NOT LISTED FOR SALE

75 Mercantile Way Ladera Ranch, CA 92694

Estimated Value: $1,263,255 - $1,288,000

4 Beds
2.5 Baths
1,867 Sq Ft
$685/Sq Ft Est. Value

Last Sold September 11, 2013

Last sale price $575,000 $308 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,736/month

25 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Chaparral Elementary School Rated A
  • Private Yard
  • Cottage

About This Home

As of September 2013

The Gables community is in the heart of Ladera Ranch. Walk up the path to this cottage style home & you will feel welcome-blooming flowers, picket fence, a cozy porch, tropical plants by the front door. Warm designer colors invite you in. Cuddle near the fireplace or watch TV dramas unfold from the armoire housing the TV. Buttercup yellow makes cooking fun in this well-equipped eat-in kitchen. Sparkling white counters contrast with honey oak cabinets. There is a spacious dining area with plantation shutter sliders leading to the outdoor entertaining space--room for a kitchen w/plenty left for lounging. All 4 bedrooms are upstairs. The Master suite is expansive & leads to your bath with its dual vanities, luxurious oval tub & separate glass enclosed shower w/rain shower head. Two other bedrooms are located down the hall, each with ample space. The 4th bedroom is currently being used as an upstairs family retreat. It would also make a great office. Located in the Township Village of Ladera Ranch, you can walk to Mercantile Center w/its restaurants & shops. Around the corner is one of the 5 Clubhouses each with a pool. Watch fireworks at the park, play tennis or stop by the sport or skate park. This community has everything. All it needs is YOU!

Last Agent to Sell the Property

Sandi & Debbie Clark

First Team Real Estate License #01264896 Listed on: 06/23/2013

First Team Real Estate

Co-Listed By

Debbie Miller

First Team Real Estate License #01734292

Last Buyer's Agent

Sandi & Debbie Clark

First Team Real Estate License #01264896 Listed on: 06/23/2013

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,131

Year Built

  • Built in 2001

Lot Details

  • 2,235 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Front Yard Sprinklers
  • Private Yard
  • Zero Lot Line

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Cottage
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,867 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 15886
  • Assessor Parcel Number 75946148

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • Built by K. Hovnanian

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,131

Year Built

Built in 2001

Lot Details

0

HOA Fees

$212 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, living room mirror, media cabinet w/TV, spice cabinet in kitchen, fountain, garage cabinets
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: The Gables (GABL)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 75946148
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1867.00
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 307.98
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Excellent Condition
  • Builder Name: K. Hovnanian
  • Patio And Porch Features: Stone
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Clubhouse, Hiking Trails, Outdoor Cooking Area, Picnic Area, Playground, Pool, Sport Court, Tennis Court(s)
  • Association Fee: 212.00
  • Association Fee Frequency: Monthly
  • Association Name: Larmac
  • Phone: 9492180900
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Lot Features: Sprinklers In Front, Yard, Zero Lot Line
  • Lot Size Sq Ft: 2235.00
  • Lot Size Acres: 0.0510

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2235.0000 Square Feet
  • Number Of Units In Community: 112
  • Number Of Units Total: 112

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 15886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2013
Closed on
Jul 21, 2013
Sold by
Primo C Stephen and Osuna Luis A
Bought by
Mccall Nora and Silva Rosendo
Seller's Agent
Sandi & Debbie Clark
First Team Real Estate
Buyer's Agent
Sandi & Debbie Clark
First Team Real Estate
List Price
$610,000
Sold Price
$575,000
Premium/Discount to List
-$35,000
-5.74%
Current Estimated Value
$1,279,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,314
Avg. Annual Appreciation
6.82%
Original Mortgage
$460,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2001
Sold by
K Hovnanian At The Gables Llc
Bought by
Primo C Stephen and Osuna Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,300
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Mccall Nora $575,000 Ticor Title Company Of Ca
Primo C Stephen $339,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccall Nora $460,000
Previous Owner Primo C Stephen $271,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2013 09/11/13 Sold $575,000 -3.4% $308 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/08/2013 07/08/13 Price Changed $595,000 -2.5% $319 / Sq Ft
06/23/2013 06/23/13 For Sale $610,000 -- $327 / 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 $9,131 $704,864 $478,655 $226,209
2024 $9,131 $691,044 $469,270 $221,774
2023 $8,989 $677,495 $460,069 $217,426
2022 $8,851 $664,211 $451,048 $213,163
2021 $8,724 $651,188 $442,204 $208,984
2020 $8,603 $644,511 $437,669 $206,842
2019 $8,691 $631,874 $429,087 $202,787
2018 $8,630 $619,485 $420,674 $198,811
2017 $8,708 $607,339 $412,426 $194,913
2016 $8,618 $595,431 $404,339 $191,092
2015 $8,643 $586,488 $398,266 $188,222
2014 $8,687 $575,000 $390,465 $184,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13121703

California Regional Multiple Listing Service (CRMLS)

APN: 759-461-48