NOT LISTED FOR SALE

47 Mercantile Way Ladera Ranch, CA 92694

Estimated Value: $1,120,000 - $1,303,541

4 Beds
2.5 Baths
1,867 Sq Ft
$668/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $910,000 $487 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,253/month

6 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Tennis Courts
  • Chaparral Elementary School Rated A
  • Clubhouse
  • 3-minute walk to Town Green

About This Home

As of May 2021

Welcome to 47 Mercantile Way, a wonderful 4 bedroom 2.5 bathroom home ideally located in the heart of The Gables community of Ladera Ranch. Walking distance to shops and dining this amazing home boasts beautiful front courtyard with double door access to the entertaining side yard complete with dazzling string lights, built-in fire pit, waterfall fountain and built-in BBQ! Downstairs offers living room with marvelous fireplace and spacious kitchen that features stainless steel appliances and breakfast nook. Spacious upstairs boasts 4 bedrooms! Master bedroom features spa like bathroom with walk-in closet and double sinks. Convenient upstairs laundry room plus 3 large secondary rooms complete the upper level. Large 2 car garage hosts plenty of storage space. Don’t miss this amazing opportunity and schedule a private showing today!

Last Agent to Sell the Property

Christina Bowen

Re/Max Real Estate Group License #01393488 Listed on: 04/14/2021

Re/Max Real Estate Group

Co-Listed By

Ken E. Bowen

Re/Max Real Estate Group License #00935116

Last Buyer's Agent

Lila Mechekak

HomeSmart, Evergreen Realty License #02066929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,981

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 2,531 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 1,867 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 15888
  • Assessor Parcel Number 75936210

Community Details

Overview

  • Larmac Association, Phone Number (949) 448-6000
  • The Gables Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,981

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$312 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: The Gables (GABL)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75936210
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1867.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 487.41
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Stone
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: 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, Picnic Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 312.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-448-6000
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Street Lights
  • Association Management: Larmac

Schools

  • School District: Carpinteria Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2531.00
  • Lot Size Acres: 0.0581

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2531.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.57
  • Tax Lot: 25
  • Tax Tract Number: 15888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 5, 2021
Sold by
Sana Tatiana
Bought by
Chaudhri Ahmad Sana
Seller's Agent
Christina Bowen
Re/Max Real Estate Group
Buyer's Agent
Lila Mechekak
HomeSmart, Evergreen Realty
List Price
$849,000
Sold Price
$910,000
Premium/Discount to List
$61,000
7.18%
Current Estimated Value
$1,246,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,385
Avg. Annual Appreciation
7.93%
Original Mortgage
$710,000
Outstanding Balance
$650,233
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$596,152

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 23, 2021
Sold by
Thrailkill Joseph Allen and Thrailkill Deborah Ann
Bought by
Chaudhri Ahmad Sana
Seller's Agent
Christina Bowen
Re/Max Real Estate Group
Buyer's Agent
Lila Mechekak
HomeSmart, Evergreen Realty
List Price
$849,000
Sold Price
$910,000
Premium/Discount to List
$61,000
7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$650,233
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$596,152

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 12, 2017
Sold by
Perez Greg D and Perez Michelle L
Bought by
Thraikill Joseph Allen and Thraikill Deborah Ann
Seller's Agent
Robert Blatman
Coldwell Banker Realty
Buyer's Agent
Christina Bowen
Re/Max Real Estate Group
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Zettel Jeffrey C and Zettel Amanda C
Bought by
Perez Greg D and Perez Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Zettel Jeffery C and Zettel Amanda C
Bought by
Zettel Jeffery C and Zettel Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,895
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2001
Sold by
K Hovnanian At The Gables Llc
Bought by
Zettel Jeffrey C and Zettel Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,300
Interest Rate
6.98%
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 Buyer Sale Price Title Company
Chaudhri Ahmad Sana -- Orange Coast Ttl Co Of Socal
Chaudhri Ahmad Sana $910,000 Orange Coast Ttl Co Of Socal
Thraikill Joseph Allen $710,000 Ticor Title Orange County Br
Perez Greg D $470,000 Arista National Title
Zettel Jeffery C -- First American Title Corpora
Zettel Jeffrey C $298,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhri Ahmad Sana $710,000
Previous Owner Perez Greg D $199,000
Previous Owner Perez Greg D $100,000
Previous Owner Perez Greg D $376,000
Previous Owner Zettel Jeffery C $400,895
Previous Owner Zettel Jeffrey C $95,000
Previous Owner Zettel Jeffrey C $241,000
Previous Owner Zettel Jeffery C $50,000
Previous Owner Zettel Jeffrey C $240,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $910,000 +7.2% $487 / Sq Ft
04/14/2021 04/14/21 For Sale $849,000 +19.6% $455 / Sq Ft
06/22/2017 06/22/17 Sold $710,000 0.0% $380 / Sq Ft
06/01/2017 06/01/17 Price Changed $710,000 +1.6% $380 / Sq Ft
05/10/2017 05/10/17 For Sale $699,000 -- $374 / 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 $11,981 $965,699 $741,418 $224,281
2023 $11,779 $946,764 $726,880 $219,884
2022 $11,592 $928,200 $712,627 $215,573
2021 $9,872 $761,262 $558,953 $202,309
2020 $9,743 $753,457 $553,222 $200,235
2019 $9,863 $738,684 $542,375 $196,309
2018 $9,784 $724,200 $531,740 $192,460
2017 $7,417 $498,687 $306,345 $192,342
2016 $7,342 $488,909 $300,338 $188,571
2015 $7,395 $481,566 $295,827 $185,739
2014 $7,438 $472,133 $290,032 $182,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21079006

California Regional Multiple Listing Service (CRMLS)

APN: 759-362-10