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32457 Ortega Highway

32457 Ortega Highway, Lake Elsinore, CA 92530
Property in Riverside
Sold Mar 31, 2017
$207,000
$155,250 by Farmers & Merchants Bank Of Lo
Mortgage Due Apr 01, 2047
32457 Ortega Highway has been categorized by the local assessors in Lake Elsinore, CA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 32457 Ortega Highway has 864 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,632 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property was last sold in Mar 2, 2017 for $207,000. That's $167.21 per sqft. 32457 Ortega Highway was last assessed in 2023. The total value of the property was assessed at $230,908. Specifically, the land the property is located on was valued at $78,085. While improvements on the property were assessed at a total of $152,823. 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 $2,401. The initial tax year of delinquency was in 2017. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,238
  • Gross Building Area: 1,238
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .29 ACRES M/L IN POR PAR 5 RS 023/091

Ownership

  • Current Owner : HOFFMAN ROBERT
  • Current Owner 2: HOFFMAN LINDA E G
  • Previous Owner : AMEN SUSAN ANN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043008

Zoning

  • Zoning: C1CP

Geography

  • Parcel: 386-040-026
  • Lot: 5
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6486
  • Longitude: -117.417

    Address

  • Full Address: 32457 Ortega Hwy
  • Address - House Number: 32457
  • Address - Street Name: Ortega
  • Address - Suffix Type: Hwy
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C029
  • 4-Digit Zip Code: 6564
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $2,401
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 065-026

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 434,599
  • High Value: 516,633
  • Low Value: 352,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,250
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BANK OF LO
  • First Open Lien Mortgage Recording Date: Mar 31, 2017
  • First Open Lien Mortgage Loan Amount: $155,250
  • 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: Apr 01, 2047

    Market Valuation

  • Market Total Value: $275,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,908
  • Assessed Land Value: $78,085
  • Assessed Improvements Value: $152,823

    Sales

  • Current Sale Contract Date: Mar 02, 2017
  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Transaction ID: 1806842640
  • Current Sale Price: $207,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0130619

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS BANK OF LO
  • First Mortgage Transaction Date: Mar 31, 2017
  • First Mortgage Loan Amount: $155,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

About Riverside



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Frequently Asked Questions

What neighborhood is 32457 Ortega Highway located in?
The 32457 Ortega Highway is a located in the neighborhood of Riverside in Riverside, Lake Elsinore.
What is the average sales price for listings in 32457 Ortega Highway?
The average sales price for units in 32457 Ortega Highway is $0 currently.

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