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3131 Venezia Terrace

3131 Venezia Terrace, Chino Hills, CA 91709
Property in San Bernardino
Sold Dec 15, 2006
$1,876,000
$844,000 by Bank Of America Na
Mortgage Due Dec 01, 2030
Sold Sep 09, 2005
Transfer
Local assessors in Chino Hills, CA have categorized 3131 Venezia Terrace as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 22,354 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 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 4 full bathrooms. There are also 5 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 3131 Venezia Terrace has a total of 5,176 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 993 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 frame 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 13, 2006 for $1,876,000. That's $304.10 per sqft. 3131 Venezia Terrace was last assessed in 2023. The total value of the property was assessed at $2,350,000. Specifically, the land the property is located on was valued at $850,000. While improvements on the property were assessed at a total of $1,500,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $25,700. 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. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 993
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 22,354
  • Total Building Area: 6,169
  • Gross Building Area: 6,169
  • Building Area: 5,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AMORE
  • Land Acres: 0.513
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: AMENDED TRACT 15164 REC BK 302 PGS 13-35 LOT 193 AND INT IN COMMON AREA

Ownership

  • Current Owner : LEE MICHAEL HECHAN
  • Current Owner 2: LEE CATHI YEONG
  • Previous Owner : BARRATT AMERICAN INC
  • Owner Before Previous Owner: CHINO HILLS LAND WEST LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chino Valley Unified School District
  • Census Tract: 000111

Geography

  • District: 07
  • Subdivision Tract Number: 15164
  • Parcel: 1017-903-28-0000
  • Lot: 193
  • Municipality: ONTARIO
  • Latitude: 33.9603
  • Longitude: -117.736

    Address

  • Full Address: 3131 Venezia Ter
  • Address - House Number: 3131
  • Address - Street Name: Venezia
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Chino Hills
  • Carrier Code: R089
  • 4-Digit Zip Code: 3872
  • Zip Code: 91709

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,700
  • Tax Rate Code Area: 024-076

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 75
  • Final Value: 1,154,335
  • High Value: 1,367,333
  • Low Value: 941,338

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,044,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 03, 2015
  • First Open Lien Mortgage Loan Amount: $844,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2030
  • Second Open Lien Mortgage Lender: COMERICA BANK
  • Second Open Lien Mortgage Recording Date: Mar 11, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,350,000
  • Assessed Land Value: $850,000
  • Assessed Improvements Value: $1,500,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2006
  • Current Sale Recording Date: Dec 15, 2006
  • Current Sale Transaction ID: 1043539873
  • Current Sale Price: $1,876,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2006-0865922
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Contract Date: Sep 09, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Dec 15, 2006
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chino Hills



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Frequently Asked Questions

What neighborhood is 3131 Venezia Terrace located in?
The 3131 Venezia Terrace is a located in the neighborhood of San Bernardino in Chino Hills, Chino Hills.
What is the average sales price for listings in 3131 Venezia Terrace?
The average sales price for units in 3131 Venezia Terrace is $0 currently.

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