$1,000,000
SOLD JAN 7, 2021

102 Summit Point Lake Forest, CA 92630

5 Beds
4 Baths
3,016 Sq Ft
4,592 Sq Ft Lot

Recently Sold

$332 Per Sq Ft

47 Days on Market

Highlights

  • Cabana
  • Two Primary Bedrooms
  • Open Floorplan
  • Lake Forest Elementary School Rated A-
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of January 2021

Beautiful Corner Lot property with 5 bedrooms, 4 bathrooms (one bed one bath downstairs), 2 car attached garage. Premium porcelain tiles in hallway, Brazilian Walnut wood floor in bedrooms. Gourmet kitchen with granite counter tops, center island, glass mosaic back splash, stainless-steel appliances including double ovens, 5 burner cook top, built-in refrigerator and built-in microwave. Formal Dining Room with custom window coverings, custom lighting and view to the side garden. Large family room with built-in media center, gas fireplace. Master bedroom walk-in closet with organizers. Master bathroom with dual sinks, bathtub and separate shower. Other features include: custom window coverings, recessed lights, ceiling fans, custom two-tone paint, crown moldings. Entertaining back yard with two custom fire pits, and pot fountains. Peaceful and quiet location of Summit Crest in the Northern area of Lake Forest.

Last Agent to Sell the Property

Alex Zhao

Re/Max Masters Realty License #01749677 Listed on: 10/21/2020

Re/Max Masters Realty

Last Buyer's Agent

Steven Soylemez

Vylla Home, Inc. License #01254113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,093

Year Built

  • Built in 2010

Lot Details

  • 4,592 Sq Ft Lot
  • Block Wall Fence
  • Fence is in good condition
  • Corner Lot
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Back Yard

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Turnkey
  • Planned Development
  • Concrete Roof

Interior Spaces

  • 3,016 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Storage
  • Views of Woods
  • Carbon Monoxide Detectors

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Cabana
  • Enclosed patio or porch
  • Fire Pit
  • Outdoor Grill

Schools

  • Lake Forest Elementary School
  • El Toro High School

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16886
  • Assessor Parcel Number 61384129

Community Details

Overview

  • Powerstone Property Management Association, Phone Number (949) 716-3998
  • Powerstone HOA

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,093

Year Built

Built in 2010

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Summit Crest
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61384129
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3016.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Chair Railings, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Fire Pit, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 331.56
  • Room Type: All Bedrooms Up, Formal Entry, Great Room, Jack & Jill, Kitchen, Laundry, Two Masters, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Patio And Porch Features: Cabana, Concrete, Enclosed
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal
  • Heating Type: Central, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Association Name: Powerstone Property management
  • Phone: (949)716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks
  • Association Management: Powerstone

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Lake Forest
  • Middle School: Serrano
  • High School: El Toro
  • Elementary School: Lake Forest
  • High School: El Toro
  • Middle Or Junior School: Serrano
  • Elementary School #2: LAKFOR
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 4592.00
  • Lot Size Acres: 0.1054

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4592.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.23
  • Tax Lot: 1
  • Tax Tract Number: 16886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 10, 2020
Sold by
Feng Zhaohul and Zhu Hongyan
Bought by
Nguyen Stephanie Truc
Seller's Agent
Alex Zhao
Re/Max Masters Realty
Buyer's Agent
Steven Soylemez
Vylla Home, Inc.
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Current Estimated Value
$1,743,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,945
Avg. Annual Appreciation
12.71%
Original Mortgage
$800,000
Outstanding Balance
$714,988
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,016,633

Purchase Details

Closed on
Sep 16, 2016
Sold by
Pereira Michael A and James Dennis A
Bought by
Feng Zhaohui and Zhu Hongyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2010
Sold by
Van Daele Development Corporation
Bought by
Pereira Michael A and James Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,311
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Wfg National Title Company
Grant Deed $935,000 Title 365
Grant Deed $748,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $607,750 Adjustable Rate Mortgage/ARM
Previous Owner $679,311 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $1,000,000 +0.1% $332 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $999,000 +6.8% $331 / Sq Ft
11/17/2016 11/17/16 Sold $935,000 -1.6% $310 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $950,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,093 $1,082,432 $592,306 $490,126
2024 $11,093 $1,061,208 $580,692 $480,516
2023 $10,832 $1,040,400 $569,305 $471,095
2022 $10,639 $1,020,000 $558,142 $461,858
2021 $10,463 $1,002,508 $579,024 $423,484
2020 $10,369 $992,229 $573,087 $419,142
2019 $10,162 $972,774 $561,850 $410,924
2018 $9,972 $953,700 $550,833 $402,867
2017 $9,774 $935,000 $540,032 $394,968
2016 $8,543 $816,106 $410,415 $405,691
2015 $8,440 $803,848 $404,250 $399,598
2014 $8,258 $788,102 $396,331 $391,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20217609

California Regional Multiple Listing Service (CRMLS)

APN: 613-841-29