24106 Elrond Lane

24106 Elrond Lane in Lake Forest, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 24106 Elrond Lane has 945 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 510 ft and the linear feet between the front and back of the lot is 910. In total, the area measurement of the land is 4,641 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. As for heating, the home is utilizing a heating system. 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, 24106 Elrond Lane sold most recently in Sep 22, 2022 for a total of $775,000. If you work out the math, that's approximately a cost of $820.11 per sqft. Before that, the property was also sold for $565,000 in Jan 30, 2019. 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 $8,153 in taxes each year. 24106 Elrond Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $775,000. If we break it down further, the land itself was valued at $703,821. Improvements to the property, however, were assessed at a total of $71,179. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.