NOT LISTED FOR SALE

700 E Lake Dr Unit 81 Orange, CA 92866

Estimated Value: $510,918 - $692,000

1 Bed
1 Bath
768 Sq Ft
$365/mo HOA Fee

Last Sold March 09, 2017

Last sale price $309,900 $404 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,708/month

12 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Laundry Room
  • Creek or Stream View
  • Concrete Porch or Patio
  • Community Barbecue Grill

About This Home

As of March 2017

WELCOME TO THE VERY SOUGHT AFTER MORNINGSIDE ON THE LAKE. THESE HOMES ARE RARELY ON THE MARKET. THIS COZY ONE BEDROOM UNIT IS GROUND LEVEL ENTRY AND ALL ONE LEVEL. YOU CAN HEAR THE STREAM AS YOU SIT ON NEWLY REPLACED CONCRETE PATIO. BEAUTIFUL LAMINATE FLOORING IN KITCHEN AND ENTRY. FIREPLACE IN LIVINGROOM. FULL SIZE LAUNDRY HOOK UP INSIDE. CENTRAL AIR CONDITIONING. JUST A SHORT DISTANCE TO THE TRAFFIC CIRCLE IN ORANGE. MORNINGSIDE ON THE LAKE OFFERS POOL, SPA, PICNIC AREA WITH BBQS. THERE IS A PRIVATE GATE TO HIKING TRAILS AND HART PARK. FREEWAY CLOSE TO EVERYTHING RIGHT IN THE HEART OF ORANGE COUNTY.

Last Agent to Sell the Property

Mark Jones

First Olympic Realty Inc License #01250265 Listed on: 01/25/2017

Last Buyer's Agent

John Cirignani

Legacy 15 Real Estate Brokers License #01280684

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Zero Lot Line

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Creek or Stream Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Outdoor Features

  • Spa
  • Concrete Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060481

Community Details

Overview

  • Optimum Management Association, Phone Number (714) 508-9070

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060481
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 768.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 403.52
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Creek/Stream
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 212
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Dues Paid Monthly
  • Association Fee: 365.00
  • Association Fee Frequency: Monthly
  • Association Name: OPTIMUM MANAGEMENT
  • Phone: 714-508-9070
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line

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

Listed on
Jan 25, 2017
Closed on
Feb 20, 2017
Sold by
Jenkins Charles W and Jenkins Cindy
Bought by
Cedarstram Roy and Cedarstram Mary Hess
Seller's Agent
Mark Jones
First Olympic Realty Inc
Buyer's Agent
John Cirignani
Legacy 15 Real Estate Brokers
List Price
$309,900
Sold Price
$309,900
Current Estimated Value
$572,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,830
Avg. Annual Appreciation
7.22%
Original Mortgage
$247,900
Outstanding Balance
$205,194
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$367,537

Purchase Details

Closed on
Jun 9, 2010
Sold by
Bauer Cathy
Bought by
Jenkins Charles W and Garcia Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,990
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2001
Sold by
Bortner Jayne M
Bought by
Bauer Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.37%
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
Cedarstram Roy $310,000 Pacific Coast Title Company
Jenkins Charles W $175,000 Ticor Title Company
Bauer Cathy $140,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedarstram Roy $247,900
Previous Owner Jenkins Charles W $169,990
Previous Owner Bauer Cathy $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $309,900 0.0% $404 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $309,900 -- $404 / 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 $4,116 $359,662 $289,153 $70,509
2024 $4,116 $352,610 $283,483 $69,127
2023 $4,023 $345,697 $277,925 $67,772
2022 $3,943 $338,919 $272,475 $66,444
2021 $3,836 $332,274 $267,132 $65,142
2020 $3,800 $328,867 $264,392 $64,475
2019 $3,754 $322,419 $259,208 $63,211
2018 $3,698 $316,098 $254,126 $61,972
2017 $2,343 $193,181 $125,613 $67,568
2016 $2,299 $189,394 $123,150 $66,244
2015 $2,266 $186,550 $121,301 $65,249
2014 $2,218 $182,896 $118,925 $63,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17015951

California Regional Multiple Listing Service (CRMLS)

APN: 930-604-81