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408 Ellis Street

408 Ellis Street, Lake Elsinore, CA 92530
Sold Nov 25, 2020
$300,000
$291,000 by American Pacific Mortgage Corp
Mortgage Due Dec 01, 2050
Sold Nov 21, 2008
$100,000
408 Ellis Street has been categorized by the local assessors in Lake Elsinore, CA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. 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, 408 Ellis Street has 1,080 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 7,405 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 detached garage for those who require parking. The garage measured 240 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 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. The building on the property is connected to a sewer system. The property was last sold in Oct 2, 2020 for $300,000. That's $227.79 per sqft. Prior to that sales transaction, the property was also sold in Nov 19, 2008 for $100,000. 408 Ellis Street was last assessed in 2023. The total value of the property was assessed at $312,120. Specifically, the land the property is located on was valued at $78,030. While improvements on the property were assessed at a total of $234,090. 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 $3,678. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,317
  • Gross Building Area: 1,317
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SMITHS ADD TO ELSINORE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 21 BLK 511 MB 002/135 SD SMITHS ADD TO ELSINORE

Ownership

  • Current Owner : ROCHA JOEL MARCO RIVERO
  • Current Owner 2: RECINOS KIMBERLY ROXANA
  • Previous Owner : MATTERA JOHN KEITH
  • Previous Owner 2: MATTERA MARIA
  • Owner Before Previous Owner: DIAZ PORFIRIO
  • Owner Before Previous Owner 2: DIAZ MARIA H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 043001

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 511
  • Parcel: 377-282-009
  • Block: 511
  • Lot: 21
  • Municipality: LAKE ELSINORE
  • Latitude: 33.6735
  • Longitude: -117.324

    Address

  • Full Address: 408 Ellis St
  • Address - House Number: 408
  • Address - Street Name: Ellis
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C014
  • 4-Digit Zip Code: 3830
  • Zip Code: 92530

Valuation

    Tax

  • Total Area: 1,080
  • Tax Year: 2023
  • Tax Amount: $3,678
  • Tax Rate Code Area: 005-043

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 442,420
  • High Value: 529,246
  • Low Value: 355,593

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $291,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Nov 25, 2020
  • Second Open Lien Mortgage Loan Amount: $9,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $265,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,120
  • Assessed Land Value: $78,030
  • Assessed Improvements Value: $234,090

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11804919357
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0592096
  • Previous Sale Recording Date: Nov 21, 2008
  • Previous Sale Contract Date: Nov 19, 2008
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $291,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Lake Elsinore Historic District



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Nearby Rentals

Unit for rent at 150 E Lakeshore Drive, Lake Elsinore, CA, 92530

$1,650 /mo

  • 2 Beds
  • 1.5 Baths
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150 E Lakeshore Drive #79, Lake Elsinore, CA, 92530 Listing by SCOTT FARNAM

Frequently Asked Questions

What neighborhood is 408 Ellis Street located in?
The 408 Ellis Street is a house located in the neighborhood of Lake Elsinore Historic District in Lake Elsinore Historic District, Lake Elsinore.
What is the average sales price for listings in 408 Ellis Street?
The average sales price for units in 408 Ellis Street is $295,000 , or $273/sqft. currently.

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