$750,000
SOLD AUG 15, 2024

121 Equine Way Ladera Ranch, CA 92694

2 Beds
2.5 Baths
1,272 Sq Ft
$479/mo HOA Fee

Recently Sold

$590 Per Sq Ft

1% Below List Price

88 Days on Market

Highlights

  • Spa
  • Two Primary Bedrooms
  • Clubhouse
  • Esencia Rated A
  • Open Floorplan
  • Property is near a clubhouse

About This Home

As of August 2024

STYLISH TWO-BEDROOM TOWNHOME IN THE COVETED RIENDA VILLAGE OF RANCHO MISSION VIEJO WITH FUTURE UNOBSTRUCTED VIEWS OF THE TRANQUIL BOULDER POND AND LENNAR HOMEBUILDER WARRANTY AVAILABLE THROUGH NOVEMBER 2024. Upon arrival, be greeted by a spacious gated courtyard with enough room for a firepit. The gourmet kitchen stands as the centerpiece, boasting premium appliances still under warranty and a generous center island with ample seating. The open floorplan creates a seamless flow from the kitchen to the dining room, adorned with a brand-new chandelier, and onwards to the living room. Adjacent to the living room sits an outdoor balcony, perfect for alfresco dining and entertaining with enough space for seating and a BBQ. Ascend to the third level, where both bedrooms have their own full bathrooms, adorned with exquisite finishes. The extended, tandem 2-car garage offers the practicality of fitting two cars while also containing plenty of storage space and extra room for a gym or office area.Vinyl plank flooring spans the entirety of the home, with the exception of the upgraded carpeting that covers the stairs leading to the third level. Elegant window shades, curtain rods, & curtains add a touch of sophistication to the home, with the convenience of remote-controlled blinds above the second floor's sliding glass door (under warranty). Efficiency meets sustainability with owned solar panels and a tankless water heater, ensuring energy-conscious living. Washer and dryer with a 5-year warranty also included. All things considered, the property boasts approximately $40,000 of upgrades beyond the homebuilder's base offering including smart features (ring, garage door, GE appliances, front door lock are all controllable via apps). The purchase of this home offers the immediate ability to move in, without the wait for new construction. It also offers exclusive access to Rancho Mission Viejo's luxurious and award winning amenities, including resort-style pools, Esencia K-8 school, community farms, fitness centers, and an array of recreational facilities from tennis and pickleball courts to playgrounds and coffee shops. The home itself also offers proximity to Rienda's the planned K-8 school and nearby Boulder Park, offering convenience for young families.

Last Agent to Sell the Property

Sari Ward

First Team Real Estate Brokerage Phone: 949-683-9545 License #01774861 Listed on: 04/19/2024

First Team Real Estate

Last Buyer's Agent

Ola Al Kinani

West Shores Realty, Inc. License #02124034

West Shores Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,399

Year Built

  • Built in 2023

Lot Details

  • Two or More Common Walls
  • Fenced
  • New Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Tandem Garage
  • Single Garage Door
  • Guest Parking

Home Design

  • Planned Development

Interior Spaces

  • 1,272 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a clubhouse
  • Property is near a park
  • Suburban Location

Utilities

  • Central Air
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 19029
  • Assessor Parcel Number 93184202
  • $4,835 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Rancho Mmc Association, Phone Number (949) 625-6500
  • Rienda Neighborhood Corp Association
  • First Service Residential HOA
  • Built by Lennar
  • Oasis Subdivision, Plan 2

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Bocce Ball Court
  • Ping Pong Table
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,399

Year Built

Built in 2023

Lot Details

0

HOA Fees

$479 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Oasis (OSIS)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93184202
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1272.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Tandem, Wired for Data
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 589.62
  • Room Type: All Bedrooms Up, Great Room, Two Primaries, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition
  • Builder Name: Lennar
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door, Guest, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Tankless Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Rienda Neighborhood Corp
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Tennis Court(s), Paddle Tennis, Bocce Ball Court, Sport Court, Biking Trails, Hiking Trails, Horse Trails, Clubhouse, Card Room, Banquet Facilities, Recreation Room, Pet Rules, Controlled Access
  • Association Fee: 233.00
  • Association #2 Fee: 246.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Rancho MMC
  • Phone: 949-625-6500
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Dog Park, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Park Nearby
  • Lot Size Sq Ft: 1600.00
  • Lot Size Acres: 0.0367
  • Latitude Manual: 33.52251100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1600.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.66
  • Tax Lot: 2
  • Tax Tract Number: 19029
  • TaxOtherAnnualAssessmentAmount: 4835.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Aug 2, 2024
Sold by
Ulnick Alec Maxwell and Ashley Marie
Bought by
Elderby Mohab and Boules Diana
Seller's Agent
Sari Ward
First Team Real Estate
Buyer's Agent
Ola Al Kinani
West Shores Realty, Inc.
List Price
$755,000
Sold Price
$750,000
Premium/Discount to List
-$5,000
-0.66%
Views
59
Current Estimated Value
$748,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,989
Avg. Annual Appreciation
0.78%
Original Mortgage
$150,000
Outstanding Balance
$112,506
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$642,426

Purchase Details

Closed on
Oct 27, 2023
Sold by
Lennar Homes Of California Inc
Bought by
Ulnick Alec Maxwell and Ulnick Ashley Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,674
Interest Rate
7.63%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $750,000 California Title
Grant Deed $650,500 Lennar Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 FHA
Open $600,000 New Conventional
Previous Owner $700,674 Construction
Previous Owner $617,966 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $750,000 +0.1% $590 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $749,000 -0.8% $589 / Sq Ft
04/19/2024 04/19/24 For Sale $755,000 -- $594 / 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
2024 $12,399 $650,490 $349,885 $300,605
2023 $7,655 $279,250 $279,250 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24074383

California Regional Multiple Listing Service (CRMLS)

APN: 931-842-02