NOT LISTED FOR SALE

402 El Paseo Lake Forest, CA 92610

Estimated Value: $709,000 - $928,000

2 Beds
2.5 Baths
1,015 Sq Ft
$239/mo HOA Fee

Last Sold August 26, 2021

Last sale price $582,500 $574 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,904/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Clubhouse
  • Foothill Ranch Elementary School Rated A
  • Gated Community
  • Property is near a clubhouse

About This Home

As of August 2021

Immaculate 2 bedrooms/2.5 bathrooms end unit located in the gated El Paseo community of Foothill Ranch. Lots of natural light throughout the property. First story has hardwood look floor tiles. Spacious living room. Kitchen with upgraded cabinets, granite counter tops and stainless steel appliances. Recessed lighting throughout. Tranquil master suite with walk-in closet, ceiling fan, and a large shower. Second bedroom has its own bathroom and a ceiling fan. Inside laundry closet for stackable washer and dryer. Two car tandem garage with epoxy floor, storage racks, and a tankless water heater. Low HOA dues. Enjoy access to The Cabana featuring a club house, community pool, BBQ areas, firepit, and playgrounds. The two entry gates provide security for this family oriented neighborhood. Top rated schools. Walking distance to Foothill Towne Center. Close to shopping, dining, entertainment, and 241 Toll Road. (See floor plan in supplements section).

Last Agent to Sell the Property

Jason Mokbel

Berkshire Hathaway HomeServices California Realty License #01317036 Listed on: 07/14/2021

Berkshire Hathaway HomeServices California Realty

Last Buyer's Agent

Stephanie Young

Coldwell Banker Realty License #01793999

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 2015

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Spanish Architecture
  • Planned Development
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,015 Sq Ft Home
  • Blinds
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 17446
  • Assessor Parcel Number 93310614

Community Details

Overview

  • 147 Units
  • El Paseo/Association Association, Phone Number (949) 768-7261
  • Associate Pcm HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,293

Year Built

Built in 2015

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access, Gated Community
  • Subdivision Name Other: El Paseo
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93310614
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1015.00 Square Feet
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 573.89
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Suite, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Closet, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Fire Pit, Barbecue, Picnic Area, Playground, Clubhouse, Controlled Access
  • Association Fee: 239.00
  • Association Fee Frequency: Monthly
  • Association Name: El Paseo/Association
  • Phone: 9497687261
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Associate PCM

Schools

  • School District: Saddleback Valley Unified

Green Features

  • Efficiency: Water Heater

Lot Info

  • Additional Parcels: No
  • Lot Features: Close to Clubhouse

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 147
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 11
  • Tax Tract Number: 17446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 23, 2021
Sold by
Mokbel George
Bought by
Chang Stephanie
Seller's Agent
Jason Mokbel
Berkshire Hathaway HomeServices California Realty
Buyer's Agent
Stephanie Young
Coldwell Banker Realty
List Price
$575,000
Sold Price
$582,500
Premium/Discount to List
$7,500
1.3%
Current Estimated Value
$789,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,254
Avg. Annual Appreciation
7.57%
Original Mortgage
$522,900
Outstanding Balance
$473,721
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$316,033

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 6, 2017
Sold by
Maxwell Thomas and Maxwell Kristin
Bought by
Mokbel George
Seller's Agent
Karen Walsh
Realty One Group West
Buyer's Agent
Jason Mokbel
Berkshire Hathaway HomeServices California Realty
List Price
$475,000
Sold Price
$468,000
Premium/Discount to List
-$7,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$374,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Brokfield Lf 147 Llc
Bought by
Maxwell Thomas and Maxwell Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,485
Interest Rate
3.71%
Mortgage Type
New Conventional
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
Chang Stephanie $582,500 Landwood Title
Mokbel George $468,000 Lawyers Title
Maxwell Thomas $418,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Stephanie $522,900
Previous Owner Mokbel George $374,400
Previous Owner Maxwell Thomas $334,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2021 08/26/21 Sold $582,500 +1.3% $574 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $575,000 +22.9% $567 / Sq Ft
03/17/2017 03/17/17 Sold $468,000 -1.5% $461 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $475,000 -- $468 / 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 $6,293 $618,153 $429,932 $188,221
2024 $6,293 $606,033 $421,502 $184,531
2023 $6,143 $594,150 $413,237 $180,913
2022 $6,032 $582,500 $405,134 $177,366
2021 $4,986 $501,790 $337,106 $164,684
2020 $5,209 $496,645 $333,649 $162,996
2019 $5,105 $486,907 $327,107 $159,800
2018 $5,010 $477,360 $320,693 $156,667
2017 $4,538 $432,972 $271,404 $161,568
2016 $4,770 $424,483 $266,083 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21143909

California Regional Multiple Listing Service (CRMLS)

APN: 933-106-14