$2,450,000
SOLD SEP 25, 2024
4 Beds
3 Baths
2,788 Sq Ft
5,300 Sq Ft Lot

Recently Sold

$879 Per Sq Ft

2% Below List Price

123 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Deck
  • George White Elementary Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat

About This Home

As of September 2024

$2,500,000 or TRADE with unparalleled ocean and hillside views! Welcome to your oasis of elegance in one of the most coveted gated communities in Laguna Niguel! 16 Palisades in the prestigious Bear Brand Ridge welcomes you with vaulted cathedral ceilings and impressive travertine and marble flooring. Perfect for entertaining, the expansively upgraded kitchen features Italian Scavolini custom cabinets, countertops, and top of the line Miele appliances. Downstairs, you'll find the home office or a possible 5th bedroom, full bathroom, laundry room (w/ sink) and access to the attached 3-car garage flush with built-in storage. Retreat upstairs to the lavish primary suite, with stunning panoramic ocean and sunset views from your private deck, dual sink primary bath, expansive walk in closet and fireplace. Imagine bathing in front of the fireplace with ocean views out your window! Three additional bedrooms and updated full bath with dual sinks also found upstairs. Countless upgrades in every room including newer windows & doors, plantation shutters, solar, along with newly installed water heater and smart enabled garage doors to name a few. Within the community, Bear Brand Ridge offers a park, playground, and hiking trails. Close proximity to pristine beaches, 5 star resorts, top rated schools, fine dining and shopping.

Last Agent to Sell the Property

Renee Chen

PARTNER Real Estate Brokerage Phone: 626-765-5212 License #01940172 Listed on: 05/07/2024

PARTNER Real Estate

Last Buyer's Agent

Ryan Clancy

Ryan Clancy, Broker License #01817582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,345

Year Built

  • Built in 1994

Lot Details

  • 5,300 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Hills
  • Neighborhood

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 2,788 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 12963
  • Assessor Parcel Number 67367213

Community Details

Overview

  • Bear Brand Association, Phone Number (714) 285-2626
  • Management Trust HOA
  • Warmington Homes Subdivision

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Park
  • Hiking Trails

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,345

Year Built

Built in 1994

Lot Details

0

HOA Fees

$254 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Warmington Homes (BB) (BBW)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67367213
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2788.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Partial, Wired for Sound
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Dining Ell, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Retreat, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 878.77
  • Room Type: Den, Family Room, Kitchen, Laundry, Primary Suite, Walk-In Closet
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • View: Catalina, Hills, Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Hiking Trails, Controlled Access
  • Association Fee: 254.00
  • Association Fee Frequency: Monthly
  • Association Name: Bear Brand
  • Phone: 7142852626
  • Senior Community: No
  • Community Features: Hiking, Park, Sidewalks, Street Lights
  • Association Management: Management Trust

Schools

  • School District: Capistrano Unified

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Sq Ft: 5300.00
  • Lot Size Acres: 0.1217

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 59
  • Tax Tract Number: 12963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Sep 9, 2024
Sold by
Tung Pi Trust and Lai Julia Tung-Pi
Bought by
Lingam Rahul and Mooney Alison
Seller's Agent
Renee Chen
PARTNER Real Estate
Buyer's Agent
Ryan Clancy
Ryan Clancy, Broker
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%
Total Days on Market
123
Views
67
Current Estimated Value
$2,531,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,217
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,592,500
Outstanding Balance
$1,582,238
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$948,979

Purchase Details

Closed on
Jul 7, 2005
Sold by
Hulon Geri and Manesh Al Shyste
Bought by
Lai Julia Tung Pi and The Tung Pi Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Manesh Al Shyste
Bought by
Hulon Geri

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
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Karimisahari Nazila
Bought by
Manesh Al Shyste

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
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2002
Sold by
Ebadi Fariha Hissami
Bought by
Norry Stephen and Norry Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,900
Interest Rate
6.22%

Purchase Details

Closed on
Sep 27, 1999
Sold by
Fariha Ebadi
Bought by
Ebadi Fariha Hissami and Fariha Hissami Ebadi 1996 Living Trust

Purchase Details

Closed on
Jun 10, 1998
Sold by
John Denardo and John Elizabeth
Bought by
Ebadi Fariha Hissami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Warmington Bear Brand Associates L P
Bought by
Denardo John M and Denardo Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,200
Interest Rate
8.8%
Source: Public Records

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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 $2,450,000 Fidelity National Title
Grant Deed $1,426,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- First American Title Co
Grant Deed $833,000 Stewart Title
Interfamily Deed Transfer -- --
Grant Deed $650,000 Fidelity National Title Ins
Grant Deed $428,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,592,500 New Conventional
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $532,500 Unknown
Previous Owner $511,900 No Value Available
Previous Owner $520,000 No Value Available
Previous Owner $342,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $2,450,000 0.0% $879 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
06/18/2024 06/18/24 Off Market $2,450,000 -- --
06/06/2024 06/06/24 For Sale $2,500,000 +2.0% $897 / Sq Ft
06/05/2024 06/05/24 Off Market $2,450,000 -- --
05/30/2024 05/30/24 For Sale $2,500,000 +2.0% $897 / Sq Ft
05/29/2024 05/29/24 Off Market $2,450,000 -- --
05/07/2024 05/07/24 For Sale $2,500,000 -- $897 / 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 $19,345 $1,910,533 $1,456,987 $453,546
2023 $18,914 $1,871,000 $1,428,419 $442,581
2022 $12,650 $1,249,963 $885,239 $364,724
2021 $12,406 $1,225,454 $867,881 $357,573
2020 $12,410 $1,225,454 $867,881 $357,573
2019 $12,427 $1,201,426 $850,864 $350,562
2018 $12,736 $1,201,426 $850,864 $350,562
2017 $12,612 $1,201,426 $850,864 $350,562
2016 $12,974 $1,201,426 $850,864 $350,562
2015 $12,519 $1,183,380 $838,083 $345,297
2014 $12,583 $1,183,380 $838,083 $345,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24091628

California Regional Multiple Listing Service (CRMLS)

APN: 673-672-13