NOT LISTED FOR SALE

24221 Elrond Ln Lake Forest, CA 92630

Estimated Value: $1,337,465 - $1,360,000

4 Beds
2.5 Baths
2,084 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $779,000 $374 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,898/month

8 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Open Floorplan
  • Serrano Intermediate School Rated A-
  • Updated Kitchen
  • 4-minute walk to Veteran's Park

About This Home

As of March 2019

Fantastic single level 4 bedroom 2.5 bath 3 car garage home! Customized to create great room effect in living/dining spaces. 2 large Andersen wood slider doors bring the outdoors in. Brand new carpet and interior paint throughout. Travertine style porcelain flooring. Former galley kitchen has been opened up to create a large sunny kitchen/nook. Large kitchen garden window. Mid-Century touches feature a 1948 Wedgewood 6 burner stove--seller is sacrificing, as the kitchen was customized to accommodate this unique stove. Master bedroom suite is huge, with new custom blinds, vanity area, cedar-lined walk-in closet. Master bath and hall bath are remodeled with custom cabinets, tile and fixtures. All three secondary bedrooms are quite spacious. Lovely landscaped front yard has gated entry and lush atrium. Custom contemporary leaded glass entry door w/active sidelight is a showstopper! Special pie shaped lot gives you a huge back yard and side yards. Back yard features an oversized patio cover with 2 lighted ceiling fans. Gazebo in back of lot hides a large garden shed area. Left side yard was the seller's unique cactus/succulent garden, featuring many unique and exotic plants. Garage includes a highly desirable drive-through back garage door that is ever useful for many activities. Membership to local Beach and Tennis Club with low HOA dues. Adjacent to the newly remodeled gorgeous Veteran's Park/Pond. Close to local shopping, all three levels of schools.

Last Agent to Sell the Property

Vivian Hamer

Regency Real Estate Brokers License #01146632 Listed on: 02/08/2019

Co-Listed By

Dick Hamer

Regency Real Estate Brokers License #01003729

Last Buyer's Agent

Anaivett Araoz

Araoz Realty License #00848162

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 7,700 Sq Ft Lot
  • Wood Fence
  • Landscaped

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,084 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Stained Glass
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • El Toro High School

Additional Features

  • Property is near clubhouse
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 6655
  • Assessor Parcel Number 61729110

Community Details

Overview

  • Lf Community Assoc Association, Phone Number (949) 837-6100
  • Meadow Homes I Subdivision

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

HOA Fees

$106 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Meadow Homes I (MDH1)
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61729110
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2084.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 373.80
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Bay Window(s), Double Pane Windows, Stained Glass
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Fire Pit, Barbecue, Playground, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room
  • Association Fee: 106.00
  • Association Fee Frequency: Monthly
  • Association Name: LF Community Assoc
  • Phone: 949/837-6100
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • High School: El Toro
  • Middle Or Junior School: Serrano
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Landscaped
  • Lot Size Sq Ft: 7700.00
  • Lot Size Acres: 0.1768

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.11
  • Tax Lot: 58
  • Tax Tract Number: 6655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Teran Justin and Teran Rose
Bought by
Justin And Rose Teran Living Trust and Teran
Current Estimated Value
$1,348,616

Purchase Details

Listed on
Feb 8, 2019
Closed on
Feb 22, 2019
Sold by
Hamer Richard E and Hamer Vivian
Bought by
Teran Justin and Teran Rose
Seller's Agent
Vivian Hamer
Regency Real Estate Brokers
Buyer's Agent
Anaivett Araoz
Araoz Realty
List Price
$779,900
Sold Price
$779,000
Premium/Discount to List
-$900
-0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$726,525
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2016
Sold by
Hamer Richard E and Hamer Vivian J
Bought by
Hamer Richard E and Hamer Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2013
Sold by
Hamer Richard E and Hamer Vivian
Bought by
Hamer Richard E and Hamer Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Hamer Richard E and Hamer Vivian
Bought by
Hamer Richard E and Hamer Vivian

Purchase Details

Closed on
Jun 4, 2003
Sold by
Hamer Richard E
Bought by
Hamer Richard E and Hamer Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2002
Sold by
Hamer Richard E
Bought by
Hamer Richard E and Hamer Vivian

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
6.69%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Hamer Vivian
Bought by
Hamer Richard E

Purchase Details

Closed on
Aug 28, 2000
Sold by
Hamer Vivian
Bought by
Hamer Richard E

Purchase Details

Closed on
Jun 8, 1999
Sold by
Deluca Arthur J and Deluca Judith A
Bought by
Hamer Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,150
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Justin And Rose Teran Living Trust -- Alavi Max
Teran Justin $779,000 Orange Coast Ttl Co Of Socal
Hamer Richard E -- Accommodation
Hamer Richard E -- First American Title Company
Hamer Richard E -- None Available
Hamer Richard E -- First American Title Company
Hamer Richard E -- --
Hamer Richard E -- --
Hamer Richard E -- California Title Company
Hamer Richard E -- California Title Company
Hamer Richard E -- Orange Coast Title
Hamer Richard E -- Orange Coast Title
Hamer Richard E $305,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teran Justin $726,525
Previous Owner Hamer Richard E $400,000
Previous Owner Hamer Richard E $417,000
Previous Owner Hamer Richard E $322,700
Previous Owner Hamer Richard E $300,000
Previous Owner Hamer Richard E $274,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $779,000 -0.1% $374 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $779,900 -- $374 / 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 $9,466 $937,116 $704,980 $232,136
2024 $9,466 $918,742 $691,157 $227,585
2023 $9,243 $900,728 $677,605 $223,123
2022 $9,079 $883,067 $664,318 $218,749
2021 $8,253 $802,811 $651,292 $151,519
2020 $8,179 $794,580 $644,614 $149,966
2019 $4,381 $431,907 $294,802 $137,105
2018 $4,298 $423,439 $289,022 $134,417
2017 $4,211 $415,137 $283,355 $131,782
2016 $4,140 $406,998 $277,799 $129,199
2015 $4,089 $400,885 $273,626 $127,259
2014 $3,999 $393,033 $268,266 $124,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19027712

California Regional Multiple Listing Service (CRMLS)

APN: 617-291-10

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