NOT LISTED FOR SALE

Estimated Value: $2,070,000 - $2,830,000

5 Beds
5.5 Baths
3,841 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2022

Last sale price $1,968,000 $512 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,261 / mo

3 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Spa
  • Oso Grande Elementary School Rated A
  • Home Theater
  • 2-minute walk to Arroyo Park

About This Home

As of October 2022

Welcome to 3 Eric Street in Ladera Ranch. This gorgeous view home is set within the exclusive, guard-gated enclave of Covenant Hills—one of Ladera Ranch’s most coveted communities. Ideally situated on a quiet cul-de-sac, the property enjoys sweeping views over Arroyo Park and surrounding natural open space. Located in the desirable Montanez neighborhood, this stately Colonial-style residence offers 5 en-suite bedrooms (including a junior suite on the main level), 5.5 baths, a spacious bonus room, a dedicated home office, and a 2-car garage with additional storage. Step inside to discover designer interiors accented with custom millwork, neutral color palettes, and abundant natural light. The dramatic living room sets an elegant tone, while carefully selected upgrades—including crown molding, surround sound, and upgraded lighting—enhance the home throughout. The formal dining room comfortably seats 10–12 guests and opens through French doors to a private courtyard, perfect for alfresco entertaining. At the heart of the home is a gourmet kitchen featuring granite countertops, a generous island with breakfast bar seating, and top-of-the-line stainless steel appliances. The dine-in kitchen flows seamlessly into the inviting family room, highlighted by a striking fireplace and custom built-ins. Upstairs, a large bonus room offers a flexible space ideal for a playroom, home theater, or dedicated homework area. The luxurious primary suite includes a private balcony with views, ample space for a sitting area, and a spa-inspired bath with soaking tub, separate shower, and an oversized walk-in closet. Residents of Covenant Hills and Ladera Ranch enjoy exceptional community amenities, including four beautiful clubhouses, multiple pools, parks, biking and hiking trails, playgrounds, and access to award-winning schools. Ladera Ranch is known for its stunning architecture, small-town charm, and proximity to the best of Orange County

Last Agent to Sell the Property

Paula Aragone

First Team Real Estate License #01364746 Listed on: 09/17/2022

First Team Real Estate

Last Buyer's Agent

ELAINE ZHAO

Pinnacle Real Estate Group License #02034948

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 7,525 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Turnkey
  • Planned Development
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,841 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • Adaptable For Elevator
  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Front Porch

Location

  • Property is near park

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Juan Hills High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 16473
  • Assessor Parcel Number 74151104

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • Montanez Subdivision
  • Mountainous Community

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

7,525 Sq Ft Lot

HOA Fees

$538 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Montanez (MONT)
  • View: Yes
  • Architectural Style: Colonial
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74151104
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3841.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, Adaptable For Elevator
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Family Kitchen
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 512.37
  • Room Type: Bonus Room, Den, Family Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Media Room, Office, Separate Family Room, Two Masters, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Granite Counters, Main Floor Full Bath, Soaking Tub, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Park/Greenbelt
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse, Guard, Security
  • Association Fee: 538.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Dog Park, Hiking, Mountainous
  • Association Management: LARMAC

Schools

  • Elementary School: Oso Grande
  • High School: San Juan Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SAJUHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Level with Street, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 7525.00
  • Lot Size Acres: 0.1728

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7525.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 35
  • Tax Tract Number: 16473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2025
Sold by
Lyu Qipeng and Chen Ye
Bought by
Crownstone Family Trust and Lyu
Current Estimated Value
$2,511,805

Purchase Details

Listed on
Sep 17, 2022
Closed on
Sep 23, 2022
Sold by
Carola Kozma Cherief 2020 Trust
Bought by
Lyu Qipeng and Chen Ye
Seller's Agent
Paula Aragone
First Team Real Estate
Buyer's Agent
ELAINE ZHAO
Pinnacle Real Estate Group
List Price
$1,975,000
Sold Price
$1,968,000
Premium/Discount to List
-$7,000
-0.35%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,180,800
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2020
Sold by
Cherief Carola Kozma
Bought by
Cherief Carola Kozma and Carola Kozma Cherief 2020 Trus

Purchase Details

Closed on
Oct 28, 2008
Sold by
Cherief Rachid Archibald and Cherief Carola Kozma
Bought by
Cherief Archibald and Cherief Carola Kozma

Purchase Details

Closed on
Mar 16, 2006
Sold by
Centex Homes
Bought by
Cherief Rachid Archibald and Cherief Carola Kozma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,300
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crownstone Family Trust -- None Listed On Document
Lyu Qipeng $1,968,000 Chicago Title
Cherief Carola Kozma -- None Available
Cherief Archibald -- Accommodation
Cherief Rachid Archibald $1,322,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyu Qipeng $1,180,800
Previous Owner Cherief Rachid Archibald $150,000
Previous Owner Cherief Rachid Archibald $991,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 Price Changed $9,500 -5.0% $2 / Sq Ft
12/04/2025 12/04/25 For Rent $10,000 0.0% --
10/17/2022 10/17/22 Sold $1,968,000 -0.4% $512 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $1,975,000 -- $514 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,346 $2,047,507 $1,180,893 $866,614
2024 $26,346 $2,007,360 $1,157,738 $849,622
2023 $25,850 $1,968,000 $1,135,037 $832,963
2022 $20,863 $1,480,489 $518,962 $961,527
2021 $20,521 $1,451,460 $508,786 $942,674
2020 $20,399 $1,451,460 $508,786 $942,674
2019 $20,282 $1,423,000 $498,810 $924,190
2018 $19,614 $1,341,300 $435,469 $905,831
2017 $19,486 $1,315,000 $426,930 $888,070
2016 $19,672 $1,315,000 $426,930 $888,070
2015 $19,245 $1,236,000 $513,150 $722,850
2014 $18,125 $1,107,150 $384,300 $722,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22203313

California Regional Multiple Listing Service (CRMLS)

APN: 741-511-04

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