NOT LISTED FOR SALE

Estimated Value: $2,132,000 - $2,350,000

5 Beds
5 Baths
3,000 Sq Ft
$749/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2023

Last sale price $1,850,000 $617 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,288 / mo

17 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Property is near park
  • Melinda Heights Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2023

BETTER THAN NEW!!MOVE IN READY!!A series of luxurious finishes shaped this newly constructed Lake Forest residence into the stylish, modern home you're searching for! Enviably set in The Magnolias at The Meadows community, this 3,000sqft, 5-bedroom, 5-bath abode stands proudly on a corner lot. From the covered porch, discover a sophisticated 2-story foyer that combines neutral tones, an artisan chandelier, and textured tiles underfoot. Expansive windows and volume ceilings brighten your open-concept entertainment areas, from the living room to the cheerful dining room with glass sliders that allow a seamless flow to the sunroom. Impeccably crafted, the chef's kitchen displays a suite of stainless steel appliances, handsome cabinetry, a chic backsplash, a farm sink, and gleaming countertops extending to the multi-seater breakfast island.
A versatile loft and 4 well-proportioned private retreats graced with large closets and tastefully tiled ensuites with shower/tub combos await you upstairs. Topping them all, the primary suite showcases a spa-inspired 5-piece ensuite with dual vanities, a frameless walk-in shower, and a soaking tub you can indulge in by the picture window. One bedroom with an adjacent full bath enjoys main-level convenience, an ideal accommodation for overnight guests.
Outside, weekend BBQs are bliss on the patio that captures panoramic views. Other notable features are a laundry room with plenty of storage and an attached 2-car garage. Living here gives you access to world-class resort amenities like the large recreation center, 2 pools, 2 spas, 12 acres of parks, and sports courts for basketball, pickleball, and volleyball. Additionally, there are no Mello-Roos, plus you're near the Serrano Creek regional trails system. Let your real estate dreams come true by taking a tour today!

Last Agent to Sell the Property

Yan Wang

JC Pacific Corp License #02157474 Listed on: 11/15/2022

JC Pacific Corp

Co-Listed By

Sam Mu

Pinnacle Real Estate Group License #01921557

Last Buyer's Agent

Max Wright

Regency Real Estate Brokers License #02000173

Regency Real Estate Brokers

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Block Wall Fence
  • New Fence
  • No Landscaping
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Ranch Style House
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Flat Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Schools

  • El Oro Elementary School
  • Serrano High School

Utilities

  • Central Air
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 19127

Community Details

Overview

  • The Meadows Community Association, Phone Number (949) 218-9970
  • The Meadows Community Owners Association
  • Built by Toll Brother

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

5,000 Sq Ft Lot

HOA Fees

$290 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • View: No
  • Zoning: R
  • Architectural Style: Ranch
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan, Quartz Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 616.67
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Main Floor Full Bath
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, New Condition
  • Builder Name: Toll Brother
  • Patio And Porch Features: Concrete, Covered, Patio, Slab
  • Pool Features: Community
  • Pool Private: No
  • Roof: Concrete, Flat Tile, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater
  • Electric: Standard
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Clubhouse, Recreation Room
  • Association Fee: 290.00
  • Association Fee Frequency: Monthly
  • Association Name: The Meadows Community
  • Phone: 9492189970
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights
  • Association Management: The Meadows Community Owners Association

Schools

  • Elementary School: El Oro
  • High School: Serrano
  • Elementary School #2: ELORO
  • High School2: SERRAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, No Landscaping, Park Nearby
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 117
  • Tax Tract Number: 19127

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 28, 2022
Sold by
Bought by
Seller's Agent
Yan Wang
JC Pacific Corp
Buyer's Agent
Max Wright
Regency Real Estate Brokers
List Price
$1,990,000
Sold Price
$1,850,000
Premium/Discount to List
-$140,000
-7.04%
Current Estimated Value
$2,248,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,282
Avg. Annual Appreciation
5.55%
Original Mortgage
$950,000
Outstanding Balance
$909,548
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$1,338,734

Purchase Details

Closed on
Aug 23, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lake Forest, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,850,000 Fidelity National Title
$1,586,500 Westminster Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $950,000
Previous Owner $768,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $1,850,000 -2.6% $617 / Sq Ft
12/10/2022 12/10/22 Price Changed $1,900,000 -4.5% $633 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $1,990,000 -- $663 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,971 $1,963,234 $964,947 $998,287
2025 $19,608 $1,924,740 $946,027 $978,713
2024 $19,608 $1,887,000 $927,477 $959,523
2023 $16,462 $1,586,213 $716,617 $869,596
2022 $3,286 $310,438 $310,438 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22242235

California Regional Multiple Listing Service (CRMLS)

APN: 612-226-57

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