NOT LISTED FOR SALE

Estimated Value: $3,125,000 - $3,470,000

4 Beds
3.5 Baths
4,005 Sq Ft
$826/Sq Ft Est. Value

Highlights

  • Gated with Attendant
  • Filtered Pool
  • Ocean Side of Freeway
  • John Malcom Elementary School Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of July 2023

This sophisticated residence is offered in several creative ways. It can be leased unfurnished or fully furnished. If the Fully furnished choice is made, the designer quality accoutrements will include housekeeping service twice a month and interior plant service. Perched upon an elevated and rare oversized flat lot configured with 2 yards that are perfect for entertaining, this gracious floor plan has always been a crowd pleaser. The residence has been completely customized with a stunning formal entry that opens to formal living and dining rooms with designer wall finishes, fireplace and pool view. The Living Room has high ceilings providing abundant natural light and the Dining Room has a coffered ceiling and choices of mood lighting for romantic dining or large dinner parties along with a view into serene pool and yard areas. The casual room has an angular fireplace to be enjoyed from 3 areas of this open floor plan and a showcase serving bar compliments the remodeled modern kitchen with large island & breakfast counter, imported porcelain floors, custom cabinetry, Wolf gas range, a stone enhanced peninsula w/waterfall and charming breakfast nook with statement lighting. There is a main floor en-suite bedroom and a lovely powder room along with full size laundry room to finish off the main level. In addition to the sweeping formal staircase there is a convenience staircase to the second level of this home. Upstairs a large Bonus Room is centered between 2 secondary bedrooms and Hollywood Bathroom. The primary suite spans the entire width on the home with a dual sided fireplace, full retreat area and view deck. Magnificent primary bathroom with separate tub / shower and under-lit Onyx stone cabinetry plus a surprisingly large closet area and custom-built shoe and handbag racks. The side yard and rear yard pool area provide a respite from daily trivialities with a thoughtfully designed loggia entertainment and TV area, a serving bar, refrigeration, dishwasher, ice maker, BBQ cook center and pool / spa area with waterfall, firepits and patio areas embraced by a tranquil tropical landscape theme. 3 car garage with Tesla charger, storage area and wine cellar. Convenient to shopping, restaurants, and schools. And just 1.5 miles to clean sandy beaches and the marina, 2 tennis clubs and 2 golf courses. Tenant pays all utilities and renters insurance policy. Lease price includes gardener and pool service.

Last Agent to Rent the Property

Michael Caruso

Christie's International R.E. Southern California License #01073919 Listed on: 03/24/2023

Christie's International R.E. Southern California

Co-Listed By

Phillip Caruso

Christie's International R.E. Southern California License #01934516

Last Renter's Agent

Michael Caruso

Christie's International R.E. Southern California License #01073919 Listed on: 03/24/2023

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,313

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Sprinklers on Timer
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Driveway

Property Views

  • Pool
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,005 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Dual Staircase
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Ocean Side of Freeway
  • Stone Porch or Patio
  • Lanai
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $29,990
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 7/1/23
  • Tax Lot 3
  • Tax Tract Number 12958
  • Assessor Parcel Number 67371112

Community Details

Overview

  • Property has a Home Owners Association
  • $395 HOA Transfer Fee
  • Ocean Ranch Association
  • Bear Brand Association
  • Built by Shea Homes The Residences at Ocean Ranch
  • Ocean Ranch ~ Residence Subdivision, Encore Floorplan

Recreation

  • Sport Court
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,313

Year Built

Built in 1994 | Remodeled

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 350
  • Deposit Pets: 3500
  • Deposit Security: 29990
  • Furnished: Furnished
  • Pets Allowed: Dogs OK, Number Limit, Size Limit, Yes
  • Total Move In Costs: 31840.00
  • Transfer Fees: 395.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Fully Furnished
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Ocean Ranch ~ Residence (BBO)
  • View: Yes
  • Zoning: R
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67371112
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4005.00 Square Feet
  • Interior Amenities: 2 Staircases, Coffered Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Primary Retreat, Gas, Gas Starter, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.74
  • Room Type: Bonus Room, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Gunite, Heated, In Ground
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Builder Name: Shea Homes The Residences at Ocean Ranch
  • Patio And Porch Features: Concrete, Lanai, Patio, Patio Open, Stone
  • Pool Features: Private, Association, Filtered, Gunite, Heated, Gas Heat, In Ground, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Single Door, Side by Side, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Underground Utilities, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Electric Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
  • Heating Type: Central, Fireplace(s), Forced Air, Zoned
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Bear Brand
  • Amenities: Pool, Sport Court, Guard
  • Association Name: Ocean Ranch
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 10000-19999 Sqft, Level, Near Public Transit, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 11645.00
  • Lot Size Acres: 0.2673

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 24 Months, 6 Months
  • Lot Size Area: 11645.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.32
  • Tax Lot: 3
  • Tax Tract Number: 12958

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2013
Sold by
Palumbo Diane and Palumbo Jeffrey
Bought by
Palumbo Jeffrey J and Palumbo Diane O
Current Estimated Value
$3,309,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2010
Sold by
Palumbo Diane and Palumbo Jeffrey
Bought by
Palumbo Jeffrey J and Palumbo Diane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2010
Sold by
Palumbo Diane and Palumbo Jeffrey
Bought by
Palumbo Jeffrey J and Palumbo Diane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2008
Sold by
Palumbo Jeffrey J and Palumbo Diane Osifchok
Bought by
Palumbo Jeffrey J and Palumbo Diane O

Purchase Details

Closed on
May 5, 2008
Sold by
Family Trust Of Jeffrey J Palumbo & Dian
Bought by
Palumbo Jeffrey J and Palumbo Diane Osifchok

Purchase Details

Closed on
Jul 3, 2003
Sold by
Palumbo Jeffrey J and Palumbo Diane O
Bought by
Palumbo Jeffrey J and Palumbo Diane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Palumbo Jeffrey J and Palumbo Diane
Bought by
Family Tr Jeffrey J & Diane Osifchok Pal

Purchase Details

Closed on
Nov 3, 1997
Sold by
Shea Homes Ltd Partnership
Bought by
Palumbo Jeffrey J and Palumbo Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
7.26%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 1, 1995
Sold by
Shea Homes Ltd Partnership
Bought by
Palumbo Jeffrey J and Palumbo Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.25%
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
Palumbo Jeffrey J -- Accommodation
Palumbo Diane -- Fidelity National Title Co
Palumbo Jeffrey J -- Fidelity National Title Co
Palumbo Diane -- Civic Center Title Services
Palumbo Jeffrey J -- Accommodation
Palumbo Diane -- Multiple
Palumbo Jeffrey J -- None Available
Palumbo Jeffrey J -- None Available
Palumbo Jeffrey J -- Fidelity National Title
Family Tr Jeffrey J & Diane Osifchok Pal -- --
Palumbo Jeffrey J -- First American Title Ins Co
Palumbo Jeffrey J $585,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Jeffrey J $510,400
Closed Palumbo Diane $625,500
Closed Palumbo Diane $710,000
Closed Palumbo Diane $729,750
Closed Palumbo Jeffrey J $200,000
Closed Palumbo Jeffrey J $990,000
Closed Palumbo Jeffrey J $260,000
Closed Palumbo Jeffrey J $927,500
Closed Palumbo Jeffrey J $650,000
Closed Palumbo Jeffrey J $544,000
Closed Palumbo Jeffrey J $33,650
Previous Owner Palumbo Jeffrey J $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Rented $14,995 0.0% --
07/23/2023 07/23/23 Off Market $14,995 -- --
03/24/2023 03/24/23 For Rent $14,995 -- --
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 $10,313 $1,037,935 $419,480 $618,455
2024 $10,313 $1,017,584 $411,255 $606,329
2023 $10,095 $997,632 $403,191 $594,441
2022 $9,903 $978,071 $395,285 $582,786
2021 $9,712 $958,894 $387,535 $571,359
2020 $9,615 $949,062 $383,561 $565,501
2019 $9,542 $930,453 $376,040 $554,413
2018 $9,490 $912,209 $368,666 $543,543
2017 $9,252 $894,323 $361,437 $532,886
2016 $9,223 $876,788 $354,350 $522,438
2015 $8,976 $863,618 $349,027 $514,591
2014 $8,829 $846,701 $342,190 $504,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23048972

California Regional Multiple Listing Service (CRMLS)

APN: 673-711-12