tomo logo

$948,800

Beds
3
Baths
3.0
sq ft
1,928

24237 Lake Garden Dr Unit 36, Lake Forest, CA 92630

24237 Lake Garden Dr Unit 36

Lake Forest, CA 92630

  • 76 days on market
    • Price drop $20,000↓
Resort style living at it's best in beautiful Lake Forest Shores. This gated community provides privacy and tranquility and is only steps from the lake. This beautiful property newly upgraded home has one bedroom and full bathroom located downstairs along with the large kitchen that is open to the family room with fireplace, Luxury Vinal Flooring throughout, new paint, sliding door that leads to the patio area. Upstairs features the large master bedroom with another fireplace, walk-in closet, sitting area and balcony. The master bathroom features a walk-in shower, large soaking tub and dual sinks. The spacious third bedroom has two large closets and private bathroom. One garage has direct access into the property , the 2nd garage is located just steps away. FHA approved! Low tax base, No Mello Roos! Water and trash are included in the HOA fee. HOA fee also includes a family membership to the Lake Forest Beach, Gym and Tennis Club which features a beautiful club house, pools, spa, fitness room, basketball courts, etc. Easy access to shopping, dining, entertainment, Irvine Spectrum, freeways and toll roads.

Details

Property type

Condominium

Est. home value

$870,640

Lot size

1,928 sq ft

Price per sq ft

$493

Year built

1990

Monthly HOA fee

$430

Price History

05/31/2024
CRMLS

CRMLS #OC24073348

Price change
$948,800
-2.06%
04/16/2024
CRMLS

CRMLS #OC24073348

Listed
$968,800
+39.4%
06/11/2021
CRMLS

CRMLS #OC21080508

Sold
$695,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

El Toro

Community features: 

Gated, Lake, Street Lights, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

87

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

$360,346
Asking price
$948,800
Closing costs (~8% of asking)
-$75,904
Est. remaining loan balance
-$512,550
Cash to seller
$360,346

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

Seller’s Loan History

Lender

General Mortgage Capital Corp

Loan start date

May 2021

Original loan amount

$548,000

Est. remaining balance

$512,550

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Bruce Lee and Hongmei Zhang

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?

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Status: Active

Tomo last checked: 06/30/2024 at 7:45 PM

Listing updated: 05/31/2024 at 4:23 PM

Listed by: Cayenne Kuang, Spectrum Realty Phone #: (949) 551-9888

MLS: CRMLS #OC24073348

CRMLS logo

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