NOT LISTED FOR SALE

8 Cloister Ct Ladera Ranch, CA 92694

Estimated Value: $5,593,267 - $6,371,000

5 Beds
6.5 Baths
5,907 Sq Ft
$990/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $3,015,000 $510 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $36,569/month

162 Days on Market

Highlights

  • 24-Hour Security
  • Newly Remodeled
  • Primary Bedroom Suite
  • Oso Grande Elementary School Rated A
  • In Ground Spa
  • 2-minute walk to Mission Hills Park

About This Home

As of June 2017

NEW! Bask in Elegance in This Never Before Lived in Covenant Hills Estate!  New, New, New Custom Artisan Ready for Immediate Occupancy. Reminiscent of Old World Europe w/ Stone Finishes, Quaint Courtyards, Loggias & Smooth Coat Finishes Yet, Equipped w/ All the Luxuries &  Conveniences of Modern Ingenuity. Sophisticated Interior Sets the Stage for Casual Living in This Brand New California-European Inspired Estate w/ Pano City Light & Mountain Views. Generously Proportioned 5 Bedroom, 6.5 Bath w/ Approx 5907 SQFT Set on a Large, Nearly 14,000 SQFT Lot, with Inviting Private Cul-DeSac Location. Details: Dramatic Vaulted Ceilings, Circular Staircase, Formal Dining, Exceptional Great Room w/ Abundance of Windows, Formal Living w/ Wood Beam Ceilings & Fireplace, Downstairs Suite Room, Lrg En-Suite BR's, Upstairs Laundry Included, Additional Utility Room Down w/ Built-In Bar, Airy Second Level Loft, Gourmet Kitchen Featuring Large Taj Majhal Quartz Island, Wolf Appliances, Butler's Pantry Including Additional Refrigeration & Built-In Wolf & Coffee Maker. Sumptuous Master w/ Endless Views, Private Balcony, Fitting Closet, Dazzling Tumbled Marble and Limestone Finishes. Sparing No Expense w/ Nantucket French White Oak & Marble Flooring, Barrel Vault Custom Detail, Soft Close Cabinetry, Vaulted Foyer w/ Stunning Second Level Showroom. Private Motorcourt w/ Auto Gates to 4 Car Epoxy Garage & Beautiful Hardscape Including Private Spa, Firepit, Stone & Olive Tree Finishes.

Last Agent to Sell the Property

Timothy Wolter

Ladera Realty License #01384317 Listed on: 12/06/2016

Last Buyer's Agent

CaLee McManus

Monarch Real Estate License #01755978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,771

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Private Yard

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Planned Development
  • Slab Foundation

Interior Spaces

  • 5,907 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Loft
  • Bonus Room

Kitchen

  • Galley Kitchen
  • Kitchenette
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • In Ground Spa
  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 15985
  • Assessor Parcel Number 74126313

Community Details

Amenities

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

Recreation

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

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,771

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$448 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74126313
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5907.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Pantry, Recessed Lighting, Stone Counters, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 510.41
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Galley Kitchen, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • 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, Hiking Trails, Clubhouse
  • Association Fee: 448.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

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: Cul-De-Sac, Lot 10000-19999 Sqft, Planned Unit Development, Yard
  • Lot Size Sq Ft: 14000.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 15985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Current Estimated Value
$5,848,817

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jun 5, 2017
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
CaLee McManus
Monarch Real Estate
List Price
$3,450,000
Sold Price
$3,015,000
Premium/Discount to List
-$435,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$2,261,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 6, 2016
Closed on
May 23, 2017
Sold by
Mahoney Kathleen T
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
CaLee McManus
Monarch Real Estate
List Price
$3,450,000
Sold Price
$3,015,000
Premium/Discount to List
-$435,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,261,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2016
Sold by
William Lyon Homes Inc
Bought by
Mahoney Kathleen T and The Mahoney Trust

Purchase Details

Closed on
Dec 3, 2013
Sold by
Dmb Ladera Llc
Bought by
William Lyon Homes Inc
Source: Public Records

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
-- -- None Available
-- -- Chicago Title Company
-- $3,015,000 Chicago Title Company
Mahoney Kathleen T $3,672,500 First American Title Company
William Lyon Homes Inc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $2,065,500
Closed -- $2,261,250
Closed William Lyon Homes Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $3,015,000 -12.6% $510 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $3,450,000 +14.4% $584 / Sq Ft
04/10/2017 04/10/17 Off Market $3,015,000 -- --
02/18/2017 02/18/17 For Sale $3,450,000 +14.4% $584 / Sq Ft
02/16/2017 02/16/17 Off Market $3,015,000 -- --
02/16/2017 02/16/17 For Sale $3,450,000 +14.4% $584 / Sq Ft
02/09/2017 02/09/17 Off Market $3,015,000 -- --
02/09/2017 02/09/17 For Sale $3,450,000 +14.4% $584 / Sq Ft
02/08/2017 02/08/17 Off Market $3,015,000 -- --
01/08/2017 01/08/17 Price Changed $3,450,000 -6.6% $584 / Sq Ft
12/06/2016 12/06/16 For Sale $3,695,000 -- $626 / 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 $51,771 $4,340,356 $2,598,436 $1,741,920
2024 $51,771 $4,255,251 $2,547,486 $1,707,765
2023 $50,756 $4,171,815 $2,497,535 $1,674,280
2022 $50,193 $4,090,015 $2,448,564 $1,641,451
2021 $49,352 $4,009,819 $2,400,553 $1,609,266
2020 $48,078 $3,897,279 $2,375,938 $1,521,341
2019 $48,322 $3,820,862 $2,329,351 $1,491,511
2018 $47,916 $3,745,944 $2,283,678 $1,462,266
2017 $47,818 $3,672,495 $2,238,900 $1,433,595
2016 $24,736 $1,523,051 $761,117 $761,934
2015 $14,088 $749,685 $749,685 $0
2014 $14,328 $735,000 $735,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16756130

California Regional Multiple Listing Service (CRMLS)

APN: 741-263-13