NOT LISTED FOR SALE

26342 Forest Ridge Dr Unit 1J Lake Forest, CA 92630

Estimated Value: $620,309 - $675,000

2 Beds
2 Baths
986 Sq Ft
1989 Built

Last Sold August 17, 2016

Last sale price $348,000 $353 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,842/month

Highlights

  • In Ground Pool
  • Panoramic View
  • Spanish Architecture
  • Lake Forest Elementary School Rated A-
  • Cathedral Ceiling
  • Recessed Lighting

About This Home

As of September 2016

This beautiful condo is tucked away in the quiet private gated Villorio Community in Lake Forest. It features 2 bedrooms and 2 full bathrooms. Lots of natural light in this home to brighten it up throughout the day. The kitchen boasts of newly upgraded quartz counter tops, brand new stainless steel stove/oven, new garbage disposal installed, new Bosch stainless steel dishwasher, over the range microwave. Kitchen also has recessed lighting and breakfast bar for 2. Living room has high vaulted ceilings, new carpet installed, and a fireplace for you to enjoy. Both Master bath and second bathroom tubs have been newly resurfaced, new toilets installed, and bathroom sink counters have new quartz counter tops which matches the kitchen. The spacious Master Bedroom has new carpet, paint and has two spacious closets. Second bedroom also has newly installed carpet as well as fresh paint. From the living room you have access to a nice patio where you have a fantastic view of Lake Forest and the Saddleback Mountains. Close by, you have a 1 car detached garage with storage space above along with 2 additional parking permits. A few steps away from your property is the community pool and jacuzzi. HOA not only covers the security, but also water and trash. Unfurnished.

Last Agent to Rent the Property

John Spoelder

Better Real Estate Of OC.Inc. License #01210728 Listed on: 08/24/2016

Last Renter's Agent

John Spoelder

Better Real Estate Of OC.Inc. License #01210728 Listed on: 08/24/2016

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1989

Parking

  • 1 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 986 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Accessible Parking
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,200
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Tax Tract Number 13022
  • Assessor Parcel Number 93021663

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,168

Year Built

Built in 1989

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Villorio (VIL)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93021663
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 986.00
  • Interior Amenities: Cathedral Ceiling(s), Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2.03
  • Spa Features: Association, In Ground

Exterior Features

  • View: City Lights, Hills, Mountain(s), Panoramic
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Aug 12, 2016
Sold by
Rice Peter A and Rice Wendy C
Bought by
Shermer Teresa L and Christian Family Trust
Seller's Agent
John Spoelder
Better Real Estate Of OC.Inc.
Buyer's Agent
John Spoelder
Better Real Estate Of OC.Inc.
Sold Price
$2,000
Current Estimated Value
$646,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,577
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Aug 15, 2007
Sold by
Rice Peter A
Bought by
Rice Peter A and Rice Wendy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Hatch Douglas A and Hatch Laurie A
Bought by
Rice Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2001
Sold by
Ryan H Dennis and Ryan Rebecca M
Bought by
Hatch Douglas A and Hatch Laurie A

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
6.84%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ryan H Dennis and Ryan Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
7.58%

Purchase Details

Closed on
Jan 8, 1997
Sold by
First Nationwide Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
7.58%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Cinti Jeannie I
Bought by
First Nationwide Mtg Corp
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
Shermer Teresa L $348,000 Western Resources Title Co
Rice Peter A -- First American Title Ins Co
Rice Peter A $359,000 Chicago Title
Hatch Douglas A $155,000 American Title
Ryan H Dennis $98,000 Continental Lawyers Title Co
Federal Home Loan Mortgage Corporation -- Continental Lawyers Title Co
First Nationwide Mtg Corp $88,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Peter A $211,500
Previous Owner Rice Peter A $50,000
Previous Owner Rice Peter A $250,000
Previous Owner Hatch Douglas A $138,500
Previous Owner Hatch Douglas A $150,000
Previous Owner Ryan H Dennis $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Rented $2,000 0.0% --
08/24/2016 08/24/16 For Rent $2,000 0.0% --
08/17/2016 08/17/16 Sold $348,000 -0.5% $353 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $349,900 -- $355 / 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 $4,168 $403,880 $294,175 $109,705
2024 $4,168 $395,961 $288,407 $107,554
2023 $4,070 $388,198 $282,752 $105,446
2022 $3,997 $380,587 $277,208 $103,379
2021 $3,918 $373,125 $271,773 $101,352
2020 $3,883 $369,300 $268,987 $100,313
2019 $3,806 $362,059 $263,712 $98,347
2018 $3,735 $354,960 $258,541 $96,419
2017 $3,660 $348,000 $253,471 $94,529
2016 $3,479 $330,000 $229,091 $100,909
2015 $3,489 $330,000 $229,091 $100,909
2014 $2,949 $279,650 $178,741 $100,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16187187

California Regional Multiple Listing Service (CRMLS)

APN: 930-216-63