NOT LISTED FOR SALE

1031 Summit Oak Dr Lake Forest, CA 92679

Portola Hills Neighborhood

Estimated Value: $2,310,391 - $2,764,000

4 Beds
4 Baths
3,569 Sq Ft
$697/Sq Ft Est. Value

Last Sold December 17, 2018

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

Est. 91% increase in value since last sale

Current estimated payment $14,537/month

About This Home

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!!

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
$2,488,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184,812
Avg. Annual Appreciation
9.34%
Original Mortgage
$739,000
Outstanding Balance
$650,723
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,837,625

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
$1,837,625

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
$1,837,625
Source: Public Records

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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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 Prior Sale
12/17/2018 12/17/18 Sold $1,303,536 +5.6% $365 / Sq Ft View Prior Sale
03/04/2018 03/04/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $1,233,995 -- $346 / Sq Ft

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

    9 in this area

    13 Total Sales

    Melissa Hazlett
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Map

California Orange County Lake Forest 92679 Portola Hills

1031 Summit Oak Dr, Lake Forest, CA

Not Listed for Sale

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