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32470 Olive Tree Court

32470 Olive Tree Court, Lake Elsinore, CA 92530
Sold Dec 06, 2016
$315,000
$252,000 by Skyline Financial Corp
Mortgage Due Dec 01, 2046
Sold Jul 16, 1999
$144,000
$143,007 by Wholesale Capital Corp
Mortgage Due Aug 01, 2029
32470 Olive Tree Court 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 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 32470 Olive Tree Court has 1,708 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 10,019 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 560 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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 tile. 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 and being fueled with gas. 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 building on the property is connected to a sewer system. The property was last sold in Oct 17, 2016 for $315,000. That's $135.31 per sqft. Prior to that sales transaction, the property was also sold in Apr 13, 1999 for $144,000. 32470 Olive Tree Court was last assessed in 2023. The total value of the property was assessed at $351,384. Specifically, the land the property is located on was valued at $78,085. While improvements on the property were assessed at a total of $273,299. 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 $3,703. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1999
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,328
  • Gross Building Area: 2,328
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,708
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 26142 IN THE CITY OF LAKE ELSINORE
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 11 MB 241/089 TR 26142

Ownership

  • Current Owner : STRUWE TIM
  • Current Owner 2: STRUWE JAN
  • Previous Owner : SHERMAN RYAN CHRISTOPHER
  • Previous Owner 2: SHERMAN WENDY
  • Owner Before Previous Owner: SOUTH SHORE REFLECTIONS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 046403

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 26142
  • Parcel: 370-351-024
  • Lot: 11
  • Municipality: LAKE ELSINORE
  • Latitude: 33.626
  • Longitude: -117.314

    Address

  • Full Address: 32470 Olive Tree Ct
  • Address - House Number: 32470
  • Address - Street Name: Olive Tree
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C002
  • 4-Digit Zip Code: 8342
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,708
  • Tax Year: 2023
  • Tax Amount: $3,703
  • Tax Rate Code Area: 005-065

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 557,372
  • High Value: 659,497
  • Low Value: 455,247

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 06, 2016
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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
  • Second Open Lien Mortgage Lender: DATA MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Mar 29, 2022
  • Second Open Lien Mortgage Loan Amount: $280,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $423,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,384
  • Assessed Land Value: $78,085
  • Assessed Improvements Value: $273,299

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Dec 06, 2016
  • Current Sale Transaction ID: 1876544530
  • Current Sale Price: $315,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0542253
  • Previous Sale Recording Date: Jul 16, 1999
  • Previous Sale Contract Date: Apr 13, 1999
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 06, 2016
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WHOLESALE CAPITAL CORP
  • Previous Mortgage Transaction Date: Jul 16, 1999
  • Previous Mortgage Loan Amount: $143,007
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About East Lake District



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Frequently Asked Questions

What neighborhood is 32470 Olive Tree Court located in?
The 32470 Olive Tree Court is a located in the neighborhood of East Lake District in East Lake District, Lake Elsinore.
What is the average sales price for listings in 32470 Olive Tree Court?
The average sales price for units in 32470 Olive Tree Court is $0 currently.

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