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42 Shea Rdg

Rancho Santa Margarita, CA 92688

5 bd 4 ba 3,309 sqft Built 1998 Lot 10,202 sqft single_family
Most recent sale
$1,340,000
Apr 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Listed $2,399,999 CRMLS
Apr 27, 2021 Sold $1,340,000 CRMLS
Jul 22, 2013 Sold $950,000 Public Record
Jul 6, 2013 Listing removed $949,900 CRMLS
Jun 19, 2013 Listed $949,900 CRMLS
May 28, 2011 Listing removed $4,150 SoCalMLS
May 25, 2011 Listed for rent $4,150 SoCalMLS
Dec 29, 1999 Sold $527,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $524,843 $1,850,737 $2,375,580 $24,235
2024 $524,843 $1,850,737 $2,375,580 $14,499
2023 $457,776 $936,360 $1,394,136 $14,175
2022 $448,800 $918,000 $1,366,800 $13,907
2021 $434,377 $641,390 $1,075,767 $12,421
2020 $429,923 $634,814 $1,064,737 $12,523
2019 $421,494 $622,366 $1,043,860 $13,471
2018 $413,230 $610,163 $1,023,393 $13,262
2017 $405,128 $598,199 $1,003,327 $13,898
2016 $397,185 $586,469 $983,654 $13,908
2015 $391,219 $577,660 $968,879 $14,020
2014 $383,556 $566,344 $949,900 $13,918
2013 $363,539 $338,722 $702,261 $11,233
2012 $356,411 $332,081 $688,492 $11,265
2011 $349,423 $325,570 $674,993 $10,891
2010 $346,812 $323,137 $669,949 $10,848
2009 $347,636 $323,905 $671,541 $10,804
2008 $340,820 $317,554 $658,374 $10,312
2007 $334,138 $311,327 $645,465 $10,105

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,309 sqft
Lot size
10,202 sqft
ZIP code
92688
City
Rancho Santa Margarita
Street
Shea Rdg
Coordinates
33.58153, -117.62337

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
$10,589
Gross rental yield
9.48%
Implied cap rate
6.16%
Trend-extrapolated value

Frequently asked questions

When did 42 Shea Rdg last sell?
42 Shea Rdg most recently sold on Apr 27, 2021 for $1,340,000.
What is the current tax assessment for 42 Shea Rdg?
The most recent total assessment for 42 Shea Rdg (year 2025) is $2,375,580 with $24,235 in property tax.
How does 42 Shea Rdg's assessment compare to its last sale price?
The current assessment is 77.3% above the last sale price of $1,340,000.
When was 42 Shea Rdg built?
42 Shea Rdg was built in 1998.
How does 42 Shea Rdg compare to others on Shea Rdg?
We track 8 other properties on Shea Rdg. Browse the list under "Other properties on Shea Rdg" to compare beds, baths, and sale history.
What are the property facts for 42 Shea Rdg?
42 Shea Rdg is a 5 bed, 4 bath, 3,309 sqft, 10,202 sqft lot single_family.
Is 42 Shea Rdg a flip candidate?
No — 42 Shea Rdg does not appear in our flips dataset.
Is 42 Shea Rdg a tax-appeal candidate?
Yes — 42 Shea Rdg appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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