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24418 Overlake Lane

24418 Overlake Lane, Lake Forest, CA 92630
House in Lake Forest
Sold Jan 23, 2019
$900,000
$115,000 by Val-chris Investments, Inc.
Mortgage
Local assessors in Lake Forest, CA have categorized 24418 Overlake Lane as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 3,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 300 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24418 Overlake Lane has a total of 2,367 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 451 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a heating system is the primary heating source. 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, 24418 Overlake Lane sold most recently in Dec 6, 2018 for a total of $900,000. If you work out the math, that's approximately a cost of $380.23 per sqft. 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 $10,128 in taxes each year. The initial year of tax delinquency occurred in 2019. 24418 Overlake Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $964,981. If we break it down further, the land itself was valued at $810,398. Improvements to the property, however, were assessed at a total of $154,583. 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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,367
  • Gross Building Area: 2,818
  • Building Area: 2,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,367
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 6654 BLK LOT 187 TR 6654 LOT 187 AND UND 1/13 INT IN LOT Z AND UND

Ownership

  • Current Owner : MERSEDEH BANEH PAYAM YOUNESI
  • Current Owner 2: MERSEDEH NOPOUR
  • Previous Owner : BORDERS FRED C
  • Previous Owner 2: BORDERS SHARON GAYLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 052410

Geography

  • Assessors Map Reference: 29-E3
  • Subdivision Tract Number: 6654
  • Parcel: 617-284-15
  • Lot: 187,Z
  • Latitude: 33.6337
  • Longitude: -117.705

    Address

  • Full Address: 24418 Overlake Ln
  • Address - House Number: 24418
  • Address - Street Name: Overlake
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C013
  • 4-Digit Zip Code: 3046
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,128
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 30-015

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 1,298,770
  • High Value: 1,519,636
  • Low Value: 1,077,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,000
  • First Open Lien Mortgage Lender: VAL-CHRIS INVESTMENTS, INC.
  • First Open Lien Mortgage Recording Date: May 12, 2023
  • First Open Lien Mortgage Loan Amount: $115,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $964,981
  • Assessed Land Value: $810,398
  • Assessed Improvements Value: $154,583

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Transaction ID: 11562208120
  • Current Sale Price: $900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000022197

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FIRST LENDING CORP
  • First Mortgage Transaction Date: Jan 23, 2019
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 24418 Overlake Lane located in?
The 24418 Overlake Lane is a house located in the neighborhood of Lake Forest in Lake Forest, Lake Forest.
What is the average sales price for listings in 24418 Overlake Lane?
The average sales price for units in 24418 Overlake Lane is $0 currently.

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