NOT LISTED FOR SALE

Estimated Value: $504,000 - $518,342

1 Bed
1 Bath
639 Sq Ft
$275/mo HOA Fee

Last Sold February 07, 2012

Last sale price $160,000 $250 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,442/month

189 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Custom Home
  • Eastshore Elementary School Rated A
  • Private Pool
  • Clubhouse

About This Home

As of February 2012

Approved shortsale at price of $165000. Buyer offered $160000 Ask me for details. Can substitute new buyer in a week. Main floor tiled with carpet upstairs. Remodeled laundry closet area.Second bedroom is loft above the main floor. Current tenant using the main floor bedroom as a dining room but it fits a king sized bed and 2 dressers. Looks are deceiving without the bedroom furniture. Laundry alcove modified and enlarged to form extra storage. Stairs to second floor then enter main level of the condo with interior stairs to loft/bedroom/office/den .. End unit so free standing on 3 walls only one connecting wall. Balcony overlooks the lagoon/lakes for a gorgeous view and tranquil ambience. Bridge over meandering streams is quaint. Awesome ammenities in HOA include 2 pools&spas,6 lighted tennis courts,basketball courts, Totlot, Gym, Clubouse. Great residence or investment property. Very desirable rental for cash flow to investors. HOA dues to increase to $300 in January. Dues current.

Last Agent to Sell the Property

Donna Gillespie

Re/Max Premier Realty License #00866873 Listed on: 07/11/2011

Re/Max Premier Realty

Last Buyer's Agent

MICHAEL HECKENLAIBLE

NEXTAGE PACIFIC COAST REALTY License #01829977

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1977

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Custom Home
  • Contemporary Architecture
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 639 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Tile Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • 220 Volts In Laundry

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Living Room Balcony
  • Front Yard Sprinklers

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9091
  • Assessor Parcel Number 93488036

Community Details

Overview

  • Master Insurance
  • 421 Units
  • Plan 2 Loft
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,487

Year Built

Built in 1977

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-233-5668
  • Property Attached: Yes
  • Subdivision Name Other: Lake Condos
  • View: Yes
  • Architectural Style: Custom Built, Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93488036
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 639.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Living Room Balcony
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 250.39
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: No
  • View: Water
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: No
  • Laundry: No
  • Appliances: Built-In, Gas Cooking, Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Insurance, Maintenance Grounds, Pool, Sewer, Spa/Hot Tub, Sport Court, Trash, Water
  • Association Fee: 255.00
  • Association #2 Fee: 20.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers In Front

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 421
  • Number Of Units Total: 421

Tax Info

  • Tax Lot: 1
  • Tax Tract: Lake Condos
  • Tax Tract Number: 9091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2025
Sold by
Veissi Shayan
Bought by
Shayan Veissi Living Trust and Veissi
Current Estimated Value
$512,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$473,046
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$39,256

Purchase Details

Closed on
Feb 24, 2025
Sold by
Ec Lin Chen Revocable Trust and Chen Elaine Chwen
Bought by
Veissi Shayan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$473,046
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$39,256

Purchase Details

Closed on
Mar 2, 2021
Sold by
Sequeira Lisa M
Bought by
Ec Lin Chen Revocable Trust and Chen

Purchase Details

Closed on
Feb 6, 2015
Sold by
Fisher Christine
Bought by
Sequeira Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2011
Closed on
Dec 30, 2011
Sold by
Fisher Lloyd D
Bought by
Fisher Christine
Seller's Agent
Donna Gillespie
Re/Max Premier Realty
Buyer's Agent
MICHAEL HECKENLAIBLE
NEXTAGE PACIFIC COAST REALTY
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$120,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2011
Closed on
Dec 20, 2011
Sold by
Groom Robert Tee
Bought by
Fisher Christine
Seller's Agent
Donna Gillespie
Re/Max Premier Realty
Buyer's Agent
MICHAEL HECKENLAIBLE
NEXTAGE PACIFIC COAST REALTY
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Groom Robert Tee and Lansang Michelle
Bought by
Groom Robert Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Scott Dean A
Bought by
Groom Robert Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2002
Sold by
Sahad Pablo
Bought by
Scott Dean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.89%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Orange Blossom Trust #349
Bought by
Sahad Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,340
Interest Rate
7.96%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Liebi Louise
Bought by
Orange Blossom Trust #349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
8.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Shayan Veissi Living Trust -- None Listed On Document
Veissi Shayan $500,000 California Best Title
Ec Lin Chen Revocable Trust $385,500 Lawyers Title
Sequeira Lisa M $284,000 Lawyers Title
Fisher Christine -- Orange Coast Title
Fisher Christine $160,000 Orange Coast Title
Groom Robert Tee -- Alliance Title Company
Groom Robert Tee $300,000 First American Title Co
Scott Dean A $151,000 First American Title Co
Sahad Pablo $122,000 --
Orange Blossom Trust #349 $85,029 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veissi Shayan $475,000
Previous Owner Sequeira Lisa M $228,750
Previous Owner Sequeira Lisa M $246,500
Previous Owner Fisher Christine $120,000
Previous Owner Groom Robert Tee $20,000
Previous Owner Groom Robert Tee $276,000
Previous Owner Groom Robert Tee $240,000
Previous Owner Scott Dean A $135,900
Previous Owner Sahad Pablo $118,340
Previous Owner Orange Blossom Trust #349 $0
Closed Groom Robert Tee $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2012 02/07/12 Sold $160,000 -3.0% $250 / Sq Ft
01/16/2012 01/16/12 Pending -- -- --
11/28/2011 11/28/11 Price Changed $165,000 -2.4% $258 / Sq Ft
10/22/2011 10/22/11 Price Changed $169,000 -5.6% $264 / Sq Ft
07/11/2011 07/11/11 For Sale $179,000 -- $280 / 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 $4,487 $416,869 $367,105 $49,764
2024 $4,487 $408,696 $359,907 $48,789
2023 $4,371 $400,683 $352,850 $47,833
2022 $4,269 $392,827 $345,931 $46,896
2021 $3,440 $315,052 $268,635 $46,417
2020 $3,421 $311,822 $265,880 $45,942
2019 $3,345 $305,708 $260,666 $45,042
2018 $3,285 $299,714 $255,555 $44,159
2017 $3,217 $293,838 $250,544 $43,294
2016 $3,079 $288,077 $245,631 $42,446
2015 $1,794 $167,215 $126,089 $41,126
2014 $1,759 $163,940 $123,619 $40,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S667355

California Regional Multiple Listing Service (CRMLS)

APN: 934-880-36