NOT LISTED FOR SALE

21323 Balsam Ln Unit 4 Lake Forest, CA 92630

Estimated Value: $702,000 - $725,000

2 Beds
2 Baths
1,104 Sq Ft
$303/mo HOA Fee

Last Sold November 01, 2019

Last sale price $419,000 $380 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,475/month

151 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Tennis Courts
  • Rancho Canada Elementary School Rated A-
  • Community Pool
  • Hiking Trails

About This Home

As of November 2019

Price Reduction!!!!! One of the best condos in Tierra Vista. This upstairs condo has 2 bedrooms and 2 full baths with brand new carpet and paint throughout. The bathrooms also have new fixtures. The open floorplan offers plenty of space for entertaining. The kitchen has a gas range, built-in microwave, dishwasher a new faucet and garbage disposal. There is a separate dining area that leads to the large living room which sits between the 2 master bedrooms. The large patio is accessible from the living room and both bedrooms giving plenty of natural light. This rare condo has its own in unit laundry room and direct access from the one car garage with a private entrance. Situated in a great location with no Mellow Roos, this condo also has AC and is ready for it’s new owner!

Last Agent to Sell the Property

Bill Hobbs

Berkshire Hathaway HomeService License #01241331 Listed on: 05/06/2019

Berkshire Hathaway HomeService

Last Buyer's Agent

Dean Erickson

First Team Real Estate License #01977042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,104 Sq Ft Home
  • Living Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11907
  • Assessor Parcel Number 93994691

Community Details

Overview

  • 168 Units
  • Tierra Vista Association, Phone Number (949) 716-3998
  • Serrano Highlands Association, Phone Number (714) 285-2626

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,661

Year Built

Built in 1986

Lot Details

0

HOA Fees

$303 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Tierra Vista (TV)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994691
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1104.00 Square Feet
  • Interior Amenities: Balcony, Tile Counters
  • 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
  • Levels: Two
  • Price Per Square Foot: 379.53
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Serrano Highlands
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Hiking Trails, Clubhouse
  • Association Fee: 255.00
  • Association #2 Fee: 145.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Vista
  • Phone: 949-716-3998
  • Association Phone #2: 714-285-2626
  • Senior Community: No
  • Community Features: Hiking, Street Lights, Suburban
  • Association Management: Tierra Vista

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 168
  • Number Of Units Total: 1

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
May 6, 2019
Closed on
Oct 8, 2019
Sold by
Thomas Larry L
Bought by
Johnson Phillip Royce and Hesse Kathryn A
Seller's Agent
Bill Hobbs
Berkshire Hathaway HomeService
Buyer's Agent
Dean Erickson
First Team Real Estate
List Price
$467,000
Sold Price
$419,000
Premium/Discount to List
-$48,000
-10.28%
Current Estimated Value
$713,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,657
Avg. Annual Appreciation
9.43%
Original Mortgage
$314,250
Outstanding Balance
$210,565
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$503,092

Purchase Details

Closed on
Nov 9, 1998
Sold by
Thomas Larry L
Bought by
Thomas Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.54%
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
Johnson Phillip Royce $419,000 Chicago Title Company
Thomas Larry L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Phillip Royce $314,250
Previous Owner Thomas Larry L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $419,000 0.0% $380 / Sq Ft
08/01/2019 08/01/19 Price Changed $419,000 -4.6% $380 / Sq Ft
06/19/2019 06/19/19 Price Changed $439,000 0.0% $398 / Sq Ft
06/06/2019 06/06/19 Price Changed $439,000 -6.0% $398 / Sq Ft
05/06/2019 05/06/19 For Sale $467,000 -- $423 / 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 $4,661 $458,235 $358,889 $99,346
2024 $4,661 $449,250 $351,851 $97,399
2023 $4,550 $440,442 $344,952 $95,490
2022 $4,468 $431,806 $338,188 $93,618
2021 $4,378 $423,340 $331,557 $91,783
2020 $4,338 $419,000 $328,158 $90,842
2019 $2,344 $230,639 $118,422 $112,217
2018 $2,299 $226,117 $116,100 $110,017
2017 $2,252 $221,684 $113,824 $107,860
2016 $2,213 $217,338 $111,592 $105,746
2015 $2,185 $214,074 $109,916 $104,158
2014 $2,137 $209,881 $107,763 $102,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19104856

California Regional Multiple Listing Service (CRMLS)

APN: 939-946-91