NOT LISTED FOR SALE

700 E Lake Dr Unit 72 Orange, CA 92866

Estimated Value: $587,000 - $614,000

2 Beds
1 Bath
980 Sq Ft
$365/mo HOA Fee

Last Sold April 27, 2017

Last sale price $357,000 $364 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,915/month

5 Days on Market

Highlights

  • Spa
  • Creek or Stream View
  • Loft
  • No Units Above
  • Property is near a park
  • Beamed Ceilings

About This Home

As of April 2017

Gorgeous Morningside on the Lake Community located on the outskirts of Old Towne Orange. This wonderful unit features one bedroom on the main floor and a second loft bedroom upstairs with walk-in closet. The full bath with separate vanity area is conveniently located on the main floor. The living area with fireplace has an adjacent dining area. The neutral tones inside are accented by beautiful plantation shutters throughout that let loads of natural light in. Enjoy morning coffee or dining alfresco on the rear balcony with a wonderful view of the beautiful creek below. The kitchen boasts a breakfast bar, freestanding gas range & oven, dark cabinets and neutral counter-tops. The refrigerator, washer and dryer are included in the sale! This unit has everything today's condo buying is looking for with inside laundry, fireplace, central AC, great view, a 1-car garage PLUS a private carport. This private community features a huge lake with meandering paths throughout. A private gate separates the complex from Historic Hart Park, summer concerts at the Bandshell, tennis courts, baseball fields, tot lot and walking/biking trails. A short drive to Old Towne Orange for dining, shopping, Chapman University and the train station!

Last Agent to Sell the Property

Lisa Blanc

Seven Gables Real Estate License #01260813 Listed on: 04/05/2017

Seven Gables Real Estate

Last Buyer's Agent

Richard Morin

Seven Gables Real Estate License #01955316

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available

Home Design

  • Planned Development
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 980 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Fireplace With Gas Starter
  • Shutters
  • Sliding Doors
  • Living Room with Fireplace
  • Loft
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060472

Community Details

Overview

  • Morningside On The Lake Association, Phone Number (714) 508-9070

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

$365 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060472
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 980.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 364.29
  • Room Type: Living Room, Loft, Walk-In Closet
  • Spa Features: Association
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Vanity Area

Exterior Features

  • Patio: Yes
  • View: Creek/Stream
  • Patio And Porch Features: Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, 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: 365.00
  • Association Fee Frequency: Monthly
  • Association Name: Morningside On The Lake
  • Phone: 714-508-9070
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Planned Unit Development

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • 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
Mar 12, 2025
Sold by
Hartfiel Jiliane
Bought by
Drake Jeremy
Current Estimated Value
$603,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$477,534
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$119,803

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 17, 2017
Sold by
Zalman John P and Zalman Diane J
Bought by
Hartfiel Jiliane
Seller's Agent
Lisa Blanc
Seven Gables Real Estate
Buyer's Agent
Richard Morin
Seven Gables Real Estate
List Price
$349,000
Sold Price
$357,000
Premium/Discount to List
$8,000
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$285,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Esser Karen L
Bought by
Zalman John P and Zalman Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Esser Karen L
Bought by
Esser Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2001
Sold by
Esser Karen L
Bought by
Esser Karen L and Karen L Esser Family Trust

Purchase Details

Closed on
Jan 11, 2001
Sold by
Alvarado Silvia
Bought by
Esser Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
7.08%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Olszak Michael D
Bought by
Alvarado Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
7.05%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Albert Ramm Charles and Albert Linda L
Bought by
Olszak Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,600
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drake Jeremy $600,000 Chicago Title
Hartfiel Jiliane $357,000 First American Title Company
Zalman John P $360,000 Southland Title Corporation
Esser Karen L -- First American Title Co
Esser Karen L -- --
Esser Karen L $155,000 Fidelity National Title Ins
Alvarado Silvia $113,000 Orange Coast Title
Olszak Michael D $110,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Jeremy $480,000
Previous Owner Hartfiel Jiliane $285,600
Previous Owner Zalman John P $288,000
Previous Owner Esser Karen L $200,000
Previous Owner Esser Karen L $123,900
Previous Owner Alvarado Silvia $107,350
Previous Owner Olszak Michael D $106,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $357,000 +2.3% $364 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $349,000 -- $356 / 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 $4,682 $414,325 $331,567 $82,758
2024 $4,682 $406,201 $325,065 $81,136
2023 $4,577 $398,237 $318,691 $79,546
2022 $4,487 $390,429 $312,442 $77,987
2021 $4,364 $382,774 $306,316 $76,458
2020 $4,324 $378,850 $303,175 $75,675
2019 $4,271 $371,422 $297,230 $74,192
2018 $4,207 $364,140 $291,402 $72,738
2017 $3,777 $332,000 $233,194 $98,806
2016 $3,360 $292,000 $193,194 $98,806
2015 $3,046 $262,000 $163,194 $98,806
2014 $2,487 $209,000 $110,194 $98,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17070599

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-72