NOT LISTED FOR SALE

22793 Islamare Ln Lake Forest, CA 92630

Estimated Value: $1,202,000 - $1,585,000

4 Beds
3 Baths
2,367 Sq Ft
$597/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $780,000 $330 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,320/month

134 Days on Market

Highlights

  • Boat Dock
  • Filtered Pool
  • Lake View
  • Serrano Intermediate School Rated A-
  • Solar Power System
  • Dual Staircase

About This Home

As of August 2020

From the moment you arrive, you will absolutely love this gorgeous Lake Forest home by the lake. Relax on the brick patio and watch the geese swim by while enjoying quality time with family and friends. The kitchen has been updated with granite counters and stainless steel appliances. The large master bedroom features a peek-a-boo view of the lake, as well as a walk-in closet and en suite bathroom. Jack and Jill bedrooms with separate granite vanities in both rooms offer lots of storage space. An additional, fourth bedroom downstairs is perfect for guests or in-laws. Parking is never an issue with the attached, two-car garage. This is a solar energy home with an easy lease to assume. Your electric bills stay low so you can run your AC in the summer and heater in the winter. This location also affords you and your family membership in the Lake Forest Beach and Tennis Club. An easy walk or ride to the club for the beach, pool or tennis. There is a spacious clubhouse with classes, recreation and meeting rooms. Hurry! Homes in this excellent area do not last!

Last Agent to Sell the Property

Jay Bourgana

Radius Agent Realty License #01928658 Listed on: 02/26/2020

Last Buyer's Agent

Brooke Chik

Pacific Sotheby's Int'l Realty License #01990116

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,704

Year Built

  • Built in 1969

Lot Details

  • 4,300 Sq Ft Lot
  • Front Yard Sprinklers
  • Lawn

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,367 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Pool

  • Filtered Pool
  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 120
  • Tax Tract Number 6654
  • Assessor Parcel Number 61728443

Community Details

Overview

  • Lake Forest Community Association, Phone Number (714) 357-9111
  • Elite Property Services HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Sport Court
  • Bocce Ball Court
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,704

Year Built

Built in 1969

Lot Details

0

HOA Fees

$194 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Deane Lake Homes (DL)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61728443
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2367.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 329.53
  • Room Type: Family Room, Formal Entry, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Bathroom Features: Double Sinks In Master Bath, Granite Counters, Hollywood Bathroom (Jack&Jill), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Lake
  • Patio And Porch Features: Brick, Concrete, Patio
  • Pool Features: Association, Community, Filtered, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Solar
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Dock, Tennis Court(s), Bocce Ball Court, Sport Court, Clubhouse, Billiard Room, Cable TV
  • Association Fee: 194.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Forest Community Association
  • Phone: 714-357-9111
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Elite Property Services

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 4300.00
  • Lot Size Acres: 0.0987

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.10
  • Tax Lot: 120
  • Tax Tract Number: 6654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jul 16, 2020
Sold by
Wadin James R
Bought by
Lackey Erik and Lackey Clancy
Seller's Agent
Jay Bourgana
Radius Agent Realty
Buyer's Agent
Brooke Chik
Pacific Sotheby's Int'l Realty
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,413,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,939
Avg. Annual Appreciation
12.05%
Original Mortgage
$624,000
Outstanding Balance
$553,322
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$860,617

Purchase Details

Closed on
Feb 10, 2020
Sold by
Wadin Anderson M and Wadin James R
Bought by
Wadin James R

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 12, 2017
Sold by
Noreff B Investments
Bought by
Wadin Anderson M and Wadin James R
Seller's Agent
Cooper Hanning
Harcourts Prime Properties
Buyer's Agent
Meredith Lancona
Legacy 15 Real Estate Brokers
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$644,230
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 17, 2016
Closed on
Dec 19, 2016
Sold by
Fossum Scott W and Fossum Nicole D
Bought by
The 22793 Islamare Trust and Noreff B Investments
Seller's Agent
Susan Stoker
Bullock Russell RE Services
Buyer's Agent
Cooper Hanning
Harcourts Prime Properties
List Price
$605,000
Sold Price
$605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.63%

Purchase Details

Closed on
Feb 9, 2010
Sold by
Avila Margarita
Bought by
Fossum Scott W and Fossum Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,128
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2000
Sold by
Nadal Robert R and Nadal Catherine A
Bought by
Avila Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
8.12%

Purchase Details

Closed on
Aug 5, 1998
Sold by
Catherine Padus and Catherine A
Bought by
Nadal Robert R and Nadal Catherine A

Purchase Details

Closed on
Sep 5, 1996
Sold by
Catherine Padus
Bought by
Padus Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,600
Interest Rate
6.87%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Padus Michael
Bought by
Padus Catherine A
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
Lackey Erik $780,000 Ticor Title
Wadin James R -- Ticor Ttl Orange Cnty Branch
Wadin Anderson M $720,000 Lawyers Title
The 22793 Islamare Trust $605,000 Lawyers Title
Fossum Scott W $545,000 Lawyers Title
Avila Margarita $294,500 Orange Coast Title
Nadal Robert R -- --
Padus Catherine A -- Guardian Title Company
Padus Catherine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lackey Erik $624,000
Previous Owner Wadin Anderson M $644,230
Previous Owner Fossum Scott W $535,128
Previous Owner Avila Margarita $235,600
Previous Owner Padus Catherine A $220,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $780,000 0.0% $330 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/03/2020 07/03/20 Off Market $780,000 -- --
06/03/2020 06/03/20 Price Changed $749,000 -6.3% $316 / Sq Ft
06/02/2020 06/02/20 For Sale $799,000 +2.4% $338 / Sq Ft
03/16/2020 03/16/20 Off Market $780,000 -- --
03/15/2020 03/15/20 For Sale $799,000 +2.4% $338 / Sq Ft
03/14/2020 03/14/20 Off Market $780,000 -- --
02/26/2020 02/26/20 For Sale $749,000 +4.0% $316 / Sq Ft
06/21/2017 06/21/17 Sold $720,000 -2.4% $304 / Sq Ft View Prior Sale
04/22/2017 04/22/17 Price Changed $738,000 -1.6% $312 / Sq Ft
03/26/2017 03/26/17 Price Changed $749,888 -0.9% $317 / Sq Ft
03/03/2017 03/03/17 Price Changed $757,000 +0.9% $320 / Sq Ft
03/02/2017 03/02/17 For Sale $750,000 +4.2% $317 / Sq Ft
02/27/2017 02/27/17 Off Market $720,000 -- --
02/11/2017 02/11/17 Price Changed $750,000 -2.0% $317 / Sq Ft
01/31/2017 01/31/17 For Sale $765,000 +26.4% $323 / Sq Ft
12/22/2016 12/22/16 Sold $605,000 0.0% $256 / Sq Ft View Prior Sale
12/17/2016 12/17/16 Pending -- -- --
12/17/2016 12/17/16 For Sale $605,000 -- $256 / 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 $8,704 $844,296 $633,271 $211,025
2024 $8,704 $827,742 $620,854 $206,888
2023 $8,500 $811,512 $608,680 $202,832
2022 $8,348 $795,600 $596,745 $198,855
2021 $8,182 $780,000 $585,044 $194,956
2020 $8,028 $764,069 $578,212 $185,857
2019 $7,867 $749,088 $566,875 $182,213
2018 $7,720 $734,400 $555,759 $178,641
2017 $6,352 $605,000 $426,678 $178,322
2016 $6,196 $594,271 $451,551 $142,720
2015 $6,120 $585,345 $444,768 $140,577
2014 $5,987 $573,879 $436,055 $137,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20036632

California Regional Multiple Listing Service (CRMLS)

APN: 617-284-43