NOT LISTED FOR SALE

22955 Joaquin Ridge Dr Murrieta, CA 92562

Estimated Value: $606,000 - $640,000

3 Beds
2 Baths
1,682 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $320,000 $190 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,821/month

6 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Eat-In Kitchen
  • Cole Canyon Elementary School Rated A-
  • 2 Car Attached Garage
  • 5-minute walk to Bear Valley Park

About This Home

As of August 2016

What a fantastic opportunity here. Property has GREAT potential for an Investor or handyman. SINGLE STORY 3 bedroom, 2 bath home in a great location in Murrieta!!! The home features a large great room with fireplace, formal dining room, kitchen has a breakfast bar, tons of cabinets and counter space and is open to the eating area with direct access to the backyard. All 3 bedrooms are oversized and the master is spacious with vaulted ceilings, a walk in closet, and direct access to the master bathroom with his and her sinks. The wood flooring is an added bonus and home has a large back yard. Community pool just a short walk away. This home has everything for first time buyers or investors. Property is currently used as a rental. This home is being sold in as is condition.

Last Agent to Sell the Property

Marti Rojas

ERA Donahoe Realty License #01824812 Listed on: 07/06/2016

Last Buyer's Agent

Cynthia Mitchell

Exit Alliance Realty License #01971983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot
  • Back Yard

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Slab Foundation

Interior Spaces

  • 1,682 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 202
  • Tax Tract Number 21419
  • Assessor Parcel Number 904383024

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,150

Year Built

Built in 1988

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 904383024
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1682.00
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 190.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 68.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Murrieta

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 56.51

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 202
  • Tax Tract Number: 21419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 24, 2016
Sold by
Evans Adam J
Bought by
Salomon Irad
Seller's Agent
Marti Rojas
ERA Donahoe Realty
Buyer's Agent
Cynthia Mitchell
Exit Alliance Realty
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$614,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,895
Avg. Annual Appreciation
7.53%
Original Mortgage
$224,000
Outstanding Balance
$178,379
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$436,516

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 16, 2014
Sold by
Hernandez Gabriel Mario and Hernandez Tiffany Reanna
Bought by
Evans Adam J
Seller's Agent
Daniel Evans
California Home Pros
Buyer's Agent
Julio Aguilera
Ennoble Realty
List Price
$325,000
Sold Price
$299,000
Premium/Discount to List
-$26,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$201,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2008
Sold by
Dlj Mortgage Capital Inc
Bought by
Hernandez Mario and Hernandez Tiffany Reanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2008
Sold by
Gonzalez Erasmo and Gonzalez Catalina
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Sep 12, 2006
Sold by
Gonzalez Erasmo and Gonzalez Catalina
Bought by
Gonzalez Erasmo

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
6.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 23, 2006
Sold by
West Susan
Bought by
Gonzalez Erasmo and Gonzalez Catalina

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
6.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 19, 2004
Sold by
Velasco Mison
Bought by
West Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,650
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2003
Sold by
Velasco Daniel H
Bought by
Velasco Mison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2000
Sold by
Tura Manning
Bought by
Velasco Daniel H and Velasco Mison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,561
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1998
Sold by
Manning and Tura
Bought by
Manning Tura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,660
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1995
Sold by
Anderson Gary C and Anderson Ursula
Bought by
Manning Alvin and Manning Tura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,280
Interest Rate
8.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Salomon Irad $320,000 Orange Coast Title Company
Evans Adam J $299,000 Ticor Title
Hernandez Mario $215,000 Lsi Title Agency
Dlj Mortgage Capital Inc $215,147 None Available
Gonzalez Erasmo -- Stewart Title Riverside
Gonzalez Erasmo $387,000 Stewart Title Riverside
West Susan -- Stewart Title Riverside
West Susan $335,000 First American Title Co
Velasco Mison -- Southland Title Corporation
Velasco Daniel H $171,500 Commonwealth Land Title Co
Manning Tura -- Lawyers Title Company
Manning Alvin $118,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomon Irad $224,000
Previous Owner Evans Adam J $201,000
Previous Owner Hernandez Gabriel Mario $206,193
Previous Owner Hernandez Gabriel Mario $209,923
Previous Owner Hernandez Mario $211,105
Previous Owner Gonzalez Erasmo $100,000
Previous Owner Gonzalez Erasmo $309,600
Previous Owner West Susan $267,650
Previous Owner Velasco Mison $50,000
Previous Owner Velasco Mison $192,000
Previous Owner Velasco Daniel M $173,500
Previous Owner Velasco Daniel H $166,561
Previous Owner Manning Tura $114,660
Previous Owner Manning Alvin $117,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $320,000 0.0% $190 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $320,000 0.0% $190 / Sq Ft
05/28/2014 05/28/14 Rented $1,750 0.0% --
05/28/2014 05/28/14 For Rent $1,750 0.0% --
05/15/2014 05/15/14 Sold $299,000 -0.3% $178 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/07/2014 04/07/14 Price Changed $299,900 -4.8% $178 / Sq Ft
04/06/2014 04/06/14 Price Changed $315,000 -3.1% $187 / Sq Ft
04/01/2014 04/01/14 For Sale $325,000 -- $193 / 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 $5,150 $371,380 $92,843 $278,537
2023 $5,150 $356,961 $89,239 $267,722
2022 $5,045 $349,963 $87,490 $262,473
2021 $4,660 $343,102 $85,775 $257,327
2020 $4,529 $339,585 $84,896 $254,689
2019 $4,445 $332,928 $83,232 $249,696
2018 $4,363 $326,400 $81,600 $244,800
2017 $4,303 $320,000 $80,000 $240,000
2016 $4,220 $309,621 $82,841 $226,780
2015 $4,216 $304,973 $81,598 $223,375
2014 $3,145 $225,851 $73,532 $152,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16146820

California Regional Multiple Listing Service (CRMLS)

APN: 904-383-024