NOT LISTED FOR SALE

21325 Balsam Ln Unit 6 Lake Forest, CA 92630

Estimated Value: $697,000 - $705,000

2 Beds
2 Baths
995 Sq Ft
$305/mo HOA Fee

Last Sold November 02, 2021

Last sale price $540,000 $543 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,517/month

7 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Open to Family Room
  • Rancho Canada Elementary School Rated A-
  • Granite Countertops
  • Family Room Off Kitchen

About This Home

As of November 2021

Lovely upstairs unit with a spacious balcony for entertaining. Open plan kitchen within the Living room and dining area. Granite counter tops, upgraded appliances and laminate flooring throughout. This unit has lots of storage space including a shoe closet plus a coat closet. Secondary Bedroom is almost as big as the Master Bedroom with its own private Bathroom. One car attached garage which is longer than the standard size for storage and has EV hook up for your electric car. Enter through the front entrance and one set of stairs to the unit where all the living quarters are on one level. Property is situated close to absolutely everything Lake Forest and surrounding areas including Irvine Spectrum have to offer.

Last Agent to Sell the Property

sheila mayers

Together Realty License #01367259 Listed on: 09/27/2021

Last Buyer's Agent

Jay Park

Realty One Group West License #02052482

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Interior Spaces

  • 995 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • No Utilities
  • 220 Volts in Garage

Listing and Financial Details

  • Legal Lot and Block 1 / 19
  • Tax Tract Number 11907
  • Assessor Parcel Number 93994693
  • $63 per year additional tax assessments

Community Details

Overview

  • 160 Units
  • Tierra Vista Association, Phone Number (562) 423-0846
  • Management Trust HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,853

Year Built

Built in 1985

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994693
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 995.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Partially Furnished, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Levels: Two
  • Price Per Square Foot: 542.71
  • Room Type: All Bedrooms Up
  • Spa Features: Association, Community
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 260.00
  • Association #2 Fee: 135.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Vista
  • Phone: 5624230846
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Management Trust

Schools

  • School District: Saddleback Valley Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 160
  • Number Of Units Total: 560

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 524.22
  • Tax Lot: 1
  • Tax Tract Number: 11907
  • TaxOtherAnnualAssessmentAmount: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 26, 2021
Sold by
Hayashi Masami
Bought by
Park Hyeseung
Seller's Agent
sheila mayers
Together Realty
Buyer's Agent
Jay Park
Realty One Group West
List Price
$499,000
Sold Price
$540,000
Premium/Discount to List
$41,000
8.22%
Current Estimated Value
$702,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,464
Avg. Annual Appreciation
6.94%
Original Mortgage
$340,000
Outstanding Balance
$315,183
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$387,281

Purchase Details

Closed on
Jun 6, 2002
Sold by
Diacoumacos Pano
Bought by
Hayashi Masami

Purchase Details

Closed on
Apr 23, 2002
Sold by
Spencer Kim
Bought by
Hayashi Masami

Purchase Details

Closed on
Aug 8, 2000
Sold by
Tom Jackson and Tom Dinnelle
Bought by
Spencer Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 13, 1998
Sold by
Moore William J and Moore Frances J
Bought by
Jackson Tom R and Jackson Dinnelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
6.75%

Purchase Details

Closed on
Jan 28, 1998
Sold by
Moore Fran J and Moore William J
Bought by
Moore William J and Moore Frances J

Purchase Details

Closed on
Nov 8, 1994
Sold by
Moore Frances J
Bought by
Moore William J and Moore Frances J
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
Park Hyeseung $540,000 Lawyers Title Company
Hayashi Masami -- First American Title Co
Hayashi Masami $206,000 First American Title Co
Spencer Kim $171,000 Old Republic Title Company
Jackson Tom R -- United Title Company
Moore William J -- Stewart Title
Moore William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Hyeseung $340,000
Previous Owner Spencer Kim $171,000
Previous Owner Jackson Tom R $88,500
Closed Spencer Kim $17,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $540,000 +8.2% $543 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $499,000 -- $502 / 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 $5,853 $573,052 $482,980 $90,072
2024 $5,853 $561,816 $473,510 $88,306
2023 $5,714 $550,800 $464,225 $86,575
2022 $5,611 $540,000 $455,122 $84,878
2021 $2,875 $281,138 $173,290 $107,848
2020 $2,849 $278,256 $171,513 $106,743
2019 $2,791 $272,800 $168,150 $104,650
2018 $2,737 $267,451 $164,852 $102,599
2017 $2,681 $262,207 $161,619 $100,588
2016 $2,636 $257,066 $158,450 $98,616
2015 $2,603 $253,205 $156,070 $97,135
2014 $2,545 $248,246 $153,013 $95,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21209183

California Regional Multiple Listing Service (CRMLS)

APN: 939-946-93