NOT LISTED FOR SALE

16 Drackert Ln Ladera Ranch, CA 92694

Estimated Value: $2,038,519 - $2,334,000

4 Beds
3.5 Baths
3,291 Sq Ft
$676/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $1,150,000 $349 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $13,387/month

67 Days on Market

Highlights

  • Heated Spa
  • Clubhouse
  • English Architecture
  • Oso Grande Elementary School Rated A
  • Property is near clubhouse
  • 2-minute walk to Oso Grande Park

About This Home

As of July 2018

*Lowest Priced Covenant Hills Property* Rare Ladera Ranch gem, located behind the guard gates of Covenant Hills! Located on a quiet tree lined street, this cul-de-sac Amarante home lives as a single story home! The gourmet kitchen opens to a large family room with beautiful windows and a door leading to a courtyard, also accessible from doors in the dining room, allowing you to live the Al-Fresco living California is known for. The main floor features a generous master and an additional bedroom suite, breakfast room with built-in cabinetry, formal living and dining rooms, office with built-ins(optional 4th bedroom) and laundry room complete the main floor of this home. Hidden near the laundry room is a set of stairs that lead to a loft and a third bedroom suite. The backyard is beautifully landscaped, complete with a huge in-ground hot tub, generous BBQ area with ample space for bar seating and entertainment. The backyard leads in to the side courtyard which offers additional entertaining space. This home is located right next to a path that acts as a shortcut through the neighborhood to give easy walking access to the award winning Oso Grande Elementary School. Enjoy the many amenities that Ladera Ranch has to offer including, pools, water park, skate park, trails, tennis courts and more. Don’t miss out on this floorplan as they rarely come to market!

Last Agent to Sell the Property

Joshua Zollinger

HOMZ License #01429621 Listed on: 03/23/2018

Co-Listed By

Lisa Zollinger

HOMZ License #01778153

Last Buyer's Agent

Joshua Zollinger

HOMZ License #01429621 Listed on: 03/23/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 8,377 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • English Architecture
  • Cottage
  • Stucco

Interior Spaces

  • 3,291 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer Hookup

Pool

  • Heated Spa
  • In Ground Spa

Location

  • Property is near clubhouse
  • Suburban Location

Schools

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

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 16392
  • Assessor Parcel Number 74155106

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

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

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Amarante (AMRN)
  • View: Yes
  • Architectural Style: Cottage, English
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74155106
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3291.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Recessed Lighting, Wired for Data
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 349.44
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Community, Association, Heated, In Ground, Private

Exterior Features

  • View: Neighborhood, Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside, Washer Hookup
  • 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, Meeting Room, Call for Rules, Management, Guard, Security, Controlled Access
  • Association Fee: 406.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

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: Back Yard, Close to Clubhouse, Front Yard, Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 8377.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 35
  • Tax Tract Number: 16392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 13, 2018
Sold by
Smith Thora
Bought by
Mermelstein William Bernard and Mermelstein Kristina Weitz
Seller's Agent
Joshua Zollinger
HOMZ
Buyer's Agent
Joshua Zollinger
HOMZ
List Price
$1,249,999
Sold Price
$1,150,000
Premium/Discount to List
-$99,999
-8%
Current Estimated Value
$2,224,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,130
Avg. Annual Appreciation
9.19%
Original Mortgage
$453,101
Outstanding Balance
$391,856
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,832,274

Purchase Details

Closed on
Dec 27, 2012
Sold by
Smith Thora
Bought by
Smith Thora and Trust A

Purchase Details

Closed on
Aug 19, 2011
Sold by
Linder John P and Linder Susan E
Bought by
Smith Thora

Purchase Details

Closed on
Aug 9, 2005
Sold by
Linder John and Linder Susan
Bought by
Linder John P and Linder Susan E

Purchase Details

Closed on
Dec 3, 2004
Sold by
Covenant Hills P & 30A Llc
Bought by
Linder John and Linder Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
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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
Mermelstein William Bernard $1,150,000 First American Title Co
Smith Thora -- None Available
Smith Thora $850,000 First American Title Company
Linder John P -- --
Linder John $955,000 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mermelstein William Bernard $453,101
Previous Owner Linder John $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $1,150,000 -4.2% $349 / Sq Ft
05/25/2018 05/25/18 Price Changed $1,200,000 -4.0% $365 / Sq Ft
03/23/2018 03/23/18 For Sale $1,249,999 -- $380 / 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 $16,207 $1,110,862 $888,697 $222,165
2024 $16,207 $1,089,081 $871,272 $217,809
2023 $15,926 $1,067,727 $854,188 $213,539
2022 $15,879 $1,046,792 $837,440 $209,352
2021 $15,634 $1,026,267 $821,019 $205,248
2020 $15,432 $1,015,744 $812,600 $203,144
2019 $15,554 $995,828 $796,667 $199,161
2018 $14,788 $938,319 $315,295 $623,024
2017 $14,636 $919,921 $309,113 $610,808
2016 $14,598 $901,884 $303,052 $598,832
2015 $14,675 $888,337 $298,500 $589,837
2014 $14,771 $870,936 $292,653 $578,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18067544

California Regional Multiple Listing Service (CRMLS)

APN: 741-551-06