NOT LISTED FOR SALE

700 E Lake Dr Unit 1 Orange, CA 92866

Estimated Value: $661,000 - $905,000

2 Beds
1.5 Baths
1,122 Sq Ft
$350/mo HOA Fee

Last Sold August 03, 2021

Last sale price $550,000 $490 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,716/month

3 Days on Market

Highlights

  • In Ground Spa
  • Creek or Stream View
  • Living Room with Attached Deck
  • Open Floorplan
  • Cathedral Ceiling
  • Stone Countertops

About This Home

As of August 2021

Premium LOCATION end unit with unparalleled view of the pool/spa, mature redwood and pine trees, lake and streams, bridges, ducks & birds . Welcome to Morningside by the Lake, close to Old Towne Orange but tucked away in a mountain-style retreat. 2 Bedroom, Jack & Jill full bath upstairs, MBR has dressing area with large vanity/sink-cathedral ceilings, lots of storage, 1/2 bath downstairs. Open concept kitchen & living areas, 1 car garage (laundry hookups) plus 1 assigned carport and ample guest parking. Patio entry between garage and condo. Light and bright with recessed lighting, skylight upstairs. A little TLC (paint & updating) will make this a perfect home to live in this resort atmosphere adjacent to Hart Park with lots of walking & biking paths for pets & exercise. Video link: https://my.matterport.com/show/?m=x2GVGJuVVoz

Last Agent to Sell the Property

Cathy Meyers

Boydstun Rlty & Prop Mngmt Inc License #00783577 Listed on: 07/06/2021

Last Buyer's Agent

Reon Boydstun Howard

Boydstun Rlty & Prop Mngmt Inc License #01446104

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Fenced
  • Fence is in average condition

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,122 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Storage
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Palmyra Elementary School
  • Orange High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060401

Community Details

Overview

  • 142 Units
  • Morningside On The Lake Association, Phone Number (714) 508-9070
  • Optimum HOA
  • Morningside On The Lake Subdivision

Amenities

  • Outdoor Cooking Area

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Refrigerator, washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060401
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1122.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 490.20
  • Room Type: All Bedrooms Up, Dressing Area, Jack & Jill
  • Spa Features: Association, In Ground
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Creek/Stream
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Covered, Deck, Patio Open
  • Pool Features: Association, Heated
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Paved, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Outdoor Cooking Area, Trash, Pets Permitted
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Morningside on the Lake
  • Phone: 714/508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Park
  • Association Management: Optimum

Schools

  • Elementary School: Palmyra
  • High School: Orange
  • Elementary School #2: PALMYR
  • High School2: ORANGE3

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 142
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10566

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 19, 2021
Sold by
Gianquinto Rossalba
Bought by
Davis Dawn
Seller's Agent
Cathy Meyers
Boydstun Rlty & Prop Mngmt Inc
Buyer's Agent
Reon Boydstun Howard
Boydstun Rlty & Prop Mngmt Inc
List Price
$499,500
Sold Price
$550,000
Premium/Discount to List
$50,500
10.11%
Current Estimated Value
$730,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,700
Avg. Annual Appreciation
6.67%
Original Mortgage
$503,019
Outstanding Balance
$456,621
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$274,079

Purchase Details

Closed on
Dec 1, 2020
Sold by
Gianquinto Rossalba and Frank H Homer Trust
Bought by
Gianquinto Rossalba

Purchase Details

Closed on
Apr 20, 2020
Sold by
Homer Frank H
Bought by
Homer Frank H

Purchase Details

Closed on
Jul 14, 2003
Sold by
Gianquinto Rossalba A
Bought by
Homer Frank H
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
Davis Dawn $550,000 Lawyers Title Oc
Gianquinto Rossalba -- None Available
Homer Frank H -- None Available
Homer Frank H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Dawn $503,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $550,000 +10.1% $490 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $499,500 -- $445 / 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 $6,438 $583,664 $490,411 $93,253
2024 $6,438 $572,220 $480,795 $91,425
2023 $6,295 $561,000 $471,367 $89,633
2022 $6,173 $550,000 $462,124 $87,876
2021 $3,298 $280,865 $166,242 $114,623
2020 $3,194 $277,986 $164,538 $113,448
2019 $3,155 $272,536 $161,312 $111,224
2018 $3,106 $267,193 $158,149 $109,044
2017 $2,981 $261,954 $155,048 $106,906
2016 $2,924 $256,818 $152,008 $104,810
2015 $2,880 $252,961 $149,725 $103,236
2014 $2,776 $244,000 $146,792 $97,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21140081

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-01