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17 Caspian

17 Caspian, Lake Forest, CA 92630
Property in Baker Ranch
Sold Oct 19, 2017
$1,375,000
$893,400 by Sterling Bank & Trust Fsb
Mortgage Due Nov 01, 2047
Local assessors in Lake Forest, CA have categorized 17 Caspian as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 5,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 17 Caspian has a total of 3,413 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 649 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 17 Caspian was last sold in Oct 2, 2017 for $1,375,000. According to our calculations, that's $402.87 per sqft. Current property owners are expected to pay $15,746 in taxes per year. The property on 17 Caspian was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,503,215. To break that down further, the land itself was valued at $814,991. While improvements to the property were assessed at a total of $688,224. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 649
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,413
  • Building Area: 3,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,413
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 17534
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17534 BLK LOT 32

Ownership

  • Current Owner : LI YAN BIN
  • Current Owner 2: TIAN JIN
  • Previous Owner : TOLL CA VII LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Subdivision Tract Number: 17534
  • Parcel: 610-572-18
  • Lot: 32
  • Latitude: 33.6717
  • Longitude: -117.68

    Address

  • Full Address: 17 Caspian
  • Address - House Number: 17
  • Address - Street Name: Caspian
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C064
  • 4-Digit Zip Code: 1468
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,746
  • Tax Rate Code Area: 30-194

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,064,403
  • High Value: 2,488,469
  • Low Value: 1,640,337

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,991,400
  • First Open Lien Mortgage Lender: STERLING BANK & TRUST FSB
  • First Open Lien Mortgage Recording Date: Oct 19, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $893,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047
  • Second Open Lien Mortgage Lender: EAST WEST BANK
  • Second Open Lien Mortgage Recording Date: Feb 22, 2022
  • Second Open Lien Mortgage Loan Amount: $1,098,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,503,215
  • Assessed Land Value: $814,991
  • Assessed Improvements Value: $688,224

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2017
  • Current Sale Recording Date: Oct 19, 2017
  • Current Sale Transaction ID: 1397516794
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017000444234

    Last Sale Mortgage

  • First Mortgage Lender: STERLING BANK & TRUST FSB
  • First Mortgage Transaction Date: Oct 19, 2017
  • First Mortgage Loan Amount: $893,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 17 Caspian located in?
The 17 Caspian is a located in the neighborhood of Baker Ranch in Baker Ranch, Lake Forest.
What is the average sales price for listings in 17 Caspian?
The average sales price for units in 17 Caspian is $0 currently.

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