470 Palermo Way, Lake Forest, CA 90631
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470 Palermo Way Lake Forest, CA 90631

$4,250 Leased Price as of 02/11/2022
  • 3 Beds
  • 3.5 Baths
  • 1,812 Sq.Ft.
Leased
$4,250 Leased Price as of 02/11/2022 Refinance Your Mortgage

Map preview of 470 Palermo Way, Lake Forest, CA 90631

Property Overview: 470 Palermo Way Lake Forest, CA has 3 bedrooms, 3.5 bathrooms, 1,812 living square feet and 6,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Enjoy City and Mountain Views from this Brand New, End unit Town Home. Be the first to live in this Covera Plan 2, Serrano Summit home with 3 bedrooms and 3.5 baths. With a spacious 2 bay, attached garage, feel safe and secure as you enter directly into your home. A first and second level patio/deck allow you to enjoy the Panoramic Views from this unit. The first floor has an en suite bedroom, perfect for an office, guestroom, or 3rd bedroom. The second level is a free-flowing living area featuring an open great room, dining room, outdoor deck, and gourmet kitchen with modern shaker cabinets along with stainless steel appliances, and a gourmet granite counter top center island. The high ceilings, windows, views and deck give a "loft" feel to this spacious living area. The master suites has its' own luxurious master bathroom, large walk-in closet and views from every window. The second, third floor bedroom is also en suite. Located in the Serrano Summit community, amenities include a swimming pool, pickle ball courts, club house, BBQ area, quiet reading room and party rooms. Uniquely located in the heart of the Lake forest Financial District, this beautiful three-level condo is just minutes away from Irvine Spectrum Center, UCI, and foothill shopping plazas. The best choice for students and people working close by. You can see the view of city of Irvine and Lake forest from all three levels. Welcome to Lake forest brand new Resort-Style community, Serrano Summit!

Listed by Julie Shafii | BRE #01963052 | Surterre Properties Inc.
Last checked: 12 minutes ago | Last updated: February 13th, 2022 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
6,300
HOA Dues
$0/mo
Year built
2021
Garage
2 Car
Property Type:
Condominium
Status
Leased
MLS#
NP21256562
City
Lake Forest
County
Orange
Time on Site
862 days

Property Details for 470 Palermo Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Flooring: Carpet, Vinyl
  • Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Granite Counters, Kitchen Island, Self-closing cabinet doors, Self-closing drawers, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Granite Counters, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System
Exterior Features
Exterior Information
  • Has Fence
  • Stucco Wall
  • Has Spa
  • Spa Features: Association
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 135
  • Parcel Number: 30327426
  • Year Built Source: Builder
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Pickleball, Pool, Spa/Hot Tub, Dog Park, Clubhouse
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Schools
School Information
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Serrano Park III (SP3)
  • Directions: From the 65 Freeway, exit north on Bake, Proceed 2.5 miles to Commercenter, turn right. Go to the next signal and turn right into Serrano Summit.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Suburban, Valley
View more facts & features

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Sale History for 470 Palermo Way

Last leased for $4,250 on February 11th, 2022
  • February, 2022

  • Feb 11, 2022

    Date

    Leased

    CRMLS: NP21256562

    $4,250

    Price

  • Dec 9, 2021

    Date

    Active

    CRMLS: NP21256562

    $4,250

    Price

Tax History for 470 Palermo Way

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

470 Palermo Way has recently been leased 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 $1,299,000. The median price per/sqft for Lake Forest is $656. 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 $259,800 for the down payment and will need roughly $25,980 for closing costs on top of the down payment.

About 470 Palermo Way

Detailed summary of property

470 Palermo Way is a condominium that was recently leased in Lake Forest, CA 90631. This condo offered 3 bedrooms, 3.5 bathrooms, roughly 1,812 living square feet, and sits on an approximately 6,300 square foot lot. 470 Palermo Way was first listed on ArdentRealEstateGroup.com on December 9, 2021. The homeowner leased the property for $4,250. While the average home in Lake Forest, CA is selling in 54 days, 470 Palermo Way has a days on market of 64 days. There are currently 129 homes for sale in the Lake Forest real estate market and 85 of them are single family homes while 38 of them are condos and 6 are townhomes. Local homes that are currently for sale include 21371 Avenida Manantial, 333 Laurel and 24252 Palmek. For more information on this home for lease at 470 Palermo Way Lake Forest, CA 90631 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Forest agents.

Public Facts for 470 Palermo Way

Public county record property details
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Baths
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Year built
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Sq. Ft.
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Pool
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The source for these homes facts are from public records.

90631 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$875,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$842,000
Median Sold Price/Sq.Ft.
$545
Total Inventory
107
Median Sale to List Price %
102.06%
Avg Days on Market
25
Loan Type
Conventional (63.89%), FHA (5.56%), VA (2.78%), Cash (16.67%), Other (8.33%)

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Related Resources to 470 Palermo Way

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.