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8 Fern Canyon

8 Fern Canyon, Laguna Niguel, CA 92677
Property in Ocean Ranch
Sold Aug 17, 2011
$2,100,000
$1,009,279 by Ally Bank
Mortgage Due Mar 01, 2051
Sold Nov 19, 1993
$250,000
$125,000 by Eldorado Bank
Mortgage
8 Fern Canyon in Laguna Niguel, CA was first built in 1994 and is 30 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 4 full bathrooms. There are 5 partial bathrooms. 8 Fern Canyon has 6,112 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 10,800 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. For those who need parking, there is a garage. The garage is 1,089 sqft. There are a total of 4 available parking spaces. 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, 8 Fern Canyon sold most recently in Jul 26, 2011 for a total of $2,100,000. If you work out the math, that's approximately a cost of $343.59 per sqft. Before that, the property was also sold for $250,000 in Sep 21, 1993. 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 $25,715 in taxes each year. 8 Fern Canyon was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,551,482. If we break it down further, the land itself was valued at $1,061,414. Improvements to the property, however, were assessed at a total of $1,490,068. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,089
  • Parking Space Count: 4
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 6,112
  • Building Area: 6,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13399
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13399 BLK LOT 18

Ownership

  • Current Owner : MCRAE MATTHEW B
  • Current Owner 2: MCRAE DEENA
  • Previous Owner : ASHMORE WILLIAM S
  • Owner Before Previous Owner: SHEA HOMES
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 042332

Geography

  • Assessors Map Reference: 37-E1
  • Subdivision Tract Number: 13399
  • Parcel: 673-761-06
  • Lot: 18
  • Latitude: 33.4984
  • Longitude: -117.701

    Address

  • Full Address: 8 Fern Cyn
  • Address - House Number: 8
  • Address - Street Name: Fern
  • Address - Suffix Type: Cyn
  • State: CA
  • City Name: Laguna Niguel
  • Carrier Code: C078
  • 4-Digit Zip Code: 1002
  • Zip Code: 92677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,715
  • Tax Rate Code Area: 29-088

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 5,005,544
  • High Value: 5,908,577
  • Low Value: 4,102,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,009,279
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Loan Amount: $1,009,279
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,551,482
  • Assessed Land Value: $1,061,414
  • Assessed Improvements Value: $1,490,068

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2011
  • Current Sale Recording Date: Aug 17, 2011
  • Current Sale Transaction ID: 1206280772
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2011000405608
  • Previous Sale Recording Date: Nov 19, 1993
  • Previous Sale Contract Date: Sep 21, 1993
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 17, 2011
  • First Mortgage Loan Amount: $729,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: ELDORADO BANK
  • Previous Mortgage Transaction Date: Nov 19, 1993
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $125,000

About Bear Brand at Laguna Niguel



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Frequently Asked Questions

What neighborhood is 8 Fern Canyon located in?
The 8 Fern Canyon is a located in the neighborhood of Ocean Ranch in Bear Brand at Laguna Niguel, Laguna Niguel.
What is the average sales price for listings in 8 Fern Canyon?
The average sales price for units in 8 Fern Canyon is $0 currently.

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