NOT LISTED FOR SALE

545 Serrano Summit Dr Lake Forest, CA 92630

Estimated Value: $2,050,000 - $2,419,000

5 Beds
4 Baths
2,643 Sq Ft
$863/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $2,000,000 $757 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,930/month

34 Days on Market

Highlights

  • New Construction
  • Spa
  • Clubhouse
  • Rancho Canada Elementary School Rated A-
  • City Lights View
  • Loft

About This Home

As of November 2022

Amara Model Home. Residence 2 on premium location with great back yard for entertaining!

Last Agent to Sell the Property

Cesi Pagano

Keller Williams Realty License #01043716 Listed on: 09/13/2022

Keller Williams Realty

Last Buyer's Agent

Kathy Wang

Pinnacle Real Estate Group License #01932786

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,801 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Planned Development
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,643 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Loft
  • City Lights Views

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Rain Gutters

Schools

  • Rancho Canada Elementary School
  • Serrano Intermediate
  • El Toro High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 18162

Community Details

Overview

  • Serrano Summit Association, Phone Number (949) 672-9203
  • Seabreeze Mgmt. HOA
  • Built by Lennar
  • Plan 2C

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$213 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Amara at Serrano Summit
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2643.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 756.72
  • Room Type: Kitchen, Living Room, Loft
  • Spa Features: Association, Community
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Builder Name: Lennar
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Clay
  • 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

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven, Gas Cooktop, Range Hood, Tankless Water Heater
  • Heating Type: High Efficiency
  • Laundry Features: Gas Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Clubhouse
  • Association Fee: 213.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Summit
  • Phone: 949-672-9203
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Seabreeze Mgmt.

Schools

  • Elementary School: Rancho Canada
  • High School: El Toro
  • Middle Or Junior School: Serrano Intermediate
  • Elementary School #2: RANCAN
  • High School2: ELTOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 3801.00
  • Lot Size Acres: 0.0873
  • Latitude Manual: 33.65936500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3801.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 18162

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 1, 2022
Sold by
Lennar Homes Of California Llc
Bought by
Yang Benxun and He Xiaoling
Seller's Agent
Cesi Pagano
Keller Williams Realty
Buyer's Agent
Kathy Wang
Pinnacle Real Estate Group
List Price
$2,164,990
Sold Price
$2,000,000
Premium/Discount to List
-$164,990
-7.62%
Views
23
Current Estimated Value
$2,281,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,874
Avg. Annual Appreciation
4.30%
Original Mortgage
$500,000
Outstanding Balance
$482,023
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,799,851
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Yang Benxun $2,000,000 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Benxun $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $2,000,000 -7.6% $757 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $2,164,990 -- $819 / 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 $21,564 $2,080,800 $1,315,023 $765,777
2024 $21,564 $2,040,000 $1,289,238 $750,762
2023 $21,056 $2,000,000 $1,263,958 $736,042
2022 $11,254 $1,076,184 $391,210 $684,974
2021 $11,031 $1,055,083 $383,539 $671,544
2020 $8,152 $774,110 $368,557 $405,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22200714

California Regional Multiple Listing Service (CRMLS)

APN: 610-721-06