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36232 Palmeri Way

36232 Palmeri Way, Lake Elsinore, CA 92532
Sold Jul 27, 2021
$699,000
$592,176 by American Financial Network Inc
Mortgage Due Aug 01, 2051
Sold Jun 26, 2020
$516,000
$438,600 by Academy Mortgage Corp
Mortgage Due Jul 01, 2050
Local assessors in Lake Elsinore, CA have categorized 36232 Palmeri Way as a residential type of property. The home was built in 2014 and is 10 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 6,970 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 36232 Palmeri Way has a total of 3,721 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 640 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 36232 Palmeri Way sold most recently in Jun 16, 2021 for a total of $699,000. If you work out the math, that's approximately a cost of $158.58 per sqft. Before that, the property was also sold for $516,000 in May 22, 2020. 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 $15,396 in taxes each year. The initial year of tax delinquency occurred in 2020. 36232 Palmeri Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $712,980. If we break it down further, the land itself was valued at $102,000. Improvements to the property, however, were assessed at a total of $610,980. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 4,408
  • Gross Building Area: 4,408
  • Building Area: 3,721
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,721
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP 36447
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .16 ACRES M/L IN LOT 77 MB 436/097 TR 36447

Ownership

  • Current Owner : GARCIA STEVEN
  • Current Owner 2: GARCIA VIRGINIA
  • Previous Owner : HOPKINS DAVID WAYNE
  • Previous Owner 2: HOPKINS BRITTANY NICOLE
  • Owner Before Previous Owner: RUSH RANDALL E
  • Owner Before Previous Owner 2: RUSH TERI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Perris Union High School District in Menifee (9-12)
  • Census Tract: 042733

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 36447
  • Parcel: 358-570-043
  • Lot: 77
  • Municipality: LAKE ELSINORE
  • Latitude: 33.666
  • Longitude: -117.232

    Address

  • Full Address: 36232 Palmeri Way
  • Address - House Number: 36232
  • Address - Street Name: Palmeri
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: R016
  • 4-Digit Zip Code: 2523
  • Zip Code: 92532

Valuation

    Tax

  • Total Area: 3,721
  • Tax Year: 2023
  • Tax Amount: $15,396
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 005-050

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 801,425
  • High Value: 960,160
  • Low Value: 642,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $592,176
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $592,176
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $617,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712,980
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $610,980

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845546914
  • Current Sale Price: $699,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0448807
  • Previous Sale Recording Date: Jun 26, 2020
  • Previous Sale Contract Date: May 22, 2020
  • Previous Sale Amount: $516,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $592,176
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 26, 2020
  • Previous Mortgage Loan Amount: $438,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Lake Elsinore Hills District



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Frequently Asked Questions

What neighborhood is 36232 Palmeri Way located in?
The 36232 Palmeri Way is a house located in the neighborhood of Lake Elsinore Hills District in Lake Elsinore Hills District, Lake Elsinore.
What is the average sales price for listings in 36232 Palmeri Way?
The average sales price for units in 36232 Palmeri Way is $0 currently.

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