tomo logo

$889,000

Beds
3
Baths
2.5
sq ft
1,746

25201 Chestnutwood, Lake Forest, CA 92630

25201 Chestnutwood

Lake Forest, CA 92630

  • 52 days on market
    • Price drop $35,900↓
HUGE PRICE IMPROVEMENT! Welcome to this beautifully updated, move-in ready home nestled in the heart of Lake Forest! This spacious property boasts 3 bedrooms, 2.5 bathrooms, and a variety of living spaces designed for comfort and style. The main floor features a welcoming living and dining room with a cozy fireplace, a family room, and a breakfast nook that opens to a large backyard patio through sliding glass doors. Brand-new waterproof vinyl flooring, fresh carpeting, and a new coat of paint add a modern touch throughout. The kitchen is a chef’s delight, showcasing granite countertops, stainless steel appliances, and new additions including an over-the-range microwave and dishwasher. The main level also offers a convenient laundry room and a sizable powder room. Upstairs, the master suite is a serene retreat with a spacious walk-in closet, dual sinks, and a walk-in shower. The outdoor space is perfect for entertaining or simply relaxing, with ample room for gardening, barbecues, or enjoying the California sun. This home is ideally located near shopping, dining, and excellent schools, making it a must-see opportunity for anyone looking to settle in Lake Forest!

Details

Property type

Condominium

Est. home value

$822,029

Lot size

Unknown

Price per sq ft

$510

Year built

1983

Monthly HOA fee

$382

Price History

10/18/2024
CRMLS

CRMLS #OC24187024

Price change
$889,000
-3.88%
09/17/2024
CRMLS

CRMLS #OC24187024

Listed
$924,900
+27.59%
11/18/2022
CRMLS

CRMLS #OC22226441

Sold
$724,900

Schools & Community

Elementary school: 

Rancho Canada

Middle school: 

Serrano Intermediate

High school: 

El Toro

Community features: 

Street Lights

High school district: 

Saddleback Valley Unified

Number of units in community: 

125

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

$244,676
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$573,204
Cash to seller
$244,676

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

November 2022

Original loan amount

$588,038

Est. remaining balance

$573,204

Interest rate

6.02%

Loan type

VA, 30 year

Seller

Pedro Gomez and Alyse Eckstrom

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: 11/08/2024 at 12:50 PM

Listing updated: 11/05/2024 at 11:25 AM

Listed by: Michael Didelot, HomeSmart, Evergreen Realty Phone #: (949) 600-8930

MLS: CRMLS #OC24187024

CRMLS logo

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