NOT LISTED FOR SALE

1 Thomas Rd Ladera Ranch, CA 92694

Estimated Value: $5,094,000 - $5,951,000

5 Beds
7 Baths
6,171 Sq Ft
$889/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $5,000,000 $810 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $34,376/month

29 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Private Pool
  • Oso Grande Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of September 2022

Simply SPECTACULAR 190-degree panoramic sunset, city lights, majestic Saddleback Mountains and distant ocean views are impressive from this one-of-a-kind enchanting custom estate in the coveted prestigious gated community of Covenant Hills. This home is an architectural masterpiece and is nestled in a premium coveted setting at the end of a sprawling 15,000 sf hilltop cul-de-sac location. The depth and width of this lot and location are envious as the vistas are nothing short of breathtaking and you feel like you are on top of the world. Welcome to 1 Thomas. This address is #1 for a reason. This beautiful Ladera Ranch Estate has exquisite curbside appeal with Andalusian architecture and a meticulously landscaped motor court with flawless landscape & towering palms that leads to the stately entrance. The custom beveled glass and wrought iron door welcome you inside. This refined yet relaxed design is perfect for indoor/outdoor living at its best. With high ceilings, generously scaled rooms & the finest finishes exude timeless sophistication with your own custom temperature-controlled wine cellar. Also find 5 Bedrooms including a Luxe Master Suite & 5 Full & 2 half baths. Handmade Custom Imported Italian Tile exposed real wood beams & custom finished ceilings. Chef’s Kitchen with large island, Walk-in Pantry, State of the art Professional grade Sub Zero and Viking Stainless Appliances. Also noteworthy is the crown molding, wood & stone flooring, a graceful staircase, 4-car custom garage, 3 indoor cozy masonry fireplaces. Dine alfresco under a covered patio with mesmerizing unrivaled views and lush landscape. Get ready to entertain and enjoy your sparkling pool and spa. This custom home was masterfully crafted & a one-of-a-kind property located in the award-winning community of Ladera Ranch with Blue Ribbon Schools, huge water park, skate park, tennis courts, tree lined streets, clubhouses, community pools and events and activities that bring the “FUN” factor without having to leave the neighborhood. This rare & exquisitely designed home is truly the “WOW” house.

Last Agent to Sell the Property

Kathleen Monroe

Kathleen Monroe Real Estate Services, Inc License #01510329 Listed on: 06/01/2022

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.33 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Southeast Facing Home
  • Fenced
  • Fence is in good condition

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 6,171 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Double Pane Windows
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Soaking Tub
  • Walk-in Shower

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • South Hills High School

Utilities

  • Central Air
  • Standard Electricity
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 116
  • Tax Tract Number 16586
  • Assessor Parcel Number 74143326
  • $11,190 per year additional tax assessments

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Residential HOA
  • Built by Custom
  • Covenant Hills Custom Homes Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$708 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained
  • Security: Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74143326
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6171.00 Square Feet
  • Interior Amenities: Crown Molding
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 810.24
  • Room Type: Dressing Area, Formal Entry, Foyer, Library, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights, Hills, Mountain(s), Ocean, Valley
  • Fence: Yes
  • Fencing: Good Condition
  • Builder Name: Custom
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, Association, Community
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Paved
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven, Gas Cooktop, Microwave
  • Electric: Standard
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse, Guard
  • Association Fee: 708.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: First Service Residential

Schools

  • Elementary School: Oso Grande
  • High School: South Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SOUHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 14224.00
  • Lot Size Acres: 0.3265
  • Latitude Manual: 33.53295100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14224.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 116
  • Tax Tract Number: 16586
  • TaxOtherAnnualAssessmentAmount: 11190.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Edalat-Ashtiany Family Trust
Bought by
Edalat-Ashtiany Family Trust
Current Estimated Value
$5,485,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 9, 2022
Sold by
Sebell Knudsen Martin Christian and Sebell Darlen
Bought by
Edalat-Ashtiany Family Trust
Seller's Agent
Kathleen Monroe
Kathleen Monroe Real Estate Services, Inc
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$4,500,000
Sold Price
$5,000,000
Premium/Discount to List
$500,000
11.11%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$4,500,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jan 23, 2019
Sold by
Reed Gerald Paul and Reed Lisa Renee
Bought by
Knudsen Martin Christian Sebell and Bayer Knudsen Darlene Michele
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Kathleen Monroe
Kathleen Monroe Real Estate Services, Inc
List Price
$3,220,000
Sold Price
$3,220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$2,415,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 25, 2016
Sold by
Reed Gerald Paul and Reed Lisa Renee
Bought by
The Reed Family Trust
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Ken Bowen
Re/Max Real Estate Group
List Price
$3,799,000
Sold Price
$3,450,900
Premium/Discount to List
-$348,100
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.42%
Original Mortgage
$1,000,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2016
Closed on
Apr 19, 2016
Sold by
Aman Steve
Bought by
Reed Gerald Paul and Reed Lisa Renee
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Ken Bowen
Re/Max Real Estate Group
List Price
$3,799,000
Sold Price
$3,450,900
Premium/Discount to List
-$348,100
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Aman Rebecca
Bought by
Aman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Sky Ranch Development Lp
Bought by
Aman Steven and Aman Rebecca

Purchase Details

Closed on
May 2, 2006
Sold by
Dmb Ladera Llc
Bought by
Sky Ranch Development Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,450,000
Interest Rate
6.21%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edalat-Ashtiany Family Trust -- Provident Title
Edalat-Ashtiany Family Trust $4,650,000 Lawyers Title
Knudsen Martin Christian Sebell $3,220,000 Wfg National Title
The Reed Family Trust -- None Available
Reed Gerald Paul $3,448,000 Ticor Title
Aman Steven -- None Available
Aman Steven $2,430,000 Stewart Title Of California
Sky Ranch Development Lp -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edalat-Ashtiany Family Trust $3,000,000
Previous Owner Edalat-Ashtiany Family Trust $4,500,000
Previous Owner Knudsen Martin Christian Sebell $2,415,000
Previous Owner Reed Gerald Paul $1,000,000
Previous Owner Aman Steven $397,000
Previous Owner Sky Ranch Development Lp $5,450,000
Closed Edalat-Ashtiany Family Trust $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $5,000,000 +11.1% $810 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $4,500,000 +39.8% $729 / Sq Ft
03/12/2019 03/12/19 Sold $3,220,000 0.0% $522 / Sq Ft View Prior Sale
01/24/2019 01/24/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $3,220,000 -6.7% $522 / Sq Ft
05/13/2016 05/13/16 Sold $3,450,900 -9.2% $559 / Sq Ft View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $3,799,000 -- $616 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $59,129 $4,837,860 $2,788,615 $2,049,245
2024 $59,129 $4,743,000 $2,733,936 $2,009,064
2023 $57,983 $4,650,000 $2,680,329 $1,969,671
2022 $45,243 $3,384,794 $1,492,674 $1,892,120
2021 $44,491 $3,318,426 $1,463,406 $1,855,020
2020 $43,943 $3,284,400 $1,448,400 $1,836,000
2019 $48,578 $3,658,938 $1,856,764 $1,802,174
2018 $48,220 $3,587,195 $1,820,357 $1,766,838
2017 $48,045 $3,516,858 $1,784,663 $1,732,195
2016 $38,515 $2,658,324 $719,148 $1,939,176
2015 $38,522 $2,618,394 $708,346 $1,910,048
2014 $38,590 $2,567,104 $694,471 $1,872,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22114178

California Regional Multiple Listing Service (CRMLS)

APN: 741-433-26