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21812 Michigan Lane

21812 Michigan Lane, Lake Forest, CA 92630
Property in Lake Forest Keys
Sold Sep 19, 2023
$3,150,000
Sold Sep 30, 2021
$999,000
$1,392,000 by Arixa Enhanced Income Fund Lp
Mortgage
21812 Michigan Lane in Lake Forest, CA was first built in 1974 and is 50 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 21812 Michigan Lane has 2,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 3,600 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 460 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 21812 Michigan Lane was last sold in Sep 11, 2023 for $3,150,000. According to our calculations, that's $1,544.12 per sqft. Prior to that sales transaction, the property was sold for $999,000 in Jul 23, 2021. Current property owners are expected to pay $9,993 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 21812 Michigan Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $950,310. To break that down further, the land itself was valued at $867,031. While improvements to the property were assessed at a total of $83,279. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,040
  • Gross Building Area: 2,500
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 7197
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 7197 BLK LOT 360

Ownership

  • Current Owner : RANDALL R SPOHN FAMILY TRUST
  • Current Owner 2: SPOHN
  • Previous Owner : MICROGALAXY LLC
  • Owner Before Previous Owner: LOPEZ JOSEFINA
  • Owner Before Previous Owner 2: LOPEZ JOSEFINA SEPARATE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 052408

Geography

  • Assessors Map Reference: 29-D1
  • Subdivision Tract Number: 7197
  • Parcel: 614-198-43
  • Lot: 360
  • Latitude: 33.6458
  • Longitude: -117.707

    Address

  • Full Address: 21812 Michigan Ln
  • Address - House Number: 21812
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C011
  • 4-Digit Zip Code: 1911
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,993
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 30-015

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,414,688
  • High Value: 1,705,291
  • Low Value: 1,124,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,310
  • Assessed Land Value: $867,031
  • Assessed Improvements Value: $83,279

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Transaction ID: 11913423970
  • Current Sale Price: $3,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 228342
  • Previous Sale Recording Date: Sep 30, 2021
  • Previous Sale Contract Date: Jul 23, 2021
  • Previous Sale Amount: $999,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARIXA ENHANCED INCOME FUND LP
  • Previous Mortgage Transaction Date: Sep 30, 2021
  • Previous Mortgage Loan Amount: $1,392,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lake Forest



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Frequently Asked Questions

What neighborhood is 21812 Michigan Lane located in?
The 21812 Michigan Lane is a located in the neighborhood of Lake Forest Keys in Lake Forest, Lake Forest.
What is the average sales price for listings in 21812 Michigan Lane?
The average sales price for units in 21812 Michigan Lane is $0 currently.

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