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5 Drackert Lane

5 Drackert Lane, Ladera Ranch, CA 92694
Property in Orange
Sold Jan 27, 2021
$1,255,000
$1,129,374 by Us Bank Na
Mortgage Due Feb 01, 2051
Sold Nov 12, 2008
$840,000
$610,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2038
5 Drackert Lane in Ladera Ranch, CA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5 Drackert Lane has 3,591 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,657 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 622 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5 Drackert Lane sold most recently in Dec 16, 2020 for a total of $1,255,000. If you work out the math, that's approximately a cost of $349.48 per sqft. Before that, the property was also sold for $840,000 in Oct 15, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,783 in taxes each year. 5 Drackert Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,305,702. If we break it down further, the land itself was valued at $512,552. Improvements to the property, however, were assessed at a total of $793,150. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 622
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,657
  • Total Building Area: 3,591
  • Building Area: 3,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 3,591
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 16392
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 16392 BLK LOT 25

Ownership

  • Current Owner : PETERSON ORVILLE C
  • Current Owner 2: PETERSON SHANNON R
  • Previous Owner : MACDONALD JOHN R
  • Owner Before Previous Owner: UNION BANK OF CALIFORNIA NA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032058

Geography

  • Subdivision Tract Number: 16392
  • Parcel: 741-551-16
  • Lot: 25
  • Latitude: 33.5404
  • Longitude: -117.64

    Address

  • Full Address: 5 Drackert Ln
  • Address - House Number: 5
  • Address - Street Name: Drackert
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Ladera Ranch
  • Carrier Code: R055
  • 4-Digit Zip Code: 1400
  • Zip Code: 92694

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,783
  • Tax Rate Code Area: 82-378

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,918,276
  • High Value: 2,273,902
  • Low Value: 1,562,650

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,379,374
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,129,374
  • 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, 2051
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Apr 04, 2022
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,305,702
  • Assessed Land Value: $512,552
  • Assessed Improvements Value: $793,150

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11815384843
  • Current Sale Price: $1,255,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000058644
  • Previous Sale Recording Date: Nov 12, 2008
  • Previous Sale Contract Date: Oct 15, 2008
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $1,129,374
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 12, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $610,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Ladera Ranch



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Frequently Asked Questions

What neighborhood is 5 Drackert Lane located in?
The 5 Drackert Lane is a located in the neighborhood of Orange in Ladera Ranch, Ladera Ranch.
What is the average sales price for listings in 5 Drackert Lane?
The average sales price for units in 5 Drackert Lane is $0 currently.

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