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4885 Sagewood Lane

4885 Sagewood Lane, Hemet, CA 92545
Property in Riverside
Sold Jul 15, 2005
$394,000
$194,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2035
Sold Nov 26, 2003
$250,000
Seller
$195,000 by Skyline Funding
Mortgage Due Dec 01, 2010
Local assessors in Hemet, CA have categorized 4885 Sagewood Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 5,663 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4885 Sagewood Lane has a total of 2,675 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4885 Sagewood Lane sold most recently in Jun 8, 2005 for a total of $394,000. If you work out the math, that's approximately a cost of $126.44 per sqft. Before that, the property was also sold for $250,000 in Oct 28, 2003. 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 $5,732 in taxes each year. 4885 Sagewood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $481,196. If we break it down further, the land itself was valued at $91,879. Improvements to the property, however, were assessed at a total of $389,317. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,116
  • Gross Building Area: 3,116
  • Building Area: 2,675
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,675
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 86 MB 231/084 TR 24124-9

Ownership

  • Current Owner : ESPARZA OCTAVIO
  • Current Owner 2: ESPARZA TERESA
  • Previous Owner : BENARD MAURICE
  • Owner Before Previous Owner: SMITH JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043318

Geography

  • Subdivision Tract Number: 24124-9
  • Parcel: 460-083-006
  • Lot: 86
  • Municipality: HEMET
  • Latitude: 33.7215
  • Longitude: -117.023

    Address

  • Full Address: 4885 Sagewood Ln
  • Address - House Number: 4885
  • Address - Street Name: Sagewood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Hemet
  • Carrier Code: R008
  • 4-Digit Zip Code: 8044
  • Zip Code: 92545

Valuation

    Tax

  • Total Area: 2,675
  • Tax Year: 2023
  • Tax Amount: $5,732
  • Tax Rate Code Area: 006-027

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 523,897
  • High Value: 616,861
  • Low Value: 430,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 15, 2005
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $444,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,196
  • Assessed Land Value: $91,879
  • Assessed Improvements Value: $389,317

    Sales

  • Current Sale Contract Date: Jun 08, 2005
  • Current Sale Recording Date: Jul 15, 2005
  • Current Sale Transaction ID: 1033669061
  • Current Sale Price: $394,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005-0567349
  • Previous Sale Recording Date: Nov 26, 2003
  • Previous Sale Contract Date: Oct 28, 2003
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 15, 2005
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FUNDING
  • Previous Mortgage Transaction Date: Nov 26, 2003
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Dec 01, 2010

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Frequently Asked Questions

What neighborhood is 4885 Sagewood Lane located in?
The 4885 Sagewood Lane is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 4885 Sagewood Lane?
The average sales price for units in 4885 Sagewood Lane is $0 currently.

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