40 Leonado
Rancho Santa Margarita, CA 92688
2 bd 2 ba 946 sqft Built 1989 condos
Most recent sale
$575,000
Apr 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2022 | Sold | $575,000 | MLS #OC22022890 |
| Feb 27, 2022 | Listed | $539,999 | MLS #OC22022890 |
| May 26, 1993 | Sold | $123,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $124,018 | $486,176 | $610,194 | $6,376 |
| 2024 | $124,018 | $486,176 | $610,194 | $6,266 |
| 2023 | $119,203 | $467,297 | $586,500 | $6,124 |
| 2022 | $136,400 | $64,526 | $200,926 | $2,020 |
| 2021 | $133,726 | $63,261 | $196,987 | $1,599 |
| 2020 | $132,355 | $62,613 | $194,968 | $1,962 |
| 2019 | $129,760 | $61,386 | $191,146 | $2,048 |
| 2018 | $127,216 | $60,183 | $187,399 | $2,013 |
| 2017 | $124,722 | $59,003 | $183,725 | $2,005 |
| 2016 | $122,277 | $57,846 | $180,123 | $2,225 |
| 2015 | $104,748 | $215,252 | $320,000 | $2,311 |
| 2014 | $118,082 | $55,861 | $173,943 | $2,257 |
| 2013 | $117,549 | $55,608 | $173,157 | $2,319 |
| 2012 | $115,245 | $54,517 | $169,762 | $2,469 |
| 2011 | $112,986 | $53,448 | $166,434 | $2,385 |
| 2010 | $112,142 | $53,049 | $165,191 | $2,438 |
| 2009 | $112,409 | $53,176 | $165,585 | $2,569 |
| 2008 | $110,205 | $52,134 | $162,339 | $2,442 |
| 2007 | $108,045 | $51,111 | $159,156 | $2,387 |
Property facts
Year built
1989
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
946 sqft
Lot size
—
ZIP code
92688
City
Rancho Santa Margarita
Street
Leonado
Coordinates
33.64619, -117.59084
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,027
Gross rental yield
6.32%
Implied cap rate
4.11%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Leonado last sell?
40 Leonado most recently sold on Apr 19, 2022 for $575,000.
What is the current tax assessment for 40 Leonado?
The most recent total assessment for 40 Leonado (year 2025) is $610,194 with $6,376 in property tax.
How does 40 Leonado's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $575,000.
When was 40 Leonado built?
40 Leonado was built in 1989.
How does 40 Leonado compare to others on Leonado?
We track 8 other properties on Leonado. Browse the list under "Other properties on Leonado" to compare beds, baths, and sale history.
What are the property facts for 40 Leonado?
40 Leonado is a 2 bed, 2 bath, 946 sqft condos.
Is 40 Leonado a flip candidate?
No — 40 Leonado does not appear in our flips dataset.
Is 40 Leonado a tax-appeal candidate?
No — 40 Leonado is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.6%
2026 Q3
$946.8K
2026 Q4
$952.8K
ZIP 92688 — Median Price History + Forecast
Explore nearby
Geography
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