Check Availability

450 Vernal Lane

450 Vernal Lane, Hemet, CA 92545
Property in Riverside
Sold Feb 20, 2007
$446,500
$357,000 by First Horizon Home Loan Corp
Mortgage Due Mar 01, 2037
450 Vernal Lane in Hemet, CA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 450 Vernal Lane has 2,610 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 471 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 450 Vernal Lane sold most recently in Apr 19, 2006 for a total of $446,500. If you work out the math, that's approximately a cost of $143.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,446 in taxes each year. 450 Vernal Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $521,900. If we break it down further, the land itself was valued at $72,688. Improvements to the property, however, were assessed at a total of $449,212. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,102
  • Gross Building Area: 3,102
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,610
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .28 ACRES M/L IN LOT 51 MB 373/014 TR 31146

Ownership

  • Current Owner : WALLENDA LEONARD EFREM
  • Current Owner 2: WALLENDA KELLYE ANNE
  • Previous Owner : CORMAN BROOKE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043520

Geography

  • Subdivision Tract Number: 31146
  • Parcel: 455-560-004
  • Lot: 51
  • Municipality: HEMET
  • Latitude: 33.7541
  • Longitude: -117.033

    Address

  • Full Address: 450 Vernal Ln
  • Address - House Number: 450
  • Address - Street Name: Vernal
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Hemet
  • Carrier Code: C042
  • 4-Digit Zip Code: 4318
  • Zip Code: 92545

Valuation

    Tax

  • Total Area: 2,610
  • Tax Year: 2023
  • Tax Amount: $7,446
  • Tax Rate Code Area: 006-113

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 616,799
  • High Value: 740,290
  • Low Value: 493,309

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,000
  • First Open Lien Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Open Lien Mortgage Recording Date: Feb 20, 2007
  • First Open Lien Mortgage Loan Amount: $357,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $423,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,900
  • Assessed Land Value: $72,688
  • Assessed Improvements Value: $449,212

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2006
  • Current Sale Recording Date: Feb 20, 2007
  • Current Sale Transaction ID: 1040993312
  • Current Sale Price: $446,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2007-0115854

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Mortgage Transaction Date: Feb 20, 2007
  • First Mortgage Loan Amount: $357,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2037

About Hemet



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 450 Vernal Lane located in?
The 450 Vernal Lane is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 450 Vernal Lane?
The average sales price for units in 450 Vernal Lane is $0 currently.

Quantcast