NOT LISTED FOR SALE

8 Paniolo Rd Ladera Ranch, CA 92694

Estimated Value: $3,581,000 - $3,885,000

4 Beds
4.5 Baths
4,225 Sq Ft
$880/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $2,427,500 $575 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $22,751/month

44 Days on Market

Highlights

  • 24-Hour Security
  • Cabana
  • Custom Home
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • Peek-A-Boo Views

About This Home

As of June 2018

MUST SEE this SPECTACULAR Semi-Custom home with over 650k in builder & owner upgrades that sits on a PREMIER end of cul-de-sac lot in the luxurious gated community of Covenant Hills! No expense spared in this home featuring 3 bedrooms down & 1 bedroom & BONUS ROOM up, each with their own en-suite bathrooms. This ESTATE features a formal dining room, family room with custom wooden beams, pocket doors on both sides that lead out to the backyard and courtyard, an EXQUISITE Chef’s Kitchen with Thermador appliances, steam oven, warming drawer, 2 dishwashers, stainless steel farmhouse sink, honed Granite & Quartz Counters with custom Carrera Marble Subway Tile backsplash & custom wooden butcher block. The kitchen also features a built in walk-in pantry & separate office area. Finishes include White French Oak 7” wood floors, Limestone & Travertine flooring in baths, Berber carpet, and Surround sound throughout. The elegant Master Bedroom offers custom built-ins, a luxurious bathroom with Carrera Marble Sunken Tub, Marble Countertops, Limestone Floors, Designer Closets throughout by CA Closets, plantation shutters & custom automated blinds & woven woods. Step into the backyard and experience the feeling of a LAVISH HOTEL with cast-stone fountain, HUGE outdoor structure with full size kitchen & bar with TV, heaters, large SUB ZERO refrigerator, LYNX BBQ, Ice Maker, Pool, 8 person spa, Cabana, glass fire pit, organic fruit & veggie garden, solar panels & plummed for a casita!

Last Agent to Sell the Property

Gabriela Haimes

Coldwell Banker Realty License #01277054 Listed on: 03/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Sherri Van Wagenen

Ready Properties License #01866739

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Irregular Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Property Views

  • Peek-A-Boo
  • Pool
  • Neighborhood

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Clay Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,225 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Roller Shields
  • Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Free-Standing Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

  • Alarm System
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Solar owned by a third party
  • Solar Heating System

Pool

  • Cabana
  • Pebble Pool Finish
  • Filtered Pool
  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Gunite Spa
  • Solar Heated Spa
  • Waterfall Pool Feature

Outdoor Features

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

Location

  • Suburban Location

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Cooling and Heating System
  • High Efficiency Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Water Purifier
  • Sewer Paid
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 16586
  • Assessor Parcel Number 74143356

Community Details

Overview

  • Larmac Association, Phone Number (949) 021-8090

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Legacy Collection (LEGCH)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74143356
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4225.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Home Automation System, Intercom, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Tandem, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Outside, Gas
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 574.56
  • Room Type: Bonus Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Community, Association, Gunite, Heated, In Ground, Private, Solar Heated
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Plantation Shutters, Roller Shields, Screens, Shutters
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters, Satellite Dish
  • View: Neighborhood, Peek-A-Boo, Pool
  • Patio And Porch Features: Cabana, Concrete, Enclosed, Front Porch
  • Pool Features: Association, Community, Private, In Ground, Waterfall, Salt Water, Filtered, Heated, Solar Heat, Gas Heat, Pebble
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Paved, Garage Faces Front, Garage - Single Door, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Warming Drawer, Water Purifier
  • Electric: Photovoltaics Third-Party Owned
  • Heating Type: Forced Air, Solar, ENERGY STAR Qualified Equipment, High Efficiency, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 9490-218-0900
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 14659.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 79
  • Tax Tract Number: 16586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2014
Sold by
Warmington Legacy Associates Llc
Bought by
The Salamirad Family Trust
Current Estimated Value
$3,719,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,300
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2005
Sold by
The Salamirad Family Trust
Bought by
Zierhut Peter Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Salamirad Family Trust $1,565,500 First American Title Company
Zierhut Peter Randall $2,427,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Salamirad Family Trust $1,252,300
Previous Owner Zierhut Peter Randall $1,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $2,427,500 -2.7% $575 / Sq Ft
06/27/2018 06/27/18 Price Changed $2,495,000 0.0% $591 / Sq Ft
06/27/2018 06/27/18 For Sale $2,495,000 0.0% $591 / Sq Ft
03/12/2018 03/12/18 For Sale $2,495,000 -- $591 / 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 $35,029 $2,762,078 $1,503,833 $1,258,245
2024 $35,029 $2,707,920 $1,474,346 $1,233,574
2023 $34,362 $2,654,824 $1,445,437 $1,209,387
2022 $34,089 $2,602,769 $1,417,095 $1,185,674
2021 $33,521 $2,551,735 $1,389,309 $1,162,426
2020 $33,127 $2,525,571 $1,375,064 $1,150,507
2019 $33,190 $2,476,050 $1,348,101 $1,127,949
2018 $25,475 $1,740,908 $696,247 $1,044,661
2017 $25,349 $1,706,773 $682,595 $1,024,178
2016 $25,229 $1,673,307 $669,210 $1,004,097
2015 $24,392 $1,565,435 $659,158 $906,277
2014 $14,460 $540,442 $540,442 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18058599

California Regional Multiple Listing Service (CRMLS)

APN: 741-433-56