NOT LISTED FOR SALE

Estimated Value: $1,400,000 - $1,490,000

3 Beds
3.5 Baths
2,505 Sq Ft
2021 Built

Sale Details

Date Sold: February 5, 2024

Last sale price $1,350,000 $539 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,977 / mo

120 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Park or Greenbelt View
  • Rancho Canada Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2024

Welcome to 557 Catalonia in Lake Forest, a remarkable three-story detached unit offering an array of appealing features and amenities. On the main floor, a spacious suite with a walk-in closet provides comfort and privacy, and it opens up to a tranquil backyard retreat. There's also ample storage space under the stairs for added convenience. Moving to the second floor, you'll find a well-thought-out layout that includes a living room, open kitchen, half bathroom, den, and a balcony, making it perfect for both relaxation and entertaining. The third floor houses two suites, one being the master suite with balcony access, as well as a dedicated laundry room. This property's proximity to a park, community swimming pool, kids' playground, and the abundance of nearby amenities, including schools and shopping centers, create a convenient and family-friendly living environment.

In this quiet and well-equipped community, 557 Catalonia offers the best of both comfort and convenience. Whether you're relaxing in the backyard, enjoying the open kitchen and living room on the second floor, or appreciating the privacy of the suites on the third floor, this detached unit is designed to cater to a modern and enjoyable lifestyle. With its fantastic location and an array of amenities, it's an ideal choice for those seeking a harmonious blend of tranquility and accessibility in Lake Forest. Welcome to your new home!

Last Agent to Sell the Property

Jiaying Yu

KW Executive License #02081119 Listed on: 09/18/2023

KW Executive

Last Buyer's Agent

Daniel Choi

Coldwell Banker Realty License #01792771

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 2,505 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Home Office
  • Park or Greenbelt Views

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

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

Additional Features

  • Solar Power System
  • No Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 18188
  • Assessor Parcel Number 93910743
  • $240 per year additional tax assessments

Community Details

Overview

  • 608 Units
  • Serrano Summit Association, Phone Number (800) 232-7517

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Water Sports

Property Details

Home Type

Condominium

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

HOA Fees

$213 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Serrano Summit
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93910743
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2505.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 538.92
  • Room Type: Den, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom, Office, Walk-In Closet

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Sport Court
  • Association Fee: 213.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Summit
  • Phone: 8002327517
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Watersports, Sidewalks
  • Association Management: Serrano Summit

Schools

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 608
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 10
  • Tax Tract Number: 18188
  • TaxOtherAnnualAssessmentAmount: 240.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Bought by
Current Estimated Value
$1,442,201

Purchase Details

Listed on
Sep 18, 2023
Closed on
Jan 16, 2024
Sold by
Bought by
Seller's Agent
Jiaying Yu
KW Executive
Buyer's Agent
Daniel Choi
Coldwell Banker Realty
List Price
$1,390,000
Sold Price
$1,350,000
Premium/Discount to List
-$40,000
-2.88%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,012,500
Interest Rate
0.0661%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,350,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,012,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $1,350,000 -1.5% $539 / Sq Ft
11/02/2023 11/02/23 Price Changed $1,370,000 -1.4% $547 / Sq Ft
09/18/2023 09/18/23 For Sale $1,390,000 -- $555 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,138 $1,377,000 $680,030 $696,970
2024 $11,138 $1,059,073 $469,174 $589,899
2023 $10,876 $1,038,307 $459,974 $578,333
2022 $10,682 $1,017,949 $450,955 $566,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23174487

California Regional Multiple Listing Service (CRMLS)

APN: 939-107-43

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