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421 Palermo, Lake Forest, CA 92630
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421 Palermo Lake Forest, CA 92630

$965,000 Sold Price as of 11/22/2021
  • 4 Beds
  • 3.5 Baths
  • 2,001 Sq.Ft.
Sold
$965,000 Sold Price as of 11/22/2021 Refinance Your Mortgage
Map preview of 421 Palermo, Lake Forest, CA 92630

Property Overview: 421 Palermo Lake Forest, CA has 4 bedrooms, 3.5 bathrooms, 2,001 living square feet and 2,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the newly constructed community of Serrano Summit, built by LENNAR. Here is your chance to purchase the largest home in the Covera collection - and the only floorplan with four bedrooms. What sets this home apart is the unobstructed views from the main level and prime corner location! Upon entering you will find one bedroom and bathroom are conveniently located on the first level, while the second floor showcases an open concept kitchen, dining and living areas with balcony. The well designed kitchen includes a vast amount of storage and top of the line GE appliances- an oven complete with an air frying feature! On the top level are three additional bedrooms including a spacious master suite and laundry room. No details were missed with the quality of finishes and thoughtful design. Enjoy all of the resort-style amenities that Serrano Summit has to offer, including a state-of-the-art, beautifully designed clubhouse, pool, multiple areas for entertaining, pickle ball courts, playground and breathtaking views of Orange County. This community has NO Mello-Roos, top rated schools and coveted location.

Listed by Cindi Karamzadeh | BRE #01969932 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: November 23rd, 2021 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
2,001
HOA Dues
$417/mo
Year built
2020
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
OC21226967
City
Lake Forest
County
Orange
Time on Site
1069 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 421 Palermo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Whole House Fan
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Upper Level, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Flooring: Carpet, Tile, Vinyl
  • Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Disposal, Gas Cooktop, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Heater, Water Line to Refrigerator
  • Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Self-closing cabinet doors, Self-closing drawers, Stone Counters
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • 2 Staircases, Balcony, Built-in Features, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters
  • Levels: Three Or More
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Tile
  • Rain Gutters
  • Has Spa
  • Spa Features: Association
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association
  • 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, Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Estimated
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 1
  • Parcel Number: 93910320
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Property is Attached
  • Offered With Property: Refrigerator, washer, dryer
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Serrano Summit
  • Association Fee: $239 (Monthly)
  • Second Association Name: Arieta & Covera
  • Second Association Fee: $178 (Monthly)
  • Association Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Clubhouse, Banquet Facilities, Maintenance Grounds, Call for Rules
  • Total Average Monthly Fee: $417
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Cordillera
  • Elementary School: CORDIL
  • 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: Other (OTHR)
  • Other Subdivision Name: Serrano Summit
  • Directions: Nearest major intersection is Bake Pkwy and Commercentre Drive
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Lake Forest Agent

Sale History for 421 Palermo

Last sold for $965,000 on November 22nd, 2021

  • October, 2021

  • Oct 15, 2021

    Date

    Coming Soon

    CRMLS: OC21226967

    $979,000

    Price

Tax History for 421 Palermo

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

421 Palermo sold on November 22, 2021 for 17.03% 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 $489.26 per/sqft which puts the price per square foot 23.55% lower than the current median sale per square foot for the city of Lake Forest.

About 421 Palermo

Detailed summary of property

421 Palermo is a condominium that recently sold in Lake Forest, CA 92630. This condo offered 4 bedrooms, 3.5 bathrooms, roughly 2,001 living square feet, and sits on an approximately 2,001 square foot lot. 421 Palermo was first listed on ArdentRealEstateGroup.com on October 15, 2021. The homeowner sold the property for $965,000. 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 17.03% lower than the current median priced home. Local homes that are currently for sale include 707 Trailblaze, 23881 Gates St and 606 White Oaks. This home does have a Homeowners Association and the monthly fee is $417 per month. While the average home in Lake Forest, CA is selling in 61 days, 421 Palermo has a days on market of 7 days. There are currently 178 homes for sale in the Lake Forest real estate market and 97 of them are single family homes while 72 of them are condos and 9 are townhomes. For more information on this home for sale at 421 Palermo 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 421 Palermo

Public county record property details
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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%)

Thinking of Selling?

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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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