4900 E Chapman Avenue 86, Orange, California 92869, Orange, 92869 - 1 bed, 1 bath

4900 E Chapman Avenue 86, Orange, California 92869 home-pic-0
ACTIVE$465,000
4900 E Chapman Avenue 86, Orange, California 92869
1Bed
1Bath
768Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turn-key & Updated Interior: The property has been recently updated with new flooring, interior paint, stainless steel kitchen appliances, window coverings, and lighting fixtures, making it move-in ready.
Top Cons:
Limited Size & Bedroom Count: With only 768 square feet and one bedroom, the property caters to a specific buyer demographic, potentially limiting its market appeal.

Compared to the nearby listings

Price:$465.0K vs avg $690.0K ($-225,000)7%
Size:768 sqft vs avg 1,124 sqft14%
Price/sqft:$605 vs avg $60550%

More Insights

Built in 1976 (49 years old).
Condition: Despite being built in 1976, the property has undergone extensive and recent cosmetic renovations, as stated in the description and confirmed by the images. The kitchen features new stainless steel appliances, subway tile backsplash, updated cabinetry, and modern pendant lighting. The bathroom also shows updated vanity, mirror, and light fixtures. New LVP flooring and fresh interior paint contribute to a 'virtually new' feel throughout, making it 'Turn-key and Move-in ready' and aligning with the 'Excellent' condition criteria for a recently and extensively renovated property.
Year Built
1976
Close
-
List price
$465K
Original List price
$460K
Price/Sqft
$605
HOA
$531.3
Days on market
-
Sold On
-
MLS number
SW25098467
Home ConditionExcellent
Features
Good View: Pond
Pool
Spa
Patio
ViewPond

About this home

Improved pricing! Flooring, interior paint, stainless steel kitchen appliances, plus window covering, and lighting fixtures. It's beautiful inside! Opportunity to “Live and work” in charming City of Orange and enjoy a quality of life, located in desirable “Orange Lakes!” End unit, patio townhome with an open floorplan with plenty of natural light. Two-story high ceilings, open beam, offering; entry way, kitchen open to the living room, outdoor patio and charming free-standing fireplace stove. HOA fees include: Trash, sewer, parking and ALL community amenities. Large private upstairs Bedroom/ loft, Full bathroom, dressing area, walk-in closet. Turn-key and Move-in ready, for the new homeowner to call home! Washer & dryer closet in Kitchen. Two parking spaces Assigned, one covered carport (#22) and opened (#53) parking spaces. Orange Lakes Homeowner Associations offers a “Retreat lifestyle” starting with the beautiful duck ponds, adult trees and greenery, plus amenities for year-round enjoyment includes pool/ spa, sauna, tennis courts, community laundry room, Two assigned parking spaces (one covered/ one open) with plenty of visitor parking for guests. Centrally located within walking distance to eateries, famous Orange Circle, shopping, public transportation, major freeways and schools.

Condition Rating
Excellent

Despite being built in 1976, the property has undergone extensive and recent cosmetic renovations, as stated in the description and confirmed by the images. The kitchen features new stainless steel appliances, subway tile backsplash, updated cabinetry, and modern pendant lighting. The bathroom also shows updated vanity, mirror, and light fixtures. New LVP flooring and fresh interior paint contribute to a 'virtually new' feel throughout, making it 'Turn-key and Move-in ready' and aligning with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Turn-key & Updated Interior: The property has been recently updated with new flooring, interior paint, stainless steel kitchen appliances, window coverings, and lighting fixtures, making it move-in ready.
Prime Location & Accessibility: Centrally located in the desirable City of Orange, offering excellent walkability to eateries, the famous Orange Circle, shopping, public transportation, and convenient access to major freeways and schools.
Extensive Community Amenities: The Orange Lakes Homeowner Association provides a 'retreat lifestyle' with beautiful duck ponds, mature greenery, a pool, spa, sauna, tennis courts, and a community laundry room.
Desirable End Unit with Architectural Charm: As an end unit, it benefits from an open floorplan with abundant natural light, two-story high ceilings, open beams, an outdoor patio, and a charming free-standing fireplace stove.
Dedicated Parking & Scenic View: Includes two assigned parking spaces (one covered carport) and offers a pleasant pond view, enhancing the living experience.

Cons

Limited Size & Bedroom Count: With only 768 square feet and one bedroom, the property caters to a specific buyer demographic, potentially limiting its market appeal.
High Monthly HOA Dues: The association fee of $531.30 per month is substantial for a one-bedroom unit, which could impact affordability and overall monthly housing costs for potential buyers.
Building Age: Built in 1976, the property's age, while seemingly well-maintained, may lead to concerns about potential future maintenance, infrastructure, or special assessments not fully covered by the HOA.

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