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25532 Rapid Falls Road

25532 Rapid Falls Road, Laguna Hills, CA 92653
Sold Apr 11, 2022
$3,250,000
$850,000 by Pacific City Bank
Mortgage
Sold Jun 23, 1999
$1,175,000
$881,250 by First Capital Corp
Mortgage Due Jul 01, 2029
25532 Rapid Falls Road has been categorized by the local assessors in Laguna Hills, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 25532 Rapid Falls Road has 5,755 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,540 square feet.

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. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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, 25532 Rapid Falls Road sold most recently in Mar 30, 2022 for a total of $3,250,000. If you work out the math, that's approximately a cost of $564.73 per sqft. Before that, the property was also sold for $1,175,000 in Apr 16, 1999. 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 $33,962 in taxes each year. 25532 Rapid Falls Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,315,000. If we break it down further, the land itself was valued at $2,113,276. Improvements to the property, however, were assessed at a total of $1,201,724. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • 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: 23,540
  • Total Building Area: 5,755
  • Building Area: 5,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 9293
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 9293 BLK LOT 152

Ownership

  • Current Owner : GRACE FAMILY MEDICAL GROUP INC
  • Previous Owner : JOAN SIMPSON
  • Previous Owner 2: JOAN HEATHER
  • Owner Before Previous Owner: IGARASHI LAWRENCE Y
  • Owner Before Previous Owner 2: IGARASHI PATRICIA R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Saddleback Valley Unified School District
  • Census Tract: 042333

Geography

  • Assessors Map Reference: 29-A5
  • Subdivision Tract Number: 9293
  • Parcel: 636-151-14
  • Lot: 152
  • Latitude: 33.567
  • Longitude: -117.685

    Address

  • Full Address: 25532 Rapid Falls Rd
  • Address - House Number: 25532
  • Address - Street Name: Rapid Falls
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Laguna Hills
  • Carrier Code: C065
  • 4-Digit Zip Code: 5868
  • Zip Code: 92653

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,962
  • Tax Rate Code Area: 31-042

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,432,689
  • High Value: 4,104,390
  • Low Value: 2,760,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $850,000
  • 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: $3,315,000
  • Assessed Land Value: $2,113,276
  • Assessed Improvements Value: $1,201,724

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Transaction ID: 11884667062
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 138012
  • Previous Sale Recording Date: Jun 23, 1999
  • Previous Sale Contract Date: Apr 16, 1999
  • Previous Sale Amount: $1,175,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CITY BANK
  • First Mortgage Transaction Date: Apr 11, 2022
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL CORP
  • Previous Mortgage Transaction Date: Jun 23, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $881,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2029

About South Laguna Hills



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Frequently Asked Questions

What neighborhood is 25532 Rapid Falls Road located in?
The 25532 Rapid Falls Road is a located in the neighborhood of South Laguna Hills in South Laguna Hills, Laguna Hills.
What is the average sales price for listings in 25532 Rapid Falls Road?
The average sales price for units in 25532 Rapid Falls Road is $0 currently.

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