NOT LISTED FOR SALE

22300 Margarth St Perris, CA 92570

Estimated Value: $478,000 - $681,000

3 Beds
1.5 Baths
1,375 Sq Ft
$398/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $85,000 $62 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $3,029/month

225 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Sun or Florida Room
  • View of Hills
  • Bonus Room
  • No HOA

About This Home

As of April 2012

Fannie Mae Property! PRICE REDUCED AGAIN! TOTAL OF $22K FROM ORIGINAL LIST PRICE!!! County records say 2 bedroom/1 bath and 1,375 sq ft...but physical inspection reveals 3 bedrooms and 1.5 baths. Ceramic tile flooring and hardwood flooring thru-out! Large kitchen, formal dining room or den and brick fireplace in the living room, all on a raised foundation and in the middle of a 2.15 acre parcel of land on a gentle slope. Detached 1 car garage and enclosed patio area. This home needs work but is a great opportunity to own an oversized parcel. Just seconds off of Highway 74 and less than 10 minutes east of the 15 freeway. Ask the listing agent about seller financing options and incentives. See this home and submit your best offer today!

Last Agent to Sell the Property

Dan Marconi

KW Temecula License #00860070 Listed on: 08/18/2011

KW Temecula

Last Buyer's Agent

Mona Swallow

The House Agency License #01899975

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 2.15 Acre Lot
  • Rural Setting

Parking

  • 1 Car Garage
  • Parking Available
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Views of Hills

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot B
  • Tax Tract Number 15199
  • Assessor Parcel Number 345090036

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 345090036
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1375.00
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 61.82
  • Room Type: Bonus Room, Sun

Exterior Features

  • View: Hills
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Circular Driveway, RV Access/Parking

Utilities

  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Size Sq Ft: 93654.00
  • Lot Size Acres: 2.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 93654.0000 Square Feet

Tax Info

  • Tax Lot: B
  • Tax Tract Number: 15199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2013
Sold by
The Continental Corporation Ltd
Bought by
Hurtado Alfredo and Hurtado Marcelina
Current Estimated Value
$546,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,337
Outstanding Balance
$100,311
Interest Rate
3.36%
Mortgage Type
FHA
Estimated Equity
$446,357

Purchase Details

Listed on
Aug 18, 2011
Closed on
Mar 30, 2012
Sold by
Federal National Mortgage Association
Bought by
The Continental Corporation Ltd
Seller's Agent
Dan Marconi
KW Temecula
Buyer's Agent
Mona Swallow
The House Agency
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Jackson Frederick Mark
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 2, 2006
Sold by
Jackson Frederick Mark
Bought by
Jackson Frederick M

Purchase Details

Closed on
Jun 6, 2006
Sold by
Jackson Judith and Jackson Judy Marie
Bought by
Jackson Frederick Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 27, 2004
Sold by
Wallace Theodore
Bought by
Jackson Frederick Mark

Purchase Details

Closed on
Nov 13, 2001
Sold by
Jackson Valerie and Wallace Theodore
Bought by
Jackson Valerie and Wallace Theodore
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hurtado Alfredo $147,000 Nations Title Company
The Continental Corporation Ltd $85,000 Nations Title Company Of Ca
Federal National Mortgage Association $92,000 Accommodation
Jackson Frederick M -- None Available
Jackson Frederick Mark -- Ticor Title Company
Jackson Frederick Mark -- --
Jackson Valerie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurtado Alfredo $144,337
Previous Owner Jackson Frederick Mark $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $85,000 -3.3% $62 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $87,900 -2.2% $64 / Sq Ft
03/14/2012 03/14/12 For Sale $89,900 0.0% $65 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/13/2012 02/13/12 Price Changed $89,900 0.0% $65 / Sq Ft
02/13/2012 02/13/12 For Sale $89,900 +5.8% $65 / Sq Ft
02/08/2012 02/08/12 Off Market $85,000 -- --
01/31/2012 01/31/12 Price Changed $89,899 0.0% $65 / Sq Ft
01/31/2012 01/31/12 For Sale $89,899 +5.8% $65 / Sq Ft
01/15/2012 01/15/12 Off Market $85,000 -- --
12/27/2011 12/27/11 Pending -- -- --
12/15/2011 12/15/11 Price Changed $89,900 -10.0% $65 / Sq Ft
11/30/2011 11/30/11 Price Changed $99,900 -9.1% $73 / Sq Ft
11/23/2011 11/23/11 For Sale $109,900 0.0% $80 / Sq Ft
08/30/2011 08/30/11 Pending -- -- --
08/18/2011 08/18/11 For Sale $109,900 -- $80 / 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 $2,055 $181,003 $86,192 $94,811
2023 $2,055 $173,976 $82,846 $91,130
2022 $2,033 $170,566 $81,222 $89,344
2021 $1,994 $167,223 $79,630 $87,593
2020 $1,969 $165,509 $78,814 $86,695
2019 $1,924 $162,265 $77,269 $84,996
2018 $1,838 $159,084 $75,755 $83,329
2017 $1,813 $155,966 $74,270 $81,696
2016 $1,777 $152,909 $72,814 $80,095
2015 $1,742 $150,614 $71,721 $78,893
2014 $1,703 $147,666 $70,317 $77,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11109553

California Regional Multiple Listing Service (CRMLS)

APN: 345-090-036