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21985 Trailway Lane

21985 Trailway Lane, Lake Forest, CA 92630
Property in The Woods
Sold Aug 14, 1998
$285,500
$374,000 by First Banc Home Mortgage Inc
Mortgage Due Feb 01, 2033
21985 Trailway Lane 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 1976 and is 48 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 21985 Trailway Lane has 2,728 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,630 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

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 630 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 16, 1998 for $285,500. That's $104.66 per sqft. 21985 Trailway Lane was last assessed in 2023. The total value of the property was assessed at $430,194. Specifically, the land the property is located on was valued at $206,761. While improvements on the property were assessed at a total of $223,433. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,411. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,630
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,728
  • Gross Building Area: 3,358
  • Building Area: 2,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 8790 BLK LOT 59

Ownership

  • Current Owner : BARIKHAN AMER
  • Current Owner 2: YOUNG BARIKHAN JACQUELINE D
  • Previous Owner : CABRAL CARLOS J
  • Previous Owner 2: CABRAL ROBYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 052415

Geography

  • Assessors Map Reference: 29-F2
  • Subdivision Tract Number: 8790
  • Parcel: 614-391-59
  • Lot: 59
  • Latitude: 33.6434
  • Longitude: -117.693

    Address

  • Full Address: 21985 Trailway Ln
  • Address - House Number: 21985
  • Address - Street Name: Trailway
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C009
  • 4-Digit Zip Code: 3435
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,411
  • Tax Rate Code Area: 30-015

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,361,026
  • High Value: 1,601,344
  • Low Value: 1,120,709

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $391,343
  • First Open Lien Mortgage Lender: FIRST BANC HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 31, 2003
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $374,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2033
  • Second Open Lien Mortgage Lender: CALHFA MORTGAGE ASSISTANCE COR
  • Second Open Lien Mortgage Recording Date: Jul 10, 2012
  • Second Open Lien Mortgage Loan Amount: $17,343
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,194
  • Assessed Land Value: $206,761
  • Assessed Improvements Value: $223,433

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 1998
  • Current Sale Recording Date: Aug 14, 1998
  • Current Sale Transaction ID: 1166173508
  • Current Sale Price: $285,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19980535365

    Last Sale Mortgage

  • First Mortgage Lender: EMB MTG CORP
  • First Mortgage Transaction Date: Aug 14, 1998
  • First Mortgage Loan Amount: $256,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 21985 Trailway Lane located in?
The 21985 Trailway Lane is a located in the neighborhood of The Woods in Lake Forest, Lake Forest.
What is the average sales price for listings in 21985 Trailway Lane?
The average sales price for units in 21985 Trailway Lane is $0 currently.

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