NOT LISTED FOR SALE

4 San Luis Obispo St Ladera Ranch, CA 92694

Estimated Value: $3,156,000 - $3,853,551

5 Beds
5.5 Baths
4,943 Sq Ft
$721/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $2,550,000 $516 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $22,955/month

91 Days on Market

Highlights

  • 24-Hour Security
  • Pebble Pool Finish
  • Mountain View
  • Oso Grande Elementary School Rated A
  • Updated Kitchen
  • 5-minute walk to Mission Hills Park

About This Home

As of November 2022

Spectacular Spanish style home built by Laing Luxury Homes in the prestigious gated community of Covenant hills. At the center of this private community is the mission inspired Covenant Hills Village Club with tennis, pool, tot-lot & sport court. Parks and amenities run through this prestigious community. The entry of this home welcomes guests with a warm inviting family room. The elegant style is carried through to the family room & formal dining room that opens to a relaxing courtyard with a cozy sitting area, fireplace, and olive trees. The spacious gourmet kitchen is a cook’s delight. Thermadore gas stove and Sub-Zero refrigerator. The kitchen is open to a large great room. Downstairs master bedroom suite. Spacious upstairs loft & bonus room. New professional landscaping. Artificial turf. Lighted planters. The pool has been professionally redone with a pebble tec finish. The patio and pool are ideal for entertaining and relaxing with family. The large bar counter area has plenty of seating at the newly constructed patio area. Many wonderful details. New air conditioning. Fantastic views of the hills. This estate shows pride of ownership and attention to detail.

Last Agent to Sell the Property

Brent Westra

Brent Westra License #01357081 Listed on: 07/25/2022

Last Buyer's Agent

Timothy Wolter

Ladera Realty License #01384317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,861

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Back Yard

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills

Home Design

  • Planned Development
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,943 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Kitchen Island
  • Self-Closing Cabinet Doors

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Pool

  • Pebble Pool Finish
  • Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 15985
  • Assessor Parcel Number 74126235

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Residential HOA
  • Covenant Hills Custom Homes Subdivision

Amenities

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

Recreation

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

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,861

Year Built

Built in 2005

Lot Details

0

HOA Fees

$538 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74126235
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4943.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 515.88
  • Room Type: Family Room, Formal Entry, Great Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Private, Association, Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Jetted Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • View: Hills, Mountain(s)
  • Pool Features: Private, Association, Community, Pebble, Waterfall
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Oven, Gas Range, Gas Cooktop
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 538.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 9492180900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Gutters, Park
  • Association Management: First Service Residential

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped
  • Lot Size Sq Ft: 11805.00
  • Lot Size Acres: 0.2710

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11805.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 38
  • Tax Tract: 15985
  • Tax Tract Number: 15985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Oct 24, 2022
Sold by
Lanting Community Property Trust
Bought by
Patel Mrugesh B and Kamath Shona Abha
Seller's Agent
Brent Westra
Brent Westra
Buyer's Agent
Timothy Wolter
Ladera Realty
List Price
$3,499,000
Sold Price
$2,550,000
Premium/Discount to List
-$949,000
-27.12%
Views
12
Current Estimated Value
$3,563,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,138
Avg. Annual Appreciation
10.34%
Original Mortgage
$1,750,000
Outstanding Balance
$1,679,127
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,653,043

Purchase Details

Closed on
Mar 22, 2021
Sold by
Lanting Curtis and Lanting Lisa
Bought by
Lanting Curtis J and Lanting Lisa L

Purchase Details

Listed on
Jan 25, 2018
Closed on
Apr 20, 2018
Sold by
Sirva Relocation Credit Llc
Bought by
Lanting Curtis and Lanting Lisa
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Mark Paulson
Berkshire Hathaway HomeService
List Price
$1,949,900
Sold Price
$1,925,000
Premium/Discount to List
-$24,900
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Bass Kevin L and Bass Kelley J
Bought by
Sirva Relocation Credit Llc

Purchase Details

Listed on
Dec 24, 2014
Closed on
Jan 21, 2015
Sold by
Dieckhoff Erik J and Dieckhoff Michelle M
Bought by
Bass Kevin L and Bass Kelley J
Seller's Agent
Joseph Rangel
Dream Home Banker Real Estate
Buyer's Agent
Linda Hitt
Keller Williams Realty
List Price
$1,760,000
Sold Price
$1,760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$1,408,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2010
Sold by
Rasic Franky Anthony
Bought by
Dieckhoff Erik J and Dieckhoff Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2006
Sold by
Rasic Maja
Bought by
Rasic Franky Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,026,430
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Wl Homes Llc
Bought by
Rasic Franky Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,652
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Patel Mrugesh B $2,550,000 First American Title
Lanting Curtis J -- None Available
Lanting Curtis $1,925,000 Stewart Title Of California
Sirva Relocation Credit Llc $1,925,000 Stewart Title Of California
Bass Kevin L $1,760,000 First American Title Company
Dieckhoff Erik J $1,350,000 Chicago Title Company
Rasic Franky Anthony -- Fidelity National Title Co
Rasic Franky Anthony $2,533,500 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mrugesh B $1,750,000
Previous Owner Bass Kevin L $1,408,000
Previous Owner Dieckhoff Erik J $350,000
Previous Owner Rasic Franky Anthony $250,000
Previous Owner Rasic Franky Anthony $2,026,430
Previous Owner Rasic Franky Anthony $126,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $2,550,000 -5.1% $516 / Sq Ft
09/26/2022 09/26/22 Price Changed $2,688,000 -10.4% $544 / Sq Ft
09/21/2022 09/21/22 Price Changed $2,999,000 -3.3% $607 / Sq Ft
09/20/2022 09/20/22 Price Changed $3,100,000 +3.4% $627 / Sq Ft
09/20/2022 09/20/22 Price Changed $2,999,000 -6.3% $607 / Sq Ft
08/31/2022 08/31/22 Price Changed $3,199,000 -8.6% $647 / Sq Ft
07/25/2022 07/25/22 For Sale $3,499,000 +81.8% $708 / Sq Ft
05/11/2018 05/11/18 Sold $1,925,000 -1.3% $389 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $1,949,900 +10.8% $394 / Sq Ft
02/17/2015 02/17/15 Sold $1,760,000 0.0% $359 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
12/24/2014 12/24/14 For Sale $1,760,000 -- $359 / 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
2024 $32,861 $2,601,000 $1,201,150 $1,399,850
2023 $32,224 $2,550,000 $1,177,598 $1,372,402
2022 $27,502 $2,063,988 $835,441 $1,228,547
2021 $27,046 $2,023,518 $819,060 $1,204,458
2020 $26,703 $2,002,770 $810,662 $1,192,108
2019 $26,611 $1,963,500 $794,766 $1,168,734
2018 $25,750 $1,859,027 $725,142 $1,133,885
2017 $25,598 $1,822,576 $710,924 $1,111,652
2016 $25,456 $1,786,840 $696,985 $1,089,855
2015 $21,781 $1,439,106 $363,005 $1,076,101
2014 $21,837 $1,410,916 $355,894 $1,055,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22163392

California Regional Multiple Listing Service (CRMLS)

APN: 741-262-35