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24008 Savory Way

24008 Savory Way, Lake Elsinore, CA 92532
Sold Dec 28, 2016
$300,000
$294,123 by Imortgage.com Inc
Mortgage Due Jan 01, 2047
Local assessors in Lake Elsinore, CA have categorized 24008 Savory Way as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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 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 24008 Savory Way has a total of 1,750 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 415 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 tile. 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, 24008 Savory Way sold most recently in Dec 2, 2016 for a total of $300,000. If you work out the math, that's approximately a cost of $137.87 per sqft. 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 $6,894 in taxes each year. 24008 Savory Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $334,651. If we break it down further, the land itself was valued at $100,394. Improvements to the property, however, were assessed at a total of $234,257. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 415
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 1,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,750
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VIEWPOINT AT WESTRIDGE CANYON HILLS
  • Land Acres: 0.02
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 10 CM 240/163 INT COMM IN LOT 1-P OF TR 36118 MB 450/010

Ownership

  • Current Owner : BARBOSA EDDIE A
  • Current Owner 2: BARBOSA MONICA
  • Previous Owner : PARDEE HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 042750

Geography

  • Subdivision Tract Number: 36118
  • Parcel: 363-941-010
  • Lot: 1-P
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6641
  • Longitude: -117.273

    Address

  • Full Address: 24008 Savory Way
  • Address - House Number: 24008
  • Address - Street Name: Savory
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: R017
  • 4-Digit Zip Code: 2700
  • Zip Code: 92532

Valuation

    Tax

  • Total Area: 1,750
  • Tax Year: 2023
  • Tax Amount: $6,894
  • Tax Rate Code Area: 005-052

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 520,804
  • High Value: 625,075
  • Low Value: 416,533

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $381,121
  • First Open Lien Mortgage Lender: IMORTGAGE.COM INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2016
  • First Open Lien Mortgage Loan Amount: $294,123
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Dec 05, 2018
  • Second Open Lien Mortgage Loan Amount: $86,998
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $406,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,651
  • Assessed Land Value: $100,394
  • Assessed Improvements Value: $234,257

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 28, 2016
  • Current Sale Transaction ID: 1907732983
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0579893

    Last Sale Mortgage

  • First Mortgage Lender: IMORTGAGE.COM INC
  • First Mortgage Transaction Date: Dec 28, 2016
  • First Mortgage Loan Amount: $294,123
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

About Lake Elsinore Hills District



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22400 Canyon Club Drive, Canyon Lake, CA, 92587 Listing by RENEE SHELL

Frequently Asked Questions

What neighborhood is 24008 Savory Way located in?
The 24008 Savory Way is a located in the neighborhood of Lake Elsinore Hills District in Lake Elsinore Hills District, Lake Elsinore.
What is the average sales price for listings in 24008 Savory Way?
The average sales price for units in 24008 Savory Way is $0 currently.

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