Seller's Agent in 2022
Stephen Jeong
Keller Williams Realty Irvine
(714) 309-2708
1 in this area
70 Total Sales
25531 Polaris Ln Unit 108 Lake Forest, CA 92630
Estimated Value: $788,000 - $893,000
3
Beds
2.5
Baths
1,325
Sq Ft
$637/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Community Pool
- 2 Car Attached Garage
- Montevideo Elementary School Rated A-
- Sport Court
- Laundry Room
About This Home
As of February 2022Wonderfully maintained and beautifully updated 3bd/2.5ba townhome in Richwood! This lovely 2 story home is situated at one of the quietest, most private interior locations within the community and offers a spacious patio that opens to a greenbelt. Large living area downstairs with a guest bath and all 3 bedrooms are upstairs. Home features brand new carpet and tankless water, newer kitchen with stainless steel appliances and granite countertops, along with updated R-410A HVAC. 2-car attached garage and inside laundry room for comfortable living. Community amenities include pool, tennis court, along with park-like grounds and walking paths while having some of the lowest HOA dues in town. 25531 Polaris Ln offers exceptional value in highly desirable Lake Forest -- one of South OC's premier cities with fantastic schools, easy access to shopping and employment centers, and central to major freeways. Make this one yours!
Last Agent to Sell the Property
Keller Williams Realty Irvine License #01967125 Listed on: 01/09/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,951
Year Built
- Built in 1976
HOA Fees
- $350 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,325 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
Additional Features
- Exterior Lighting
- Two or More Common Walls
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 8076
- Assessor Parcel Number 93302108
- $125 per year additional tax assessments
Community Details
Overview
- 143 Units
- Carefree El Toro Owners Association, Phone Number (949) 334-6025
- Western Property Management HOA
- Richwood Subdivision
Recreation
- Sport Court
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2022
Closed on
Jan 27, 2022
Sold by
Johnston Scott D
Bought by
Reed Carl and Jacobson Olivia
Seller's Agent
Stephen Jeong
Keller Williams Realty Irvine
Buyer's Agent
Meghan Meihaus
Pacific Sotheby's International Realty
List Price
$649,000
Sold Price
$725,000
Premium/Discount to List
$76,000
11.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,153
Avg. Annual Appreciation
4.06%
Original Mortgage
$678,672
Outstanding Balance
$636,224
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$196,863
Purchase Details
Listed on
Apr 24, 2014
Closed on
May 13, 2014
Sold by
Mansoor Muhammad S and Mansoor Nida S
Bought by
Johnston Scott D
Seller's Agent
Marietta Philpott
Coldwell Banker Realty
Buyer's Agent
Steve Backer
Landmark Realtors
List Price
$434,900
Sold Price
$434,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$134,900
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2007
Sold by
Steinbach Raleigh C and Steinbach Christine J
Bought by
Mansoor Muhammad S and Mansoor Nida S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reed Carl | $725,000 | Lawyers Title | |
| Johnston Scott D | $435,000 | Western Resources Title Co | |
| Mansoor Muhammad S | $460,000 | Landwood Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reed Carl | $678,672 | |
| Previous Owner | Johnston Scott D | $134,900 | |
| Previous Owner | Mansoor Muhammad S | $337,000 | |
| Previous Owner | Mansoor Muhammad S | $368,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $725,000 | +11.7% | $547 / Sq Ft |
| 01/09/2022 01/09/22 | For Sale | $649,000 | +49.2% | $490 / Sq Ft |
| 06/09/2014 06/09/14 | Sold | $434,900 | 0.0% | $304 / Sq Ft |
| 05/09/2014 05/09/14 | Pending | -- | -- | -- |
| 05/07/2014 05/07/14 | Price Changed | $434,900 | +0.2% | $304 / Sq Ft |
| 04/30/2014 04/30/14 | Price Changed | $434,000 | -0.2% | $303 / Sq Ft |
| 04/24/2014 04/24/14 | For Sale | $434,900 | 0.0% | $304 / Sq Ft |
| 04/13/2014 04/13/14 | Off Market | $434,900 | -- | -- |
| 04/13/2014 04/13/14 | For Sale | $434,900 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,951 | $769,375 | $656,809 | $112,566 |
| 2024 | $7,951 | $754,290 | $643,931 | $110,359 |
| 2023 | $7,764 | $739,500 | $631,304 | $108,196 |
| 2022 | $5,280 | $502,375 | $398,063 | $104,312 |
| 2021 | $5,175 | $492,525 | $390,258 | $102,267 |
| 2020 | $5,129 | $487,475 | $386,256 | $101,219 |
| 2019 | $5,027 | $477,917 | $378,682 | $99,235 |
| 2018 | $4,933 | $468,547 | $371,257 | $97,290 |
| 2017 | $4,835 | $459,360 | $363,977 | $95,383 |
| 2016 | $4,755 | $450,353 | $356,840 | $93,513 |
| 2015 | $4,698 | $443,589 | $351,480 | $92,109 |
| 2014 | $3,611 | $348,975 | $248,486 | $100,489 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Jin Ro
Regency Real Estate Brokers
(949) 365-6457
2 in this area
109 Total Sales
-
Buyer's Agent in 2022
Meghan Meihaus
Pacific Sotheby's International Realty
(310) 403-2139
1 in this area
69 Total Sales
-
Seller's Agent in 2014
Marietta Philpott
Coldwell Banker Realty
(949) 235-7454
11 in this area
30 Total Sales
-
S
Buyer's Agent in 2014
Steve Backer
Landmark Realtors
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22003448
APN: 933-021-08
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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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