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12741 Royal Palm Lane

12741 Royal Palm Lane, Riverside, CA 92503
Sold Dec 20, 2021
$750,000
$600,000 by United Wholesale Mortgage
Mortgage Due Jan 01, 2052
Sold Feb 27, 2008
$185,000
$332,100 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2038
12741 Royal Palm Lane has been categorized by the local assessors in Riverside, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12741 Royal Palm Lane has 2,961 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 831 sqft. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 1, 2021 for $750,000. That's $191.82 per sqft. Prior to that sales transaction, the property was also sold in Jan 28, 2008 for $185,000. 12741 Royal Palm Lane was last assessed in 2023. The total value of the property was assessed at $764,999. Specifically, the land the property is located on was valued at $122,402. While improvements on the property were assessed at a total of $642,597. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,554. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 831
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,910
  • Gross Building Area: 3,910
  • Building Area: 2,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,961
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 28878
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .17 ACRES IN LOT 43 MB 298/066 TR 28878

Ownership

  • Current Owner : ROBLES NYDIA HERRERA
  • Current Owner 2: RAMOS MANUEL ERIC
  • Previous Owner : STALNAKER MICHAEJ J
  • Previous Owner 2: STANAKER MICHELLE LEOS
  • Owner Before Previous Owner: WASHINGTON MUTUAL BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 041413

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 28878
  • Parcel: 270-320-041
  • Lot: 43
  • Municipality: RIVERSIDE
  • Latitude: 33.8638
  • Longitude: -117.441

    Address

  • Full Address: 12741 Royal Palm Ln
  • Address - House Number: 12741
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Riverside
  • Carrier Code: R011
  • 4-Digit Zip Code: 7077
  • Zip Code: 92503

Valuation

    Tax

  • Total Area: 2,961
  • Tax Year: 2023
  • Tax Amount: $9,554
  • Tax Rate Code Area: 088-084

    Appraisal Valuation

  • Standard Deviation: 0.2394
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 429,264
  • High Value: 532,054
  • Low Value: 326,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $658,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $764,999
  • Assessed Land Value: $122,402
  • Assessed Improvements Value: $642,597

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875634686
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0747377
  • Previous Sale Recording Date: Feb 27, 2008
  • Previous Sale Contract Date: Jan 28, 2008
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 27, 2008
  • Previous Mortgage Loan Amount: $332,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2038

About Lake Hills-Victoria Grove



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Frequently Asked Questions

What neighborhood is 12741 Royal Palm Lane located in?
The 12741 Royal Palm Lane is a located in the neighborhood of Lake Hills-Victoria Grove in Lake Hills-Victoria Grove, Riverside.
What is the average sales price for listings in 12741 Royal Palm Lane?
The average sales price for units in 12741 Royal Palm Lane is $0 currently.

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