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Sold for $689,000
    • Listed by: Regency Real Estate Brokers • Marisa Whitaker • Contact: 949-275-7339
    Bought with: Re/Max Real Estate Group
    $689,000

    48 Tierra Seguro, Rancho Santa Margarita, CA 92688

    2beds
    1,169sqft
    Condominium
    Built in 1995
    -- sqft lot
    $689,300 Zestimate®
    $589/sqft
    $3,345 Estimated rent

    Home value

    $689,300

    $641,000 - $744,000

    $3,345/mo

    Zestimate® history
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    What's special

    Welcome to this BEAUTIFULLY REFRESHED 2-bedroom, 2-bath PLUS OFFICE NOOK condo, tucked inside one of Melinda Heights’ most desirable TREE-LINED communities in RSM. This bright and inviting home features an open layout, a tastefully updated kitchen with freshly painted cabinetry, stainless steel appliances, smooth countertops, and a tumbled stone backsplash that opens to the dining and living areas. The living room offers a cozy fireplace, plantation shutters, crown molding, recessed lighting, and A RAISED LOFT AREA THAT CAN BE USED AS A READING NOOK, HOME OFFICE, OR A WORKOUT SPACE. Both bathrooms have been thoughtfully improved with an updated vanity, light fixtures, new mirrors, and refreshed shower/tub area. Recent upgrades include a new AC system installed in July 2024, new interior paint and kitchen cabinet paint completed in November 2025, and new patio shades. Enjoy the OVERSIZED ENCLOSED BALCONY, and direct access to a one-car garage with built-in cabinetry, a workbench, and laundry area, plus an assigned parking space directly in front of the entrance. This well-kept community offers a nearby pool & hot tub. Ideally located near Altisima Park, Blue Ribbon Melinda Heights Elementary and has easy access to the 241 toll road. This home includes all the perks of Santa Margarita including 4 Jr. olympic sized pools, dozens of parks, fields, and sport courts, including pickleball, tennis and sand volleyball. This move-in ready condo offers charm, convenience, and a wonderful Melinda Heights lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marisa Whitaker DRE #01911865 949-275-7339,

    Regency Real Estate Brokers,

    Brent Whitaker DRE #02004300,

    Regency Real Estate Brokers

    Bought with:

    Laurien McClue, DRE #01506647

    Re/Max Real Estate Group

    Kenneth Bowen, DRE #00935116

    Re/Max Real Estate Group

    Source: CRMLS,MLS#: OC26147822MLS 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, Family Room, Kitchen, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Up
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Dual Sinks, Linen Closet, Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Solid Surface Counters
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
    • Laundry: Laundry Closet, Upper Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
    • Flooring: Carpet, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 2+ Common Walls,End Unit,No One Above,No One Below
    Interior area
    • Total interior livable area: 1,169 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Glass Enclosed, Porch
    • Pool features: Community, Heated, Association
    • Has spa: Yes
    • Spa features: Association
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.45 Acres
    • Features: Street Level
    Details
    • Parcel number: 93812396
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Gutter(s), Hiking, Lake, Park, Street Lights, Suburban, Sidewalks, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Sport Court, Dog Park, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)
    • HOA fee: $518 monthly
    • HOA name: Tierra Montanosa
    • HOA phone: 949-716-3998
    • Second HOA fee: $91 monthly
    • Second HOA name: Samlarc
    • Second HOA phone: 800-428-5588
    Location
    • Region: Rancho Santa Margarita

    Financial & listing details

    • Price per square foot: $589/sqft
    • Tax assessed value: $471,305
    • Date on market: 7/9/2026
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan

    Price history

    DateEventPrice
    8/7/2026Sold$689,000$589/sqft
    Source: CRMLS #OC26147822 Report a problem
    7/14/2026Pending sale$689,000$589/sqft
    Source: CRMLS #OC26147822 Report a problem
    7/9/2026Listed for sale$689,000+63.1%$589/sqft
    Source: CRMLS #OC26147822 Report a problem
    7/1/2019Sold$422,500-1.3%$361/sqft
    Source: CRMLS #OC18213797 Report a problem
    6/3/2019Pending sale$428,000$366/sqft
    Source: Coldwell Banker Res. Brokerage #OC18213797 Report a problem
    4/25/2019Price change$428,000-1.4%$366/sqft
    Source: Coldwell Banker Residential Brokerage - Mission Viejo #OC18213797 Report a problem
    3/29/2019Price change$434,000-0.9%$371/sqft
    Source: Coldwell Banker Residential Brokerage - Mission Viejo #OC18213797 Report a problem
    2/13/2019Listed for sale$438,000-2.2%$375/sqft
    Source: Coldwell Banker Res. Brokerage #OC18213797 Report a problem
    10/17/2018Listing removed$448,000$383/sqft
    Source: Coldwell Banker Residential Brokerage - Mission Viejo #OC18213797 Report a problem
    9/1/2018Listed for sale$448,000+17.9%$383/sqft
    Source: Coldwell Banker Res. Brokerage #OC18213797 Report a problem
    2/20/2015Sold$380,000-2.6%$325/sqft
    Source: Public Record Report a problem
    1/15/2015Listed for sale$390,000$334/sqft
    Source: First Team Real Estate #OC15008554 Report a problem
    10/5/2013Listing removed$390,000$334/sqft
    Source: First Team Real Estate #OC13093799 Report a problem
    9/8/2013Price change$390,000-1.8%$334/sqft
    Source: First Team Real Estate #OC13093799 Report a problem
    8/8/2013Price change$397,000-0.6%$340/sqft
    Source: First Team Real Estate #OC13093799 Report a problem
    5/23/2013Listed for sale$399,500+28.9%$342/sqft
    Source: First Team Real Estate #OC13093799 Report a problem
    12/19/2003Sold$310,000+181.8%$265/sqft
    Source: Public Record Report a problem
    12/22/1995Sold$110,000$94/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $471,305 +2%
    2025$4,816 +1.8%$462,064 +2%
    2024$4,732 +2.3%$453,004 +2%
    2023$4,625 +1.7%$444,122 +2%
    2022$4,548 +2.4%$435,414 +2%
    2021$4,442 +0.3%$426,877 +1%
    2020$4,429 $422,500 +3.2%
    2019$4,429 -7.8%$409,407 +2%
    2018$4,801 -11.9%$401,380 +2%
    2017$5,450 $393,510 +2%
    2016$5,450 -0.2%$385,795 +11.8%
    2015$5,463 +8.5%$345,161 +2%
    2014$5,034 $338,400 +25%
    2013-- $270,720
    2012-- $270,720 -6%
    2011-- $288,000 -12.7%
    2010-- $330,000 +10.7%
    2009-- $298,000 -11.2%
    2008-- $335,553 +2%
    2007-- $328,974 +2%
    2006-- $322,524 +2%
    2005-- $316,200 +2%
    2004-- $310,000 +140.1%
    2003-- $129,119 +2%
    2002-- $126,588 +2%
    2001$2,234 +3.6%$124,106 +4.4%
    2000$2,157 $118,883
    Find assessor info on the county website

    Neighborhood: 92688

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Melinda Heights
    • Middle: Rancho Santa Margarita
    • High: Trabuco Hills

    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
    $689,300
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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
    $689,300

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