NOT LISTED FOR SALE

25 Mercantile Way Ladera Ranch, CA 92694

Estimated Value: $1,242,000 - $1,301,000

4 Beds
2.5 Baths
1,867 Sq Ft
$679/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $638,000 $342 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,965/month

36 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Loft
  • Chaparral Elementary School Rated A
  • Clubhouse
  • 3-minute walk to Town Green

About This Home

As of November 2016

Fabulous Single Family Detached Home Near the Shops, Restaurants and Town Green in Ladera Ranch. Great Curb Appeal, Comfortable Porch, Plenty of Yard Space and Loads of Natural Light at this approx 1850 Sqft Beauty. Enjoy 3 Spacious Bedrooms & an Open Loft/Optional 4th Bedroom Upstairs. Charming Family Room w/ Fireplace open to Dining Area, Granite Kitchen, Complete w/ Newer Stainless Appliances, Fixtures, Sink, and Cozy Breakfast Nook. Move Right In w/ These Designer Finishes: Upgraded Tile Floors Downstairs, Newer Laminate Wood Floors Up, Plantation Shutters, Granite Kitchen, SS Appliances, Cozy Fireplace, Newer Powder Room. Generous Master Bedroom, Separate Tub and Shower and Walk-in Closet, Open Loft, 2 Additional Bedroom's, Laundry and 2 Car Attached Garage. Don't Miss This Opportunity to Embrace a Rare Lifestyle in One of OC's Premier Neighborhoods Full of Parks, Hiking Trails & Resort Like Pools and Clubhouses.

Last Agent to Sell the Property

Timothy Wolter

Ladera Realty License #01384317 Listed on: 09/07/2016

Last Buyer's Agent

Brill Paet

HomeVest Properties License #01168759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,494

Year Built

  • Built in 2002

Lot Details

  • 2,743 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence
  • Private Yard

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Planned Development
  • Tile Roof

Interior Spaces

  • 1,867 Sq Ft Home
  • Recessed Lighting
  • Plantation Shutters
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 15888
  • Assessor Parcel Number 75936203

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,494

Year Built

Built in 2002

Lot Details

0

HOA Fees

$232 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: The Gables (GABL)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75936203
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1867.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 341.72
  • Room Type: All Bedrooms Up, Loft, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Plantation Shutters

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Banquet Facilities, Clubhouse, Hiking Trails, Outdoor Cooking Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 232.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Planned Unit Development, Yard
  • Lot Size Sq Ft: 2743.00
  • Price Per Lot Square Foot: 236.93

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 15888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 13, 2016
Sold by
Colon Edward and Colon Jo Ann
Bought by
Rosete Michael and Rosete Joy
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Brill Paet
HomeVest Properties
List Price
$649,900
Sold Price
$638,000
Premium/Discount to List
-$11,900
-1.83%
Current Estimated Value
$1,267,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,810
Avg. Annual Appreciation
8.02%
Original Mortgage
$626,271
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2002
Sold by
K Hovnanian At The Gables Llc
Bought by
Colon Edward and Colon Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,900
Interest Rate
6.84%
Source: Public Records

Range of Values:

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Average Value
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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
Rosete Michael $638,000 Chicago Title Company
Colon Edward $341,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosete Michael $101,300
Open Rosete Michael $626,400
Closed Rosete Micnae $612,000
Closed Rosete Michael $627,000
Closed Rosete Michael $626,271
Previous Owner Colon Edward $35,100
Previous Owner Colon Edward $385,000
Previous Owner Colon Edward $360,000
Previous Owner Colon Edward $45,000
Previous Owner Colon Edward $30,000
Previous Owner Colon Edward $15,000
Previous Owner Colon Edward $272,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $638,000 +0.5% $342 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $634,990 -2.3% $340 / Sq Ft
09/07/2016 09/07/16 For Sale $649,900 -- $348 / 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 $9,494 $740,450 $516,420 $224,030
2024 $9,494 $725,932 $506,294 $219,638
2023 $9,345 $711,699 $496,367 $215,332
2022 $9,200 $697,745 $486,635 $211,110
2021 $9,067 $684,064 $477,093 $206,971
2020 $8,944 $677,050 $472,201 $204,849
2019 $9,041 $663,775 $462,942 $200,833
2018 $8,975 $650,760 $453,864 $196,896
2017 $9,055 $638,000 $444,964 $193,036
2016 $6,710 $426,165 $244,904 $181,261
2015 $6,779 $419,764 $241,225 $178,539
2014 $6,823 $411,542 $236,500 $175,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16196512

California Regional Multiple Listing Service (CRMLS)

APN: 759-362-03