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32940 Maiden Lane

32940 Maiden Lane, Lake Elsinore, CA 92530
Property in Lugosi Park
Sold Sep 02, 2020
$270,000
Seller
$202,500 by West One Capital Group Inc
Mortgage Due Sep 01, 2050
Sold Jan 14, 2019
$185,000
32940 Maiden Lane in Lake Elsinore, CA was first built in 1947 and is 77 years old. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 32940 Maiden Lane has 1,062 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 5,227 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. For those who need parking, there is a detached garage. The garage is 400 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 C. 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. 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, 32940 Maiden Lane was last sold in Aug 20, 2020 for $270,000. According to our calculations, that's $254.24 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Jan 3, 2019. Current property owners are expected to pay $4,071 in taxes per year. The property on 32940 Maiden Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $391,839. To break that down further, the land itself was valued at $80,040. While improvements to the property were assessed at a total of $311,799. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1947
  • Effective Year Built: 1947
  • 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
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,062
  • Gross Building Area: 1,062
  • Building Area: 1,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,062
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LUGOSI PARK & INT IN COMMON AREA
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOT 13 MB 021/011 LUGOSI PARK & INT IN COMMON AREA

Ownership

  • Current Owner : CHEN VICTORIA
  • Previous Owner : CHEN MAY P
  • Owner Before Previous Owner: MORIN NOLAND
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 046402

Zoning

  • Zoning: R3

Geography

  • Parcel: 381-162-017
  • Lot: 13
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6426
  • Longitude: -117.347

    Address

  • Full Address: 32940 Maiden Ln
  • Address - House Number: 32940
  • Address - Street Name: Maiden
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C003
  • 4-Digit Zip Code: 8010
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,062
  • Tax Year: 2023
  • Tax Amount: $4,071
  • Tax Rate Code Area: 065-140

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 469,481
  • High Value: 561,618
  • Low Value: 377,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Loan Amount: $202,500
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $281,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,839
  • Assessed Land Value: $80,040
  • Assessed Improvements Value: $311,799

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11785702788
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0413814
  • Previous Sale Recording Date: Jan 14, 2019
  • Previous Sale Contract Date: Jan 03, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Lakeland Village



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Frequently Asked Questions

What neighborhood is 32940 Maiden Lane located in?
The 32940 Maiden Lane is a located in the neighborhood of Lugosi Park in Lakeland Village, Lake Elsinore.
What is the average sales price for listings in 32940 Maiden Lane?
The average sales price for units in 32940 Maiden Lane is $0 currently.

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