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Sold for $685,000
  • Listed by: Regency Real Estate Brokers • Jordan Bennett • Contact: 949-282-9381
    Bought with: Compass
    $685,000

    22778 Madrid Dr, Lake Forest, CA 92630

    3beds
    1,033sqft
    Condominium
    Built in 1974
    -- sqft lot
    $694,300 Zestimate®
    $663/sqft
    $3,588 Estimated rent

    Home value

    $694,300

    $646,000 - $750,000

    $3,588/mo

    Zestimate® history
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    What's special

    Water-conscious landscapingTranquil retreatGreenbelt locationPrimary bedroom suiteSparkling quartz countertopsWell-designed floor planNew stainless-steel appliances
    Prepare to fall in love with this beautifully updated and improved single level end unit with gorgeous new upgrades throughout! This beauty lives like a single-family residence with a highly desirable greenbelt location ideally situated in the Rancho Viejo Condos community within walking distance of local schools, dining, shopping, and recreation. Step inside and soak in the light filled freshly painted interior with scraped ceilings and sleek luxury vinyl plank flooring, all setting the stage for an ideal living environment. The spacious living area opens to the dining room with direct access to the enclosed patio creating a superb indoor-outdoor living space. The light and bright Kitchen has been beautifully updated with new white shaker cabinetry, sparkling Quartz countertops, new Stainless pull-down faucet, new disposal, new Stainless-Steel appliances including a new oven with gas cooktop, over-stove external vented microwave, a new dishwasher, and an abundance of storage and countertop space. The primary bedroom suite is a tranquil retreat which includes a private updated bathroom with new vanity lighting and a newly re-glazed walk-in shower. This well-designed floor plan also includes two spacious secondary bedrooms, an updated full guest bathroom, linen cupboards, and a large laundry closet with shelving and hookups for full size washer and gas dryer. Additional improvements include newer Water Heater installed in Nov 2022, Furnace motor replaced 2024, AC Capacitor replaced 2024, and repiped with Pex Plumbing in 2019. The prized fully enclosed outdoor patio is a private oasis with water-conscious landscaping, new outdoor lighting, and vinyl fencing, a perfect space for relaxing and entertaining with friends and family. 1 Car garage included with built-in storage shelving, a new garage door opener installed in 2019, plus an additional uncovered assigned parking space located directly in front of the garage. This home is conveniently located just steps away from the community pool area and basketball courts. Close to local parks, schools, Orchard Shopping Center, easy 5 Frwy access, and just minutes from local beaches!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Bennett DRE #01850869 949-282-9381,

    Regency Real Estate Brokers

    Bought with:

    Ashley Le, DRE #01719003

    Compass

    Source: CRMLS,MLS#: OC24223738MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Full Bath on Main Level, Linen Closet, Quartz Counters, Separate Shower, Tub Shower, Upgraded, Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Quartz Counters, Remodeled, Updated Kitchen
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Microwave, Range Hood
    • Laundry: Gas Dryer Hookup, Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
    • Flooring: Carpet, Tile, Vinyl
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
    Interior area
    • Total interior livable area: 1,033 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Garage, One Space
    • Garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Enclosed, Patio
    • Pool features: Community, Association
    • Spa features: None
    • Fencing: Vinyl
    • Has view: Yes
    • View description: Park/Greenbelt, Trees/Woods
    Lot
    • Features: Corner Lot, Greenbelt, Yard
    Details
    • Parcel number: 93343085
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Spanish
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Stucco
    • Roof: Spanish Tile
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1974
    Details
    • Builder model: Plan A
    • Builder name: Levitt-West Inc

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Hiking, Sidewalks, Pool
    • Subdivision: Rancho Viejo Condos Ii (Rv2)
    HOA
    • Has HOA: Yes
    • Amenities included: Sport Court, Maintenance Grounds, Maintenance Front Yard, Picnic Area, Pool, Spa/Hot Tub
    • 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: $663/sqft
    • Tax assessed value: $303,671
    • Annual tax amount: $3,249
    • Date on market: 10/31/2024
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/9/2025Sold$685,000+1.5%$663/sqft
    Source: CRMLS #OC24223738 Report a problem
    11/19/2024Pending sale$675,000$653/sqft
    Source: CRMLS #OC24223738 Report a problem
    11/9/2024Contingent$675,000$653/sqft
    Source: CRMLS #OC24223738 Report a problem
    10/31/2024Listed for sale$675,000+186%$653/sqft
    Source: CRMLS #OC24223738 Report a problem
    11/19/2008Sold$236,000-9.5%$228/sqft
    Source: Public Record Report a problem
    8/19/2008Sold$260,847-40.6%$253/sqft
    Source: Public Record Report a problem
    12/7/2005Sold$439,000+79.2%$425/sqft
    Source: Public Record Report a problem
    1/15/2003Sold$245,000+210.1%$237/sqft
    Source: Public Record Report a problem
    6/3/1996Sold$79,000-36.3%$76/sqft
    Source: Public Record Report a problem
    2/20/1996Sold$124,078$120/sqft
    Source: Public Record Report a problem
    9/6/1995Sold$124,078$120/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,249 +3.7%$303,671 +2%
    2024$3,134 +2.4%$297,717 +2%
    2023$3,061 +1.8%$291,880 +2%
    2022$3,007 +2%$286,157 +2%
    2021$2,947 +0.9%$280,547 +1%
    2020$2,921 $277,671 +2%
    2019$2,921 +2%$272,227 +2%
    2018$2,862 +4%$266,890 +2%
    2017$2,753 $261,657 +2%
    2016$2,753 +1.7%$256,527 +1.5%
    2015$2,708 +3.5%$252,674 +2%
    2014$2,617 $247,725 +23.9%
    2013-- $200,000 -9.6%
    2012-- $221,144 -6%
    2011-- $235,260
    2010-- $235,260 -0.2%
    2009-- $235,820 -29.1%
    2008-- $332,500 -25.7%
    2007-- $447,780 +2%
    2006-- $439,000 +72.5%
    2005-- $254,565 +2%
    2004-- $249,574 +175.4%
    2003-- $90,611 +2%
    2002-- $88,835 +2%
    2001$846 +1.5%$87,094 +2%
    2000$833 $85,387
    Find assessor info on the county website

    Neighborhood: 92630

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Santiago
    • Middle: Serrano Intermediate
    • 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
    $694,300
    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
    $694,300