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15298 Madrone Court

15298 Madrone Court, Lake Elsinore, CA 92530
Sold Apr 01, 2021
$450,000
Sold Jul 25, 2016
$315,000
$215,000 by Stearns Lending Llc
Mortgage Due Aug 01, 2046
15298 Madrone Court has been categorized by the local assessors in Lake Elsinore, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15298 Madrone Court has 1,342 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 6,098 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 419 sqft. According to our sources, there are a total of 2 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15298 Madrone Court sold most recently in Mar 10, 2021 for a total of $450,000. If you work out the math, that's approximately a cost of $245.23 per sqft. Before that, the property was also sold for $315,000 in Jun 9, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,765 in taxes each year. 15298 Madrone Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $468,180. If we break it down further, the land itself was valued at $114,444. Improvements to the property, however, were assessed at a total of $353,736. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 419
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,835
  • Gross Building Area: 1,835
  • Building Area: 1,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,342
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 30788
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .14 ACRES M/L IN LOT 13 MB 338/033 TR 30788

Ownership

  • Current Owner : VO ALEMBERT ANH TU
  • Previous Owner : RISO MARGARET E
  • Previous Owner 2: CABALLERO YSABEL
  • Owner Before Previous Owner: GONZALEZ ALBERT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043008

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 30788
  • Parcel: 394-300-013
  • Lot: 13
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6887
  • Longitude: -117.396

    Address

  • Full Address: 15298 Madrone Ct
  • Address - House Number: 15298
  • Address - Street Name: Madrone
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C012
  • 4-Digit Zip Code: 7240
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,342
  • Tax Year: 2023
  • Tax Amount: $5,765
  • Tax Rate Code Area: 005-062

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 529,262
  • High Value: 640,516
  • Low Value: 418,009

    Market Valuation

  • Market Total Value: $397,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,180
  • Assessed Land Value: $114,444
  • Assessed Improvements Value: $353,736

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11829045406
  • Current Sale Price: $450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0206009
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jun 09, 2016
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $384,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jul 25, 2016
  • Previous Mortgage Loan Amount: $215,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Lake View District



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Frequently Asked Questions

What neighborhood is 15298 Madrone Court located in?
The 15298 Madrone Court is a located in the neighborhood of Lake View District in Lake View District, Lake Elsinore.
What is the average sales price for listings in 15298 Madrone Court?
The average sales price for units in 15298 Madrone Court is $0 currently.

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