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4777 Formosa Way

4777 Formosa Way, Perris, CA 92571
Sold Aug 31, 2022
$580,000
$300,000 by American Financial Network Inc
Mortgage Due Sep 01, 2052
Sold Jan 18, 2017
$358,500
$58,183 by Home American Mortgage Corp
Mortgage Due Feb 01, 2032
4777 Formosa Way has been categorized by the local assessors in Perris, CA as a residential type of property. The building on the property was first built in 2016 and is 8 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4777 Formosa Way has 2,652 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 attached garage for those who require parking. The garage measured 431 sqft. According to our sources, there are a total of 2 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 B by the local assessor. The roof of the building is made of tile. 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. 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, 4777 Formosa Way was last sold in Aug 10, 2022 for $580,000. According to our calculations, that's $184.19 per sqft. Prior to that sales transaction, the property was sold for $358,500 in Jun 17, 2016. Current property owners are expected to pay $4,758 in taxes per year. The property on 4777 Formosa Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,337. To break that down further, the land itself was valued at $29,138. While improvements to the property were assessed at a total of $196,199. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 431
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,149
  • Gross Building Area: 3,149
  • Building Area: 2,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 32707
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .17 ACRES M/L IN LOT 71 MB 418/080 TR 32707

Ownership

  • Current Owner : JACKSON DARRYL D
  • Current Owner 2: THOMAS DEDERA M
  • Previous Owner : VALLE ANN L REVOCABLE TRUST
  • Owner Before Previous Owner: RICHMOND AMERICAN HOMES OF MARYLAND INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Val Verde Unified School District
  • Census Tract: 042625

Geography

  • Subdivision Tract Number: 32707
  • Parcel: 302-311-006
  • Lot: 71
  • Municipality: PERRIS
  • Latitude: 33.8584
  • Longitude: -117.208

    Address

  • Full Address: 4777 Formosa Way
  • Address - House Number: 4777
  • Address - Street Name: Formosa
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Perris
  • Carrier Code: R013
  • 4-Digit Zip Code: 5117
  • Zip Code: 92571

Valuation

    Tax

  • Total Area: 2,492
  • Tax Year: 2023
  • Tax Amount: $4,758
  • Tax Rate Code Area: 008-140

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 597,582
  • High Value: 716,848
  • Low Value: 478,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $469,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,337
  • Assessed Land Value: $29,138
  • Assessed Improvements Value: $196,199

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895287523
  • Current Sale Price: $580,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 378190
  • Previous Sale Recording Date: Jan 18, 2017
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $358,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME AMERICAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 18, 2017
  • Previous Mortgage Loan Amount: $58,183
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2032

About North Industrial Perris



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Frequently Asked Questions

What neighborhood is 4777 Formosa Way located in?
The 4777 Formosa Way is a located in the neighborhood of North Industrial Perris in North Industrial Perris, Perris.
What is the average sales price for listings in 4777 Formosa Way?
The average sales price for units in 4777 Formosa Way is $0 currently.

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