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27776 Panorama Hills Drive

27776 Panorama Hills Drive, Menifee, CA 92584
Sold Sep 29, 2021
$420,000
$412,392 by Home Point Financial Corporati
Mortgage Due Oct 01, 2051
Sold Sep 07, 2017
$318,000
$187,900 by S W I Financial Services Inc
Mortgage Due Sep 01, 2047
27776 Panorama Hills Drive in Menifee, CA was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2005. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 27776 Panorama Hills Drive has 1,500 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 420 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. 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. The property was last sold in May 19, 2021 for $420,000. That's $216.05 per sqft. Prior to that sales transaction, the property was also sold in Jul 25, 2017 for $318,000. 27776 Panorama Hills Drive was last assessed in 2023. The total value of the property was assessed at $428,400. Specifically, the land the property is located on was valued at $107,100. While improvements on the property were assessed at a total of $321,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,452. The initial tax year of delinquency was in 2017. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 25251 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .18 ACRES IN LOT 6 MB 335/056 TR 25251-1

Ownership

  • Current Owner : SIMPSON WILLIAM B W
  • Current Owner 2: SIMPSON CYNTHIA A
  • Previous Owner : HOOT DEBRA M
  • Previous Owner 2: THE NANCY JEAN WOOD TRUST
  • Owner Before Previous Owner: CRAYTON SHEENA M
  • Owner Before Previous Owner 2: CRAYTON THOMAS A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Perris Union High School District in Menifee (9-12)
  • Census Tract: 042752

Zoning

  • Zoning: SPZONE

Geography

  • Subdivision Tract Number: 25251-1
  • Parcel: 340-360-008
  • Lot: 6
  • Municipality: MENIFEE
  • Latitude: 33.6952
  • Longitude: -117.175

    Address

  • Full Address: 27776 Panorama Hills Dr
  • Address - House Number: 27776
  • Address - Street Name: Panorama Hills
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Menifee
  • Carrier Code: R032
  • 4-Digit Zip Code: 7400
  • Zip Code: 92584

Valuation

    Tax

  • Total Area: 1,500
  • Tax Year: 2023
  • Tax Amount: $3,452
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 026-072

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 486,429
  • High Value: 570,334
  • Low Value: 402,524

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $429,092
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $412,392
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: ARROWHEAD CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 06, 2023
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $16,700
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Feb 06, 2033

    Market Valuation

  • Market Total Value: $371,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,400
  • Assessed Land Value: $107,100
  • Assessed Improvements Value: $321,300

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11858080642
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0579787
  • Previous Sale Recording Date: Sep 07, 2017
  • Previous Sale Contract Date: Jul 25, 2017
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $412,392
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: S W I FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Sep 07, 2017
  • Previous Mortgage Loan Amount: $187,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 27776 Panorama Hills Drive located in?
The 27776 Panorama Hills Drive is a located in the neighborhood of Menifee Lakes Coutry Club in Menifee Lakes Coutry Club, Menifee.
What is the average sales price for listings in 27776 Panorama Hills Drive?
The average sales price for units in 27776 Panorama Hills Drive is $0 currently.

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