NOT LISTED FOR SALE

Estimated Value: $1,164,000 - $1,251,000

4 Beds
2.5 Baths
1,877 Sq Ft
1,908 Sq Ft Lot

Sale Details

Date Sold: August 2, 2021

Last sale price $940,000 $501 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,821 / mo

15 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Great Room
  • Portola Hills Elementary School Rated A
  • Property is near park
  • Stone Countertops

About This Home

As of August 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. When entering you will immediately notice the abundance of natural light entering from all angles which perfectly highlight the upgraded flooring. The entry foyer provides access to community areas such as the living room, dining room, and kitchen (replete with a spacious center island)! All bedrooms can be found upstairs: the owner's primary suite complete with a walk-in closet and spa-inspired bathroom and dual vanities, along with three well-sized secondary bedrooms. Enjoy the close proximity to retail shopping, convenient access to highways, and don’t forget the high-ranking Lake Forest schools! This new planned community also boasts many exciting amenities including a recreation center with pool, spa, BBQ areas, fireplaces, outdoor event space, and even extremely popular pickleball courts! Greenbelts and tranquility populate the landscape with additional neighborhood parks, playgrounds, and more. NO MELLO-ROOS!

Last Agent to Sell the Property

Sinuo Li

Chang Sheng Realty License #02048547 Listed on: 06/08/2021

Chang Sheng Realty

Last Buyer's Agent

Wen Hung Huang

JC Pacific Corp. License #01921061

JC Pacific Corp.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020

Lot Details

  • 1,908

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,877 Sq Ft Home
  • Great Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Location

  • Property is near park
  • Suburban Location

Schools

  • Rancho Canada Elementary School
  • Serrano Intermediate
  • El Toro High School

Utilities

  • Central Air
  • Natural Gas Connected
  • Water Purifier
  • Water Softener
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 18189

Community Details

Overview

  • 66 Units
  • Serrano Summit HOA, Phone Number (949) 672-9024
  • Seabreeze Management Company HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Year Built

Built in 2020

Lot Details

1,908 Sq Ft Lot

HOA Fees

$396 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: refrigerator, washer and dryer
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Serrano Summit-Oreste
  • View: No
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1877.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • 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: 500.80
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Water Purifier, Water Softener
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Sport Court, Clubhouse
  • Association Fee: 396.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Summit HOA
  • Phone: 949.672.9024
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Park, Sidewalks, Street Lights, Suburban
  • Association Management: Seabreeze Management Company

Schools

  • Elementary School: Rancho Canada
  • High School: El Toro
  • Middle Or Junior School: Serrano Intermediate
  • Elementary School #2: RANCAN
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1906.00
  • Lot Size Acres: 0.0438
  • Latitude Manual: 33.66200000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1906.0000 Square Feet
  • Number Of Units In Community: 66
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • 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
Jun 8, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
Sinuo Li
Chang Sheng Realty
Buyer's Agent
Wen Hung Huang
JC Pacific Corp.
List Price
$898,000
Sold Price
$940,000
Premium/Discount to List
$42,000
4.68%
Current Estimated Value
$1,214,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,649
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Nov 5, 2020
Sold by
Bought by

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
Interest Rate
0.0387%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$940,000 Stewart Title
$805,000 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 $483,000
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
08/02/2021 08/02/21 Sold $940,000 +4.7% $501 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $898,000 -- $478 / 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
2025 $10,367 $997,535 $608,315 $389,220
2024 $10,367 $977,976 $596,387 $381,589
2023 $10,124 $958,800 $584,693 $374,107
2022 $9,943 $940,000 $573,228 $366,772
2021 $8,492 $805,000 $444,785 $360,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21122347

California Regional Multiple Listing Service (CRMLS)

APN: 939-105-15

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