NOT LISTED FOR SALE

Estimated Value: $4,208,000 - $4,540,000

5 Beds
5.5 Baths
4,200 Sq Ft
$1,043/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2023

Last sale price $3,950,000 $940 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $28,160 / mo

47 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • Updated Kitchen
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • 0.4 Acre Lot

About This Home

As of May 2023

Entertainer’s paradise estate positioned on an oversized private lot nestled in the guard gated village of Covenant Hills. The home features 5 bedrooms and 6 baths set around an open-air central courtyard that allows natural light to fill the home from every angle. The home lives like a single story with a first-floor primary bedroom and the vaulted great room makes it feel larger than its estimated 4,200 sf. A recently upgraded kitchen is a chef’s dream, tastefully appointed with Thermador appliances, a walk-in pantry and dual dishwashers. The generous island becomes the mecca for friends and family to gather, eat, drink and discuss new ideas. Four sets of pocketing, glass doors accentuate the California indoor outdoor lifestyle seamlessly connecting the home and outdoor living areas. The resort style yard has it all! From the sparkling pool and spa to the overbuilt logia that features a beautiful, vaulted wood ceiling, built in Lynx grill and fireplace, gas heaters, refrigerator, TV and counter space with plenty of room remaining for a sofa and dining table perfect for dining alfresco. The lush green landscaping includes raised garden beds to enjoy fresh fruit and vegetables throughout the year and the sprawling, park like, grass lawns wrap around the 17,520 sf lot are perfect for kids and pets to run and play.

The community is a feature rich environment offering acres of open space, walking paths, parks, playgrounds, a skate arena and even a water park. Ladera Ranch is known for its award-winning schools and safe, family focused neighborhoods. This home is in pristine condition. Must see to appreciate!!!

Last Agent to Sell the Property

Ronald Ellison

Keller Williams Coastal Prop. License #01827843 Listed on: 03/07/2023

Keller Williams Coastal Prop.

Last Buyer's Agent

Katie Eastman

Coldwell Banker Realty License #01964654

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • 17,520 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Copper Plumbing

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Formal Dining Room
  • Game Room
  • Wood Flooring
  • Views of Hills
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Fireplace in Patio
  • Slab Porch or Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Juan Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 16586
  • Assessor Parcel Number 74143414
  • $10,308 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 2013 | Remodeled

Lot Details

0.4 Acres

HOA Fees

$538 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74143414
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00 Square Feet
  • Interior Amenities: Block Walls, Copper Plumbing Full, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Ell, Family Kitchen, Dining Room, In Kitchen, In Living Room, Separated
  • Entry Level: 1
  • Fireplace Features: Patio, Gas, Great Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 940.48
  • Room Type: Game Room, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Gunite, Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Main Floor Full Bath, Remodeled, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Hills
  • Patio And Porch Features: Concrete, Lanai, Patio, Patio Open, Slab
  • Pool Features: Private, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven, Gas Range, Ice Maker, Microwave
  • Electric: 220 Volts, Standard
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 538.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Schools

  • Elementary School: Oso Grande
  • High School: San Juan Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SAJUHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 17520.00
  • Lot Size Acres: 0.4022

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17520.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 42
  • Tax Tract Number: 16586
  • TaxOtherAnnualAssessmentAmount: 10308.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 19, 2023
Sold by
Richard L Ellison Trust
Bought by
Seller's Agent
Ronald Ellison
Keller Williams Coastal Prop.
Buyer's Agent
Katie Eastman
Coldwell Banker Realty
List Price
$3,999,000
Sold Price
$3,950,000
Premium/Discount to List
-$49,000
-1.23%
Views
119
Current Estimated Value
$4,221,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,004
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Ellison Richard Lawrence
Bought by
Ellison Richard L and Richard L Ellison Trust

Purchase Details

Closed on
May 3, 2017
Sold by
Ellison Richard Lawrence
Bought by
Ellison Richard L and The Richard L Ellison Trust

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 4, 2016
Sold by
Otterbein Gregory E
Bought by
Ellison Richard Lawrence
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Timothy Wolter
Ladera Realty
List Price
$2,150,000
Sold Price
$2,050,000
Premium/Discount to List
-$100,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$1,640,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 11, 2013
Sold by
Otterbein Marybeth
Bought by
Otterbein Gregory E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,950,000 Wfg National Title
Ellison Richard L -- None Available
Ellison Richard L -- None Available
Ellison Richard Lawrence $2,050,000 Chicago Title Company
Otterbein Gregory E -- First American Title Company
Otterbein Gregory E $1,360,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,529,000
Previous Owner Ellison Richard Lawrence $1,640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $3,950,000 -1.2% $940 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $3,999,000 +95.1% $952 / Sq Ft
04/15/2016 04/15/16 Sold $2,050,000 -4.7% $488 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $2,150,000 -- $512 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $51,996 $4,191,771 $2,823,523 $1,368,248
2025 $51,062 $4,109,580 $2,768,160 $1,341,420
2024 $51,062 $4,029,000 $2,713,882 $1,315,118
2023 $33,188 $2,321,114 $1,206,865 $1,114,249
2022 $33,073 $2,275,602 $1,183,201 $1,092,401
2021 $32,534 $2,230,983 $1,160,001 $1,070,982
2020 $32,134 $2,208,108 $1,148,107 $1,060,001
2019 $32,136 $2,164,812 $1,125,595 $1,039,217
2018 $31,961 $2,122,365 $1,103,524 $1,018,841
2017 $31,999 $2,091,000 $1,087,215 $1,003,785
2016 $25,569 $1,496,247 $517,352 $978,895
2015 $25,573 $1,473,772 $509,580 $964,192
2014 $25,007 $1,360,000 $499,598 $860,402
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23037972

California Regional Multiple Listing Service (CRMLS)

APN: 741-434-14

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