NOT LISTED FOR SALE

Estimated Value: $1,237,457

4 Beds
2.5 Baths
1,899 Sq Ft
$652/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2021

Last sale price $1,050,000 $553 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,233 / mo

9 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Community Playground
  • Portola Hills Elementary School Rated A
  • 2 Car Attached Garage
  • Park

About This Home

As of November 2021

Rare opportunity to own an upgraded condominium at Lake Forest’s newly developed Lennar community of Oreste at Serrano Summit. This two-story floor plan (Builder Residence Plan 1) with four bedrooms and two and a half bathrooms, is perfect for a growing family. The entryway foyer leads you to the living room, dining room, and kitchen with a spacious center island. Upstairs, find three secondary bedrooms along with the owner's suite complete with a walk-in closet and spa-inspired bathroom with dual vanities. When entering the backyard you will immediately notice it is so attractive, the lot size more than neighbors. A few miles to retail shopping, convenient access to highways, and high-ranking Lake Forest schools. Residents will also be able to take advantage of the many amenities of a resort-style clubhouse with beach-entry pool, hydro-therapy spa, BBQs, and pickle ball courts, plus additional neighborhood parks with basketball courts, playgrounds, and more. Plus NO MELLO-ROOS!

Last Agent to Sell the Property

Fang Dai

Re/Max Galaxy License #01989354 Listed on: 09/08/2021

Re/Max Galaxy

Last Buyer's Agent

Lulu Janlus Chou

Pacific Sterling Realty License #01928447

Pacific Sterling Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2020

Lot Details

  • 2,391 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,899 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Schools

  • El Toro High School

Utilities

  • Central Air
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 18189
  • Assessor Parcel Number 93910510

Community Details

Overview

  • 16 Units
  • Serrrano Summit HOA, Phone Number (949) 672-9024

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 2020

Lot Details

2,391 Sq Ft Lot

HOA Fees

$396 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Serrano Summit
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93910510
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1899.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 552.92
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Purifier
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Clubhouse
  • Association Fee: 396.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrrano Summit HOA
  • Phone: 9496729024
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Park, Sidewalks
  • Association Management: Serrrano Summit HOA

Schools

  • High School: El Toro
  • High School2: ELTOR

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2391.00
  • Lot Size Acres: 0.0549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2391.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 18189

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 21, 2021
Sold by
Chen Yan
Bought by
Seller's Agent
Fang Dai
Re/Max Galaxy
Buyer's Agent
Lulu Janlus Chou
Pacific Sterling Realty
List Price
$949,000
Sold Price
$1,050,000
Premium/Discount to List
$101,000
10.64%
Current Estimated Value
$1,237,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,457
Avg. Annual Appreciation
3.43%
Original Mortgage
$705,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2020
Closed on
Nov 18, 2020
Sold by
Lennar Homes Of California Inc
Bought by
Chen Yan
Seller's Agent
Derek Oie
KELLER WILLIAMS REALTY COLLEGE PARK
Buyer's Agent
Xin Jin
The Oppenheim Group
List Price
$880,990
Sold Price
$854,000
Premium/Discount to List
-$26,990
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lake Forest, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$996,000 California Best Title Co
Chen Yan $854,000 Calatlantic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $705,000
Previous Owner Chen Yan $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2021 11/02/21 Sold $1,050,000 +10.6% $553 / Sq Ft
11/02/2021 11/02/21 Price Changed $949,000 0.0% $500 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $949,000 +11.1% $500 / Sq Ft
11/30/2020 11/30/20 Sold $854,000 -3.1% $450 / Sq Ft View Prior Sale
11/15/2020 11/15/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $880,990 -- $464 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,579 $1,078,101 $573,465 $504,636
2025 $10,923 $906,271 $523,245 $383,026
2024 $10,923 $1,036,238 $653,849 $382,389
2023 $10,665 $1,015,920 $641,028 $374,892
2022 $10,545 $996,000 $628,458 $367,542
2021 $9,019 $854,000 $493,065 $360,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21198318

California Regional Multiple Listing Service (CRMLS)

APN: 939-105-10

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