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36524 Obaria Way

36524 Obaria Way, Lake Elsinore, CA 92532
Sold Aug 27, 2020
$521,000
$781,500 by Mutual Of Omaha Mortgage Inc
Mortgage
Sold Jul 07, 2015
$438,000
$415,853 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2045
36524 Obaria Way in Lake Elsinore, CA was first built in 2015 and is 9 years old. Although, the building on the property was most recently renovated and altered in 2016. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 36524 Obaria Way has 3,992 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 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 801 sqft. There are a total of 3 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 B. 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. 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, 36524 Obaria Way sold most recently in Jul 17, 2020 for a total of $521,000. If you work out the math, that's approximately a cost of $106.09 per sqft. Before that, the property was also sold for $438,000 in Jun 5, 2015. 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 $9,269 in taxes each year. The initial year of tax delinquency occurred in 2022. 36524 Obaria Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $188,854. If we break it down further, the land itself was valued at $36,246. Improvements to the property, however, were assessed at a total of $152,608. 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: 2015
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 801
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 4,911
  • Gross Building Area: 4,911
  • Building Area: 3,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,992
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP NO 36115 1
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .15 ACRES M/L IN LOT 82 MB 439/003 TR 36115-1

Ownership

  • Current Owner : JOHNSON VALERIE L
  • Previous Owner : BRUNSON WILLIAM
  • Previous Owner 2: BRUNSON EMILY
  • Owner Before Previous Owner: PARDEE HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 36115-1
  • Parcel: 358-601-013
  • Lot: 82
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6687
  • Longitude: -117.222

    Address

  • Full Address: 36524 Obaria Way
  • Address - House Number: 36524
  • Address - Street Name: Obaria
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: R016
  • 4-Digit Zip Code: 2648
  • Zip Code: 92532

Valuation

    Tax

  • Total Area: 3,992
  • Tax Year: 2023
  • Tax Amount: $9,269
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 005-049

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 626,422
  • High Value: 736,686
  • Low Value: 516,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $781,500
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $781,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $601,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,854
  • Assessed Land Value: $36,246
  • Assessed Improvements Value: $152,608

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11784824819
  • Current Sale Price: $521,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0401094
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jun 05, 2015
  • Previous Sale Amount: $438,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $781,500
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 07, 2015
  • Previous Mortgage Loan Amount: $415,853
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Lake Elsinore Hills District



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Frequently Asked Questions

What neighborhood is 36524 Obaria Way located in?
The 36524 Obaria 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 36524 Obaria Way?
The average sales price for units in 36524 Obaria Way is $0 currently.

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