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7203 Elizabeth Lake Road

7203 Elizabeth Lake Road, Palmdale, CA 93551
Property in Los Angeles
Sold Oct 29, 2021
$665,000
$642,805 by R M K Financial Corp
Mortgage Due Nov 01, 2051
Sold Jul 01, 2010
$280,000
$286,020 by Bank Of America Na
Mortgage Due Jul 01, 2040
7203 Elizabeth Lake Road in Palmdale, CA was first built in 1981 and is 43 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7203 Elizabeth Lake Road has 2,219 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 159,474 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 7203 Elizabeth Lake Road sold most recently in Aug 25, 2021 for a total of $665,000. If you work out the math, that's approximately a cost of $299.68 per sqft. Before that, the property was also sold for $280,000 in Apr 26, 2010. 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 $8,306 in taxes each year. 7203 Elizabeth Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $678,300. If we break it down further, the land itself was valued at $204,000. Improvements to the property, however, were assessed at a total of $474,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 159,474
  • Total Building Area: 2,219
  • Building Area: 2,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,219
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.661
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT COM AT NE COR OF NW 1/4 OF SE 1/4 OF SEC 16 T 6N R 13W TH W 369.21 FT TH S TO NE LINE OF ELIZABETH LAKE RD TH SE THEREON AND NE ON NW LINE OF GODDE HILL RD TO A PT S FROM BEG TH N TO BEG LOT/SEC 16 BLK/DIV/TWN 6N REG/RNG13

Ownership

  • Current Owner : BARRIENTOS SILVIA SALAZAR
  • Previous Owner : HODGE CHRISTOPHER MAURICE
  • Previous Owner 2: THE RICHARD KAY HODGE LIVING T
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Westside Union Elementary School District
  • Census Tract: 901217

Zoning

  • Zoning: LCA22*

Geography

  • Assessors Map Reference: 171-A4
  • Parcel: 3205-003-065
  • Lot: 16
  • Meridian: SEC 16 TWN 06N RNG 13W
  • Municipality: LANCASTER /LEONA VALLEY
  • Latitude: 34.609
  • Longitude: -118.259

    Address

  • Full Address: 7203 Elizabeth Lake Rd
  • Address - House Number: 7203
  • Address - Street Name: Elizabeth Lake
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Leona Valley
  • Carrier Code: R012
  • 4-Digit Zip Code: 7514
  • Zip Code: 93551

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,306
  • Tax Rate Code Area: 15-063

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 738,594
  • High Value: 901,278
  • Low Value: 575,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $642,805
  • First Open Lien Mortgage Lender: R M K FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $642,805
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $678,300
  • Assessed Land Value: $204,000
  • Assessed Improvements Value: $474,300

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11861860991
  • Current Sale Price: $665,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1627837
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Contract Date: Apr 26, 2010
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: R M K FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $642,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 01, 2010
  • Previous Mortgage Loan Amount: $286,020
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Leona Valley



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4808 Avenida Vista Verde, Palmdale, CA, 93551 Listing by Alissa Simi

Frequently Asked Questions

What neighborhood is 7203 Elizabeth Lake Road located in?
The 7203 Elizabeth Lake Road is a located in the neighborhood of Los Angeles in Leona Valley, Palmdale.
What is the average sales price for listings in 7203 Elizabeth Lake Road?
The average sales price for units in 7203 Elizabeth Lake Road is $0 currently.

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