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24980 Lake Street

24980 Lake Street, Hemet, CA 92544
Property in Riverside
Sold Jun 18, 2021
$415,000
$332,000 by American Financial Network, In
Mortgage Due Jul 01, 2051
Sold May 05, 2017
$245,000
$220,619 by American Pacific Mortgage
Mortgage Due Jun 01, 2047
24980 Lake Street in Hemet, CA was first built in 1993 and is 31 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 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. 24980 Lake Street has 1,819 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 7,405 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 620 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 B. 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 and being fueled with gas. 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, 24980 Lake Street was last sold in Jun 4, 2021 for $415,000. According to our calculations, that's $167.27 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Mar 23, 2017. Current property owners are expected to pay $5,002 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 24980 Lake Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $431,766. To break that down further, the land itself was valued at $36,414. While improvements to the property were assessed at a total of $395,352. 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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 620
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,481
  • Gross Building Area: 2,481
  • Building Area: 1,819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,819
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 22821
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 42 MB 236/043 TR 22821

Ownership

  • Current Owner : HERNANDEZ CORINA
  • Current Owner 2: CORTEZ DAVID BALMORE
  • Previous Owner : RAMIREZ-CASAS KARINA
  • Owner Before Previous Owner: PEREZ EZEQUIEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043702

Zoning

  • Zoning: MIX

Geography

  • Subdivision Tract Number: 22821
  • Parcel: 551-452-017
  • Lot: 42
  • Municipality: HEMET UNIFIED
  • Latitude: 33.7589
  • Longitude: -116.915

    Address

  • Full Address: 24980 Lake St
  • Address - House Number: 24980
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C031
  • 4-Digit Zip Code: 4038
  • Zip Code: 92544

Valuation

    Tax

  • Total Area: 1,819
  • Tax Year: 2023
  • Tax Amount: $5,002
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 071-270

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 488,382
  • High Value: 581,447
  • Low Value: 395,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK, IN
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $332,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $367,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,766
  • Assessed Land Value: $36,414
  • Assessed Improvements Value: $395,352

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840707768
  • Current Sale Price: $415,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 370548
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Contract Date: Mar 23, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • Previous Mortgage Transaction Date: May 05, 2017
  • Previous Mortgage Loan Amount: $220,619
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Valle Vista



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Frequently Asked Questions

What neighborhood is 24980 Lake Street located in?
The 24980 Lake Street is a located in the neighborhood of Riverside in Valle Vista, Hemet.
What is the average sales price for listings in 24980 Lake Street?
The average sales price for units in 24980 Lake Street is $0 currently.

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