7 Palacio
Rancho Santa Margarita, CA 92688
3 bd 3 ba 1,857 sqft Built 1997 condos
Most recent sale
$1,000,000
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2022 | Sold | $1,000,000 | MLS #OC22038524 |
| Mar 16, 2022 | Relisted | $899,990 | MLS #OC22038524 |
| Mar 11, 2022 | Listed | $899,990 | MLS #OC22038524 |
| Aug 27, 1999 | Sold | $267,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $221,121 | $840,087 | $1,061,208 | $10,994 |
| 2024 | $221,121 | $840,087 | $1,061,208 | $10,803 |
| 2023 | $212,536 | $807,464 | $1,020,000 | $10,554 |
| 2022 | $184,919 | $202,503 | $387,422 | $4,035 |
| 2021 | $181,294 | $198,532 | $379,826 | $3,929 |
| 2020 | $179,436 | $196,496 | $375,932 | $3,927 |
| 2019 | $175,918 | $192,643 | $368,561 | $4,216 |
| 2018 | $172,469 | $188,866 | $361,335 | $5,490 |
| 2017 | $169,088 | $185,162 | $354,250 | $5,719 |
| 2016 | $165,773 | $181,531 | $347,304 | $5,739 |
| 2015 | $163,283 | $178,805 | $342,088 | $5,576 |
| 2014 | $160,085 | $175,302 | $335,387 | $5,866 |
| 2013 | $159,362 | $174,510 | $333,872 | $6,034 |
| 2012 | $156,238 | $171,088 | $327,326 | $5,872 |
| 2011 | $153,175 | $167,733 | $320,908 | $5,712 |
| 2010 | $152,031 | $166,479 | $318,510 | $5,709 |
| 2009 | $152,393 | $166,875 | $319,268 | $5,790 |
| 2008 | $149,405 | $163,603 | $313,008 | $5,453 |
| 2007 | $146,476 | $160,395 | $306,871 | $5,285 |
Property facts
Year built
1997
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,857 sqft
Lot size
—
ZIP code
92688
City
Rancho Santa Margarita
Street
Palacio
Coordinates
33.66275, -117.61139
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
$5,942
Gross rental yield
7.13%
Implied cap rate
4.63%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Palacio last sell?
7 Palacio most recently sold on Apr 18, 2022 for $1,000,000.
What is the current tax assessment for 7 Palacio?
The most recent total assessment for 7 Palacio (year 2025) is $1,061,208 with $10,994 in property tax.
How does 7 Palacio's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,000,000.
When was 7 Palacio built?
7 Palacio was built in 1997.
How does 7 Palacio compare to others on Palacio?
We track 1 other property on Palacio. Browse the list under "Other properties on Palacio" to compare beds, baths, and sale history.
What are the property facts for 7 Palacio?
7 Palacio is a 3 bed, 3 bath, 1,857 sqft condos.
Is 7 Palacio a flip candidate?
No — 7 Palacio does not appear in our flips dataset.
Is 7 Palacio a tax-appeal candidate?
No — 7 Palacio 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
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Geography
Other properties on Palacio