NOT LISTED FOR SALE

700 E Lake Dr Unit 52 Orange, CA 92866

Estimated Value: $550,000 - $739,000

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

Last Sold July 28, 2022

Last sale price $515,000 $607 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,058/month

21 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Property is near a park
  • No Units Above
  • Open Floorplan
  • High Ceiling

About This Home

As of July 2022

View life differently! Welcome to the community of Morningside on the Lake. Resort style living with pool, spa, and lush landscaping with mature trees. Enjoy the park-like setting from your very own patio that has ample space for patio furniture and entertaining. Water features include streams, ponds and bridges with accompanying wildlife. A covered carport located under the unit has a large storage closet. Guest parking is located right outside the unit. Upper end unit with no one living above or below and only one common wall. The over-sized master bedroom can accommodate a sitting area or desk and has a large walk-in closet with lots of storage space. In addition to the dining area adjacent to the kitchen, there is a space at the opposite end of the kitchen that would make a great home office, creating an opportunity for two people to work from home. There is an inside laundry closet with full size washer and dryer adjacent to the kitchen. Great location near the Santiago Creek Trail and Bike Path, Hart Park, Chapman University, Old Towne Orange, and lots of shopping, dining, and entertainment. Close access to the 22, 55, and 5 freeways.

Last Agent to Sell the Property

Karen Hamilton

StellarQuest Real Estate License #01029869 Listed on: 06/14/2022

Co-Listed By

Matthew Hamilton

StellarQuest Real Estate License #01881070

Last Buyer's Agent

Brett Coats

First Team Real Estate License #02067348

First Team Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Pond
  • Woods

Home Design

  • Turnkey
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 849 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Parking Available

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Palmyra Elementary School
  • Orange High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Open Patio
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060452
  • $358 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

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

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Zoning: CONDO
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060452
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 849.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 606.60
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • View: Pond, Trees/Woods
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Electric: Standard
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • 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: Sidewalks
  • Association Management: Optimum Professional Property Management

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Latitude Manual: 33.77793700

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
  • TaxOtherAnnualAssessmentAmount: 358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 6, 2022
Sold by
Anne Heinz Lee
Bought by
Stanley Cm Luke 401K Plan
Seller's Agent
Karen Hamilton
StellarQuest Real Estate
Buyer's Agent
Brett Coats
First Team Real Estate
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$613,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,073
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Jul 2, 2020
Sold by
Heinz Lee Anne M
Bought by
Heinz Lee Anne and Lee Anne Heinz Trust

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 4, 2020
Sold by
Heinz Dieter R
Bought by
Heinz Lee Anne M
Seller's Agent
Kimberly Zanon
eXp Realty of California Inc
Buyer's Agent
Karen Hamilton
StellarQuest Real Estate
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 28, 2020
Sold by
Neill Nicole O
Bought by
Heinz Lee Anne M
Seller's Agent
Kimberly Zanon
eXp Realty of California Inc
Buyer's Agent
Karen Hamilton
StellarQuest Real Estate
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 29, 2017
Sold by
Ostrand Amy
Bought by
Neill Nicole O
Seller's Agent
Nicole Fedorchek
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kimberly Zanon
eXp Realty of California Inc
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$323,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Angel Aileen P
Bought by
Osrand Amy

Purchase Details

Closed on
Aug 23, 2002
Sold by
Simmons Teri R and Somoya Teri R
Bought by
Angel Aileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
8.99%

Purchase Details

Closed on
Jul 16, 2000
Sold by
Langford Conrad and Langford Tami
Bought by
Somoya Teri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.75%

Purchase Details

Closed on
Apr 15, 1996
Sold by
Lefler Carl James and Lefler Norma Anne
Bought by
Conrad Langford Dean and Conrad Tami Lee

Purchase Details

Closed on
Oct 11, 1994
Sold by
Conti Mark and Huntsman Julie Ann
Bought by
Lefler Carl James and Lefler Norma Anne

Purchase Details

Closed on
Jan 11, 1994
Sold by
Conrad Langford Dean and Conrad Tami L
Bought by
Conti Mark
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
Stanley Cm Luke 401K Plan $515,000 Chicago Title
Heinz Lee Anne -- None Available
Heinz Lee Anne M -- Ticor Ttl Orange Cnty Branch
Heinz Lee Anne M $375,000 Ticor Ttl Orange Cnty Branch
Neill Nicole O $340,000 Landwood Title
Osrand Amy $165,500 Pacific Coast Title Company
Angel Aileen P $208,000 California Title Company
Simmons Teri R -- California Title Company
Somoya Teri R $129,000 Orange Coast Title
Conrad Langford Dean -- --
Lefler Carl James -- --
Conti Mark -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heinz Lee Anne M $300,000
Previous Owner Neill Nicole O $323,000
Previous Owner Angel Aileen P $187,200
Previous Owner Somoya Teri R $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $515,000 0.0% $607 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $515,000 -1.9% $607 / Sq Ft
06/14/2022 06/14/22 For Sale $525,000 +40.0% $618 / Sq Ft
03/03/2020 03/03/20 Sold $375,000 -1.3% $442 / Sq Ft View Prior Sale
01/23/2020 01/23/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $380,000 -2.6% $448 / Sq Ft
01/07/2020 01/07/20 Price Changed $390,000 -2.5% $459 / Sq Ft
12/09/2019 12/09/19 For Sale $399,900 +17.6% $471 / Sq Ft
05/02/2017 05/02/17 Sold $340,000 -2.6% $373 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $349,000 0.0% $383 / Sq Ft
04/20/2016 04/20/16 Rented $1,600 0.0% --
03/27/2016 03/27/16 For Rent $1,600 0.0% --
12/22/2015 12/22/15 Rented $1,600 -5.9% --
11/24/2015 11/24/15 For Rent $1,700 +6.3% --
10/19/2015 10/19/15 Rented $1,600 -5.9% --
10/19/2015 10/19/15 Under Contract -- -- --
09/25/2015 09/25/15 For Rent $1,700 0.0% --
12/06/2012 12/06/12 Sold $165,125 -2.9% $181 / Sq Ft View Prior Sale
10/06/2012 10/06/12 Price Changed $170,000 +3.0% $186 / Sq Ft
10/01/2012 10/01/12 For Sale $165,000 0.0% $181 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $165,000 -- $181 / 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 $5,942 $535,806 $447,497 $88,309
2024 $5,942 $525,300 $438,722 $86,578
2023 $5,810 $515,000 $430,119 $84,881
2022 $4,371 $386,462 $306,214 $80,248
2021 $4,250 $378,885 $300,210 $78,675
2020 $4,062 $360,810 $287,817 $72,993
2019 $4,011 $353,736 $282,174 $71,562
2018 $3,949 $346,800 $276,641 $70,159
2017 $2,157 $175,203 $103,295 $71,908
2016 $2,117 $171,768 $101,269 $70,499
2015 $2,086 $169,188 $99,747 $69,441
2014 $2,042 $165,874 $97,793 $68,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22126549

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-52