NOT LISTED FOR SALE

24418 Overlake Ln Lake Forest, CA 92630

Estimated Value: $1,524,006 - $1,842,000

4 Beds
3 Baths
2,367 Sq Ft
$684/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $900,000 $380 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,643/month

160 Days on Market

Highlights

  • Lake Front
  • Private Dock Site
  • Spa
  • Serrano Intermediate School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of January 2019

Huge Price Reduction for this motivated seller! Sail off into the sunset, or fish right from your own private dock on this spacious, "Bayshore" Deane lake home. Located on a beautiful waterfront lot, surrounded by expansive views of both water and greenery. Within steps of the pond-filled greenbelt, there is a multitude of options for space to roam. Included in this 4 bedroom home is a beautiful and unique sandstone fireplace with a 70” television that can remain. Across from the kitchen with granite countertops and up to date stainless steel appliances, is a formal dining area with hardwood floors, which run throughout most of the downstairs. Within the 4 bedrooms, there is an office-style room in the downstairs, Jack-and-Jill style bedrooms upstairs with upgraded vanities, and an upstairs master bedroom overlooking the lake, with a walk-in closet and updated ensuite. With a personal dock, along with a large Trex deck, this outside space is perfect for entertaining. There are dual pane Simonton Windows installed throughout the home. The Bayshore is a detached home with a 2 car garage surrounded by many California Distinguished Schools, and well within walking or boating distance from the Lake Forest Beach & Tennis Club and its many amenities.

Last Agent to Sell the Property

Sharon Whaley

Zutila, Inc License #01035985 Listed on: 06/06/2018

Last Buyer's Agent

Mimi Majedi

Mimi's Realty License #01298133

Mimi's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,371

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 3,000 Sq Ft Lot
  • Lake Front
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home
  • Landscaped
  • Lawn

HOA Fees

  • $222 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 2,367 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Spa
  • Access To Lake
  • Private Dock Site
  • Docks
  • Lake Privileges
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Santiago Elementary School
  • El Toro High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 187
  • Tax Tract Number 6654
  • Assessor Parcel Number 61728415

Community Details

Overview

  • Lake Forest Community Association, Phone Number (949) 837-6100
  • Built by Deane Lake Homes
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,371

Year Built

Built in 1969 | Remodeled

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, TV above the fireplace.
  • Other Phone Description: Agent
  • Other Phone Number: 949-422-3649
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Deane Lake Homes (DL)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61728415
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2367.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell, In Family Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 380.23
  • Room Type: Family Room, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill)
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Awning(s), Dock Private
  • View: Lake, Water
  • Builder Name: Deane Lake Homes
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Free-Standing Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Dues Paid Monthly
  • Association Fee: 222.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Forest Community Association
  • Phone: 949-837-6100
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Santiago
  • Middle School: Serrano
  • High School: El Toro
  • Elementary School: Santiago
  • High School: El Toro
  • Middle Or Junior School: Serrano
  • Elementary School #2: SANTIA
  • High School2: ELTOR

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Greenbelt, Landscaped, Lawn
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Fishing in Community, Includes Dock, Lake, Lake Front, Lake Privileges

Tax Info

  • Tax Census Tract: 524.10
  • Tax Lot: 187
  • Tax Tract Number: 6654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Miller Mike Y and Miller Mila M
Bought by
Miller Mike Y and Miller Mila M
Current Estimated Value
$1,618,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$111,761
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,506,991

Purchase Details

Listed on
Jun 6, 2018
Closed on
Dec 6, 2018
Sold by
Borders Fred C and Borders Sharon Gayle
Bought by
Mersedeh Baneh Payam Younesi and Mersedeh Nopour
Seller's Agent
Sharon Whaley
Zutila, Inc
Buyer's Agent
Mimi Majedi
Mimi's Realty
List Price
$1,098,000
Sold Price
$900,000
Premium/Discount to List
-$198,000
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$720,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Borders Fred C and Borders Sharon Gayle
Bought by
Borders Fred C and Borders Sharon Gayle

Purchase Details

Closed on
Aug 15, 2012
Sold by
Borders Fred C and Borders Sharon Gayle
Bought by
Borders Fred C and Borders Sharon Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2002
Sold by
Borders Fred C and Borders Sharon Gayle
Bought by
Borders Fred C and Borders Sharon Gayle
Source: Public Records

Range of Values:

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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
Miller Mike Y -- Lawyers Title
Mersedeh Baneh Payam Younesi $900,000 Fidelity National Title Comp
Borders Fred C -- Servicelink Title Company
Borders Fred C -- Servicelink Title Company
Borders Fred C -- None Available
Borders Fred C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mike Y $115,000
Previous Owner Mersedeh Baneh Payam Younesi $720,000
Previous Owner Borders Fred C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $900,000 -2.7% $380 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/19/2018 10/19/18 Price Changed $924,900 -2.6% $391 / Sq Ft
10/10/2018 10/10/18 Price Changed $949,800 0.0% $401 / Sq Ft
09/29/2018 09/29/18 Price Changed $949,900 0.0% $401 / Sq Ft
09/24/2018 09/24/18 Price Changed $950,000 -1.6% $401 / Sq Ft
09/11/2018 09/11/18 Price Changed $965,000 -0.9% $408 / Sq Ft
09/01/2018 09/01/18 Price Changed $974,000 -0.1% $411 / Sq Ft
08/07/2018 08/07/18 Price Changed $975,000 -2.5% $412 / Sq Ft
07/15/2018 07/15/18 Price Changed $999,995 -0.5% $422 / Sq Ft
06/26/2018 06/26/18 Price Changed $1,004,900 -4.2% $425 / Sq Ft
06/19/2018 06/19/18 Price Changed $1,049,000 -4.5% $443 / Sq Ft
06/06/2018 06/06/18 For Sale $1,098,000 -- $464 / 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 $10,371 $1,003,965 $843,138 $160,827
2024 $10,371 $984,280 $826,606 $157,674
2023 $10,128 $964,981 $810,398 $154,583
2022 $9,947 $946,060 $794,508 $151,552
2021 $9,749 $927,510 $778,929 $148,581
2020 $9,662 $918,000 $770,942 $147,058
2019 $4,463 $432,398 $275,979 $156,419
2018 $4,379 $423,920 $270,568 $153,352
2017 $4,290 $415,608 $265,262 $150,346
2016 $4,218 $407,459 $260,060 $147,399
2015 $4,166 $401,339 $256,154 $145,185
2014 $4,074 $393,478 $251,136 $142,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18134812

California Regional Multiple Listing Service (CRMLS)

APN: 617-284-15