22734 Madrid Dr, Lake Forest, CA 92630
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22734 Madrid Dr Lake Forest, CA 92630

$565,000 Sold Price as of 02/09/2022
  • 2 Beds
  • 1.5 Baths
  • 1,020 Sq.Ft.
Sold
$565,000 Sold Price as of 02/09/2022 Refinance Your Mortgage

Map preview of 22734 Madrid Dr, Lake Forest, CA 92630

Property Overview: 22734 Madrid Dr Lake Forest, CA has 2 bedrooms, 1.5 bathrooms, 1,020 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful two story Lake Forest condo for under $500,000. This home features 2 large bedrooms located upstairs with remodeled bathrooms featuring quartz counter tops. This lovely home features a remodeled kitchen with white shaker cabinets and quartz counter tops. One of the best features of this home is the attached single car garage with direct access which is a rarity in this community. You also have 1 driveway parking spot and one assigned parking spot right next to the home. This is an extremely rare scenario. Come see one of the lowest price condos available in Lake Forest. You have to hurry this won't last.

Listed by Sergio Olvera | BRE #01784239 | Active Realty
Last checked: 11 minutes ago | Last updated: February 10th, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
--
HOA Dues
$360/mo
Year built
1974
Garage
1 Car
Property Type:
Condominium
Status
Sold
MLS#
IG22008125
City
Lake Forest
County
Orange
Time on Site
853 days

Property Details for 22734 Madrid Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • Flooring: Carpet, Laminate
  • All Bedrooms Up
Kitchen Information
  • Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wood
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Covered, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 1
  • Parcel Number: 93343075
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Rancho Viejo HOA
  • Association Fee: $360 (Monthly)
  • Association Amenities: Pool
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: El Toro
  • High School: ELTOR
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Rancho Viejo Condos II (RV2)
  • Directions: El Toro to Toledo Way to Madrid Dr
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 22734 Madrid Dr

Last sold for $565,000 on February 9th, 2022
  • February, 2022

  • Feb 9, 2022

    Date

    Sold

    CRMLS: IG22008125

    $565,000

    Price

  • Jan 15, 2022

    Date

    Active

    CRMLS: IG22008125

    $499,900

    Price

  • March, 2017

  • Mar 3, 2017

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 22734 Madrid Dr

Assessed Value (2020): $371,422
Year Land Value Improved Value Assessed Value
2020 $309,507 $61,915 $371,422

Home Value Compared to the Market

This property vs the competition

22734 Madrid Dr sold on February 9, 2022 for 65.05% lower than the current median sold price for the city of Lake Forest which is $1,430,477. The median sold price per/sqft for Lake Forest is $698 and this home is sold at $490.1 per/sqft which puts the price per square foot 29.79% lower than the current median sale per square foot for the city of Lake Forest.

About 22734 Madrid Dr

Detailed summary of property

22734 Madrid Dr is a condominium that recently sold in Lake Forest, CA 92630. This condo offered 2 bedrooms, 1.5 bathrooms, roughly 1,020 living square feet, and sits on an approximately -- square foot lot. 22734 Madrid Dr was first listed on ArdentRealEstateGroup.com on January 15, 2022. The homeowner sold the property for $565,000. Home in Lake Forest are selling for a median price of $1,430,477 and a median price per square foot of $698. Based on Ardent Real Estate Group's Lake Forest Market Data, this home is sold 65.05% lower than the current median priced home. Local homes that are currently for sale include 20702 El Toro Rd #98, 20702 El Toro Rd #128 and 3123 Via Serena #O. This home does have a Homeowners Association and the monthly fee is $360 per month. While the average home in Lake Forest, CA is selling in 52 days, 22734 Madrid Dr has a days on market of 2 days. There are currently 142 homes for sale in the Lake Forest real estate market and 90 of them are single family homes while 47 of them are condos and 5 are townhomes. For more information on this home for sale at 22734 Madrid Dr Lake Forest, CA 92630 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Forest agents.

Public Facts for 22734 Madrid Dr

Public county record property details
Beds
2
Baths
1
Year built
1974
Sq. Ft.
1,020
Lot Size
--
Stories
2
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
933-430-75

The source for these homes facts are from public records.

92630 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,298,000
Median List Price/Sq.Ft.
$643
Median Sold Price
$1,491,500
Median Sold Price/Sq.Ft.
$682
Total Inventory
107
Median Sale to List Price %
99.57%
Avg Days on Market
28
Loan Type
Conventional (51.92%), FHA (1.92%), VA (0%), Cash (30.77%), Other (15.38%)

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Related Resources to 22734 Madrid Dr

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.