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6 Red Rail Lane

6 Red Rail Lane, Ladera Ranch, CA 92694
House in Orange
Sold Aug 18, 2021
$1,155,000
$924,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold Jun 18, 2019
$865,000
Buyer
Seller
$691,920 by Citibank Na
Mortgage Due Jul 01, 2049
Local assessors in Ladera Ranch, CA have categorized 6 Red Rail Lane 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 3,649 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 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 6 Red Rail Lane has a total of 2,416 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 434 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The property was last sold in Jul 22, 2021 for $1,155,000. That's $478.06 per sqft. Prior to that sales transaction, the property was also sold in May 22, 2019 for $865,000. 6 Red Rail Lane was last assessed in 2023. The total value of the property was assessed at $1,178,100. Specifically, the land the property is located on was valued at $868,356. While improvements on the property were assessed at a total of $309,744. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,876. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 434
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,649
  • Total Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 16347
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 16347 BLK LOT 7

Ownership

  • Current Owner : KIM TONY J
  • Current Owner 2: KIM BECKY J
  • Previous Owner : COOK DAVID
  • Previous Owner 2: COOK GRETCHEN
  • Owner Before Previous Owner: SHIRAZI YUSUF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 16347
  • Parcel: 741-341-07
  • Lot: 7
  • Latitude: 33.544
  • Longitude: -117.647

    Address

  • Full Address: 6 Red Rail Ln
  • Address - House Number: 6
  • Address - Street Name: Red Rail
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Ladera Ranch
  • Carrier Code: R062
  • 4-Digit Zip Code: 1266
  • Zip Code: 92694

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,876
  • Tax Rate Code Area: 82-377

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 1,565,689
  • High Value: 1,814,374
  • Low Value: 1,317,005

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,024,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $924,000
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Jun 15, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • 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: Jun 15, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,178,100
  • Assessed Land Value: $868,356
  • Assessed Improvements Value: $309,744

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850213265
  • Current Sale Price: $1,155,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000520921
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: May 22, 2019
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $924,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Jun 18, 2019
  • Previous Mortgage Loan Amount: $691,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 6 Red Rail Lane located in?
The 6 Red Rail Lane is a house located in the neighborhood of Orange in Ladera Ranch, Ladera Ranch.
What is the average sales price for listings in 6 Red Rail Lane?
The average sales price for units in 6 Red Rail Lane is $0 currently.

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