NOT LISTED FOR SALE

25261 Tanoak Ln Unit 5 Lake Forest, CA 92630

Estimated Value: $698,000 - $730,000

2 Beds
2 Baths
1,152 Sq Ft
$290/mo HOA Fee

Last Sold May 31, 2017

Last sale price $465,000 $404 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,527/month

63 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Property is near a park
  • Rancho Canada Elementary School Rated A-
  • Updated Kitchen
  • Spanish Architecture

About This Home

As of May 2017

WELCOME HOME! Beautifully upgraded upper end unit located in desirable Tierra Vista. Turnkey unit, dual master suites each with large closets, mirrored wardrobe doors and two full baths one ensuite, baths remodeled in 2015, direct access to a spacious balcony. Balcony is also accessible from living area and features natural gas hookup for your grill – great for entertaining. Gourmet kitchen offers new premium cabinetry with lots of space, designer type beautiful quartz counters, new GE Adora stainless steel appliances, porcelain flooring – attention to detail throughout. Lutron dimmer controlled recessed LED lighting throughout. Fresh new paint and beautifully scraped and smoothed ceilings, rich laminate flooring, Hunter Douglas window coverings, and convenient laundry chute to the attached garage laundry offering extra storage and a large private driveway. New HVAC system. Pet friendly and conveniently adjacent to association pool / spa, near beautiful Serrano Park homes walking trails, greenbelts, and near newly renovated Tamarisk Park and other beautiful parks. Convenient to Irvine Spectrum, shopping, freeways, and schools. Shows like a model! Email offers with Preapproval letter and verified Information This home fell out of escrow

Last Agent to Sell the Property

Rob Allen

HomeSmart, Evergreen Realty License #00629347 Listed on: 02/23/2017

Last Buyer's Agent

Kenny Park

Paradise Realty License #01784456

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Permit Required

Home Design

  • Spanish Architecture
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Entryway
  • Living Room
  • Family or Dining Combination
  • Storage
  • Laminate Flooring
  • Neighborhood Views
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Gas Oven
  • Indoor Grill
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Chute
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a park

Schools

  • Cordillera Elementary School
  • El Toro High School

Utilities

  • SEER Rated 13-15 Air Conditioning Units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11742
  • Assessor Parcel Number 93994290

Community Details

Overview

  • Tierra Vista HOA, Phone Number (949) 535-4531
  • Serrano Highlands Association

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,414

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Tierra Vista (TV)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994290
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1152.00 Square Feet
  • Interior Amenities: Balcony, Recessed Lighting, Stone Counters, Storage
  • Stories: 2
  • Entry Location: Ground Floor
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 403.65
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Two Masters
  • Spa Features: Association, Heated, In Ground
  • Window Features: Blinds, Custom Covering, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Direct Garage Access, Garage Door Opener, Permit Required, Private
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Ice Maker, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Laundry Chute, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Serrano Highlands
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 255.00
  • Association #2 Fee: 35.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Vista HOA
  • Phone: 949-535-4531
  • Senior Community: No
  • Community Features: Curbs

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 1
  • Tax Tract Number: 11742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 13, 2017
Sold by
Mendenhall Matthew C and Mendenhall Matthew
Bought by
Lee Eric Hyunil and Suh Ji Yeon
Seller's Agent
Rob Allen
HomeSmart, Evergreen Realty
Buyer's Agent
Kenny Park
Paradise Realty
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%
Current Estimated Value
$714,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,095
Avg. Annual Appreciation
5.27%
Original Mortgage
$424,100
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2017
Sold by
Verhelst Sally A
Bought by
Mendenhall Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2001
Sold by
Maly Peter M
Bought by
Mendenhall Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1998
Sold by
Maly Cathy Ann
Bought by
Maly Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.87%
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
Lee Eric Hyunil $457,500 Landwood Title Company
Mendenhall Matthew C -- Landwood Title Company
Mendenhall Matthew C $195,000 First American Title
Maly Peter M -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Eric Hyunil $424,100
Previous Owner Mendenhall Matthew C $179,900
Previous Owner Maly Peter M $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $465,000 0.0% $404 / Sq Ft
04/01/2017 04/01/17 Price Changed $464,900 -1.1% $404 / Sq Ft
02/09/2017 02/09/17 For Sale $469,900 -- $408 / 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 $5,414 $530,964 $429,515 $101,449
2024 $5,414 $520,553 $421,093 $99,460
2023 $5,285 $510,347 $412,837 $97,510
2022 $5,190 $500,341 $404,742 $95,599
2021 $5,085 $490,531 $396,806 $93,725
2020 $5,039 $485,502 $392,738 $92,764
2019 $4,937 $475,983 $385,037 $90,946
2018 $4,843 $466,650 $377,487 $89,163
2017 $2,582 $253,041 $141,526 $111,515
2016 $2,538 $248,080 $138,751 $109,329
2015 $2,506 $244,354 $136,667 $107,687
2014 $2,450 $239,568 $133,990 $105,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17029311

California Regional Multiple Listing Service (CRMLS)

APN: 939-942-90