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25022 Wandering Lane

25022 Wandering Lane, Lake Forest, CA 92630
Property in The Woods
Sold Oct 25, 2016
$798,000
$570,675 by Cardinal Financial Company Lp
Mortgage Due Jan 01, 2051
Sold Mar 18, 2002
$418,000
$334,400 by Ocean West Enterprises Inc
Mortgage Due Apr 01, 2032
25022 Wandering Lane in Lake Forest, CA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 25022 Wandering Lane has 2,598 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 540 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 9,271 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 712 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 excellent. The exterior walls of the home are made of wood siding. 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, 25022 Wandering Lane was last sold in Sep 27, 2016 for $798,000. According to our calculations, that's $307.16 per sqft. Prior to that sales transaction, the property was sold for $418,000 in Jan 24, 2002. Current property owners are expected to pay $9,330 in taxes per year. The property on 25022 Wandering Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $890,182. To break that down further, the land itself was valued at $697,309. While improvements to the property were assessed at a total of $192,873. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • 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: 712
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,271
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,598
  • Gross Building Area: 3,310
  • Building Area: 2,598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,598
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST SHADOWS
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 7708 BLK LOT 36

Ownership

  • Current Owner : NELSON CHRISTOPHER
  • Current Owner 2: NELSON MILENA
  • Previous Owner : HOLLAND THOMAS G
  • Previous Owner 2: HOLLAND MELISSA A
  • Owner Before Previous Owner: GALAS DAVID J A
  • Owner Before Previous Owner 2: GALAS KRISTI A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 29-F2
  • Subdivision Tract Number: 7708
  • Parcel: 614-412-09
  • Lot: 36
  • Latitude: 33.6395
  • Longitude: -117.693

    Address

  • Full Address: 25022 Wandering Ln
  • Address - House Number: 25022
  • Address - Street Name: Wandering
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Forest
  • Carrier Code: C044
  • 4-Digit Zip Code: 3344
  • Zip Code: 92630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,330
  • Tax Rate Code Area: 30-015

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,449,992
  • High Value: 1,706,018
  • Low Value: 1,193,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,675
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $570,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $890,182
  • Assessed Land Value: $697,309
  • Assessed Improvements Value: $192,873

    Sales

  • Current Sale Contract Date: Sep 27, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1837852507
  • Current Sale Price: $798,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016000524675
  • Previous Sale Recording Date: Mar 18, 2002
  • Previous Sale Contract Date: Jan 24, 2002
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $619,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: OCEAN WEST ENTERPRISES INC
  • Previous Mortgage Transaction Date: Mar 18, 2002
  • Previous Mortgage Loan Amount: $334,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2032

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Frequently Asked Questions

What neighborhood is 25022 Wandering Lane located in?
The 25022 Wandering Lane is a located in the neighborhood of The Woods in Lake Forest, Lake Forest.
What is the average sales price for listings in 25022 Wandering Lane?
The average sales price for units in 25022 Wandering Lane is $0 currently.

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