NOT LISTED FOR SALE

22703 Malaga Way Lake Forest, CA 92630

Estimated Value: $555,520 - $770,000

2 Beds
1.5 Baths
1,022 Sq Ft
$607/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $301,000 $295 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,884/month

34 Days on Market

Highlights

  • Private Pool
  • Private Yard
  • Laundry Room
  • Serrano Intermediate School Rated A-
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2014

This private two-story town-home has no one above or below and has an attached garage for easy access. Beautifully remodeled family sized kitchen with granite countertops and remodeled bathrooms. This home features two spacious bedrooms, a large private patio, and an interior pantry/laundry room that can accommodate full size appliances. This unit is located in the rear of the complex and just steps to the association pool/spa. Must see!

Last Agent to Sell the Property

Kandi Larco

Keller Williams Realty License #01150419 Listed on: 01/08/2014

Keller Williams Realty

Co-Listed By

Natalia Charron

Liana Goffman, Broker License #01868498

Last Buyer's Agent

Deborah Quechenberger

First Team Real Estate License #01743296

First Team Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • Private Yard

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,022 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 16
  • Tax Tract Number 7056
  • Assessor Parcel Number 93343063

Community Details

Overview

  • 100 Units
  • Rancho Viejo Condos II (Rv2) Association, Phone Number (949) 249-5552

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,816

Year Built

Built in 1974

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Rancho Viejo Condos II (RV2)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93343063
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1022.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 294.52
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 288.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Viejo Condos II (RV2)
  • Phone: 949-249-5552
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Lot Features: Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Block: 16
  • Tax Lot: 1
  • Tax Tract Number: 7056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 26, 2014
Sold by
Walia Dhruv and Walia Puja
Bought by
Landau Eric
Seller's Agent
Kandi Larco
Keller Williams Realty
Buyer's Agent
Deborah Quechenberger
First Team Real Estate
List Price
$309,900
Sold Price
$301,000
Premium/Discount to List
-$8,900
-2.87%
Current Estimated Value
$620,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,130
Avg. Annual Appreciation
6.42%
Original Mortgage
$225,750
Outstanding Balance
$170,785
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$449,345

Purchase Details

Closed on
May 4, 2010
Sold by
Wertel Kevin J
Bought by
Walia Dhruv and Walia Puja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,612
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2001
Sold by
Snyder Scott L and Snyder Suzanne M
Bought by
Wertel Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,618
Interest Rate
6.57%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 1997
Sold by
Breaux Dana R and Breaux Jeanette M
Bought by
Snyder Scott L and Snyder Suzanne M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Landau Eric $301,000 First American Title Co
Walia Dhruv $225,000 Ticor Title Tustin Orange Co
Wertel Kevin J $186,000 New Century Title Company
Snyder Scott L -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landau Eric $225,750
Previous Owner Walia Dhruv $209,612
Previous Owner Wertel Kevin J $189,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $301,000 -2.9% $295 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $309,900 -- $303 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,816 $368,977 $295,044 $73,933
2024 $3,816 $361,743 $289,259 $72,484
2023 $3,726 $354,650 $283,587 $71,063
2022 $3,660 $347,697 $278,027 $69,670
2021 $3,587 $340,880 $272,576 $68,304
2020 $3,555 $337,385 $269,781 $67,604
2019 $3,485 $330,770 $264,491 $66,279
2018 $3,420 $324,285 $259,305 $64,980
2017 $3,352 $317,927 $254,221 $63,706
2016 $3,296 $311,694 $249,237 $62,457
2015 $3,256 $307,013 $245,494 $61,519
2014 $2,507 $236,921 $176,890 $60,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14010851

California Regional Multiple Listing Service (CRMLS)

APN: 933-430-63