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117 Waterwheel Way

Orange, CA 92869

3 bd 3 ba 1,856 sqft Built 1979 condos
Most recent sale
$920,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $920,000 MLS #OC22075679
Apr 15, 2022 Listed $820,000 MLS #OC22075679
Oct 16, 2019 Sold $505,000 MLS #190039641
Mar 28, 1996 Sold $195,000 Public Record
Sep 16, 1994 Sold $203,000 Public Record
Dec 21, 1989 Sold $232,630 Public Record
Sep 11, 1980 Sold $138,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,771 $791,540 $976,311 $10,742
2024 $184,771 $791,540 $976,311 $10,508
2023 $177,598 $760,802 $938,400 $10,278
2022 $166,539 $353,896 $520,435 $5,860
2021 $163,274 $346,957 $510,231 $5,698
2020 $161,600 $343,400 $505,000 $5,646
2019 $198,158 $92,231 $290,389 $3,343
2018 $194,273 $90,423 $284,696 $3,291
2017 $190,464 $88,650 $279,114 $3,158
2016 $186,730 $86,912 $273,642 $3,097
2015 $183,926 $85,606 $269,532 $3,051
2014 $180,324 $83,929 $264,253 $2,985
2013 $179,510 $83,549 $263,059 $2,977
2012 $175,991 $81,910 $257,901 $2,907
2011 $172,541 $80,304 $252,845 $2,826
2010 $171,252 $79,704 $250,956 $2,783
2009 $171,659 $79,894 $251,553 $2,758
2008 $168,294 $78,327 $246,621 $2,675
2007 $164,995 $76,791 $241,786 $2,609

Property facts

Year built
1979
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,856 sqft
Lot size
ZIP code
92869
City
Orange
Street
Waterwheel Way
Coordinates
33.78796, -117.78936

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,939
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 117 Waterwheel Way last sell?
117 Waterwheel Way most recently sold on May 19, 2022 for $920,000.
What is the current tax assessment for 117 Waterwheel Way?
The most recent total assessment for 117 Waterwheel Way (year 2025) is $976,311 with $10,742 in property tax.
How does 117 Waterwheel Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $920,000.
When was 117 Waterwheel Way built?
117 Waterwheel Way was built in 1979.
How does 117 Waterwheel Way compare to others on Waterwheel Way?
We track 8 other properties on Waterwheel Way. Browse the list under "Other properties on Waterwheel Way" to compare beds, baths, and sale history.
What are the property facts for 117 Waterwheel Way?
117 Waterwheel Way is a 3 bed, 3 bath, 1,856 sqft condos.
Is 117 Waterwheel Way a flip candidate?
No — 117 Waterwheel Way does not appear in our flips dataset.
Is 117 Waterwheel Way a tax-appeal candidate?
No — 117 Waterwheel Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$1.48M
2026 Q4
$1.49M
ZIP 92869 — Median Price History + Forecast

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