NOT LISTED FOR SALE

433 Palermo Lake Forest, CA 92630

Estimated Value: $1,127,000 - $1,204,000

4 Beds
3.5 Baths
2,020 Sq Ft
2021 Built

Highlights

  • Spa
  • Community Pool
  • Park
  • Rancho Canada Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of December 2022

Beautiful 4 bedroom 3.5 bathroom townhouse in the community of Serrano Summit. This 3 stories house features with one bedroom and one full bathroom in the 1st floor, wood floor in the 2nd floor living area, granite counter and stainless applicances in kitchen, mater bedroom and 2 other bedroom in the 3rd floor. There are swimming pools and clubhouse features with cabanas, BBQs, fire pits, an event space, and pickle ball courts, playgrounds, parks in the resort like community. Close to Foothill Town Center and a short distance to Irvine Spectrum, 241 Toll, Fwys 5 & 405.

Last Agent to Rent the Property

Yongping Mao

Realty One Group West License #01950289 Listed on: 10/20/2022

Realty One Group West

Last Renter's Agent

Bogdan Osipov

The Agency License #02098852

The Agency

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2021

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,020 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Central Water Heater

Additional Features

  • Spa
  • 1 Common Wall

Listing and Financial Details

  • Security Deposit $6,675
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 11/10/22
  • Tax Lot 1
  • Tax Tract Number 18189
  • Assessor Parcel Number 93910345

Community Details

Overview

  • Property has a Home Owners Association
  • 100 Units
  • Serrano Park I Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Year Built

Built in 2021

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-11-10
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 6675
  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Serrano Park I (SP)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93910345
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2020.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2.08
  • Room Type: Family Room, Laundry, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community
  • Room Kitchen Features: Kitchen Island

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Microwave, Water Heater Central, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 100
  • Number Of Units Total: 100
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 1
  • Tax Tract Number: 18189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Lin Feng and Wang Siying
Current Estimated Value
$1,158,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$493,929
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$664,458
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Lin Feng $790,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Feng $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Rented $4,200 -3.4% --
11/17/2022 11/17/22 Price Changed $4,350 -2.2% $2 / Sq Ft
10/20/2022 10/20/22 For Rent $4,450 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,841 $855,108 $422,424 $432,684
2024 $8,841 $838,342 $414,142 $424,200
2023 $8,562 $821,904 $406,021 $415,883
2022 $8,408 $805,789 $398,060 $407,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22225364

California Regional Multiple Listing Service (CRMLS)

APN: 939-103-45

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