NOT LISTED FOR SALE

700 E Lake Dr Unit 133 Orange, CA 92866

Estimated Value: $576,100 - $768,000

1 Bed
1 Bath
810 Sq Ft
$350/mo HOA Fee

Last Sold May 25, 2022

Last sale price $550,000 $679 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,168/month

2 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Cathedral Ceiling
  • River View
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2022

A beautifully decorated and charming 1 bedroom loft and 1 bathroom condominium in the highly desirable MORNINGSIDE ON THE LAKES community. As you enter the front door, you are welcomed into your cozy living room with high vaulted ceilings and cobblestone rock fireplace. Adjacent to it is your dining room, breakfast bar, and kitchen. Enjoy the views from your kitchen window as you see those enjoying the outdoors at the nearby Santiago Creek Trail and Bike path. This home boasts wood laminate floors, granite countertops, plantation shutters, new carpet, newer paint, upgraded bathrooms, and much. much, more !!! Enjoy your morning coffee and meals on your back patio amongst the mature trees and foliage. Morningside Community features include a pool, spa, and BBQ area. Enjoy a leisurely stroll amongst the trees, streams, bridges, ducks, fish, & birds. This home is perfect for the single individual, the young couple just starting out, a 2nd home, or an investment. Walking distance to Hart Park, the historic Old Town Orange, and Chapman University. Amazing restaurants, shopping, and entertainment are minutes away. You will not be disappointed.

Last Agent to Sell the Property

Eileen Ibarra

Amberwood Real Estate License #01235458 Listed on: 04/26/2022

Amberwood Real Estate

Last Buyer's Agent

Manny Fonseca

Rise Realty License #01119806

Rise Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • River
  • Woods
  • Creek or Stream

Home Design

  • Slab Foundation

Interior Spaces

  • 810 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Cathedral Ceiling
  • Plantation Shutters
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Palmyra Elementary School
  • Orange High School

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060533
  • $358 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 142 Units
  • Morningside On The Lake Association, Phone Number (714) 508-9070
  • Optimum Professional Property Management HOA
  • Morningside On The Lake Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060533
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 810.00 Square Feet
  • Interior Amenities: Bar, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 679.01
  • Room Type: All Bedrooms Up, Loft
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower, Closet In Bathroom, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • View: Creek/Stream, River, Trees/Woods
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Closet, Outside
  • 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, Maintenance Front Yard
  • 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, Park, Sidewalks, Street Lights, Suburban
  • Association Management: Optimum Professional Property Management

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: 142

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
Jan 14, 2019
Closed on
Feb 15, 2019
Sold by
Gram Mary Beth
Bought by
Bales Bruce and Bales Ann
Seller's Agent
Vicki Costa
The L3
Buyer's Agent
Eileen Ibarra
Amberwood Real Estate
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$628,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,025
Avg. Annual Appreciation
8.27%
Original Mortgage
$200,000
Outstanding Balance
$175,477
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$452,548

Purchase Details

Closed on
Jul 12, 2005
Sold by
Gram Mary Beth
Bought by
Gram Mary Beth

Purchase Details

Closed on
May 8, 1998
Sold by
Gram James R
Bought by
Gram Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,671
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1998
Sold by
Klein Robert J
Bought by
Gram Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,671
Interest Rate
7.13%
Mortgage Type
FHA
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
Bales Bruce $365,000 Ticor Title Orange County Br
Gram Mary Beth -- --
Gram Mary Beth -- Fidelity National Title Ins
Gram Mary Beth $95,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bales Bruce $200,000
Previous Owner Gram Mary Beth $92,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $550,000 +13.4% $679 / Sq Ft
05/02/2022 05/02/22 For Sale $485,000 -11.8% $599 / Sq Ft
04/29/2022 04/29/22 Off Market $550,000 -- --
04/29/2022 04/29/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $485,000 +32.9% $599 / Sq Ft
03/06/2019 03/06/19 Sold $365,000 -2.7% $451 / Sq Ft View Prior Sale
12/18/2018 12/18/18 For Sale $375,000 -- $463 / 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 $516,621 $67,043
2024 $6,438 $572,220 $506,491 $65,729
2023 $6,295 $561,000 $496,559 $64,441
2022 $4,416 $383,680 $321,912 $61,768
2021 $4,295 $376,157 $315,600 $60,557
2020 $4,255 $372,300 $312,363 $59,937
2019 $1,788 $135,972 $66,122 $69,850
2018 $1,762 $133,306 $64,825 $68,481
2017 $1,697 $130,693 $63,554 $67,139
2016 $1,594 $128,131 $62,308 $65,823
2015 $1,569 $126,207 $61,372 $64,835
2014 $1,535 $123,735 $60,170 $63,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22083001

California Regional Multiple Listing Service (CRMLS)

APN: 930-605-33