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36549 Obaria Way

36549 Obaria Way, Lake Elsinore, CA 92532
Sold Mar 25, 2021
$590,000
$603,570 by Movement Mortgage
Mortgage Due Apr 01, 2051
Sold Apr 28, 2020
$535,000
$374,500 by Ahl Funding
Mortgage Due May 01, 2050
Local assessors in Lake Elsinore, CA have categorized 36549 Obaria Way as a residential type of property. The home was built in 2015 and is 9 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 9,583 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 4 full bathrooms. There are also 5 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 36549 Obaria Way has a total of 4,249 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 590 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. The property was last sold in Mar 14, 2021 for $590,000. That's $118.95 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2020 for $535,000. 36549 Obaria Way was last assessed in 2023. The total value of the property was assessed at $613,836. Specifically, the land the property is located on was valued at $104,040. While improvements on the property were assessed at a total of $509,796. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,276. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 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: 590
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,960
  • Gross Building Area: 4,960
  • Building Area: 4,249
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,249
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP NO 36115 1
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .22 ACRES M/L IN LOT 59 MB 439/003 TR 36115-1

Ownership

  • Current Owner : FLORES FRANCISCO A
  • Previous Owner : WEN QIN
  • Previous Owner 2: LI MUHENG
  • Owner Before Previous Owner: MUNTZ GERALD L
  • Owner Before Previous Owner 2: MUNTZ MADELENE A

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: 358-600-023
  • Lot: 59
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6678
  • Longitude: -117.222

    Address

  • Full Address: 36549 Obaria Way
  • Address - House Number: 36549
  • Address - Street Name: Obaria
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: R016
  • 4-Digit Zip Code: 2649
  • Zip Code: 92532

Valuation

    Tax

  • Total Area: 4,249
  • Tax Year: 2023
  • Tax Amount: $14,276
  • Tax Rate Code Area: 005-049

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 707,861
  • High Value: 822,471
  • Low Value: 593,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $603,570
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $603,570
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $521,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,836
  • Assessed Land Value: $104,040
  • Assessed Improvements Value: $509,796

    Sales

  • Current Sale Contract Date: Mar 14, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11827247826
  • Current Sale Price: $590,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0187711
  • Previous Sale Recording Date: Apr 28, 2020
  • Previous Sale Contract Date: Mar 25, 2020
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $603,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AHL FUNDING
  • Previous Mortgage Transaction Date: Apr 28, 2020
  • Previous Mortgage Loan Amount: $374,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 36549 Obaria Way located in?
The 36549 Obaria Way is a 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 36549 Obaria Way?
The average sales price for units in 36549 Obaria Way is $0 currently.

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