NOT LISTED FOR SALE

25495 Polaris Ln Lake Forest, CA 92630

Estimated Value: $702,463 - $826,000

3 Beds
1.5 Baths
1,235 Sq Ft
$335/mo HOA Fee

Last Sold December 05, 2014

Last sale price $365,000 $296 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,775/month

124 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • 2 Car Attached Garage
  • Montevideo Elementary School Rated A-
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of December 2014

25495 Polaris is a Turn-Key Two Story, 3 Bed, 1.5 Bath Townhome Located in the Private Richwood Community of Lake Forest. This Home Showcases a Light and Bright Open Floor Plan and Premium Interior Location. The Recently Upgraded Kitchen Has Ample Cabinet & Counter Space. The Spacious Master Enjoys a Large Closet and Access to the Remodeled Upstairs Bathroom. The Large Family Room is Perfect For Entertaining. A Beautiful Private Outside Patio Awaits You Through the Sliding Family Room Door. Direct Access Two-Car Garage with Room For Storage. Association Amenities Include Greenbelts, Pool, and Tennis Court. The Home is Conveniently Located Near Restaurants, Malls, Freeways, Toll Roads, and Parks. This Home is a Must See!

Last Agent to Sell the Property

John Katnik

Katnik Brothers R.E. Services License #01881694 Listed on: 10/30/2014

Last Buyer's Agent

Debra Strange

Debra Strange, Broker License #01396060

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 1976

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,235 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8076
  • Assessor Parcel Number 93302100

Community Details

Overview

  • 100 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,530

Year Built

Built in 1976

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Richwood (RW)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93302100
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1235.00
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, In Kitchen
  • Levels: Two
  • Price Per Square Foot: 295.55
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 335.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Saddleback Valley Unified

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 8076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Strange David J and Strange Rebecca
Bought by
Strange David J
Current Estimated Value
$741,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 26, 2014
Sold by
Pike Christopher Michael
Bought by
Castellano Melissa Caroline
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Debra Strange
Debra Strange, Broker
List Price
$409,000
Sold Price
$365,000
Premium/Discount to List
-$44,000
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$328,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 24, 2014
Sold by
Castellano Miguel and Castellano Norma
Bought by
Strange David J
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Debra Strange
Debra Strange, Broker
List Price
$409,000
Sold Price
$365,000
Premium/Discount to List
-$44,000
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Castellano Miguel and Castellano Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Arriaga Rufina
Bought by
Deutsche Bank National Trust Co and Securitized Asset Backed Receivables Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Marroquin Miguel
Bought by
Arriaga Rufina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2004
Sold by
Arriaga Rufina
Bought by
Marroquin Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 29, 2003
Sold by
Marroquin Miguel
Bought by
Arriaga Rufina

Purchase Details

Closed on
Feb 14, 2003
Sold by
Polaris Trust #25495
Bought by
Marroquin Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
5.83%

Purchase Details

Closed on
Jun 7, 2002
Sold by
Gamez Jaime and Kumpel Sandra L
Bought by
Polaris Trust #25495

Purchase Details

Closed on
Oct 2, 1997
Sold by
Gamez Jaime and Kumpel Gamez Sandra L
Bought by
Gamez Jaime and Kumpel Gamez Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.44%

Purchase Details

Closed on
May 23, 1995
Sold by
Emc Mtg Corp
Bought by
Gamez Jaime and Kumpel Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1994
Sold by
Emc Mtg Corp
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Sep 20, 1994
Sold by
Emc Mtg Corp
Bought by
Emc Mtg Corp
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
Strange David J -- Orange Coast Title Company
Castellano Melissa Caroline -- First American Title Company
Strange David J $365,000 First American Title Company
Castellano Miguel $288,500 Chicago Title Company
Deutsche Bank National Trust Co $341,709 None Available
Arriaga Rufina -- Chicago Title Company
Marroquin Miguel -- New Century Title Company
Arriaga Rufina -- --
Marroquin Miguel $281,000 First American Title Co
Polaris Trust #25495 $225,000 --
Gamez Jaime -- United Title Company
Gamez Jaime $128,000 Continental Lawyers Title Co
Emc Mtg Corp $130,270 North American Title Co
Emc Mtg Corp $130,270 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strange David J $307,000
Closed Strange David J $306,000
Closed Strange David J $327,000
Closed Strange David J $328,000
Closed Strange David J $328,000
Previous Owner Castellano Miguel $229,500
Previous Owner Castellano Miguel $230,800
Previous Owner Arriaga Rufina $459,000
Previous Owner Arriaga Rufina $392,000
Previous Owner Marroquin Miguel $253,500
Previous Owner Marroquin Miguel $224,800
Previous Owner Gamez Jaime $36,842
Previous Owner Gamez Jaime $15,789
Previous Owner Gamez Jaime $59,000
Previous Owner Gamez Jaime $15,000
Previous Owner Gamez Jaime $124,000
Closed Marroquin Miguel $56,200
Closed Marroquin Miguel $50,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $365,000 -5.2% $296 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/30/2014 10/30/14 Price Changed $385,000 -3.5% $312 / Sq Ft
07/29/2014 07/29/14 Price Changed $399,000 -2.4% $323 / Sq Ft
07/09/2014 07/09/14 For Sale $409,000 -- $331 / 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 $4,530 $438,670 $336,880 $101,790
2024 $4,530 $430,069 $330,274 $99,795
2023 $4,424 $421,637 $323,798 $97,839
2022 $4,345 $413,370 $317,449 $95,921
2021 $4,259 $405,265 $311,224 $94,041
2020 $4,220 $401,110 $308,033 $93,077
2019 $4,065 $393,246 $301,994 $91,252
2018 $3,987 $385,536 $296,073 $89,463
2017 $3,907 $377,977 $290,268 $87,709
2016 $3,841 $370,566 $284,576 $85,990
2015 $3,793 $365,000 $280,301 $84,699
2014 $3,261 $309,126 $209,345 $99,781
Source: Public Records

Agents Affiliated with this Home

  • John Katnik

    Seller's Agent in 2014

    John Katnik

    Katnik Brothers R.E. Services

    (714) 486-1419

    7 in this area

    581 Total Sales

    Section Image

  • D

    Buyer's Agent in 2014

    Debra Strange

    Debra Strange, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14144700

California Regional Multiple Listing Service (CRMLS)

APN: 933-021-00

California Orange County Lake Forest 92630

25495 Polaris Ln, Lake Forest, CA

This home is located at 25495 Polaris Ln, Lake Forest, CA 92630 since 30 October 2014 and is currently estimated at $760,116, approximately $615 per square foot. This property was built in 1976. 25495 Polaris Ln is a home located in Orange County with nearby schools including Cordillera Elementary School, Montevideo Elementary School, and Los Alisos Intermediate 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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