NOT LISTED FOR SALE

Estimated Value: $1,114,000 - $1,673,809

0.41 Acre
$3,385,593 Price per Acre
17,742 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $1,000,000

Est. 38% increase in value since last sale

Current estimated payment $9,289/month

117 Days on Market

Highlights

  • Mountain View
  • Oso Grande Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of April 2019

Rare 17,750 sq. ft. lot with SUNSET views located in the sought after guard gated community of Covenant Hills in Ladera Ranch. The lot is located in the Custom home neighborhood on a small single loaded cul-de-sac perched over the valley with west facing views. Approved plans are available for a 8000 sq ft. home that features 1500 sq. ft of covered outdoor living and full landscape design with pool and spa. This parcel is a combined lot which could be separated back to two individual lots sized at 8929 and 8813 sq. ft. Please contact listing agent for additional details.

Last Agent to Sell the Property

Carissa Fetters

Veranda Realty License #01526457 Listed on: 10/10/2018

Last Buyer's Agent

Timothy Wolter

Ladera Realty License #01384317

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,283

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1

Property Views

  • Mountain
  • Hills
  • Valley

Utilities

  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 74143251

Community Details

Overview

  • Property has a Home Owners Association
  • Larmac Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$19,283

Lot Details

0

Listing Details

  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 74143251
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 56.36

Exterior Features

  • View: Hills, Mountain(s), Valley

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 17742.00
  • Lot Size Acres: 0.4073
  • Latitude Manual: 33.53435200

Multi Family

  • Lot Size Area: 17742.0000 Square Feet

Tax Info

  • Tax Census Tract: 320.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Hakes Ben and Hakes Callie
Bought by
Hakes Living Trust and Hakes
Current Estimated Value
$1,378,952

Purchase Details

Listed on
Oct 10, 2018
Closed on
Mar 26, 2019
Sold by
The Brus Family Trust
Bought by
Hakes Ben and Hakes Callie
Seller's Agent
Carissa Fetters
Veranda Realty
Buyer's Agent
Timothy Wolter
Ladera Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 25, 2016
Sold by
Dmb Ladera Llc
Bought by
The Brus Family Trust
Seller's Agent
Mary Kontra
Surterre Properties Inc.
Buyer's Agent
Deborah Tangeman
Bullock Russell RE Services
List Price
$537,500
Sold Price
$450,000
Premium/Discount to List
-$87,500
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.38%
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
Hakes Living Trust -- None Listed On Document
Hakes Ben $1,000,000 Chicago Title Company
The Brus Family Trust $450,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $1,000,000 -9.1% --
02/04/2019 02/04/19 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,100,000 +144.4% --
03/08/2016 03/08/16 Sold $450,000 -16.3% --
02/25/2016 02/25/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $537,500 -- --
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 $19,283 $1,093,645 $1,093,645 --
2023 $18,961 $1,072,201 $1,072,201 $0
2022 $19,073 $1,051,178 $1,051,178 $0
2021 $18,772 $1,030,567 $1,030,567 $0
2020 $18,579 $1,020,000 $1,020,000 $0
2019 $18,308 $955,087 $955,087 $0
2018 $18,168 $936,360 $936,360 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18246603

California Regional Multiple Listing Service (CRMLS)

APN: 741-432-51