NOT LISTED FOR SALE

22756 Madrid Dr Lake Forest, CA 92630

Estimated Value: $603,061 - $658,000

3 Beds
1.5 Baths
1,085 Sq Ft
$285/mo HOA Fee

Last Sold February 26, 2013

Last sale price $265,000 $244 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,883/month

6 Days on Market

Highlights

  • Private Pool
  • View of Hills
  • Slab Porch or Patio
  • Serrano Intermediate School Rated A-
  • Fireplace
  • Living Room

About This Home

As of February 2013

Recently remodeled quiet 3 bedroom town home. One car detached indoor garage and one outdoor parking space.

Last Agent to Sell the Property

Carl Wuestehube

Tri-Star Realty License #00634943 Listed on: 01/16/2013

Last Buyer's Agent

shari moretti

O'Donnell Real Estate License #01407430

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • Block Wall Fence
  • Back Yard

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Hills
  • Pool

Home Design

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

Interior Spaces

  • 1,085 Sq Ft Home
  • Fireplace
  • Living Room
  • Storage

Kitchen

  • Gas Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Slab Porch or Patio

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 93343078

Community Details

Overview

  • 200 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93343078
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1085.00
  • Interior Amenities: Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 244.24
  • Room Type: All Bedrooms Up, Living Room
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Hills, Pool
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Gas Cooking, Disposal, Oven, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Phone: On Record
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1500.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 200

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Jan 24, 2013
Sold by
Li Jie
Bought by
Greene Megan
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
shari moretti
O'Donnell Real Estate
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Current Estimated Value
$636,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,015
Avg. Annual Appreciation
7.04%
Original Mortgage
$198,750
Outstanding Balance
$138,616
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$497,399

Purchase Details

Closed on
Feb 8, 2011
Sold by
Sun Rui
Bought by
Li Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
Gardner Wendy M
Bought by
Li Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Gardner Wendy M and Gardner Stephan S
Bought by
Gardner Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Wallace Wendy M and Wallace William H
Bought by
Wallace Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,400
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2001
Sold by
Wallace Maria Calip
Bought by
Wallace William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Fitzmaurice Daniel J and Fitzmaurice Kathleen R
Bought by
Guillory Wendy M and Wallace William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Hobbs John Stuart and Hobbs Patricia E
Bought by
Fitzmaurice Daniel J and Fitzmaurice Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greene Megan $265,000 Western Resources Title Co
Li Jie -- Western Resources Title Co
Li Jie $182,000 Western Resources Title Co
Gardner Wendy M -- First American Title Ins Co
Wallace Wendy M -- First American Title Company
Wallace William H -- Commonwealth Land Title
Guillory Wendy M $185,000 Commonwealth Land Title
Fitzmaurice Daniel J $115,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Megan $198,750
Previous Owner Li Jie $136,500
Previous Owner Gardner Wendy M $219,000
Previous Owner Wallace Wendy M $211,400
Previous Owner Guillory Wendy M $148,000
Previous Owner Fitzmaurice Daniel J $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $265,000 +6.4% $244 / Sq Ft
01/23/2013 01/23/13 For Sale $249,000 0.0% $229 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $249,000 -- $229 / 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 $3,302 $326,323 $252,066 $74,257
2024 $3,302 $319,925 $247,124 $72,801
2023 $3,223 $313,652 $242,278 $71,374
2022 $3,165 $307,502 $237,527 $69,975
2021 $3,100 $301,473 $232,870 $68,603
2020 $3,072 $298,382 $230,482 $67,900
2019 $3,009 $292,532 $225,963 $66,569
2018 $2,952 $286,797 $221,533 $65,264
2017 $2,892 $281,174 $217,189 $63,985
2016 $2,843 $275,661 $212,930 $62,731
2015 $2,807 $271,521 $209,732 $61,789
2014 $2,745 $266,203 $205,624 $60,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S723238

California Regional Multiple Listing Service (CRMLS)

APN: 933-430-78