NOT LISTED FOR SALE

31 Mercantile Way Ladera Ranch, CA 92694

Estimated Value: $1,300,000 - $1,353,000

4 Beds
2.5 Baths
2,003 Sq Ft
$662/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2018

Last sale price $725,000 $362 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,272 / mo

10 Days on Market

Highlights

  • Heated Pool
  • Clubhouse
  • Mediterranean Architecture
  • Chaparral Elementary School Rated A
  • Property is near park
  • 2-minute walk to Town Green

About This Home

As of July 2018

Beautiful 4 bedroom detached home located in the highly desirable Gables community of Ladera Ranch. Light and bright and walking distance to blue ribbon schools, shopping and community amenites, this home has it all. Family room with fireplace looks out onto the private side patio featuring tailored hardscape, providing the perfect flow for entertaining and opens to the gourmet kitchen that has been accented with custom cabinetry, recessed lighting, stainless steel appliances, walk-in pantry, and center island with breakfast seating. Upstairs features 3 secondary bedrooms with mirrored wardrobes along with the spacious master suite that offers a walk-in closet, dual vanity sinks, large soaking tub, and separate shower. Laundry room is also conveniently located on the second level. Other wonderful upgrades include plantation shutters throughout, upgraded lighting fixtures, separate dining area, and custom leaded glass windows. Garage parking for 2 completes this wonderful upgraded home. Ladera Ranch HOA amenities include high speed internet, award winning schools, pools, clubhouses, tennis, water parks, skate park, community events, and miles of biking & hiking trails. Low tax and Mello Roos. This home is a must see!

Last Agent to Sell the Property

Lorrie White

First Team Real Estate License #01871545 Listed on: 05/18/2018

Co-Listed By

Jeffrey White

First Team Real Estate License #01739535

Last Buyer's Agent

Wayne Chang

Realty One Group West License #01893584

Realty One Group West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2,920 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Zero Lot Line

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Schools

  • Chaparral Elementary School
  • Ladera Ranch Middle School
  • Tesoro High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 15888
  • Assessor Parcel Number 75936205

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

2,920 Sq Ft Lot

HOA Fees

$256 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: The Gables (GABL)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75936205
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2003.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Corian Counters, Pantry, Recessed Lighting, Storage, Wired for Data
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 361.96
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Corian Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Slab
  • Pool Features: Association, Heated
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, 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, Hiking Trails, Clubhouse, Meeting Room, Dues Paid Monthly
  • Association Fee: 256.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Chaparral
  • High School: Tesoro
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: CHAPAR2
  • High School2: TESERO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Level, Park Nearby, Sprinkler System, Zero Lot Line
  • Lot Size Sq Ft: 2920.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.57
  • Tax Lot: 50
  • Tax Tract Number: 15888

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Bought by
Current Estimated Value
$1,326,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,000
Outstanding Balance
$800,145
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$525,888

Purchase Details

Listed on
May 18, 2018
Closed on
May 30, 2018
Sold by
Bought by
Seller's Agent
Lorrie White
First Team Real Estate
Buyer's Agent
Wayne Chang
Realty One Group West
List Price
$719,000
Sold Price
$725,000
Premium/Discount to List
$6,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$580,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,700
Interest Rate
6.84%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,310,000 Lawyers Title Company
$725,000 Western Resources Title Co
$370,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $807,000
Previous Owner $580,000
Previous Owner $295,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $725,000 +0.8% $362 / Sq Ft
05/29/2018 05/29/18 For Sale $719,000 -0.8% $359 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/24/2018 05/24/18 Off Market $725,000 -- --
05/18/2018 05/18/18 For Sale $719,000 -- $359 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,250 $808,749 $565,733 $243,016
2024 $10,250 $792,892 $554,641 $238,251
2023 $10,087 $777,346 $543,766 $233,580
2022 $9,930 $762,104 $533,104 $229,000
2021 $9,784 $747,161 $522,651 $224,510
2020 $9,651 $739,500 $517,292 $222,208
2019 $9,758 $725,000 $507,149 $217,851
2018 $7,174 $480,383 $283,785 $196,598
2017 $7,248 $470,964 $278,220 $192,744
2016 $7,177 $461,730 $272,765 $188,965
2015 $7,247 $454,795 $268,668 $186,127
2014 $7,295 $445,887 $263,405 $182,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18115988

California Regional Multiple Listing Service (CRMLS)

APN: 759-362-05

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