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11 Macatera

11 Macatera, Lake Forest, CA 92630
Sold Aug 18, 2023
$2,060,000
$1,310,000 by Citibank, Na
Mortgage Due Sep 01, 2053
Sold Oct 19, 2018
$1,625,000
Buyer
$10,566,250 by Sterling Bank & Trust Fsb
Mortgage Due Nov 01, 2048
11 Macatera has been categorized by the local assessors in Lake Forest, CA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. In addition, 11 Macatera has 2,822 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,605 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 450 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Macatera sold most recently in Jul 18, 2023 for a total of $2,060,000. If you work out the math, that's approximately a cost of $729.98 per sqft. Before that, the property was also sold for $1,625,000 in Sep 25, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,386 in taxes each year. The initial year of tax delinquency occurred in 2019. 11 Macatera was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,742,327. If we break it down further, the land itself was valued at $1,056,724. Improvements to the property, however, were assessed at a total of $685,603. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,605
  • Total Building Area: 2,822
  • Building Area: 2,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 17540
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17540 BLK LOT 57

Ownership

  • Current Owner : SHAN AND YU FAMILY TRUST
  • Current Owner 2: SHAN
  • Previous Owner : CHEN HUI
  • Owner Before Previous Owner: TOLL CA VII LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 052422

Geography

  • Subdivision Tract Number: 17540
  • Parcel: 610-651-57
  • Lot: 57
  • Latitude: 33.6771
  • Longitude: -117.683

    Address

  • Full Address: 11 Macatera
  • Address - House Number: 11
  • Address - Street Name: Macatera
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C064
  • 4-Digit Zip Code: 1463
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,386
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 30-180

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,982,516
  • High Value: 2,389,761
  • Low Value: 1,575,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,310,000
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Aug 18, 2023
  • First Open Lien Mortgage Loan Amount: $1,310,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,742,327
  • Assessed Land Value: $1,056,724
  • Assessed Improvements Value: $685,603

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Transaction ID: 11911463248
  • Current Sale Price: $2,060,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 202267
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Sep 25, 2018
  • Previous Sale Amount: $1,625,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Aug 18, 2023
  • First Mortgage Loan Amount: $1,310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: STERLING BANK & TRUST FSB
  • Previous Mortgage Transaction Date: Oct 19, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $10,566,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 11 Macatera located in?
The 11 Macatera is a located in the neighborhood of Orange County Great Park in Orange County Great Park, Lake Forest.
What is the average sales price for listings in 11 Macatera?
The average sales price for units in 11 Macatera is $0 currently.

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