NOT LISTED FOR SALE

700 E Lake Dr Orange, CA 92866

Estimated Value: $538,000 - $717,000

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

Last Sold July 02, 2020

Last sale price $369,000 $456 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,813/month

68 Days on Market

Highlights

  • No Units Above
  • Neighborhood Views
  • Outdoor Cooking Area
  • Community Lake
  • Community Pool
  • Breakfast Bar

About This Home

As of July 2020

Welcome home to this cozy and tranquil 1 bedroom loft condo tucked away in the highly desired MORNINGSIDE ON THE LAKE community. Recently upgraded throughout, this unit boasts high ceilings, lots of windows, and is complete with a fireplace! Unit features private laundry/additional storage located on the back patio, as well as 2 carport spaces. HOA includes access to pool, jacuzzi, BBQ area, car washing area, and easy access to walking/bikes trails. This is a wonderful opportunity for someone to either live in or invest in Morningside on the Lake, so do not miss out!!! Conveniently located just minutes away from Old Towne Orange, schools, hospitals, shopping, and easy access to freeways.

*Possession subject to end of current lease.

Last Agent to Sell the Property

John Aust

John Aust, Broker License #00683691 Listed on: 03/22/2020

Last Buyer's Agent

Lisa Bayley

HomeSmart, Evergreen Realty License #01348658

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 810 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Neighborhood Views
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10566
  • Assessor Parcel Number 93060511

Community Details

Overview

  • 142 Units
  • Morningside On The Lake Association, Phone Number (714) 508-9070
  • Optimum HOA
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Morningside On The Lake (MSLK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93060511
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 810.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 455.56
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Outside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Biking Trails
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Morningside on the Lake
  • Phone: 7145089070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Lake, Sidewalks, Storm Drains, Street Lights
  • Association Management: Optimum

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
May 28, 2020
Sold by
Hendry Paul C and Hendry Cristi B
Bought by
Acosta Susana
Seller's Agent
John Aust
John Aust, Broker
Buyer's Agent
Lisa Bayley
HomeSmart, Evergreen Realty
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$588,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,457
Avg. Annual Appreciation
8.89%
Original Mortgage
$350,550
Outstanding Balance
$310,736
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$277,721

Purchase Details

Closed on
Jun 19, 2017
Sold by
Sukumar Manohar and Sukumar Sujatha
Bought by
Hendry Paul C and Hendry Cristi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Sukumar Govindaraghavan
Bought by
Sukumar Sujatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,777
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2014
Sold by
Lim Geum Sook and Lim Johng Moon
Bought by
Sukumar Manohar and Sukumar Sujatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,777
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Lim Geum Sook and Lim Johng Moon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Gonzalez Judith
Bought by
Hsbc Bank Usa Na and The Asset Backed Pass Through Certificat

Purchase Details

Closed on
Nov 4, 2004
Sold by
Vandoleweerd John and Vandoleweerd Libier
Bought by
Gonzalez Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Strain Robert L and Le Thanh Ha Thi
Bought by
Siddons Jason S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 1, 2001
Sold by
French William D
Bought by
Vandoleweerd John and Vandoleweerd Libier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,625
Interest Rate
7.15%

Purchase Details

Closed on
May 8, 2001
Sold by
French Katherine D
Bought by
French William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,625
Interest Rate
7.15%
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
Acosta Susana $369,000 Chicago Title Company
Hendry Paul C $340,000 North American Title Co
Sukumar Sujatha -- Orange Coast Title
Sukumar Manohar $222,500 Orange Coast Title
Lim Geum Sook $163,000 Landsafe Title
Hsbc Bank Usa Na $283,500 None Available
Gonzalez Judith $292,000 Southland Title
Siddons Jason S $162,000 Orange Coast Title Company
Vandoleweerd John $137,500 Commonwealth Land Title Co
French William D -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Susana $350,550
Previous Owner Hendry Paul C $272,000
Previous Owner Sukumar Sujatha $177,777
Previous Owner Sukumar Manohar $10,750
Previous Owner Lim Geum Sook $130,200
Previous Owner Gonzalez Judith $233,600
Previous Owner Siddons Jason S $112,000
Previous Owner Vandoleweerd John $141,625
Closed Gonzalez Judith $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $369,000 0.0% $456 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $369,000 -- $456 / 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 $4,454 $399,416 $335,046 $64,370
2024 $4,454 $391,585 $328,477 $63,108
2023 $4,352 $383,907 $322,036 $61,871
2022 $4,265 $376,380 $315,722 $60,658
2021 $4,147 $369,000 $309,531 $59,469
2020 $4,135 $360,810 $304,884 $55,926
2019 $4,085 $353,736 $298,906 $54,830
2018 $4,023 $346,800 $293,045 $53,755
2017 $2,772 $234,719 $176,071 $58,648
2016 $2,720 $230,117 $172,618 $57,499
2015 $2,680 $226,661 $170,025 $56,636
2014 $2,095 $170,966 $106,376 $64,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20061018

California Regional Multiple Listing Service (CRMLS)

APN: 930-605-11