NOT LISTED FOR SALE

23235 Cavanaugh Rd Lake Forest, CA 92630

Estimated Value: $1,272,000 - $1,551,000

7 Beds
5 Baths
2,326 Sq Ft
$607/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $725,000 $312 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,170/month

22 Days on Market

Highlights

  • Main Floor Bedroom
  • Corner Lot
  • Central Heating and Cooling System
  • Serrano Intermediate School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of March 2017

7 bedroom 5 bathroom home currently used as an assisted living residence. Large Koi Pond in back yard. Large corner lot.

Last Agent to Sell the Property

Dale Babb

Regency Real Estate Brokers License #01113235 Listed on: 01/05/2017

Regency Real Estate Brokers

Last Buyer's Agent

Robert Castaneda

Re/Max Terrasol License #01044120

Re/Max Terrasol

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,502

Year Built

  • Built in 1973

Lot Details

  • 9,000 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,326 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • 5 Full Bathrooms

Schools

  • Olivewood Elementary School
  • Serrano Intermediate
  • El Toro High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 7414
  • Assessor Parcel Number 61735101

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,502

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61735101
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2326.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 7
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 311.69
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Olivewood
  • Middle School: Serrano Intermediate
  • High School: El Toro
  • Elementary School: Olivewood
  • High School: El Toro
  • Middle Or Junior School: Serrano Intermediate
  • Elementary School #2: OLIVEW
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9000.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 524.11
  • Tax Lot: 28
  • Tax Tract Number: 7414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jan 31, 2017
Sold by
Ohnemus Micheal T and Ohnemus Olivia G
Bought by
Shah Jitendra A and Shah Rekha J
Seller's Agent
Dale Babb
Regency Real Estate Brokers
Buyer's Agent
Robert Castaneda
Re/Max Terrasol
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,411,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,385
Avg. Annual Appreciation
8.06%
Original Mortgage
$507,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2007
Sold by
Ohnemus Michael T and Ohnemus Olivia G
Bought by
Ohnemus Michael T and Ohnemus Olivia G

Purchase Details

Closed on
Sep 6, 2006
Sold by
Ohnemus Michael T
Bought by
Ohnemus Michael T and Ohnemus Olivia Guillang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Ohnemus Michael T and Ohnemus Olivia Guillang
Bought by
Ohnemus Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Ohnemus Michael T
Bought by
Ohnemus Michael T and Ohnemus Olivia Guillang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Ohnemus Olivia Guillang
Bought by
Ohnemus Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Crew Edward G and Crew Petra M
Bought by
Ohnemus Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Parrino Concetta N
Bought by
Crew Edward G and Crew Petra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 31, 1999
Sold by
1997 Mariko Turner Revocable Trust
Bought by
Parrino Concetta N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 15, 1998
Sold by
Kimberleigh Nair
Bought by
1997 Mariko Turner Revocable Trust and Cavanaugh Trust #23235

Purchase Details

Closed on
Jun 1, 1998
Sold by
Kimberleigh Nair
Bought by
Ganan Victor G and Smart & Sweet Partnership
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
Shah Jitendra A $725,000 Orange Coast Title
Ohnemus Michael T -- None Available
Ohnemus Michael T -- None Available
Ohnemus Michael T -- Accommodation
Ohnemus Michael T -- United Title Company
Ohnemus Michael T -- Chicago Title
Ohnemus Michael T -- Chicago Title
Ohnemus Michael T $510,000 Chicago Title
Crew Edward G $310,000 First Southwestern Title Co
Parrino Concetta N $219,000 Southland Title Corporation
1997 Mariko Turner Revocable Trust $171,000 --
Ganan Victor G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Jitendra A $507,500
Previous Owner Ohnemus Michael T $466,000
Previous Owner Ohnemus Michael T $357,000
Previous Owner Crew Edward G $310,000
Previous Owner Parrino Concetta N $197,000
Closed Crew Edward G $31,000
Closed Ohnemus Michael T $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $725,000 0.0% $312 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $725,000 -- $312 / 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 $8,502 $841,420 $583,984 $257,436
2024 $8,502 $824,922 $572,533 $252,389
2023 $8,301 $808,748 $561,307 $247,441
2022 $8,154 $792,891 $550,301 $242,590
2021 $7,991 $777,345 $539,511 $237,834
2020 $7,920 $769,375 $533,979 $235,396
2019 $7,762 $754,290 $523,509 $230,781
2018 $7,617 $739,500 $513,244 $226,256
2017 $7,490 $727,378 $530,181 $197,197
2016 $7,367 $713,116 $519,785 $193,331
2015 $7,108 $686,000 $515,223 $170,777
2014 $6,272 $606,355 $435,578 $170,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17002069

California Regional Multiple Listing Service (CRMLS)

APN: 617-351-01