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29245 Southerness

29245 Southerness, Lake Elsinore, CA 92530
Sold May 18, 2021
$575,000
$495,000 by American Financial Network Inc
Mortgage Due Jun 01, 2051
Sold May 18, 2021
$575,000
29245 Southerness has been categorized by the local assessors in Lake Elsinore, CA as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29245 Southerness has 2,925 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 6,970 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 attached garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 29245 Southerness was last sold in Mar 23, 2021 for $575,000. According to our calculations, that's $179.86 per sqft. Prior to that sales transaction, the property was sold for $575,000 in Mar 23, 2021. Current property owners are expected to pay $10,377 in taxes per year. The property on 29245 Southerness was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $598,230. To break that down further, the land itself was valued at $72,828. While improvements to the property were assessed at a total of $525,402. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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

Driveway

Driveway

Parking

Garage Parking
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: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,197
  • Gross Building Area: 3,197
  • Building Area: 2,925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,925
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AUGUSTA AT SUMMERLY
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .16 ACRES M/L IN LOT 46 MB 451/007 TR 31920-9

Ownership

  • Current Owner : GONZALEZ VERONICA
  • Current Owner 2: GONZALEZ JESUS
  • Previous Owner : RAY LYNN EDWIN
  • Previous Owner 2: RAY IDA LEE
  • Owner Before Previous Owner: RAY LYNN EDWIN
  • Owner Before Previous Owner 2: RAY IDA LEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043001

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 31920-9
  • Parcel: 371-391-024
  • Lot: 46
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6472
  • Longitude: -117.305

    Address

  • Full Address: 29245 Southerness
  • Address - House Number: 29245
  • Address - Street Name: Southerness
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C028
  • 4-Digit Zip Code: 4403
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 3,925
  • Tax Year: 2023
  • Tax Amount: $10,377
  • Tax Rate Code Area: 005-042

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 680,173
  • High Value: 802,812
  • Low Value: 557,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $495,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $508,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $598,230
  • Assessed Land Value: $72,828
  • Assessed Improvements Value: $525,402

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11835663160
  • Current Sale Price: $575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0306865
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: Mar 23, 2021
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 29245 Southerness located in?
The 29245 Southerness is a located in the neighborhood of East Lake District in East Lake District, Lake Elsinore.
What is the average sales price for listings in 29245 Southerness?
The average sales price for units in 29245 Southerness is $0 currently.

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