tomo logo

$648,889

Beds
2
Baths
1.5
sq ft
1,020

22804 Malaga Way, Lake Forest, CA 92630

22804 Malaga Way

Lake Forest, CA 92630

  • 17 days on market
Welcome to this beautifully updated, turnkey corner-unit townhouse-style condo! Featuring 2 spacious bedrooms and 1.5 baths, this charming home offers modern comforts and timeless style, perfect for creating lasting memories. The heart of the home is the updated kitchen, which boasts bright white shaker cabinets with soft-close features, bronze hardware, white quartz countertops, and a classic subway tile backsplash. The Kraus sink and Samsung stainless steel appliances enhance functionality, while recessed lighting brightens the space. Step through the kitchen to a serene, covered patio—ideal for alfresco dining or relaxing in a tranquil outdoor setting. The living areas feature elegant maple hardwood flooring, complemented by hand-painted Talavera tiles on the stair risers, adding a unique and artistic touch. Upstairs, energy-efficient windows fill the two spacious bedrooms with natural light. The upgraded linen closet in the hallway ensures extra storage convenience. Both bathrooms have been thoughtfully remodeled. The half-bath downstairs includes quartz countertops and a modern cabinet, while the upstairs full bath features travertine tile flooring, a rimless glass shower, and a matching new cabinet. Practical upgrades continue with the stackable washer and dryer tucked neatly behind a custom barn door, plus a newer added pantry in the kitchen. Direct access to an oversized one-car garage and an additional assigned parking space complete the package. Centrally located near the 5 Freeway, The Orchard shopping center, and a variety of dining and retail options, this home combines convenience with a low tax rate and no Mello-Roos. This move-in-ready gem is waiting for you to call it home!

Details

Property type

Condominium

Est. home value

$649,884

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$637

Year built

1974

Monthly HOA fee

$495

Price History

12/05/2024
CRMLS

CRMLS #PW24244367

Listed
$648,889
+5.51%
08/24/2022
CRMLS

CRMLS #OC22158161

Sold
$615,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Sidewalks

High school district: 

Saddleback Valley Unified

Number of units in community: 

100

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$121,808
Asking price
$648,889
Closing costs (~8% of asking)
-$51,911
Est. remaining loan balance
-$475,170
Cash to seller
$121,808

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Zillow Home Loans Llc

Loan start date

July 2022

Original loan amount

$492,000

Est. remaining balance

$475,170

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Nikola Slobodan Todorovic

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/21/2024 at 9:20 PM

Listing updated: 12/16/2024 at 5:00 PM

Listed by: Darryl Valdez, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #PW24244367

CRMLS logo

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