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42050 Karrie Lane

42050 Karrie Lane, Murrieta, CA 92562
Property in Riverside
Sold Mar 14, 2003
$401,500
$280,700 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2040
42050 Karrie Lane has been categorized by the local assessors in Murrieta, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 42050 Karrie Lane has 3,738 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,583 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 947 sqft. According to our sources, there are a total of 4 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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 wood control joints. The roof of the building is made of tile. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 42050 Karrie Lane sold most recently in Jul 11, 2002 for a total of $401,500. If you work out the math, that's approximately a cost of $85.70 per sqft. 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 $8,073 in taxes each year. 42050 Karrie Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $599,898. If we break it down further, the land itself was valued at $118,311. Improvements to the property, however, were assessed at a total of $481,587. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 947
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,685
  • Gross Building Area: 4,685
  • Building Area: 3,738
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,738
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .22 ACRES IN LOT 3 MB 309/063 TR 23187-2

Ownership

  • Current Owner : JORDAN MICHAEL DAMION
  • Current Owner 2: JORDAN LAURA ALICIA
  • Previous Owner : J P RHOADES DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 049701

Geography

  • Subdivision Tract Number: 23187-2
  • Parcel: 906-581-003
  • Lot: 3
  • Municipality: MURRIETA
  • Latitude: 33.5778
  • Longitude: -117.241

    Address

  • Full Address: 42050 Karrie Ln
  • Address - House Number: 42050
  • Address - Street Name: Karrie
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R043
  • 4-Digit Zip Code: 6316
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 3,738
  • Tax Year: 2023
  • Tax Amount: $8,073
  • Tax Rate Code Area: 024-082

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 901,488
  • High Value: 1,081,976
  • Low Value: 720,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,700
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 19, 2010
  • First Open Lien Mortgage Loan Amount: $280,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Market Valuation

  • Market Total Value: $743,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $599,898
  • Assessed Land Value: $118,311
  • Assessed Improvements Value: $481,587

    Sales

  • Current Sale Contract Date: Jul 11, 2002
  • Current Sale Recording Date: Mar 14, 2003
  • Current Sale Transaction ID: 1034450372
  • Current Sale Price: $401,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003-183104

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Mar 14, 2003
  • First Mortgage Loan Amount: $301,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2033

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 42050 Karrie Lane located in?
The 42050 Karrie Lane is a located in the neighborhood of Riverside in Murrieta, Murrieta.
What is the average sales price for listings in 42050 Karrie Lane?
The average sales price for units in 42050 Karrie Lane is $0 currently.

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