22758 Madrid Dr, Lake Forest, CA 92630
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22758 Madrid Dr Lake Forest, CA 92630

$624,000 Sold Price as of 02/17/2023
  • 3 Beds
  • 2 Baths
  • 1,037 Sq.Ft.
Sold
$624,000 Sold Price as of 02/17/2023 Refinance Your Mortgage

Map preview of 22758 Madrid Dr, Lake Forest, CA 92630

Property Overview: 22758 Madrid Dr Lake Forest, CA has 3 bedrooms, 2 bathrooms, 1,037 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This one is it! The place is fully remodeled, it is something that you need to see and check out! The condo is right off El Toro Rd where it's easy to get to the freeway and get to anything you are looking. The condo has a garage for the unit and it's a rare 3 bed condo in Lake Forest. As you walk in the flooring you notice that is updated throughout the property with nice new baseboards, the paint is new and a great tone, the cabinets through the kitchen and bathrooms are updated! The kitchen has quartz counters and new appliances that pop when you look at them. As many condos as everyone knows are hard to come by with a garage this one is it! Something that should always be a must in SoCal is a perfect location and the location is prime! Come out to see it!

Listed by Peter McKernan | BRE #01968986 | Primary Partners
Last checked: 3 minutes ago | Last updated: February 18th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
--
HOA Dues
$400/mo
Year built
1974
Garage
1 Car
Property Type:
Condominium
Status
Sold
MLS#
OC22222591
City
Lake Forest
County
Orange
Time on Site
577 days

Property Details for 22758 Madrid Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: In Kitchen
  • Flooring: Laminate
  • Entry
Kitchen Information
  • Has Appliances
  • Gas Oven, Microwave, Water Heater
  • Quartz Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Attached Garage
Lot Information
  • Common Interest: Condominium
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 92
  • Parcel Number: 93343077
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Rancho Viejo HOA
  • Association Fee: $400 (Monthly)
  • Association Amenities: Pool
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Santiago
  • Elementary School: SANTIA
  • Middle/Junior High School: Serrano
  • Middle/Junior High School: SERRAN
  • 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: Take El Toro Rd East, the property will be on the left side after Jeronimo
Neighborhood Information
  • Community Features: Storm Drains, Street Lights
View more facts & features

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Sale History for 22758 Madrid Dr

Last sold for $624,000 on February 17th, 2023
  • February, 2023

  • Feb 17, 2023

    Date

    Sold

    CRMLS: OC22222591

    $624,000

    Price

  • Oct 14, 2022

    Date

    Active

    CRMLS: OC22222591

    $649,900

    Price

  • April, 2013

  • Apr 2, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 22758 Madrid Dr

Assessed Value (2020): $220,335
Year Land Value Improved Value Assessed Value
2020 $130,791 $89,544 $220,335

Home Value Compared to the Market

This property vs the competition

22758 Madrid Dr sold on February 17, 2023 for 55.97% 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 $607.43 per/sqft which puts the price per square foot 12.98% lower than the current median sale per square foot for the city of Lake Forest.

About 22758 Madrid Dr

Detailed summary of property

22758 Madrid Dr is a condominium that recently sold in Lake Forest, CA 92630. This condo offered 3 bedrooms, 2 bathrooms, roughly 1,037 living square feet, and sits on an approximately -- square foot lot. 22758 Madrid Dr was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner sold the property for $624,000. 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 55.97% 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 3081 Via Serena #D. This home does have a Homeowners Association and the monthly fee is $400 per month. While the average home in Lake Forest, CA is selling in 50 days, 22758 Madrid Dr has a days on market of 24 days. There are currently 145 homes for sale in the Lake Forest real estate market and 93 of them are single family homes while 49 of them are condos and 3 are townhomes. For more information on this home for sale at 22758 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 22758 Madrid Dr

Public county record property details
Beds
3
Baths
2
Year built
1974
Sq. Ft.
1,037
Lot Size
--
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
933-430-77

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
$1,275,000
Median List Price/Sq.Ft.
$644
Median Sold Price
$1,491,500
Median Sold Price/Sq.Ft.
$682
Total Inventory
115
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 22758 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.