RENTED JUN 20, 2025

459 Palermo Lake Forest, CA 92630

Estimated Value: $1,134,000 - $1,285,000

4 Beds
4 Baths
2,001 Sq Ft
$617/Sq Ft Est. Value

About This Home

City and Mountain View home and End unit of Covera Plan 3 at Serrano Summit Lake forest. 4 bedrooms and 3.5 bathrooms located at End unit with 2 bay garage and additional capacity for storage. A patio yard including and takes you to the first floor which has One suite room downstairs perfect for the guest, master room and two kids room at top floor, you can see the view from the living room , dining room and kitchen which located at second floor. Located at Serrano Summit community features a club house including indoor study center, outdoor swimming pool, BBQ area and quiet reading area and party room. Uniquely located in the heart of the Lake forest Financial District, this beautiful three-level condo is just minutes away from Irvine Spectrum Center, UCI, and foothill shopping plazas. The best choice for students and people working close by. Home is a free-flowing living area featuring a open great room, dining room, outdoor deck, and gourmet kitchen with modern white shaker cabinets along with stainless steel appliances, and a gourmet quartz counter top center island. Upgraded wood flooring all over the house. The master suites has its' own luxurious master bathroom and large walk-in closet. You can see the view of city of Irvine and Lake forest from all three levels. Welcome to Lake forest brand new Resort-Style community, Serrano Summit!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Bao Jianmei
Bought by
S & D Fortune Llc
Current Estimated Value
$1,235,301

Purchase Details

Listed on
Oct 22, 2021
Closed on
Sep 8, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Bao Jianmei
Seller's Agent
Yiming Yu
Realty One Group West
Buyer's Agent
Yiming Yu
Realty One Group West
Sold Price
$4,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,994
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
S & D Fortune Llc $1,148,500 Fidelity National Title
Bao Jianmei $935,000 Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bao Jianmei $560,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Rented $4,850 0.0% --
06/17/2025 06/17/25 Off Market $4,850 -- --
06/14/2025 06/14/25 For Rent $4,850 +12.8% --
11/01/2021 11/01/21 Rented $4,300 -4.4% --
10/30/2021 10/30/21 Under Contract -- -- --
10/22/2021 10/22/21 For Rent $4,500 -- --

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 $12,405 $1,194,587 $714,124 $480,463
2024 $12,405 $1,171,164 $700,121 $471,043
2023 $9,981 $953,689 $545,960 $407,729
2022 $9,873 $934,990 $535,255 $399,735
Source: Public Records

Agents Affiliated with this Home

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