$800,000
SOLD JUN 30, 2017

32 Michael Rd Ladera Ranch, CA 92694

5 Beds
5.5 Baths
3,858 Sq Ft
8,149 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

16% Below List Price

Highlights

  • 24-Hour Security
  • Mountain View
  • Double Pane Windows
  • Oso Grande Elementary School Rated A
  • Granite Countertops
  • 1-minute walk to Arroyo Park

About This Home

As of July 2018

5 bedrooms, 5 baths, over 3800 sq. ft. per Assessor's Records. Needs upgrades and repairs.

Last Agent to Sell the Property

Habashi Habashi

No Firm Affiliation License #00932838 Listed on: 03/28/2016

Last Buyer's Agent

Georgina Ghazarian

JohnHart Real Estate License #01738111

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,210

Year Built

  • Built in 2006

Lot Details

  • 8,149 Sq Ft Lot
  • Brick Fence
  • Level Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Interior Block Wall
  • Shingle Roof
  • Tile Roof

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 16473
  • Assessor Parcel Number 74151123

Community Details

Overview

  • Valley

Additional Features

  • Laundry Facilities
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,210

Year Built

Built in 2006

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Ext: 217
  • Other Phone Number: 818-841-0330
  • Property Attached: No
  • Security: 24 Hour Security
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74151123
  • Year Built: 2006
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 3858.00 Square Feet
  • Interior Amenities: Built-in Features, Block Walls, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 207.36
  • Room Type: Living Room
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Roof: Shingle, Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Baseboard, Central, Fireplace(s), Natural Gas
  • Laundry Features: Common Area, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Level with Street, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8149.00
  • Price Per Lot Square Foot: 116.58

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 16473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 11, 2018
Sold by
Ofek Holdings Lp
Bought by
Mclane Joshua Ryan and Mclane Kiera N
Seller's Agent
Georgina Ghazarian
Beverly and Company, Inc.
Buyer's Agent
Heather Tuck
Compass
List Price
$1,399,000
Sold Price
$1,262,000
Premium/Discount to List
-$137,000
-9.79%
Current Estimated Value
$2,672,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,410,123
Avg. Annual Appreciation
10.92%
Original Mortgage
$1,072,700
Outstanding Balance
$929,783
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,742,340

Purchase Details

Closed on
Sep 1, 2017
Sold by
Lewis Sylvia L and Camacho Danielle Nicole
Bought by
Lewis Sylvia L

Purchase Details

Closed on
Aug 30, 2017
Sold by
Lewis Sylvia L and Canacho Alfred
Bought by
Ofek Holdings Lp

Purchase Details

Closed on
Sep 17, 2007
Sold by
Boyd Sylvia L
Bought by
Boyd Sylvia L and Camacho Alfred

Purchase Details

Closed on
Jun 27, 2006
Sold by
Lewis Gordon
Bought by
Boyd Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,450
Interest Rate
6.55%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 15, 2006
Sold by
Centex Homes
Bought by
Boyd Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,450
Interest Rate
6.55%
Mortgage Type
Negative Amortization
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 Type Sale Price Title Company
Grant Deed -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Grant Deed $824,000 Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commerce Title Company
Grant Deed $1,317,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,072,700 New Conventional
Previous Owner $987,450 Negative Amortization
Previous Owner $197,450 Credit Line Revolving
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $1,262,000 -9.8% $327 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $1,399,000 +74.9% $363 / Sq Ft
06/30/2017 06/30/17 Sold $800,000 -15.8% $207 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $950,000 -- $246 / 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 $20,210 $1,455,457 $555,093 $900,364
2024 $20,210 $1,426,919 $544,209 $882,710
2023 $19,841 $1,398,941 $533,539 $865,402
2022 $19,720 $1,369,264 $523,077 $846,187
2021 $19,050 $1,300,575 $512,821 $787,754
2020 $18,793 $1,287,240 $507,563 $779,677
2019 $18,709 $1,262,000 $497,610 $764,390
2018 $18,299 $1,200,000 $503,052 $696,948
2017 $21,475 $1,496,000 $592,473 $903,527
2016 $21,674 $1,496,000 $592,473 $903,527
2015 $19,595 $1,281,000 $461,548 $819,452
2014 $18,069 $1,118,040 $298,588 $819,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16064336

California Regional Multiple Listing Service (CRMLS)

APN: 741-511-23