NOT LISTED FOR SALE

24361 Lake Terrace Ln Lake Forest, CA 92630

Estimated Value: $1,100,000 - $1,172,000

3 Beds
2 Baths
1,566 Sq Ft
$719/Sq Ft Est. Value

About This Home

This home is located at 24361 Lake Terrace Ln, Lake Forest, CA 92630 and is currently estimated at $1,126,492, approximately $719 per square foot. 24361 Lake Terrace Ln is a home located in Orange County with nearby schools including Santiago STEAM Magnet Elementary School, Serrano Intermediate School, and El Toro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Mcgill Richard and Mcgill Diann
Bought by
Mcgill Richard and Mcgill Diann
Current Estimated Value
$1,126,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,400
Outstanding Balance
$1,123,579
Interest Rate
2.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$2,913

Purchase Details

Closed on
Feb 2, 2018
Sold by
Mcgill Richard and Mcgill Diann L
Bought by
Mcgill Richard and Mcgill Diann

Purchase Details

Closed on
Jul 3, 2017
Sold by
Mcgill Richard and Mcgill Diann L
Bought by
Mcgill Richard and Mcgill Diann

Purchase Details

Closed on
Aug 3, 1998
Sold by
Armando Alvarez O and Armando Yuritzi Emma
Bought by
Mcgill Richard and Mcgill Diann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,520
Interest Rate
8.5%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Rosendo Galvez
Bought by
Alvarez O Armando and Alvarez Emma Yuritzi
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mcgill Richard -- Fnc Title Of Ca
Mcgill Richard -- None Available
Mcgill Richard -- None Available
Mcgill Richard -- None Available
Mcgill Richard -- None Available
Mcgill Richard $227,000 Old Republic Title Company
Alvarez O Armando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Richard $1,148,400
Closed Mcgill Richard $181,520
Closed Mcgill Richard $45,380
Source: Public Records

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 $3,595 $355,860 $215,719 $140,141
2024 $3,595 $348,883 $211,489 $137,394
2023 $3,509 $342,043 $207,343 $134,700
2022 $3,445 $335,337 $203,278 $132,059
2021 $3,375 $328,762 $199,292 $129,470
2020 $3,344 $325,391 $197,248 $128,143
2019 $3,276 $319,011 $193,380 $125,631
2018 $3,214 $312,756 $189,588 $123,168
2017 $3,148 $306,624 $185,871 $120,753
2016 $3,095 $300,612 $182,226 $118,386
2015 $3,056 $296,097 $179,489 $116,608
2014 $2,989 $290,297 $175,973 $114,324
Source: Public Records

Map

California Orange County Lake Forest 92630

24361 Lake Terrace Ln, Lake Forest, CA

This home is located at 24361 Lake Terrace Ln, Lake Forest, CA 92630 and is currently estimated at $1,126,492, approximately $719 per square foot. 24361 Lake Terrace Ln is a home located in Orange County with nearby schools including Santiago STEAM Magnet Elementary School, Serrano Intermediate School, and El Toro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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