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16317 East Peak Court

16317 East Peak Court, Riverside, CA 92503
Sold Dec 16, 2021
$875,000
$525,000 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Nov 04, 2019
$590,000
$560,500 by Bbva Usa
Mortgage Due Dec 01, 2049
Local assessors in Riverside, CA have categorized 16317 East Peak Court as a residential type of property. The home was built in 1991 and is 33 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16317 East Peak Court has a total of 2,909 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 585 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 16317 East Peak Court sold most recently in Nov 24, 2021 for a total of $875,000. If you work out the math, that's approximately a cost of $250.43 per sqft. Before that, the property was also sold for $590,000 in Oct 11, 2019. 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 $10,909 in taxes each year. 16317 East Peak Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $892,499. If we break it down further, the land itself was valued at $102,001. Improvements to the property, however, were assessed at a total of $790,498. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1991
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 585
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,494
  • Gross Building Area: 3,494
  • Building Area: 2,909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,909
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 23140 2
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 26 MB 214/027 TR 23140-2

Ownership

  • Current Owner : OLIVAR ANTHONY J
  • Current Owner 2: OLIVAR SUMMER A
  • Previous Owner : DAVIS JASON LARRY
  • Previous Owner 2: DAVIS KATHRYN LEE
  • Owner Before Previous Owner: ALLEN PAMELA ANN
  • Owner Before Previous Owner 2: WHITMER JAMES ROBERT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 041414

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 23140-2
  • Parcel: 140-202-006
  • Lot: 26
  • Municipality: ALVORD
  • Latitude: 33.8828
  • Longitude: -117.485

    Address

  • Full Address: 16317 E Peak Ct
  • Address - House Number: 16317
  • Street Direction: E
  • Address - Street Name: Peak
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Riverside
  • Carrier Code: C058
  • 4-Digit Zip Code: 0536
  • Zip Code: 92503

Valuation

    Tax

  • Total Area: 2,909
  • Tax Year: 2023
  • Tax Amount: $10,909
  • Tax Rate Code Area: 053-029

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 706,829
  • High Value: 845,442
  • Low Value: 568,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $525,000
  • 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: $769,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $892,499
  • Assessed Land Value: $102,001
  • Assessed Improvements Value: $790,498

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875248879
  • Current Sale Price: $875,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0739789
  • Previous Sale Recording Date: Nov 04, 2019
  • Previous Sale Contract Date: Oct 11, 2019
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BBVA USA
  • Previous Mortgage Transaction Date: Nov 04, 2019
  • Previous Mortgage Loan Amount: $560,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Lake Hills-Victoria Grove



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4402 Water Lane, Riverside, CA, 92505 Listing by Mei Chen

Frequently Asked Questions

What neighborhood is 16317 East Peak Court located in?
The 16317 East Peak Court 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 16317 East Peak Court?
The average sales price for units in 16317 East Peak Court is $0 currently.

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