NOT LISTED FOR SALE

25535 Polaris Ln Unit 109 Lake Forest, CA 92630

Estimated Value: $726,788 - $800,000

3 Beds
1.5 Baths
1,234 Sq Ft
$350/mo HOA Fee

Last Sold November 20, 2020

Last sale price $520,000 $421 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,840/month

33 Days on Market

Highlights

  • View of Trees or Woods
  • End Unit
  • Community Pool
  • Montevideo Elementary School Rated A-
  • Granite Countertops
  • Tennis Courts

About This Home

As of November 2020

End unit condo with amazing location in the Richwood community of Lake Forest. Unit backs to beautiful greenbelt and lush trees. Upgraded appliances and granite counters in kitchen. Spacious family room and dining area. Half bath downstairs. Enjoy grilling and entertaining outside on extra large back patio. Master and two additional bedrooms located upstairs. Home features also include updated windows and back slider, updated furnace, ceiling fans throughout. The interior including base boards have recently been painted with neutral warm tones. Security cameras included. Inside laundry room for convenience. No neighbors above or below. Two car attached garage. Enjoy the community pool and tennis court. Centrally located close to schools, restaurants, shopping.

Last Agent to Sell the Property

Jenifer Tuason

HomeSmart, Evergreen Realty License #01156713 Listed on: 09/13/2020

Last Buyer's Agent

Jake Zakhar

Regency Real Estate Brokers License #01296653

Regency Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1976

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 1,234 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8076
  • Assessor Parcel Number 93302109

Community Details

Overview

  • 143 Units
  • Carefree El Toro Owners Association, Phone Number (949) 334-6025
  • Western Property Management Services HOA
  • Richwood Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,817

Year Built

Built in 1976

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Richwood (RW)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93302109
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground level Entry
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 421.39
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Carefree El Toro Owners Association
  • Phone: 949-334-6025
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Western Property Management Services

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 143
  • Number Of Units Total: 1

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
Sep 13, 2020
Closed on
Nov 19, 2020
Sold by
Cui Li
Bought by
Qin Siyuan and Dai Qun
Seller's Agent
Jenifer Tuason
HomeSmart, Evergreen Realty
Buyer's Agent
Jake Zakhar
Regency Real Estate Brokers
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
$763,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,697
Avg. Annual Appreciation
8.11%
Original Mortgage
$442,000
Outstanding Balance
$392,419
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,278

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 21, 2020
Sold by
Mcauley John Elmer and Mcauley Naomi Isabel
Bought by
Qin Siyuan and Dai Qun
Seller's Agent
Jenifer Tuason
HomeSmart, Evergreen Realty
Buyer's Agent
Jake Zakhar
Regency Real Estate Brokers
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$392,419
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,278

Purchase Details

Listed on
Mar 11, 2016
Closed on
Mar 17, 2016
Sold by
Ta Nguyen Kim and Ta Jessica A
Bought by
Mcauley John Elmer and Mcauley Naomi Isabel
Seller's Agent
Kim OHare
Premier Realty Associates
Buyer's Agent
Dee Ravichandran
Redfin
List Price
$429,999
Sold Price
$429,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$408,499
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 6, 2013
Sold by
Davis Larry and Davis Maureen
Bought by
Ta Nguyen Kim and Ta Jessica A
Seller's Agent
Denise Manriquez
Corcoran Global Living
Buyer's Agent
Keith Thomas
Redfin
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$390,000
Interest Rate
4.27%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2002
Sold by
Edwards Greg and Edwards Staci
Bought by
Davis Larry and Davis Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2000
Sold by
Waterhouse James A and Waterhouse Marlene A
Bought by
Edwards Greg and Edwards Staci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
11%
Source: Public Records

Range of Values:

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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
Qin Siyuan -- California Title Company
Qin Siyuan $520,000 California Title Company
Mcauley John Elmer $430,000 First American Title Company
Ta Nguyen Kim $390,000 Ticor Title Tustin Orange Co
Davis Larry $223,000 --
Edwards Greg $195,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qin Siyuan $442,000
Previous Owner Mcauley John Elmer $408,499
Previous Owner Ta Nguyen Kim $390,000
Previous Owner Davis Larry $216,300
Previous Owner Edwards Greg $175,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $520,000 -1.2% $421 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $526,500 -0.6% $427 / Sq Ft
09/24/2020 09/24/20 Price Changed $529,900 -1.0% $429 / Sq Ft
09/13/2020 09/13/20 For Sale $535,000 +24.4% $434 / Sq Ft
04/14/2016 04/14/16 Sold $429,999 0.0% $348 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $429,999 +10.3% $348 / Sq Ft
09/04/2013 09/04/13 Sold $390,000 -1.0% $316 / Sq Ft View Prior Sale
08/05/2013 08/05/13 Pending -- -- --
07/16/2013 07/16/13 Price Changed $394,000 -1.3% $319 / Sq Ft
06/19/2013 06/19/13 For Sale $399,000 -- $323 / 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 $5,817 $562,864 $466,791 $96,073
2024 $5,817 $551,828 $457,638 $94,190
2023 $5,681 $541,008 $448,664 $92,344
2022 $5,580 $530,400 $439,866 $90,534
2021 $5,469 $520,000 $431,241 $88,759
2020 $4,829 $465,442 $378,886 $86,556
2019 $4,731 $456,316 $371,457 $84,859
2018 $4,642 $447,369 $364,173 $83,196
2017 $4,548 $438,598 $357,033 $81,565
2016 $4,195 $403,858 $323,832 $80,026
2015 $4,143 $397,792 $318,968 $78,824
2014 $4,052 $390,000 $312,720 $77,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20189778

California Regional Multiple Listing Service (CRMLS)

APN: 933-021-09