NOT LISTED FOR SALE

1031 Summit Oak Dr Lake Forest, CA 92679

Portola Hills Neighborhood

Estimated Value: $2,344,000 - $2,815,000

4 Beds
3.5 Baths
3,569 Sq Ft
$720/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $1,303,536 $365 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $15,021/month

94 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Gated Community
  • Cathedral Ceiling
  • Portola Hills Elementary School Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of December 2018

8 Gorgeous Brand New Model homes in The Oaks at Portola Hills. This Beautiful Residence 2 home is Open concept, Modern California living. 4 Bedrooms, 3 1/2 baths and 2 Car Garage. A Standard California room with Multi-paneled doors. Indoor and outdoor living at its best. Spiral Staircase and 9+ Ceilings! Gorgeous Master Suite. Big Kitchen Island. Quiet interior lot. Italiante exterior (Not Shown). Hiking trails and outdoor activities abound. Gated community with amenities- swimming pools, BBQ area, and Clubhouse. Near 241 Toll road and Irvine Spectrum. MUST SEE!!

Last Agent to Sell the Property

Melissa Hazlett

Melissa Hazlett, Broker License #01235837 Listed on: 11/30/2017

Last Buyer's Agent

Melissa Hazlett

Melissa Hazlett, Broker License #01235837 Listed on: 11/30/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 6,163 Sq Ft Lot
  • Gentle Sloping Lot
  • Back Yard

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 3,569 Sq Ft Home
  • Cathedral Ceiling
  • Great Room
  • Dining Room with Fireplace
  • Loft
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Portola Hills Elementary School

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17300
  • Assessor Parcel Number 17300000

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 430-5805
  • Built by Baldwin and Sons

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: The Oaks at Portola Hills
  • View: No
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 17300000
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3569.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 365.24
  • Room Type: Great Room, Loft, Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Builder Name: Baldwin and Sons
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: 949-430-5805
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Portola Hills
  • Elementary School #2: PORHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Gentle Sloping
  • Lot Size Sq Ft: 6163.00
  • Lot Size Acres: 0.1415

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6163.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 17300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Dec 2, 2018
Sold by
Cai Xiaoli
Bought by
Zheng Hao
Seller's Agent
Melissa Hazlett
Melissa Hazlett, Broker
Buyer's Agent
Melissa Hazlett
Melissa Hazlett, Broker
List Price
$1,233,995
Sold Price
$1,303,536
Premium/Discount to List
$69,541
5.64%
Current Estimated Value
$2,571,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,267,554
Avg. Annual Appreciation
10.14%
Original Mortgage
$739,000
Outstanding Balance
$650,723
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,920,367

Purchase Details

Listed on
Nov 30, 2017
Closed on
Nov 5, 2018
Sold by
Usa Portola West Llc
Bought by
Zheng Hao
Seller's Agent
Melissa Hazlett
Melissa Hazlett, Broker
Buyer's Agent
Melissa Hazlett
Melissa Hazlett, Broker
List Price
$1,233,995
Sold Price
$1,303,536
Premium/Discount to List
$69,541
5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,000
Outstanding Balance
$650,723
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,920,367

Purchase Details

Listed on
Nov 30, 2017
Closed on
Oct 22, 2018
Sold by
Taylor Morrison Of California Llc
Bought by
Zheng Hao
Seller's Agent
Melissa Hazlett
Melissa Hazlett, Broker
Buyer's Agent
Melissa Hazlett
Melissa Hazlett, Broker
List Price
$1,233,995
Sold Price
$1,303,536
Premium/Discount to List
$69,541
5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,000
Outstanding Balance
$650,723
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,920,367
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zheng Hao -- Fntg Builder Services
Zheng Hao $1,304,000 Fntg Builder Services
Zheng Hao $758,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Hao $739,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $1,303,536 +5.6% $365 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $1,233,995 -- $346 / 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 $14,876 $1,454,116 $513,765 $940,351
2024 $14,876 $1,425,604 $503,691 $921,913
2023 $14,525 $1,397,651 $493,814 $903,837
2022 $14,267 $1,370,247 $484,132 $886,115
2021 $13,983 $1,343,380 $474,639 $868,741
2020 $13,858 $1,329,606 $469,772 $859,834
2019 $14,031 $1,303,536 $460,561 $842,975
2018 $611 $51,295 $51,295 $0
2017 $599 $50,290 $50,290 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Hazlett

    Seller's Agent in 2018

    Melissa Hazlett

    Melissa Hazlett, Broker

    (858) 752-3843

    8 in this area

    12 Total Sales

    Melissa Hazlett
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17266800

California Regional Multiple Listing Service (CRMLS)

APN: 606-333-19

California Orange County Lake Forest 92679 Portola Hills

1031 Summit Oak Dr, Lake Forest, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes