NOT LISTED FOR SALE

151 Walworth Lake Forest, CA 92630

Estimated Value: $2,149,000 - $2,571,000

5 Beds
5 Baths
3,112 Sq Ft
$748/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,900,000 $611 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $13,983/month

84 Days on Market

Highlights

  • New Construction
  • Spa
  • Open Floorplan
  • Melinda Heights Elementary School Rated A-
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of October 2023

Welcome to this exceptional brand new corner lot home situated in the prestigious Toll Brothers community, The Magnolias at Meadows. This stunning property offers the unique advantage of no neighbors on the right side, ensuring privacy and tranquility. The home boasts a coveted park view, allowing you to enjoy the serene surroundings.
The Meadows community provides an unparalleled lifestyle with many amenities, including hiking and biking trails, swimming pools, a sports park, and a kids' playground. You'll love the convenience of being within walking distance of the central main park, where you can relax and unwind.
Step inside and be greeted by the grand foyer with its soaring ceilings, setting a tone of elegance throughout. The open floor plan seamlessly connects the living room and dining room, creating a perfect space for entertaining. Glass doors open to the inviting California room and outdoor living area, expanding your living space and allowing for seamless indoor-outdoor living.
The well-appointed kitchen features top-of-the-line stainless steel appliances, including a built-in range with ovens, hood, dishwasher, and built-in refrigerator. Whether you're a culinary enthusiast or simply enjoy preparing meals for loved ones, this kitchen is sure to impress.
Make your way to the second floor, where a spacious loft awaits, providing additional living or recreational space. Four generously sized bedrooms fill the upstairs, each bathed in natural light, creating a warm and inviting ambiance. The master bedroom is a true retreat, featuring three side windows, a sizable walk-in closet, and upgraded shower tile in all the bathrooms. Additionally, the master bedroom offers a retreat room, perfect for creating a cozy sitting area.
This home is located within the highly regarded Saddleback Valley Unified School District and is also conveniently close to several prestigious private schools. Furthermore, you'll appreciate the nearby amenities such as a 24-hour fitness center, Home Depot, the shopping center, and 10 minutes away from the Irvine Spectrum shopping Plaza.
Don't miss this opportunity to own a corner lot home with park views in The Meadows community. Contact us today to schedule a private viewing and experience the luxury and convenience this home has to offer.

Last Agent to Sell the Property

Victoria Martin

Mcsen Realty Corp. License #02174389 Listed on: 06/29/2023

Mcsen Realty Corp.

Last Buyer's Agent

Michael Mei

Keller Williams Realty Irvine License #01921223

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,775 Sq Ft Lot
  • End Unit
  • Corner Lot
  • Back Yard

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Tile Roof

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Open Patio

Location

  • Property is near clubhouse and park

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 112
  • Assessor Parcel Number 61222648
  • $60 per year additional tax assessments

Community Details

Overview

  • The Meadows Community Owners Association, Phone Number (949) 218-9970
  • Property Management Professionals HOA
  • Built by Toll Brothers

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Bike Trail

Security

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Magnolias
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61222648
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 3112.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Quartz Counters, Storage
  • Stories: 2
  • Common Walls: End Unit, No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Living Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 610.54
  • Room Type: Family Room, Formal Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Primary Suite, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Main Floor Full Bath, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Builder Name: Toll Brothers
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Off Street, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Upper Level, Washer Hookup
  • 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, Dog Park, Tennis Court(s), Biking Trails, Clubhouse, Meeting Room, Controlled Access
  • Association Fee: 233.00
  • Association Fee Frequency: Monthly
  • Association Name: The Meadows Community Owners Association
  • Phone: (949) 218-9970
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Dog Park, Park, Sidewalks
  • Association Management: Property Management Professionals

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Corner Lot, Park Nearby
  • Lot Size Sq Ft: 3775.00
  • Lot Size Acres: 0.0867

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3775.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 112
  • Tax Tract Number: 112
  • TaxOtherAnnualAssessmentAmount: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Oct 26, 2023
Sold by
Won Peter
Bought by
Peter Won and Peter Won
Seller's Agent
Victoria Martin
Mcsen Realty Corp.
Buyer's Agent
Michael Mei
Keller Williams Realty Irvine
List Price
$2,080,000
Sold Price
$1,900,000
Premium/Discount to List
-$180,000
-8.65%
Views
21
Current Estimated Value
$2,327,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,454
Avg. Annual Appreciation
9.48%
Original Mortgage
$600,000
Outstanding Balance
$542,740
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$1,784,714

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 28, 2023
Sold by
All Auspicious Llc
Bought by
Won Peter
Seller's Agent
Victoria Martin
Mcsen Realty Corp.
Buyer's Agent
Michael Mei
Keller Williams Realty Irvine
List Price
$2,080,000
Sold Price
$1,900,000
Premium/Discount to List
-$180,000
-8.65%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$542,740
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$1,784,714

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 21, 2023
Sold by
Li Fengmei
Bought by
All Auspicious Llc
Seller's Agent
Victoria Martin
Mcsen Realty Corp.
Buyer's Agent
Michael Mei
Keller Williams Realty Irvine
List Price
$2,080,000
Sold Price
$1,900,000
Premium/Discount to List
-$180,000
-8.65%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$542,740
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$1,784,714

Purchase Details

Closed on
Jun 6, 2023
Sold by
Li Mingzhe
Bought by
Li Fengmei

Purchase Details

Closed on
Mar 22, 2023
Sold by
Toll Brothers West Inc
Bought by
Li Mingzhe and Li Fengmei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,876
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peter Won -- Lawyers Title
Won Peter $1,900,000 Lawyers Title Company
All Auspicious Llc -- Lawyers Title
Li Fengmei -- None Listed On Document
Li Mingzhe $1,653,500 Westminster Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Won Peter $600,000
Previous Owner Li Mingzhe $991,876
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $1,900,000 -8.7% $611 / Sq Ft
06/29/2023 06/29/23 For Sale $2,080,000 -- $668 / 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 $19,823 $1,938,000 $976,919 $961,081
2024 $19,823 $1,900,000 $957,763 $942,237
2023 $11,335 $1,096,339 $320,005 $776,334
2022 $1,745 $164,218 $164,218 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23111309

California Regional Multiple Listing Service (CRMLS)

APN: 612-226-48