426 Palermo, Lake Forest, CA 92630
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426 Palermo Lake Forest, CA 92630

$860,000 Sold Price as of 12/16/2021
  • 3 Beds
  • 3.5 Baths
  • 1,670 Sq.Ft.
Sold
$860,000 Sold Price as of 12/16/2021 Refinance Your Mortgage

Map preview of 426 Palermo, Lake Forest, CA 92630

Property Overview: 426 Palermo Lake Forest, CA has 3 bedrooms, 3.5 bathrooms, 1,670 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Gorgeous BRAND NEW HOME beautifully finished to enjoy immediately! A Rare NEW DREAM HOME opportunity in the picturesque community of Serrano Summit in Lake Forest. This gorgeous coveted Covera Plan 1 is Model-Home like and turnkey ready to move in. Savor your sunny open kitchen featuring a large entertaining island with slab countertops, stainless steel professional series range and hood, beautiful white shaker cabinets with quiet close cabinetry, beautiful designer tile backsplash with a patio off the kitchen to enjoy your morning coffee. The spacious sunny great room features LV light wood flooring, high ceilings and lots of natural light. First Floor enjoys one full size bedroom and spacious full bath room and on the upper floor features the primary spacious bedroom with gorgeous walk-in spa like shower, dual vanity sinks, walk in closet and more. The third bedroom enjoys an en-suite full bathroom. Attached 2 car garage with epoxy floors. Enjoy all BRAND NEW resort style pool and amenities with the Summit Club Clubhouse featuring recreation rooms, outdoor BBQ's, fireplaces with views to the Ocean, Enjoy large swimming pool, several parks and playgrounds. No Mello Roos! A Must See!

Listed by Kathryn Fleming | BRE #01473021 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: December 17th, 2021 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
--
HOA Dues
$403/mo
Year built
2021
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
OC21201048
City
Lake Forest
County
Orange
Time on Site
1102 days

Property Details for 426 Palermo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Family Room, Foyer, Kitchen, Laundry, Main Floor Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Granite Counters, High Ceilings, Open Floorplan
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Mountain(s), Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 111
  • Year Built Source: Builder
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Serrano Summit
  • Association Fee: $403 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Playground, Sport Court, Clubhouse, Recreation Room, Meeting Room
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Melinda Heights
  • Elementary School: MELHEI
  • 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
  • Other Subdivision Name: Serrano Summit- Covera
  • Directions: Take Bake Pkwy East Turn Rt on Commerce Center Dr., Rt on Serrano Summit Dr. Left on Olympus, Lft on Palisade, Rt on Alba, Rt on Palermo
Neighborhood Information
  • Community Features: Park, Mountainous, Sidewalks, Street Lights
View more facts & features

Local Lake Forest Agent

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Sale History for 426 Palermo

Last sold for $860,000 on December 16th, 2021
  • September, 2021

  • Sep 11, 2021

    Date

    Active

    CRMLS: OC21201048

    $875,000

    Price

Tax History for 426 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

426 Palermo sold on December 16, 2021 for 25.85% 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 $523.95 per/sqft which puts the price per square foot 18.13% lower than the current median sale per square foot for the city of Lake Forest.

About 426 Palermo

Detailed summary of property

426 Palermo is a condominium that recently sold in Lake Forest, CA 92630. This condo offered 3 bedrooms, 3.5 bathrooms, roughly 1,670 living square feet, and sits on an approximately -- square foot lot. 426 Palermo was first listed on ArdentRealEstateGroup.com on September 11, 2021. The homeowner sold the property for $860,000. 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 25.85% lower than the current median priced home. Local homes that are currently for sale include 606 White Oaks, 907 Sunset Rdg and 264 Borrego. This home does have a Homeowners Association and the monthly fee is $403 per month. While the average home in Lake Forest, CA is selling in 61 days, 426 Palermo has a days on market of 18 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 426 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 426 Palermo

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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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Related Resources to 426 Palermo

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.