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16970 Monterey Road

16970 Monterey Road, Lake Elsinore, CA 92530
Property in Riverside
Sold Mar 22, 2021
$650,000
$519,920 by American Pacific Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Jul 06, 1998
$80,000
Local assessors in Lake Elsinore, CA have categorized 16970 Monterey Road as a residential type of property. The home was built in 2000 and is 24 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 90,605 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16970 Monterey Road has a total of 1,801 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. 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 616 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16970 Monterey Road was last sold in Feb 25, 2021 for $650,000. According to our calculations, that's $230.99 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Jun 23, 1998. Current property owners are expected to pay $6,950 in taxes per year. The property on 16970 Monterey Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $676,155. To break that down further, the land itself was valued at $78,030. While improvements to the property were assessed at a total of $598,125. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 2,814
  • Gross Building Area: 2,814
  • Building Area: 1,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 3672
  • Land Acres: 2.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: 2.08 ACRES IN LOT 128 MB 058/090 TR 3672

Ownership

  • Current Owner : THOMAS CASEY J
  • Current Owner 2: LI LUCY L
  • Previous Owner : GATES DONALD R
  • Previous Owner 2: GATES JULIE A
  • Owner Before Previous Owner: ANDERSON WILBUR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 046401

Zoning

  • Zoning: R1A212

Geography

  • Subdivision Tract Number: 3672
  • Parcel: 385-200-004
  • Lot: 128
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6181
  • Longitude: -117.366

    Address

  • Full Address: 16970 Monterey Rd
  • Address - House Number: 16970
  • Address - Street Name: Monterey
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C029
  • 4-Digit Zip Code: 7529
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,801
  • Tax Year: 2023
  • Tax Amount: $6,950
  • Tax Rate Code Area: 065-041

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 775,866
  • High Value: 905,743
  • Low Value: 645,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $519,920
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $519,920
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $574,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,155
  • Assessed Land Value: $78,030
  • Assessed Improvements Value: $598,125

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11826816534
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0180331
  • Previous Sale Recording Date: Jul 06, 1998
  • Previous Sale Contract Date: Jun 23, 1998
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $519,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Riverside



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Frequently Asked Questions

What neighborhood is 16970 Monterey Road located in?
The 16970 Monterey Road is a located in the neighborhood of Riverside in Riverside, Lake Elsinore.
What is the average sales price for listings in 16970 Monterey Road?
The average sales price for units in 16970 Monterey Road is $0 currently.

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