NOT LISTED FOR SALE

25652 Rimgate Dr Unit 8F Lake Forest, CA 92630

Estimated Value: $524,000 - $551,000

2 Beds
1 Bath
900 Sq Ft
$300/mo HOA Fee

Last Sold June 21, 2021

Last sale price $430,000 $478 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,506/month

12 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Granite Countertops
  • Rancho Canada Elementary School Rated A-
  • Attic
  • 5-minute walk to Rimgate Park

About This Home

As of June 2021

Nestled away in a quiet corner of Lake Forest you'll find this fabulous 2 bedroom home. Only walking distance to pristine Rimgate Park, the complex is so peaceful you will love it. Wonderfully remodeled unit. Travertine floors that flow through the dining area, kitchen, hallway to the bathroom. The kitchen has been totally upgraded with cherrywood cabinetry, granite countertops, recessed lighting and black appliances including refrigerator. The living room is defined by crown molding, large baseboard and is wired for surround sound. Down the hall are two spacious bedrooms, inside laundry and remodeled bathroom. The attic provides a huge storage area with a floor and its tall enough to stand in. The home is cooled by central air conditioning and 4 ceiling fans. The unit has smooth ceilings and was recently painted throughout. Privacy and tranquility are features of this upstairs end unit. Large covered deck, perfect for barbecuing or just relaxing. Plenty of parking for your guests. Perfect for an investor or first time buyer. This is affordable South Orange County Living at it's best.

Last Agent to Sell the Property

Mehdi Nouraei

Linour Group License #01872830 Listed on: 05/19/2021

Last Buyer's Agent

Lizandro Lopez

Realty One Group West License #01993717

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,744

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 900 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Attic

Kitchen

  • Updated Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

Parking

  • Detached Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Lake Forest Elementary School
  • Serrano Intermediate
  • El Toro High School

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11145
  • Assessor Parcel Number 93936062

Community Details

Overview

  • Master Insurance
  • 112 Units
  • Old Trabuco Highlands Association, Phone Number (949) 833-2600
  • Keystone Pacific Property Management HOA
  • Trabuco Highlands Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,744

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Showing Request
  • Other Phone Number: 9497022228
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Trabuco Highlands (TH)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936062
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 477.78
  • Room Type: Attic
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Deck, Patio Open
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Old Trabuco Highlands
  • Phone: (949) 833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Keystone Pacific Property Management

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Lake Forest
  • Middle School: Serrano Intermediate
  • High School: El Toro
  • Elementary School: Lake Forest
  • High School: El Toro
  • Middle Or Junior School: Serrano Intermediate
  • Elementary School #2: LAKFOR
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Latitude Manual: 33.64580500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 112
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 2, 2021
Sold by
Fisk Lewis Terrence
Bought by
Franklin Van Logan and Briner Rachael
Seller's Agent
Mehdi Nouraei
Linour Group
Buyer's Agent
Lizandro Lopez
Realty One Group West
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Current Estimated Value
$535,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,855
Avg. Annual Appreciation
5.19%
Original Mortgage
$320,000
Outstanding Balance
$289,720
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$246,135

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 2, 2018
Sold by
Macfarlane Amanda
Bought by
Macfarlane Matthew
Seller's Agent
Dane Bebermeyer
Supreme Properties
Buyer's Agent
Doug Echelberger
Inhabit Collective
List Price
$369,000
Sold Price
$359,500
Premium/Discount to List
-$9,500
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 29, 2018
Sold by
Macfarlane Matthew
Bought by
Fisk Lewis Terrence
Seller's Agent
Dane Bebermeyer
Supreme Properties
Buyer's Agent
Doug Echelberger
Inhabit Collective
List Price
$369,000
Sold Price
$359,500
Premium/Discount to List
-$9,500
-2.57%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Macfarlane Matthew and Mcfarlene Matthew
Bought by
Macfarlane Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Howard Cameron Tod and Howard Jennifer L
Bought by
Macfarlane Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2002
Sold by
Howard Cameron Todd
Bought by
Howard Cameron Todd and Howard Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.37%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Doughty Timothy S and Woodbury Frank L
Bought by
Howard Cameron Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.1%
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
Franklin Van Logan $430,000 First American Title Company
Macfarlane Matthew -- Chicago Title Co
Fisk Lewis Terrence $359,500 Chicago Title Co
Macfarlane Matthew -- Ticor Title Company Of Ca
Macfarlane Matthew $237,000 Commerce Title Company
Howard Cameron Todd -- American Title
Howard Cameron Todd $144,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Van Logan $320,000
Previous Owner Macfarlane Matthew $284,500
Previous Owner Macfarlane Matthew $189,600
Previous Owner Howard Cameron Todd $132,000
Previous Owner Howard Cameron Todd $115,200
Closed Macfarlane Matthew $35,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $430,000 +1.2% $478 / Sq Ft
05/19/2021 05/19/21 Price Changed $424,999 -5.3% $472 / Sq Ft
05/19/2021 05/19/21 For Sale $449,000 0.0% $499 / Sq Ft
06/08/2018 06/08/18 Rented $1,875 -3.8% --
04/12/2018 04/12/18 For Rent $1,950 0.0% --
04/04/2018 04/04/18 Sold $359,500 -2.6% $399 / Sq Ft View Prior Sale
03/16/2018 03/16/18 For Sale $369,000 -- $410 / 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 $4,744 $465,445 $396,267 $69,178
2024 $4,744 $456,319 $388,497 $67,822
2023 $4,631 $447,372 $380,879 $66,493
2022 $4,548 $438,600 $373,410 $65,190
2021 $3,979 $377,897 $314,386 $63,511
2020 $3,943 $374,023 $311,163 $62,860
2019 $3,865 $366,690 $305,062 $61,628
2018 $3,121 $296,141 $224,590 $71,551
2017 $3,059 $290,335 $220,186 $70,149
2016 $2,823 $267,000 $205,014 $61,986
2015 $2,831 $267,000 $205,014 $61,986
2014 $2,049 $193,750 $131,764 $61,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21107095

California Regional Multiple Listing Service (CRMLS)

APN: 939-360-62