$910,000
SOLD MAY 11, 2021

47 Mercantile Way Ladera Ranch, CA 92694

4 Beds
2.5 Baths
1,867 Sq Ft
2,531 Sq Ft Lot

Recently Sold

$487 Per Sq Ft

7% Above List Price

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

Ladera 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
Ladera Realty
List Price
$849,000
Sold Price
$910,000
Premium/Discount to List
$61,000
7.18%
Current Estimated Value
$1,256,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,504
Avg. Annual Appreciation
7.74%
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
Ladera 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

Similar Homes in Ladera Ranch, CA

  • 41 Ethereal St, Ladera Ranch, CA 92694

    $1,049,000

    • 3 Beds
    • 3.5 Baths
    • 1,700 Sq Ft
    • 41 Ethereal St
    • Ladera Ranch, CA

    Commanding serene hilltop views, this exquisitely upgraded 3-bedroom, 3.5-bath Tarleton residence is a true jewel nestled in the prestigious Terramor Village of Ladera Ranch. From the moment you arrive, elegance unfolds—beginning with a refined travertine stone entryway that ushers you into a beautifully appointed downstairs suite, complete with a private en-suite bath and access to a generous,

    Amy Sims Coldwell Banker Realty

    Section Image
  • 241 Goldfinch St, Ladera Ranch, CA 92694

    $879,000

    • 2 Beds
    • 2.5 Baths
    • 1,327 Sq Ft
    • 241 Goldfinch St
    • Ladera Ranch, CA

    Searching for a contemporary, move-in ready detached home in an unbeatable location with only one HOA? Look no further! This modern residence, built by premier home builder Tri Pointe Homes is nestled in the heart of Rienda – the newest neighborhood within the award-winning Rancho Mission Viejo community. Imagine relaxing at Ranch Cove, a 20,000 sq ft lagoon-style pool, or taking a refreshing dip

    Lynn Rodgers Brian Rodgers, Broker

    Section Image
  • 25 Splendor Way, Ladera Ranch, CA 92694

    $1,075,000

    • 3 Beds
    • 2.5 Baths
    • 1,812 Sq Ft
    • 25 Splendor Way
    • Ladera Ranch, CA

    Seller is offering $5,000 credit to buyer for closing costs. Welcome to the largest Serenity floorplan in Rienda—an upgraded single-family home showcasing unforgettable lake views from a private rooftop deck. With 3 spacious bedrooms plus a versatile flex room (easily used as a 4th bedroom or office), this home offers the layout and lifestyle you've been searching for. The oversized chef’s

    Dave Archuletta First Team Real Estate

    Section Image
  • 1210 Windmill Rd, Ladera Ranch, CA 92694

    $899,990

    • 2 Beds
    • 2.5 Baths
    • 1,397 Sq Ft
    • 1210 Windmill Rd
    • Ladera Ranch, CA

    The first floor of this three-story home features an inviting flex space and two-bay garage. The second level is host to an open floorplan that seamlessly connects the living and dining areas with a modern kitchen while also providing access to an outdoor deck. Two bedrooms can be found on the top level, including the luxe owner’s suite. Flora is a collection of new single-family homes selling

    Cesi Pagano Keller Williams Realty

    Section Image
  • 1281 Windmill Rd, Ladera Ranch, CA 92694

    $1,099,000

    • 3 Beds
    • 2.5 Baths
    • 1,597 Sq Ft
    • 1281 Windmill Rd
    • Ladera Ranch, CA

    Nestled on a premium lot and enhanced by over $120K in hand-selected upgrades, 1281 Windmill Rd is more than just a beautifully built home—it’s a lifestyle. With a peaceful setting just steps from scenic Boulder Pond, Rienda Plunge Pool, and the future K–8 school, this home offers a rare blend of comfort, community, and connection to nature. A trio of outdoor living spaces—the backyard,

    Trevor Phelps Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Socal
Grant Deed $910,000 Orange Coast Ttl Co Of Socal
Grant Deed $710,000 Ticor Title Orange County Br
Grant Deed $470,000 Arista National Title
Interfamily Deed Transfer -- First American Title Corpora
Grant Deed $298,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 New Conventional
Previous Owner $199,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $376,000 New Conventional
Previous Owner $400,895 FHA
Previous Owner $95,000 Credit Line Revolving
Previous Owner $241,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $240,300 No Value Available
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21079006

California Regional Multiple Listing Service (CRMLS)

APN: 759-362-10