NOT LISTED FOR SALE

26342 Forest Ridge Dr Unit 4F Lake Forest, CA 92630

Estimated Value: $631,415 - $648,000

2 Beds
2 Baths
868 Sq Ft
$360/mo HOA Fee

Last Sold August 30, 2017

Last sale price $395,000 $455 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,276/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • No Units Above
  • View of Trees or Woods
  • Lake Forest Elementary School Rated A-
  • Gated Community
  • Property is near a park

About This Home

As of August 2017

Located in the very private gated community of Villorio, this 2 bedroom, 2 bath upper unit is move in ready. Light, bright and upgraded. Vaulted ceilings in the living room makes it feel spacious and open with the gas fireplace giving it a cozy feel. A balcony with trees and greenbelt views is located off the living room. Upgrades include granite kitchen counters, stainless steel sink, recessed lighting in kitchen, new stove, microwave and dishwasher, aluminum slider leading to balcony, ceiling fan, wood floors, dual mirrored closet doors in the master bedroom and freshly painted. Washer and dryer hook ups are located in a closet on the unit's balcony. A one car detached garage is a short distance away and 2 additional parking permits come with the property. Association pool and spa. Nearby the transportation corridor and the 5/405 freeway, and there's also lots of local shopping nearby.

Last Agent to Sell the Property

Vito Gioiello

Summit Lending & Realty License #01509424 Listed on: 07/24/2017

Last Buyer's Agent

Matthew Carr

First Team Real Estate License #01865186

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,568

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Sprinkler System
  • Lawn

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Driveway
  • Automatic Gate
  • Parking Permit Required
  • Unassigned Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 868 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Lake Forest Elementary School
  • El Toro High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13022
  • Assessor Parcel Number 93021687

Community Details

Overview

  • Villorio Association, Phone Number (949) 716-3998
  • Maintained Community
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,568

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-683-0547
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villorio (VIL)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93021687
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 868.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: Second Floor
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 455.07
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom
  • Spa Features: In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Park/Greenbelt, Trees/Woods
  • Pool Features: Association, Community, In Ground, Fenced, Heated, Gunite
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Unassigned, Asphalt, Garage, Garage - Single Door, Permit Required
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Forced Air, Fireplace(s)
  • 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, Spa/Hot Tub, Maintenance Grounds, Trash, Water, Dues Paid Monthly, Pet Rules
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Villorio
  • Phone: 949-716-3998
  • Senior Community: No
  • Community Features: Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Lawn, Near Public Transit, Park Nearby, Sprinkler System

Multi Family

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

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 1
  • Tax Tract Number: 13022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2018
Sold by
Torres Segura Margarita M
Bought by
Torres Margarita M and The Margarita M Torres Segura Living Tru
Current Estimated Value
$645,600

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 28, 2017
Sold by
Johnson Michael
Bought by
Segura Margarita M Torres
Seller's Agent
Vito Gioiello
Summit Lending & Realty
Buyer's Agent
Matthew Carr
First Team Real Estate
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$281,000
Outstanding Balance
$237,802
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$398,170

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 15, 2015
Sold by
Alkofer Robert C and Alkofer Lara W Fey
Bought by
Johnson Michael
Seller's Agent
Lynne SanPedro
Wise Choices Realty
Buyer's Agent
Vito Gioiello
Summit Lending & Realty
List Price
$354,900
Sold Price
$345,000
Premium/Discount to List
-$9,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$327,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Alkofer Robert C and Alkofer Lara W Fey
Bought by
Alkofer Robert C and Alkofer Lara W Fey

Purchase Details

Closed on
Feb 19, 2004
Sold by
Foster Jesse
Bought by
Alkofer Robert C and Alkofer Lara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,700
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1997
Sold by
Rodney Lineweber and Rodney Colleen Escobar
Bought by
Foster Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,877
Interest Rate
6.95%
Mortgage Type
FHA
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
Torres Margarita M -- None Available
Segura Margarita M Torres $395,000 Lawyers Title Co
Johnson Michael $345,000 Chicago Title Company
Alkofer Robert C -- None Available
Alkofer Robert C $356,000 Southland Title Corporation
Foster Jesse $117,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segura Margarita M Torres $281,000
Previous Owner Johnson Michael $327,750
Previous Owner Alkofer Robert C $353,335
Previous Owner Alkofer Robert C $358,000
Previous Owner Alkofer Robert C $284,700
Previous Owner Foster Jesse $0
Previous Owner Foster Jesse $113,877
Closed Alkofer Robert C $71,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $395,000 -1.2% $455 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $399,900 +15.9% $461 / Sq Ft
06/25/2015 06/25/15 Sold $345,000 -2.8% $345 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $354,900 -- $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 $4,568 $449,440 $343,441 $105,999
2024 $4,568 $440,628 $336,707 $103,921
2023 $4,460 $431,989 $330,105 $101,884
2022 $4,379 $423,519 $323,632 $99,887
2021 $4,290 $415,215 $317,286 $97,929
2020 $4,251 $410,958 $314,033 $96,925
2019 $4,165 $402,900 $307,875 $95,025
2018 $4,086 $395,000 $301,838 $93,162
2017 $3,756 $357,266 $255,072 $102,194
2016 $3,694 $350,261 $250,070 $100,191
2015 $3,489 $330,000 $227,073 $102,927
2014 -- $279,650 $176,723 $102,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17169441

California Regional Multiple Listing Service (CRMLS)

APN: 930-216-87