NOT LISTED FOR SALE

424 Lorene Ct Ridgecrest, CA 93555

Estimated Value: $438,000 - $547,000

4 Beds
2 Baths
2,435 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 424 Lorene Ct, Ridgecrest, CA 93555 and is currently estimated at $492,617, approximately $202 per square foot. 424 Lorene Ct is a home located in Kern County with nearby schools including Pierce Elementary School, James Monroe Middle School, and Burroughs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Lazaro Michael T and Lazaro Michele M
Bought by
Kurtz Lucas R and Kurtz Eva C
Current Estimated Value
$492,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Outstanding Balance
$373,211
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$120,297

Purchase Details

Closed on
Apr 3, 2020
Sold by
Board Larry A and Board Ari Jill
Bought by
Lazaro Michael T and Lazaro Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,655
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Wagner Larry H and Wagner Lorry D
Bought by
Mertz Harry I and Mertz Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
6.3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kurtz Lucas R $477,500 Chicago Title Company
Lazaro Michael T $385,000 Chicago Title Company
Mertz Harry I $500 First American Title
Board Larry A $25,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurtz Lucas R $382,000
Previous Owner Lazaro Michael T $365,655
Previous Owner Board Larry A $379,400
Previous Owner Board Larry A $404,000
Previous Owner Board Larry A $75,000
Previous Owner Board Larry A $245,100
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 $5,814 $487,050 $61,200 $425,850
2024 $4,858 $477,500 $60,000 $417,500
2023 $4,858 $403,650 $36,790 $366,860
2022 $4,760 $395,736 $36,069 $359,667
2021 $4,661 $387,977 $35,362 $352,615
2020 $3,721 $306,412 $32,494 $273,918
2019 $3,655 $306,412 $32,494 $273,918
2018 $3,582 $294,517 $31,233 $263,284
2017 $3,569 $288,744 $30,621 $258,123
2016 $3,402 $281,000 $70,000 $211,000
2015 $2,622 $209,000 $52,000 $157,000
2014 $2,990 $253,000 $63,000 $190,000
Source: Public Records

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