$525,000
SOLD AUG 31, 2018

42 Palladium Ln Unit 81 Ladera Ranch, CA 92694

2 Beds
2.5 Baths
1,578 Sq Ft
$361/mo HOA Fee

Recently Sold

$333 Per Sq Ft

2% Below List Price

30 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Corner Lot
  • Oso Grande Elementary School Rated A
  • Bamboo Flooring
  • 3-minute walk to Boreal Plunge Park

About This Home

As of December 2021

Former Model Home with a VIEW! This Sutters Mill Beauty is an incredible Hidden Gem. Two Master Suites with their own en suite private baths. End Unit location with dual balconies plus a large front private patio. Located in the desirable Terramor Village, this home faces the neighborhood pool and park. Very rare, this home features its own two-car driveway plus an attached two car garage. This tri-level home boasts plantation shutters throughout, bamboo flooring, stainless steel appliances, stone counter tops with designer backsplash, a built in media cabinet and a gas fireplace in the family room. This home is perfect for those who enjoy their privacy. The top level features a private bedroom with its own private bath with dual sinks plus a private balcony. The master suite is conveniently located on the second level and features a spa like master bathroom with dual vanities, a separate tub, and large shower. Enjoy the amenities that Ladera Ranch has to offer- 13 pools, multiple neighborhood parks and plunges and award winning schools. Very rare and unique- this is one of the few condos in Ladera Ranch that offers dual master suites with private balconies plus private bathrooms, a two car driveway and located across from the neighborhood Pool and Park. Ideal home with an ideal location- View of neighborhood pool and park! Spacious design with almost 1,600 sqft of living space and lots of windows throughout!

Last Agent to Sell the Property

Angelica Richardson

First Team Real Estate License #01896924 Listed on: 07/06/2018

First Team Real Estate

Last Buyer's Agent

Patrick Hourigan

Nationwide Realty License #01136985

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 2005

Lot Details

  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Property Views

  • Pool
  • Neighborhood

Interior Spaces

  • 1,578 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16341
  • Assessor Parcel Number 93904846

Community Details

Overview

  • 152 Units
  • Larcs Association, Phone Number (949) 448-6000

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,752

Year Built

Built in 2005

Lot Details

0

HOA Fees

$361 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Sutter's Mill (SUTM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93904846
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1578.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Recessed Lighting, Wired for Data
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 332.70
  • Room Type: All Bedrooms Up, Living Room, Master Suite
  • Spa Features: Association
  • Window Features: Plantation Shutters

Exterior Features

  • View: Neighborhood, Pool
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Dues Paid Monthly
  • Association Fee: 163.00
  • Association #2 Fee: 198.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: LARCS
  • Phone: 9494486000
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Oso Grande
  • Middle School: Ladera Ranch
  • High School: San Juan Hills
  • 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: Corner Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 152
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 2
  • Tax Tract Number: 16341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Nov 19, 2021
Sold by
Mccall Dewitt C and Dcmiv Trust
Bought by
Albay Ricardo and Albay Gabriela
Seller's Agent
Kathy Wren
Seven Gables Real Estate
Buyer's Agent
Christian Stubbs II
Onyx Homes
List Price
$669,000
Sold Price
$690,000
Premium/Discount to List
$21,000
3.14%
Current Estimated Value
$843,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,357
Original Mortgage
$655,500
Outstanding Balance
$608,896
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mccall Dewitt C
Bought by
Mccall Dewitt C and Dcmiv Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,518
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2020
Sold by
Mccall Dewitt C
Bought by
Mccall Dewitt C and Demiv Trust

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 7, 2018
Sold by
Nair Premaja Devi Renuka Thulasidharan and Kristhnankutty Ajith Rema
Bought by
Mccall Dewitt C
Seller's Agent
Angelica Richardson
First Team Real Estate
Buyer's Agent
Patrick Hourigan
Nationwide Realty
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Krishnankutty Ajit Rema and Nair Renuka Thulasidharan
Bought by
Premja Devi Renuka Thulasidharan Nair and Krishnankutty Ajith Rema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,356
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2013
Closed on
Nov 25, 2013
Sold by
Mortensen Sarah
Bought by
Mortensen William E
Seller's Agent
John Seymour
Real Pros Realty
Buyer's Agent
Jarod Chase
Jarod Chase, Broker
List Price
$448,000
Sold Price
$448,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,885
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 17, 2013
Sold by
Mortensen William
Bought by
Ramakrishnankutty Ajit and Nair Renuka Thulasidhran
Seller's Agent
John Seymour
Real Pros Realty
Buyer's Agent
Jarod Chase
Jarod Chase, Broker
List Price
$448,000
Sold Price
$448,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,885
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2010
Sold by
Meehan John
Bought by
Mortensen William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,791
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2009
Sold by
Furniss Russell W and Jones Kenneth Craig
Bought by
Saint John Trust

Purchase Details

Closed on
Jun 20, 2006
Sold by
Furniss Jennette
Bought by
Furniss Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.4%
Mortgage Type
Balloon

Purchase Details

Closed on
May 12, 2005
Sold by
Centex Homes
Bought by
Saad Michael and Saad Marlene Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,250
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 $690,000 Fidelity Natl Ttl Orange Cnt
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $525,000 Equity Title Co
Interfamily Deed Transfer -- Usa National Title
Interfamily Deed Transfer -- Ticor Title San Diego
Grant Deed $448,000 Ticor Title Company
Grant Deed $398,000 Investors Title Company
Trustee Deed -- None Available
Interfamily Deed Transfer -- Commerce Title Corona
Grant Deed $563,000 Commerce Title Corona
Grant Deed $531,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,000 Credit Line Revolving
Open $655,500 New Conventional
Previous Owner $380,518 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $420,356 FHA
Previous Owner $439,885 FHA
Previous Owner $387,360 FHA
Previous Owner $390,791 FHA
Previous Owner $504,000 Balloon
Previous Owner $118,250 Credit Line Revolving
Previous Owner $359,650 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $690,000 +3.1% $437 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $669,000 +27.4% $424 / Sq Ft
08/31/2018 08/31/18 Sold $525,000 -1.9% $333 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $535,000 +19.4% $339 / Sq Ft
12/03/2013 12/03/13 Sold $448,000 0.0% $280 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
08/28/2013 08/28/13 Price Changed $448,000 0.0% $280 / Sq Ft
08/28/2013 08/28/13 For Sale $448,000 0.0% $280 / Sq Ft
08/27/2013 08/27/13 Off Market $448,000 -- --
08/17/2013 08/17/13 Price Changed $462,000 -2.9% $289 / Sq Ft
08/08/2013 08/08/13 Price Changed $476,000 -2.1% $298 / Sq Ft
07/29/2013 07/29/13 Price Changed $486,000 -2.4% $304 / Sq Ft
07/10/2013 07/10/13 For Sale $498,000 -- $311 / 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 $9,752 $717,876 $492,220 $225,656
2023 $9,579 $703,800 $482,568 $221,232
2022 $9,669 $690,000 $473,105 $216,895
2021 $7,999 $541,047 $326,591 $214,456
2020 $7,906 $535,500 $323,242 $212,258
2019 $7,866 $525,000 $316,903 $208,097
2018 $7,549 $482,660 $283,492 $199,168
2017 $7,508 $473,197 $277,934 $195,263
2016 $7,460 $463,919 $272,484 $191,435
2015 $7,498 $456,951 $268,391 $188,560
2014 $7,545 $448,000 $263,133 $184,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18156054

California Regional Multiple Listing Service (CRMLS)

APN: 939-048-46