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Sold for $443,000
  • Listed by: Arthur Oliver Estates & Homes Inc. • Ryan Eldred • Contact: 949-338-7564
    Bought with: Regency Real Estate Brokers
    $443,000

    56 Coventry Ln #293, Aliso Viejo, CA 92656

    1beds
    685sqft
    Condominium
    Built in 1985
    -- sqft lot
    $449,900 Zestimate®
    $647/sqft
    $2,820 Estimated rent

    Home value

    $449,900

    $414,000 - $490,000

    $2,820/mo

    Zestimate® history
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    What's special

    Opportunities like this don’t come around often—this upper-level 1-bedroom condo is located in a community that is both VA and FHA approved, a rare find in today’s market. Whether you're a first-time buyer using an FHA loan or a veteran looking to take advantage of VA benefits, this home opens doors that many others simply can't. Well-maintained and full of charm, this condo offers comfort, convenience, and exceptional value in the heart of Aliso Viejo. Just minutes from world-class beaches, premier shopping, and endless South OC sunshine, it's perfectly situated in a beautifully kept community. Even better, this home features an unusually low tax rate with no Mello-Roos. The current owner pays just 1.011%—well below the 1.25% average for California, and especially rare in newer areas like Aliso Viejo where many owners pay tax rates near and above 1.5%. Highlights include a private entry porch, 1-car garage, ample guest parking, and a spacious living area with tile flooring throughout—ideal for relaxing or entertaining. Enjoy peaceful peek-a-boo views of the surrounding hills, offering a touch of nature just outside your door. With quick access to the 73 Toll Road and 5 Freeway, getting around SoCal is a breeze. Whether you’re buying your first home, investing, or just looking for low-maintenance living in one of Orange County’s most desirable cities, this one checks all the boxes. Don’t miss this rare opportunity—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Eldred DRE #01814960 949-338-7564,

    Arthur Oliver Estates & Homes Inc.

    Bought with:

    John Sturdevant, DRE #01193545

    Regency Real Estate Brokers

    Source: CRMLS,MLS#: PW25120305MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Kitchen
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Kitchen
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 685 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 2
    • Pool features: Association
    • Has view: Yes
    • View description: Hills
    Lot
    • Size: 2.85 Acres
    Details
    • Parcel number: 93994787
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s)
    • Subdivision: Heather Ridge (Hea)
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub
    • HOA fee: $473 monthly
    • HOA name: Heather Ridge
    • HOA phone: 800-232-7517
    Location
    • Region: Aliso Viejo

    Financial & listing details

    • Price per square foot: $647/sqft
    • Tax assessed value: $348,328
    • Annual tax amount: $3,458
    • Date on market: 5/29/2025
    • Cumulative days on market: 80 days
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan

    Price history

    DateEventPrice
    8/1/2025Sold$443,000-3.7%$647/sqft
    Source: CRMLS #PW25120305 Report a problem
    7/8/2025Contingent$459,900$671/sqft
    Source: CRMLS #PW25120305 Report a problem
    7/1/2025Price change$459,900-2.1%$671/sqft
    Source: CRMLS #PW25120305 Report a problem
    6/18/2025Price change$469,900-4.1%$686/sqft
    Source: CRMLS #PW25120305 Report a problem
    5/30/2025Listed for sale$489,900+100%$715/sqft
    Source: CRMLS #PW25120305 Report a problem
    10/31/2003Sold$245,000+66.7%$358/sqft
    Source: Public Record Report a problem
    10/26/2001Sold$147,000+50%$215/sqft
    Source: Public Record Report a problem
    6/29/1998Sold$98,000+25.6%$143/sqft
    Source: Public Record Report a problem
    5/28/1998Sold$78,000$114/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,458 +1.8%$348,328 +2%
    2024$3,398 +2.2%$341,499 +2%
    2023$3,326 +2%$334,803 +2%
    2022$3,262 +2%$328,239 +2%
    2021$3,197 +1%$321,803 +1%
    2020$3,165 $318,504 +2%
    2019$3,165 +2%$312,259 +2%
    2018$3,101 +11.3%$306,137 +8.9%
    2017$2,786 $281,000
    2016$2,786 -0.7%$281,000 +19.1%
    2015$2,805 +42.8%$236,000 +24.8%
    2014$1,964 $189,175 +25%
    2013-- $151,340
    2012-- $151,340 -6%
    2011-- $161,000 -4.7%
    2010-- $169,000 -16.3%
    2009-- $202,000 -23.8%
    2008-- $265,194 +2%
    2007-- $259,995 +2%
    2006-- $254,898 +2%
    2005-- $249,900 +2%
    2004-- $245,000 +63.5%
    2003-- $149,838 +2%
    2002-- $146,900
    Find assessor info on the county website

    Neighborhood: 92656

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $449,900
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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
    $449,900