$1,299,000
SOLD JAN 14, 2025

23722 Cavanaugh Rd Lake Forest, CA 92630

4 Beds
2 Baths
2,117 Sq Ft
7,440 Sq Ft Lot

Recently Sold

$614 Per Sq Ft

5% Below List Price

55 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Property is near park and public transit
  • Updated Kitchen
  • Mountain View
  • Main Floor Bedroom

About This Home

As of January 2025

Discover this beautifully updated 4-bedroom home, where modern elegance meets timeless charm, nestled in the coveted heart of Lake Forest, Orange County. From the moment you step inside, you'll be enchanted by the perfect blend of contemporary design and classic craftsmanship, creating a space that feels both sophisticated and welcoming.
The open layout is graced with luxurious white oak vinyl plank flooring and designer tile that create a warm, sophisticated ambiance throughout. A striking modern fireplace adds a cozy touch to the living space, while a brand-new roof provides peace of mind.
In the kitchen, stunning quartz countertops, elegant floating shelves, and sleek stainless steel appliances come together to create a space that’s both stylish and functional. The bathrooms are equally impressive, featuring double vanities, Starphire shower glass, and designer fixtures that lend a touch of luxury to your everyday routine.
The entire home has been thoughtfully upgraded, with fresh interior and exterior paint, new flooring, baseboards, trim, and modern hardware. Every detail has been considered, from new outlets and switches to the convenience of a state-of-the-art camera video doorbell and a new smart garage door motor.
Energy efficiency is top-notch, with double-pane windows and new LED recessed lighting, ensuring comfort year-round. Step outside to the beautifully landscaped front and backyards, where luscious green grass and producing fruit trees create a serene outdoor retreat.
Conveniently located just minutes from the 5 freeway, this home offers easy access to shopping, dining, and several public parks, all situated within the highly rated Saddleback Valley Unified School District. Enjoy the advantages of no HOA fees, no Mello Roos, and a low tax rate, making this home an exceptional value. Nearby, the recently upgraded Veterans Park (the Duck Pond) provides a lovely community amenity that honors our military veterans while offering a serene setting for wildlife viewing, enriching the local atmosphere. Don’t miss your opportunity to own this stunning home in Lake Forest, where comfort and convenience come together to ensure a delightful living experience.

Last Agent to Sell the Property

Dana Duncan

Luxre Realty, Inc. Brokerage Phone: 818-398-0042 License #01974302 Listed on: 10/23/2024

Luxre Realty, Inc.

Last Buyer's Agent

Jeffrey Payatt

eXp Realty of California Inc License #02078382

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,440 Sq Ft Lot
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

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

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,117 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Vinyl Flooring
  • Mountain Views
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit
  • Suburban Location

Schools

  • Olivewood Elementary School
  • El Toro High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4985
  • Assessor Parcel Number 61718403
  • $21 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Republic Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1964 | 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
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Republic (RP)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61718403
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2117.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 613.60
  • Room Type: Attic, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights, Suburban

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Rocks, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7440.00
  • Lot Size Acres: 0.1708

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7440.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.11
  • Tax Lot: 5
  • Tax Tract Number: 4985
  • TaxOtherAnnualAssessmentAmount: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 18, 2024
Sold by
Oc Home Buyers Llc
Bought by
Knightly Holdings Llc
Seller's Agent
Dana Duncan
Luxre Realty, Inc.
Buyer's Agent
Jeffrey Payatt
eXp Realty of California Inc
List Price
$1,374,000
Sold Price
$1,299,000
Premium/Discount to List
-$75,000
-5.46%
Views
139
Current Estimated Value
$1,320,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,138
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Apr 22, 2024
Sold by
Paulsen Rikki M
Bought by
Paulsen Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,750
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 11, 2024
Sold by
Paulsen Michael M
Bought by
Oc Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,750
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2023
Sold by
Alice L Reiman Trust
Bought by
Paulsen Michael M

Purchase Details

Closed on
Mar 10, 2006
Sold by
Reiman Alice Loriga
Bought by
Reiman Alice L and Alice L Reiman Trust
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 Type Sale Price Title Company
Grant Deed $1,299,000 California Best Title
Grant Deed $1,299,000 California Best Title
Grant Deed -- California Best Title
Grant Deed $943,000 California Best Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,008,750 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2025 01/14/25 Sold $1,299,000 -0.1% $614 / Sq Ft
11/19/2024 11/19/24 Price Changed $1,299,900 -1.8% $614 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,324,000 -3.6% $625 / Sq Ft
10/23/2024 10/23/24 For Sale $1,374,000 -- $649 / 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 $12,080 $1,173,000 $1,043,668 $129,332
2024 $12,080 $1,173,000 $1,043,668 $129,332
2023 $11,795 $1,150,000 $1,023,203 $126,797
2022 $903 $93,063 $26,540 $66,523
2021 $884 $91,239 $26,020 $65,219
2020 $875 $90,304 $25,753 $64,551
2019 $857 $88,534 $25,248 $63,286
2018 $839 $86,799 $24,753 $62,046
2017 $821 $85,098 $24,268 $60,830
2016 $806 $83,430 $23,792 $59,638
2015 $795 $82,177 $23,434 $58,743
2014 $776 $80,568 $22,975 $57,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24219163

California Regional Multiple Listing Service (CRMLS)

APN: 617-184-03