NOT LISTED FOR SALE

700 E Lake Dr Unit 142 Orange, CA 92866

Estimated Value: $703,533 - $911,000

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

Last Sold May 18, 2022

Last sale price $655,000 $584 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,975/month

5 Days on Market

Highlights

  • Lake Front
  • Primary Bedroom Suite
  • Open Floorplan
  • Heated In Ground Pool
  • Panoramic View
  • Community Lake

About This Home

As of May 2022

WELCOME TO THIS RARE JEWEL OF A HOME NESTLED IN THE CITY OF ORANGE’S HIGHLY SOUGHT-AFTER MORNINGSIDE ON THE LAKES COMMUNITY. THE HOME IS A PREMIUM END UNIT LOT WITH UNPARALLELED VIEWS OF THE MATURE REDWOOD AND PINE TREES, LAKE AND STREAMS, BRIDGES, DUCKS, FISH AND BIRDS. THE COMMUNITY ALSO FEATURES A BEAUTIFUL POOL, SPA AND BBQ AREA. THE INTERIOR OF THIS CHARMING WELL-CARED HOME INCLUDES 2-BEDROOMS 1.5 BATH AND IS THE LARGEST UNIT IN THE COMPLEX. THE MASTER SUITE HAS A DRESSING AREA, LARGE VANITY/SINK, CATHEDRAL CEILINGS, LOTS OF STORAGE AND TONS OF NATURAL LIGHT AND VIEWS! THE OPEN FLOOR PLAN INCLUDES WINDOW SEATING AREA OFF THE KITCHEN WHICH FLOWS INTO THE LIVING ROOM WITH CUSTOM FIREPLACE AND SLIDING DOORS LEADING TO THE OUTDOOR PATIO OFF THE LAKE. MANY UPGRADES INCLUDE BEAUTIFUL FIREPLACE AND MANTEL, RECESSED LIGHTING, LIGHT WOOD LAMINATE FLOORING AND NEW CUSTOM SHUTTERS THROUGHOUT. THE HOME ALSO HAS NEWER INTERIOR PAINT, CENTRAL AC AND HEAT THERMOSTAT, A GARAGE, ADDITIONAL COVERED CARPORT, ALING WITH AMPLE COMMUNITY PARKING. WITH ALL THESE FEATURES, AND STUNNING VIEWS OF THE LUSH GREEN BELT, TALL MATURE TREES AND THE LAKE AND STREAMS, THIS HOME IS PERFECT FOR ENTERTAINING OR RELAXING IN AFTER A LONG DAY AT WORK. FINALLY, THE HOME IS IN THE PERFECT LOCATION, WITH CLOSE ACCESS TO THE 91, 55, 22, AND 5 FREEWAYS. CHAPMAN UNIVERSITY IS ONLY A FEW BLOCKS AWAY, AND YOU ARE WALKING DISTANCE TO BOTH HART PARK AND HISTORIC OLD TOWN ORANGE, FEATURING AMAZING EATERIES, CLUBS AND ENTERTAINMENT! PLEASE PLAN NOW TO VIEW THIS SPECIAL HOME QUICKLY. AT THIS PRICE, IT WON’T BE ON THE MARKET LONG.

Last Agent to Sell the Property

Dan Oliver

North Hills Realty License #01988069 Listed on: 04/21/2022

Last Buyer's Agent

Cathy Rhoades

BHHS CA Properties License #01436181

BHHS CA Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Home fronts a stream
  • Lake Front
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Front Yard

HOA Fees

  • $350 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Panoramic
  • Woods
  • Creek or Stream
  • Park or Greenbelt
  • Pool
  • Courtyard

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,122 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Access To Lake
  • Open Patio
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Palmyra Elementary School
  • Orange High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060542
  • $358 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 142 Units
  • Morningside On The Lake Association, Phone Number (714) 508-9070
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

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

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060542
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1122.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 583.78
  • Room Type: All Bedrooms Up, Living Room, Master Suite
  • Spa Features: Association, Community, Heated
  • Window Features: Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Linen Closet/Storage, Upgraded
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Barbecue Private
  • View: Courtyard, Creek/Stream, Lake, Panoramic, Park/Greenbelt, Pool, Trees/Woods, Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Patio Open, Front Porch, Rear Porch
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • 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, Hiking Trails, 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, Gutters, Lake, Sidewalks
  • Association Management: Morningside on the lake

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 10000-19999 Sqft

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 142
  • Number Of Units Total: 1
  • Waterfront Features: Creek, Lake, Lake Front, Stream

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

Closed on
Sep 9, 2022
Sold by
Bablove and Aileen
Bought by
Jaac Family Trust
Current Estimated Value
$761,883

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 2, 2022
Sold by
Eleanor L Chapman Trust
Bought by
Bablove Tojesse and Bablove Aileen
Seller's Agent
Dan Oliver
North Hills Realty
Buyer's Agent
Cathy Rhoades
BHHS CA Properties
List Price
$540,000
Sold Price
$655,000
Premium/Discount to List
$115,000
21.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Chapman Eleanor L
Bought by
Chapman Eleanor L and Eleanor L Chapman Trust

Purchase Details

Closed on
Oct 11, 2001
Sold by
Chapman Eleanor L
Bought by
Chapman Eleanor L and Eleanor L Chapman Trust

Purchase Details

Closed on
Aug 4, 2000
Sold by
Chapman James T
Bought by
Chapman James T and James T Chapman Trust

Purchase Details

Closed on
Feb 9, 1996
Sold by
Chapman Eleanor L and Hodge Eleanor L
Bought by
Chapman Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Ryan Roberta
Bought by
Chapman James T and Chapman Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 14, 1994
Sold by
Graham Dale
Bought by
Ryan Roberta
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
Jaac Family Trust -- --
Bablove Jesse -- --
Bablove Tojesse $655,000 Orange Coast Title
Chapman Eleanor L -- Old Republic Title Company
Chapman Eleanor L -- Old Republic Title Company
Chapman Eleanor L -- Old Republic Title Company
Chapman Eleanor L -- Old Republic Title Company
Chapman Eleanor L -- Old Republic Title Company
Chapman James T -- Old Republic Title Company
Chapman James T -- Old Republic Title Company
Chapman Eleanor L -- --
Chapman James T $137,000 Orange Coast Title
Ryan Roberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman James T $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $655,000 0.0% $584 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/25/2022 04/25/22 Off Market $655,000 -- --
04/24/2022 04/24/22 Price Changed $580,000 +7.4% $517 / Sq Ft
04/21/2022 04/21/22 For Sale $540,000 -- $481 / 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 $7,593 $695,091 $594,490 $100,601
2024 $7,593 $681,462 $582,833 $98,629
2023 $7,426 $668,100 $571,404 $96,696
2022 $1,663 $130,059 $38,100 $91,959
2021 $1,620 $127,509 $37,353 $90,156
2020 $1,603 $126,202 $36,970 $89,232
2019 $1,585 $123,728 $36,245 $87,483
2018 $1,561 $121,302 $35,534 $85,768
2017 $1,503 $118,924 $34,837 $84,087
2016 $1,474 $116,593 $34,154 $82,439
2015 $1,452 $114,842 $33,641 $81,201
2014 $1,420 $112,593 $32,982 $79,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22076573

California Regional Multiple Listing Service (CRMLS)

APN: 930-605-42