NOT LISTED FOR SALE

700 E Lake Dr Unit 124 Orange, CA 92866

Estimated Value: $726,264 - $974,000

2 Beds
2.5 Baths
1,122 Sq Ft
$706/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $660,000 $588 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,114/month

6 Days on Market

Highlights

  • Lake Front
  • No Units Above
  • Open Floorplan
  • Heated In Ground Pool
  • Updated Kitchen
  • Dual Staircase

About This Home

As of November 2022

LOCATION! Views of the beautiful lake, pool and direct access to the walking trail. Custom floor plan with 2 full bedrooms with a loft upstairs and 1 half bath downstairs. Walking distance to Old Towne, local shops and restaurants, Hart Park and all major freeways. Remodeled throughout and has one of the best views of the lake. Functional layout with an open concept downstairs. Definitely a must-see!

Last Agent to Sell the Property

Corie Isbell

Partners Real Estate Group License #02078170 Listed on: 10/04/2022

Co-Listed By

Shawn Isbell

Partners Real Estate Group License #02078171

Last Buyer's Agent

Feizal Jaffer

Keller Williams Realty License #02018522

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available

Property Views

  • Lake
  • Pond
  • Woods
  • Creek or Stream
  • Meadow
  • Park or Greenbelt
  • Pool
  • Neighborhood

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,122 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Exercise
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060524
  • $358 per year additional tax assessments

Community Details

Overview

  • 137 Units
  • Morningside On The Lake Association, Phone Number (714) 508-9070
  • Optimum Professional Property Managment HOA
  • Community Lake
  • Reservoir in Community
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Townhouse Details

Home Type

Townhome

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Craftsman
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93060524
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1122.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Pantry, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Family Kitchen, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 588.24
  • Room Type: All Bedrooms Up, Kitchen, Laundry
  • Spa Features: Association, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Creek/Stream, Lake, Meadow, Neighborhood, Park/Greenbelt, Pond, Pool, Trees/Woods, Water
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Covered, Patio Open, Porch, Rear Porch
  • Pool Features: Association, Exercise Pool, Fenced, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, On Site
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area
  • 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, Curbs, Hiking, Lake, Horse Trails, Park, Sidewalks, Street Lights
  • Association Management: Optimum Professional Property Managment

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 137
  • Number Of Units Total: 1
  • Waterfront Features: Lake, Lake Front, Reservoir in Community

Tax Info

  • Tax Census Tract: 759.02
  • Tax Lot: 1
  • Tax Tract Number: 10566
  • TaxOtherAnnualAssessmentAmount: 358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 2, 2022
Sold by
Peterson Anthony A and Peterson Alison M
Bought by
Sargeant Family Trust
Seller's Agent
Corie Isbell
Partners Real Estate Group
Buyer's Agent
Feizal Jaffer
Keller Williams Realty
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%
Views
29
Current Estimated Value
$792,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,316
Avg. Annual Appreciation
5.95%
Original Mortgage
$495,000
Outstanding Balance
$431,911
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$360,405

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 23, 2020
Sold by
Watson Jon E
Bought by
Peterson Anthony and Mc Cleerey Alison
Seller's Agent
Jeffrey Hallin
RE/MAX TerraSol
Buyer's Agent
Howard Ginsberg
Home Smart Realty Group
List Price
$495,000
Sold Price
$505,000
Premium/Discount to List
$10,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$454,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2014
Sold by
Mckee Josephine
Bought by
Walton Jon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,450
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2002
Sold by
Mckee Josephine
Bought by
Mckee Josephine and Mckee Family Living Trust

Purchase Details

Closed on
Jul 15, 1997
Sold by
Esmaili Mohammad
Bought by
Ewell Lucy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.61%

Purchase Details

Closed on
Jan 8, 1997
Sold by
Hughes Alfred James
Bought by
Esmaili Mohammad

Purchase Details

Closed on
Oct 17, 1985
Sold by
Hughes Alfred J
Bought by
Hughes Dianne E
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
Sargeant Family Trust $660,000 Doma Title
Peterson Anthony $505,000 First American Title Company
Walton Jon E $311,000 Orange Coast Title Co
Mckee Josephine -- --
Ewell Lucy A $140,000 Chicago Title Co
Esmaili Mohammad $100,101 --
Hughes Dianne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sargeant Family Trust $495,000
Previous Owner Peterson Anthony $454,500
Previous Owner Walton Jon E $295,450
Previous Owner Ewell Lucy A $132,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold $660,000 +1.6% $588 / Sq Ft
10/04/2022 10/04/22 For Sale $649,900 +28.7% $579 / Sq Ft
08/17/2020 08/17/20 Sold $505,000 0.0% $450 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Price Changed $505,000 +2.0% $450 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $495,000 0.0% $441 / Sq Ft
11/19/2017 11/19/17 Rented $2,350 -1.9% --
11/18/2017 11/18/17 Under Contract -- -- --
10/20/2017 10/20/17 For Rent $2,395 -- --
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 $7,505 $686,664 $588,035 $98,629
2024 $7,505 $673,200 $576,504 $96,696
2023 $7,340 $660,000 $565,200 $94,800
2022 $5,804 $515,100 $426,539 $88,561
2021 $5,644 $505,000 $418,175 $86,825
2020 $4,007 $348,596 $257,953 $90,643
2019 $3,958 $341,761 $252,895 $88,866
2018 $3,899 $335,060 $247,936 $87,124
2017 $3,741 $328,491 $243,075 $85,416
2016 $3,670 $322,050 $238,308 $83,742
2015 $3,617 $317,213 $234,728 $82,485
2014 $2,610 $220,919 $147,069 $73,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22214694

California Regional Multiple Listing Service (CRMLS)

APN: 930-605-24