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1505 South Raitt Street, 97, Santa Ana, CA 92704

$389K1bd · 1ba · 624 sqft
Lot 60,975 sqft•HOA $330/mo•Condominium•
Active
•29d on market•MLS# OC-26201699

Property Description

Welcome to Santiago Springs! Santiago Springs is a gated community known for its beautifully maintained grounds and peaceful atmosphere, with water features throughout, creating a tranquil setting. Homes are rarely available for sale in this community. Ideally situated in a desirable lower-level corner location and just a short stroll from the community pool and spa, this 1-bedroom, 1-bathroom condo offers an inviting opportunity to enjoy convenient, low-maintenance living in Orange County. The corner location provides added privacy and the convenience of single-level living without stairs to an upper-level home! It also has 1 assigned covered carport with storage and ample parking throughout the community. The functional floor plan features a spacious primary bedroom with a walk-in closet, newer dual-pane windows, an in-unit stackable washer and dryer, additional interior storage, newer central A/C, and a private outdoor space to enjoy our beautiful Southern California weather. The interior offers a wonderful opportunity for its new owner to personalize the space and make it their own. The location puts an abundance of shopping, dining, recreation, and everyday conveniences close to home. South Coast Plaza and the vibrant South Coast Metro area are just minutes away, offering exceptional shopping, restaurants, and entertainment. Nearby Centennial Park provides expansive green space, playgrounds, sports facilities, and a dog park, while Mile Square Regional Park offers even more opportunities for outdoor recreation, including lakes, golf, sports fields, walking and biking areas, picnic areas, and more. John Wayne Airport, the 405 and 55 freeways are minutes away. Whether you’re a first-time buyer, looking to downsize, seeking a low-maintenance home, or considering an investment opportunity, this well-located condo offers an appealing combination of privacy, convenience, community amenities, and access to everything that makes Orange County such a desirable place to live. This is a must-see property, in a prime location, at an unbeatable value!

Features & Amenities

FeeBuilt 1982

Property Details

Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
See Remarks
Flooring
Tile
City
Santa Ana
Zip Code
92704
County
Orange
Listed byKeller Williams Realty, Tamorah Ragland

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,967.00
Principal & Interest
Loan Amount
$311,200
Total Interest
$396,918
Total Payment Over 30 Years
$708,118
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1505 South Raitt Street, 97, Santa Ana, CA 92704

Santa Ana · Condominium

$389K
Affordable Tier
Beds
1
Baths
1
Sqft
624
Lot
1.40 ac
Year
1982
$/Sqft
$623
Pool: Yes✓
Spa: Yes✓
View: See Remarks✓

Listed in line with the median closed sale of $380,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $389K· $623/sqft
Total list price
Closed comps
vs closed median $380K
+$9K (+2.4%)
Active comps
vs active median $380K
+$9K (+2.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $572
+$51 (+9.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
801 LyonSanta Ana1972116200$468$289,9003292
2815 FairviewSanta Ana197411621512,958$620$385,000488
1082 Cabrillo ParkSanta Ana197211675123,705$590$398,0002084
1010 Macarthur BoulevardSanta Ana196911587245,234$647$379,9001884
1001 FrenchSanta Ana19581159919,570$533$319,0002383
Total: 5 · Average1.01.0620.4225,366.75$571.6$354,36019.4
Median620$379,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2815 FairviewSanta Ana197410/06/2026116210$379,900$379,900$6121.003394
1062 Cabrillo ParkSanta Ana197209/28/202611675108,984$389,900$390,000$5781.008186
1400 Warner AvenueSanta Ana197009/03/202611620131,483$355,000$355,000$5731.003386
2819 FairviewSanta Ana197409/24/202611621512,958$389,000$380,000$6120.9814685
1360 Cabrillo Park DriveSanta Ana197408/28/202611694114,206$399,000$415,000$5981.043385
Total: 5 · Average1.01.0646.2216,907.75$383,980$383,980$594.6—65.2
Median621$380,000$380,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.