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22516 Formentor #7, Mission Viejo, CA 92692
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22516 Formentor #7 Mission Viejo, CA 92692

$3,900 Leased Price as of 05/26/2023
  • 2 Beds
  • 1 Baths
  • 1,286 Sq.Ft.
Leased
$3,900 Leased Price as of 05/26/2023 Refinance Your Mortgage
Map preview of 22516 Formentor #7, Mission Viejo, CA 92692

Property Overview: 22516 Formentor #7 Mission Viejo, CA has 2 bedrooms, 1 bathrooms, 1,286 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: JUST ABOUT AS GOOD AS IT GETS!! Imagine yourself living on the Lake Front in Beautiful Mission Viejo. Then imagine yourself living in one of only 6, single level, lake front homes with a street level entry and absolutely no one living above. What if you could see from end to end of the lake? From your vantage point, you will literally be looking down upon the Private Mallorca Beach with its Designated Swimming Area, 14 Picnic Tables, Restrooms, Bar-b-q's, Cabana, Sandy Area, Loading Dock and Paddle Board Drydock Storage Area. Sprinkle in Panoramic Views that include the sights and sounds of activity on Lake Mission Viejo, City Lights, Saddleback Mountain, North Beach, East Beach and the Oak Preserve and you begin to get the idea. HOA Amenities include a 24/7 Manned Gate, 2 Pools, 2 Spas, a Fishing Dock, 72 Boat Docks and that amazing Private Beach. Your next home is a "Contessa" Plan featuring a huge Rear Viewing Deck, 2 beds, 2 baths, a 2 car detached garage, 8 foot ceilings and it is an End Unit. Thanks to the 2 sets of Sliding Doors and 2 sets of windows, the view from front door is almost overpowering. Of course, Lake Membership is provided by the Landlords allowing you to Boat, Swim, Fish, Enjoy the Concerts, and Participate in the many North Beach Lake Events, should you so desire. Why wait? Come take a look and you just may find yourself asking, "What did I do to deserve all this?"

Listed by Steven Ruiz | BRE #01073207 | Regency Real Estate Brokers
Last checked: 5 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 185

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1979
Garage
2 Car
Property Type:
Condominium
Status
Leased
MLS#
OC22244965
City
Mission Viejo
County
Orange
Time on Site
613 days

Property Details for 22516 Formentor #7

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas Starter
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room
  • Flooring: Carpet, Tile
  • Dressing Area, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 1
Interior Features
  • Unfurnished
  • Levels: One
  • Window Features: Screens
  • Security Features: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile, Tar/Gravel
  • Has Fence
  • Wrought Iron
  • Has Spa
  • Spa Features: Association, Gunite, Heated, In Ground
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Filtered, Gunite, Heated, Gas Heat, In Ground
  • Covered, Deck
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener
  • No Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac
Property Information
  • Has View
  • View: City Lights, Hills, Lake, Mountain(s), Panoramic, Park/Greenbelt, Trees/Woods, Water
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Total # of Units: 5
  • Parcel Number: 93196407
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 2
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: none
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Guard
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Capistrano Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Mallorca Condos (MQ)
  • Directions: Enter gate at Formentor and proceed past Inca. Home is on the right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Lake, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Mission Viejo Agent

Sale History for 22516 Formentor #7

Last leased for $3,900 on May 26th, 2023

  • May, 2023

  • May 26, 2023

    Date

    Leased

    CRMLS: OC22244965

    $3,900

    Price

  • Nov 21, 2022

    Date

    Active

    CRMLS: OC22244965

    $3,900

    Price

  • September, 2018

  • Sep 27, 2018

    Date

    Leased

    CRMLS: OC18195464

    $3,600

    Price

  • Aug 11, 2018

    Date

    Active

    CRMLS: OC18195464

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Very rare waterfront, entry level location with no one living above. There are only 6 of these in the universe and this one is for lease. You will ask yourself what you did to deserve this. Fabulous lake view, view of North Beach, View of Mallorca Beach, mountain view, city light view and panoramic view. Gate guarded community with 2 pools, 2 spas, its own private beach and boat docks. This "Contessa" plan has 2 bedrooms, 2 bathrooms, a detached 2 car garage and a large wrap around balcony to allow you to enjoy Lake Mission Viejo at its best.

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Tax History for 22516 Formentor #7

Assessed Value (2020): $354,585
Year Land Value Improved Value Assessed Value
2020 $166,057 $188,528 $354,585

Home Value Compared to the Market

This property vs the competition

22516 Formentor #7 has recently been leased in the city of Mission Viejo. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Mission Viejo has a median list price of $1,195,000. The median price per/sqft for Mission Viejo is $645. With those numbers in mind, if you are looking to purchase a median priced home in Mission Viejo, CA and put 20% down you will need to save up $239,000 for the down payment and will need roughly $23,900 for closing costs on top of the down payment.

About 22516 Formentor #7

Detailed summary of property

22516 Formentor #7 is a condominium that was recently leased in Mission Viejo, CA 92692. This condo offered 2 bedrooms, 1 bathrooms, roughly 1,286 living square feet, and sits on an approximately -- square foot lot. 22516 Formentor #7 was first listed on ArdentRealEstateGroup.com on November 21, 2022. The homeowner leased the property for $3,900. While the average home in Mission Viejo, CA is selling in 35 days, 22516 Formentor #7 has a days on market of 185 days. There are currently 199 homes for sale in the Mission Viejo real estate market and 149 of them are single family homes while 44 of them are condos and 6 are townhomes. Local homes that are currently for sale include 264 Borrego, 4012 Calle Sonora Oeste #1B and 24946 Via Denise. For more information on this home for lease at 22516 Formentor #7 Mission Viejo, CA 92692 contact Ardent Real Estate Group and we will put you in touch with one of our Mission Viejo agents.

Public Facts for 22516 Formentor #7

Public county record property details
Beds
2
Baths
2
Year built
1979
Sq. Ft.
1,221
Lot Size
--
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
931-964-07

The source for these homes facts are from public records.

92692 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,125,000
Median List Price/Sq.Ft.
$644
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
108
Median Sale to List Price %
97.62%
Avg Days on Market
14
Loan Type
Conventional (35.19%), FHA (3.7%), VA (0%), Cash (38.89%), Other (22.22%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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