NOT LISTED FOR SALE

22738 Madrid Dr Lake Forest, CA 92630

Estimated Value: $648,000 - $748,000

3 Beds
2 Baths
1,037 Sq Ft
$495/mo HOA Fee

Last Sold June 13, 2024

Last sale price $683,000 $659 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,629/month

11 Days on Market

Highlights

  • Main Floor Bedroom
  • End Unit
  • Community Pool
  • Serrano Intermediate School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2024

Step into this delightful three-bedroom, two-bathroom end unit condominium located in the serene Rancho Viejo complex in Lake Forest. Positioned conveniently on the ground level, this condo has no one above or below them. Upon entry, natural light floods the inviting living room, complemented by a convenient downstairs bathroom. The living space seamlessly flows into a well-appointed kitchen and dining area. Sliding glass doors off the dining space lead to your own secluded patio, perfect for hosting gatherings or unwinding after a busy day. Inside, discover a laundry room with built-in shelving. Down the hall you will discover three generously sized bedrooms along with 2 bathrooms. The meticulously manicured grounds, overseen by the HOA, provide amenities such as access to the community pool, spa, and outdoor grass areas. Conveniently located within the Rancho Viejo community, this condo is less than a mile from golf, shopping, dining, and entertainment options, with easy freeway access

Last Agent to Sell the Property

Brenden Felix

Brenden Felix Brokerage Email: brendenfelix@yahoo.com License #01978635 Listed on: 05/07/2024

Co-Listed By

Daniel Gutierrez

Allview Real Estate Brokerage Email: brendenfelix@yahoo.com License #02047363

Last Buyer's Agent

Daniel Greve

Coldwell Banker Realty License #01338265

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Serrano Intermediate

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7056
  • Assessor Parcel Number 93343073
  • $26 per year additional tax assessments

Community Details

Overview

  • 150 Units
  • Rancho Viejo Association, Phone Number (949) 330-6350
  • Platinum Management Group HOA
  • Rancho Viejo Condos I Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Rancho Viejo Condos I (RV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93343073
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1037.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 658.63
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash
  • Association Fee: 495.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Viejo
  • Phone: 9493306350
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Platinum Management Group

Schools

  • Middle Or Junior School: Serrano Intermediate

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.63277400

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150
  • Number Of Units Total: 150

Tax Info

  • Tax Census Tract: 524.16
  • Tax Lot: 1
  • Tax Tract Number: 7056
  • TaxOtherAnnualAssessmentAmount: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 17, 2024
Sold by
Donna L Rinehart Trust and Harper-Smith Jennifer
Bought by
Rogers Timothy James and Rogers Joanna
Seller's Agent
Brenden Felix
Brenden Felix
Buyer's Agent
Daniel Greve
Coldwell Banker Realty
List Price
$659,900
Sold Price
$683,000
Premium/Discount to List
$23,100
3.5%
Views
59
Current Estimated Value
$689,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,977
Avg. Annual Appreciation
0.61%
Original Mortgage
$236,000
Outstanding Balance
$232,899
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$457,078

Purchase Details

Closed on
Jun 14, 2000
Sold by
Lee Rinehart Donna and Lee Donna
Bought by
Rinehart Donna L and Donna L Rinehart Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rogers Timothy James $686,000 Orange Coast Title Company
Rinehart Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Timothy James $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $683,000 +3.5% $659 / Sq Ft
05/07/2024 05/07/24 For Sale $659,900 -- $636 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,618 $699,720 $611,425 $88,295
2024 $6,618 $627,300 $545,457 $81,843
2023 $710 $73,812 $35,353 $38,459
2022 $696 $72,365 $34,660 $37,705
2021 $681 $70,947 $33,981 $36,966
2020 $674 $70,220 $33,633 $36,587
2019 $659 $68,844 $32,974 $35,870
2018 $646 $67,495 $32,328 $35,167
2017 $631 $66,172 $31,694 $34,478
2016 $620 $64,875 $31,073 $33,802
2015 $611 $63,901 $30,606 $33,295
2014 $596 $62,650 $30,007 $32,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24091282

California Regional Multiple Listing Service (CRMLS)

APN: 933-430-73

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