NOT LISTED FOR SALE

15 Tranquility Place Ladera Ranch, CA 92694

Estimated Value: $2,911,592 - $3,980,000

5 Beds
5.5 Baths
4,545 Sq Ft
$732/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $2,360,000 $519 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $20,507/month

30 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • City Lights View
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Oso Grande Park

About This Home

As of December 2022

Embellished with today’s most sought-after premium updates, this Covenant Hills home at Ladera Ranch is ready to elevate your standard of living. Outdoors, stately architecture and mature landscaping are complemented by a setting on a fabulous cul-de-sac street where kids play together and a large parkway island lends an open feel. Grounds comprise about 8,929 square feet, allowing room for a private courtyard, and a future pool in a backyard that offers privacy, views, a shaded pergola, large lawn and a built-in BBQ island. Custom-expanded to approximately 4,545 square feet, the impressively sized residence is graced with new flooring, new lighting fixtures, custom built-ins, wainscoting, fashionable wallpaper, beamed and coffered ceilings and a stylish staircase. The living room opens via French doors to the front porch, the formal dining room is perfect for grand entertaining, and the family room features a custom corner fireplace and a built-in entertainment center. On-trend design is showcased in an updated kitchen with island, natural quartzite countertops, marble-tile backsplash, white cabinets with new hardware, a spacious and fully finished walk-in pantry, and high-end stainless steel appliances. Comfort for all is ensured with the inclusion of five ensuite bedrooms and five- and one-half baths, including an oversized main-level suite. An office is also located on the first floor. The primary suite provides a luxe sanctuary with spa-caliber bath, and secondary bedrooms are generously sized. Overlooking the fields of Oso Grande Elementary School, this turnkey residence is moments from Covenant Hills’ private clubhouse, pool and tennis courts. The gated community is convenient to trails, a skate park, a water park, shopping centers and so much more.

Last Agent to Sell the Property

Timothy Wolter

Ladera Realty License #01384317 Listed on: 09/19/2022

Last Buyer's Agent

Jason Wright

Coldwell Banker Realty License #02002461

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,929 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • City Lights
  • Hills

Home Design

  • Planned Development
  • Slab Foundation

Interior Spaces

  • 4,545 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Spa
  • Balcony
  • 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

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 16505
  • Assessor Parcel Number 74144107
  • $6,673 per year additional tax assessments

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Resdiential HOA
  • Meriden Subdivision

Amenities

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

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$538 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Meriden (MERD)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74144107
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4545.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Crown Molding, Pantry, Quartz Counters, Recessed Lighting, Wainscoting
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 519.25
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • 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, 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
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Resdiential

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

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 8929.00
  • Lot Size Acres: 0.2050

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 8929.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 16505
  • TaxOtherAnnualAssessmentAmount: 6672.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Wright Family Trust and Wright Jason Roy
Bought by
Wright Jason Roy
Current Estimated Value
$3,327,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,130,000
Outstanding Balance
$2,102,117
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$1,225,781

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wright Jason Roy
Bought by
Wright Family Trust and Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,130,000
Outstanding Balance
$2,102,117
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$1,225,781

Purchase Details

Closed on
Nov 6, 2023
Sold by
Wright Jason and Wright Kristina
Bought by
Wright Family Trust and Wright

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 18, 2022
Sold by
Skibsted Russell L and Skibsted Lisa Y
Bought by
Wright Jason and Wright Kristina
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Jason Wright
Coldwell Banker Realty
List Price
$2,399,900
Sold Price
$2,360,000
Premium/Discount to List
-$39,900
-1.66%
Views
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
11.89%
Original Mortgage
$1,888,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Warmington Meriden Associates Lp
Bought by
Skibsted Russell L and Skibsted Lisa Y

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
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Jason Roy -- Ticor Title Company
Wright Family Trust -- Ticor Title Company
Wright Family Trust -- None Listed On Document
Wright Jason $2,360,000 Chicago Title
Skibsted Russell L $1,475,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jason Roy $2,130,000
Previous Owner Wright Jason $1,888,000
Previous Owner Skibsted Russell L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $2,360,000 -1.7% $519 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $2,399,900 -- $528 / 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 $31,004 $2,455,344 $1,332,089 $1,123,255
2024 $31,004 $2,407,200 $1,305,969 $1,101,231
2023 $30,413 $2,360,000 $1,280,361 $1,079,639
2022 $22,939 $1,615,680 $677,029 $938,651
2021 $22,568 $1,584,000 $663,753 $920,247
2020 $22,433 $1,584,000 $663,753 $920,247
2019 $22,678 $1,584,000 $663,753 $920,247
2018 $21,959 $1,489,000 $650,738 $838,262
2017 $21,350 $1,409,000 $637,978 $771,022
2016 $20,481 $1,306,626 $585,114 $721,512
2015 $20,574 $1,287,000 $576,325 $710,675
2014 $18,935 $1,109,570 $398,895 $710,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22202031

California Regional Multiple Listing Service (CRMLS)

APN: 741-441-07