NOT LISTED FOR SALE

Estimated Value: $387,000 - $466,000

1 Bed
1 Bath
734 Sq Ft
$474/mo HOA Fee

Last Sold September 06, 2023

Last sale price $410,000 $559 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,226/month

26 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Pond View
  • Newcomb Academy Rated A
  • Gated Community
  • 11.97 Acre Lot

About This Home

As of September 2023

Location, location, location! This bottom floor, single level, 1 bedroom unit has one of the best tranquil waterfall views in the complex. Did I mention it has 2 parking spots (one covered and one uncovered) and is conveniently located to the main entrance? You are definitely going to feel like you are on vacation here. Put your feet up and enjoy all The Lakes community has to offer. 2 pools, 2 spas, 2 tennis courts, clubhouse with pool tables and ping pong tables, BBQ area and fitness center. You will enjoy peaceful strolls through this gated community that has several lakes, trees, birds, frogs, turtles and fish. Jump on the Seal Beach Bike path for access to the beach just around the corner. Time-saving access to the 605 Freeway. Coffee shops, restaurants, El Dorado Park and Nature Center are just a short distance away.

Last Agent to Sell the Property

David Ness

United American Mtg Corp License #01225095 Listed on: 07/22/2023

Last Buyer's Agent

Melinda Elmer

Century 21 Masters License #01399946

Century 21 Masters

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Pond Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31801
  • Assessor Parcel Number 7235003145
  • $225 per year additional tax assessments

Community Details

Overview

  • 260 Units
  • El Dorado Lakes Condo Association, Phone Number (949) 716-3998
  • Powerstone Property Management HOA
  • The Lakes Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stackable washer/dryer, stove, refrigerator, microwave
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: The Lakes (TLK)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7235003145
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 734.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 558.58
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Pond, Water
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Gym/Ex Room, Clubhouse, Trash, Water
  • Association Fee: 474.00
  • Association Fee Frequency: Monthly
  • Association Name: El Dorado Lakes Condo Association
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Powerstone Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 521206.00
  • Lot Size Acres: 11.9652
  • Latitude Manual: 33.80976400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 521206.0000 Square Feet
  • Number Of Units In Community: 260
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5739.02
  • Tax Lot: 1
  • Tax Tract Number: 31801
  • TaxOtherAnnualAssessmentAmount: 225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 1995
Sold by
Ericson Lewis Anders
Bought by
Ericson Lewis A and Lewis A Ericson Living Trust
Current Estimated Value
$440,588
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
Ericson Lewis A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $410,000 +2.5% $559 / Sq Ft
09/06/2023 09/06/23 For Sale $400,000 -2.4% $545 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/17/2023 08/17/23 Off Market $410,000 -- --
08/14/2023 08/14/23 Price Changed $400,000 -12.9% $545 / Sq Ft
07/22/2023 07/22/23 For Sale $459,000 -- $625 / 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 $5,249 $418,200 $287,538 $130,662
2024 $5,249 $410,000 $281,900 $128,100
2023 $1,028 $62,626 $32,964 $29,662
2022 $955 $61,399 $32,318 $29,081
2021 $1,581 $112,944 $57,922 $55,022
2020 $864 $59,580 $31,361 $28,219
2019 $853 $58,413 $30,747 $27,666
2018 $820 $57,269 $30,145 $27,124
2016 $750 $55,047 $28,975 $26,072
2015 $723 $54,221 $28,540 $25,681
2014 $724 $53,159 $27,981 $25,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23130834

California Regional Multiple Listing Service (CRMLS)

APN: 7235-003-145