$241,500
SOLD AUG 20, 2012

22708 Madrid Dr Lake Forest, CA 92630

3 Beds
2 Baths
1,033 Sq Ft
$280/mo HOA Fee

Recently Sold

$234 Per Sq Ft

10% Above List Price

44 Days on Market

Highlights

  • Spa
  • Spanish Architecture
  • Breakfast Area or Nook
  • Serrano Intermediate School Rated A-
  • Sport Court
  • Fireplace

About This Home

As of January 2021

Spacious lower level, single story Lake Forest condo. 3 Bedrooms, 2 Baths with detached one car garage. New interior paint, new carpet, and new appliances. Large living room. In-unit laundry closet, charming patio off dining area. Well maintained grounds with pool, spa, and lots of guest parking.

Last Agent to Sell the Property

Meredith Lancona

Vernazza Realty Inc License #01415935 Listed on: 06/18/2012

Last Buyer's Agent

Nicole Christopherson

eXp Realty of California License #01443951

eXp Realty of California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1974

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Spanish Architecture
  • Brick Exterior Construction
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,033 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 1 / 15
  • Tax Tract Number 7056
  • Assessor Parcel Number 93343057

Community Details

Overview

  • Association Phone (949) 249-5552

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,206

Year Built

Built in 1974

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-257-9480
  • Property Attached: Yes
  • Subdivision Name Other: Rancho Viejo Condos I
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93343057
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1033.00
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Entry Location: Living Room,Ground Level
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Kitchen
  • Levels: One
  • Price Per Square Foot: 233.79
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Cooking, Gas Cooking, Range
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sport Court
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Phone: 949-249-5552
  • Senior Community: No

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Block: 15
  • Tax Lot: 1
  • Tax Model: A
  • Tax Tract Number: 7056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
3535 W Garry Llc
Bought by
Hegemark Fund I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,915
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$543,712

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 11, 2021
Sold by
Canning Melanie Semon and Melanie Semon Canning Living T
Bought by
3535 W Garry Llc
Seller's Agent
Nicole Christopherson
eXp Realty of California
Buyer's Agent
Isaac Bowser
HomeSmart, Evergreen Realty
List Price
$445,000
Sold Price
$465,000
Premium/Discount to List
$20,000
4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jun 6, 2016
Sold by
Canning Damian
Bought by
Canning Melanie Semon
Seller's Agent
Nicole Christopherson
eXp Realty of California
Buyer's Agent
Nicole Christopherson
eXp Realty of California
Sold Price
$2,250

Purchase Details

Listed on
Jun 18, 2012
Closed on
Aug 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Semon Melanie
Seller's Agent
Meredith Lancona
Vernazza Realty Inc
Buyer's Agent
Nicole Christopherson
eXp Realty of California
List Price
$219,900
Sold Price
$241,500
Premium/Discount to List
$21,600
9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$234,255
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Moreno Mario
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 5, 2005
Sold by
Moreno Salomon and Moreno Mario
Bought by
Moreno Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
Moreno Salomon and Moreno Mario
Bought by
Moreno Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Moreno Salomon
Bought by
Moreno Salomon and Moreno Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Doris Baker
Bought by
Moreno Salomon and Moreno Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
8.09%

Purchase Details

Closed on
Sep 24, 1998
Sold by
Baker Doris Rae
Bought by
Baker Doris R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,893
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 1996
Sold by
Leonel Garcia
Bought by
Dodge Doris B and Baker Doris Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,450
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1994
Sold by
Sumrall Charlton D and Sumrall Shirley A
Bought by
Garcia Leonel Benitez and Garcia Patsy Ann
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $530,000 Lawyers Title
Grant Deed $465,000 North American Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Grant Deed $241,500 Lawyers Title Company
Trustee Deed $323,177 Landsafe Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $152,000 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Grant Deed $99,000 Fidelity National Title Ins
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $234,255 New Conventional
Previous Owner $305,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $233,000 New Conventional
Previous Owner $206,000 Purchase Money Mortgage
Previous Owner $153,000 No Value Available
Previous Owner $147,400 No Value Available
Previous Owner $22,864 Stand Alone Second
Previous Owner $94,893 FHA
Previous Owner $96,450 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 For Sale $639,900 +37.6% $617 / Sq Ft
01/12/2021 01/12/21 Sold $465,000 +4.5% $448 / Sq Ft
01/05/2021 01/05/21 For Sale $445,000 -4.3% $429 / Sq Ft
01/03/2021 01/03/21 Off Market $465,000 -- --
12/30/2020 12/30/20 For Sale $445,000 0.0% $429 / Sq Ft
07/22/2016 07/22/16 Rented $2,250 0.0% --
07/06/2016 07/06/16 For Rent $2,250 0.0% --
08/20/2012 08/20/12 Sold $241,500 +9.8% $234 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $219,900 -- $213 / 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
2024 $5,206 $493,461 $418,176 $75,285
2023 $5,084 $483,786 $409,977 $73,809
2022 $4,993 $474,300 $401,938 $72,362
2021 $2,890 $274,739 $204,666 $70,073
2020 $2,864 $271,922 $202,567 $69,355
2019 $2,807 $266,591 $198,595 $67,996
2018 $2,755 $261,364 $194,701 $66,663
2017 $2,700 $256,240 $190,884 $65,356
2016 $2,656 $251,216 $187,141 $64,075
2015 $2,623 $247,443 $184,330 $63,113
2014 $2,567 $242,596 $180,719 $61,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S701969

California Regional Multiple Listing Service (CRMLS)

APN: 933-430-57