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998 Banbury Drive

998 Banbury Drive, Hemet, CA 92544
Property in Riverside
Sold Jun 21, 2016
$260,000
$238,095 by Envoy Mortgage Ltd
Mortgage Due Jul 01, 2046
Sold Nov 28, 2001
$194,000
$153,750 by North American Mtg
Mortgage Due Dec 01, 2031
998 Banbury Drive in Hemet, CA was first built in 2002 and is 22 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 998 Banbury Drive has 1,910 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 7,841 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. 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 640 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. 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, 998 Banbury Drive sold most recently in May 17, 2016 for a total of $260,000. If you work out the math, that's approximately a cost of $101.96 per sqft. Before that, the property was also sold for $194,000 in Jun 25, 2001. 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 $3,406 in taxes each year. 998 Banbury Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $295,831. If we break it down further, the land itself was valued at $45,510. Improvements to the property, however, were assessed at a total of $250,321. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,550
  • Gross Building Area: 2,550
  • Building Area: 1,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,910
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 20 MB 235/072 TR 22900-3

Ownership

  • Current Owner : MARKLEY JENNIFER JOY
  • Previous Owner : PARK RICHARD W
  • Previous Owner 2: PARK JUDITH M
  • Owner Before Previous Owner: HERITAGE HORIZONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043524

Geography

  • Subdivision Tract Number: 22900-3
  • Parcel: 551-433-007
  • Lot: 20
  • Municipality: HEMET
  • Latitude: 33.7637
  • Longitude: -116.924

    Address

  • Full Address: 998 Banbury Dr
  • Address - House Number: 998
  • Address - Street Name: Banbury
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Hemet
  • Carrier Code: C074
  • 4-Digit Zip Code: 1835
  • Zip Code: 92544

Valuation

    Tax

  • Total Area: 1,910
  • Tax Year: 2023
  • Tax Amount: $3,406
  • Tax Rate Code Area: 006-130

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 502,656
  • High Value: 601,750
  • Low Value: 403,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,095
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Jun 21, 2016
  • First Open Lien Mortgage Loan Amount: $238,095
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $343,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,831
  • Assessed Land Value: $45,510
  • Assessed Improvements Value: $250,321

    Sales

  • Current Sale Contract Date: May 17, 2016
  • Current Sale Recording Date: Jun 21, 2016
  • Current Sale Transaction ID: 1615184517
  • Current Sale Price: $260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0254057
  • Previous Sale Recording Date: Nov 28, 2001
  • Previous Sale Contract Date: Jun 25, 2001
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Jun 21, 2016
  • First Mortgage Loan Amount: $238,095
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Nov 28, 2001
  • Previous Mortgage Loan Amount: $153,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2031

About Hemet



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 998 Banbury Drive located in?
The 998 Banbury Drive is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 998 Banbury Drive?
The average sales price for units in 998 Banbury Drive is $0 currently.

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