NOT LISTED FOR SALE

Estimated Value: $1,808,000 - $2,043,000

5 Beds
4 Baths
2,754 Sq Ft
$684/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $1,153,245 $419 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,846/month

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Great Room
  • Rancho Canada Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of July 2024

Welcome to your dream home in the highly desirable new community of Serrano Summit in the city of Lake Forest! This stunning 5-bedroom, 4-bathroom rental property offers the perfect blend of luxury and comfort. The two-story layout features an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting and spacious atmosphere perfect for both everyday living and entertaining. The modern kitchen is a chef's paradise, boasting built-in, state-of-the-art appliances, sleek countertops, and ample cabinetry for all your culinary needs. With one bedroom downstairs, ideal for guests or a home office, and a master suite upstairs along with three additional bedrooms, there's plenty of privacy for everyone. Enjoy the convenience of a two-car garage and the beauty of a large backyard, perfect for relaxation and outdoor activities. Nestled in a world-class community, you'll have access to top-notch amenities such as a swimming pool, spa, clubhouse, pickleball court, basketball court. Located near excellent schools, shopping, and dining options, 10 mins drive to Irvine Spectrum, this home provides a resort-like lifestyle right at your doorstep.

Last Agent to Rent the Property

Kevin Yu

Real Broker Brokerage Phone: 347-307-0950 License #02147630 Listed on: 06/24/2024

Real Broker

Last Renter's Agent

Kevin Yu

Real Broker Brokerage Phone: 347-307-0950 License #02147630 Listed on: 06/24/2024

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 3,290 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues
  • Available 7/8/24
  • Tax Lot 65
  • Assessor Parcel Number 61071119

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-07-08
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 6000
  • Furnished: Unfurnished
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Serrano Summit
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 61071119
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2754.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.18
  • Room Type: Family Room, Great Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood
  • 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: Dryer Included, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3290.00
  • Lot Size Acres: 0.0755
  • Latitude Manual: 33.65856500

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 3290.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Feb 23, 2021
Sold by
Lennar Homes Of California Inc
Bought by
Yuan Qiuchen and Zhang Tian
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Linna Zha
Alink Realty Group
List Price
$1,152,990
Sold Price
$1,153,245
Premium/Discount to List
$255
0.02%
Current Estimated Value
$1,882,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,184
Avg. Annual Appreciation
10.65%
Original Mortgage
$920,000
Outstanding Balance
$817,632
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,064,797
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
Yuan Qiuchen $1,153,500 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Qiuchen $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2024 07/14/24 Rented $6,000 0.0% --
06/24/2024 06/24/24 For Rent $6,000 0.0% --
03/24/2021 03/24/21 Sold $1,153,245 0.0% $436 / Sq Ft View Prior Sale
02/10/2021 02/10/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $1,152,990 -- $436 / 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 $12,848 $1,248,307 $502,022 $746,285
2024 $12,848 $1,223,831 $492,179 $731,652
2023 $12,546 $1,199,835 $482,529 $717,306
2022 $12,322 $1,176,309 $473,067 $703,242
2021 $10,877 $1,040,149 $383,538 $656,611
2020 $3,982 $368,557 $368,557 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24128690

California Regional Multiple Listing Service (CRMLS)

APN: 610-711-19