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505 Oak Ln Lane

505 Oak Ln Lane, Green Valley Lake, CA 92341
Property in San Bernardino
Sold Jul 02, 2009
$121,000
$96,800 by Homespun Mortgage Corporation
Mortgage Due Jul 01, 2039
505 Oak Ln Lane has been categorized by the local assessors in Green Valley Lake, CA as a residential type of property. The building on the property was first built in 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 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, 505 Oak Ln Lane has 1,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 600 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 3,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame 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 roof of the building is made of materials that we aren't sure of. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 4, 2009 for $121,000. That's $106.14 per sqft. 505 Oak Ln Lane was last assessed in 2023. The total value of the property was assessed at $119,109. Specifically, the land the property is located on was valued at $13,649. While improvements on the property were assessed at a total of $105,460. 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 $1,768. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREEN VALLEY LAKE
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 1931 LOT 28 BLOCK 1 TR NO 1931 GREEN VALLEY LAKE LOT 28 BLK 1 EX BEG AT THE NW COR OF SD LOT TH S ALG THE W L1 OF SD LOT 50 FT TH ELY PARALLEL W1TH THE NLY L1 OF SD LOT 100 FT TH NLY PARALLEL W1 THE WLY L1 OF SD LOT TO A PT 1N THE NLY

Ownership

  • Current Owner : BURT DAVID A
  • Previous Owner : REILLY MICHAEL
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rim of the World Unified School District
  • Census Tract: 011102

Zoning

  • Zoning: HTRS

Geography

  • Assessors Map Reference: 96-A4
  • District: 17
  • Subdivision Tract Number: 1931
  • Parcel: 0326-186-18-0000
  • Block: 1
  • Lot: 28
  • Municipality: TWIN PEAKS
  • Latitude: 34.2442
  • Longitude: -117.07

    Address

  • Full Address: 505 Oak Ln
  • Address - House Number: 505
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Green Valley Lake
  • Zip Code: 92341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,768
  • Tax Rate Code Area: 105-056

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 391,343
  • High Value: 469,179
  • Low Value: 313,507

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $193,600
  • First Open Lien Mortgage Lender: HOMESPUN MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 02, 2009
  • First Open Lien Mortgage Loan Amount: $96,800
  • 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: Jul 01, 2039
  • Second Open Lien Mortgage Lender: HOMESPUN MORTGAGE CORPORATION
  • Second Open Lien Mortgage Recording Date: Jun 09, 2011
  • Second Open Lien Mortgage Loan Amount: $96,800
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,109
  • Assessed Land Value: $13,649
  • Assessed Improvements Value: $105,460

    Sales

  • Current Sale Contract Date: Jun 04, 2009
  • Current Sale Recording Date: Jul 02, 2009
  • Current Sale Transaction ID: 1058878832
  • Current Sale Price: $121,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0291732

    Last Sale Mortgage

  • First Mortgage Lender: HOMESPUN MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 02, 2009
  • First Mortgage Loan Amount: $96,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2039

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 Oak Ln Lane located in?
The 505 Oak Ln Lane is a located in the neighborhood of San Bernardino in San Bernardino, Green Valley Lake.
What is the average sales price for listings in 505 Oak Ln Lane?
The average sales price for units in 505 Oak Ln Lane is $0 currently.

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