NOT LISTED FOR SALE

14345 Cheri Ln Poway, CA 92064

Estimated Value: $3,445,793 - $4,170,000

5 Beds
5.5 Baths
6,200 Sq Ft
$599/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $3,400,000 $548 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $23,253/month

73 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Primary Bedroom Suite
  • Painted Rock Elementary Rated A
  • Solar Power System
  • View of Trees or Woods

About This Home

As of April 2024

Experience luxury living in this exquisitely crafted, one-of-a kind, single level, Mediterranean-inspired estate designed and built by Master Builder Greg Agee. Located within the highly sought after and prestigious guard gated community of The Heritage, this home offers 6,200 square feet of refined living spaces and custom details throughout. The estate rests atop a serene, private, one-acre parcel with views that span out to the acclaimed Maderas Golf Course. Upon entering, be captivated by the grandeur of soaring ceilings and an abundance of natural light streaming through the oversized windows. The wood-paneled office, adorned with coffered ceilings and built-in shelves, sits just beyond the entry, offering a bright and open workspace with courtyard views. This regal workspace transcends the ordinary, capturing a sense of grandeur and refinement. The formal living room boasts floor-to-ceiling windows that invite the outdoors in. With an oversized stone fireplace and soaring ceilings, no detail has been overlooked. The dining room, perfect for entertaining parties of family, friends or clients, is graced by two stunning chandeliers that infuse a touch of glamour and elegance into the space. The kitchen, a culinary masterpiece, features beautiful wood cabinets, sandy stone countertops, stainless steel high-end appliances, a walk-in pantry, and a generous island. Adjacent to the kitchen, a sunlit breakfast nook provides a charming space for enjoying meals. The great room, adorned with vaulted wooden ceilings, a large stone fireplace, and ample windows, seamlessly connects to the adjacent bar, creating an ideal atmosphere for entertaining guests. The primary suite, a haven of opulence, showcases floor-to-ceiling windows and glass doors that lead to the backyard oasis. A stone fireplace and soaring ceilings contribute to the elevated ambiance. The spa-inspired bathroom indulges with a beautiful tile flooring, dual vanities, an oversized tub, two expansive walk-in closets, and a walk-in shower. Three additional bedrooms, each generously sized and bathed in natural light, boast their own spacious en-suite bathrooms with shower/tub combos and walk-in closets. The laundry room is thoughtfully designed with built-in cabinets, ensuring ample storage. Step outside into your private paradise, where resort-style living awaits the entire family. The lush backyard is adorned with a pool, spa, water features, grassy expanses, brand new outdoor BBQ, and multiple seating areas – an idyllic setting for entertaining. The attached 4-car garage comes complete with built-in cabinets for convenient storage. The home also has a large, owned solar system. Nestled within a tranquil enclave, this estate offers a lavish living experience, seamlessly combining seclusion with proximity to shopping, dining, entertainment, freeways and more!

Last Agent to Sell the Property

David Butler

Real Broker Brokerage Email: david@sandiegoexperts.com License #02040296 Listed on: 01/17/2024

Real Broker

Co-Listed By

Julie Butler

Real Broker Brokerage Email: david@sandiegoexperts.com License #02028216

Last Buyer's Agent

Abigail Latta

The Agency License #02042065

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Private Yard
  • Back and Front Yard
  • Property is zoned R-1:Single Fam-Res

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Woods
  • Canyon
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,200 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Game Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Air
  • No Heating

Additional Features

  • Solar Power System
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 1370
  • Assessor Parcel Number 2772000900

Community Details

Overview

  • The Heritage Association, Phone Number (858) 795-7111
  • Prescott Management HOA
  • Mountainous Community

Recreation

  • Golf Course Community
  • Hiking Trails

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$790 per month

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2772000900
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6200.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Great Room, Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 548.39
  • Room Type: All Bedrooms Down, Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Suite, Office, Walk-In Closet

Exterior Features

  • View: Canyon, Hills, Mountain(s), Trees/Woods
  • Fence: No
  • Pool Features: Fenced, In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Guard, Security
  • Association Fee: 790.00
  • Association Fee Frequency: Monthly
  • Association Name: The Heritage
  • Phone: 858-795-7111
  • Senior Community: No
  • Community Features: Golf, Mountainous, Suburban, Hiking
  • Association Management: Prescott Management

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.0000 Acres
  • Number Of Units In Community: 111

Tax Info

  • Tax Tract Number: 01370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 4, 2024
Sold by
Lloyd Wells Gift and Wells Lloyd H
Bought by
Broadus Cordell and Broadus Sophia
Seller's Agent
David Butler
Real Broker
Buyer's Agent
Abigail Latta
The Agency
List Price
$3,800,000
Sold Price
$3,400,000
Premium/Discount to List
-$400,000
-10.53%
Views
11311
Current Estimated Value
$3,719,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,647
Avg. Annual Appreciation
5.33%
Original Mortgage
$2,500,000
Outstanding Balance
$2,461,642
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,252,056

Purchase Details

Closed on
Aug 3, 2000
Sold by
Wells Lloyd H
Bought by
Wells Lloyd H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.12%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Greg Agee Construction Inc
Bought by
Lloyd Wells Gift Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Broadus Cordell $3,400,000 Lawyers Title
Wells Lloyd H -- First American Title
Lloyd Wells Gift Trust $2,050,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadus Cordell $2,500,000
Previous Owner Wells Lloyd H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $3,400,000 -2.9% $548 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/09/2024 03/09/24 Price Changed $3,500,000 -1.4% $565 / Sq Ft
02/08/2024 02/08/24 Price Changed $3,550,000 -6.6% $573 / Sq Ft
01/17/2024 01/17/24 For Sale $3,800,000 -- $613 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $36,389 $3,468,000 $1,020,000 $2,448,000
2024 $36,389 $3,216,911 $1,506,750 $1,710,161
2023 $30,549 $2,700,000 $1,443,000 $1,257,000
2022 $29,518 $2,600,000 $1,390,000 $1,210,000
2021 $23,500 $2,050,000 $1,096,000 $954,000
2020 $23,423 $2,050,000 $1,096,000 $954,000
2019 $24,387 $2,150,000 $1,150,000 $1,000,000
2018 $24,728 $2,200,000 $1,100,000 $1,100,000
2017 $172 $2,350,000 $1,100,000 $1,250,000
2016 $26,179 $2,350,000 $1,100,000 $1,250,000
2015 $26,182 $2,350,000 $1,100,000 $1,250,000
2014 $23,333 $2,100,000 $983,000 $1,117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400447

California Regional Multiple Listing Service (CRMLS)

APN: 277-200-09