Seller's Agent in 2022
Kimia Vakili
Coldwell Banker Realty
(949) 812-8913
9 in this area
43 Total Sales
2 La Riata Rd Mission Viejo, CA 92694
Estimated Value: $3,415,000 - $3,853,000
4
Beds
4.5
Baths
4,225
Sq Ft
$868/Sq Ft
Est. Value
Highlights
- 24-Hour Security
- Home Theater
- Primary Bedroom Suite
- Oso Grande Elementary School Rated A
- Cabana
- City Lights View
About This Home
As of June 2022Welcome home to 2 La Riata, the entertainer's ideal paradise! A very rare find, this exceptional estate is apart of the coveted “Warmington Legacy Collection” of Covenant Hills. This home sits on a massive parcel with triple value advantages; private corner lot, beautiful sunset views, and unique cul-de-sac location. Situated on an upscale, prestigious street within Covenant Hills, this property is truly the epitome of privacy, seclusion, and luxury all in one. Upon entry you will find a comfortable and practical in-law floor plan with grandiose outdoor space. Built by renowned builder, Warmington Homes, this property boasts high-end, quality finishes including paver flooring, crown and base molding, plantation shutters, disappearing French doors, shiplap and open beam ceilings, and a video surveillance system. This home has it all - An enormous chef’s kitchen with ample prep and entertaining space, an oversized granite island with bar seating, professional Thermador appliances, and unobstructed sight lines from the family room to the backyard. Entering the living room, you will find dramatic wood beams crowning over with two entire walls of disappearing pocket sliding doors. Main level living boasts two ensuite bedrooms and an additional ensuite bedroom on the upper level. The main level master suite includes sliding French doors with direct access to the backyard patio, a walk-in-closet, sunken tub, and stone counters. The upper level massive bonus room is equipped with a built-in wet bar, wine cooler, and ample amount of storage space. The backyard showcases the perfect vista from the inner courtyard with a large fire pit, cabana with TV, well-appointed outdoor kitchen, and Pentair pool/spa system with captivating water features. Bring your family together to enjoy priceless staycations in your own luxe resort where your will enjoy the spacious outdoor patio, large pool, therapeutic jacuzzi, tanning deck, huge side-yard with grass, and not to forget the endless California sunsets. In addition to the area’s diverse parks and hiking trails, Covenant Hills residents have access to multiple tennis courts, basketball courts, dog parks, skate park, several clubhouses, picnic areas, pools, and a water park. The perfect family home awaits you!
Last Agent to Sell the Property
Coldwell Banker Realty License #02059668 Listed on: 04/14/2022
Co-Listed By
Nima Vakili
Coldwell Banker Realty License #02153769
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,572
Year Built
- Built in 2013
Lot Details
- 0.34 Acre Lot
- Cul-De-Sac
- Landscaped
- Corner Lot
- Lawn
- Back and Front Yard
HOA Fees
- $473 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Tandem Parking
- Single Garage Door
- Driveway
- Guest Parking
- On-Street Parking
Property Views
- City Lights
- Canyon
- Mountain
- Hills
- Neighborhood
- Courtyard
Home Design
- Spanish Architecture
- Planned Development
- Tile Roof
- Stucco
Interior Spaces
- 4,225 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Wired For Data
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Plantation Shutters
- Roller Shields
- French Doors
- Sliding Doors
- Panel Doors
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Home Theater
- Recreation Room
- Loft
- Bonus Room
- Storage
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Self-Cleaning Convection Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Pots and Pans Drawers
- Self-Closing Cabinet Doors
- Disposal
- Instant Hot Water
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- Retreat
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- No Interior Steps
- More Than Two Accessible Exits
- Accessible Parking
Pool
- Cabana
- In Ground Pool
- In Ground Spa
- Gas Heated Pool
- Waterfall Pool Feature
- Permits for Pool
Outdoor Features
- Covered Patio or Porch
- Fireplace in Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Outdoor Grill
Location
- Property is near a park
Schools
- Oso Grande Elementary School
- Ladera Middle School
- San Juan High School
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 101
- Tax Tract Number 16586
- Assessor Parcel Number 74143311
- $9,761 per year additional tax assessments
Community Details
Overview
- Larmac Association, Phone Number (949) 218-0900
- First Service Residential HOA
- Built by Warmington Residential
- Covenant Hills Custom Homes Subdivision
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
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2020
Closed on
Mar 30, 2020
Sold by
The Kuo Revocable Living Dated January 2
Bought by
The Kuo Revocable Living Trust Dated Jan
Seller's Agent
Robyn Robinson
Compass
Buyer's Agent
Alex Vellandi
Orange County Property Company
List Price
$2,049,800
Sold Price
$1,985,000
Premium/Discount to List
-$64,800
-3.16%
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
$1,658,899
Avg. Annual Appreciation
12.47%
Original Mortgage
$1,588,000
Outstanding Balance
$1,421,929
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,313,983
Purchase Details
Listed on
Jan 22, 2020
Closed on
Feb 20, 2020
Sold by
The Kuo Revocable Living Dated January 2
Bought by
The Kuo Revocable Living Trust Dated Jan
Seller's Agent
Robyn Robinson
Compass
Buyer's Agent
Alex Vellandi
Orange County Property Company
List Price
$2,049,800
Sold Price
$1,985,000
Premium/Discount to List
-$64,800
-3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,588,000
Outstanding Balance
$1,421,929
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,313,983
Purchase Details
Closed on
Feb 10, 2014
Sold by
Warmington Legacy Associates Llc
Bought by
Young Jeffrey K and Young Jane C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,008
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| The Kuo Revocable Living Trust Dated Jan | $1,985,000 | Orange Coast Title | |
| The Kuo Revocable Living Trust Dated Jan | $1,985,000 | Orange Coast Title | |
| Young Jeffrey K | $1,416,500 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Kuo Revocable Living Trust Dated Jan | $1,588,000 | |
| Closed | The Kuo Revocable Living Trust Dated Jan | $1,588,000 | |
| Previous Owner | Young Jane C | $50,000 | |
| Previous Owner | Young Jane C | $1,290,721 | |
| Previous Owner | Young Jeffrey K | $1,287,000 | |
| Previous Owner | Young Jeffrey K | $1,281,875 | |
| Previous Owner | Young Jeffrey K | $1,062,008 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2022 06/09/22 | Sold | $2,900,000 | +5.5% | $686 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $2,750,000 | +38.5% | $651 / Sq Ft |
| 03/30/2020 03/30/20 | Sold | $1,985,000 | -3.2% | $470 / Sq Ft |
| 02/09/2020 02/09/20 | Pending | -- | -- | -- |
| 01/22/2020 01/22/20 | For Sale | $2,049,800 | -- | $485 / 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 |
|---|---|---|---|---|
| 2025 | $40,572 | $3,077,503 | $1,837,495 | $1,240,008 |
| 2024 | $40,572 | $3,017,160 | $1,801,465 | $1,215,695 |
| 2023 | $39,817 | $2,958,000 | $1,766,142 | $1,191,858 |
| 2022 | $30,660 | $2,045,675 | $929,415 | $1,116,260 |
| 2021 | $30,161 | $2,005,564 | $911,191 | $1,094,373 |
| 2020 | $26,469 | $1,665,853 | $639,118 | $1,026,735 |
| 2019 | $26,339 | $1,633,190 | $626,587 | $1,006,603 |
| 2018 | $26,258 | $1,601,167 | $614,301 | $986,866 |
| 2017 | $26,157 | $1,569,772 | $602,256 | $967,516 |
| 2016 | $25,346 | $1,466,326 | $590,447 | $875,879 |
| 2015 | $25,342 | $1,444,301 | $581,578 | $862,723 |
| 2014 | $23,608 | $1,217,098 | $540,442 | $676,656 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller Co-Listing Agent in 2022
Nima Vakili
Coldwell Banker Realty
-
Seller's Agent in 2020
Robyn Robinson
Compass
(949) 295-5676
5 in this area
152 Total Sales
-
Buyer's Agent in 2020
Alex Vellandi
Orange County Property Company
(949) 378-5005
2 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22017130
APN: 741-433-11
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