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31082 Berkshire Lane

31082 Berkshire Lane, Temecula, CA 92591
Sold Nov 29, 2016
$405,000
$384,750 by Royal Pacific Funding Corp
Mortgage Due Dec 01, 2046
Sold Sep 13, 2002
$270,000
$215,950 by Phh Mtg Services
Mortgage Due Oct 01, 2032
Local assessors in Temecula, CA have categorized 31082 Berkshire Lane as a residential type of property. The home was built in 2002 and is 22 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 7,841 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 31082 Berkshire Lane has a total of 2,141 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 31082 Berkshire Lane sold most recently in Nov 7, 2016 for a total of $405,000. If you work out the math, that's approximately a cost of $149.94 per sqft. Before that, the property was also sold for $270,000 in May 16, 2002. 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 $5,491 in taxes each year. 31082 Berkshire Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $451,782. If we break it down further, the land itself was valued at $78,085. Improvements to the property, however, were assessed at a total of $373,697. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 2002
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,701
  • Gross Building Area: 2,701
  • Building Area: 2,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,141
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 30 MB 272/077 TR 23371-9

Ownership

  • Current Owner : ZARB MICHAEL D
  • Current Owner 2: ZARB JULIE M
  • Previous Owner : BURGESS ROBERT M
  • Previous Owner 2: BURGESS ROBERT M
  • Owner Before Previous Owner: M A TEMEKU HILLS DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 043267

Zoning

  • Zoning: MIX

Geography

  • Subdivision Tract Number: 23371-9
  • Parcel: 953-422-031
  • Lot: 30
  • Municipality: TEMECULA
  • Latitude: 33.5204
  • Longitude: -117.117

    Address

  • Full Address: 31082 Berkshire Ln
  • Address - House Number: 31082
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Temecula
  • Carrier Code: R070
  • 4-Digit Zip Code: 2058
  • Zip Code: 92591

Valuation

    Tax

  • Total Area: 2,141
  • Tax Year: 2023
  • Tax Amount: $5,491
  • Tax Rate Code Area: 013-079

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 706,495
  • High Value: 828,971
  • Low Value: 584,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,750
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Nov 29, 2016
  • First Open Lien Mortgage Loan Amount: $384,750
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $545,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451,782
  • Assessed Land Value: $78,085
  • Assessed Improvements Value: $373,697

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Transaction ID: 1871295698
  • Current Sale Price: $405,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0530305
  • Previous Sale Recording Date: Sep 13, 2002
  • Previous Sale Contract Date: May 16, 2002
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Nov 29, 2016
  • First Mortgage Loan Amount: $384,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: PHH MTG SERVICES
  • Previous Mortgage Transaction Date: Sep 13, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $215,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2032

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Frequently Asked Questions

What neighborhood is 31082 Berkshire Lane located in?
The 31082 Berkshire Lane is a located in the neighborhood of Margarita Village - Temeku Hills in Margarita Village - Temeku Hills, Temecula.
What is the average sales price for listings in 31082 Berkshire Lane?
The average sales price for units in 31082 Berkshire Lane is $0 currently.

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