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5 Petra

5 Petra, Ladera Ranch, CA 92694
Townhouse in Orange
Sold Jul 25, 2022
$2,350,000
$1,880,000 by Caliber Home Loans Inc
Mortgage Due Aug 01, 2052
Sold Apr 02, 2021
$1,795,000
Local assessors in Ladera Ranch, CA have categorized 5 Petra as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 9,235 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5 Petra has a total of 4,695 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 622 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 Petra sold most recently in Jul 1, 2022 for a total of $2,350,000. If you work out the math, that's approximately a cost of $500.53 per sqft. Before that, the property was also sold for $1,795,000 in Mar 30, 2021. 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 $30,646 in taxes each year. The initial year of tax delinquency occurred in 2022. 5 Petra was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,350,000. If we break it down further, the land itself was valued at $1,026,216. Improvements to the property, however, were assessed at a total of $1,323,784. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
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: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 622
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 4,695
  • Building Area: 4,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN DONATO
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15985 BLK LOT 3 TRACT 15985 LOT 3 POR OF LOT AND POR OF LOT 4

Ownership

  • Current Owner : JUSTIN D SHARP REVOCABLE TRUST
  • Previous Owner : NELSON FAMILY TRUST
  • Owner Before Previous Owner: PARKER WILLIAM K
  • Owner Before Previous Owner 2: PARKER SUSAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 15985
  • Parcel: 741-262-21
  • Lot: 3,4
  • Latitude: 33.5396
  • Longitude: -117.628

    Address

  • Full Address: 5 Padre Pl
  • Address - House Number: 5
  • Address - Street Name: Padre
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Ladera Ranch
  • Carrier Code: R056
  • 4-Digit Zip Code: 1500
  • Zip Code: 92694

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,646
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 82-378

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 2,603,618
  • High Value: 3,086,299
  • Low Value: 2,120,938

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,055,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $1,880,000
  • 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: Aug 01, 2052
  • Second Open Lien Mortgage Lender: GTE FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 20, 2022
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $175,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,350,000
  • Assessed Land Value: $1,026,216
  • Assessed Improvements Value: $1,323,784

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11892819477
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 257344
  • Previous Sale Recording Date: Apr 02, 2021
  • Previous Sale Contract Date: Mar 30, 2021
  • Previous Sale Amount: $1,795,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $1,880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

About Ladera Ranch



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Nearby Rentals

Unit for rent at

$6,250 /mo

  • 5 Beds
  • 3 Baths
  • 2,913 ft²
Listing by Stephanie Vogt

Frequently Asked Questions

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

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