Check Availability

24898 Olive Hill Lane

24898 Olive Hill Lane, Moreno Valley, CA 92557
Property in Moreno Valley
Sold Oct 01, 2021
$610,000
$457,500 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Oct 05, 2020
$470,000
$329,000 by Ml Mortgage Corp
Mortgage Due Nov 01, 2050
Local assessors in Moreno Valley, CA have categorized 24898 Olive Hill Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 16,553 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, 4 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 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 24898 Olive Hill Lane has a total of 2,155 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. 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 417 sqft. 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. 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, 24898 Olive Hill Lane was last sold in Aug 24, 2021 for $610,000. According to our calculations, that's $232.56 per sqft. Prior to that sales transaction, the property was sold for $470,000 in Sep 25, 2020. Current property owners are expected to pay $10,040 in taxes per year. The property on 24898 Olive Hill Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $626,994. To break that down further, the land itself was valued at $76,500. While improvements to the property were assessed at a total of $550,494. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 417
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,623
  • Gross Building Area: 2,623
  • Building Area: 2,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,155
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 31592
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .38 ACRES IN LOT 99 MB 461/057 TR 31592

Ownership

  • Current Owner : DAY TIMOTHY K
  • Current Owner 2: HENSLEY STACY L
  • Previous Owner : MICHEL CAROLINA
  • Previous Owner 2: MICHEL MOISES
  • Owner Before Previous Owner: KB HOME CALIFORNIA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moreno Valley Unified School District
  • Census Tract: 042409

Geography

  • Subdivision Tract Number: 31592
  • Parcel: 474-761-011
  • Lot: 99
  • Municipality: MORENO VALLEY
  • Latitude: 33.9654
  • Longitude: -117.226

    Address

  • Full Address: 24898 Olive Hill Ln
  • Address - House Number: 24898
  • Address - Street Name: Olive Hill
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Moreno Valley
  • Carrier Code: C052
  • 4-Digit Zip Code: 4203
  • Zip Code: 92557

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,040
  • Tax Rate Code Area: 021-592

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 657,937
  • High Value: 774,368
  • Low Value: 541,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $457,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $457,500
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $536,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,994
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $550,494

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11858703610
  • Current Sale Price: $610,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0585294
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Sep 25, 2020
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $457,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ML MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 05, 2020
  • Previous Mortgage Loan Amount: $329,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Moreno Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 23782 Swan Street, Moreno Valley, CA, 92557

$2,695 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,552 ft²
23782 Swan Street, Moreno Valley, CA, 92557 Listing by Carlos Silva
Unit for rent at 12089 Ponce De Leon Drive, Moreno Valley, CA, 92557

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
12089 Ponce De Leon Drive, Moreno Valley, CA, 92557 Listing by Jose Lemus

Frequently Asked Questions

What neighborhood is 24898 Olive Hill Lane located in?
The 24898 Olive Hill Lane is a located in the neighborhood of Moreno Valley in Moreno Valley, Moreno Valley.
What is the average sales price for listings in 24898 Olive Hill Lane?
The average sales price for units in 24898 Olive Hill Lane is $0 currently.

Quantcast