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53000 Alba Street

53000 Alba Street, Lake Elsinore, CA 92532
Sold May 10, 2013
$232,500
$227,959 by Bank Of America Na
Mortgage Due Jun 01, 2043
Sold Aug 21, 2012
$271,468
Local assessors in Lake Elsinore, CA have categorized 53000 Alba Street as a residential type of property. The home was built in 2008 and is 16 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 6,970 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, 5 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 53000 Alba Street has a total of 3,487 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 641 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. 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. 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, 53000 Alba Street sold most recently in Apr 23, 2013 for a total of $232,500. If you work out the math, that's approximately a cost of $55.17 per sqft. Before that, the property was also sold for $271,468 in Aug 15, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,588 in taxes each year. 53000 Alba Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $275,177. If we break it down further, the land itself was valued at $94,683. Improvements to the property, however, were assessed at a total of $180,494. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. 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: 2008
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 641
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 4,214
  • Gross Building Area: 4,214
  • Building Area: 3,487
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,487
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .16 ACRES M/L IN LOT 58 MB 419/015 TR 32503

Ownership

  • Current Owner : REDD JAMES N
  • Current Owner 2: GURULE MELISSA A
  • Previous Owner : THE SECRETARY OF HOUSING & URBAN DEVELOP
  • Owner Before Previous Owner: XIONG GILBERT
  • Owner Before Previous Owner 2: YANG MAI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Elsinore Unified School District
  • Census Tract: 042749

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 32503
  • Parcel: 349-611-007
  • Lot: 58
  • Municipality: LAKE ELSINORE
  • Latitude: 33.7074
  • Longitude: -117.309

    Address

  • Full Address: 53000 Alba St
  • Address - House Number: 53000
  • Address - Street Name: Alba
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lake Elsinore
  • Carrier Code: C025
  • 4-Digit Zip Code: 1652
  • Zip Code: 92532

Valuation

    Tax

  • Total Area: 3,487
  • Tax Year: 2023
  • Tax Amount: $8,588
  • Tax Rate Code Area: 005-088

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 617,817
  • High Value: 728,285
  • Low Value: 507,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,959
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 10, 2013
  • First Open Lien Mortgage Loan Amount: $227,959
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2043

    Market Valuation

  • Market Total Value: $467,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,177
  • Assessed Land Value: $94,683
  • Assessed Improvements Value: $180,494

    Sales

  • Current Sale Contract Date: Apr 23, 2013
  • Current Sale Recording Date: May 10, 2013
  • Current Sale Transaction ID: 1039248853
  • Current Sale Price: $232,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0222418
  • Previous Sale Recording Date: Aug 21, 2012
  • Previous Sale Contract Date: Aug 15, 2012
  • Previous Sale Amount: $271,468
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 10, 2013
  • First Mortgage Loan Amount: $227,959
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2043

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 53000 Alba Street located in?
The 53000 Alba Street is a located in the neighborhood of Lake Elsinore Hills District in Lake Elsinore Hills District, Lake Elsinore.
What is the average sales price for listings in 53000 Alba Street?
The average sales price for units in 53000 Alba Street is $0 currently.

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