7 Rickie Ln Ladera Ranch, CA 92694
Covenant Hills Village NeighborhoodEstimated Value: $5,939,000 - $10,039,818
4
Beds
7
Baths
8,910
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wine Cellar
- Heated Spa
- Oso Grande Elementary School Rated A
- Gated with Attendant
- Primary Bedroom Suite
About This Home
As of July 2022End your quest for the ultimate Ladera Ranch custom estate at this phenomenal residence in guard-gated Covenant Hills, where superior views, unyielding luxury and the best of the best in finishes and amenities are showcased. Towering palms frame a coveted corner cul-de-sac homesite of more than 18,460 square feet that is embellished with priceless views stretching across canyons, hills and shimmering lights to dazzling sunsets on the horizon. Impeccable grounds impress at every turn thanks to a semi-circular cobblestone driveway, travertine patios, a private courtyard, a loggia and a fireplace-warmed entertainment pavilion. Exclusive Mediterranean resorts are rivaled by the residence’s pool and spa, fire bowls, fountains, a custom rock fireplace with seating area, and a BBQ bar w/ Fire Magic Black Diamond grill & refrigerator. Every detail has received careful consideration throughout the entire estate, which extends approximately 8,910 square feet and hosts 4 ensuite bedrooms, 7 baths, an office w/ two sets of French doors leading to a terrace, a formal living room w/ access to another terrace, a formal dining room w/ patio and room for 10, a home gym, wine cellar, a lavish theater w/ tiered seating and enormous screen, an elevator, and a subterranean 8-car garage with tile floor & ample storage. A double-height foyer w/ marble staircase sets the tone for casually elegant sophistication in the home, which also hosts a great room w/ adjacent game room, and a fabulous kitchen w/ casual dining area, a morning room w/ stacked-stone walls, multiple sets of foldaway doors to the backyard, an island w/ farmhouse sink, custom cabinetry, walk-in & butler’s pantries, and Sub-Zero, Wolf & Asko appliances. One bedroom suite is located on the main level, and the second-floor primary suite displays a view balcony, fireplace, a stand-alone tub, a multi- head shower, a massive walk-in closet w/ furniture-caliber built-ins & a private sitting area w/ dual walk-in display closets. Details include complete home automation for audio, video, lighting & climate; custom millwork including crown molding, paneling & wainscoting; precast limestone casings, niches & fireplaces; & extensive use of marble, granite, quartz, wood, glass, Venetian limestone & tile. The rewarding and exclusive lifestyle that awaits behind the gates of Covenant Hills at Ladera Ranch remains genuinely special. To experience that lifestyle in a home as unique & luxurious as 7 Rickie Lane is without compare.
Last Agent to Sell the Property
Ladera Realty License #01384317 Listed on: 04/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $116,533
Year Built
- Built in 2010
Lot Details
- 0.43 Acre Lot
- Cul-De-Sac
- Sprinkler System
- Private Yard
- Lawn
- Back and Front Yard
HOA Fees
- $538 Monthly HOA Fees
Parking
- 8 Car Attached Garage
Property Views
- Panoramic
- City Lights
- Hills
Home Design
- Turnkey
- Planned Development
- Slab Foundation
Interior Spaces
- 8,910 Sq Ft Home
- Elevator
- Open Floorplan
- Built-In Features
- Crown Molding
- Tray Ceiling
- Two Story Ceilings
- Ceiling Fan
- Recessed Lighting
- Entryway
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Library with Fireplace
- Bonus Room
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Walk-In Pantry
- Butlers Pantry
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
Pool
- Heated Spa
- Heated Pool
- Waterfall Pool Feature
Outdoor Features
- Balcony
- Fireplace in Patio
- Patio
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
- Rear Porch
Schools
- Oso Grande Elementary School
- Ladera Ranch Middle School
- San Juan Hills High School
Utilities
- Central Air
Listing and Financial Details
- Tax Lot 117
- Tax Tract Number 16586
- Assessor Parcel Number 74143327
- $12,246 per year additional tax assessments
Community Details
Overview
- Larmac Association, Phone Number (949) 218-0900
- First Service Residential HOA
- Covenant Hills Custom Homes Subdivision
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2023
Sold by
Pearson George A and Pearson Marcela
Bought by
Pc House Trust and Olson
Current Estimated Value
Purchase Details
Listed on
Apr 18, 2022
Closed on
May 31, 2022
Sold by
Clarke Family Revocable Living Trust
Bought by
Pearson George A and Pearson Marcela
Seller's Agent
Timothy Wolter
HomeSmart, Evergreen Realty
Buyer's Agent
Dean Lueck
Compass
List Price
$10,599,000
Sold Price
$10,000,000
Premium/Discount to List
-$599,000
-5.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.99%
Original Mortgage
$3,900,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2022
Sold by
Clarke Steven M
Bought by
Clarke Family Revocable Living Trust
Purchase Details
Closed on
Nov 10, 2020
Sold by
Pearson George A and Pearson Marcela
Bought by
Pearson George A and Pearson Marcela
Purchase Details
Closed on
Jun 29, 2018
Sold by
Clarke Constance Marie
Bought by
Clarke Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,056,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2018
Sold by
Khein Joseph
Bought by
Clarke Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,056,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2015
Sold by
Khein Joseph
Bought by
Khein Joseph and Joseph Khein Revocable Trust
Purchase Details
Listed on
Jan 31, 2012
Closed on
Oct 9, 2012
Sold by
Sky Ranch Development Llc
Bought by
Khein Joseph and Joseph Khein & Bella Khein Living Trust
Seller's Agent
Pam Lytle
Landmark Realtors
Buyer's Agent
Jason Abboud
RE/MAX Prestige Properties
List Price
$3,725,000
Sold Price
$3,100,000
Premium/Discount to List
-$625,000
-16.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$1,100,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2006
Sold by
Dmb Ladera Llc
Bought by
Sky Ranch Development Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,450,000
Interest Rate
6.21%
Mortgage Type
Construction
Similar Homes in Ladera Ranch, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pc House Trust | -- | None Listed On Document | |
| Pearson George A | $10,000,000 | Chicago Title | |
| Clarke Family Revocable Living Trust | -- | None Listed On Document | |
| Pearson George A | -- | -- | |
| Clarke Steve | -- | None Available | |
| Clarke Steven M | $4,000,000 | Fidelity National Title | |
| Khein Joseph | -- | None Available | |
| Khein Joseph | $3,100,000 | Fidelity National Title Co | |
| Sky Ranch Development Lp | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pearson George A | $3,900,000 | |
| Previous Owner | Clarke Steve | $1,000,000 | |
| Previous Owner | Clarke Steven M | $4,500,000 | |
| Previous Owner | Clarke Steven M | $3,056,000 | |
| Previous Owner | Khein Joseph | $500,000 | |
| Previous Owner | Khein Joseph | $1,100,000 | |
| Previous Owner | Sky Ranch Development Lp | $500,000 | |
| Previous Owner | Sky Ranch Development Lp | $5,450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $10,000,000 | -5.7% | $1,122 / Sq Ft |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $10,599,000 | +241.9% | $1,190 / Sq Ft |
| 10/05/2012 10/05/12 | Sold | $3,100,000 | -16.8% | $348 / Sq Ft |
| 09/14/2012 09/14/12 | Pending | -- | -- | -- |
| 08/01/2012 08/01/12 | Price Changed | $3,725,000 | 0.0% | $418 / Sq Ft |
| 08/01/2012 08/01/12 | For Sale | $3,725,000 | +20.2% | $418 / Sq Ft |
| 08/01/2012 08/01/12 | Off Market | $3,100,000 | -- | -- |
| 01/31/2012 01/31/12 | For Sale | $3,950,000 | -- | $443 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $116,533 | $10,200,000 | $6,995,529 | $3,204,471 |
| 2023 | $114,174 | $10,000,000 | $6,858,361 | $3,141,639 |
| 2022 | $54,529 | $4,204,713 | $1,343,724 | $2,860,989 |
| 2021 | $53,613 | $4,122,268 | $1,317,376 | $2,804,892 |
| 2020 | $52,924 | $4,080,000 | $1,303,868 | $2,776,132 |
| 2019 | $52,581 | $4,000,000 | $1,278,301 | $2,721,699 |
| 2018 | $46,806 | $3,419,125 | $870,145 | $2,548,980 |
| 2017 | $46,391 | $3,352,084 | $853,084 | $2,499,000 |
| 2016 | $46,128 | $3,286,357 | $836,357 | $2,450,000 |
| 2015 | $46,288 | $3,236,993 | $823,794 | $2,413,199 |
| 2014 | $45,709 | $3,114,074 | $807,657 | $2,306,417 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Wolter
Seller's Agent in 2022
Timothy Wolter
Ladera Realty
(949) 365-1888
100 in this area
316 Total Sales
-
Tracy Tutor
Seller Co-Listing Agent in 2022
Tracy Tutor
Compass
(310) 595-3889
1 in this area
123 Total Sales
-
Dean Lueck
Buyer's Agent in 2022
Dean Lueck
Compass
(949) 275-1801
1 in this area
143 Total Sales
-
P
Seller's Agent in 2012
Pam Lytle
Landmark Realtors
(949) 466-4299
-
Seller Co-Listing Agent in 2012
Stephen Sutherland
McMonigle Group Corp
(949) 734-6500
-
Jason Abboud
Buyer's Agent in 2012
Jason Abboud
RE/MAX
(949) 463-7653
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22072586
APN: 741-433-27
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