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27 Mercato

27 Mercato, Laguna Niguel, CA 92677
Property in Marina Hills
Sold Feb 11, 2020
$700,000
$377,645 by Quicken Loans Inc
Mortgage Due Mar 01, 2050
Sold Aug 04, 2017
$720,000
$375,000 by The Turnkey Foundation Inc
Mortgage Due Aug 01, 2047
27 Mercato has been categorized by the local assessors in Laguna Niguel, CA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 27 Mercato has 1,426 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,300 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 445 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 27 Mercato sold most recently in Feb 3, 2020 for a total of $700,000. If you work out the math, that's approximately a cost of $490.88 per sqft. Before that, the property was also sold for $720,000 in Jul 20, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,900 in taxes each year. 27 Mercato was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $787,313. If we break it down further, the land itself was valued at $627,818. Improvements to the property, however, were assessed at a total of $159,495. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 445
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,426
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 12681
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12681 BLK LOT 19

Ownership

  • Current Owner : BARRETT SAMANTHA
  • Current Owner 2: BARRETT MICK
  • Previous Owner : BARRETT BARBARA J
  • Owner Before Previous Owner: BIDDLE DAVID O
  • Owner Before Previous Owner 2: BIDDLE REBECCA R
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 042330

Geography

  • Assessors Map Reference: 35-F4
  • Subdivision Tract Number: 12681
  • Parcel: 653-271-62
  • Lot: 19
  • Latitude: 33.5252
  • Longitude: -117.691

    Address

  • Full Address: 27 Mercato
  • Address - House Number: 27
  • Address - Street Name: Mercato
  • State: CA
  • City Name: Laguna Niguel
  • Carrier Code: C072
  • 4-Digit Zip Code: 8916
  • Zip Code: 92677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,900
  • Tax Rate Code Area: 29-063

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 1,146,001
  • High Value: 1,364,704
  • Low Value: 927,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $377,645
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 11, 2020
  • First Open Lien Mortgage Loan Amount: $377,645
  • 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: Mar 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,313
  • Assessed Land Value: $627,818
  • Assessed Improvements Value: $159,495

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 11, 2020
  • Current Sale Transaction ID: 11730374560
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000056822
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Contract Date: Jul 20, 2017
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Feb 11, 2020
  • First Mortgage Loan Amount: $377,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE TURNKEY FOUNDATION INC
  • Previous Mortgage Transaction Date: Aug 04, 2017
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 27 Mercato located in?
The 27 Mercato is a located in the neighborhood of Marina Hills in Marina Hills, Laguna Niguel.
What is the average sales price for listings in 27 Mercato?
The average sales price for units in 27 Mercato is $0 currently.

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