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47 Wallace Lake Drive South

47 Wallace Lake Drive South, Wallace, CA 95254
Property in Calaveras
Sold Oct 02, 2015
$268,000
Sold Apr 20, 2001
$239,000
$145,000 by North American Mtg
Mortgage Due May 01, 2031
47 Wallace Lake Drive South has been categorized by the local assessors in Wallace, CA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 7 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 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, 47 Wallace Lake Drive South has 1,988 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 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 garage for those who require parking. The garage measured 752 sqft. According to our sources, there are a total of 3 available parking spaces. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 47 Wallace Lake Drive South was last sold in Sep 29, 2015 for $268,000. According to our calculations, that's $134.81 per sqft. Prior to that sales transaction, the property was sold for $239,000 in Apr 10, 2001. Current property owners are expected to pay $4,044 in taxes per year. The property on 47 Wallace Lake Drive South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $304,933. To break that down further, the land itself was valued at $68,267. While improvements to the property were assessed at a total of $236,666. 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. 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!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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 752
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,988
  • Gross Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLACE LAKE ESTATES SUB
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: WALLACE LAKE ESTATES SUB UNIT 1 LOT 30

Ownership

  • Current Owner : WOODS CAM
  • Current Owner 2: WOODS TERRY L
  • Previous Owner : NEILL JACKIE A
  • Owner Before Previous Owner: ALL AIR HEATING & AIR CONDITIONING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Calaveras Unified School District
  • Census Tract: 000221

Zoning

  • Zoning: R1

Geography

  • Parcel: 048-064-006-000
  • Lot: 30
  • Latitude: 38.1974
  • Longitude: -120.973

    Address

  • Full Address: 47 Wallace Lake Dr S
  • Legal Unit: 1
  • Address - House Number: 47
  • Street Segment Direction: S
  • Address - Street Name: Wallace Lake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Wallace
  • Carrier Code: R777
  • 4-Digit Zip Code: 7216
  • Zip Code: 95254

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,044
  • Tax Rate Code Area: 051122

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 485,854
  • High Value: 586,230
  • Low Value: 385,479

    Open Liens

  • Second Open Lien Mortgage Lender: SCHOOLS FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Aug 01, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $188,500
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 23, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,933
  • Assessed Land Value: $68,267
  • Assessed Improvements Value: $236,666

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2015
  • Current Sale Recording Date: Oct 02, 2015
  • Current Sale Transaction ID: 1331237434
  • Current Sale Price: $268,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015-11017
  • Previous Sale Recording Date: Apr 20, 2001
  • Previous Sale Contract Date: Apr 10, 2001
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: JG WENTWORTH HOME LENDING INC
  • First Mortgage Transaction Date: Oct 02, 2015
  • First Mortgage Loan Amount: $139,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Apr 20, 2001
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2031

About Wallace



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Frequently Asked Questions

What neighborhood is 47 Wallace Lake Drive South located in?
The 47 Wallace Lake Drive South is a located in the neighborhood of Calaveras in Wallace, Wallace.
What is the average sales price for listings in 47 Wallace Lake Drive South?
The average sales price for units in 47 Wallace Lake Drive South is $0 currently.

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