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40918 Rise Court

40918 Rise Court, Palmdale, CA 93551
Property in Los Angeles
Sold Nov 29, 2022
$660,000
$852,217 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2054
Sold Sep 10, 2004
$525,000
$419,660 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2034
40918 Rise Court has been categorized by the local assessors in Palmdale, CA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 40918 Rise Court has 3,607 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 19,049 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. 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 A by the local assessor. 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. The property was last sold in Nov 22, 2022 for $660,000. That's $182.98 per sqft. Prior to that sales transaction, the property was also sold in Aug 4, 2004 for $525,000. 40918 Rise Court was last assessed in 2023. The total value of the property was assessed at $660,000. Specifically, the land the property is located on was valued at $211,500. While improvements on the property were assessed at a total of $448,500. 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 $9,777. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,049
  • Total Building Area: 3,607
  • Building Area: 3,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 51989
  • Land Acres: 0.437
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=51989 LOT 11

Ownership

  • Current Owner : THEORA MAREA BALSAM TRUST
  • Previous Owner : OPENDOOR PROPERTY TRUST
  • Owner Before Previous Owner: NRC HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Westside Union Elementary School District
  • Census Tract: 910302

Zoning

  • Zoning: PDA1*

Geography

  • Subdivision Tract Number: 51989
  • Parcel: 3001-096-035
  • Lot: 11
  • Municipality: LANCASTER /WEST PALMDALE
  • Latitude: 34.6259
  • Longitude: -118.22

    Address

  • Full Address: 40918 Rise Ct
  • Address - House Number: 40918
  • Address - Street Name: Rise
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palmdale
  • Carrier Code: R006
  • 4-Digit Zip Code: 5736
  • Zip Code: 93551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,777
  • Tax Rate Code Area: 11-082

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 737,827
  • High Value: 787,824
  • Low Value: 687,831

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $852,217
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 16, 2024
  • First Open Lien Mortgage Loan Amount: $852,217
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660,000
  • Assessed Land Value: $211,500
  • Assessed Improvements Value: $448,500

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Transaction ID: 11899143337
  • Current Sale Price: $660,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1114340
  • Previous Sale Recording Date: Sep 10, 2004
  • Previous Sale Contract Date: Aug 04, 2004
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 29, 2022
  • First Mortgage Loan Amount: $648,045
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 10, 2004
  • Previous Mortgage Loan Amount: $419,660
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About Palmdale



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Frequently Asked Questions

What neighborhood is 40918 Rise Court located in?
The 40918 Rise Court is a located in the neighborhood of Los Angeles in Palmdale, Palmdale.
What is the average sales price for listings in 40918 Rise Court?
The average sales price for units in 40918 Rise Court is $0 currently.

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