NOT LISTED FOR SALE

22748 Malaga Way Lake Forest, CA 92630

Estimated Value: $600,000 - $659,000

3 Beds
2 Baths
1,037 Sq Ft
$300/mo HOA Fee

Last Sold August 26, 2016

Last sale price $410,000 $395 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,977/month

33 Days on Market

Highlights

  • In Ground Pool
  • Granite Countertops
  • Family Room Off Kitchen
  • Serrano Intermediate School Rated A-
  • Neighborhood Views
  • 4-minute walk to Ranchwood Park

About This Home

As of August 2016

Rancho Viejo Very Private Single Level End Unit - One Car Garage with Room for Storage - NO ONE ON THREE SIDES OF YOU. Updated with Recessed Lighting, Remodeled Bathrooms, Newer Stove and New Microwave. Inside Laundry Area for Full Size Washer/Dryer. Wonderful Side Yard To Enjoy Year Around With Covered Patio and Area for Garden or Grass. Minutes to Shopping Schools & Entertainment. Condo was just appraised for it's current list price. Available upon request

Last Agent to Sell the Property

Kim Hancock

Realty ONE Group West License #01310652 Listed on: 06/13/2016

Realty ONE Group West

Last Buyer's Agent

Kevin Hill

Berkshire Hathaway HomeService License #00866218

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1974

Lot Details

  • 1 Common Wall
  • East Facing Home
  • Garden

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Patio Home
  • Clay Roof

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Family Room Off Kitchen
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Fireplace in Patio
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7056
  • Assessor Parcel Number 93343041

Community Details

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,850

Year Built

Built in 1974

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93343041
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1037.00
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Patio
  • Levels: One
  • Price Per Square Foot: 395.37
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Neighborhood
  • Patio And Porch Features: Concrete
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Clay

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Patio Home

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 26, 2016
Sold by
Gain Ray Reza
Bought by
Chaney John P and Chaney Hope M
Seller's Agent
Kim Hancock
Realty ONE Group West
Buyer's Agent
Kevin Hill
Berkshire Hathaway HomeService
List Price
$416,000
Sold Price
$410,000
Premium/Discount to List
-$6,000
-1.44%
Current Estimated Value
$619,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,058
Avg. Annual Appreciation
4.61%
Original Mortgage
$225,000
Outstanding Balance
$179,524
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$439,534

Purchase Details

Closed on
Apr 7, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 29, 2008
Sold by
Kord Nahid
Bought by
Gain Ray Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Gain Ray Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2008
Sold by
Figueroa Jose and Hernandez Esperanza
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 10, 2006
Sold by
Xelha Enterprises Inc
Bought by
Cadena Eric

Purchase Details

Closed on
Jun 6, 2005
Sold by
Figueroa Jose and Hernandez Esperanza
Bought by
Xelha Enterprises Inc

Purchase Details

Closed on
Apr 6, 2004
Sold by
Peyton Mabel L
Bought by
Figueroa Jose and Hernandez Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 1998
Sold by
Peyton Mabel L
Bought by
Peyton Mabel L and Harness Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 31, 1998
Sold by
Wade J Peyton Mabel L
Bought by
Peyton Mabel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 25, 1994
Sold by
Peyton Mabel L
Bought by
Peyton Mabel L and Blomberg Wade J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.8%
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
Chaney John P $410,000 Chicago Title Company
Federal National Mortgage Association -- Lsi Title Company
Gain Ray Reza -- First American Title Ins Co
Gain Ray Reza $250,000 First American Title Ins Co
Jpmorgan Chase Bank Na $401,879 National Title Insurance Com
Cadena Eric -- Accommodation
Xelha Enterprises Inc -- --
Figueroa Jose $365,000 Ticor Title Co
Peyton Mabel L -- Ticor Title Co
Peyton Mabel L -- Commonwealth Land Title Co
Peyton Mabel L -- Commonwealth Land Title
Peyton Mabel L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaney John P $225,000
Previous Owner Gain Ray Reza $225,000
Previous Owner Figueroa Jose $292,000
Previous Owner Peyton Mabel L $78,300
Previous Owner Peyton Mabel L $66,000
Closed Figueroa Jose $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $410,000 -1.4% $395 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $416,000 -- $401 / 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 $4,850 $475,838 $400,596 $75,242
2024 $4,850 $466,508 $392,741 $73,767
2023 $4,735 $457,361 $385,040 $72,321
2022 $4,649 $448,394 $377,491 $70,903
2021 $4,555 $439,602 $370,089 $69,513
2020 $4,514 $435,095 $366,294 $68,801
2019 $4,423 $426,564 $359,112 $67,452
2018 $4,339 $418,200 $352,070 $66,130
2017 $4,251 $410,000 $345,166 $64,834
2016 $2,871 $271,954 $194,157 $77,797
2015 $2,837 $267,869 $191,240 $76,629
2014 $2,775 $262,622 $187,494 $75,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16127833

California Regional Multiple Listing Service (CRMLS)

APN: 933-430-41