tomo logo

$475,000

Beds
1
Baths
1.0
sq ft
710

20702 El Toro Rd Unit 134, Lake Forest, CA 92630

20702 El Toro Rd Unit 134

Lake Forest, CA 92630

  • 33 days on market
    • Price drop $4,500↓
****The community is FHA-approved!! **** Experience luxury living in this beautiful unit in one of the most sought-after spots in the complex! This home offers stunning views and a spacious balcony perfect for relaxation. As you step inside, you'll be greeted by a large living room with soaring cathedral ceilings, creating an open, airy atmosphere. The modern kitchen is a chef's dream, boasting newer cabinets with soft-closing doors, premium hardware, granite countertops, an upgraded backsplash, top-of-the-line appliances, recessed lighting, a stainless steel sink, and a sleek faucet. Throughout the unit, you'll find new laminated wood flooring and custom paint, enhancing the contemporary feel. The expansive bedroom features both a walk-in closet and a linen closet, with the walk-in closet expertly remodeled for maximum functionality and beauty. The bathroom has a newer vanity, granite countertops, mirror, toilet, resurfaced tub, light fixture, and flooring. Additional features include newer appliances, air-conditioning, washer, dryer, refrigerator, and modern light fixtures throughout. The large patio provides a tranquil space to enjoy the complex's serene streams and lush greenery. Convenience is key with an in-unit washer and dryer. The homeowner association covers water, trash, and exterior maintenance, and residents enjoy access to fantastic amenities, including pools, spas, tennis, and basketball courts. Ideally situated close to top-rated schools, shopping, parks, Saddleback Church, Irvine Spectrum, walking/biking trails, and Sports Park, this unit in Building #10 offers the perfect blend of luxury, convenience, and community. Don't miss out on this exceptional opportunity!

Details

Property type

Condominium

Est. home value

$434,680

Property condition

Updated/Remodeled

Lot size

22.9568 acres

Price per sq ft

$670

Year built

1980

Monthly HOA fee

$424.43

Price History

06/30/2024
CRMLS

CRMLS #OC24106751

Price change
$475,000
-0.94%
06/16/2024
CRMLS

CRMLS #OC24106751

Price change
$479,500
-2.14%
05/29/2024
CRMLS

CRMLS #OC24106751

Listed
$489,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park, Street Lights, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

400

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$396,988
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$40,012
Cash to seller
$396,988

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Capitol Commerce Mtg Co

Loan start date

December 2000

Original loan amount

$91,800

Est. remaining balance

$40,012

Interest rate

7.68%

Loan type

Not Provided, 30 year

Seller

Neal I Frerichs and Vivian M Frerichs

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/30/2024 at 7:25 PM

Listing updated: 06/29/2024 at 9:03 PM

Listed by: Mozhdeh Omidbakhsh, Balboa Real Estate, Inc Phone #: (888) 787-8808

MLS: CRMLS #OC24106751

CRMLS logo

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