NOT LISTED FOR SALE

700 E Lake Dr Unit 27 Orange, CA 92866

Estimated Value: $557,000 - $632,000

2 Beds
1 Bath
980 Sq Ft
$350/mo HOA Fee

Last Sold June 17, 2019

Last sale price $412,500 $421 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,894/month

4 Days on Market

Highlights

  • Spa
  • Community Lake
  • Corian Countertops
  • Lake View
  • Wood Flooring
  • Balcony

About This Home

As of June 2019

Located at the beautiful Morningside on the Lake community this condominium is surrounded by nature. The property has been upgraded with wood and tile flooring, white kitchen cabinets, apron front sink and corian countertops. The master bedroom includes a walk-in closet and balcony. The upstairs loft has been enclosed to create a true second bedroom that is fully permitted (plans and permit available). The master bathroom includes a large vanity with granite countertop, tile flooring, and skylight. The relaxing back balcony includes a storage closet and the attic has been reinforced with additional plywood for even more storage space. The property includes a one car detached garage with electric door opener, as well as a additional parking spot and plenty of visitor parking. There is a community pool and spa, BBQ area with picnic tables to enjoy with friends and family. The home is located in walking distance to Hart park and old town orange, and conveniently located to the 22 freeway. More photos to come!

Last Agent to Sell the Property

Kendra Everett

Kendra Nicole Everett, Broker License #01869916 Listed on: 05/09/2019

Last Buyer's Agent

Mikhail Sergeyev

Esquire Real Estate License #01960572

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979 | Remodeled

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Lake
  • Woods
  • Meadow

Home Design

  • Wood Siding

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Balcony
  • Patio

Schools

  • Palmyra Elementary School
  • Yorba Linda Middle School

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060427

Community Details

Overview

  • 142 Units
  • Association Phone (714) 508-9070
  • Optimum Professional Property Management, Inc. HOA
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

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: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060427
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 980.00 Square Feet
  • Interior Amenities: Balcony, Corian Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 420.92
  • Room Type: Converted Bedroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Skylight(s)
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • View: Lake, Meadow, Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Phone: (714) 508-9070
  • Senior Community: No
  • Community Features: Lake
  • Association Management: Optimum Professional Property Management, Inc.

Schools

  • Elementary School: Palmyra
  • Middle Or Junior School: Yorba Linda
  • Elementary School #2: PALMYR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.77789100

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 142
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2020
Sold by
Bravo Sean Q and Bravo Kolbi Lynn
Bought by
Bravo Sean Q and Bravo Kolbi Lynn
Current Estimated Value
$592,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,155
Outstanding Balance
$375,472
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$217,193

Purchase Details

Listed on
May 9, 2019
Closed on
May 15, 2019
Sold by
Santana Abraham and Santana Eva M
Bought by
Bravo Sean and Bravo Kolbi
Seller's Agent
Kendra Everett
Kendra Nicole Everett, Broker
Buyer's Agent
Mikhail Sergeyev
Esquire Real Estate
List Price
$415,000
Sold Price
$412,500
Premium/Discount to List
-$2,500
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$421,368
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Mar 7, 2016
Closed on
Mar 18, 2016
Sold by
Digiambattista Scott and Digiambattista Rachel
Bought by
Santana Abraham and Santana Eva M
Seller's Agent
Mickey Link
Pellego, Inc.
Buyer's Agent
Samantha Lee
KW Executive
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$332,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2012
Closed on
Jan 10, 2013
Sold by
Goldberg Jeffrey
Bought by
Digiambattista Scott and Digiambattista Rachel
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Mickey Link
Pellego, Inc.
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%
Original Mortgage
$180,500
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Atherton Peter L and Atherton Julie
Bought by
Goldberg Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2005
Sold by
Atherton Peter and Atherton Julie
Bought by
Atherton Peter L and Atherton Julie

Purchase Details

Closed on
Oct 26, 2004
Sold by
Mearkle Kevin Lee and Mearkle Valinda Marie
Bought by
Atherton Peter and Atherton Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Quissini Valinda M
Bought by
Mearkle Kevin Lee and Mearkle Valinda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2000
Sold by
Ellen Shakespeare
Bought by
Qussini Valinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.38%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1995
Sold by
Seaver Irv and Seaver Anne
Bought by
Shakespeare Ellen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 1995
Sold by
Sotelo Jesus Ignacio and Sotelo Christine Johnston
Bought by
Seaver Irv and Seaver Anne
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
Bravo Sean Q -- First American Title Company
Bravo Sean $412,500 First American Title Company
Santana Abraham $350,000 Stewart Title Company
Digiambattista Scott $190,000 First American Title
Goldberg Jeffrey $379,000 Equity Title Company
Atherton Peter L -- First American Title
Atherton Peter $335,000 First American Title Co
Mearkle Kevin Lee -- Southland Title
Qussini Valinda M $140,000 American Title Co
Shakespeare Ellen A $112,000 Continental Lawyers Title Co
Seaver Irv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravo Sean Q $423,155
Closed Bravo Sean $421,368
Previous Owner Santana Abraham $332,500
Previous Owner Digiambattista Scott $180,500
Previous Owner Goldberg Jeffrey $349,000
Previous Owner Atherton Peter $234,500
Previous Owner Mearkle Kevin Lee $168,000
Previous Owner Qussini Valinda M $135,000
Previous Owner Shakespeare Ellen A $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2019 06/17/19 Sold $412,500 -0.6% $421 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $415,000 +18.6% $423 / Sq Ft
04/12/2016 04/12/16 Sold $350,000 0.0% $357 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $350,000 +84.2% $357 / Sq Ft
02/15/2013 02/15/13 Sold $190,000 +0.1% $195 / Sq Ft View Prior Sale
11/27/2012 11/27/12 For Sale $189,900 0.0% $195 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $189,900 -- $195 / 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 $5,157 $460,149 $369,235 $90,914
2024 $5,157 $451,127 $361,995 $89,132
2023 $5,042 $442,282 $354,897 $87,385
2022 $4,944 $433,610 $347,938 $85,672
2021 $4,807 $425,108 $341,115 $83,993
2020 $4,763 $420,750 $337,618 $83,132
2019 $4,271 $371,422 $294,608 $76,814
2018 $4,207 $364,140 $288,832 $75,308
2017 $4,036 $357,000 $283,168 $73,832
2016 $2,312 $197,643 $123,215 $74,428
2015 $2,277 $194,675 $121,364 $73,311
2014 $2,228 $190,862 $118,987 $71,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19105510

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-27