NOT LISTED FOR SALE

2 Crespi Cir Ladera Ranch, CA 92694

Estimated Value: $601,975 - $2,794,000

0.27 Acre
$5,556,581 Price per Acre
11,543 Sq Ft Lot

Last Sold November 27, 2012

Last sale price $300,000

Est. 391% increase in value since last sale

Current estimated payment $8,600/month

67 Days on Market

About This Lot

As of November 2012

READY TO BUILD !! Fabulous location with hilltop views of the Ocean, Mountain and Canyons. Located in the exclusive gated community of Covenant Hills in Ladera Ranch.Amenities include 1,600 acres of trails, community parks ,pools,skate park and water park.

Last Agent to Sell the Property

Mary Fan

HomeSmart, Evergreen Realty License #01786684 Listed on: 09/11/2012

HomeSmart, Evergreen Realty

Last Buyer's Agent

Mary Fan

HomeSmart, Evergreen Realty License #01786684 Listed on: 09/11/2012

HomeSmart, Evergreen Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,434

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R1

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 15985
  • Assessor Parcel Number 74126301

Property Details

Property Type

Land

Est. Annual Taxes

$9,434

Lot Details

0

Listing Details

  • Assessments: Yes
  • Subdivision Name Other: Covenant Hills Custom Homes
  • Survey: Survey Done
  • View: No
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 74126301
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 26.02

Utilities

  • Electric: Electricity - On Property
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: Yes
  • Lot Size Sq Ft: 11531.00
  • Lot Size Acres: 0.2650

Multi Family

  • Lot Size Area: 11531.0000 Square Feet

Tax Info

  • Tax Area: 82378
  • Tax Lot: 64
  • Tax Tract Number: 15985
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Tenerelli Family Living Trust and Tenerelli Franco Joseph
Bought by
Tenerelli Franco Joseph and Tenerelli Ashley Christina
Current Estimated Value
$1,472,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,395,000
Outstanding Balance
$3,395,000
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
-$1,922,506

Purchase Details

Closed on
Aug 1, 2024
Sold by
Shen Steve Qianghua and Shang Fang
Bought by
Tenerelli Family Living Trust and Tenerelli

Purchase Details

Listed on
Sep 11, 2012
Closed on
Nov 19, 2012
Sold by
Khader Thamier R and Khader Annie R
Bought by
Shen Steve Qianghua and Shang Feng
Seller's Agent
Mary Fan
HomeSmart, Evergreen Realty
Buyer's Agent
Mary Fan
HomeSmart, Evergreen Realty
List Price
$419,999
Sold Price
$300,000
Premium/Discount to List
-$119,999
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
Jan 10, 2009
Sold by
Khader Riad
Bought by
Khader Thamier R and Khader Annie R

Purchase Details

Closed on
Apr 20, 2007
Sold by
Dmb Ladera Llc
Bought by
Khader Riad

Purchase Details

Closed on
Apr 12, 2007
Sold by
Khader Amal Othman
Bought by
Khader Riad
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tenerelli Franco Joseph -- First American Title
Tenerelli Family Living Trust $600,000 First American Title
Shen Steve Qianghua $300,000 Fidelity National Title
Khader Thamier R -- None Available
Khader Riad -- First American Title Co
Khader Riad -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenerelli Franco Joseph $3,395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2012 11/27/12 Sold $300,000 -28.6% --
11/17/2012 11/17/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $419,999 -- --
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 $9,434 $362,180 $362,180 --
2023 $9,292 $355,079 $355,079 $0
2022 $9,437 $348,117 $348,117 $0
2021 $9,295 $341,292 $341,292 $0
2020 $9,187 $337,793 $337,793 $0
2019 $9,238 $331,170 $331,170 $0
2018 $9,201 $324,677 $324,677 $0
2017 $9,275 $318,311 $318,311 $0
2016 $9,274 $312,070 $312,070 $0
2015 $9,112 $307,383 $307,383 $0
2014 $9,347 $301,362 $301,362 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S711509

California Regional Multiple Listing Service (CRMLS)

APN: 741-263-01