$678,500 EMV

2 Beds   2 Baths   1,072 Sq. Ft.   Condo
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Montara Dr
Aliso Viejo, CA 92656


This Condo is located at Montara Dr, Aliso Viejo, CA 92656. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 2 Baths , 1,072 sqft of living space.
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Status: Inactive
Listing ID: 59219566
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Learn about Montara Dr in Aliso Viejo, CA

This condo property is available as a preforeclosure at Montara Dr. It has 2 bedrooms, 2 bathrooms, and 1,072 square feet of living space. Based on our analysis of the current market conditions in Aliso Viejo for Montara Dr and comparable listings, the estimated market value is $678,500. If purchased for rental purposes, the monthly rental rate could range between $2,210 and $2,450. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Montara Dr are updated daily along with others in Aliso Viejo, California.

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,072
  • Lot Size: 0.08 acres
  • Year Built: 1989
  • Source ID: 157814038
  • Day(s) On Site: 148
  • Parcel Number: 934-507-34
  • Property Type: Condo
  • Plaintiff: Aliso Viejo Community Assn
  • Recording Date: 01-05-2023
  • Trustee Address: 509 N Coast Hwy
  • Trustee City: Oceanside
  • Trustee State: CA
  • Trustee Zip: 92054
  • Trustee Phone: (760) 529-5211
  • Deed Category: NOD
  • Document Number: 202300002260

Public Records

  • Bedrooms: 2
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Heating Type: FORCED AIR
  • Land Area Sqft: 3,519
  • APN: 934-50-734
  • Property Type: Condominium
  • Living Sqft: 1,183


The property located at Montara Dr in Aliso Viejo, CA is listed as a Preforeclosure

The process of preforelcosure with properties like Montara Dr in Aliso Viejo, California begin when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Loan Information

  • 1st Mortgage Date: 10-06-2022

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Rental Value

The estimated rental value for Montara Dr located in Aliso Viejo, CA is $2,330/month. Comparable homes around Montara Dr that are rentals have monthly ranges starting as low as $2,210 per month and as high as $2,450 per month. An owner looking to use this property as an investment could bring a return in the area of $2,210 - $2,450 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Montara Dr
Aliso Viejo, CA 92656

2 Beds   2 Baths   1,072 sq. ft.   Condo

$678,500 EMV

Status: Inactive Listing ID: 59219566

Property Information

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Public Records

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Property Description

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