1081 Summit Oak Dr Lake Forest, CA 92679

$1,242,000 Sold Price as of 09/06/2018

4 Beds
3 Baths
3,712 Sq.Ft.

Off Market

$1,242,000 Sold Price as of 09/06/2018 Refinance Your Mortgage

Map preview of 1081 Summit Oak Dr, Lake Forest, CA 92679

Property Overview: 1081 Summit Oak Dr Lake Forest, CA has 4 bedrooms, 3 bathrooms, 3,712 living square feet and 5,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1081 Summit Oak Dr is currently an off market home in the city of Lake Forest. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Lake Forest has a median list price of $1,200,000. The median price per/sqft for Lake Forest is $646. With those numbers in mind, if you are looking to purchase a median priced home in Lake Forest, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Lake Forest the commission could be as much as $71,524. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1081 Summit Oak Dr

Last sold for $1,242,000 on September 6th, 2018

March, 2023
Mar 21, 2023

Date

Canceled

CRMLS: OC23005297

$8,500

Price
Jan 27, 2023

Date

Active

CRMLS: OC23005297

$9,800

Price
Listing provided courtesy of CRMLS

Bright, beautiful, highly-upgraded, move-in ready home in the gated neighborhood of “The Oaks at Portola Hills.” The 2018-built home is in pristine, model-home condition and features a plethora of luxury amenities. The chef’s kitchen features stainless steel KitchenAid appliances and an 11-foot white quartz island with marble countertops/ backsplash. Upgraded white cabinetry extends to the ceiling, providing ample storage space. A separate prep kitchen/ craft room with its own full-sized refrigerator and walk-in pantry complete the kitchen area. The dining room boasts a fireplace and dramatic two-story ceilings. Floor-to-ceiling sliding glass doors open to the California Room and private back yard. The yard has a travertine patio, lush landscaping, premium cool-touch green turf, a built-in BBQ and fountain. A downstairs bedroom (with ensuite bathroom including a shower) is perfect as an office or bedroom. Upstairs, 3 bedrooms, 2 full bathrooms and a cozy media loft await you. The primary suite’s bathroom includes Italian marble countertops, two separate closets with custom built-ins, two separate vanities, and a makeup counter area. Custom white shutters throughout. As a resident of The Oaks at Portola Hills, you may enjoy a resort style pool with two spas (with fob key access) and dog parks, all located across Glen Ranch Road. For mountain biking and hiking, an entrance to the Whiting Ranch Wilderness Park is located at the end of the street. A cute playground with picnic area is conveniently located within the neighborhood gates. Located atop Portola Hills, close to the Portola Parkway exit on the 241 Toll Road. Near an abundance of shopping, restaurants, schools and sports parks. Note: Includes use of designer furnishings that have been curated from high end retailers, primarily Restoration Hardware and Room & Board. The monthly rental amount includes HOA dues, gardening service and fountain maintenance service.

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September, 2018
Sep 6, 2018

Date

Sold (Public Records)

Public Records

$1,242,000

Price

Tax History for 1081 Summit Oak Dr

Assessed Value (2020): $1,266,834

Year	Land Value	Improved Value	Assessed Value
2020	$398,630	$868,204	$1,266,834

About 1081 Summit Oak Dr

Detailed summary of property

1081 Summit Oak Dr is a single family home in Lake Forest, CA 92679 and last sold on September 6, 2018 for $1,242,000. This house has 4 bedrooms, 3 bathrooms, roughly 3,712 living square feet, and sits on an approximately 5,500 square foot lot. Homes in Lake Forest are selling for a median price of $1,430,477 and a median price per square foot of $698. Based on Ardent Real Estate Group's Lake Forest Market Data, this home is sold 13.18% lower than the current median priced home. 1081 Summit Oak Dr was last sold on September 6, 2018 for $1,242,000. Local nearby listings include 56 Tessera Ave, 12 Havre Court and 20702 El Toro Rd #128. The average home in Lake Forest, CA is selling in 52 days. There are currently 138 homes for sale in the Lake Forest real estate market and 89 of them are single family homes while 43 of them are condos and 6 are townhomes. If you are the homeowner and looking to sell the home at 1081 Summit Oak Dr Lake Forest, CA 92679 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Forest agents.

Public Facts for 1081 Summit Oak Dr

Public county record property details

Beds: 4
Baths: 3
Year built: 2018
Sq. Ft.: 3,712
Lot Size: 5,500
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 606-333-14

The source for these homes facts are from public records.

92679 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,495,000

Median List Price/Sq.Ft.

$615

Median Sold Price

$1,700,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (46.51%), FHA (4.65%), VA (2.33%), Cash (23.26%), Other (20.93%)

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