24084135 Report a problem
    5/14/2024Contingent$1,299,000$695/sqft
    Source: CRMLS #OC24084135 Report a problem
    5/2/2024Price change$1,299,000+4%$695/sqft
    Source: CRMLS #OC24084135 Report a problem
    4/30/2024Listed for sale$1,249,000+433.8%$668/sqft
    Source: CRMLS #OC24084135 Report a problem
    3/19/1998Sold$234,000$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,244 +261.5%$1,300,500 +255%
    2024$3,664 +2.3%$366,305 +2%
    2023$3,581 +2%$359,123 +2%
    2022$3,512 +23.2%$352,082 +2%
    2021$2,850 -16.4%$345,179 +1%
    2020$3,411 $341,640 +2%
    2019$3,411 -4.6%$334,942 +2%
    2018$3,576 +1.9%$328,375 +2%
    2017$3,509 $321,937 +2%
    2016$3,509 -11.2%$315,625 +1.5%
    2015$3,951 +2.5%$310,885 +2%
    2014$3,855 $304,796 +0.5%
    2013-- $303,419 +2%
    2012-- $297,470 +2%
    2011-- $291,638 +0.8%
    2010-- $289,459 -0.2%
    2009-- $290,147 +2%
    2008-- $284,458 +2%
    2007-- $278,881 +2%
    2006-- $273,413 +2%
    2005-- $268,052 +2%
    2004-- $262,797 +1.9%
    2003-- $257,981 +2%
    2002-- $252,923 +2%
    2001$4,710 +0.2%$247,964 +2%
    2000$4,703 $243,102

    Find assessor info on the county website

    Neighborhood: 92688

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Arroyo Vista
    • High: Tesoro

    Source: CRMLS. 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
    $1,391,200
    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
    $1,391,200