NOT LISTED FOR SALE

22842 Cedarspring Lake Forest, CA 92630

Estimated Value: $1,340,433 - $1,409,000

4 Beds
3 Baths
2,136 Sq Ft
$640/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $815,000 $382 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,979/month

49 Days on Market

Highlights

  • Heated Lap Pool
  • Open Floorplan
  • Traditional Architecture
  • Montevideo Elementary School Rated A-
  • Property is near a park
  • 2-minute walk to Cherry Park

About This Home

As of December 2019

This meticulously maintained 4 bed/3 bath home is nestled inside the family-friendly community of Bennett Ranch...The Heart of Lake Forest. Step inside and be welcomed by the warmth of natural light and the timeless blend of traditional elegance. The living and dining room areas flow openly allowing for ease of entertainment when hosting a gathering. The expansive family room with custom built-in cabinetry is anchored by a dramatic fireplace and opens to an updated kitchen with stainless steel appliances, granite countertops and a sunny breakfast nook. Main level bedroom and full bath offer options for home office or guest room. Upstairs, the spacious Master Suite is drenched in natural light and includes a beautifully remodeled master bath with step-in shower, dual vanities, custom cabinetry and his-n-hers closets. The third and fourth bedrooms have ample space for large beds and furniture, and the third bath is conveniently located just down the hall. A private oasis awaits in the rear yard with a sparkling saltwater lap pool & spa with spillway waterfalls, built-in BBQ island, and large covered patio perfect for dining al fresco. Other upgrades include newer 40 year metal roof, double pane windows, A/C, ceiling fans, remodeled baths, custom cabinetry, 2 car garage, and Owned Solar! Low taxes, No Mello Roos and just steps to Cherry Park and walking/biking trails. Easy freeway access and close to dining, shopping, entertainment and world famous beaches. Welcome Home!

Last Agent to Sell the Property

Ken Crane

First Team Real Estate License #01523050 Listed on: 09/26/2019

First Team Real Estate

Co-Listed By

Colleen Crane

First Team Real Estate License #01927076

Last Buyer's Agent

Rita Reagan

Alta Realty Group CA, Inc. License #00759766

Alta Realty Group CA, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,005

Year Built

  • Built in 1981

Lot Details

  • 5,200 Sq Ft Lot
  • Northwest Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Garden
  • Back and Front Yard

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway Up Slope From Street
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Garden Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Self-Cleaning Convection Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Mirrored Closets Doors
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

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

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Waterfall Pool Feature
  • Pool Tile
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Cordillera Elementary School
  • Los Aliso Middle School
  • El Toro High School

Utilities

  • Ducts Professionally Air-Sealed
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • Property is near a park

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 10263
  • Assessor Parcel Number 61322111

Community Details

Overview

  • Bennett Ranch Association, Phone Number (949) 582-7770
  • Progressive HOA
  • Built by William Lyons
  • Plan 4

Recreation

  • Community Playground
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,005

Year Built

Built in 1981

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Bennett Ranch South (BN)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61322111
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2136.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 381.55
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Separate Family Room
  • Spa Features: Private, Heated, In Ground, Permits
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Garden Window(s), Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Privacy, Stucco Wall, Vinyl
  • Builder Name: William Lyons
  • Patio And Porch Features: Covered, Patio, Front Porch, Stone, Wood
  • Pool Features: Private, Heated, Gas Heat, In Ground, Lap, Permits, Salt Water, Tile, Waterfall
  • Pool Private: Yes
  • Roof: Metal
  • Spa: Yes
  • Construction Materials: Block, Drywall Walls, Ducts Professionally Air-Sealed, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking Features: Driveway Up Slope From Street, Garage, Garage Faces Front, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Forced Air, Electric, Fireplace(s)
  • 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: Playground, Hiking Trails
  • Association Fee: 57.00
  • Association Fee Frequency: Monthly
  • Association Name: Bennett Ranch
  • Phone: 949-582-7770
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks
  • Association Management: Progressive

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Cordillera
  • Middle School: Los Aliso
  • High School: El Toro
  • Elementary School: Cordillera
  • High School: El Toro
  • Middle Or Junior School: Los Aliso
  • Elementary School #2: CORDIL
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Park Nearby, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Units In Community: 63
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.27
  • Tax Lot: 83
  • Tax Tract Number: 10263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Truong Rick
Bought by
Vo Phuong Thi Ai
Current Estimated Value
$1,367,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Outstanding Balance
$439,197
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$928,161

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 9, 2019
Sold by
Truong Rick
Bought by
Vo Phuong Thi
Seller's Agent
Ken Crane
First Team Real Estate
Buyer's Agent
Rita Reagan
Alta Realty Group CA, Inc.
List Price
$835,000
Sold Price
$815,000
Premium/Discount to List
-$20,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$652,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 20, 2019
Sold by
Petrella Salvatore V and Petrella Karen B
Bought by
Vo Phuong Thi
Seller's Agent
Ken Crane
First Team Real Estate
Buyer's Agent
Rita Reagan
Alta Realty Group CA, Inc.
List Price
$835,000
Sold Price
$815,000
Premium/Discount to List
-$20,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2015
Sold by
Petrella Salvatore V and Petrella Karen B
Bought by
2015 Salvatore & Karen Petrella Family T

Purchase Details

Closed on
Jul 30, 1998
Sold by
Alan Hardwick R and Alan Barbara L
Bought by
Petrella Salvatore and Petrella Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Vo Phuong Thi Ai -- Lawyers Title Company
Vo Phuong Thi Ai -- Lawyers Title Company
Vo Phuong Thi -- Western Resources Title Co
Vo Phuong Thi $815,000 Western Resources Title
2015 Salvatore & Karen Petrella Family T -- None Available
Petrella Salvatore -- None Available
Petrella Salvatore $320,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vo Phuong Thi Ai $483,000
Closed Vo Phuong Thi $652,000
Previous Owner Petrella Salvatore $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $815,000 -0.6% $382 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $820,000 -1.8% $384 / Sq Ft
09/26/2019 09/26/19 For Sale $835,000 -- $391 / 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 $9,005 $891,319 $690,317 $201,002
2024 $9,005 $873,843 $676,782 $197,061
2023 $8,792 $856,709 $663,511 $193,198
2022 $8,636 $839,911 $650,501 $189,410
2021 $8,464 $823,443 $637,746 $185,697
2020 $8,389 $815,000 $631,207 $183,793
2019 $4,564 $449,709 $242,550 $207,159
2018 $4,477 $440,892 $237,794 $203,098
2017 $4,387 $432,248 $233,132 $199,116
2016 $4,313 $423,773 $228,561 $195,212
2015 $4,260 $417,408 $225,128 $192,280
2014 $4,166 $409,232 $220,718 $188,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19221885

California Regional Multiple Listing Service (CRMLS)

APN: 613-221-11