$1,028,000
SOLD JUN 3, 2021

7 Red Rail Ln Ladera Ranch, CA 92694

4 Beds
2.5 Baths
2,488 Sq Ft
3,738 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

7% Above List Price

7 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Neighborhood Views
  • Oso Grande Elementary School Rated A
  • Bonus Room
  • 2-minute walk to Boreal Plunge Park

About This Home

As of June 2021

This plan 4 residence has 3 bedrooms with a casita. It sits on a large lot with a lush grassy area in front & rare long driveway. The kitchen is a cook's delight with large island, exotic granite counters, professional chef appliances, & a generous walk in pantry. The family room features a cozy fireplace that adjoins the kitchen & is perfect for entertaining. Enjoy comfortable outdoor living with two stamped concrete patio entertaining areas & a soothing water feature. The master suite has a retreat with a romantic fireplace, great for enjoying a glass of wine, reading or lounging. The master bath also boasts a large shower, & dual sinks with his & her walk in closets. There are two secondary bedrooms sharing a convenient Jack and Jill bathroom with bathtub, shower, & dual sinks. Upgrades on this beautiful home include: real hardwood floors, plantation shutters, new designer interior paint & carpeting, newer high efficiency AC unit & newly painted outside, & solar panels. Find yourself enjoying coming home to this serene environment, enjoying family, the many amenities this neighborhood has to offer. Close to the Paseo, walking trails, pools, clubhouses, parks, skate park, water park & dog park. Washer/Dryer and brand new Fridge are included as well as free Cox high speed Internet & 2 car garage is epoxy coated.

Last Agent to Sell the Property

Justin Green

Harcourts Prime Properties License #01924005 Listed on: 04/21/2021

Harcourts Prime Properties

Co-Listed By

Chadrick Widtfeldt

Harcourts Prime Properties License #01702292

Last Buyer's Agent

Kevin Hood

GreenTree Properties License #01236206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,310

Year Built

  • Built in 2005

Lot Details

  • 3,738 Sq Ft Lot
  • Back Yard

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,488 Sq Ft Home
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1
  • Assessor Parcel Number 74134103

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,310

Year Built

Built in 2005

Lot Details

0

HOA Fees

$331 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74134103
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2488.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 413.18
  • Room Type: Bonus Room, Kitchen, Laundry
  • Spa Features: Community
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Biking Trails, Clubhouse
  • Association Fee: 331.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: (949) 218-0900
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks
  • Association Management: LARMAC

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3738.00
  • Lot Size Acres: 0.0858

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3738.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 15
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 3, 2021
Sold by
Falk Matthew K and Falk Hilary E
Bought by
Cox Jordan and Brodsky Megan
Seller's Agent
Justin Green
Harcourts Prime Properties
Buyer's Agent
Kevin Hood
GreenTree Properties
List Price
$960,000
Sold Price
$1,028,000
Premium/Discount to List
$68,000
7.08%
Current Estimated Value
$1,518,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,462
Avg. Annual Appreciation
10.07%
Original Mortgage
$771,000
Outstanding Balance
$698,044
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$837,372

Purchase Details

Listed on
Nov 15, 2017
Closed on
Nov 24, 2017
Sold by
Lemond Ryan and Lemond Susan
Bought by
Falk Matthew K and Falk Hilary E
Seller's Agent
Jeff Pittman
Redfin
Buyer's Agent
Justin Green
Harcourts Prime Properties
List Price
$799,900
Sold Price
$798,000
Premium/Discount to List
-$1,900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$638,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2016
Sold by
Lemond Ryan and Lemond Susan
Bought by
Lemond Ryan and Lemond Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2016
Sold by
Lemond Ryan and Lemond Susan
Bought by
2016 Lemond Family Trust

Purchase Details

Closed on
Jul 20, 2009
Sold by
Yassine Susan and Lemond Ryan
Bought by
Lemond Ryan and Lemond Susan

Purchase Details

Closed on
Mar 30, 2005
Sold by
William Lyon Homes Inc
Bought by
Kim Michael C and Ikemoto Kim Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,560
Interest Rate
5.87%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $1,028,000 Ticor Ttl Orange Cnty Branch
Grant Deed $798,000 First American Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $729,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $771,000 New Conventional
Previous Owner $609,725 New Conventional
Previous Owner $638,400 New Conventional
Previous Owner $543,750 New Conventional
Previous Owner $565,000 New Conventional
Previous Owner $606,341 FHA
Previous Owner $72,000 Credit Line Revolving
Previous Owner $583,560 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $1,028,000 0.0% $413 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/27/2021 04/27/21 Off Market $1,028,000 -- --
04/21/2021 04/21/21 For Sale $960,000 0.0% $386 / Sq Ft
05/06/2020 05/06/20 Rented $4,100 -4.7% --
04/21/2020 04/21/20 For Rent $4,300 +4.9% --
05/03/2019 05/03/19 Rented $4,100 -2.4% --
04/29/2019 04/29/19 Under Contract -- -- --
04/16/2019 04/16/19 Price Changed $4,200 -1.2% $2 / Sq Ft
04/05/2019 04/05/19 Price Changed $4,250 -3.4% $2 / Sq Ft
03/26/2019 03/26/19 For Rent $4,400 0.0% --
12/11/2017 12/11/17 Sold $798,000 -0.2% $337 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $799,900 -- $338 / 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
2025 $15,310 $1,112,739 $717,187 $395,552
2024 $15,310 $1,090,921 $703,124 $387,797
2023 $15,043 $1,069,531 $689,337 $380,194
2022 $15,240 $1,048,560 $675,820 $372,740
2021 $12,908 $838,840 $502,545 $336,295
2020 $12,759 $830,239 $497,392 $332,847
2019 $12,678 $813,960 $487,639 $326,321
2018 $12,614 $798,000 $478,077 $319,923
2017 $11,425 $687,937 $325,592 $362,345
2016 $11,418 $674,449 $319,208 $355,241
2015 $11,487 $664,319 $314,414 $349,905
2014 $11,507 $645,849 $308,255 $337,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21084446

California Regional Multiple Listing Service (CRMLS)

APN: 741-341-03