$710,000
SOLD JUN 22, 2017

47 Mercantile Way Ladera Ranch, CA 92694

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

Recently Sold

$380 Per Sq Ft

2% Above List Price

29 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Chaparral Elementary School Rated A
  • View of Trees or Woods
  • 3-minute walk to Town Green

About This Home

As of May 2021

Absolutely stunning Ladera Ranch 4 BEDROOM home settled in the heart of The Gables community. Seller has just completed a spectacular TOP to BOTTOM designer REMODEL of this gorgeous single family residence. Framed by a charming white picket fence, the enchanting front yard welcomes friends & family with a profusion of potted flowering plants & trees. A rustic stone patio is enhanced by a conversation area centered around a babbling water feature. Inside, vintage white oak-style laminate flooring extends through the living & dining rooms & into the kitchen & sunny breakfast nook. The kitchen, a study in designer perfection offers white quartz countertops contrasting with rich mahogany-stained cabinets, stainless steel appliances and Kohler™ Rubicon fixtures. Effortless entertaining is a joy in the enclosed yard highlighted by a serene water descent feature, dramatic fire pit & built-in BBQ bar w/stainless grill. Continue upstairs to the master suite & luxuriate in the splendor of the remodeled bathroom- from quartz countertops & frameless glass shower enclosure to the contemporary deep soaking tub, nothing has been overlooked. Down the hall, 3 additional bedrooms are clustered around bath 2– also masterfully redesigned to perfection. A reimagined laundry room w/laundry sink & quartz countertops completes the 2nd story. Additional improvements include a Pex re-pipe in 2016, Halo 5 water filtration system installation in 2016 & a new AC condenser installed in 2016. Act fast!

Last Agent to Sell the Property

Robert Blatman

Coldwell Banker Realty License #01343335 Listed on: 05/10/2017

Coldwell Banker Realty

Last Buyer's Agent

Christina Bowen

Re/Max Real Estate Group License #01393488

Re/Max Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,981

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 2,531 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Front Yard

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Woods
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,867 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Chaparral Elementary School
  • Ladera Ranch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

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
  • Built by K. Hovnanian
  • Plan 3

Amenities

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,981

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$232 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: The Gables (GABL)
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Turnkey, 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: High Ceilings, Wired for Data
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Patio
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 380.29
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association, Gunite, Heated, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s), Neighborhood, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: K. Hovnanian
  • Patio And Porch Features: Concrete, Patio, Front Porch
  • Pool Features: Association, In Ground, Filtered, Heated, Gunite
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Frame, Glass, Steel, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Electric: Electricity - On Property, Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level
  • 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: 232.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-448-6000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Capistrano Unified
  • Elementary School: Chaparral
  • Middle School: Ladera Ranch
  • High School: Call District
  • Elementary School: Chaparral
  • High School: Call District
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: CHAPAR2
  • High School2: CALDIS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Level, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 2531.00

Multi Family

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

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
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17103613

California Regional Multiple Listing Service (CRMLS)

APN: 759-362-10