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742 Lorraine Lane

742 Lorraine Lane, Hemet, CA 92543
Property in Riverside
Sold May 19, 2011
$83,500
$81,098 by Guild Mortgage Co
Mortgage Due Jun 01, 2041
Sold Jun 24, 2004
$236,000
$85,000 by World Savings Bank Fsb
Mortgage Due Jul 15, 2034
742 Lorraine Lane in Hemet, CA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 742 Lorraine Lane has 1,229 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of block. 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 and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 742 Lorraine Lane sold most recently in Mar 18, 2011 for a total of $83,500. If you work out the math, that's approximately a cost of $46.80 per sqft. Before that, the property was also sold for $236,000 in May 27, 2004. 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 $2,469 in taxes each year. 742 Lorraine Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,810. If we break it down further, the land itself was valued at $24,622. Improvements to the property, however, were assessed at a total of $78,188. 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. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Block
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,784
  • Gross Building Area: 1,784
  • Building Area: 1,229
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,229
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 3 MB 083/030 TR 6695

Ownership

  • Current Owner : WILLIAMS SHERRY M
  • Previous Owner : HULL JERRY
  • Owner Before Previous Owner: REMINGER JOHN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043403

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 6695
  • Parcel: 446-205-023
  • Lot: 3
  • Municipality: HEMET
  • Latitude: 33.7352
  • Longitude: -116.973

    Address

  • Full Address: 742 Lorraine Ln
  • Address - House Number: 742
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Hemet
  • Carrier Code: C015
  • 4-Digit Zip Code: 7036
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2023
  • Tax Amount: $2,469
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 341,859
  • High Value: 409,567
  • Low Value: 274,151

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $83,594
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 19, 2011
  • First Open Lien Mortgage Loan Amount: $81,098
  • 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, 2041
  • Second Open Lien Mortgage Lender: CALIFORNIA HOUSING FINANCE AGE
  • Second Open Lien Mortgage Recording Date: May 19, 2011
  • Second Open Lien Mortgage Loan Amount: $2,496
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Market Valuation

  • Market Total Value: $189,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,810
  • Assessed Land Value: $24,622
  • Assessed Improvements Value: $78,188

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2011
  • Current Sale Recording Date: May 19, 2011
  • Current Sale Transaction ID: 1040380194
  • Current Sale Price: $83,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2011-0220222
  • Previous Sale Recording Date: Jun 24, 2004
  • Previous Sale Contract Date: May 27, 2004
  • Previous Sale Amount: $236,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: May 19, 2011
  • First Mortgage Loan Amount: $81,098
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2041
  • Second Mortgage Lender: CALIFORNIA HOUSING FINANCE AGE
  • Second Mortgage Loan Amount: $2,496
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Jun 24, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jul 15, 2034

About Hemet



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Frequently Asked Questions

What neighborhood is 742 Lorraine Lane located in?
The 742 Lorraine Lane is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 742 Lorraine Lane?
The average sales price for units in 742 Lorraine Lane is $0 currently.

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