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Sold for $1,310,000
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  • $1,310,000

    31 Mercantile Way, Mission Viejo, CA 92694

    4beds
    2baths
    2,003sqft
    SingleFamily
    Built in 2002
    2,918 Square Feet Lot
    $1,331,400 Zestimate®
    $654/sqft
    $5,713 Estimated rent

    Home value

    $1,331,400

    $1.22M - $1.45M

    $5,713/mo

    Zestimate® history
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    $8,602/mo

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    $8,602/mo

    Est. payment

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    What's special

    Beautiful 4 bedroom detached home located in the highly desirable Gables community of Ladera Ranch. Light and bright and walking distance to blue ribbon schools, shopping and community amenites, this home has it all. Family room with fireplace looks out onto the private side patio featuring tailored hardscape, providing the perfect flow for entertaining and opens to the gourmet kitchen that has been accented with custom cabinetry, recessed lighting, stainless steel appliances, walk-in pantry, and center island with breakfast seating. Upstairs features 3 secondary bedrooms with mirrored wardrobes along with the spacious master suite that offers a walk-in closet, dual vanity sinks, large soaking tub, and separate shower. Laundry room is also conveniently located on the second level. Other wonderful upgrades include plantation shutters throughout, upgraded lighting fixtures, separate dining area, and custom leaded glass windows. Garage parking for 2 completes this wonderful upgraded home. Ladera Ranch HOA amenities include high speed internet, award winning schools, pools, clubhouses, tennis, water parks, skate park, community events, and miles of biking & hiking trails. Low tax and Mello Roos. This home is a must see!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2.5
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven
    • Laundry: Individual Room, Inside, Gas Dryer Hookup, On Upper Level
    Features
    • Recessed Lighting, Corian Counters
    • Flooring: Tile, Carpet, Laminate
    • Windows: Blinds, Plantation Shutters
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,003 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    • Spa features: Association
    • Fencing: Wood
    Lot
    • Size: 2,918 Square Feet
    • Features: Front Yard, Level with Street, Landscaped, Lot-Level/Flat, Park Nearby, Zero Lot Line
    Details
    • Parcel number: 75936205
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    Materials
    • Roof: Tile
    Condition
    • Turnkey
    • Year built: 2002

    Utilities & green energy

    • Water: Public
    • Utilities for property: Underground Utilities, Water Connected, Phone Connected, Sewer Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Club House, Tennis, Sport Court, Picnic Area, Outdoor Cooking Area, Playground, Hiking Trails
    • HOA fee: $256 monthly
    Location
    • Region: Mission Viejo

    Financial & listing details

    • Price per square foot: $654/sqft
    • Tax assessed value: $808,749
    • Annual tax amount: $10,406
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/12/2025Sold$1,310,000+0.8%$654/sqft
    Source: Public Record Report a problem
    5/1/2025Pending sale$1,299,000$649/sqft
    Source: CRMLS #OC25056656 Report a problem
    4/4/2025Contingent$1,299,000$649/sqft
    Source: CRMLS #OC25056656 Report a problem
    3/21/2025Listed for sale$1,299,000+79.2%$649/sqft
    Source: CRMLS #OC25056656 Report a problem
    7/9/2018Sold$725,000+0.8%$362/sqft
    Source: Public Record Report a problem
    5/30/2018Pending sale$719,000$359/sqft
    Source: First Team Real Estate #OC18115988 Report a problem
    5/18/2018Listed for sale$719,000+94.3%$359/sqft
    Source: First Team Real Estate #OC18115988 Report a problem
    3/29/2002Sold$370,000$185/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,406 +1.5%$808,749 +2%
    2024$10,250 +1.6%$792,892 +2%
    2023$10,087 +1.6%$777,346 +2%
    2022$9,930 +1.5%$762,104 +2%
    2021$9,784 +1.4%$747,161 +1%
    2020$9,651 $739,500 +2%
    2019$9,651 -1.1%$725,000 +50.9%
    2018$9,758 +34.6%$480,383 +2%
    2017$7,248 $470,964 +2%
    2016$7,248 +1%$461,730 +1.5%
    2015$7,177 -1.6%$454,795 +2%
    2014$7,295 $445,887 +0.5%
    2013-- $443,872 +2%
    2012-- $435,169 +2%
    2011-- $426,637 +0.8%
    2010-- $423,449 -0.2%
    2009-- $424,456 +2%
    2008-- $416,134 +2%
    2007-- $407,975 +2%
    2006-- $399,976 +2%
    2005-- $392,134 +2%
    2004-- $384,446 +1.9%
    2003-- $377,400 +339.5%
    2002-- $85,875 +2%
    2001$1,925 $84,192
    Find assessor info on the county website

    Neighborhood: Township Village

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chaparral
    • Middle: Ladera Ranch
    • High: Tesoro
    • District: Capistrano Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,331,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,331,400