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2463 Fernwood Lane

2463 Fernwood Lane, Perris, CA 92570
Property in South Perris
Sold Nov 02, 2021
$500,000
$511,500 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold Jun 11, 2020
$350,000
$343,660 by Stearns Lending Llc
Mortgage Due Jul 01, 2050
2463 Fernwood Lane in Perris, CA was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2463 Fernwood Lane has 1,481 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. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. For those who need parking, there is a attached garage. The garage is 413 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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. 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, 2463 Fernwood Lane sold most recently in Oct 12, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $261.51 per sqft. Before that, the property was also sold for $350,000 in May 8, 2020. 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 $8,374 in taxes each year. 2463 Fernwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $510,000. If we break it down further, the land itself was valued at $76,500. Improvements to the property, however, were assessed at a total of $433,500. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 413
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,912
  • Gross Building Area: 1,912
  • Building Area: 1,481
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,481
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 6989
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: ACRES 0.15000000 ACREAGEQUALCODE ML LOT 115 LOTTYPE L MAPPLATB 464 MAPPLATP 059 SUBDIVISIONNAME TR 36989

Ownership

  • Current Owner : GONZALES MITCHELL JOSEPH REY
  • Current Owner 2: GONZALES CRYSTAL PORRAS
  • Previous Owner : ARELLANO ZACHARY JOSHUA
  • Previous Owner 2: VASQUEZ AMANDA MONET
  • Owner Before Previous Owner: KB HOME COASTAL INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • Census Tract: 042731

Geography

  • Subdivision Tract Number: 36989
  • Parcel: 330-600-027
  • Lot: 115
  • Municipality: PERRIS
  • Latitude: 33.7442
  • Longitude: -117.217

    Address

  • Full Address: 2463 Fernwood Ln
  • Address - House Number: 2463
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Perris
  • Carrier Code: R024
  • 4-Digit Zip Code: 5593
  • Zip Code: 92570

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,374
  • Tax Rate Code Area: 008-214

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 534,964
  • High Value: 632,694
  • Low Value: 437,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $511,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $511,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $438,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,000
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $433,500

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Transaction ID: 11864303894
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0649378
  • Previous Sale Recording Date: Jun 11, 2020
  • Previous Sale Contract Date: May 08, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 02, 2021
  • First Mortgage Loan Amount: $511,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jun 11, 2020
  • Previous Mortgage Loan Amount: $343,660
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About South Perris



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Frequently Asked Questions

What neighborhood is 2463 Fernwood Lane located in?
The 2463 Fernwood Lane is a located in the neighborhood of South Perris in South Perris, Perris.
What is the average sales price for listings in 2463 Fernwood Lane?
The average sales price for units in 2463 Fernwood Lane is $0 currently.

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