NOT LISTED FOR SALE

48 Colonial Way Aliso Viejo, CA 92656

Estimated Value: $838,000 - $952,000

2 Beds
2.5 Baths
1,300 Sq Ft
$298/mo HOA Fee

Last Sold December 31, 2014

Last sale price $478,000 $368 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,518/month

Highlights

  • Fitness Center
  • City Lights View
  • Clubhouse
  • Wood Canyon Elementary School Rated A-
  • 0.25 Acre Lot
  • Wood Flooring

About This Home

As of February 2015

This is an impeccably maintained home with panoramic mountain and city light views located in the community of Vantis in Aliso Viejo. It features an open floor plan living area; amenities include hardwood floors, gas burning fireplace and plantation shutters. The gourmet kitchen has granite countertops, stainless steel appliances, and custom cabinetry. The master bedroom has a direct view of Saddleback Mountain, a generous walk in closet, and a beautifully appointed master bath. A network niche/office area is adjacent the master bedroom suite. The two car tandem garage is generously sized and conveniently accessed directly off the kitchen. A beautiful greenbelt is located directly in front of your home and adjacent the front porch. This community features pool, spa, cabanas, clubhouse, fitness center, meeting rooms, a covered car wash area, and children's play areas. It is easy walking to Aliso Viejo Town Center and Grand Park. This is the ideal location in the heart of Aliso Viejo. A real gem!

Last Agent to Rent the Property

Susan Koss-Vetter

First Team Real Estate License #01950800 Listed on: 01/02/2015

First Team Real Estate

Last Renter's Agent

Lori Huebner

Endeavor Realty, Inc License #00983114

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,688

Year Built

  • Built in 2010

Lot Details

  • 0.25

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain

Home Design

  • Fire Rated Drywall

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Panel Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Wood Canyon Elementary School
  • Avila Middle School

Utilities

  • Central Air
  • High Efficiency Heating System
  • Vented Exhaust Fan

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Security Deposit $2,650
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/15/15
  • Tax Lot 29
  • Tax Tract Number 16865
  • Assessor Parcel Number 93814287

Community Details

Overview

  • $75 HOA Transfer Fee
  • 297 Units
  • First Service Association, Phone Number (949) 448-6195
  • Aliso Viejo Community Association
  • Built by Shea
  • Gudehus
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $750

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,688

Year Built

Built in 2010

Lot Details

0

HOA Fees

$298 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2015-01-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Other: 100
  • Deposit Pets: 750
  • Deposit Security: 2650
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 5450.00
  • Transfer Fees: 75.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Inclusions: Washer, Dryer and Refrigerator
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Latitudes South (LATS)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93814287
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage, Unfurnished
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2.04
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s)
  • Builder Name: Shea
  • Patio And Porch Features: Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Aliso Viejo Community Association
  • Amenities: Barbecue, Billiard Room, Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 290.00
  • Association #2 Fee: 95.00
  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association Name: First Service
  • Phone: 949-448-6195
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Urban

Schools

  • School District: Capistrano Unified
  • Elementary School: Wood Canyon
  • Middle Or Junior School: Avila
  • Elementary School #2: WOOCAN

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10890.0000 Square Feet
  • Management Co: First Service
  • Management Co Phone: 949-448-6195
  • Number Of Units In Community: 297
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 16865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 4, 2014
Sold by
Gerenser Katlynn Rose
Bought by
Koss Diane L
Seller's Agent
Jacqueline Chase
Coldwell Banker Realty
Buyer's Agent
Susan Koss-Vetter
First Team Real Estate
List Price
$502,000
Sold Price
$478,000
Premium/Discount to List
-$24,000
-4.78%
Current Estimated Value
$877,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,955
Avg. Annual Appreciation
5.85%
Original Mortgage
$348,000
Outstanding Balance
$267,728
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$610,227

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 21, 2013
Sold by
Wenger Justin D
Bought by
Gerenser Katlynn Rose
Seller's Agent
Kevin Nicholson
Pacificon Realty Inc
Buyer's Agent
Mark Nix
Surterre Properties
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$368,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 26, 2012
Sold by
Wenger Justin D and Wenger Justin Daniel
Bought by
Wenger Justin D

Purchase Details

Closed on
Feb 4, 2011
Sold by
Shea Homes Vantis Inc
Bought by
Wenger Justin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,900
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Feb 24, 2010
Sold by
Shea Homes Vantis Inc
Bought by
Vantis Maintenance Corporation
Source: Public Records

Range of Values:

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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
Koss Diane L $478,000 Western Resources Title Co
Gerenser Katlynn Rose $460,000 First American Title Company
Wenger Justin D -- Allied Title & Escrow Svcs
Wenger Justin Daniel $375,000 Fidelity National Title
Vantis Maintenance Corporation -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koss Diane L $348,000
Previous Owner Gerenser Katlynn Rose $368,000
Previous Owner Wenger Justin Daniel $374,800
Previous Owner Wenger Justin Daniel $374,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Rented $2,650 0.0% --
01/11/2015 01/11/15 Under Contract -- -- --
01/02/2015 01/02/15 For Rent $2,650 0.0% --
12/31/2014 12/31/14 Sold $478,000 -2.4% $368 / Sq Ft
11/27/2014 11/27/14 Pending -- -- --
11/20/2014 11/20/14 Price Changed $490,000 -1.6% $377 / Sq Ft
11/11/2014 11/11/14 Price Changed $498,000 -0.8% $383 / Sq Ft
10/28/2014 10/28/14 For Sale $502,000 +9.1% $386 / Sq Ft
01/02/2014 01/02/14 Sold $460,000 -3.2% $354 / Sq Ft
10/22/2013 10/22/13 Price Changed $475,000 -3.0% $366 / Sq Ft
09/26/2013 09/26/13 For Sale $489,900 -- $377 / 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 $5,688 $574,477 $355,807 $218,670
2024 $5,688 $563,213 $348,830 $214,383
2023 $5,557 $552,170 $341,990 $210,180
2022 $5,448 $541,344 $335,285 $206,059
2021 $5,341 $530,730 $328,711 $202,019
2020 $5,287 $525,289 $325,341 $199,948
2019 $5,183 $514,990 $318,962 $196,028
2018 $5,082 $504,893 $312,708 $192,185
2017 $4,982 $494,994 $306,577 $188,417
2016 $4,877 $485,289 $300,566 $184,723
2015 $5,436 $478,000 $296,051 $181,949
2014 $4,419 $391,815 $216,116 $175,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15002450

California Regional Multiple Listing Service (CRMLS)

APN: 938-142-87