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Backup Offers

22738 Madrid Dr, Lake Forest, CA, 92630

$659,900

Home List Price

$7,836*

Closing Credit

3 Bedrooms
2 Full Baths
1,037 SqFt
$636/SqFt
Condo
Schools Nearby

Location

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22738 Madrid Dr, Lake Forest$659,900

Buyer Closing Credits

$7,836*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1974
CoolingCentral Air
FireplaceNone
ViewNeighborhood
MLS #OC24091282
StatusAccepting Backup Offers
(Active Under Contract)

About 22738 Madrid Dr

Step into this delightful three-bedroom, two-bathroom end unit condominium located in the serene Rancho Viejo complex in Lake Forest. Positioned conveniently on the ground level, this condo has no one above or below them. Upon entry, natural light floods the inviting living room, complemented by a convenient downstairs bathroom. The living space seamlessly flows into a well-appointed kitchen and dining area. Sliding glass doors off the dining space lead to your own secluded patio, perfect for hosting gatherings or unwinding after a busy day. Inside, discover a laundry room with built-in shelving. Down the hall you will discover three generously sized bedrooms along with 2 bathrooms. The meticulously manicured grounds, overseen by the HOA, provide amenities such as access to the community pool, spa, and outdoor grass areas. Conveniently located within the Rancho Viejo community, this condo is less than a mile from golf, shopping, dining, and entertainment options, with easy freeway access

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,037 SqFt

Listing Office:

  • Office Name: Brenden Felix
  • Office Email: brendenfelix@yahoo.com
  • Listing Agent: Brenden Felix

Interior Features

Interior Information:

  • Interior: All Bedrooms Down, Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • El Toro High School, Public Magnet Grades 9-12
  • Serrano Intermediate School, Public Magnet Grades 7-8
  • Santiago Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Off of El Toro & Toledo Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $659,900
  • Price Per SqFt: $636/SqFt

HOA Fees:

  • Amount: $495
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $681
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Forest, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$612

Avg. Days On Market

21

# of Sold Homes

58

22738 Madrid Dr vs Lake Forest

11 DAYS ON ROCKET

-10 Days

$659,900

-$490.1K Less

$636/SqFt

+$24 More

KEY TAKEAWAY

This property is $490.1K less than the Median Sold Price and $24/SqFt more than other homes in Lake Forest, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24091282

Listing Office:

  • Office Name: Brenden Felix
  • Office Email: brendenfelix@yahoo.com
  • Listing Agent: Brenden Felix

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 3:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$681$70,947
2020$673$70,220
2019$645$68,844
2018$646$67,495
2017$631$66,172

History based on county public records data.

Payment Calculator

$3,856

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,045

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3816765
5
/10
  • Santiago Elementary School

  • 24982 Rivendell Dr

  • 0.38 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3816766
6
/10
  • Serrano Intermediate School

  • 24642 Jeronimo Rd

  • 0.93 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-3816767
7
/10
  • El Toro High School

  • 25255 Toledo Way

  • 0.32 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,978. The most common annual income of people living in Lake Forest, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22738 Madrid Dr

What is the listing price of this property?

The listing price of 22738 Madrid Dr property is $659,900.

What type of property is this?

The property 22738 Madrid Dr is a condo located in Lake Forest, California, 92630.

Is this property for sale now?

Accepting Backup Offers: 22738 Madrid Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 22738 Madrid Dr are:
Santiago Elementary School: GreatSchools Rating 5/10
Serrano Intermediate School: GreatSchools Rating 6/10
El Toro High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $681 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 22738 Madrid Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 22738 Madrid Dr is 1,037 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22738 Madrid Dr is 1974.

Rocket HomesCaliforniaOrange CountyLake Forest9263022738 Madrid Dr

This home is located at 22738 Madrid Dr in Lake Forest, CA and zip code 92630. This 1,037 square foot home was built in 1974. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $659,900.

Lake Forest, CA housing market in April 2024 saw over 37 listings sold above listed price, more than 5 sold at listed price and over 16 sold below. The inventory of homes for sale in Lake Forest, CA between March 2024 and April 2024 decreased by 11.9%. In April 2024 median list price was $1,150,000 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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