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2338 Lake Terrace Drive

2338 Lake Terrace Drive, Chino Hills, CA 91709
Property in San Bernardino
Sold Oct 20, 1993
$233,000
$400,000 by Acg Funding Inc
Mortgage Due Sep 01, 2031
2338 Lake Terrace Drive in Chino Hills, CA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2338 Lake Terrace Drive has 2,009 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 4,715 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 552 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2338 Lake Terrace Drive was last sold in Sep 16, 1993 for $233,000. According to our calculations, that's $90.98 per sqft. Current property owners are expected to pay $4,725 in taxes per year. The property on 2338 Lake Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $393,527. To break that down further, the land itself was valued at $117,889. While improvements to the property were assessed at a total of $275,638. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,715
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,561
  • Gross Building Area: 2,561
  • Building Area: 2,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 13651 05
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 13651-5 LOT 42

Ownership

  • Current Owner : SIU KAI WING
  • Current Owner 2: POON GRACE
  • Previous Owner : HOOPER HAROLD DAVID
  • Previous Owner 2: HOOPER CAROLYN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chino Valley Unified School District
  • Census Tract: 000105

Geography

  • Assessors Map Reference: 32-E4
  • District: 07
  • Subdivision Tract Number: 13651-5
  • Parcel: 1024-162-37-0000
  • Lot: 42
  • Municipality: ONTARIO
  • Latitude: 33.9967
  • Longitude: -117.755

    Address

  • Full Address: 2338 Lake Terrace Dr
  • Address - House Number: 2338
  • Address - Street Name: Lake Terrace
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Chino Hills
  • Carrier Code: R072
  • 4-Digit Zip Code: 4839
  • Zip Code: 91709

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,725
  • Tax Rate Code Area: 024-068

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 75
  • Final Value: 920,193
  • High Value: 1,092,935
  • Low Value: 747,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: ACG FUNDING INC
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,527
  • Assessed Land Value: $117,889
  • Assessed Improvements Value: $275,638

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 1993
  • Current Sale Recording Date: Oct 20, 1993
  • Current Sale Transaction ID: 1045904401
  • Current Sale Price: $233,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 93-448610

    Last Sale Mortgage

  • First Mortgage Lender: CROSSLAND MTG
  • First Mortgage Transaction Date: Oct 20, 1993
  • First Mortgage Loan Amount: $174,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2023

About Chino Hills



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Frequently Asked Questions

What neighborhood is 2338 Lake Terrace Drive located in?
The 2338 Lake Terrace Drive is a located in the neighborhood of San Bernardino in Chino Hills, Chino Hills.
What is the average sales price for listings in 2338 Lake Terrace Drive?
The average sales price for units in 2338 Lake Terrace Drive is $0 currently.

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