NOT LISTED FOR SALE

25371 Cherokee Way Lake Forest, CA 92630

Estimated Value: $1,145,611 - $1,240,000

3 Beds
2 Baths
1,581 Sq Ft
$764/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $769,000 $486 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,158/month

1 Day on Market

Highlights

  • Spa
  • Updated Kitchen
  • Corner Lot
  • La Madera Elementary School Rated A
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of September 2020

Welcome to 25371 Cherokee Way, an outstanding single story home nestled on a corner lot in the beautiful city of Lake Forest. The owners put a tremendous amount of care into this home. Inviting curb appeal captures your attention and as soon as you walk through the intricate beveled window front door, you are immediately welcomed by an intimate living room with high ceilings and a beautiful stacked stone fireplace with wood mantel. Just ahead lies an elegant dining space that sits below a dazzling chandelier where you can celebrate special occasions and holiday dinners. The kitchen is fit for a chef complete with a large center island, custom countertops and tile backsplash, stainless steel appliances, and French door access to the backyard. The window screens above the sink and counter complete slide back allowing you to serve drinks and snacks directly to your guests in the backyard. Mainfloor master bedroom boasts a wall length sliding mirrored door closet and private French door access to the backyard. Two secondary bedrooms and a bathroom complete the west wing of the home. The backyard is the perfect place to entertain with built-in porch and plenty of space for seating. Right side wall can be taken down and expanded upon as all the land on the corner belongs to the property. Enjoy Sun & Sail club amenities including lake, tennis, pool, spa & clubhouse. Do not miss this amazing opportunity and schedule a private showing today!

Last Agent to Sell the Property

Ken E. Bowen

Re/Max Real Estate Group License #00935116 Listed on: 07/22/2020

Re/Max Real Estate Group

Last Buyer's Agent

Wendy Kersh

Beach Cities Real Estate License #01179020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,530

Year Built

  • Built in 1975

Lot Details

  • 6,111 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Front Yard

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • La Madera Elementary School
  • El Toro High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Spa
  • Suburban Location

Listing and Financial Details

  • Tax Lot 101
  • Tax Tract Number 7706
  • Assessor Parcel Number 61426245

Community Details

Overview

  • Sun And Sail Club Association, Phone Number (949) 586-0860
  • Lake Forest II HOA

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court
  • Bocce Ball Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,530

Year Built

Built in 1975

Lot Details

0

HOA Fees

$111 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Parkplace
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 61426245
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1581.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 486.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Bocce Ball Court, Sport Court
  • Association Fee: 111.00
  • Association Fee Frequency: Monthly
  • Association Name: Sun and Sail club
  • Phone: 949-586-0860
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Suburban
  • Association Management: Lake Forest II

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: La Madera
  • Middle School: Serrano
  • High School: El Toro
  • Elementary School: La Madera
  • High School: El Toro
  • Middle Or Junior School: Serrano
  • Elementary School #2: LAMAD
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 6111.00
  • Lot Size Acres: 0.1403

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6111.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.15
  • Tax Lot: 101
  • Tax Tract Number: 7706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Finney John and Finney Lisa
Bought by
Finney Family Trust
Current Estimated Value
$1,208,153

Purchase Details

Closed on
Mar 1, 2013
Sold by
Burris Stewart H and Burris Janet S
Bought by
Burris Janet S and Burris Stewart H

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
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1999
Sold by
Gross David A and Gross Carolyn G
Bought by
Burris Stewart H and Burris Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.95%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 14, 1994
Sold by
Gross David A and Gross Carolyn G
Bought by
Gross David A and Gross Carolyn G
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
Finney Family Trust -- None Listed On Document
Burris Janet S -- Ticor Title San Diego
Burris Stewart H $265,000 Chicago Title Co
Gross David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burris Janet S $417,000
Previous Owner Burris Stewart H $212,000
Closed Burris Stewart H $39,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $769,000 +2.7% $486 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $749,000 -- $474 / 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 $8,530 $832,389 $698,789 $133,600
2024 $8,530 $816,068 $685,087 $130,981
2023 $8,329 $800,067 $671,654 $128,413
2022 $8,179 $784,380 $658,484 $125,896
2021 $8,015 $769,000 $645,572 $123,428
2020 $3,841 $372,418 $247,270 $125,148
2019 $3,763 $365,116 $242,421 $122,695
2018 $3,692 $357,957 $237,667 $120,290
2017 $3,617 $350,939 $233,007 $117,932
2016 $3,556 $344,058 $228,438 $115,620
2015 $3,511 $338,890 $225,006 $113,884
2014 $3,434 $332,252 $220,598 $111,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20145640

California Regional Multiple Listing Service (CRMLS)

APN: 614-262-45