NOT LISTED FOR SALE

40 Colonial Way Aliso Viejo, CA 92656

Estimated Value: $868,000 - $1,000,000

3 Beds
2.5 Baths
1,450 Sq Ft
2010 Built

Last Sold August 09, 2019

Last sale price $592,000 $408 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,528/month

Highlights

  • Fitness Center
  • In Ground Pool
  • City Lights View
  • Wood Canyon Elementary School Rated A-
  • All Bedrooms Downstairs
  • Open Floorplan

About This Home

As of August 2020

Beautiful exclusive end unit located in the heart of A liso Viejo. Elegant kitchen with granite counter tops and stainless steel appliances.
Entertain in the great room featuring wood floors, plantation shutters and a fireplace. Custom cabinets and paint throughout the home.
Upstairs spacious bedrooms with upgraded carpet and all the amenities. Saddleback Mountain and greenbelt views. Beautiful garden with
outdoor seating located just outside the home. Visit the Vantas Club with pool, spa, cabanas, workout gym, BBQ's & more. Walking distance
to convenient business center. Trader Joe's, markets, movie theaters & restaurants nearby. A ccess to the 73 toll road and within minutes
of the 5 freeway.

Last Agent to Rent the Property

Mark Roberts

Edico Realty, Inc. License #01886445 Listed on: 08/05/2020

Last Renter's Agent

Ayako Shimokobe

Edico Realty, Inc. License #02029339

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 2010

Lot Details

  • End Unit
  • Two or More Common Walls
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Property Views

  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • Open Floorplan
  • Plantation Shutters
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • In Ground Spa
  • Suburban Location

Listing and Financial Details

  • Security Deposit $3,150
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/15/20
  • Tax Lot 29
  • Tax Tract Number 16865
  • Assessor Parcel Number 93814283

Community Details

Overview

  • Property has a Home Owners Association
  • 287 Units
  • Latitudes South Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-08-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3150
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Latitudes South (LATS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93814283
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1450.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.17
  • Room Type: All Bedrooms Down, Family Room, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Gutters, Park, Sidewalks, Street Lights, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Greenbelt, Landscaped

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: Edico Realty, Inc.
  • Management Co Phone: 877-877-7770
  • Number Of Units In Community: 287
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.37
  • Tax Lot: 29
  • Tax Tract Number: 16865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Jul 29, 2019
Sold by
Prause George E and Prause Joann
Bought by
Pacific Sunset Property Llc
Seller's Agent
Mark Roberts
HomeSmart, Evergreen Realty
Buyer's Agent
Kacper Turek
Hit Home Realty
Sold Price
$3,050
Current Estimated Value
$924,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,328
Avg. Annual Appreciation
7.59%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 12, 2012
Sold by
Prause George E and Prause Joann
Bought by
Prause George E and Prause Joann
Seller's Agent
Aboush Abaii
MORI Properties International
Buyer's Agent
Lupe Marsee
Marsee Realty Group
Sold Price
$2,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$337,125
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Oct 24, 2012
Sold by
Chan Elizabeth Y
Bought by
Prause George and Prause Joann
Seller's Agent
Aboush Abaii
MORI Properties International
Buyer's Agent
Lupe Marsee
Marsee Realty Group
Sold Price
$2,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,125
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Shea Homes Vantis Inc
Bought by
Chan Elizabeth Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,920
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pacific Sunset Property Llc $587,000 Western Resources Title Co
Prause George E -- None Available
Prause George $449,500 Chicago Title Company
Chan Elizabeth Y $435,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prause George $337,125
Previous Owner Chan Elizabeth Y $347,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Rented $3,150 0.0% --
08/05/2020 08/05/20 For Rent $3,150 +3.3% --
09/03/2019 09/03/19 Rented $3,050 -1.6% --
08/10/2019 08/10/19 For Rent $3,100 0.0% --
08/09/2019 08/09/19 Sold $592,000 -3.0% $408 / Sq Ft
07/16/2019 07/16/19 Price Changed $610,000 -1.6% $421 / Sq Ft
05/29/2019 05/29/19 Price Changed $620,000 -2.4% $428 / Sq Ft
05/03/2019 05/03/19 For Sale $635,000 0.0% $438 / Sq Ft
12/21/2012 12/21/12 Rented $2,750 0.0% --
12/19/2012 12/19/12 Under Contract -- -- --
11/30/2012 11/30/12 For Rent $2,750 0.0% --
11/19/2012 11/19/12 Sold $449,500 -0.1% $310 / Sq Ft
10/20/2012 10/20/12 For Sale $449,888 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,354 $641,967 $408,696 $233,271
2024 $6,354 $629,380 $400,682 $228,698
2023 $6,208 $617,040 $392,826 $224,214
2022 $6,086 $604,942 $385,124 $219,818
2021 $5,967 $593,081 $377,573 $215,508
2020 $5,906 $587,000 $373,701 $213,299
2019 $4,995 $496,202 $301,882 $194,320
2018 $4,897 $486,473 $295,963 $190,510
2017 $4,801 $476,935 $290,160 $186,775
2016 $4,628 $467,584 $284,471 $183,113
2015 $5,177 $460,561 $280,198 $180,363
2014 $5,139 $451,540 $274,710 $176,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20157333

California Regional Multiple Listing Service (CRMLS)

APN: 938-142-83