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31875 Ridge Way

31875 Ridge Way, Running Springs, CA 92382
Sold Jun 07, 2019
$185,000
$228,000 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold Sep 11, 2014
$83,000
$66,400 by Flagstar Bank Fsb
Mortgage Due Oct 01, 2044
31875 Ridge Way in Running Springs, CA was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 31875 Ridge Way has 996 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 820. In total, the area measurement of the land is 4,920 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of asbestos shingle. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing floor/wall heating system. 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. 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, 31875 Ridge Way was last sold in May 10, 2019 for $185,000. According to our calculations, that's $185.74 per sqft. Prior to that sales transaction, the property was sold for $83,000 in Aug 21, 2014. Current property owners are expected to pay $2,582 in taxes per year. The property on 31875 Ridge Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $198,357. To break that down further, the land itself was valued at $29,753. While improvements to the property were assessed at a total of $168,604. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,920
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 600
  • Total Building Area: 996
  • Gross Building Area: 996
  • Building Area: 996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TR NO 1847 RUNN1NG SPR1NGS PARK LOT 41 BLK 21

Ownership

  • Current Owner : PATRICK KENNETH
  • Previous Owner : FERRONATO NICHOLAS
  • Previous Owner 2: FERRONATO LINDSEY KAY
  • Owner Before Previous Owner: CUMMINS LESLIE L
  • Owner Before Previous Owner 2: CUMMINS FAMILY TRUST
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Rim of the World Unified School District
  • Census Tract: 011101

Zoning

  • Zoning: HTRS10M

Geography

  • Assessors Map Reference: 53-C3
  • District: 17
  • Subdivision Tract Number: 1847
  • Parcel: 0295-071-53-0000
  • Block: 21
  • Lot: 41
  • Municipality: TWIN PEAKS
  • Latitude: 34.2085
  • Longitude: -117.108

    Address

  • Full Address: 31875 Ridge Way
  • Address - House Number: 31875
  • Address - Street Name: Ridge
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Running Springs
  • Zip Code: 92382

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,582
  • Tax Rate Code Area: 105-027

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 366,665
  • High Value: 448,566
  • Low Value: 284,763

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $407,450
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $228,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052
  • Second Open Lien Mortgage Lender: MONARCH FUNDING CORP
  • Second Open Lien Mortgage Recording Date: Jun 07, 2019
  • Second Open Lien Mortgage Loan Amount: $179,450
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,357
  • Assessed Land Value: $29,753
  • Assessed Improvements Value: $168,604

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Transaction ID: 11612096036
  • Current Sale Price: $185,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0187300
  • Previous Sale Recording Date: Sep 11, 2014
  • Previous Sale Contract Date: Aug 21, 2014
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Sep 11, 2014
  • Previous Mortgage Loan Amount: $66,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Running Springs



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 31875 Ridge Way located in?
The 31875 Ridge Way is a house located in the neighborhood of San Bernardino in Running Springs, Running Springs.
What is the average sales price for listings in 31875 Ridge Way?
The average sales price for units in 31875 Ridge Way is $184,500 , or $185/sqft. currently.

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