$528,000
SOLD OCT 29, 2012

21301 Monterra Lake Forest, CA 92630

4 Beds
4 Baths
2,400 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

4% Below List Price

27 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • L-Shaped Dining Room
  • Lake Forest Elementary School Rated A-
  • Mediterranean Architecture
  • Private Yard

About This Home

As of March 2013

APPROVED SHORT SALE PRICE FROM LENDER. Beautiful home in pristine area! 4 bdroom and 3 baths with 1 bedroom and bathroom downstairs! Bright & sunny open floorplan w/ highly desired kitchen/dining/family room combo. Dramatic vaulted ceilings, separate formal living room with fireplace and separate dining room with sliding glass door. Family room also with crackling fireplace. Ceiling fans throughout. Generous bedrooms including very spacious master suite w/walk-in closet. Private, low maintenance backyard with peaceful gazebo, separate patios, patio cover, potential dog runs and hillside views. Walk to elementary school. NO MELLO ROOS!

Last Agent to Sell the Property

JCarrie Torres

HomeSmart, Evergreen Realty License #01272786 Listed on: 06/05/2012

HomeSmart, Evergreen Realty

Last Buyer's Agent

Anne Olson

Pacific Legacy R.E. & Inv, Inc License #01161865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,274

Year Built

  • Built in 1987

Lot Details

  • 5,500 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Driveway

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Gas And Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Association Phone (949) 481-0555
  • Monarch

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 12657
  • Assessor Parcel Number 61346282

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,274

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-454-8800
  • Property Attached: No
  • Subdivision Name Other: Mariposa
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61346282
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00
  • Interior Amenities: Ceramic Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Ell, Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 220.00
  • Room Type: Living Room, Main Floor Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Faces Side, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 120.00
  • Phone: 949-481-0555
  • Senior Community: No

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet

Tax Info

  • Tax Lot: 54
  • Tax Tract Number: 12657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2013
Closed on
Jan 30, 2013
Sold by
Rust Monterra
Bought by
Wei Guangping and Tang Chenxi
Seller's Agent
Anne Olson
Pacific Legacy R.E. & Inv, Inc
Buyer's Agent
Laurie Singer-Peterson
Aspero Realty, Inc
List Price
$649,000
Sold Price
$658,000
Premium/Discount to List
$9,000
1.39%
Current Estimated Value
$1,560,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,827
Avg. Annual Appreciation
6.91%
Original Mortgage
$417,000
Outstanding Balance
$289,044
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,220,243

Purchase Details

Closed on
Jan 3, 2013
Sold by
Olson Mark
Bought by
Monterra Trust #21301 and Pacific Legacy Real Estate & Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$289,044
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,220,243

Purchase Details

Listed on
Jun 5, 2012
Closed on
Oct 25, 2012
Sold by
Lim Sherwin O
Bought by
Olson Mark
Seller's Agent
JCarrie Torres
HomeSmart, Evergreen Realty
Buyer's Agent
Anne Olson
Pacific Legacy R.E. & Inv, Inc
List Price
$549,900
Sold Price
$528,000
Premium/Discount to List
-$21,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Lim Charito R
Bought by
Lim Sherwin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,800
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 2, 2004
Sold by
Brush David R and Brush Susana A
Bought by
Lim Sherwin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,800
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $658,000 First American Title Company
Quit Claim Deed -- Accommodation
Grant Deed $528,000 Title 365
Interfamily Deed Transfer -- California Title Company
Grant Deed $740,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Closed $99,000 Future Advance Clause Open End Mortgage
Previous Owner $204,600 Credit Line Revolving
Previous Owner $554,800 Negative Amortization
Previous Owner $315,000 Unknown
Previous Owner $38,718 Unknown
Previous Owner $252,000 Unknown
Closed $111,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $658,000 -1.1% $274 / Sq Ft
01/25/2013 01/25/13 Price Changed $665,000 +2.5% $277 / Sq Ft
01/21/2013 01/21/13 For Sale $649,000 +22.9% $270 / Sq Ft
10/29/2012 10/29/12 Sold $528,000 -2.8% $220 / Sq Ft
08/06/2012 08/06/12 Price Changed $543,200 -1.2% $226 / Sq Ft
06/05/2012 06/05/12 For Sale $549,900 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,274 $794,387 $565,682 $228,705
2023 $8,078 $778,811 $554,590 $224,221
2022 $7,933 $763,541 $543,716 $219,825
2021 $7,774 $748,570 $533,055 $215,515
2020 $7,703 $740,895 $527,589 $213,306
2019 $7,548 $726,368 $517,244 $209,124
2018 $7,406 $712,126 $507,102 $205,024
2017 $7,257 $698,163 $497,159 $201,004
2016 $7,136 $684,474 $487,411 $197,063
2015 $7,048 $674,193 $480,090 $194,103
2014 $6,895 $660,987 $470,686 $190,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S700523

California Regional Multiple Listing Service (CRMLS)

APN: 613-462-82