NOT LISTED FOR SALE

Estimated Value: $3,719,000 - $4,164,000

5 Beds
5.5 Baths
5,189 Sq Ft
$747/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,540,000 $489 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $23,646/month

5 Days on Market

Highlights

  • Wine Cellar
  • 24-Hour Security
  • Primary Bedroom Suite
  • Oso Grande Elementary School Rated A
  • Saltwater Pool
  • Peek-A-Boo Views

About This Home

As of May 2021

Spectacular Colonial Pool Estate with 5 Bedrooms plus bonus room (builder option for 6th bedroom) perched high atop the hillside of Ladera Ranch with spectacular panoramic views all the way to the ocean. Located in the guard gated enclave of Covenant Hills at the end of a tree lined cul de sac this home has never been available for sale. Beautifully appointed home boasts Richard Marshall hardwood floors, newer paint inside and out, custom built-ins and extensive woodwork. Spacious floor plan with one bedroom/bathroom downstairs, separate office or den, and a private dining room that opens to the courtyard with bubbling fountain. Light filled kitchen with white cabinets, Viking appliances, walk-in pantry and beverage refrigerator. Master suite features large retreat with balcony to enjoy the sunset views and spa like master bath with large walk-in closet. 3 secondary bedrooms with ensuite bathrooms along with an oversized bonus room with built-in media niche complete the second level. One of kind backyard features salt water pool/spa, BBQ island, large entertaining area with arbor and brick fireplace as well as a wrap around grass yard for the kids. Additional features include water softener, indoor/outdoor speakers, custom wine storage room, and garage with refrig./freezer plus storage. Truly a must see!

Last Agent to Sell the Property

Carissa Fetters

Veranda Realty License #01526457 Listed on: 04/22/2021

Last Buyer's Agent

Danielle Snyder

Coldwell Banker Realty License #01844195

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,811

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • Peek-A-Boo
  • Canyon
  • Hills
  • Neighborhood

Home Design

  • Colonial Architecture
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,189 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Wainscoting
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • 220 Volts in Garage
  • Water Softener
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 16386
  • Assessor Parcel Number 74141130

Community Details

Overview

  • Larmac Association
  • Firstservices HOA
  • Built by Standard Pacific
  • Alisal Subdivision

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,811

Year Built

Built in 2005

Lot Details

0

HOA Fees

$462 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Garage Refrigerator and Freezer
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Alisal (ALIS)
  • View: Yes
  • Architectural Style: Colonial
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74141130
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5189.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Pantry, Recessed Lighting, Stone Counters, Wainscoting, Wired for Data
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 489.50
  • Room Type: Bonus Room, Den, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Association
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Canyon, Hills, Neighborhood, Peek-A-Boo
  • Builder Name: Standard Pacific
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, Association, Salt Water
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Warming Drawer, Water Softener
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Dog Park, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails
  • Association Fee: 462.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: FirstServices

Schools

  • Elementary School: Oso Grande
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 11587.00
  • Lot Size Acres: 0.2660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11587.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 6
  • Tax Tract Number: 16386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 5, 2021
Sold by
Ethan And Erin Morgan Family Trust and Morgan Erin R
Bought by
B And A Chapin Revochble Trust and Chapin
Seller's Agent
Carissa Fetters
Veranda Realty
Buyer's Agent
Danielle Snyder
Coldwell Banker Realty
List Price
$2,499,000
Sold Price
$2,540,000
Premium/Discount to List
$41,000
1.64%
Current Estimated Value
$3,875,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,335,173
Avg. Annual Appreciation
10.03%
Original Mortgage
$2,285,746
Outstanding Balance
$2,068,218
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,806,955

Purchase Details

Closed on
Dec 10, 2019
Sold by
Morgan Ethan F and Morgan Erin R
Bought by
Morgan Ethan F and Morgan Erin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2005
Sold by
Standard Pacific Corp
Bought by
Morgan Ethan F and Morgan Erin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
B And A Chapin Revochble Trust $2,540,000 Chicago Title
Morgan Ethan F -- Old Republic Title
Morgan Ethan F $1,991,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B And A Chapin Revochble Trust $2,285,746
Previous Owner Morgan Ethan F $1,687,000
Previous Owner Morgan Ethan F $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $2,540,000 +1.6% $489 / Sq Ft
04/29/2021 04/29/21 For Sale $2,499,000 -1.6% $482 / Sq Ft
04/27/2021 04/27/21 Off Market $2,540,000 -- --
04/22/2021 04/22/21 For Sale $2,499,000 0.0% $482 / Sq Ft
09/08/2020 09/08/20 Rented $10,900 0.0% --
09/06/2020 09/06/20 Off Market $10,900 -- --
02/02/2020 02/02/20 For Rent $10,900 0.0% --
08/07/2019 08/07/19 Rented $10,900 0.0% --
05/22/2019 05/22/19 For Rent $10,900 +36.3% --
05/02/2013 05/02/13 Rented $8,000 0.0% --
05/02/2013 05/02/13 Under Contract -- -- --
01/02/2013 01/02/13 For Rent $8,000 -- --
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
2025 $34,811 $2,749,377 $1,417,215 $1,332,162
2024 $34,811 $2,695,468 $1,389,426 $1,306,042
2023 $34,148 $2,642,616 $1,362,182 $1,280,434
2022 $33,855 $2,590,800 $1,335,472 $1,255,328
2021 $30,688 $2,272,000 $1,343,978 $928,022
2020 $26,395 $1,871,700 $1,005,312 $866,388
2019 $26,794 $1,871,700 $1,005,312 $866,388
2018 $27,087 $1,871,700 $1,005,312 $866,388
2017 $27,011 $1,835,000 $985,600 $849,400
2016 $27,296 $1,835,000 $985,600 $849,400
2015 $27,608 $1,835,000 $985,600 $849,400
2014 $25,512 $1,606,000 $756,600 $849,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21080364

California Regional Multiple Listing Service (CRMLS)

APN: 741-411-30