NOT LISTED FOR SALE

1403 El Paseo Lake Forest, CA 92610

Estimated Value: $945,000 - $990,000

3 Beds
2.5 Baths
1,662 Sq Ft
$251/mo HOA Fee

Last Sold January 27, 2025

Last sale price $985,000 $593 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,867/month

1 Day on Market

Highlights

  • Community Stables
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Foothill Ranch Elementary School Rated A-
  • No Units Above
  • Gated Community

About This Home

As of January 2025

Welcome to your dream home in the highly sought-after El Paseo gated community, nestled in the scenic Foothill Ranch area, with super low HOA dues and no Mello-Roos. This beautifully appointed 3-bedroom, 2.5-bathroom condominium offers the perfect blend of comfort, convenience, and outdoor adventure. With spacious living areas, modern finishes, and a private setting, this home is ideal for both relaxation and entertaining.
Enjoy the tranquility of a secure, gated neighborhood, where you’re just steps away from a wealth of outdoor activities, including hiking and biking trails, and nearby camping spots in the picturesque foothills. For those who love to explore, the stunning natural beauty of the area is at your doorstep.
Located minutes from freeway access, dining, and entertainment, this home offers the best of both worlds — a peaceful retreat with easy access to everything you need. Whether you’re relaxing at home or discovering the vibrant local scene, this location has it all.
Don’t miss out on the opportunity to live in this incredible home within El Paseo. Schedule a tour today and experience the lifestyle you’ve been waiting for!

Last Agent to Sell the Property

Lenny Spangler

HCM Real Estate Brokerage Phone: 949.212.3703 License #01209777 Listed on: 12/19/2024

Co-Listed By

Gabrielle Lopez

HCM Real Estate Brokerage Phone: 949.212.3703 License #01728648

Last Buyer's Agent

Dimuth Wijemanne

CENTURY 21 Affiliated License #01224890

CENTURY 21 Affiliated

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Fenced
  • Stucco Fence
  • No Landscaping
  • Density is up to 1 Unit/Acre

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • No Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,662 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Shutters
  • Blinds
  • Window Screens
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Foothill Ranch Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17446
  • Assessor Parcel Number 93310708
  • $123 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 148 Units
  • El Paseo HOA, Phone Number (949) 716-3998
  • Powerstone HOA
  • Near a National Forest
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Community Stables
  • Horse Trails
  • Bike Trail

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$251 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Flat Screen TV, Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: El Paseo
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93310708
  • Year Built: 2016
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1662.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, In Family Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 592.66
  • Room Type: All Bedrooms Up, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Blinds, Insulated Windows, Screens, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse
  • Association Fee: 251.00
  • Association Fee Frequency: Monthly
  • Association Name: El Paseo HOA
  • Phone: (949) 716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Curbs, Foothills, Gutters, Horse Trails, Park, Stable(s), Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Powerstone

Schools

  • Elementary School: Foothill Ranch
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: FOORAN
  • High School2: TRAHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, No Landscaping

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 148
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 6
  • Tax Tract Number: 17446
  • TaxOtherAnnualAssessmentAmount: 123.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 6, 2025
Sold by
Ilagan Bernard Joseph and Phan Linh Ai
Bought by
Velupillai Maharaj and Sivakumar Lavanya
Seller's Agent
Lenny Spangler
HCM Real Estate
Buyer's Agent
Dimuth Wijemanne
CENTURY 21 Affiliated
List Price
$985,000
Sold Price
$985,000
Views
40
Current Estimated Value
$968,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,238
Avg. Annual Appreciation
-1.65%
Original Mortgage
$799,000
Outstanding Balance
$793,223
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$175,539

Purchase Details

Closed on
Mar 21, 2016
Sold by
Brookfield Lf 147 Llc
Bought by
Ilagan Bernard Joseph and Phan Linh Ai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,521
Interest Rate
3.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velupillai Maharaj $985,000 Lawyers Title Company
Ilagan Bernard Joseph $573,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velupillai Maharaj $799,000
Previous Owner Ilagan Bernard Joseph $562,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Sold $985,000 0.0% $593 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $985,000 -- $593 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,961 $678,191 $396,894 $281,297
2024 $6,961 $664,894 $389,112 $275,782
2023 $6,725 $651,857 $381,482 $270,375
2022 $6,604 $639,076 $374,002 $265,074
2021 $6,469 $626,546 $366,669 $259,877
2020 $6,413 $620,122 $362,909 $257,213
2019 $6,284 $607,963 $355,793 $252,170
2018 $6,165 $596,043 $348,817 $247,226
2017 $6,041 $584,356 $341,977 $242,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24251660

California Regional Multiple Listing Service (CRMLS)

APN: 933-107-08