22754 Madrid Drive

22754 Madrid Drive in Lake Forest, CA was first built in 1974 and is 50 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 22754 Madrid Drive has 1,020 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 203 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 22754 Madrid Drive was last sold in Nov 17, 2016 for $338,000. According to our calculations, that's $331.37 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Sep 4, 2008. Current property owners are expected to pay $3,963 in taxes per year. The property on 22754 Madrid Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $377,045. To break that down further, the land itself was valued at $310,838. While improvements to the property were assessed at a total of $66,207. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.