NOT LISTED FOR SALE

28 Michael Rd Ladera Ranch, CA 92694

Estimated Value: $2,801,000 - $2,933,000

4 Beds
4.5 Baths
3,506 Sq Ft
$821/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $1,101,000 $314 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $17,317/month

86 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Oso Grande Elementary School Rated A
  • Outdoor Fireplace
  • 1-minute walk to Arroyo Park

About This Home

As of October 2013

This stunning home is within the prestigious gates of Covenant Hills. Built in 2006 the home is nestled along a quiet single-loaded street. You are immediately greeted by the beautiful mosaic tile inlay in the grand foyer. Throughout the home you will find exquisitely detailed mill work from baseboards, wainscoting, door and window casings and beautiful crown molding. The home features a gourmet kitchen with top of the line Bosch stainless steel appliances and designer back splash. The Kitchen is open to the family room with grand fireplace, entertainment center and Dolby surround sound system. The intimate dining room has another grand fireplace and a perfect place for entertaining. The main floor has two bedrooms, the highly sought after main floor master suite is spacious and has a spa tub and large walk-in closet. The upstairs landing is open with plenty of natural light with built-ins for linens and a tech center. Upstairs you will find an oversized great room with beautiful hardwood floors and lots of light, as well as its own covered balcony with a ceiling fan. French doors lead to a garden patio with outdoor fireplace, another set of French doors lead out to the beautifully manicured backyard complete with fountain and BBQ area.

Last Agent to Sell the Property

Shawnna Rogalla

RE Home Source License #01302718 Listed on: 05/28/2013

Co-Listed By

Michael Rogalla

RE Home Source License #00855475

Last Buyer's Agent

Paige McDaniel

Compass License #01755713

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,698

Year Built

  • Built in 2006

Lot Details

  • 8,647 Sq Ft Lot
  • Back Yard

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Loft
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 16473
  • Assessor Parcel Number 74151125

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Jogging Track
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,698

Year Built

Built in 2006

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Montanez (MONT)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74151125
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3506.00
  • Interior Amenities: Built-in Features, Balcony, Crown Molding
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Outside
  • Levels: Two
  • Price Per Square Foot: 314.03
  • Room Type: Family Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Pool Features: Association, Community, Fenced
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Water Source: Public, Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Clubhouse, Jogging Track, Outdoor Cooking Area, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8647.00
  • Lot Size Acres: 0.1990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8647.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 55
  • Tax Tract Number: 16473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2018
Sold by
Perlstein John and Perlstein Meagan Judith
Bought by
Perlstein John and Perlstein Meagan
Current Estimated Value
$2,877,720

Purchase Details

Closed on
May 23, 2016
Sold by
Perlstein John
Bought by
Peristein John and Perlstein Meagan Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2013
Closed on
Aug 26, 2013
Sold by
Nissim William and Nissim Mary Lee
Bought by
Perlstein John
Seller's Agent
Shawnna Rogalla
RE Home Source
Buyer's Agent
Paige McDaniel
Compass
List Price
$1,189,000
Sold Price
$1,101,000
Premium/Discount to List
-$88,000
-7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$686,812
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2010
Sold by
The Bank Of New York Mellon
Bought by
Nissim William and Nissim Mary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Shamrell Kelly
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 1, 2006
Sold by
Lowder Troy
Bought by
Shamrell Kelly

Purchase Details

Closed on
Mar 24, 2006
Sold by
Shamrell Kelly
Bought by
Lowder Troy and Shamrell Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,900
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 24, 2006
Sold by
Centex Homes
Bought by
Shamrell Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,900
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
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
Perlstein John -- None Available
Perlstein John -- None Available
Peristein John -- Fidelity National Title
Perlstein John $1,101,000 First American Title Company
Nissim William $815,000 Chicago Title Company
The Bank Of New York Mellon $1,233,030 Accommodation
Shamrell Kelly -- None Available
Lowder Troy -- None Available
Shamrell Kelly $1,270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peristein John $625,000
Closed Perlstein John $686,812
Previous Owner Nissim William $652,000
Previous Owner Shamrell Kelly $952,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2013 10/07/13 Sold $1,101,000 -4.2% $314 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
06/18/2013 06/18/13 Price Changed $1,149,000 -3.4% $328 / Sq Ft
05/28/2013 05/28/13 For Sale $1,189,000 -- $339 / 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 $20,698 $1,494,760 $596,566 $898,194
2024 $20,698 $1,465,451 $584,868 $880,583
2023 $20,320 $1,436,717 $573,400 $863,317
2022 $20,213 $1,408,547 $562,157 $846,390
2021 $19,886 $1,380,929 $551,134 $829,795
2020 $19,180 $1,323,122 $545,483 $777,639
2019 $18,886 $1,283,610 $534,787 $748,823
2018 $18,358 $1,211,265 $524,301 $686,964
2017 $18,033 $1,162,924 $514,021 $648,903
2016 $17,800 $1,140,122 $503,942 $636,180
2015 $17,847 $1,122,997 $496,373 $626,624
2014 $17,959 $1,101,000 $486,650 $614,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13100528

California Regional Multiple Listing Service (CRMLS)

APN: 741-511-25