NOT LISTED FOR SALE

7 Colonial Way Unit 57 Aliso Viejo, CA 92656

Estimated Value: $938,000 - $998,690

3 Beds
2.5 Baths
1,480 Sq Ft
$435/mo HOA Fee

Last Sold March 28, 2023

Last sale price $875,000 $591 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,598/month

10 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Canyon Elementary School Rated A-
  • Panoramic View
  • Dual Staircase

About This Home

As of March 2023

This is a Downey Residence floor plan. Corner unit on large green space by gazebo picnic area with sweeping panoramic city views and of the Saddleback mountains! One of the most walkable locations in all of Orange County. You could easily live here without ever driving! Manicured trails lead down to all the shops at town center and over to Aliso Viejo Park. Tree lined streets with front porches gives a special sense of community. City Walk shops are part of this master plan and include a dry cleaners, barber shop, salons, home decorator services and a coffee shop. Aliso Viejo town services including the library and Sheriff’s department are short walk away along with an ice skating rink! Renaissance hotel and gym is across the street from the neighborhood. The HOA is finishing a new pool and spa. Clubhouse has meeting rooms and it’s own gym along with a billiards room! Perfect for entertaining with indoor and outdoor gas fireplaces. This is an amazing opportunity to buy in one of the most sought after neighborhoods in south Orange County!

Last Agent to Sell the Property

Jeffrey Weisberger

Keller Williams Realty License #02107210 Listed on: 03/02/2023

Keller Williams Realty

Co-Listed By

Kelly Mcleod

Keller Williams Realty License #02155398

Keller Williams Realty

Last Buyer's Agent

Kelly Mcleod

Keller Williams Realty License #02155398

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,004

Year Built

  • Built in 2009

Lot Details

  • Property fronts a private road
  • End Unit
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Two Story Ceilings
  • Gas Fireplace
  • Insulated Doors
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Urban Location
  • Suburban Location

Schools

  • Wood Canyon Elementary School
  • Don Juan Avila Middle School
  • Aliso Niguel High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 16865
  • Assessor Parcel Number 93814334
  • $16 per year additional tax assessments

Community Details

Overview

  • 307 Units
  • Vantis Maintenance Corporation Association, Phone Number (949) 218-9970
  • Aliso Viejo Association, Phone Number (949) 243-7750
  • Pmp HOA
  • Built by Shea Homes
  • Latitudes South Subdivision
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,004

Year Built

Built in 2009

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer and Dryer and Refrigerator included.
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Latitudes South (LATS)
  • View: Yes
  • Architectural Style: Contemporary, Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93814334
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1480.00 Square Feet
  • Interior Amenities: 2 Staircases, Granite Counters, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Unfurnished
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 591.22
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association, Community, Heated
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Stone Counters, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Courtyard, Hills, Mountain(s), Neighborhood, Panoramic, Park/Greenbelt, Trees/Woods
  • Builder Name: Shea Homes
  • Patio And Porch Features: Concrete, Covered, Patio Open, Porch, Front Porch, Stone
  • Pool Features: Association, Community, Filtered, Heated
  • Pool Private: No
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Aliso Viejo
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 395.84
  • Association #2 Fee: 117.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Vantis Maintenance Corporation
  • Phone: (949)218.9970
  • Association Phone #2: (949)243.7750
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Foothills, Hiking, Park, Sidewalks, Street Lights, Suburban, Urban
  • Association Management: PMP

Schools

  • School District: Capistrano Unified
  • Elementary School: Wood Canyon
  • Middle School: Don Juan Avila
  • High School: Aliso Niguel
  • Elementary School: Wood Canyon
  • High School: Aliso Niguel
  • Middle Or Junior School: Don Juan Avila
  • Elementary School #2: WOOCAN
  • High School2: ALINIG

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 307
  • Number Of Units Total: 307

Tax Info

  • Tax Census Tract: 626.37
  • Tax Lot: 12
  • Tax Tract Number: 16865
  • TaxOtherAnnualAssessmentAmount: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 20, 2023
Sold by
Kambiz Rouintan Trust
Bought by
Merritt Family Trust
Seller's Agent
Jeffrey Weisberger
Keller Williams Realty
Buyer's Agent
Kelly Mcleod
Keller Williams Realty
List Price
$875,000
Sold Price
$875,000
Total Days on Market
10
Views
11
Current Estimated Value
$967,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,923
Avg. Annual Appreciation
4.96%
Original Mortgage
$440,000
Outstanding Balance
$429,883
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$543,430

Purchase Details

Closed on
May 18, 2012
Sold by
Rouintan Kambiz
Bought by
Rouintan Kambiz and Kambiz Rouintan Trust

Purchase Details

Closed on
Apr 27, 2010
Sold by
Shea Homes Vantis Inc
Bought by
Rouintan Kambiz
Source: Public Records

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Range of Values:

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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
Merritt Family Trust $875,000 First American Title
Rouintan Kambiz -- None Available
Rouintan Kambiz $455,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Family Trust $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $875,000 0.0% $591 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $875,000 0.0% $591 / Sq Ft
03/02/2023 03/02/23 Off Market $875,000 -- --
03/02/2023 03/02/23 For Sale $875,000 0.0% $591 / Sq Ft
03/01/2023 03/01/23 Off Market $875,000 -- --
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
2024 $9,004 $892,500 $626,984 $265,516
2023 $5,680 $564,387 $331,435 $232,952
2022 $5,568 $553,321 $324,936 $228,385
2021 $5,459 $542,472 $318,565 $223,907
2020 $5,403 $536,910 $315,298 $221,612
2019 $5,298 $526,383 $309,116 $217,267
2018 $5,194 $516,062 $303,055 $213,007
2017 $5,092 $505,944 $297,113 $208,831
2016 $4,984 $496,024 $291,287 $204,737
2015 $5,534 $488,574 $286,912 $201,662
2014 $5,350 $479,004 $281,292 $197,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23023539

California Regional Multiple Listing Service (CRMLS)

APN: 938-143-34