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2503 Broken Lance Drive

2503 Broken Lance Drive, Norco, CA 92860
House in Norco
Sold May 22, 2019
$637,500
Sold Jul 09, 2018
$654,000
$453,100 by Cardinal Financial Company Lp
Mortgage Due Aug 01, 2048
Local assessors in Norco, CA have categorized 2503 Broken Lance Drive as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 20,473 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, 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 2 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 2503 Broken Lance Drive has a total of 2,360 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 637 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. 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, 2503 Broken Lance Drive was last sold in May 17, 2019 for $637,500. According to our calculations, that's $202.96 per sqft. Prior to that sales transaction, the property was sold for $654,000 in Jul 5, 2018. Current property owners are expected to pay $7,653 in taxes per year. The property on 2503 Broken Lance Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $683,526. To break that down further, the land itself was valued at $160,829. While improvements to the property were assessed at a total of $522,697. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.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.

Building Features

Exterior

Stone Veneer Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 637
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 3,141
  • Gross Building Area: 3,141
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,360
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .47 ACRES IN LOT 75 MB 201/007 TR 23020

Ownership

  • Current Owner : RENICK FAMILY TRUST
  • Previous Owner : CARTER MICHAEL A
  • Previous Owner 2: CARTER SARAH M
  • Owner Before Previous Owner: SAWYER PATRICK W
  • Owner Before Previous Owner 2: SAWYER CHRISTIANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Corona-Norco Unified School District
  • Census Tract: 040701

Geography

  • Subdivision Tract Number: 23020
  • Parcel: 130-411-014
  • Lot: 75
  • Municipality: NORCO
  • Latitude: 33.9322
  • Longitude: -117.57

    Address

  • Full Address: 2503 Broken Lance Dr
  • Address - House Number: 2503
  • Address - Street Name: Broken Lance
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Norco
  • Carrier Code: C007
  • 4-Digit Zip Code: 3707
  • Zip Code: 92860

Valuation

    Tax

  • Total Area: 2,360
  • Tax Year: 2023
  • Tax Amount: $7,653
  • Tax Rate Code Area: 015-002

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 974,865
  • High Value: 1,148,679
  • Low Value: 801,050

    Market Valuation

  • Market Total Value: $717,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,526
  • Assessed Land Value: $160,829
  • Assessed Improvements Value: $522,697

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11608623491
  • Current Sale Price: $637,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0181208
  • Previous Sale Recording Date: Jul 09, 2018
  • Previous Sale Contract Date: Jul 05, 2018
  • Previous Sale Amount: $654,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Jul 09, 2018
  • Previous Mortgage Loan Amount: $453,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Norco



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646 Savi Drive #102, Corona, CA, 92878 Listing by Leslie Garcia

Frequently Asked Questions

What neighborhood is 2503 Broken Lance Drive located in?
The 2503 Broken Lance Drive is a house located in the neighborhood of Norco in Norco, Norco.
What is the average sales price for listings in 2503 Broken Lance Drive?
The average sales price for units in 2503 Broken Lance Drive is $0 currently.

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