$1,250,000
UNDER CONTRACT $325K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

24370 Adams Ave Murrieta, CA 92562

Estimated payment $7,265/month

Total Views 1,452
8 Acres
$157,233 Price per Acre
346,302 Sq Ft Lot

Highlights

  • 7.95 Acre Lot
  • View of Hills
  • No HOA
  • Thompson Middle School Rated A-
  • Corner Lot

About This Lot

At just under 8 acres, these two side-by-side flat lots are being sold together, offering a unique opportunity for developers. The owners are currently collaborating with the City of Murrieta to finalize a lot split into approximately 12 half-acre parcels. Zoning after the lot split is for Estate Residential, this beautiful area is surrounded by lush trees and high-end homes, making it an ideal location for upscale development. Lots are also ideal for families to build side by side on two separate parcels and keep the zoning as is currently. Close to great schools, Old Town Murrieta and freeway-close. Don’t miss out on this prime investment opportunity!

Listing Agent

Jill Hardy

The Hardy Group Brokerage Email: Jill@askhardy.com License #01491491 Listed on: 04/19/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,330

Lot Details

  • 7.95 Acre Lot
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • 906060041
  • Property is zoned ER-2

Property Views

  • Views of Hills

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 906060039
  • $343 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$4,330

Lot Details

0

Listing Details

  • Other Phone Number: 9514653054
  • View: Yes
  • Zoning: ER-2
  • Property Type: Land
  • Parcel Number: 906060039
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.61

Exterior Features

  • View: Hills

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 906060041
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Level
  • Lot Size Sq Ft: 346302.00
  • Lot Size Acres: 7.9500
  • Latitude Manual: 33.56408500

Multi Family

  • Lot Size Area: 346302.0000 Square Feet

Tax Info

  • Tax Census Tract: 506.00
  • Tax Lot: 66
  • Tax Tract Number: T
  • TaxOtherAnnualAssessmentAmount: 343.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,330 $371,059 $371,059 --
2023 $4,330 $356,651 $356,651 $0
2022 $4,316 $349,658 $349,658 $0
2021 $4,238 $342,802 $342,802 $0
2020 $4,505 $366,347 $339,287 $27,060
2019 $4,389 $359,165 $332,635 $26,530
2018 $4,309 $352,123 $326,113 $26,010
2017 $4,252 $345,219 $319,719 $25,500
2016 $4,199 $338,450 $313,450 $25,000
2015 $3,206 $251,000 $226,000 $25,000
2014 $896 $52,462 $34,463 $17,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $1,250,000 -20.6% --
04/19/2025 04/19/25 For Sale $1,575,000 +215.0% --
11/24/2014 11/24/14 Sold $500,000 -9.1% --
08/27/2014 08/27/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $550,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Listed On Document
Grant Deed $682,500 Fntg
Grant Deed $500,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 Construction
Previous Owner $250,000 Construction
Previous Owner $425,000 Construction
Previous Owner $1,250,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $1,250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $420,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25086407

California Regional Multiple Listing Service (CRMLS)

APN: 906-060-039