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29 Madison Lane

29 Madison Lane, Trabuco Canyon, CA 92679
House in Tapestry
Sold May 27, 2021
$1,488,000
$1,190,400 by Bank Of America Na
Mortgage Due Jun 01, 2051
Sold Sep 10, 2014
$1,075,000
$860,000 by Wescom Central Cu
Mortgage Due Oct 01, 2044
29 Madison Lane has been categorized by the local assessors in Trabuco Canyon, CA as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 29 Madison Lane has 3,064 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,380 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 597 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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, 29 Madison Lane sold most recently in Apr 27, 2021 for a total of $1,488,000. If you work out the math, that's approximately a cost of $485.64 per sqft. Before that, the property was also sold for $1,075,000 in Jul 28, 2014. 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 $16,383 in taxes each year. 29 Madison Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,548,115. If we break it down further, the land itself was valued at $1,098,109. Improvements to the property, however, were assessed at a total of $450,006. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 597
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 6,380
  • Total Building Area: 3,064
  • Building Area: 3,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 15163
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15163 BLK LOT 17

Ownership

  • Current Owner : WALTERS TIMOTHY
  • Current Owner 2: WALTERS MEGAN
  • Previous Owner : OCONNOR TIMOTHY J
  • Previous Owner 2: OCONNOR MARY KATHLEEN
  • Owner Before Previous Owner: WARREN BRUCE A
  • Owner Before Previous Owner 2: WARREN CHERI L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 032046

Geography

  • Subdivision Tract Number: 15163
  • Parcel: 755-041-02
  • Lot: 17
  • Latitude: 33.5764
  • Longitude: -117.584

    Address

  • Full Address: 29 Madison Ln
  • Address - House Number: 29
  • Address - Street Name: Madison
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Trabuco Canyon
  • Carrier Code: C019
  • 4-Digit Zip Code: 5012
  • Zip Code: 92679

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,383
  • Tax Rate Code Area: 82-322

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,894,465
  • High Value: 2,239,576
  • Low Value: 1,549,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,190,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,190,400
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,548,115
  • Assessed Land Value: $1,098,109
  • Assessed Improvements Value: $450,006

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836565030
  • Current Sale Price: $1,488,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000348487
  • Previous Sale Recording Date: Sep 10, 2014
  • Previous Sale Contract Date: Jul 28, 2014
  • Previous Sale Amount: $1,075,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $1,190,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WESCOM CENTRAL CU
  • Previous Mortgage Transaction Date: Sep 10, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $860,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Coto de Caza Golf and Racquet Club



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20 Tumbleweed Street, Trabuco Canyon, CA, 92679 Listing by Qingyan Li

Frequently Asked Questions

What neighborhood is 29 Madison Lane located in?
The 29 Madison Lane is a house located in the neighborhood of Tapestry in Coto de Caza Golf and Racquet Club, Trabuco Canyon.
What is the average sales price for listings in 29 Madison Lane?
The average sales price for units in 29 Madison Lane is $0 currently.

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