NOT LISTED FOR SALE

468 Palermo Lake Forest, CA 92630

Estimated Value: $1,070,000 - $1,184,000

3 Beds
3.5 Baths
1,670 Sq Ft
1,999 Sq Ft Lot

Highlights

  • Spa
  • No Units Above
  • City Lights View
  • Rancho Canada Elementary School Rated A-
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of December 2023

Newer condo with mountain view in Lake Forest Serrano Summit community. Featuring 3 beds and 3.5 baths. One ensuite bedroom on the main floor. Spacious and open floor plan connecting the kitchen, dining area and great room the 2nd floor. The flooring in the great room has upgraded with vinyl flooring. The individual laundry room is located on the 2nd floor. One large master bedroom with walk-in shower in the master bathroom and another 2nd ensuite bedroom on the 3rd floor. The amenities in the community: swimming pools, spa, clubhouse, BBQ areas, fireplaces, outdoor event spaces, playgrounds and pickleball courts. 10 mins drive to Irvine Spectrum Center and Foodhill Ranch Towne Center. Walking distance to Lake Forest Community Center.

Last Agent to Rent the Property

Wan Ting Lin

Innovate Realty, Inc. License #02116593 Listed on: 12/07/2023

Last Renter's Agent

Parker Mallough

Coldwell Banker Realty License #02137878

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,098

Year Built

  • Built in 2021

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,670 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Security Deposit $5,500
  • Rent includes association dues
  • Available 12/6/23
  • Tax Lot 1
  • Tax Tract Number 18189

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $600
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,098

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Credit Report, Pet Deposit, Security Deposit
  • Available Date: 2023-12-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 600
  • Deposit Security: 5500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, Washer, Dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Serrano Park I (SP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1670.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.40
  • Room Type: Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Suite, Walk-In Closet
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, High Efficiency Water Heater, Microwave, Range Hood
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Sport Court, Clubhouse
  • Association Name: Serrano Park
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2000.00
  • Lot Size Acres: 0.0459
  • Latitude Manual: 33.66027400

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 2000.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 120
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 18189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Yang Antony T
Current Estimated Value
$1,141,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,990
Interest Rate
3.05%
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
Yang Antony T $899,000 Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Antony T $698,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Rented $4,000 0.0% --
12/18/2023 12/18/23 Under Contract -- -- --
12/07/2023 12/07/23 For Rent $4,000 -- --
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 $10,098 $954,014 $954,014 --
2024 $10,098 $935,308 $935,308 --
2023 $9,861 $916,969 $916,969 $0
2022 $9,685 $898,990 $898,990 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23222258

California Regional Multiple Listing Service (CRMLS)

APN: 939-103-85