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29346 Schooner Lane

29346 Schooner Lane, Lake Elsinore, CA 92530
Sold Apr 18, 2022
$475,000
$466,396 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold Oct 03, 2012
$195,000
$156,000 by Imortgage.com Inc
Mortgage Due Oct 01, 2042
29346 Schooner Lane 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 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 29346 Schooner Lane has 1,690 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 7,405 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. The garage measured 609 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 29346 Schooner Lane sold most recently in Mar 8, 2022 for a total of $475,000. If you work out the math, that's approximately a cost of $206.61 per sqft. Before that, the property was also sold for $195,000 in Sep 12, 2012. 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 $5,096 in taxes each year. The initial year of tax delinquency occurred in 2021. 29346 Schooner Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $484,500. If we break it down further, the land itself was valued at $102,000. Improvements to the property, however, were assessed at a total of $382,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1993
  • Effective Year Built: 1993
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 609
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,299
  • Gross Building Area: 2,299
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,690
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 24624 6
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 76 MB 238/068 TR 24624-6

Ownership

  • Current Owner : RIVAS GILBERTO ALONSO
  • Current Owner 2: RIVAS CECILIA
  • Previous Owner : JAFAR FORGHANI
  • Previous Owner 2: JAFAR ALI
  • Owner Before Previous Owner: SCHOONER TRUST #29346
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043010

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 24624-6
  • Parcel: 389-562-012
  • Lot: 76
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6874
  • Longitude: -117.392

    Address

  • Full Address: 29346 Schooner Ln
  • Address - House Number: 29346
  • Address - Street Name: Schooner
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C006
  • 4-Digit Zip Code: 1220
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,690
  • Tax Year: 2023
  • Tax Amount: $5,096
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 005-062

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 526,384
  • High Value: 626,243
  • Low Value: 426,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,396
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $466,396
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $434,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,500
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $382,500

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Transaction ID: 11884836643
  • Current Sale Price: $475,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 181084
  • Previous Sale Recording Date: Oct 03, 2012
  • Previous Sale Contract Date: Sep 12, 2012
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 18, 2022
  • First Mortgage Loan Amount: $466,396
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IMORTGAGE.COM INC
  • Previous Mortgage Transaction Date: Oct 03, 2012
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Lake View District



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Nearby Rentals

Unit for rent at 29046 Avocado Way, Lake Elsinore, CA, 92530

$3,195 /mo

  • 4 Beds
  • 3 Baths
  • 2,249 ft²
29046 Avocado Way, Lake Elsinore, CA, 92530 Listing by Gerren Parker

Frequently Asked Questions

What neighborhood is 29346 Schooner Lane located in?
The 29346 Schooner Lane 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 29346 Schooner Lane?
The average sales price for units in 29346 Schooner Lane is $0 currently.

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