NOT LISTED FOR SALE

114 Summit Pointe Lake Forest, CA 92630

Estimated Value: $1,550,000 - $1,832,000

3 Beds
4 Baths
2,516 Sq Ft
$664/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,200,000 $477 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,461/month

About This Home

As of November 2021

Beautifully upgraded, three bedrooms plus loft and 3.5 baths single family home in the desirable Summit Crest neighborhood is available now! This former model home has been impeccably maintained throughout. The downstairs features a formal living and dining area with chandelier. A picture perfect great room layout has an open kitchen, family room and casual dining nook. Two large sliding doors let in ample natural light. A powder room that is show-ready for guests and under stairs storage round out the first floor. The second floor has a spacious master suite with a gorgeous master bathroom and huge walk-in closet. Also upstairs are two additional bedrooms, one with its own en-suite bathroom, an additional bathroom and a flex-space loft which would make a great home office. The laundry room is conveniently close to all the bedrooms and has storage and a sink. The easy to maintain backyard is elevated, providing an openness and expansive view of the neighborhood below. The two car garage and long driveway provide ample parking for at least five cars and storage. The cul-de-sac location of this affords quiet and privacy. This home is ready for its new occupants - welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Laura Rezaei
Bought by
Laura Rezaei Living Trust
Current Estimated Value
$1,669,417

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 10, 2021
Sold by
Khatib Shahidi Moe
Bought by
Rezaei Laura
Seller's Agent
dan wu
Alliance Realty Kingdom Inc.
List Price
$1,056,000
Sold Price
$1,200,000
Premium/Discount to List
$144,000
13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 5, 2021
Sold by
Hou Jiayue
Bought by
Rezaei Laura
Seller's Agent
dan wu
Alliance Realty Kingdom Inc.
List Price
$1,056,000
Sold Price
$1,200,000
Premium/Discount to List
$144,000
13.64%

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 22, 2020
Sold by
Sim Vikki
Bought by
Hill Robert G
Seller's Agent
Jordan Bennett
Regency Real Estate Brokers
Buyer's Agent
Sherry Li
Universal Elite Inc.
List Price
$925,000
Sold Price
$898,000
Premium/Discount to List
-$27,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Original Mortgage
$318,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 21, 2020
Sold by
Hill Robert G
Bought by
Hou Jiayue
Seller's Agent
Jordan Bennett
Regency Real Estate Brokers
Buyer's Agent
Sherry Li
Universal Elite Inc.
List Price
$925,000
Sold Price
$898,000
Premium/Discount to List
-$27,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Van Daele Development Corporation
Bought by
Hill Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,300
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Laura Rezaei Living Trust -- None Listed On Document
Rezaei Laura -- Chicago Title Company
Rezaei Laura $1,200,000 Chicago Title Company
Hill Robert G -- First American Title Company
Hou Jiayue $898,000 First American Title Company
Hill Robert G $678,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hou Jiayue $318,000
Previous Owner Hill Robert G $125,000
Previous Owner Hill Robert G $562,800
Previous Owner Hill Robert G $576,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2022 12/10/22 Rented $4,750 0.0% --
10/24/2022 10/24/22 Price Changed $4,750 -3.1% $2 / Sq Ft
09/27/2022 09/27/22 For Rent $4,900 0.0% --
11/15/2021 11/15/21 Sold $1,200,000 +13.6% $477 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $1,056,000 +17.6% $420 / Sq Ft
03/02/2020 03/02/20 Sold $898,000 -2.9% $357 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
09/18/2019 09/18/19 For Sale $925,000 -- $368 / Sq Ft

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
2024 $13,085 $1,248,480 $816,633 $431,847
2023 $12,777 $1,224,000 $800,620 $423,380
2022 $12,549 $1,200,000 $784,921 $415,079
2021 $9,463 $907,303 $495,157 $412,146
2020 $8,286 $794,255 $393,937 $400,318
2019 $8,121 $778,682 $386,213 $392,469
2018 $7,969 $763,414 $378,640 $384,774
2017 $7,810 $748,446 $371,216 $377,230
2016 $7,681 $733,771 $363,937 $369,834
2015 $7,589 $722,750 $358,471 $364,279
2014 $7,425 $708,593 $351,449 $357,144
Source: Public Records

Agents Affiliated with this Home

  • Viviana Kim

    Seller's Agent in 2022

    Viviana Kim

    Major League Properties

    (714) 875-4339

    1 in this area

    63 Total Sales

    Viviana Kim
    Section Image

  • N

    Buyer's Agent in 2022

    NONE SPECIFIED

    NO OFFICE SPECIFIED

  • d

    Seller's Agent in 2021

    dan wu

    Alliance Realty Kingdom Inc.

    1 in this area

    1 Total Sale

    dan wu
    Section Image
  • Ben Situ

    Seller Co-Listing Agent in 2021

    Ben Situ

    ALLIANCE REALTY KINGDOM INC.

    (626) 251-7817

    1 in this area

    57 Total Sales

    Ben Situ
    Section Image
  • Jordan Bennett

    Seller's Agent in 2020

    Jordan Bennett

    Regency Real Estate Brokers

    (949) 282-9381

    13 in this area

    318 Total Sales

    Jordan Bennett
    Section Image
  • Sherry Li

    Buyer's Agent in 2020

    Sherry Li

    Universal Elite Inc.

    (626) 731-0390

    22 Total Sales

    Sherry Li
    Section Image
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Map

California Orange County Lake Forest 92630

114 Summit Pointe, Lake Forest, CA

This home is located at 114 Summit Pointe, Lake Forest, CA 92630 and is currently estimated at $1,669,417, approximately $663 per square foot. 114 Summit Pointe is a home located in Orange County with nearby schools including Lake Forest Elementary School, Serrano Intermediate School, and El Toro High School.

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