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32161 Michele Drive

32161 Michele Drive, Lake Elsinore, CA 92530
Sold Jun 21, 2021
$470,000
$446,500 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
Sold Nov 30, 2011
$180,000
$175,437 by Mission Hills Mortgage Bankers
Mortgage Due Dec 01, 2041
32161 Michele Drive in Lake Elsinore, CA was first built in 1988 and is 36 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. 32161 Michele Drive has 1,554 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 7,405 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 462 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 B. 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. 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, 32161 Michele Drive sold most recently in May 26, 2021 for a total of $470,000. If you work out the math, that's approximately a cost of $231.07 per sqft. Before that, the property was also sold for $180,000 in Oct 22, 2011. 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 $5,176 in taxes each year. The initial year of tax delinquency occurred in 2021. 32161 Michele Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $488,988. If we break it down further, the land itself was valued at $78,030. Improvements to the property, however, were assessed at a total of $410,958. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Metal Exterior
Wood Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,034
  • Gross Building Area: 2,034
  • Building Area: 1,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,554
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 19402 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .17 ACRES IN LOT 8 MB 166/080 TR 19402-2

Ownership

  • Current Owner : PACHECO MICHAEL
  • Current Owner 2: LOEUR DEBRA
  • Previous Owner : ARRIAGA LEONARDO
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 19402-2
  • Parcel: 379-445-008
  • Lot: 8
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6816
  • Longitude: -117.385

    Address

  • Full Address: 32161 Michele Dr
  • Address - House Number: 32161
  • Address - Street Name: Michele
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C015
  • 4-Digit Zip Code: 5264
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,554
  • Tax Year: 2023
  • Tax Amount: $5,176
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 005-034

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 559,294
  • High Value: 661,771
  • Low Value: 456,817

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $446,500
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $416,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,988
  • Assessed Land Value: $78,030
  • Assessed Improvements Value: $410,958

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840755696
  • Current Sale Price: $470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0373399
  • Previous Sale Recording Date: Nov 30, 2011
  • Previous Sale Contract Date: Oct 22, 2011
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $446,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MISSION HILLS MORTGAGE BANKERS
  • Previous Mortgage Transaction Date: Nov 30, 2011
  • Previous Mortgage Loan Amount: $175,437
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2041

About Lake View District



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Nearby Rentals

Unit for rent at 29223 Woodbridge Street, Lake Elsinore, CA, 92530

$3,599 /mo

  • 4 Beds
  • 3 Baths
  • 2,350 ft²
29223 Woodbridge Street, Lake Elsinore, CA, 92530 Listing by Lingyao Walsh

Frequently Asked Questions

What neighborhood is 32161 Michele Drive located in?
The 32161 Michele 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 32161 Michele Drive?
The average sales price for units in 32161 Michele Drive is $0 currently.

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