16 Michael Rd Ladera Ranch, CA 92694
Covenant Hills Village NeighborhoodEstimated Value: $2,086,000 - $2,798,000
5
Beds
5.5
Baths
3,858
Sq Ft
$666/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Filtered Pool
- Updated Kitchen
- Oso Grande Elementary School Rated A
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of August 2020Spectacular Montanez executive pool residence with 5 en-suite bedrooms plus casita and 5-1/2 baths on an expansive lot with gated porte-cochere driveway, situated within the gates of Covenant Hills. Carefully selected interior finishes including distressed hardwood flooring, upgraded carpeting, window casings, upgraded baseboards, custom paint, plantation shutters, and unique architectural features. Formal living room with lighted built-ins, plus formal dining room with chandelier. Impressive kitchen is highlighted by a substantial kitchen island with new Taj Mahal Quartzite counters, white cabinetry, high-quality stainless-steel appliances including built-in appliances stove hood with lamps. Warm and inviting family room with shiplap built-in, fireplace with raised hearth & mantle. Luxurious master suite has separate retreat and generous walk-in closet. Master bath features travertine flooring, dual sinks with stone counters, walk-in shower and large soaking tub with stone surrounds, and framed mirrors. Relax in this spacious, entertainer's oasis which features sparkling pool & spa with water features, Spanish tile detail, covered patio with fireplace, outdoor dining area, built-in barbecue with lighted bar, and stone patio surrounded by lush landscaping including beautiful cypress and olive trees. Located on a wonderful cul-de-sac street, close to award-winning schools, and the Covenant Hills Clubhouse with pool, spa & tennis. Must see to appreciate this gorgeous home!
Last Agent to Sell the Property
Jason Bean
Pacific Beneficial Mortgage Co License #01929714 Listed on: 06/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,164
Year Built
- Built in 2006 | Remodeled
Lot Details
- 9,358 Sq Ft Lot
- Southwest Facing Home
- Masonry wall
- Landscaped
- Front and Back Yard Sprinklers
- Private Yard
- Back and Front Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $462 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
- Automatic Gate
Property Views
- Canyon
- Hills
- Courtyard
Home Design
- Spanish Architecture
- Turnkey
- Planned Development
- Slab Foundation
- Frame Construction
- Spanish Tile Roof
Interior Spaces
- 3,858 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- Raised Hearth
- Gas Fireplace
- Shutters
- Casement Windows
- French Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Den
- Storage
- Wood Flooring
- Attic
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Self-Cleaning Oven
- Electric Oven
- Six Burner Stove
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Retreat
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Mirrored Closets Doors
- Granite Bathroom Countertops
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
- Fire Sprinkler System
- Pest Guard System
Pool
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
- Waterfall Pool Feature
- Pool Tile
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Schools
- Oso Grande Elementary School
- Ladera Ranch Middle School
- San Juan Hills High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- 220 Volts For Spa
- 220 Volts in Garage
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 16473
- Assessor Parcel Number 74150127
Community Details
Overview
- Ladera Ranch Association, Phone Number (949) 218-0900
- Larmac HOA
- Built by Centex
- Montanez Subdivision
- Maintained Community
- Foothills
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Meeting Room
- Recreation Room
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2020
Closed on
Jun 30, 2020
Sold by
Patzakis Peter M and Anderson Brooke E
Bought by
Lalousis Georgios and Camus Jane
Seller's Agent
Jason Bean
Pacific Beneficial Mortgage Co
Buyer's Agent
Ken Crane
First Team Real Estate
List Price
$1,538,000
Sold Price
$1,520,000
Premium/Discount to List
-$18,000
-1.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,636
Avg. Annual Appreciation
11.90%
Original Mortgage
$765,000
Outstanding Balance
$677,625
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,953,933
Purchase Details
Closed on
May 21, 2018
Sold by
Patzakis Peter M and Anderson Brooke E
Bought by
Patzakis Peter M and Anderson Brooke E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 7, 2017
Closed on
Jun 22, 2017
Sold by
Sanchez Claudia
Bought by
Patzakis Peter Michael and Anderson Brooke Elizabeth
Seller's Agent
Dina Williams
Rancho Trabuco Real Estate Services Inc
Buyer's Agent
Dede Engelbrecht
Ladera Realty Group
List Price
$1,659,000
Sold Price
$1,390,000
Premium/Discount to List
-$269,000
-16.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Purchase Details
Closed on
Aug 24, 2011
Sold by
Sanchez Javier
Bought by
Sanchez Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2011
Sold by
Prieto Jesse J and Prieto Patricia P
Bought by
Sanchez Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2006
Sold by
Centex Homes
Bought by
Prieto Jesse J and Prieti Patricia P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
Similar Homes in Ladera Ranch, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lalousis Georgios | $1,520,000 | First American Title | |
| Patzakis Peter M | -- | None Available | |
| Patzakis Peter M | -- | None Available | |
| Patzakis Peter Michael | $1,390,000 | California Title Company | |
| Sanchez Claudia | -- | Western Resources Title | |
| Sanchez Claudia | $900,000 | Western Resources Title | |
| Prieto Jesse J | $1,271,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Camus Jane | $100,000 | |
| Open | Lalousis Georgios | $765,000 | |
| Closed | Lalousis Georgios | $765,000 | |
| Previous Owner | Patzakis Peter Michael | $903,500 | |
| Previous Owner | Sanchez Claudia | $720,000 | |
| Previous Owner | Prieto Jesse J | $250,000 | |
| Previous Owner | Prieto Jesse J | $1,000,000 | |
| Previous Owner | Prieto Jesse J | $143,760 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2020 08/03/20 | Sold | $1,520,000 | -1.2% | $394 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $1,538,000 | +10.6% | $399 / Sq Ft |
| 07/20/2017 07/20/17 | Sold | $1,390,000 | -7.3% | $360 / Sq Ft |
| 06/21/2017 06/21/17 | Pending | -- | -- | -- |
| 06/12/2017 06/12/17 | Price Changed | $1,499,000 | -3.3% | $389 / Sq Ft |
| 05/30/2017 05/30/17 | Price Changed | $1,550,000 | -3.1% | $402 / Sq Ft |
| 04/27/2017 04/27/17 | Price Changed | $1,599,900 | -3.6% | $415 / Sq Ft |
| 04/07/2017 04/07/17 | For Sale | $1,659,000 | -- | $430 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $22,164 | $1,613,036 | $738,955 | $874,081 |
| 2023 | $21,754 | $1,581,408 | $724,465 | $856,943 |
| 2022 | $21,622 | $1,550,400 | $710,259 | $840,141 |
| 2021 | $21,269 | $1,520,000 | $696,332 | $823,668 |
| 2020 | $20,479 | $1,446,156 | $687,246 | $758,910 |
| 2019 | $20,447 | $1,417,800 | $673,770 | $744,030 |
| 2018 | $20,371 | $1,390,000 | $660,558 | $729,442 |
| 2017 | $16,339 | $1,016,502 | $255,244 | $761,258 |
| 2016 | $16,302 | $996,571 | $250,239 | $746,332 |
| 2015 | $16,424 | $981,602 | $246,480 | $735,122 |
| 2014 | $16,520 | $962,374 | $241,652 | $720,722 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2020
Jason Bean
Pacific Beneficial Mortgage Co
(714) 609-4952
1 in this area
3 Total Sales
-
Ken Crane
Buyer's Agent in 2020
Ken Crane
First Team Real Estate
(714) 478-4401
1 in this area
26 Total Sales
-
Colleen Crane
C
Buyer Co-Listing Agent in 2020
Colleen Crane
First Team Real Estate
(949) 240-7979
1 in this area
55 Total Sales
-
Dina Williams
Seller's Agent in 2017
Dina Williams
Rancho Trabuco Real Estate Services Inc
(949) 322-2177
1 in this area
45 Total Sales
-
Dede Engelbrecht
D
Seller Co-Listing Agent in 2017
Dede Engelbrecht
Ladera Realty Group
(949) 322-2177
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20119166
APN: 741-501-27
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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