NOT LISTED FOR SALE

1507 Preston Dr Perris, CA 92571

Central Perris Neighborhood

Estimated Value: $583,000 - $614,000

4 Beds
4 Baths
2,822 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $325,000 $115 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,766/month

28 Days on Market

Highlights

  • Two Primary Bedrooms
  • Corner Lot
  • Walk-In Closet
  • Loft
  • No HOA
  • 4-minute walk to El Nido Park

About This Home

As of February 2017

Beautiful huge two story house, good condition, total of 4 bathrooms and 4 bedrooms; downstairs has one full bathroom, one bedroom, formal dinning room, family room, kitchen, laundry room, a lots of cabinets, 3 cars garage, fire place; upstairs has huge 2 walk-in closets master bedroom, 2nd master bedroom, one full bathroom, one bedroom, loft, computer areas, open floor plan; upgrade wood mini-blind; big front yard and back yard; NEW central air conditioner and NEW microwave (build in)

Last Agent to Sell the Property

Mike Ludecke

Century 21 Ludecke Inc. License #00370279 Listed on: 12/13/2016

Century 21 Ludecke Inc.

Last Buyer's Agent

Nadia Mercado

Century 21 Realty Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Interior Spaces

  • 2,822 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Loft
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 115
  • Tax Tract Number 29425
  • Assessor Parcel Number 320402001

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 320402001
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2822.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 115.17
  • Room Type: Family Room, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 426.20
  • Tax Lot: 115
  • Tax Tract Number: 29425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Mercado Armando and Mercado Ashley G
Bought by
Mercado Armando and Mercado Ashley G
Current Estimated Value
$594,929

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jan 24, 2017
Sold by
Cheng Chi Fang
Bought by
Mercado Armando and Hernandez Juana
Seller's Agent
Mike Ludecke
Century 21 Ludecke Inc.
Buyer's Agent
Nadia Mercado
Century 21 Realty Masters
List Price
$328,999
Sold Price
$325,000
Premium/Discount to List
-$3,999
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$180,000
Outstanding Balance
$149,530
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$445,399

Purchase Details

Closed on
Dec 19, 2011
Sold by
Cheng Chi Fang
Bought by
Cheng Chi Fang and The 1507 Preston Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Kang Sheila Hsiu Chu
Bought by
1507 Preston Trust

Purchase Details

Closed on
Apr 21, 2011
Sold by
Cheng Chi Fang
Bought by
Kang Sheila Hsiu Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Jao Raymond S and Jao Helen L
Bought by
Kang Wan Ling and Preston Perris Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2007
Sold by
Jao Raymond S
Bought by
Jao Raymond S and Jao Helen L

Purchase Details

Closed on
Sep 24, 2006
Sold by
Jao Helen Lin
Bought by
Jao Raymond S

Purchase Details

Closed on
Jul 20, 2005
Sold by
Western Pacific Housing Inc
Bought by
Jao Raymond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
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
Mercado Armando -- None Available
Mercado Armando $325,000 Chicago Title Company
Cheng Chi Fang -- None Available
1507 Preston Trust -- None Available
Kang Sheila Hsiu Chu $172,000 Chicago Title Co
Kang Wan Ling $143,000 Chicago Title Company
Jao Raymond S -- Accommodation
Jao Raymond S -- Ctc
Jao Raymond S $360,000 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Armando $180,000
Previous Owner Cheng Chi Fang $100,000
Previous Owner Kang Sheila Hsiu Chu $129,000
Previous Owner Kang Wan Ling $160,000
Previous Owner Jao Raymond S $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $325,000 -1.2% $115 / Sq Ft
12/13/2016 12/13/16 For Sale $328,999 -- $117 / 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 $7,865 $377,186 $87,041 $290,145
2023 $7,865 $362,541 $83,662 $278,879
2022 $7,131 $355,433 $82,022 $273,411
2021 $7,012 $348,464 $80,414 $268,050
2020 $6,962 $344,892 $79,590 $265,302
2019 $6,872 $338,130 $78,030 $260,100
2018 $6,679 $331,500 $76,500 $255,000
2017 $5,086 $189,864 $55,191 $134,673
2016 $5,034 $186,142 $54,109 $132,033
2015 $4,998 $183,348 $53,298 $130,050
2014 $4,932 $179,758 $52,255 $127,503
Source: Public Records

Agents Affiliated with this Home

  • Mike Ludecke

    Seller's Agent in 2017

    Mike Ludecke

    Century 21 Ludecke Inc.

    (626) 445-0123

    3 Total Sales

    Mike Ludecke
    Section Image

  • N

    Buyer's Agent in 2017

    Nadia Mercado

    Century 21 Realty Masters

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16762650

California Regional Multiple Listing Service (CRMLS)

APN: 320-402-001

California Riverside County Perris 92571 Central Perris

1507 Preston Dr, Perris, CA

Not Listed for Sale

Detached

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