NOT LISTED FOR SALE

700 E Lake Dr Unit 25 Orange, CA 92866

Estimated Value: $534,342 - $564,000

2 Beds
1 Bath
987 Sq Ft
$416/mo HOA Fee

Last Sold May 29, 2012

Last sale price $168,500 $171 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,551/month

31 Days on Market

Highlights

  • Private Pool
  • Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of May 2012

Morningside on the Lake Tract. Very private with streams and views. This unit features a master bedroom and bath on the lower level and a bedroom loft upstairs that has a view to the living room. Lots of windows and light with tall vaulted ceilings. Kitchen features updated stainless steal appliances and formica counter tops. Cabinets have been paint and new hardware installed. The lower level has laminate floors that continue through the bedroom. Updated custom tiled gas fireplace completes the living room. The patio has a great view of the community stream below with access from the living room and bedroom. The upstairs loft / bedroom has a huge closet with additional attic access storage. The laundry is located inside the unit and the water heater and furnace have been recently replace. Lastly, there is a 1 car detached garage, 1 assigned carport (#25) and plenty of guest parking.

Last Agent to Sell the Property

Mike Pahua

Zutila, Inc License #01461649 Listed on: 12/20/2011

Last Buyer's Agent

Colleen Morrill

Realty One Group West License #00546519

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1979

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 987 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Laundry in unit

Kitchen

  • Gas Oven or Range
  • Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 10566
  • Assessor Parcel Number 93060425

Community Details

Overview

  • 142 Units
  • Loft

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,581

Year Built

Built in 1979

Lot Details

0

HOA Fees

$416 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-716-1877
  • Property Attached: Yes
  • Subdivision Name Other: Morningside On The Lake
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060425
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 987.00
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 170.72
  • Room Type: Loft
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Orange Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Tract Number: 10566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Apr 24, 2012
Sold by
Vedder Diana
Bought by
Rawlings William A and Rawlings Bertha A
Seller's Agent
Mike Pahua
Zutila, Inc
Buyer's Agent
Colleen Morrill
Realty One Group West
List Price
$189,000
Sold Price
$168,500
Premium/Discount to List
-$20,500
-10.85%
Current Estimated Value
$548,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,586
Avg. Annual Appreciation
9.43%
Original Mortgage
$126,375
Outstanding Balance
$88,899
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$469,402

Purchase Details

Closed on
May 19, 2008
Sold by
Fruhwald Douglas
Bought by
Wright Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2005
Sold by
Fruhwald Douglas
Bought by
Fruhwald Douglas and The Fruhwald Revocable Living Trust

Purchase Details

Closed on
Nov 11, 1999
Sold by
Roger Mcginnis and Roger Adriana
Bought by
Fruhwald Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
7.82%

Purchase Details

Closed on
Sep 11, 1996
Sold by
Adriana Mcginnis
Bought by
Mcginnis Roger Robert and Mcginnis Adriana Long

Purchase Details

Closed on
Mar 17, 1994
Sold by
Mcginnis Roger R
Bought by
Mcginnis Adriana Long
Source: Public Records

Range of Values:

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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
Rawlings William A $168,500 Lawyers Title
Vedder Diana -- Lawyers Title
Vedder Diana -- Lawyers Title
Wright Diana $306,000 Chicago Title Company
Fruhwald Douglas -- None Available
Fruhwald Douglas $138,000 Guardian Title Company
Mcginnis Roger Robert -- --
Mcginnis Adriana Long -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawlings William A $126,375
Previous Owner Wright Diana $306,000
Previous Owner Fruhwald Douglas $120,000
Previous Owner Fruhwald Douglas $110,400
Previous Owner Mcginnis Roger Robert $90,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $168,500 +6.0% $171 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/11/2012 01/11/12 Price Changed $159,000 -5.9% $161 / Sq Ft
01/05/2012 01/05/12 Price Changed $169,000 -5.6% $171 / Sq Ft
12/29/2011 12/29/11 Price Changed $179,000 -5.3% $181 / Sq Ft
12/20/2011 12/20/11 For Sale $189,000 -- $191 / 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 $2,581 $211,639 $123,228 $88,411
2024 $2,581 $207,490 $120,812 $86,678
2023 $2,521 $203,422 $118,443 $84,979
2022 $2,470 $199,434 $116,121 $83,313
2021 $2,405 $195,524 $113,844 $81,680
2020 $2,382 $193,520 $112,677 $80,843
2019 $2,355 $189,726 $110,468 $79,258
2018 $2,320 $186,006 $108,302 $77,704
2017 $2,231 $182,359 $106,178 $76,181
2016 $2,189 $178,784 $104,096 $74,688
2015 $2,157 $176,099 $102,532 $73,567
2014 $2,112 $172,650 $100,524 $72,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S682617

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-25