NOT LISTED FOR SALE

22242 Lantern Ln Lake Forest, CA 92630

Estimated Value: $1,449,000 - $1,731,000

5 Beds
2.5 Baths
3,100 Sq Ft
$513/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $850,000 $274 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,152/month

33 Days on Market

Highlights

  • Heated Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • La Madera Elementary School Rated A
  • Property is near a park
  • 3 Car Attached Garage

About This Home

As of July 2018

Live the life you always dreamed of in this beautiful 5 BD luxury pool home located in the highly sought after private South Lake Forest community of Woodwalk. This 3100 sq ft two story floor plan with 3 FIREPLACES originally boasted 2,949 sq ft. In 2004 a 150 sq ft kitchen addition was permitted and built to support the weight of an office expansion overhead. This is your DREAM HOME with all bedrooms located on the upper level and the rooms for socializing on the lower level. The huge bonus room is plumbed for a wet bar wet bar which is ideal for a mother in law or teenager's paradise or huge game room. The MASTER BEDROOM HAS A COZY SUNKEN RETREAT AREA WITH FIREPLACE as well as a PRIVATE BALCONY to enjoy the soothing sound of the backyard waterfall at the end of a busy day. The lower level rooms are all committed to entertaining with hard wood floors, an open floor plan that flows seamlessly between the indoor and outdoor spaces, FIREPLACES IN THE FAMILY AND LIVING ROOM, a THREE CAR GARAGE, and an ABSOLUTELY AMAZING BACKYARD WITH SALT WATER POOL, SPA, WATERFALL AND BUILT IN BBQ AREA ...As an added bonus, as a homeowner in this community you are also a member of the 'resort like' Sun and Sail Club with 4 pools, basketball court, volleyball, children's play area, 8 tennis courts, inside workout rooms with a view of the lake. This home is, hands down, the finest 5 bedroom available in this area in this price range and will go fast!

Last Agent to Sell the Property

Kim Montgomery

Relocate 2 OC License #01399081 Listed on: 04/26/2018

Last Buyer's Agent

Alisa Latman

Harcourts Prime Properties License #01040041

Harcourts Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,701

Year Built

  • Built in 1976

Lot Details

  • 5,912

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated Pool
  • Waterfall Pool Feature

Additional Features

  • Outdoor Grill
  • 5,912 Sq Ft Lot
  • Property is near a park
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 61428129

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,701

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Woodwalk (WW)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61428129
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3100.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 274.19
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Private, Heated, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Barbecue
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5912.00

Multi Family

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

Tax Info

  • Tax Census Tract: 524.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 4, 2018
Sold by
Garica Kari J
Bought by
Pappas Philips and Pappas Peggy
Seller's Agent
Kim Montgomery
Relocate 2 OC
Buyer's Agent
Alisa Latman
Harcourts Prime Properties
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,590,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,972
Avg. Annual Appreciation
8.94%
Original Mortgage
$679,650
Outstanding Balance
$589,099
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,001,873

Purchase Details

Closed on
Jun 6, 2010
Sold by
Garcia Anthony M
Bought by
Garcia Kari J

Purchase Details

Closed on
Jun 1, 1999
Sold by
Kiernan Paul B and Kiernan Sheila M
Bought by
Garcia Anthony M and Garcia Kari J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,950
Interest Rate
7.25%

Purchase Details

Closed on
Sep 16, 1996
Sold by
Kiernan Paul B and Kiernan Sheila M
Bought by
Kiernan Paul B and Kiernan Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.88%
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
Pappas Philips $850,000 First American Title Co
Garcia Kari J -- None Available
Garcia Anthony M $335,000 --
Kiernan Paul B -- Stewart Title
Kiernan Paul B -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappas Philips $679,650
Previous Owner Garcia Anthony M $267,950
Previous Owner Kiernan Paul B $118,000
Closed Garcia Anthony M $33,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $850,000 0.0% $274 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $850,000 -- $274 / 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 $9,701 $955,381 $709,336 $246,045
2024 $9,701 $929,598 $695,428 $234,170
2023 $9,471 $911,371 $681,792 $229,579
2022 $9,301 $893,501 $668,423 $225,078
2021 $9,115 $875,982 $655,317 $220,665
2020 $9,032 $867,000 $648,597 $218,403
2019 $8,851 $850,000 $635,879 $214,121
2018 $5,225 $499,603 $258,608 $240,995
2017 $5,049 $489,807 $253,537 $236,270
2016 $4,964 $480,203 $248,565 $231,638
2015 $4,903 $472,990 $244,831 $228,159
2014 $4,796 $463,725 $240,035 $223,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18095074

California Regional Multiple Listing Service (CRMLS)

APN: 614-281-29