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28 Mercato

28 Mercato, Laguna Niguel, CA 92677
Property in Marina Hills
Sold Aug 25, 1993
$176,000
$320,000 by Quicken Loans Llc
Mortgage Due Jan 01, 2041
Local assessors in Laguna Niguel, CA have categorized 28 Mercato as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 3,420 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 28 Mercato has a total of 1,559 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 499 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 28 Mercato was last sold in Jan 1, 1970 for $176,000. According to our calculations, that's $112.89 per sqft. Current property owners are expected to pay $3,249 in taxes per year. The property on 28 Mercato was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $326,721. To break that down further, the land itself was valued at $125,063. While improvements to the property were assessed at a total of $201,658. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 499
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,420
  • Total Building Area: 1,559
  • Building Area: 1,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,559
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 12681
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12681 BLK LOT 14

Ownership

  • Current Owner : BRISCOE JOHN K
  • Current Owner 2: BRISCOE JAMES H
  • Previous Owner : WORLD S & L ASSN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • 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: 653-271-67
  • Lot: 14
  • Latitude: 33.5248
  • Longitude: -117.691

    Address

  • Full Address: 28 Mercato
  • Address - House Number: 28
  • 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: $3,249
  • Tax Rate Code Area: 29-063

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 1,076,918
  • High Value: 1,284,183
  • Low Value: 869,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041
  • Second Open Lien Mortgage Lender: PENTAGON FCU
  • Second Open Lien Mortgage Recording Date: Sep 14, 2021
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 12, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,721
  • Assessed Land Value: $125,063
  • Assessed Improvements Value: $201,658

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 25, 1993
  • Current Sale Transaction ID: 1143856185
  • Current Sale Price: $176,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 93-0570438

    Last Sale Mortgage

  • First Mortgage Lender: WORLD S & L ASSN
  • First Mortgage Transaction Date: Aug 25, 1993
  • First Mortgage Loan Amount: $158,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2023

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 28 Mercato located in?
The 28 Mercato is a located in the neighborhood of Marina Hills in Marina Hills, Laguna Niguel.
What is the average sales price for listings in 28 Mercato?
The average sales price for units in 28 Mercato is $0 currently.

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