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26426 Velia Court

26426 Velia Court, Menifee, CA 92584
Property in Riverside
Sold Nov 04, 2016
$420,500
$417,000 by Finance Of America Mortgage Ll
Mortgage Due Dec 01, 2046
Sold May 23, 2008
Transfer
$1,530,200 by Arch Insurance Co
Mortgage
26426 Velia Court in Menifee, CA was first built in 2017 and is 7 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 are a total of 2 full bathrooms. There are 3 partial bathrooms. 26426 Velia Court has 2,386 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 7,841 square feet.

Learn more about the property and building on this page. 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 418 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 and being fueled with gas. 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, 26426 Velia Court sold most recently in Aug 18, 2016 for a total of $420,500. If you work out the math, that's approximately a cost of $137.69 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 $5,890 in taxes each year. 26426 Velia Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $469,071. If we break it down further, the land itself was valued at $89,239. Improvements to the property, however, were assessed at a total of $379,832. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,054
  • Gross Building Area: 3,054
  • Building Area: 2,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,386
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .18 ACRES M/L IN LOT 22 MB 409/060 TR 30554

Ownership

  • Current Owner : ANDERSON MARK L
  • Current Owner 2: LINDO ANDERSON PERNELL P
  • Previous Owner : MERITAGE HOMES OF CALIFORNIA INC
  • Owner Before Previous Owner: MOSAIC 85 INVESTORS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Perris Union High School District in Menifee (9-12)
  • Census Tract: 042743

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 30554
  • Parcel: 360-611-011
  • Lot: 22
  • Municipality: MENIFEE
  • Latitude: 33.6659
  • Longitude: -117.199

    Address

  • Full Address: 26426 Velia Ct
  • Address - House Number: 26426
  • Address - Street Name: Velia
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Menifee
  • Carrier Code: R043
  • 4-Digit Zip Code: 4970
  • Zip Code: 92584

Valuation

    Tax

  • Total Area: 2,386
  • Tax Year: 2023
  • Tax Amount: $5,890
  • Tax Rate Code Area: 026-293

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 653,972
  • High Value: 784,905
  • Low Value: 523,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Nov 04, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $533,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,071
  • Assessed Land Value: $89,239
  • Assessed Improvements Value: $379,832

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Nov 04, 2016
  • Current Sale Transaction ID: 1846720418
  • Current Sale Price: $420,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0491190
  • Previous Sale Recording Date: May 23, 2008
  • Previous Sale Contract Date: May 20, 2008
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 04, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ARCH INSURANCE CO
  • Previous Mortgage Transaction Date: May 23, 2008
  • Previous Mortgage Loan Amount: $1,530,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 26426 Velia Court located in?
The 26426 Velia Court is a located in the neighborhood of Riverside in Menifee, Menifee.
What is the average sales price for listings in 26426 Velia Court?
The average sales price for units in 26426 Velia Court is $0 currently.

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