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29056 Forest View

29056 Forest View, Lake Elsinore, CA 92530
Sold May 24, 2021
$505,000
$486,000 by Ahl Funding
Mortgage Due May 01, 2052
Sold Jul 07, 2015
$309,000
$247,200 by Platinum Home Mortgage Corp
Mortgage Due Aug 01, 2045
29056 Forest View in Lake Elsinore, CA was first built in 1989 and is 35 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 29056 Forest View has 1,725 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. For those who need parking, there is a attached garage. The garage is 588 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. 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, 29056 Forest View sold most recently in Apr 13, 2021 for a total of $505,000. If you work out the math, that's approximately a cost of $218.33 per sqft. Before that, the property was also sold for $309,000 in Jun 8, 2015. 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 $5,554 in taxes each year. 29056 Forest View was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $525,402. If we break it down further, the land itself was valued at $104,040. Improvements to the property, however, were assessed at a total of $421,362. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 588
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,313
  • Gross Building Area: 2,313
  • Building Area: 1,725
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,725
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 18719 3
  • 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 15 MB 165/086 TR 18719-3

Ownership

  • Current Owner : FLORES JORGE ABOYTES
  • Current Owner 2: ABOYTES STEPHANIE
  • Previous Owner : ROMERO ROBERTO R
  • Owner Before Previous Owner: VERA IVAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043009

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 18719-3
  • Parcel: 389-391-002
  • Lot: 15
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6977
  • Longitude: -117.397

    Address

  • Full Address: 29056 Forest View St
  • Address - House Number: 29056
  • Address - Street Name: Forest View
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C012
  • 4-Digit Zip Code: 7200
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,725
  • Tax Year: 2023
  • Tax Amount: $5,554
  • Tax Rate Code Area: 005-034

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 593,485
  • High Value: 699,859
  • Low Value: 487,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,000
  • First Open Lien Mortgage Lender: AHL FUNDING
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $486,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $445,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,402
  • Assessed Land Value: $104,040
  • Assessed Improvements Value: $421,362

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836273017
  • Current Sale Price: $505,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0317349
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jun 08, 2015
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $475,299
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 07, 2015
  • Previous Mortgage Loan Amount: $247,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Lake View District



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Frequently Asked Questions

What neighborhood is 29056 Forest View located in?
The 29056 Forest View is a located in the neighborhood of Lake View District in Lake View District, Lake Elsinore.
What is the average sales price for listings in 29056 Forest View?
The average sales price for units in 29056 Forest View is $470,000 , or $272/sqft. currently.

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