NOT LISTED FOR SALE

23502 Cavanaugh Rd Lake Forest, CA 92630

Estimated Value: $1,194,000 - $1,225,000

3 Beds
2 Baths
1,743 Sq Ft
$692/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $724,900 $416 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,927/month

8 Days on Market

Highlights

  • Solar Power System
  • Main Floor Bedroom
  • Private Yard
  • Primary Bedroom Suite
  • Bonus Room
  • No HOA

About This Home

As of December 2019

We are accepting backup offers! Charming single-level 3 Bed / 2 Bath home on a large & private 7,200 Sq Ft lot. Privately owned solar system (fully paid off). No Homeowners Association! Low taxes! Detached workshop / studio! This adorable home is perfect for both growing or downsizing families. The main entry welcomes you to a spacious semi-open and well-balanced floorplan. Enjoy cooking and entertaining friends and family in your kitchen that opens directly to the dining room. This kitchen features stainless appliance, gas cooktop, and fresh white cabinets and endless storage space. The large family room is perfect for relaxing by a cozy fire while watching your favorite movie or TV shows. Adjacent to the family room is a spacious bonus room (permitted) with direct access to the covered patio and private backyard. Located in the backyard is a nice detached building that is perfect for a workshop, art studio, play area, or added storage. For those who enjoy gardening, this property offers plenty of space to nurture beautiful flowers or grow your favorite fruit trees. This move-in ready home also features new low-pile carpet and paint, dual pane windows, recessed lighting, ceiling fans, upgraded bathroom vanities, and much more. You’ll love this convenient location that is just blocks from shopping, dining, and neighborhood parks. You’ll also appreciate the quick access to the 5 freeway, close proximity to Irvine Spectrum, and the short drive to the beach.

Last Agent to Sell the Property

Matt Whitcomb

Coldwell Banker Realty License #01981021 Listed on: 10/30/2019

Coldwell Banker Realty

Last Buyer's Agent

Matt Whitcomb

Coldwell Banker Realty License #01981021 Listed on: 10/30/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 7,200 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,743 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room
  • Center Hall
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 4985
  • Assessor Parcel Number 61716202

Home Details

Home Type

Single Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61716202
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1743.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Recessed Lighting, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 415.89
  • Room Type: All Bedrooms Down, Bonus Room, Center Hall, Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Outbuilding
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater Central
  • Electric: Photovoltaics Seller Owned, Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653
  • Latitude Manual: 33.62118700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.11
  • Tax Lot: 114
  • Tax Tract Number: 4985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 12, 2019
Sold by
Thompson James M and Thompson Brenda J
Bought by
Yang Jimmy and Yang Brenda
Seller's Agent
Matt Whitcomb
Coldwell Banker Realty
Buyer's Agent
Matt Whitcomb
Coldwell Banker Realty
List Price
$724,900
Sold Price
$724,900
Current Estimated Value
$1,205,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,440
Avg. Annual Appreciation
8.58%
Original Mortgage
$480,000
Outstanding Balance
$423,114
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$782,226

Purchase Details

Closed on
Aug 25, 2012
Sold by
Thompson James Mount and Thompson Brenda Jean
Bought by
Thompson James M and Thompson Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Thompson James Mount and Thompson Brenda Jean
Bought by
Thompson James Mount and Thompson Brenda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Thompson James Mount and Thompson Brenda Jean
Bought by
Thompson James Mount and Thompson Brenda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Thompson James M and Thompson Brenda J
Bought by
Thompson James Mount and Thompson Brenda Jean

Purchase Details

Closed on
Nov 6, 2003
Sold by
Segler Glen T and Segler Ruth
Bought by
Thompson James M and Thompson Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,300
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Yang Jimmy $725,000 First American Title Company
Thompson James M -- None Available
Thompson James Mount -- Accommodation
Thompson James Mount -- First American Title Company
Thompson James Mount -- Accommodation
Thompson James Mount -- First American Title Company
Thompson James Mount -- None Available
Thompson James M $433,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jimmy $480,000
Previous Owner Thompson James Mount $293,000
Previous Owner Thompson James Mount $300,000
Previous Owner Thompson James M $346,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $724,900 0.0% $416 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $724,900 -- $416 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,011 $792,781 $638,559 $154,222
2024 $8,011 $777,237 $626,038 $151,199
2023 $7,822 $761,998 $613,763 $148,235
2022 $7,683 $747,057 $601,728 $145,329
2021 $7,531 $732,409 $589,929 $142,480
2020 $7,463 $724,900 $583,880 $141,020
2019 $6,007 $590,325 $462,289 $128,036
2018 $5,894 $578,750 $453,224 $125,526
2017 $5,775 $567,402 $444,337 $123,065
2016 $5,678 $556,277 $435,625 $120,652
2015 $5,609 $547,922 $429,082 $118,840
2014 $5,330 $522,066 $411,152 $110,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19253485

California Regional Multiple Listing Service (CRMLS)

APN: 617-162-02