Reduced Yet Desirable Condos in Orange
Condos can be a great buy for buyers that can’t quite afford the dream house. We own a condo in San Diego and rent someone’s up here, so I know the benefits (and drawbacks) of condo living. The key is to find end units or townhomes that limit exposure to neighbors. Also, be sure to look at monthly HOA fees before you even go look at a place. The last thing you want to do is to sit down with your loan officer after your offer has been accepted and realize you can afford a $2,000 payment, but not the extra $500 in HOA fees. Also some HOA fees include basic cable, water, trash, etc. Get this information so you can compare apples to apples. Below are condos that have recently been reduced and yet I find to be very desirable.
19052 E Country Holw #4, Orange 92869
3 bed/3 bath townhouse; 1,842 sq ft; built in 1980
Current list price: $334,000
Price History:
Listed on May 6, 2008 for $425,000
Reduced on May 12, 2008 to $418,000
Reduced on May 16, 2008 to $400,000
Reduced on May 30, 2008 to $385,000
Reduced on Jun 6, 2008 to $379,000
Reduced on Jul 7, 2008 to $334,000 (down 21% from original)
Details: Short sale. Last sale on Jun 21, 2004 for $400,000. Upgraded. In Country Hollow tract. 2 car garage with direct access. $220 HOA dues.
5722 E Stillwater Ave #40, Orange 92869
2 bed/2 bath condo; 824 sq ft; built in 1985
Current list price: $270,000
Price History:
Listed on Feb 9, 2008 for $325,000
Reduced on Jul 5, 2008 to $270,000 (down 17% from original)
Details: Short sale. Last sale on Jul 15, 2004 for $335,000. 1 car garage. Top-level unit with vaulted ceilings. $299 ($269 plus $30) HOA dues.
8215 E White Oak Rdg #28, Orange 92869
1 bed/1 bath condo; 881 sq ft; built in 1989
Current list price: $315,000
Price History:
Listed on Jun 2, 2008 for $374,900
Reduced on Jun 6, 2008 to $369,900
Reduced on Jun 9, 2008 to $359,000
Reduced on Jun 16, 2008 to $349,000
Reduced on Jun 19, 2008 to $329,000
Reduced on Jun 20, 2008 to $315,000
Reduced on Jun 24, 2008 to $295,000
Increased on Jul 5, 2008 to $315,000 (down 16% from original)
Details: Large for a 1 bedroom condo. End-unit, no one above or below. 1 car garage with direct access. $280 HOA dues.
