NOT LISTED FOR SALE

62 Downing St Ladera Ranch, CA 92694

Estimated Value: $2,160,000 - $2,346,420

5 Beds
5 Baths
3,775 Sq Ft
$601/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $1,180,000 $313 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $14,485/month

101 Days on Market

About This Home

As of March 2014

As you enter the Gated Courtyard with Fountain, you will encounter a Master Piece of Quality and Elegance where no expense has been spared in the spectacular upgrades of this 5 Bedroom, 5 Full Bath home. Enjoy the Ambiance Flow through this home which boasts a Master Suite with Retreat and View along with 2 other Bedrooms, Media/Bonus Room on the Same Level while on the Lower Level you will find the comfort of an Inviting Bedroom Suite and Second Bedroom. The High Ceilings, Double Crowned Moldings, Encased Windows, Zoned Heating and AC, Gourmet Chef's Kitchen with Granite Counter Tops, Top of the Line Upgraded Appliances, 6 Burner Wolf Range with Commercial Vent, Built-in Unique and Chic Kitchen Banquette, Water Purification System and State of the Art Alarm, Surround Sound and IPod Dock Systems make this home a True Pleasure to Entertain in. After you are finished Entertaining inside, you can invite your guests outside to the Lushly Landscaped Backyard with Fountain, Built-in Barbecue with Island, Fire Pit and Serene Unobstructed Panoramic Views of the Hills and City Lights.

Last Agent to Sell the Property

Gordana Pipolo

Keller Williams Realty License #01218015 Listed on: 10/04/2013

Last Buyer's Agent

Gordana Pipolo

Keller Williams Realty License #01218015 Listed on: 10/04/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Mar 6, 2014
Sold by
Wang Kuisheng
Bought by
Bai John
Seller's Agent
Gordana Pipolo
Keller Williams Realty
Buyer's Agent
Gordana Pipolo
Keller Williams Realty
List Price
$1,230,000
Sold Price
$1,180,000
Premium/Discount to List
-$50,000
-4.07%
Current Estimated Value
$2,269,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,089,605
Avg. Annual Appreciation
5.96%
Original Mortgage
$767,000
Interest Rate
3.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 4, 2013
Closed on
Jan 15, 2014
Sold by
Furesh Katherine and Furesh John J
Bought by
Bai John
Seller's Agent
Gordana Pipolo
Keller Williams Realty
Buyer's Agent
Gordana Pipolo
Keller Williams Realty
List Price
$1,230,000
Sold Price
$1,180,000
Premium/Discount to List
-$50,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Interest Rate
3.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2013
Sold by
Furesh Katherine and Furesh Johnna
Bought by
Furesh Katherine and Furesh John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
The Bank Of New York Mellon
Bought by
Furesh Katherine and Furesh Johnna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Alahmad Ali and Alahmad Sanaz Ebrahimi
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 24, 2008
Sold by
Alahmad Sanaz Ebrahimi
Bought by
Alahmad Ali

Purchase Details

Closed on
Dec 10, 2003
Sold by
Alahmad Ali
Bought by
Alahmad Ali and Alahmad Sanaz Ebrahimi

Purchase Details

Closed on
Aug 13, 2003
Sold by
Standard Pacific Corp
Bought by
Alahmad Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,900
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Bai John -- Usa National Title Company
Bai John $1,180,000 Usa National Title Co
Furesh Katherine -- Orange Coast Title Company
Furesh John J -- Orange Coast Title Company
Furesh Katherine $920,000 None Available
The Bank Of New York Mellon $877,500 Landsafe Title
Alahmad Ali -- Accommodation
Alahmad Ali -- --
Alahmad Ali $846,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bai John $767,000
Previous Owner Furesh John J $505,000
Previous Owner Furesh Katherine $520,000
Previous Owner Furesh Katherine $520,000
Previous Owner Alahmad Ali $575,000
Previous Owner Alahmad Ali $1,000,000
Previous Owner Alahmad Ali $417,500
Previous Owner Alahmad Ali $1,000,000
Previous Owner Alahmad Ali $395,000
Previous Owner Alahmad Ali $75,000
Previous Owner Alahmad Ali $995,000
Previous Owner Alahmad Ali $900,250
Previous Owner Alahmad Ali $75,000
Previous Owner Alahmad Ali $676,900
Closed Alahmad Ali $84,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2014 03/11/14 Sold $1,180,000 -0.8% $313 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
01/08/2014 01/08/14 Price Changed $1,189,999 -3.3% $315 / Sq Ft
10/04/2013 10/04/13 For Sale $1,230,000 -- $326 / 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 $19,791 $1,428,592 $712,745 $715,847
2023 $19,441 $1,400,581 $698,770 $701,811
2022 $19,657 $1,373,119 $685,069 $688,050
2021 $19,277 $1,346,196 $671,637 $674,559
2020 $19,020 $1,332,393 $664,750 $667,643
2019 $18,860 $1,306,268 $651,716 $654,552
2018 $18,795 $1,280,655 $638,937 $641,718
2017 $18,606 $1,246,368 $626,409 $619,959
2016 $18,462 $1,221,930 $614,127 $607,803
2015 $18,545 $1,203,576 $604,902 $598,674
2014 $15,831 $942,845 $380,850 $561,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13203955

California Regional Multiple Listing Service (CRMLS)

APN: 759-612-33