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Backup Offers

700 E Lake Dr Unit 61, Orange, CA, 92866

$550,000

Home List Price

$6,531*

Closing Credit

1 Bedroom
1 Full Bath
810 SqFt
$679/SqFt
Condo
Schools Nearby

Location

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700 E Lake Dr Unit 61, Orange$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Carport, Detached Carport
Year Built1979
HeatingCentral
CoolingCentral Air
WaterfrontCreek, Pond
FireplaceLiving Room
ViewPond
MLS #PW24080505
StatusAccepting Backup Offers
(Active Under Contract)

About 700 E Lake Dr Unit 61

Welcome to the Morningside on the Lake Community. This hidden gem community in Orange, offers resort style living with pool, spa, and lush landscaping with mature trees. Water features include streams, ponds and bridges with accompanying wildlife. This two story, end unit, loft home sits right next to a beautiful pond and offers a serene atmosphere to rest and enjoy. Downstairs you have a kitchen, dining area and spacious living room with a cozy fireplace. You will enjoy ample sunlight and the large sliding door with picturesque views of the pond. The patio also has a storage closet that is home to the laundry room. Upstairs you will find the primary bedroom loft and the primary bath with mirrored closets, single vanity and separate tub/shower. As an additional bonus the home provides a one car covered carport. Great location near the Santiago Creek Trail and Bike Path, Hart Park, Chapman University, Old Towne Orange, and lots of shopping, dining, and entertainment. Close access to the 22, 55, and 5 freeways.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Stories: 2
  • Living Area: 810 SqFt

Listing Office:

  • Office Name: Major League Properties
  • Office Phone: (714) 412-1982
  • Listing Agent: Monica Cornelius

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Dryer, Washer
  • Flooring Type: Carpet, Laminate
  • Interior: Cathedral Ceiling(s), All Bedrooms Up, Loft
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek, Pond
  • View: Pond

Parking Information:

  • Parking: Assigned, Carport, Detached Carport

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Orange High School, Public Magnet Grades 9-12
  • Yorba Middle School, Public Magnet Grades 6-8
  • Palmyra Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $679/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,206
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Orange, CA.

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Orange, CA

City

Med. Sold Price

$990K

Med. Price/SqFt

$591

Avg. Days On Market

19

# of Sold Homes

63

700 E Lake Dr Unit 61 vs Orange

11 DAYS ON ROCKET

-8 Days

$550,000

-$440K Less

$679/SqFt

+$87 More

KEY TAKEAWAY

This property is $440K less than the Median Sold Price and $87/SqFt more than other homes in Orange, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24080505

Listing Office:

  • Office Name: Major League Properties
  • Office Phone: (714) 412-1982
  • Listing Agent: Monica Cornelius

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: 5/7/2024, 11:20:35 AM 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$2,206$183,551
2020$2,184$181,669
2019$2,125$178,107
2018$2,125$174,615
2017$2,043$171,192

History based on county public records data.

Payment Calculator

$3,163

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-7490779
8
/10

  • Palmyra Elementary School

  • 1325 E Palmyra Ave

  • 0.66 miles

  • Public District Grades KG-6

Middle School

school-card-donut-7490780
4
/10

  • Yorba Middle School

  • 935 N Cambridge St

  • 1.81 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-7490781
4
/10

  • Orange High School

  • 525 N Shaffer St

  • 1.28 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,279. The most common annual income of people living in Orange, CA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 E Lake Dr Unit 61

What is the listing price of this property?

The listing price of 700 E Lake Dr Unit 61 property is $550,000.

What type of property is this?

The property 700 E Lake Dr Unit 61 is a condo located in Orange, California, 92866.

Is this property for sale now?

Accepting Backup Offers: 700 E Lake Dr Unit 61 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 700 E Lake Dr Unit 61 are:
Palmyra Elementary School: GreatSchools Rating 8/10
Yorba Middle School: GreatSchools Rating 4/10
Orange High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,206 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 700 E Lake Dr Unit 61 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 E Lake Dr Unit 61 is 810 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 E Lake Dr Unit 61 is 1979.

Rocket Homes›California›Orange County›Orange›92866›700 E Lake Dr Unit 61

This home is located at 700 E Lake Dr Unit 61 in Orange, CA and zip code 92866. This 810 square foot home was built in 1979. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $550,000.

Over 41 listings were sold over their listed price in April 2024 in Orange, CA. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Orange, CA between March 2024 and April 2024 increased by 0.5%. The median list price of listings available in April 2024 was $990,037, while the average time on the real estate market was 19 days.

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

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