NOT LISTED FOR SALE

22942 Ridge Route Dr Lake Forest, CA 92630

Estimated Value: $8,391,052

-- Bed
-- Bath
2,552 Sq Ft
$3,288/Sq Ft Est. Value

About This Home

This home is located at 22942 Ridge Route Dr, Lake Forest, CA 92630 and is currently estimated at $8,391,052, approximately $3,288 per square foot. 22942 Ridge Route Dr is a home located in Orange County with nearby schools including Olivewood Elementary School, Serrano Intermediate School, and El Toro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Ki Hong Park And Linda Okrye Park Liv Tr
Bought by
Dream Corner Enterprises Llc
Current Estimated Value
$8,391,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2018
Sold by
Capture Investments Llc
Bought by
Park Ki Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2009
Sold by
Mgbh Llc
Bought by
Capture Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dream Corner Enterprises Llc $4,900,000 Chicago Title Company
Park Ki Hong $4,600,000 Fidelity National Title Co
Capture Investments Llc -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dream Corner Enterprises Llc $2,900,000
Previous Owner Park Ki Hong $1,760,000
Source: Public Records

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 $55,126 $5,460,979 $3,235,005 $2,225,974
2024 $55,126 $5,358,864 $3,171,573 $2,187,291
2023 $53,824 $5,253,789 $3,109,386 $2,144,403
2022 $52,867 $5,150,774 $3,048,418 $2,102,356
2021 $51,816 $5,049,779 $2,988,645 $2,061,134
2020 $51,353 $4,998,000 $2,958,000 $2,040,000
2019 $47,247 $4,600,000 $2,600,000 $2,000,000
2018 $34,739 $3,378,275 $2,214,208 $1,164,067
2017 $34,106 $3,317,669 $2,170,792 $1,146,877
2016 $33,601 $3,258,252 $2,128,228 $1,130,024
2015 $33,242 $3,213,627 $2,096,260 $1,117,367
2014 $31,695 $3,070,119 $2,055,197 $1,014,922
Source: Public Records

Map

California Orange County Lake Forest 92630

22942 Ridge Route Dr, Lake Forest, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes