$2,189,000 - $2,393,000
RENTED AUG 3, 2024

15 Mesa Verde Ln Lake Forest, CA 92630

5 Beds
5 Baths
3,813 Sq Ft
$608 Price per Sq Ft

Last Sold May 23, 2024

Last sale price $2,376,500 $623 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,263/month

About This Home

As of May 2024

This home is located at 15 Mesa Verde Ln, Lake Forest, CA 92630 and is currently estimated at $2,317,196, approximately $607 per square foot. 15 Mesa Verde Ln is a home located in Orange County with nearby schools including Portola Hills Elementary School, Serrano Intermediate School, and El Toro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 15, 2024
Sold by
Mechem Randall Mark and Cheng Yuying
Bought by
Wang Jizhong and Liu Liyuan
Seller's Agent
Linna Zha
Alink Realty Group
Buyer's Agent
LUZHOU WANG
Coldwell Banker Realty
List Price
$2,395,000
Sold Price
$2,376,500
Premium/Discount to List
-$18,500
-0.77%
Views
25
Current Estimated Value
$2,317,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,304
Avg. Annual Appreciation
-2.42%

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 23, 2021
Sold by
Wang Chao and Lin Qian
Bought by
Mechem Randall Mark and Cheng Yuying
Seller's Agent
Erica Zheng
Sam Mu Team Inc.
Buyer's Agent
Linna Zha
Alink Realty Group
List Price
$1,420,000
Sold Price
$1,380,000
Premium/Discount to List
-$40,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.42%
Original Mortgage
$826,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2018
Sold by
Toll Ca Xx Lp
Bought by
Wang Chao and Lin Qian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Wang Jizhong $2,376,500 Fidelity National Title
Mechem Randall Mark $1,380,000 Fidelity Natl Ttl Orange Cnt
Wang Chao $1,219,000 Westminster Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mechem Randall Mark $826,000
Previous Owner Wang Chao $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2024 08/03/24 Rented $7,500 -6.3% --
08/01/2024 08/01/24 Under Contract -- -- --
07/10/2024 07/10/24 For Rent $8,000 0.0% --
05/23/2024 05/23/24 Sold $2,376,500 -0.8% $623 / Sq Ft
04/18/2024 04/18/24 For Sale $2,395,000 +73.6% $628 / Sq Ft
08/06/2021 08/06/21 Sold $1,380,000 -2.8% $362 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,420,000 -- $372 / 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 $15,072 $1,435,752 $583,253 $852,499
2023 $14,717 $1,407,600 $571,816 $835,784
2022 $14,455 $1,380,000 $560,603 $819,397
2021 $13,131 $1,256,207 $460,315 $795,892
2020 $13,014 $1,243,327 $455,595 $787,732
2019 $12,896 $1,218,949 $446,662 $772,287
2018 $2,898 $260,100 $260,100 $0
2017 $2,841 $255,000 $255,000 $0
Source: Public Records

Agents Affiliated with this Home

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