NOT LISTED FOR SALE

700 E Lake Dr Unit 14 Orange, CA 92866

Estimated Value: $570,000 - $766,000

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

Last Sold May 08, 2020

Last sale price $370,000 $378 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,065/month

8 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Main Floor Primary Bedroom
  • View of Trees or Woods
  • Two Story Ceilings
  • Loft

About This Home

As of May 2020

Welcome to Morningside on the Lake. This secluded community is surrounded by a tranquil lake, ponds, streams, waterfalls, meandering pathways and bridges. When entering the condo, the high ceiling in the living room gives the condo an open feel, yet has a gas fireplace to keep it cozy. Both the living room and bedroom open to a balcony with views of a stream and trees. While the downstairs bedroom boasts two closets, the upstairs loft has a large walk in closet and could potentially be turned into a second bedroom. A one car garage is located directly in front of the unit and carport is just across the way. Conveniently located just minutes away from Old Towne Orange, Hart park, biking trails, schools, shopping, and easy access to freeways.

Last Agent to Sell the Property

Teri Rosas

Seven Gables Real Estate License #01721438 Listed on: 04/08/2020

Seven Gables Real Estate

Last Buyer's Agent

Joshua Abraham Pineiro

Compass License #02017377

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • Home fronts a stream
  • Two or More Common Walls

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Available
  • Single Garage Door

Property Views

  • Woods
  • Creek or Stream

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Gas Fireplace
  • Garden Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room Balcony
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060414

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • 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

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, microwave, washer and dryer without warranty
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • 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: 93060414
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 980.00 Square Feet
  • Interior Amenities: High Ceilings, Living Room Balcony, Open Floorplan, Two Story Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 377.55
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Garden Window(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • View: Creek/Stream, Trees/Woods
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Trash
  • 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, Sidewalks, Street Lights
  • Association Management: Optimum Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 142
  • Number Of Units Total: 142
  • Waterfront Features: Stream

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Apr 20, 2020
Sold by
Goufman Natasha M
Bought by
Pineiro Vanron P and Pineiro Joshua A
Seller's Agent
Teri Rosas
Seven Gables Real Estate
Buyer's Agent
Joshua Abraham Pineiro
Compass
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$628,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,003
Avg. Annual Appreciation
9.65%
Original Mortgage
$222,000
Outstanding Balance
$197,035
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$430,968

Purchase Details

Listed on
Dec 14, 2011
Closed on
Feb 20, 2012
Sold by
Goufman Dimitry B
Bought by
Goufman Natalia M
Seller's Agent
Kathleen Freepartner
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bonnie Gausewitz
Seven Gables Real Estate
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Jan 23, 2012
Sold by
Taylor Becky D
Bought by
Goufman Natasha M
Seller's Agent
Kathleen Freepartner
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bonnie Gausewitz
Seven Gables Real Estate
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Purchase Details

Closed on
May 4, 2006
Sold by
Ouellette Ann M
Bought by
Taylor Becky D and Mary L Taylor Trust A

Purchase Details

Closed on
Apr 14, 2004
Sold by
Jensen Martha K
Bought by
Ouellette Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Jensen Martha K
Bought by
Jensen Martha K

Purchase Details

Closed on
Jun 30, 1997
Sold by
Jensen Martha K
Bought by
Jensen Martha
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
Pineiro Vanron P $370,000 Chicago Title
Goufman Natalia M -- Chicago Title Company
Goufman Natasha M $180,000 Chicago Title Company
Taylor Becky D $420,000 None Available
Ouellette Ann M $289,000 Fidelity National Title
Jensen Martha K -- Gateway Title Company
Jensen Martha -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineiro Vanron P $222,000
Previous Owner Ouellette Ann M $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2020 05/08/20 Sold $370,000 -5.1% $378 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $389,900 0.0% $398 / Sq Ft
12/06/2018 12/06/18 Rented $1,750 0.0% --
12/04/2018 12/04/18 Off Market $1,750 -- --
11/23/2018 11/23/18 For Rent $1,750 +6.1% --
10/15/2013 10/15/13 Rented $1,650 0.0% --
09/29/2013 09/29/13 Under Contract -- -- --
09/04/2013 09/04/13 For Rent $1,650 +10.0% --
04/22/2012 04/22/12 Rented $1,500 -9.1% --
04/19/2012 04/19/12 Under Contract -- -- --
03/13/2012 03/13/12 For Rent $1,650 0.0% --
02/22/2012 02/22/12 Sold $180,000 -2.7% $182 / Sq Ft View Prior Sale
12/21/2011 12/21/11 Price Changed $185,000 -2.1% $187 / Sq Ft
12/14/2011 12/14/11 For Sale $189,000 -- $191 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,582 $404,647 $316,582 $88,065
2024 $4,582 $396,713 $310,374 $86,339
2023 $4,479 $388,935 $304,288 $84,647
2022 $4,391 $381,309 $298,321 $82,988
2021 $4,271 $373,833 $292,472 $81,361
2020 $2,520 $206,727 $125,884 $80,843
2019 $2,492 $202,674 $123,416 $79,258
2018 $2,455 $198,700 $120,996 $77,704
2017 $2,359 $194,804 $118,623 $76,181
2016 $2,316 $190,985 $116,297 $74,688
2015 $2,282 $188,117 $114,550 $73,567
2014 $2,234 $184,433 $112,307 $72,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20070767

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-14