NOT LISTED FOR SALE

21304 Balsam Ln Unit 3 Lake Forest, CA 92630

Estimated Value: $700,000 - $809,000

2 Beds
2 Baths
1,104 Sq Ft
$313/mo HOA Fee

Last Sold November 13, 2020

Last sale price $430,000 $389 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,577/month

3 Days on Market

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Rancho Canada Elementary School Rated A-
  • Property is near a park
  • Breakfast Area or Nook

About This Home

As of November 2020

FABULOUS DEAL WON'T LAST...LOWEST PRICED FOR THIS AMAZING AND Exceptional Tierra Vista 2 bedroom condo in Serrano Highlands. Single level upper unit with 2 master suites each leading to a large balcony with views! This unit is light and bright and just painted . The complex has a pool and spa and is FHA and VA approved. You are just minutes away from The Irvine Spectrum and shops/restaurants. NO MELLO ROOS.
I can garage and 1 space parking in driveway.

Last Agent to Sell the Property

Cheryl Marquis

Luxre Realty, Inc. License #00851539 Listed on: 09/29/2020

Luxre Realty, Inc.

Last Buyer's Agent

Diane Olson

Berkshire Hathaway Home Services License #02031926

Berkshire Hathaway Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 1 Common Wall
  • Fenced
  • Fence is in good condition

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Planned Development
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,104 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Schools

  • Rancho Canada Elementary School
  • El Toro High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11907
  • Assessor Parcel Number 93994696

Community Details

Overview

  • 168 Units
  • Tierra Vista Association, Phone Number (949) 716-3998
  • Serrano Highlands HOA
  • Tierra Vista Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,808

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$313 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Tierra Vista (TV)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994696
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Living Area: 1104.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 389.49
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room
  • Spa Features: Association, Community
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 265.00
  • Association #2 Fee: 143.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Vista
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Hiking, Park, Storm Drains, Street Lights, Suburban
  • Association Management: Serrano Highlands

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Rancho Canada
  • Middle School: Serrano
  • High School: El Toro
  • Elementary School: Rancho Canada
  • High School: El Toro
  • Middle Or Junior School: Serrano
  • Elementary School #2: RANCAN
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 168
  • Number Of Units Total: 168

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 1
  • Tax Tract Number: 11907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 28, 2020
Sold by
Villanueva Lucia C and Lucia C Villanueva Living Trus
Bought by
Cage Thomas Grant and Cage Kathleen Rene
Seller's Agent
Cheryl Marquis
Luxre Realty, Inc.
Buyer's Agent
Diane Olson
Berkshire Hathaway Home Services
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%
Current Estimated Value
$728,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,648
Avg. Annual Appreciation
11.39%
Original Mortgage
$380,000
Outstanding Balance
$338,146
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$390,502

Purchase Details

Closed on
Feb 17, 2016
Sold by
Villanueva Lucia C and Villanueva Lucy
Bought by
Villanueva Lucia C and Lucia C Villanueva Living Trust

Purchase Details

Closed on
Jan 23, 2009
Sold by
Villanueva Lucy and Holguin Ileana
Bought by
Villanueva Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Mccoy Lawrence M
Bought by
Villanueva Lucy and Holguin Ileana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,911
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1997
Sold by
Mccoy Jeanne Marie
Bought by
Mccoy Lawrence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,700
Interest Rate
7.86%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 1995
Sold by
Mccoy Carmen E
Bought by
Mccoy Lawrence Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,720
Interest Rate
7.59%
Mortgage Type
Assumption

Purchase Details

Closed on
Sep 8, 1995
Sold by
Millier Jess P and Millier Sandra P
Bought by
Mccoy Lawrence Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,720
Interest Rate
7.59%
Mortgage Type
Assumption
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 Buyer Sale Price Title Company
Cage Thomas Grant $430,000 Wfg National Title
Villanueva Lucia C -- None Available
Villanueva Lucy $48,000 Chicago Title Company
Villanueva Lucy $147,500 Old Republic Title Company
Mccoy Lawrence M -- Lawyers Title
Mccoy Lawrence Michael -- Commonwealth Land Title
Mccoy Lawrence Michael $124,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cage Thomas Grant $380,000
Previous Owner Villanueva Lucy $220,000
Previous Owner Villanueva Lucy $141,911
Previous Owner Mccoy Lawrence M $131,700
Previous Owner Mccoy Lawrence Michael $127,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $430,000 +0.2% $389 / Sq Ft
09/29/2020 09/29/20 For Sale $429,000 0.0% $389 / Sq Ft
09/28/2020 09/28/20 Price Changed $429,000 -- $389 / 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
2025 $4,808 $465,445 $368,323 $97,122
2024 $4,808 $456,319 $361,101 $95,218
2023 $4,696 $447,372 $354,021 $93,351
2022 $4,612 $438,600 $347,079 $91,521
2021 $4,520 $430,000 $340,273 $89,727
2020 $3,736 $356,896 $198,189 $158,707
2019 $3,661 $349,899 $194,303 $155,596
2018 $3,593 $343,039 $190,493 $152,546
2017 $3,522 $336,313 $186,758 $149,555
2016 $3,463 $329,719 $183,096 $146,623
2015 $3,422 $324,767 $180,346 $144,421
2014 $3,163 $300,800 $165,319 $135,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20196997

California Regional Multiple Listing Service (CRMLS)

APN: 939-946-96