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Backup Offers

40 Santa Teresa, Rancho Santa Margarita, CA, 92688

$1,299,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,870 SqFt
$695/SqFt
House
Schools Nearby

Location

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40 Santa Teresa, Rancho Santa Margarita$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1990
HeatingCentral, Forced Air, Fireplace(s), Natural Gas
CoolingCentral Air
FireplaceFamily Room
ViewHills, Mountain(s), Trees/Woods
MLS #OC24084135
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 40 Santa Teresa

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Mediterranean
  • Year Built: 1990
  • Stories: 2
  • Living Area: 1,870 SqFt

Listing Office:

  • Office Name: Bullock Russell RE Services
  • Office Phone: (808) 639-0076
  • Listing Agent: Lilian Muff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Water Softener, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Mountain(s), Trees/Woods
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Irrigation System, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Tesoro High School, Public District Grades 9-12
  • Arroyo Vista Middle School, Public District Grades 6-8
  • Arroyo Vista Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Alicia Pkwy to Santa Clara to Santa Teresa

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $695/SqFt

HOA Fees:

  • Amount: $176
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,850
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Santa Margarita, CA.

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Rancho Santa Margarita, CA

City

Med. Sold Price

$978.3K

Med. Price/SqFt

$604

Avg. Days On Market

9

# of Sold Homes

51

40 Santa Teresa vs Rancho Santa Margarita

14 DAYS ON ROCKET

+5 Days

$1,299,000

+$320.6K More

$695/SqFt

+$90 More

KEY TAKEAWAY

This property is $320.6K more than the Median Sold Price and $90/SqFt more than other homes in Rancho Santa Margarita, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24084135

Listing Office:

  • Office Name: Bullock Russell RE Services
  • Office Phone: (808) 639-0076
  • Listing Agent: Lilian Muff

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 19, 1998Home Sold
$234,000
Apr 11, 1991Home Sold
$204,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,850$345,179
2020$3,410$341,640
2019$3,510$334,942
2018$3,511$328,375
2017$3,509$321,937

History based on county public records data.

Payment Calculator

$6,727

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1468125
7
/10

  • Arroyo Vista Elementary School

  • 23371 Arroyo Vis

  • 0.90 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1468126
9
/10

  • Arroyo Vista Middle School

  • 23371 Arroyo Vis

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1468127
10
/10

  • Tesoro High School

  • 1 Tesoro Creek Rd

  • 3.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $139,732. Typical income of Rancho Santa Margarita, CA residents is between $100k-200k annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Santa Teresa

What is the listing price of this property?

The listing price of 40 Santa Teresa property is $1,299,000.

What type of property is this?

The property 40 Santa Teresa is a house located in Rancho Santa Margarita, California, 92688.

Is this property for sale now?

Accepting Backup Offers: 40 Santa Teresa is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 40 Santa Teresa are:
Arroyo Vista Elementary School: GreatSchools Rating 7/10
Arroyo Vista Middle School: GreatSchools Rating 9/10
Tesoro High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,850 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 19, 1998 for $234,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Santa Teresa has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Santa Teresa is 1,870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Santa Teresa is 1990.

Rocket Homes›California›Orange County›Rancho Santa Margarita›92688›40 Santa Teresa

This home is located at 40 Santa Teresa in Rancho Santa Margarita, CA and zip code 92688 in the Rancho Trabuco neighborhood. This 1,870 square foot home, which was built in 1990, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,299,000.

Over 40 listings were sold over their listed price in April 2024 in Rancho Santa Margarita, CA. In the same period over 5 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2024 in Rancho Santa Margarita, CA there were 6.1% more homes for sale than in March 2024. In April 2024 median list price was $978,333 and the average listing age was 9 days.

From Rocket Homes Real Estate and based on county public records data.

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