NOT LISTED FOR SALE

7 Tranquility Place Ladera Ranch, CA 92694

Estimated Value: $2,938,767 - $3,346,000

5 Beds
4.5 Baths
3,984 Sq Ft
$781/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $1,775,000 $446 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $18,781/month

3 Days on Market

Highlights

  • Gated with Attendant
  • Solar Heated In Ground Pool
  • Primary Bedroom Suite
  • Oso Grande Elementary School Rated A
  • Solar Power System
  • 5-minute walk to Oso Grande Park

About This Home

As of April 2019

This one of a kind, recently remodeled, Meriden masterpiece in the exclusive gated community of Covenant Hills will not disappoint. Sophisticated and timeless features throughout, including new designer laminate wood flooring, new interior paint, designer carpet, window casings & custom lighting. Home has been repiped with PEX and includes a 60-panel owned solar system. Impressive kitchen with breakfast nook features new pristine white shaker cabinetry and is highlighted by an expansive kitchen island with quartz counters and custom subway tile backsplash, upgraded stainless steel appliances including built-in refrigerator, which complete this grand kitchen. Generous family room/great room has custom stacking doors to backyard, raised hearth at fireplace with mantle, and built-in media cabinet. Inviting living room includes fireplace plus elegant dining room with custom lighting and adjacent French doors. Grand master suite has beamed and paneled ceiling treatments and view balcony. Luxurious master bath has dual sinks, vanity, soaking tub, separate shower, and substantial walk-in closet with custom cabinetry. Enjoy the resort-like backyard which includes sparkling pool & spa, generous patio, exquisite loggia with full kitchen, seating area and swim up bar, outdoor dining with fireplace and pizza oven. Close to Covenant Hills amenities, including clubhouse with pool, spa & tennis, plus Oso Grande Elementary School. Truly a spectacular place to call home!

Last Agent to Sell the Property

Dina Williams

RMV Real Estate Group License #01018982 Listed on: 02/28/2019

Co-Listed By

Dede Engelbrecht

Ladera Realty Group License #00843276

Last Buyer's Agent

Mitch Frisch

HomeSmart, Evergreen Realty License #01323326

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,545 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,984 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Casement Windows
  • Window Screens
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Clemente High School

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Private Water Source
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Property is near clubhouse and park

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 16505
  • Assessor Parcel Number 74144104

Community Details

Overview

  • Ladera Ranch Association, Phone Number (949) 218-0900
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Removable pool safety fence which is presently not installed, but located on side of home.
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Meriden (MERD)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74144104
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3984.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Outside, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 445.53
  • Room Type: Dressing Area, Entry, Family Room, Great Room, Main Floor Bedroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Association, Community, Heated, In Ground
  • Window Features: Casement Windows, Screens
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Hills, Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Enclosed, Front Porch, Slab, Stone
  • Pool Features: Private, Association, Community, Heated, In Ground, Solar Heat
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Two Door, Garage Door Opener, Workshop in Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Private
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Playground, Biking Trails, Hiking Trails, Clubhouse, Banquet Facilities, Meeting Room
  • Association Fee: 406.00
  • Association Fee Frequency: Monthly
  • Association Name: Ladera Ranch
  • Phone: 949-218-0900
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • Elementary School: Oso Grande
  • High School: San Clemente
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SANCLE

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Cul-De-Sac, Greenbelt, Landscaped, Lawn, Park Nearby, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 8545.00
  • Lot Size Acres: 0.1962
  • Latitude Manual: 33.54339700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8545.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 12
  • Tax Tract Number: 16505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Medina Damaris L
Bought by
Damaris L Medina Trust and Medina
Current Estimated Value
$3,111,192

Purchase Details

Closed on
Feb 2, 2022
Sold by
Adam Geach
Bought by
Medina Damaris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,367,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2021
Sold by
Geach Adam and Medina Damaris
Bought by
Medina Damaris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,367,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 8, 2019
Sold by
Schmidt Jacob James and Schmidt Holly Dianne
Bought by
Geach Adam and Medina Damaris
Seller's Agent
Dina Williams
RMV Real Estate Group
Buyer's Agent
Mitch Frisch
HomeSmart, Evergreen Realty
List Price
$1,775,000
Sold Price
$1,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$1,420,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2018
Closed on
Feb 23, 2018
Sold by
Cova Jeffrey Michael and Cova Anne Marie
Bought by
Schmidt Jacob James and Schmidt Holly Dianne
Seller's Agent
Carissa Fetters
Veranda Realty
Buyer's Agent
Dina Williams
RMV Real Estate Group
List Price
$1,749,000
Sold Price
$1,675,000
Premium/Discount to List
-$74,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,295,000
Interest Rate
4.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 9, 2014
Sold by
Cova Jeffrey Michael and Cova Anne Marie
Bought by
J & A Cova Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2010
Sold by
Cova Jeffrey Michael and Cova Anne Marie
Bought by
Cova Jeffrey Michael and Cova Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Cova Jeffrey M and Cova Anne M
Bought by
Cova Jeffrey Michael and Cova Anne Marie

Purchase Details

Closed on
Jun 29, 2006
Sold by
Warmington Meriden Associates Lp
Bought by
Cova Jeffrey M and Cova Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Damaris L Medina Trust -- None Listed On Document
Medina Damaris L -- New Title Company Name
Medina Damaris L -- None Available
Geach Adam $1,775,000 California Title Company
Schmidt Jacob James $1,675,000 Chicago Title Co
J & A Cova Family Trust -- Accommodation
Cova Jeffrey Michael -- Title365
Cova Jeffrey Michael -- Accommodation
Cova Jeffrey Michael -- Advantage Title
Cova Jeffrey Michael -- First American Title
Cova Jeffrey M $1,325,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Damaris L $1,367,000
Previous Owner Geach Adam $1,420,000
Previous Owner Schmidt Jacob James $1,295,000
Previous Owner Cova Jeffrey Michael $663,000
Previous Owner Cova Jeffrey Michael $720,000
Previous Owner Cova Jeffrey M $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2019 04/17/19 Sold $1,775,000 0.0% $446 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $1,775,000 +6.0% $446 / Sq Ft
03/19/2018 03/19/18 Sold $1,675,000 -4.2% $426 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,749,000 -- $445 / 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 $25,473 $1,980,044 $864,527 $1,115,517
2024 $25,473 $1,941,220 $847,575 $1,093,645
2023 $24,989 $1,903,157 $830,956 $1,072,201
2022 $24,866 $1,865,841 $814,663 $1,051,178
2021 $24,453 $1,829,256 $798,689 $1,030,567
2020 $24,150 $1,810,500 $790,500 $1,020,000
2019 $23,325 $1,708,500 $738,218 $970,282
2018 $20,303 $1,410,660 $471,483 $939,177
2017 $20,171 $1,383,000 $462,238 $920,762
2016 $20,357 $1,383,000 $462,238 $920,762
2015 $19,584 $1,284,000 $439,455 $844,545
2014 $17,933 $1,110,568 $266,023 $844,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19044973

California Regional Multiple Listing Service (CRMLS)

APN: 741-441-04