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32617 Payne Street

32617 Payne Street, Lake Elsinore, CA 92530
Property in Lake View
Sold Sep 26, 2012
Transfer
$92,878 by Mountain West Financial Inc
Mortgage Due Oct 01, 2042
Sold Dec 26, 2008
$100,000
$98,697 by First Guaranty Financial Corp
Mortgage Due Jan 01, 2039
32617 Payne Street 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 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. 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, 32617 Payne Street has 1,152 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 6,970 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 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $100,000 in Nov 17, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,222 in taxes each year. 32617 Payne Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,757. If we break it down further, the land itself was valued at $74,254. Improvements to the property, however, were assessed at a total of $49,503. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,957
  • Gross Building Area: 1,957
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 42 MB 048/011 TR 2571

Ownership

  • Current Owner : AGUILAR GUILLERMO
  • Previous Owner : ESPINOZA PATRICIA
  • Owner Before Previous Owner: BANK OF NEW YORK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2571
  • Parcel: 379-042-004
  • Lot: 42
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6749
  • Longitude: -117.39

    Address

  • Full Address: 32617 Payne St
  • Address - House Number: 32617
  • Address - Street Name: Payne
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C011
  • 4-Digit Zip Code: 6940
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,462
  • Tax Year: 2023
  • Tax Amount: $1,222
  • Tax Rate Code Area: 065-134

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 390,551
  • High Value: 467,198
  • Low Value: 313,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,878
  • First Open Lien Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 26, 2012
  • First Open Lien Mortgage Loan Amount: $92,878
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $228,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,757
  • Assessed Land Value: $74,254
  • Assessed Improvements Value: $49,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2012
  • Current Sale Recording Date: Sep 26, 2012
  • Current Sale Transaction ID: 1039238655
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2012-0460608
  • Previous Sale Recording Date: Dec 26, 2008
  • Previous Sale Contract Date: Nov 17, 2008
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Mortgage Transaction Date: Sep 26, 2012
  • First Mortgage Loan Amount: $92,878
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FIRST GUARANTY FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 26, 2008
  • Previous Mortgage Loan Amount: $98,697
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2039

About Lake View



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Frequently Asked Questions

What neighborhood is 32617 Payne Street located in?
The 32617 Payne Street is a located in the neighborhood of Lake View in Lake View, Lake Elsinore.
What is the average sales price for listings in 32617 Payne Street?
The average sales price for units in 32617 Payne Street is $0 currently.

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