NOT LISTED FOR SALE

14740 Descanso Dr Perris, CA 92570

Estimated Value: $890,000 - $1,037,000

4 Beds
3 Baths
3,054 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $699,000 $229 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,676/month

20 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • Panoramic View
  • El Cerrito Middle School Rated A-
  • Auto Driveway Gate
  • Custom Home

About This Home

As of November 2020

$50K Price Reduction! Rare chance to own a custom built horse property in the exclusive foothills of Lake Mathews! This unique corner lot has the house perfectly placed at the top of the hill, providing privacy & magnificent mountain, lake and city light views. The property comes with quality built horse facilities away from the main house, including stables, tack room and second garage; and a huge horse arena custom built for barrel racing with irrigation and light polls, as well as separate horse corral. The lot is fully fenced and has a custom automatic wrought iron lift gate for entry.
The home is turn key! Features include vaulted ceilings; hardwood and ceramic tile floors; main level and master wood burning fireplaces; remodeled master bathroom; master with a view (enjoy the sparkly city lights view as you drift off to sleep) & a huge walk-in closet; double paned windows and French doors leading to the picturesque front and back balconies; stainless steel appliances; custom wrought iron exterior & interior balcony railings; central AC/efficient heat pump; downstairs bedroom and full bathroom; & charming front patio with fountain. The big sunroom w/ windows galore to showcase the amazing view is included in the total SF. Detached newer storage shed included. The opportunities are endless with an abundance of usable space top to bottom!
Close to Riverside, Corona Crossings and Dos Lagos, yet still feels like a world away from city life. In highly rated CNUSD and no HOA!

Last Agent to Sell the Property

Tayyab Khan

The Home Agency License #01919320 Listed on: 08/25/2020

Co-Listed By

Talal Khan

The Home Agency License #02077867

Last Buyer's Agent

JEFFREY STEARMAN

Keller Williams OC Coastal Realty License #00932282

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 2.56 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Value in Land
  • Property is zoned R-A-2 1/2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Up Slope from Street
  • Driveway Up Slope From Street
  • Gravel Driveway
  • Auto Driveway Gate
  • Unpaved Parking

Property Views

  • Lake
  • Panoramic
  • City Lights
  • Mountain
  • Rock

Home Design

  • Custom Home

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Bonus Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Horse Property

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Propane
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2626
  • Assessor Parcel Number 286190010

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Community Stables
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Shed, Gazebo & Swing Set.
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: R-A-2 1/2
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 286190010
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3054.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 228.88
  • Room Type: Bonus Room, Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Lake, Mountain(s), Panoramic, Rocks
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway, Concrete, Gravel, Paved, Unpaved, Driveway Up Slope From Street, Garage, Gated, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Propane Cooktop
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking, Mountainous, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Horse Property, Lot Over 40000 Sqft, Ranch, Rocks, Sprinkler System, Up Slope from Street, Value In Land
  • Lot Size Sq Ft: 111514.00
  • Lot Size Acres: 2.5600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 111514.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 420.07
  • Tax Lot: 15
  • Tax Tract Number: 2626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Frye William P and Frye Monica L
Bought by
Flynn Brendan and Flynn Jennifer
Current Estimated Value
$954,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Frye Monica L and Frye William P
Bought by
Frye William P and Frye Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2006
Sold by
Holsome Kevin
Bought by
Frye William P and Frye Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Holsome Fressy
Bought by
Holsome Kevin

Purchase Details

Closed on
Feb 22, 2002
Sold by
Cendant Mobility Financial Corp
Bought by
Holsome Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2002
Sold by
Keith Samuel Martin and Keith Lorraine Hines
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2000
Sold by
Charlie Webb and Charlie Rosina Webb
Bought by
Keith Samuel Martin and Keith Lorraine Hines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Flynn Brendan $699,000 First American Title Company
Frye William P -- Chicago Title Company
Frye William P $720,000 Stewart Title Mad Anaheim
Holsome Kevin -- Equity Title Company
Holsome Kevin $430,000 Equity Title Company
Cendant Mobility Financial Corp -- Equity Title Company
Keith Samuel Martin $370,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flynn Brendan $510,400
Previous Owner Frye William P $417,000
Previous Owner Frye William P $500,000
Previous Owner Holsome Kevin $344,000
Previous Owner Cendant Mobility Financial Corp $344,000
Previous Owner Keith Samuel Martin $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $699,000 0.0% $229 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $699,000 -6.7% $229 / Sq Ft
08/25/2020 08/25/20 For Sale $749,000 -- $245 / 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 $8,254 $756,617 $81,181 $675,436
2023 $8,254 $727,239 $78,030 $649,209
2022 $7,992 $712,980 $76,500 $636,480
2021 $7,835 $699,000 $75,000 $624,000
2020 $5,957 $531,316 $147,826 $383,490
2019 $5,762 $515,840 $143,520 $372,320
2018 $5,524 $496,000 $138,000 $358,000
2017 $5,319 $480,000 $134,000 $346,000
2016 $5,228 $467,000 $130,000 $337,000
2015 $5,147 $463,000 $129,000 $334,000
2014 $4,861 $445,000 $124,000 $321,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20174788

California Regional Multiple Listing Service (CRMLS)

APN: 286-190-010