NOT LISTED FOR SALE

20 Formero St Ladera Ranch, CA 92694

Estimated Value: $2,599,000 - $2,777,000

5 Beds
5.5 Baths
3,943 Sq Ft
$691/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,670,000 $424 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,787/month

50 Days on Market

Highlights

  • Saltwater Pool
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Esencia Rated A
  • Open Floorplan
  • Loft

About This Home

As of December 2020

Rancho Mission Viejo’s premier residence that captures the richness of the community, the Hilltop at Escencia. This exquisitely remodeled home with approx. $400,000 in upgrades is a Restoration Hardware-inspired masterpiece blending elements of chic comfort with resort living.The sweeping open floor plan has a inviting game room with a custom bar. Off the courtyard you will find a luxurious Casita which enjoys a outdoor frpl & lounge area & is perfect for in-laws. Spacious bright living room with a gorgeous custom wood panel wall featuring a fireplace & opening to the backyard that are perfect for indoor-outdoor entertaining. The chef’s kitchen features a polished oversized one of a kind marble island, custom tile backsplash, top-of-the line appliances & blends into the dining area with custom builtins. A oversized master suite with his & hers walk in closets & dual vanities. 3 additional bedrooms, loft area & Laundry room to round out the second level.The backyard is an entertainer’s paradise, a Custom California room, a custom outdoor kitchen, 42” BBQ, built in smoker, rotisserie & bar seating. The California room has a 106” outdoor projector & 5 heaters. Enjoy your outdoor entertaining with natural stone salt water pool with 2 grottos, stone fountain and firepit. A 3-car garage with Epoxy floors, custom cabinets & racks. Gorgeous home is upgraded with Owned solar system, security cameras, Plantation Shutters, upgraded flooring, designer light fixtures complete the picture!

Last Agent to Sell the Property

Rana Madain

Compass License #01370860 Listed on: 10/12/2020

Compass

Last Buyer's Agent

Jennifer James

Cali Dream Homes License #02049418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,850

Year Built

  • Built in 2016

Lot Details

  • 7,667 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Planned Development
  • Interior Block Wall

Interior Spaces

  • 3,943 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Chair Railings
  • Wainscoting
  • High Ceiling
  • Double Pane Windows
  • Shutters
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Courtyard Views

Kitchen

  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Saltwater Pool
  • Outdoor Fireplace

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 17572
  • Assessor Parcel Number 75542127

Community Details

Overview

  • Rancho Mmc Association, Phone Number (949) 625-6500
  • Mmc HOA
  • Aubergine Subdivision

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,850

Year Built

Built in 2016

Lot Details

0

HOA Fees

$234 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Aubergine (ESAUBE)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75542127
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3943.00 Square Feet
  • Interior Amenities: Block Walls, Chair Railings, Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Pantry, Wainscoting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 423.54
  • Room Type: Formal Entry, Foyer, Great Room, Laundry, Loft, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Soaking Tub, Stone Counters, Walk-In Shower

Exterior Features

  • View: Courtyard
  • Pool Features: Private, Association, Community, Salt Water
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Solar, Fireplace(s)
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Sport Court, Card Room, Banquet Facilities, Recreation Room, Meeting Room
  • Association Fee: 234.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho MMC
  • Phone: 949-625-6500
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Dog Park, Sidewalks
  • Association Management: MMC

Schools

  • School District: Capistrano Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7667.00
  • Lot Size Acres: 0.1760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7667.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 58
  • Tax Tract Number: 17572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 4, 2020
Sold by
Zaffarkhan Khyber and Zaffarkhan Tanya
Bought by
Miller Linda E and Miller James Jennifer
Seller's Agent
Rana Madain
Compass
Buyer's Agent
Jennifer James
Cali Dream Homes
List Price
$1,748,000
Sold Price
$1,670,000
Premium/Discount to List
-$78,000
-4.46%
Current Estimated Value
$2,611,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,940
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Aug 16, 2018
Sold by
Meritage Homes Of California Inc
Bought by
Rivera Marta Akiko and The B Trust Of The Fumiko A Rivera Livin

Purchase Details

Closed on
Nov 22, 2017
Sold by
Zaffarkhan Khyber
Bought by
Zaffwarkhan Khyber and Zaffwarkhan Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Tri Pointe Homes Inc
Bought by
Zaffarkhan Khyber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Miller Linda E $1,670,000 Chicago Title Company
Rivera Marta Akiko $712,500 First American Title Company
Zaffwarkhan Khyber -- None Available
Zaffarkhan Khyber $1,172,000 First American Title Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaffwarkhan Khyber $857,500
Previous Owner Zaffarkhan Khyber $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,670,000 -4.5% $424 / Sq Ft
10/12/2020 10/12/20 For Sale $1,748,000 -- $443 / 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 $27,850 $1,807,661 $724,338 $1,083,323
2024 $27,850 $1,772,217 $710,135 $1,062,082
2023 $27,414 $1,737,468 $696,211 $1,041,257
2022 $26,937 $1,703,400 $682,559 $1,020,841
2021 $26,573 $1,670,000 $669,175 $1,000,825
2020 $22,865 $1,316,195 $380,165 $936,030
2019 $23,025 $1,290,388 $372,711 $917,677
2018 $22,371 $1,227,875 $365,403 $862,472
2017 $22,346 $1,171,570 $376,179 $795,391
2016 $15,021 $494,549 $494,549 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20207538

California Regional Multiple Listing Service (CRMLS)

APN: 755-421-27