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Sold for $630,000
  • Listed by: Monarch Pacific Realty Inc. • Scott Olson • Contact: 949-212-6749
    Bought with: Keller Williams Legacy
    Tax assessed value
    $630,000

    22724 Madrid Dr, Lake Forest, CA 92630

    2beds
    1,020sqft
    Condominium
    Built in 1974
    -- sqft lot
    $640,700 Zestimate®
    $618/sqft
    $3,189 Estimated rent

    Home value

    $640,700

    $609,000 - $673,000

    $3,189/mo

    Zestimate® history
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    What's special

    Welcome to this Beautiful Turn-Key 2 bedroom condo located in the heart of Lake Forest. This home has been tastefully updated and has so much to offer. Features include: Direct access one car garage, Driveway for extra parking, Large outdoor patio, Spacious kitchen with with bar top, Dining area, Indoor laundry, Granite counter tops, Pantry, Stainless steel appliances, Large open living room, Tile Floors, Large bedrooms, Nice tiled shower with custom glass enclosure, Recessed lighting, New dishwasher, Newer convection range, Washer and Dryer, Ceiling fans and much much more.....HOA amenities include: Community pool, Children's pool, Showers, Basketball and sports court, guest parking. This property is centrally located to schools, parks, shops and the 5, 405 & 55 freeways. Easy access to the John Wayne airport, Irvine Spectrum and is a short drive to many beautiful beaches that south orange county has to offer. LOW TAXES! This is a must see.......

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Olson DRE #01215391 949-212-6749,

    Monarch Pacific Realty Inc.

    Bought with:

    Clinton Foshee, DRE #01996349

    Keller Williams Legacy

    Source: CRMLS,MLS#: OC24142024MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Kitchen, Laundry, Living Room, Pantry
    Bathroom
    • Features: Upgraded
    Kitchen
    • Features: Granite Counters, Updated Kitchen, Walk-In Pantry
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Refrigerator, Range Hood
    • Laundry: Inside
    Features
    • Breakfast Bar, Ceiling Fan(s), Granite Counters, Walk-In Pantry
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,020 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground floor
    • Patio & porch: Patio
    • Pool features: Community, Association
    • Spa features: None
    • Has view: Yes
    • View description: None
    Details
    • Parcel number: 93343071
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Features: Park, Pool
    • Subdivision: Rancho Viejo Condos Ii (Rv2)
    HOA
    • Has HOA: Yes
    • Amenities included: Sport Court, Insurance, Pool, Trash
    • HOA fee: $495 monthly
    • HOA name: Rancho Viejo Condos II
    • HOA phone: 949-330-6350
    Location
    • Region: Lake Forest

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $630,000
    • Annual tax amount: $6,564
    • Date on market: 7/11/2024
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    8/7/2024Sold$630,000+2.4%$618/sqft
    Source: CRMLS #OC24142024 Report a problem
    7/16/2024Pending sale$615,000$603/sqft
    Source: CRMLS #OC24142024 Report a problem
    7/11/2024Listed for sale$615,000+51.5%$603/sqft
    Source: CRMLS #OC24142024 Report a problem
    9/29/2020Sold$406,000-3.3%$398/sqft
    Source: CRMLS #OC20153395 Report a problem
    9/1/2020Pending sale$419,900$412/sqft
    Source: Coldwell Banker Realty #OC20153395 Report a problem
    7/31/2020Listed for sale$419,900$412/sqft
    Source: Coldwell Banker Realty #OC20153395 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,564 +46.6%$630,000 +48.4%
    2024$4,478 +2.4%$424,483 +2%
    2023$4,375 +1.8%$416,160 +2%
    2022$4,297 +2%$408,000 +2%
    2021$4,211 +76.4%$400,000 +70.8%
    2020$2,387 $234,183 +2%
    2019$2,387 +2.1%$229,592 +2%
    2018$2,338 +4.1%$225,091 +2%
    2017$2,246 $220,678 +2%
    2016$2,246 +1.7%$216,351 +1.5%
    2015$2,208 +3.6%$213,102 +2%
    2014$2,131 $208,928 +0.5%
    2013-- $207,984 +2%
    2012-- $203,906 +2%
    2011-- $199,908 +0.8%
    2010-- $198,414 -0.2%
    2009-- $198,887 +2%
    2008-- $194,988 +2%
    2007-- $191,165 +2%
    2006-- $187,417 +2%
    2005-- $183,743 +2%
    2004-- $180,141 +1.9%
    2003-- $176,840 +2%
    2002-- $173,373
    Find assessor info on the county website

    Neighborhood: 92630

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Santiago
    • Middle: Serrano
    • High: El Toro

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $640,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $640,700