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40395 Bruce Lane

40395 Bruce Lane, Temecula, CA 92592
Property in Riverside
Sold Jun 27, 2017
$660,000
$645,000 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Feb 07, 1996
$235,000
$188,000 by Empire Financial
Mortgage Due Feb 01, 2026
40395 Bruce Lane has been categorized by the local assessors in Temecula, CA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 40395 Bruce Lane has 2,940 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 241,322 square feet.

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 attached garage for those who require parking. The garage measured 586 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of gravel/rock. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property was last sold in Jun 26, 2017 for $660,000. That's $185.86 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 1996 for $235,000. 40395 Bruce Lane was last assessed in 2023. The total value of the property was assessed at $736,238. Specifically, the land the property is located on was valued at $195,213. While improvements on the property were assessed at a total of $541,025. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,938. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 586
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 241,322
  • Total Building Area: 3,551
  • Gross Building Area: 3,551
  • Building Area: 2,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP 15298
  • Land Acres: 5.54
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: 5.54 ACRES NET IN PAR 3 PM 087/031 PM 15298

Ownership

  • Current Owner : KOURES ANTONLOS G
  • Current Owner 2: KOURES ANUPAMA K
  • Previous Owner : VEGA LUIS R
  • Previous Owner 2: VEGA MARIA S
  • Owner Before Previous Owner: GE CAPITAL MTG SERVICES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 043293

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 15298
  • Parcel: 915-230-027
  • Lot: 3
  • Municipality: TEMECULA VALLEY
  • Latitude: 33.5365
  • Longitude: -116.983

    Address

  • Full Address: 40395 Bruce Ln
  • Address - House Number: 40395
  • Address - Street Name: Bruce
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Temecula
  • Carrier Code: R060
  • 4-Digit Zip Code: 8875
  • Zip Code: 92592

Valuation

    Tax

  • Total Area: 2,940
  • Tax Year: 2023
  • Tax Amount: $10,938
  • Tax Rate Code Area: 094-167

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,078,578
  • High Value: 1,267,768
  • Low Value: 889,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $645,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 07, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $645,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $834,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736,238
  • Assessed Land Value: $195,213
  • Assessed Improvements Value: $541,025

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Transaction ID: 1731680605
  • Current Sale Price: $660,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0259729
  • Previous Sale Recording Date: Feb 07, 1996
  • Previous Sale Contract Date: Jan 03, 1996
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY & STATE EMPLOYEES C
  • First Mortgage Transaction Date: Jun 27, 2017
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: EMPIRE FINANCIAL
  • Previous Mortgage Transaction Date: Feb 07, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2026

About Riverside



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Frequently Asked Questions

What neighborhood is 40395 Bruce Lane located in?
The 40395 Bruce Lane is a located in the neighborhood of Riverside in Riverside, Temecula.
What is the average sales price for listings in 40395 Bruce Lane?
The average sales price for units in 40395 Bruce Lane is $0 currently.

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