See Home Value
$2,952,000 - $3,608,000
House - Off Market

22 Palma Valley

Coto de Caza, CA 92679
bedrooms
6 Beds
bathrooms
7 Baths
square feet
7000 Sqft
Sold Jan 31, 2024
$3,225,000
$1,612,500 by Cathay Bank
Mortgage Due Feb 01, 2054
Sold Apr 18, 2006
$2,600,000
$1,006,000 by Indymac Bank Fsb
Mortgage Due May 01, 2036

About This Property

Wonderful Opportunity to own this beautiful Custom Estate in Coto. Approximately 7,000 square feet of enjoyment. Private gated estate sits on 2.69 acres with panoramic views of Coto Valley, saddleback mountains, and sunsets from the 840' of wrap-around balcony surrounding the home. Beautiful hardwood & travertine flooring throughout, granite and stone counters, huge kitchen to entertain your guest and family, pretty light fixtures, custom paint and much more to enjoy. A must to see! Incredible custom 3 stall barn with tack room and arena. Miles of riding and hiking trails just steps away from your barn. Detached 2 room casita that is a professional recording studio, private guest quarters or office. This estate has it all, privacy, views, square footage & acreage. You can even put your own vineyard that you have been dreaming about or you have plenty of land for pasture space for your horses to roam around free. The barn could be converted into a guest house or huge barbecue and kitchen outdoor entertaining area with plenty of room for a pool. Well and water rights included. Home is located in the exclusive East Ridge Estates. Coto de Caza is a private exclusive gated community offering a private country club which includes 36 Hole championship golf course, tennis courts, swim and sport club memberships available. Close to OC business, toll roads, restaurants, shopping and airport. This custom estate is a rare to find in Coto at this price. Don't miss this opportunity!

The manager has listed the unit size as 7000 square feet.
Unit Size
7,000Ft²
Days on Market
-
Land Size
2.69 acres
Price per sqft
$469
Property Type
House
Property Taxes
-
HOA Dues
$270
Year Built
1991

Price History

Date / Event Date Event Price
Feb 2, 2024 No longer available -
No longer available
Jan 31, 2024 Sold to Hui Yan, Jade Yan $3,225,000
Sold to Hui Yan, Jade Yan
Dec 4, 2023 In contract -
In contract
Nov 25, 2023 Price Decreased $3,280,000
↓ $170K (4.9%)
Price Decreased
Jun 18, 2023 Price Decreased $3,450,000
↓ $530K (13.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 117,135
  • Total Building Area: 6,546
  • Building Area: 6,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 6,546
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 13015
  • Land Acres: 2.689
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13015 BLK LOT 45

Ownership

  • Current Owner : YAN HUI
  • Current Owner 2: YAN JADE
  • Previous Owner : BELL FLORENCE CELIA
  • Previous Owner 2: DIAMOND MYRNA DOREEN
  • Owner Before Previous Owner: SHOOK LOREN B
  • Owner Before Previous Owner 2: SHOOK CHRISTIE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032044

Geography

  • Assessors Map Reference: 59-D6
  • Subdivision Tract Number: 13015
  • Parcel: 804-391-08
  • Lot: 45
  • Latitude: 33.601
  • Longitude: -117.577

    Address

  • Full Address: 22 Palma Vly
  • Address - House Number: 22
  • Address - Street Name: Palma
  • Address - Suffix Type: Vly
  • State: CA
  • City Name: Trabuco Canyon
  • Carrier Code: C022
  • 4-Digit Zip Code: 4736
  • Zip Code: 92679

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,216
  • Tax Rate Code Area: 82-332

    Appraisal Valuation

  • Standard Deviation: 0.0505
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 99
  • Final Value: 3,068,505
  • High Value: 3,223,708
  • Low Value: 2,913,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,612,500
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Jan 31, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,612,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,601,000
  • Assessed Land Value: $1,062,249
  • Assessed Improvements Value: $1,538,751

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11919912194
  • Current Sale Price: $3,225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22578
  • Previous Sale Recording Date: Apr 18, 2006
  • Previous Sale Contract Date: Jan 30, 2006
  • Previous Sale Amount: $2,600,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Jan 31, 2024
  • First Mortgage Loan Amount: $1,612,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Apr 18, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,006,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Summerfield


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 46 Sawgrass, Coto de Caza, CA, 92679

$6,800 /mo

  • 5 Beds
  • 4.5 Baths
  • 3,482 ft²
46 Sawgrass, Coto De Caza, CA, 92679 Listing by Fan Zhang


Frequently Asked Questions

When was property at 22 Palma Valley built and last sold?
The property at 22 Palma Valley was built in 1991 and last sold on Dec 6, 2023 for $3,225,000.
How much is this home worth?
The estimated value of the home located at 22 Palma Valley is $3,312,800.
What are some comparable homes to 22 Palma Valley?
There are currently no comparable homes to 22 Palma Valley.

Quantcast