NOT LISTED FOR SALE

25515 Polaris Ln Unit 105 Lake Forest, CA 92630

Estimated Value: $734,000 - $856,000

3 Beds
2.5 Baths
1,325 Sq Ft
$350/mo HOA Fee

Last Sold October 25, 2021

Last sale price $540,000 $408 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,971/month

Highlights

  • Filtered Pool
  • Clubhouse
  • Attic
  • Montevideo Elementary School Rated A-
  • Traditional Architecture
  • Quartz Countertops

About This Home

As of April 2022

*** Completely Remodeled 3 bedroom & 2.5 baths. *** This 2-story condominium has just been remodeled through-out. It has all new dual pane windows and slider. New paint, window blinds, ceiling fans, wood style vinyl floors through-out. Kitchen has all new cabinets, Quartz counter tops, fixtures & stainless-steel appliances. Mirrored wardrobe doors in all bedrooms. All bathrooms have new cabinets, fixtures and tile floors. All new recessed lighting in living room and kitchen. Tile entry way. Inside laundry room. 2 car direct access garage with epoxy floors and garage door opener. Nice size backyard for entertaining. Too much to list! The community has a clubhouse, pool, tennis court and lots of beautiful greenbelts. Must see to appreciate!!

Last Agent to Rent the Property

Albert Albrecht

Millennium Realty License #00979575 Listed on: 03/15/2022

Last Renter's Agent

Albert Albrecht

Millennium Realty License #00979575 Listed on: 03/15/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Private Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • No Driveway

Home Design

  • Traditional Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entryway
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • El Toro High School

Utilities

  • Central Air
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/18/22
  • Tax Lot 2
  • Tax Tract Number 8076
  • Assessor Parcel Number 93302105

Community Details

Overview

  • 143 Units
  • Carefree El Toro Association
  • Richwood Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,920

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-03-18
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Total Move In Costs: 7100.00

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Richwood (RW)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93302105
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1325.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.49
  • Room Type: All Bedrooms Up, Attic, Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, Fenced, Filtered, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage Door Opener, No Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Clubhouse
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Carefree El Toro
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Schools

  • School District: Saddleback Valley Unified
  • High School: El Toro
  • High School: El Toro
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 1600.00
  • Lot Size Acres: 0.0367

Multi Family

  • First Repairs: 50
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1600.0000 Square Feet
  • Management Co: Western Property Management
  • Management Co Phone: 949-334-6025
  • Number Of Units In Community: 143
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 320.27
  • Tax Lot: 2
  • Tax Tract Number: 8076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Mar 4, 2022
Sold by
Albert Albrecht
Bought by
Albert Albert Living Trust
Seller's Agent
Albert Albrecht
Millennium Realty
Buyer's Agent
Albert Albrecht
Millennium Realty
Sold Price
$3,300
Current Estimated Value
$787,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,839

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 6, 2021
Sold by
Albrecht Albert
Bought by
Albrecht Albert and Albert Albrecht Living Trust
Seller's Agent
Dan Wolfe
HOMZ
Buyer's Agent
Albert Albrecht
Millennium Realty
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$150,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 14, 2021
Sold by
Howell Jason Baxter
Bought by
Albrecht Albert
Seller's Agent
Dan Wolfe
HOMZ
Buyer's Agent
Albert Albrecht
Millennium Realty
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2012
Closed on
Aug 10, 2012
Sold by
Young Russell and Young Helen
Bought by
Howell Jason Baxter
Seller's Agent
Jill Daley-Burnett
Regency Real Estate Brokers
Buyer's Agent
Paul Baxter
Millennium Realty
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$299,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Young Russell and Webb Helen
Bought by
Young Russell and Young Helen

Purchase Details

Closed on
Nov 7, 2002
Sold by
Kisner Bruce
Bought by
Young Russell and Webb Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,850
Interest Rate
5.96%

Purchase Details

Closed on
Oct 17, 2000
Sold by
William Smith
Bought by
Kisner Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,640
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1995
Sold by
Smith William D
Bought by
Smith William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,292
Interest Rate
7.67%
Mortgage Type
Assumption

Purchase Details

Closed on
May 5, 1994
Sold by
Smith Robert Blee and Smith Linda H
Bought by
Smith William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
8.3%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 18, 1994
Sold by
Smith Nancy Lou
Bought by
Smith William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
8.3%
Mortgage Type
Assumption
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
Albert Albert Living Trust -- Ticor Title
Albrecht Albert -- Ticor Title
Albrecht Albert $540,000 Ticor Title Company
Howell Jason Baxter $315,000 Lawyers Title
Young Russell -- --
Young Russell $283,000 American Title Co
Kisner Bruce $212,000 Southland Title Corporation
Smith William D -- United Title Company
Smith William D $137,500 Chicago Title Company
Smith William D -- Chicago Title Company
Smith Ii Robert Blee -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albrecht Albert $150,000
Previous Owner Howell Jason Baxter $299,250
Previous Owner Young Russell $268,850
Previous Owner Kisner Bruce $205,640
Previous Owner Smith William D $149,292
Previous Owner Smith William D $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Rented $3,300 0.0% --
03/29/2022 03/29/22 Price Changed $3,300 -5.7% $2 / Sq Ft
03/22/2022 03/22/22 For Rent $3,500 0.0% --
03/17/2022 03/17/22 Under Contract -- -- --
03/15/2022 03/15/22 For Rent $3,500 0.0% --
10/25/2021 10/25/21 Sold $540,000 -3.6% $408 / Sq Ft View Prior Sale
08/23/2021 08/23/21 For Sale $560,000 +3.7% $423 / Sq Ft
08/19/2021 08/19/21 Off Market $540,000 -- --
08/18/2021 08/18/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $560,000 +3.7% $423 / Sq Ft
08/07/2021 08/07/21 Off Market $540,000 -- --
08/04/2021 08/04/21 For Sale $560,000 +77.8% $423 / Sq Ft
09/10/2012 09/10/12 Sold $315,000 -4.5% $238 / Sq Ft View Prior Sale
08/08/2012 08/08/12 For Sale $330,000 +4.8% $249 / Sq Ft
08/07/2012 08/07/12 Off Market $315,000 -- --
07/22/2012 07/22/12 For Sale $330,000 -- $249 / 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 $5,920 $573,052 $466,854 $106,198
2024 $5,920 $561,816 $457,700 $104,116
2023 $5,781 $550,800 $448,725 $102,075
2022 $5,678 $540,000 $439,926 $100,074
2021 $3,764 $358,356 $262,352 $96,004
2020 $3,730 $354,682 $259,662 $95,020
2019 $3,656 $347,728 $254,571 $93,157
2018 $3,588 $340,910 $249,579 $91,331
2017 $3,516 $334,226 $244,685 $89,541
2016 $3,458 $327,673 $239,887 $87,786
2015 $3,416 $322,752 $236,284 $86,468
2014 $3,343 $316,430 $231,655 $84,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22050112

California Regional Multiple Listing Service (CRMLS)

APN: 933-021-05