NOT LISTED FOR SALE

Estimated Value: $501,000 - $561,000

3 Beds
2 Baths
1,311 Sq Ft
$408/Sq Ft Est. Value

About This Home

This home is located at 32480 Somerset Dr, Lake Elsinore, CA 92530 and is currently estimated at $534,252, approximately $407 per square foot. 32480 Somerset Dr is a home located in Riverside County with nearby schools including William Collier Elementary School, David A. Brown Middle School, and Elsinore High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2009
Sold by
Herrero Margaret R and Herrero Dante
Bought by
Chen Weiping
Current Estimated Value
$534,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Martin Jamie
Bought by
Herrero Dante and Herrero Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Martin Chris
Bought by
Martin Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Martin Chris and Martin Jamie
Bought by
Martin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Martin Beverly
Bought by
Martin Chris and Martin Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Nohilly Edward A and Nohilly Gemma
Bought by
Martin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,120
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Weiping $152,000 Pacific Coast Title Company
Herrero Dante $315,000 United Title Company
Martin Jamie -- United Title Company
Martin Jamie $230,000 United Title Company
Martin Beverly -- --
Martin Chris -- --
Martin Beverly $159,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Weiping $116,000
Closed Chen Weiping $117,600
Previous Owner Herrero Margaret R $285,000
Previous Owner Herrero Dante $71,000
Previous Owner Herrero Dante $284,000
Previous Owner Herrero Dante $252,000
Previous Owner Martin Jamie $8,000
Previous Owner Martin Jamie $195,500
Previous Owner Martin Beverly $127,120
Closed Herrero Dante $63,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,008 $196,186 $64,532 $131,654
2023 $2,008 $188,570 $62,027 $126,543
2022 $1,943 $184,873 $60,811 $124,062
2021 $1,905 $181,249 $59,619 $121,630
2020 $1,886 $179,391 $59,008 $120,383
2019 $1,849 $175,874 $57,851 $118,023
2018 $1,814 $172,426 $56,717 $115,709
2017 $1,779 $169,046 $55,605 $113,441
2016 $1,714 $165,732 $54,515 $111,217
2015 $1,694 $163,246 $53,698 $109,548
2014 $1,638 $160,051 $52,648 $107,403
Source: Public Records

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