NOT LISTED FOR SALE

26056 Serrano Ct Unit 86 Lake Forest, CA 92630

Estimated Value: $609,000 - $716,000

3 Beds
2 Baths
1,187 Sq Ft
$375/mo HOA Fee

Last Sold September 15, 2021

Last sale price $490,000 $413 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,442/month

24 Days on Market

Highlights

  • Community Pool
  • Meeting Room
  • Laundry Room
  • Lake Forest Elementary School Rated A-
  • Views
  • Central Air

About This Home

As of September 2021

Tremendous opportunity for an affordable 3 bedroom home in north Lake Forest. Recent kitchen remodel includes ample white shaker cabinetry partnered with a beautiful granite counter top. The kitchen also includes a brand new stove and all stainless steel appliances. Leading up to this lovely corner unit enjoy the ease of no steps then once inside you're greeted with natural light and designer vinyl floor throughout the main living area.
All on one level, you'll move from the generously sized and open living and dining room towards the equally large, three bedrooms and updated two full baths. Located in the quiet community of Serrano Creek Villas, the home is in terrifically situated in the community with professionally landscaped space right outside the door. The home has been repiped with PEX! The HOA pays for water and trash! Low tax rate! FHA Approved! It's close to freeways, tolls roads, shopping and entertainment and popular Lake Forest parks. It's a wonderful place to call home.

Last Agent to Sell the Property

Brooke Chik

Pacific Sotheby's Int'l Realty License #01990116 Listed on: 07/22/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Mauro Serrano

Coldwell Banker Realty License #02096762

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,378

Year Built

  • Built in 1982

Lot Details

  • 1,250

HOA Fees

  • $375 Monthly HOA Fees

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11397
  • Assessor Parcel Number 93994086

Community Details

Overview

  • 125 Units
  • Serrano Creek Villas Association, Phone Number (949) 225-0200
  • Millennium Community Management HOA
  • Serrano Creek Villas Subdivision

Amenities

  • Meeting Room

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,378

Year Built

Built in 1982

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: washer/dryer
  • Property Attached: Yes
  • Subdivision Name Other: Serrano Creek Villas (SO)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93994086
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1187.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 412.81
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Meeting Room
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Creek Villas
  • Phone: (949) 225-0200
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Millennium Community Management

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1250.00
  • Lot Size Acres: 0.0287

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1250.0000 Square Feet
  • Number Of Units In Community: 125
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 1
  • Tax Tract Number: 11397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 1, 2021
Sold by
Case Jih Emily
Bought by
Serrano Mauro Garcia
Seller's Agent
Brooke Chik
Pacific Sotheby's Int'l Realty
Buyer's Agent
Mauro Serrano
Coldwell Banker Realty
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$665,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,434
Avg. Annual Appreciation
7.42%
Original Mortgage
$481,124
Outstanding Balance
$440,983
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$209,585

Purchase Details

Closed on
Jul 16, 2013
Sold by
Maestas Juan Adelmo and Maestas Kaitlyn Ashley
Bought by
Case Jill Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bulalacao Gerard and Najar Carolina
Bought by
Maestas Juan Adelmo and Maestas Kaitlyn Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,450
Interest Rate
4.56%
Mortgage Type
VA

Purchase Details

Closed on
Jul 17, 2007
Sold by
Najar Carolina and Bulalacao Gerard
Bought by
Bulalacao Gerard and Najar Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Cornejo Ana Patricia and Lopez Mariano
Bought by
Castro Eduardo and Castro Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Castro Eduardo and Castro Estela
Bought by
Najar Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1997
Sold by
Eduardo Castro and Eduardo Estela
Bought by
Castro Eduardo and Castro Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 1993
Sold by
Lopez Mariano and Lopez Patricia
Bought by
Castro Eduardo and Castro Estela
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
Serrano Mauro Garcia $490,000 Ticor Title Company Of Ca
Case Jill Emily $262,000 Pacific Coast Title Company
Maestas Juan Adelmo $207,000 Ticor Title
Bulalacao Gerard -- Ticor Title Co Of California
Castro Eduardo -- Ticor Title Company
Najar Carolina $350,000 Ticor Title Company
Castro Eduardo -- American Title Co
Castro Eduardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Mauro Garcia $481,124
Previous Owner Case Jill Emily $226,000
Previous Owner Case Jill Emily $231,700
Previous Owner Case Jill Emily $235,000
Previous Owner Case Jill Emily $235,800
Previous Owner Maestas Juan Adelmo $211,450
Previous Owner Bulalacao Gerard $396,000
Previous Owner Najar Carolina $348,800
Previous Owner Najar Carolina $332,405
Previous Owner Castro Eduardo $118,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $490,000 -2.0% $413 / Sq Ft
08/11/2021 08/11/21 Price Changed $499,900 0.0% $421 / Sq Ft
08/11/2021 08/11/21 For Sale $499,900 +2.0% $421 / Sq Ft
08/02/2021 08/02/21 Off Market $490,000 -- --
07/22/2021 07/22/21 For Sale $525,000 -- $442 / 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 $5,378 $519,991 $440,640 $79,351
2024 $5,378 $509,796 $432,000 $77,796
2023 $5,252 $499,800 $423,529 $76,271
2022 $5,158 $490,000 $415,224 $74,776
2021 $3,049 $296,714 $223,298 $73,416
2020 $3,021 $293,672 $221,008 $72,664
2019 $2,959 $287,914 $216,674 $71,240
2018 $2,903 $282,269 $212,425 $69,844
2017 $2,844 $276,735 $208,260 $68,475
2016 $2,795 $271,309 $204,176 $67,133
2015 $2,760 $267,234 $201,109 $66,125
2014 $2,714 $262,000 $197,170 $64,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21160645

California Regional Multiple Listing Service (CRMLS)

APN: 939-940-86