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24371 Lake Terrace Ln, Lake Forest, CA 92630
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24371 Lake Terrace Ln Lake Forest, CA 92630

$805,000 Sold Price as of 03/22/2021
  • 3 Beds
  • 2 Baths
  • 1,561 Sq.Ft.
Sold
$805,000 Sold Price as of 03/22/2021 Refinance Your Mortgage
Map preview of 24371 Lake Terrace Ln, Lake Forest, CA 92630

Property Overview: 24371 Lake Terrace Ln Lake Forest, CA has 3 bedrooms, 2 bathrooms, 1,561 living square feet and 4,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 24371 Lake Terrace Ln. is a rare single level which is just steps away from the Lake at Lake Forest. Enjoy green belts with gentle streams, cascading waterfalls and Koi ponds. Beyond is the lake with boating, fishing and beautiful views. A cozy porch out front is perfect for a morning cup of coffee and is complemented by new landscaping. This 1561 square foot home has 3 large bedrooms, 2 baths and a custom courtyard with a modern fountain. Cathedral ceilings, loads of windows and French doors leading outside allow lots of light. The kitchen has quartz counters, stainless steel appliances and the master bath has a remodeled walk-in shower. Designer paint, tile & laminate floors make for easy maintenance. The refrigerator, washer and dryer are included. There is a 2 car garage with a full driveway too. Located near shopping, local restaurants and other services, this home has easy access to the 5 and 405 freeways. With the lake, the clubhouse and all the nearby amenities, you never need to leave the neighborhood. Welcome Home! Private showings following Covid19 guidelines.

Listed by Sandi Clark | BRE #01264896 | First Team Real Estate
Co-listed by Debbie Miller | BRE #01734292 | First Team Real Estate
Last checked: 8 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,300
HOA Dues
$285/mo
Year built
1975
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC21019156
City
Lake Forest
County
Orange
Time on Site
1318 days

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Property Details for 24371 Lake Terrace Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, In Garage, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Gas Starter
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: In Living Room
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Self Cleaning Oven
  • Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Cathedral Ceiling(s), High Ceilings, Open Floorplan, Two Story Ceilings
  • Levels: One
  • Window Features: Double Pane Windows, Plantation Shutters
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors, Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Barbecue Private, Lighting, Rain Gutters
  • Has Fence
  • Stucco Wall
  • Has Spa
  • Spa Features: Community
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Community
  • Concrete, Patio, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Close to Clubhouse, Corner Lot, Cul-De-Sac, Landscaped, Lawn, Rectangular Lot, Level, Park Nearby, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Courtyard
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 61728411
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: Grab Bars In Bathroom(s), No Interior Steps
  • Offered With Property: refrigerator, washer and dryer.
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Lake Forest Community Association
  • Association Fee: $285 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse, Maintenance Grounds
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Santiago
  • Elementary School: SANTIA
  • Middle/Junior High School: Serrano
  • Middle/Junior High School: SERRAN
  • High School: El Toro
  • High School: ELTOR
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lake Terrace I (LT)
  • Directions: From the 5, go North to Overlake, go right and then left on Lake Terrace. Home is on the right on the corner.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Fishing, Hiking, Gutters, Lake, Park, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Lake Forest Agent

Sale History for 24371 Lake Terrace Ln

Last sold for $805,000 on March 22nd, 2021

  • March, 2021

  • Mar 25, 2021

    Date

    Sold

    CRMLS: OC21019156

    $805,000

    Price

  • Mar 4, 2021

    Date

    Pending

    CRMLS: OC21019156

    $775,000

    Price

  • Mar 4, 2021

    Date

    Price Change

    CRMLS: OC21019156

    $775,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: OC21019156

    $750,000

    Price

  • Feb 16, 2021

    Date

    Pending

    CRMLS: OC21019156

    $750,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: OC21019156

    $750,000

    Price

  • Feb 8, 2021

    Date

    Coming Soon

    CRMLS: OC21019156

    $750,000

    Price

  • May, 2006

  • May 8, 2006

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • May, 2002

  • May 2, 2002

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 24371 Lake Terrace Ln

Assessed Value (2020): $692,580
Year Land Value Improved Value Assessed Value
2020 $553,593 $138,987 $692,580

Home Value Compared to the Market

This property vs the competition

24371 Lake Terrace Ln sold on March 22, 2021 for 34.32% lower than the current median sold price for the city of Lake Forest which is $1,180,000. The median sold price per/sqft for Lake Forest is $640 and this home is sold at $496.48 per/sqft which puts the price per square foot 22.43% lower than the current median sale per square foot for the city of Lake Forest.

About 24371 Lake Terrace Ln

Detailed summary of property

24371 Lake Terrace Ln is a single family home that recently sold in Lake Forest, CA 92630. This house offered 3 bedrooms, 2 bathrooms, roughly 1,561 living square feet, and sits on an approximately 4,300 square foot lot. 24371 Lake Terrace Ln was first listed on ArdentRealEstateGroup.com on February 8, 2021. The homeowner sold the property for $805,000. Home in Lake Forest are selling for a median price of $1,180,000 and a median price per square foot of $640. Based on Ardent Real Estate Group's Lake Forest Market Data, this home is sold 34.32% lower than the current median priced home. Local homes that are currently for sale include 22066 Newbridge Dr #65, 23406 Via San Miguel and 3188 Via Buena Vista #B. This home does have a Homeowners Association and the monthly fee is $285 per month. While the average home in Lake Forest, CA is selling in 61 days, 24371 Lake Terrace Ln has a days on market of 6 days. There are currently 175 homes for sale in the Lake Forest real estate market and 96 of them are single family homes while 70 of them are condos and 9 are townhomes. For more information on this home for sale at 24371 Lake Terrace Ln Lake Forest, CA 92630 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Forest agents.

Public Facts for 24371 Lake Terrace Ln

Public county record property details
Beds
3
Baths
2
Year built
1975
Sq. Ft.
1,566
Lot Size
4,300
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
179
APN
617-284-11

The source for these homes facts are from public records.

92630 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,999
Median List Price/Sq.Ft.
$652
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$618
Total Inventory
138
Median Sale to List Price %
97.92%
Avg Days on Market
24
Loan Type
Conventional (46.43%), FHA (5.36%), VA (1.79%), Cash (30.36%), Other (16.07%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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