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38901 Paseo Corta

38901 Paseo Corta, Murrieta, CA 92563
Property in Riverside
Sold Nov 09, 2022
$530,000
$429,936 by Navy Federal Credit Union
Mortgage Due Dec 01, 2052
Sold Sep 29, 2020
$286,000
$228,800 by Sun West Mortgage Company Inc
Mortgage Due Oct 01, 2050
38901 Paseo Corta has been categorized by the local assessors in Murrieta, CA as a residential type of property. The building on the property was first built in 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 2 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, 38901 Paseo Corta has 1,256 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 detached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. 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. The roof of the building is made of tile. 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. 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, 38901 Paseo Corta was last sold in Sep 16, 2022 for $530,000. According to our calculations, that's $421.97 per sqft. Prior to that sales transaction, the property was sold for $286,000 in Jan 21, 2020. Current property owners are expected to pay $6,197 in taxes per year. The property on 38901 Paseo Corta was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $530,000. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $490,000. 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: 1973
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,256
  • Gross Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,256
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 4379
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: .04 ACRES M/L IN LOT 20 MB 073/023 TR 4379

Ownership

  • Current Owner : BAILEY JOHN MATTHEW
  • Current Owner 2: BAILEY JENNIFER ANN
  • Previous Owner : CONNELLY TUCKER GARRETT
  • Previous Owner 2: CONNELLY ALEXANDRA PAUL
  • Owner Before Previous Owner: HANSEN LINDA LOUISE
  • Owner Before Previous Owner 2: THE LINDA LOUISE HANSEN LIVING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043209

Zoning

  • Zoning: R3

Geography

  • Subdivision Tract Number: 4379
  • Parcel: 913-180-020
  • Lot: 20
  • Municipality: MURRIETA
  • Latitude: 33.5561
  • Longitude: -117.148

    Address

  • Full Address: 38901 Paseo Corta
  • Address - House Number: 38901
  • Address - Street Name: Paseo Corta
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R069
  • 4-Digit Zip Code: 6074
  • Zip Code: 92563

Valuation

    Tax

  • Total Area: 1,256
  • Tax Year: 2023
  • Tax Amount: $6,197
  • Tax Rate Code Area: 024-254

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 508,174
  • High Value: 599,003
  • Low Value: 417,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $429,936
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 09, 2022
  • First Open Lien Mortgage Loan Amount: $429,936
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $292,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $490,000

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11898517286
  • Current Sale Price: $530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 466247
  • Previous Sale Recording Date: Sep 29, 2020
  • Previous Sale Contract Date: Jan 21, 2020
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 09, 2022
  • First Mortgage Loan Amount: $429,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Sep 29, 2020
  • Previous Mortgage Loan Amount: $228,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 38901 Paseo Corta located in?
The 38901 Paseo Corta is a located in the neighborhood of Riverside in Murrieta, Murrieta.
What is the average sales price for listings in 38901 Paseo Corta?
The average sales price for units in 38901 Paseo Corta is $0 currently.

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