NOT LISTED FOR SALE

406 El Paseo Lake Forest, CA 92610

Estimated Value: $871,000 - $952,000

2 Beds
2 Baths
1,423 Sq Ft
$242/mo HOA Fee

Last Sold July 31, 2023

Last sale price $838,000 $589 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,977/month

8 Days on Market

Highlights

  • Home Theater
  • Filtered Pool
  • Automatic Gate
  • Foothill Ranch Elementary School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of July 2023

Luxurious 2-bedroom, 2-bathroom, plus den/office townhome with an attached 2-car garage located in the wonderful hillside community of Foothill Ranch! Enjoy living in the highly sought-after gated RESORT STYLE, Spanish- inspired village of El Paseo, with low HOA and NO MELLOS ROOS! This two-level townhome has so much to offer! As you walk into the unit, you are welcomed by an outdoor patio, a lovely area for your morning coffee. Enter the home on ground level and be greeted with a spacious downstairs den/office, which is also perfect as an extra space for overnight guests. The ground level also features an expansive storage closet and direct access to the tandem two-car garage. Take the stairs up to the second/main level, to the inviting open floor plan, with the kitchen open to the living, dining area, and the covered deck/balcony being the second outdoor patio space perfect for relaxation. Entertain your guests in the beautiful kitchen with gorgeous granite countertops, a huge kitchen island with bar seating, white European-style cabinetry, backsplash, stainless steel appliances, and luxury wood vinyl flooring throughout. Enjoy reading/relaxing, and watching TV in the living room with an abundance of light from large windows with plantation shutters. Down the hallway, to the Primary Suite, you pass the indoor laundry closet, and the hallway full bathroom featuring a shower in-tub and single vanity. The Primary Suite features high ceilings, a walk-in closet, and an en suite bathroom with dual sinks, a walk-in shower enclosure, and a private toilet room. The secondary bedroom is a generous size, steps away from the hallway full bathroom. Custom upgrades include recessed lighting, baseboards, plantation shutters, and ceiling fans. Enjoy the resort-style amenities of El Paseo which include: a pool, playground area, and clubhouse. Being a Foothill Ranch resident you can also enjoy four different parks featuring basketball, tennis, hockey, sand volleyball courts, jungle gyms, baseball, soccer fields, world-class mountain biking, and hiking trails. Also close to shopping, the Foothill Ranch library, restaurants, Regal Theater, and the 241 toll road. Hurry on this one it won't last long at this price!!

Last Agent to Sell the Property

Tim Morissette

Coldwell Banker Realty License #00629590 Listed on: 06/26/2023

Coldwell Banker Realty

Co-Listed By

Matthew Morissette

Coldwell Banker Realty License #02130561

Last Buyer's Agent

Valerie Neeley

First Team Real Estate License #01988451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,787

Year Built

  • Built in 2015

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Brick Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,423 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Shutters
  • Insulated Doors
  • Panel Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Loft
  • Storage
  • Utility Room
  • Home Gym
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Pool

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

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Foothill Ranch Elementary School
  • Rancho Santa Margarita Middle School
  • Trabuco Hills High School

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 17446
  • Assessor Parcel Number 93310618
  • $122 per year additional tax assessments

Community Details

Overview

  • 148 Units
  • El Paseo Association, Phone Number (949) 768-7261
  • Built by Brookfield
  • Maintained Community
  • Foothills
  • Mountainous Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,787

Year Built

Built in 2015

Lot Details

0

HOA Fees

$242 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: El Paseo
  • View: Yes
  • Well Report: No
  • Architectural Style: Contemporary, Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93310618
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1423.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Phone System, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Panel Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 588.90
  • Room Type: Den, Entry, Exercise Room, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Recreation, Utility Room, Walk-In Closet
  • Window Features: Double Pane Windows, Insulated Windows, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Stucco Wall
  • Builder Name: Brookfield
  • Patio And Porch Features: Concrete, Deck, Enclosed, Patio, Terrace
  • Pool Features: Association, Community, Fenced, Filtered, Gunite, Heated, Electric Heat, In Ground
  • Pool Private: No
  • Roof: Concrete, Spanish Tile
  • Spa: No
  • Construction Materials: Block, Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Frame, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Driveway - Brick, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Gated, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse, Banquet Facilities, Recreation Room, Meeting Room, Maintenance Grounds, Management, Security, Controlled Access
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Association Name: El Paseo
  • Phone: (949) 768 7261
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Foothills, Hiking, Gutters, Park, Mountainous, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: El Paseo

Schools

  • School District: Saddleback Valley Unified
  • Elementary School: Foothill Ranch
  • Middle School: Rancho Santa Margarita
  • High School: Trabuco Hills
  • Elementary School: Foothill Ranch
  • High School: Trabuco Hills
  • Middle Or Junior School: Rancho Santa Margarita
  • Elementary School #2: FOORAN
  • High School2: TRAHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Latitude Manual: 33.67693900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 148
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.22
  • Tax Lot: 11
  • Tax Tract Number: 17446
  • TaxOtherAnnualAssessmentAmount: 122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 7, 2023
Sold by
Flores Berenice and Flores Alonso
Bought by
Mohan Kaushik and Elango Vishalakchi
Seller's Agent
Tim Morissette
Coldwell Banker Realty
Buyer's Agent
Valerie Neeley
First Team Real Estate
List Price
$799,000
Sold Price
$838,000
Premium/Discount to List
$39,000
4.88%
Views
64
Current Estimated Value
$918,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,366
Avg. Annual Appreciation
4.55%
Original Mortgage
$670,400
Outstanding Balance
$654,780
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$263,586

Purchase Details

Listed on
May 4, 2020
Closed on
May 15, 2020
Sold by
Ezell Jonathon David and Ezell Tiffany Danielle
Bought by
Flores Berenice and Nunez Sarrapy Alonso
Seller's Agent
Alexis Cottrell
LPT Realty, Inc.
Buyer's Agent
Mary Gott
Berkshire Hathaway HomeService
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$579,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2018
Sold by
Kazemi Elaine Mae P and Kazemi Ray
Bought by
Ezell Jonathan David and Ezell Tiffany Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Brookfield Lf 147 Llc
Bought by
Kazemi Elaine Mae P and Kazemi Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,592
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mohan Kaushik $838,000 Wfg National Title Company
Flores Berenice $610,000 Placer Title Company
Ezell Jonathan David $600,000 Ticor Title
Kazemi Elaine Mae P $462,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohan Kaushik $670,400
Previous Owner Flores Berenice $579,500
Previous Owner Ezell Jonathon David $544,500
Previous Owner Ezell Jonathan David $560,000
Previous Owner Kazemi Elaine Mae P $453,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $838,000 +4.9% $589 / Sq Ft
07/06/2023 07/06/23 For Sale $799,000 -4.7% $561 / Sq Ft
07/05/2023 07/05/23 Off Market $838,000 -- --
07/05/2023 07/05/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $799,000 +31.0% $561 / Sq Ft
06/01/2020 06/01/20 Sold $610,000 0.0% $429 / Sq Ft
05/04/2020 05/04/20 For Sale $610,000 -- $429 / 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 $8,787 $854,760 $567,260 $287,500
2024 $8,787 $838,000 $556,137 $281,863
2023 $6,618 $641,217 $386,630 $254,587
2022 $6,499 $628,645 $379,049 $249,596
2021 $6,099 $616,319 $371,617 $244,702
2020 $6,532 $624,240 $382,001 $242,239
2019 $6,402 $612,000 $374,510 $237,490
2018 $5,101 $487,951 $260,036 $227,915
2017 $5,000 $478,384 $254,937 $223,447
2016 $5,225 $469,004 $249,938 $219,066
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23112039

California Regional Multiple Listing Service (CRMLS)

APN: 933-106-18