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29355 North Lake Drive

29355 North Lake Drive, Lake Elsinore, CA 92530
Sold Aug 16, 2016
$300,000
$270,000 by Security Mortgage Funding Corp
Mortgage Due Sep 01, 2046
Sold May 15, 2012
$155,000
$152,192 by South Pacific Financial Corp
Mortgage Due Jun 01, 2042
29355 North Lake Drive in Lake Elsinore, CA was first built in 1992 and is 32 years old. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 29355 North Lake Drive has 1,362 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 8,712 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 493 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 Jun 29, 2016 for $300,000. That's $161.73 per sqft. Prior to that sales transaction, the property was also sold in May 10, 2012 for $155,000. 29355 North Lake Drive was last assessed in 2023. The total value of the property was assessed at $301,183. Specifically, the land the property is located on was valued at $90,354. While improvements on the property were assessed at a total of $210,829. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,605. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 493
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,855
  • Gross Building Area: 1,855
  • Building Area: 1,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,362
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 95 MB 238/068 TR 24624-6

Ownership

  • Current Owner : MORALES ERNESTO
  • Previous Owner : HILL ROBERT
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 24624-6
  • Parcel: 389-544-020
  • Lot: 95
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6857
  • Longitude: -117.391

    Address

  • Full Address: 29355 N Lake Dr
  • Address - House Number: 29355
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C006
  • 4-Digit Zip Code: 1226
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,362
  • Tax Year: 2023
  • Tax Amount: $3,605
  • Tax Rate Code Area: 005-062

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 535,132
  • High Value: 636,650
  • Low Value: 433,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: SECURITY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Aug 16, 2016
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $412,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,183
  • Assessed Land Value: $90,354
  • Assessed Improvements Value: $210,829

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Transaction ID: 1709567393
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0350562
  • Previous Sale Recording Date: May 15, 2012
  • Previous Sale Contract Date: May 10, 2012
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY MORTGAGE FUNDING CORP
  • First Mortgage Transaction Date: Aug 16, 2016
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH PACIFIC FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 15, 2012
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 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
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29046 Avocado Way, Lake Elsinore, CA, 92530 Listing by Gerren Parker

Frequently Asked Questions

What neighborhood is 29355 North Lake Drive located in?
The 29355 North Lake Drive 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 29355 North Lake Drive?
The average sales price for units in 29355 North Lake Drive is $0 currently.

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