NOT LISTED FOR SALE

Estimated Value: $4,874,000 - $6,059,391

6 Beds
8 Baths
7,851 Sq Ft
$729/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $4,200,000 $535 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $36,542/month

3 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • New Construction
  • Oso Grande Elementary School Rated A
  • Home Theater
  • 1-minute walk to Mission Hills Park

About This Home

As of March 2023

Luxury Custom Estate in the Guard-gated community of Covenant Hills. From its outstanding setting to its impressive list of amenities, this exquisite custom estate at Ladera Ranch's guard-gated Covenant Hills collection provides an incredible opportunity to own a never-occupied luxury estate. The home sits on a lot of over 13,000 square feet and boasts over 7,800 square feet of living space; included in square footage is a finished basement with its own bedroom and bathroom, game room and media room. From the moment you enter to the Warren Christopher Hardwood Floors through the double door entry, to the spiral staircase you'll fall in love with this stunning custom home. The large open kitchen with Thermador appliances, oversized quartz top island, walk-in pantry and plenty of cabinet storage is perfect for entertaining and family gatherings. Off the kitchen, the great room opens to the resort style backyard with oversized pool, spa and forever views. As you transcend one of the 2 staircases with custom wrought iron design to the second floor you'll notice the custom Warren Christopher Floors throughout the home. The Master Suite has its own private balcony overlooking the backyard and picturesque hills. The spa-like master bathroom features an oversized soaking tub, separate oversized shower and walk-in closet. The home features Anderson windows throughout, all bedrooms are en-suite and 3 custom-designed fireplaces, which makes this home a true estate. To see this home is to fall in love with it. Residents of the prestigious Covenant Hills community enjoy access to community parks, scenic trails, clubhouses, tennis, sports courts, skate park, dog park and resort style pools; award-winning schools, a short drive to historic downtown San Juan Capistrano, close to the ocean, beach cities, shopping, restaurants, theaters and so much more.

Last Listed By

Joe Juliani

Juliani and Associates License #01164175 Listed on: 01/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,511

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Landscaped
  • Gentle Sloping Lot
  • Back Yard

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 3.25 Car Direct Access Garage
  • Parking Available
  • Tandem Garage
  • Two Garage Doors
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway

Property Views

  • City Lights
  • Mountain
  • Hills
  • Pool

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Turnkey
  • Planned Development
  • Fire Rated Drywall
  • Interior Block Wall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 7,851 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room with Fireplace
  • Home Theater
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Permits For Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Juan Hills High School

Utilities

  • Cooling System Powered By Gas
  • Humidity Control
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 15988
  • Assessor Parcel Number 74140318

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • Covenant Hills Custom Homes Subdivision
  • Foothills

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,511

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$538 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74140318
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 7851.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, Copper Plumbing Partial, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Sump Pump, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Kitchen, Master Bedroom, Gas
  • Levels: Three Or More, Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 534.96
  • Room Type: Basement, Bonus Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Media Room
  • Spa Features: Private, Association, Community, In Ground, Permits
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Soaking Tub, Stone Counters
  • Room Kitchen Features: Kitchen Island, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Exterior Features: Sump Pump
  • View: City Lights, Hills, Mountain(s), Pool
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio Open, Front Porch
  • Pool Features: Private, Association, Community, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.25
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway - Combination, Concrete, Garage - Single Door, Garage - Two Door, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 3.25

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Fireplace(s), Forced Air, Humidity Control
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas, Humidity Control
  • 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, Gym/Ex Room, Clubhouse
  • Association Fee: 538.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Foothills, Hiking, Gutters, Park, Watersports, Sidewalks, Street Lights
  • Association Management: LARMAC

Schools

  • School District: Capistrano Unified
  • Elementary School: Oso Grande
  • Middle School: Ladera Ranch
  • High School: San Juan Hills
  • Elementary School: Oso Grande
  • High School: San Juan Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SAJUHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Gentle Sloping, Landscaped, Lot 10000-19999 Sqft, Park Nearby
  • Lot Size Sq Ft: 13151.00
  • Lot Size Acres: 0.3019

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13151.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 7
  • Tax Tract Number: 15988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Ohlmeyer Family Trust
Bought by
Ohlmeyer Family Trust and Ohlmeyer
Total Days on Market
3
Current Estimated Value
$5,719,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$782,412
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$4,937,436

Purchase Details

Listed on
Jan 30, 2023
Closed on
Feb 6, 2023
Sold by
Hp Singh Development Llc
Bought by
Ohlmeyer Family Trust
Seller's Agent
Joe Juliani
Juliani and Associates
Buyer's Agent
Sherri Van Wagenen
Ready Properties
List Price
$4,200,000
Sold Price
$4,200,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%

Purchase Details

Closed on
Dec 2, 2022
Sold by
Singh Nusrat Perveen
Bought by
Singh Nusrat Perveen and Dharna Dharminder Singh

Purchase Details

Closed on
Nov 25, 2022
Sold by
Singh Nusrat Perveen
Bought by
Hp Singh Development Llc

Purchase Details

Closed on
Aug 17, 2015
Sold by
Dharna Dharminder Singh
Bought by
Singh Harjinder Pal and Singh Nusrat Perveen

Purchase Details

Closed on
Jan 28, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Dharna Dharminder Singh

Purchase Details

Closed on
Aug 30, 2010
Sold by
Watts Wilbert H and Leanne Shelly
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 9, 2005
Sold by
Dmb Ladera Llc
Bought by
Watts Wilbert H and Leanne Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Ohlmeyer Family Trust -- First American Title
Ohlmeyer Family Trust $4,200,000 First American Title
Singh Nusrat Perveen -- --
Hp Singh Development Llc -- --
Singh Harjinder Pal -- None Available
Dharna Dharminder Singh $283,000 Ticor Title Riverside
Jpmorgan Chase Bank National Association $480,168 Accommodation
Watts Wilbert H -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohlmeyer Family Trust $800,000
Previous Owner Singh Harjinder Pal $850,000
Previous Owner Singh Harjinder Pal $1,140,000
Previous Owner Watts Wilbert H $622,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $4,200,000 0.0% $535 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $4,200,000 0.0% $535 / Sq Ft
01/30/2023 01/30/23 Off Market $4,200,000 -- --
01/30/2023 01/30/23 For Sale $4,200,000 -- $535 / 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 $51,511 $4,284,000 $1,199,125 $3,084,875
2023 $50,544 $4,200,000 $1,393,724 $2,806,276
2022 $26,063 $1,772,327 $341,657 $1,430,670
2021 $17,354 $911,839 $334,958 $576,881
2020 $11,336 $331,524 $331,524 $0
2019 $11,326 $325,024 $325,024 $0
2018 $9,135 $318,651 $318,651 $0
2017 $9,209 $312,403 $312,403 $0
2016 $9,208 $306,278 $306,278 $0
2015 $9,047 $301,678 $301,678 $0
2014 $9,283 $295,769 $295,769 $0
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23003842

California Regional Multiple Listing Service (CRMLS)

APN: 741-403-18