NOT LISTED FOR SALE

700 E Lake Dr Unit 17 Orange, CA 92866

Estimated Value: $501,661 - $706,000

1 Bed
1 Bath
773 Sq Ft
1979 Built

Last Sold January 24, 2013

Last sale price $157,500 $204 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,121/month

11 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Garden Windows
  • Private Pool
  • Modern Architecture
  • No Interior Steps

About This Home

As of January 2013

HUD Home. This charming 1 bedroom, 1 bathroom condo is tucked away in the serene community of 'Morningside on the Lake' in Old Towne Orange. Ceramic tile, fireplace, garden window in the kitchen makes this condominium a MUST SEE. The view from the living room, bedroom and patio looks out to the tranquil waterfalls, streams and wooded grounds.

Last Agent to Sell the Property

Barbara Kerr

Realty Executives-Premier-H Listed on: 10/12/2012

Last Buyer's Agent

Nicole Kovach

Corcoran Global Living License #01891685

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Parking

  • 1 Parking Space

Property Views

  • Water
  • Woods

Home Design

  • Modern Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 773 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Garden Windows

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom

Pool

  • Private Pool
  • Spa

Additional Features

  • No Interior Steps
  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060417

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Morningside On The Lake
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060417
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 773.00
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 203.75
  • Room Type: Master Suite
  • Spa Features: Association
  • Window Features: Garden Window(s)

Exterior Features

  • Patio: No
  • View: Trees/Woods, Water
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 416.00
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 22, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Keogh Laurie
Seller's Agent
Barbara Kerr
Realty Executives-Premier-H
Buyer's Agent
Nicole Kovach
Corcoran Global Living
List Price
$160,000
Sold Price
$157,500
Premium/Discount to List
-$2,500
-1.56%
Current Estimated Value
$562,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,915
Avg. Annual Appreciation
10.23%
Original Mortgage
$141,750
Outstanding Balance
$97,088
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$465,327

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 10, 2013
Sold by
Keogh Brian
Bought by
Keogh Laurie
Seller's Agent
Barbara Kerr
Realty Executives-Premier-H
Buyer's Agent
Nicole Kovach
Corcoran Global Living
List Price
$160,000
Sold Price
$157,500
Premium/Discount to List
-$2,500
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Outstanding Balance
$97,088
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$465,327

Purchase Details

Closed on
Aug 30, 2012
Sold by
Guild Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 20, 2012
Sold by
Echeverria David A and Adams Crystal C
Bought by
The California Housing Finance Agency

Purchase Details

Closed on
Aug 19, 2004
Sold by
Lewis Stephen H
Bought by
Echeverria David and Adams Crystal C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,150
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2002
Sold by
Gwyn Robert Lee and Gwyn Linda Joy
Bought by
Lewis Stephen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
6.25%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Gwynn Robert and Gwyn Linda J
Bought by
Gwyn Robert Lee and Gwyn Linda Joy

Purchase Details

Closed on
Aug 28, 1997
Sold by
Horn Fredrick W
Bought by
Horn Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
7.43%

Purchase Details

Closed on
Jul 9, 1997
Sold by
Michele Wank and Michele Michelle M
Bought by
Gwyn Robert L and Gwyn Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
7.43%

Purchase Details

Closed on
Apr 17, 1997
Sold by
Atkinson Joyce D
Bought by
Wank Horn Michelle M

Purchase Details

Closed on
May 18, 1995
Sold by
Wank Michelle M
Bought by
Atkinson Joyce D
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
Keogh Laurie $157,500 Western Resources Title Co
Keogh Laurie -- Western Resources Title Co
The Secretary Of Housing & Urban Develop -- Stewart Title Of California
The California Housing Finance Agency $241,832 Stewart Title
Echeverria David $277,500 Southland Title Corporation
Lewis Stephen H $143,500 Southland Title
Gwyn Robert Lee -- --
Horn Michelle M -- Lawyers Title Company
Gwyn Robert L $77,000 Lawyers Title Company
Wank Horn Michelle M -- --
Atkinson Joyce D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keogh Laurie $141,750
Previous Owner Echeverria David $269,150
Previous Owner Lewis Stephen H $114,800
Previous Owner Gwyn Robert L $53,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2013 01/24/13 Sold $157,500 -1.6% $204 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $160,000 -- $207 / 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 $2,398 $193,945 $118,932 $75,013
2024 $2,398 $190,143 $116,600 $73,543
2023 $2,341 $186,415 $114,314 $72,101
2022 $2,293 $182,760 $112,072 $70,688
2021 $2,234 $179,177 $109,875 $69,302
2020 $2,213 $177,340 $108,748 $68,592
2019 $2,188 $173,863 $106,615 $67,248
2018 $2,156 $170,454 $104,524 $65,930
2017 $2,073 $167,112 $102,474 $64,638
2016 $2,035 $163,836 $100,465 $63,371
2015 $2,005 $161,376 $98,956 $62,420
2014 $1,963 $158,215 $97,017 $61,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P837937

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-17