NOT LISTED FOR SALE

505 Deeann Lake Forest, CA 92610

Estimated Value: $962,000 - $1,264,000

3 Beds
4 Baths
1,761 Sq Ft
$468/mo HOA Fee

Last Sold April 06, 2023

Last sale price $920,000 $522 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,954/month

16 Days on Market

Highlights

  • Spa
  • All Bedrooms Downstairs
  • Near a National Forest
  • Portola Hills Elementary School Rated A
  • Gated Community
  • Hiking Trails

About This Home

As of April 2023

Welcome Home to this beautiful, luxurious , spacious townhome. Practically BRAND NEW this 2020 floorplan has everything and MORE. You are greeted with a first floor office area and the built-in cabinetry is perfect for ALL needs. Having quick first floor access to the garage is convenient for those on the go lifestyles. As you walk up to the second floor, unwind in your open living area and bright kitchen. Great for entertaining or just a quiet night in. This Marvelous kitchen has all white cabinets, stainless steel appliances, and perfect white subway tile backsplash. Head on up to the third floor to your full size bathroom , two additional bedrooms and an exquisite master bedroom with en suite. The community is quiet and equipped with pool for those hot summer days and a sauna for those chilly nights. Enjoy the playground, picnic area or many biking trails around the community. You are just minutes away from shopping and freeways. Come make this your home today !!

Last Agent to Sell the Property

Joshua Siber

Real Broker License #02025961 Listed on: 01/31/2023

Real Broker

Last Buyer's Agent

Brendan Lee

First Team Real Estate License #02136365

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,869

Year Built

  • Built in 2019

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,761 Sq Ft Home

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15353
  • Assessor Parcel Number 93248413
  • $211 per year additional tax assessments

Community Details

Overview

  • 144 Units
  • Firstservice Association
  • Ironridge HOA
  • Near a National Forest

Recreation

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

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,869

Year Built

Built in 2019

Lot Details

0

HOA Fees

$468 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93248413
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1761.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 522.43
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Laminate Counters

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
  • Association Fee: 468.00
  • Association Fee Frequency: Monthly
  • Association Name: FirstService
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Curbs, Hiking, Park, Sidewalks
  • Association Management: Ironridge

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 144
  • Number Of Units Total: 144

Tax Info

  • Tax Census Tract: 524.28
  • Tax Lot: 1
  • Tax Tract Number: 15353
  • TaxOtherAnnualAssessmentAmount: 211.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Apr 5, 2023
Sold by
Farsi Frank and Farsi Nayer
Bought by
Crow Nicholas and Zhao Jiayu
Seller's Agent
Joshua Siber
Real Broker
Buyer's Agent
Brendan Lee
First Team Real Estate
List Price
$949,900
Sold Price
$920,000
Premium/Discount to List
-$29,900
-3.15%
Views
61
Current Estimated Value
$1,080,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,066
Avg. Annual Appreciation
6.49%
Original Mortgage
$726,201
Outstanding Balance
$705,646
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$374,420

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 7, 2021
Sold by
Pacheco Juan A Figueroa and Figueroa Evita
Bought by
Farsi Frank and Shirani Nayer
Seller's Agent
BREEAN MARTINEZ
ANOMALY REAL ESTATE
Buyer's Agent
Andrew Giannos
eXp Realty of California Inc
List Price
$830,000
Sold Price
$850,000
Premium/Discount to List
$20,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Portola Pa-5B Owner Llc
Bought by
Figueroa Juan A and Figueroa Evita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,873
Interest Rate
2.8%
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
Crow Nicholas $920,000 First American Title
Farsi Frank $850,000 First American Title Company
Figueroa Juan A $668,509 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crow Nicholas $726,201
Previous Owner Farsi Frank $350,000
Previous Owner Figueroa Juan A $634,873
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $920,000 -3.1% $522 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $949,900 +11.8% $539 / Sq Ft
10/28/2021 10/28/21 Sold $850,000 +2.4% $502 / Sq Ft View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $830,000 -- $490 / 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 $9,869 $957,168 $531,735 $425,433
2024 $9,869 $938,400 $521,308 $417,092
2023 $9,092 $867,000 $506,046 $360,954
2022 $8,930 $850,000 $496,123 $353,877
2021 $6,995 $668,288 $320,972 $347,316
2020 $5,344 $509,980 $232,809 $277,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23016640

California Regional Multiple Listing Service (CRMLS)

APN: 932-484-13