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7 Romero

Rancho Santa Margarita, CA 92688

4 bd 3 ba 1,900 sqft Built 1989 Lot 4,000 sqft single_family
Most recent sale
$1,000,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2024 Sold $1,205,000 CRMLS
Sep 5, 2024 Listed $1,199,000 CRMLS
May 18, 2022 Sold $1,000,000 MLS #OC22075926
Apr 25, 2022 Price changed $1,000,000 MLS #OC22075926
Apr 15, 2022 Listed $1,050,000 MLS #OC22075926

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,129 $980,871 $1,205,000 $12,585
2024 $224,129 $980,871 $1,205,000 $10,892
2023 $201,134 $818,866 $1,020,000 $10,645
2022 $214,258 $192,927 $407,185 $4,170
2021 $210,057 $189,144 $399,201 $3,332
2020 $207,904 $187,204 $395,108 $4,056
2019 $203,828 $183,533 $387,361 $4,352
2018 $199,832 $179,934 $379,766 $4,283
2017 $195,914 $176,406 $372,320 $4,296
2016 $192,073 $172,947 $365,020 $4,739
2015 $189,188 $170,350 $359,538 $4,878
2014 $185,483 $167,013 $352,496 $4,792
2013 $184,645 $166,258 $350,903 $4,976
2012 $181,025 $162,998 $344,023 $5,217
2011 $177,476 $159,802 $337,278 $5,010
2010 $176,150 $158,608 $334,758 $5,110
2009 $176,569 $158,985 $335,554 $5,352
2008 $173,107 $155,868 $328,975 $5,029
2007 $169,713 $152,812 $322,525 $4,911

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,900 sqft
Lot size
4,000 sqft
ZIP code
92688
City
Rancho Santa Margarita
Street
Romero
Coordinates
33.64601, -117.59642

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,080
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 7 Romero last sell?
7 Romero most recently sold on May 18, 2022 for $1,000,000.
What is the current tax assessment for 7 Romero?
The most recent total assessment for 7 Romero (year 2025) is $1,205,000 with $12,585 in property tax.
How does 7 Romero's assessment compare to its last sale price?
The current assessment is 20.5% above the last sale price of $1,000,000.
When was 7 Romero built?
7 Romero was built in 1989.
How does 7 Romero compare to others on Romero?
We track 2 other properties on Romero. Browse the list under "Other properties on Romero" to compare beds, baths, and sale history.
What are the property facts for 7 Romero?
7 Romero is a 4 bed, 3 bath, 1,900 sqft, 4,000 sqft lot single_family.
Is 7 Romero a flip candidate?
No — 7 Romero does not appear in our flips dataset.
Is 7 Romero a tax-appeal candidate?
No — 7 Romero is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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