NOT LISTED FOR SALE

Estimated Value: $496,000 - $534,000

3 Beds
3 Baths
1,654 Sq Ft
$208/mo HOA Fee

Last Sold October 26, 2018

Last sale price $310,000 $187 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,490/month

41 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Walk-In Closet
  • Buchanan Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Bathtub with Shower

About This Home

As of October 2018

Come see this turnkey home located in the desirable gated community of Old School House Villas! The home features 3 Bedrooms and 3 bathrooms. The bottom floor has a den with a closet that could be converted to a 4th bedroom. The seller has recently installed new carpet and tile throughout the entire house. The master bedroom has a his and hers sink and a large walk in closet. The home has been very well taken care of and it shows as you walkthrough. This house is ready for a family to plant their roots or an investor looking to make rental income. Close to schools and tons of shopping options, this home in the heart of Murrieta, is the perfect place to call home. The gated community of Old School House Villas features two pools and spas only a short walk away from the home.

Last Listed By

Joel Norberg

JN Properties License #01889094 Listed on: 08/14/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall
  • Front Yard Sprinklers
  • Back Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Guest Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Tile Countertops
  • Laundry Room
  • Property Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 66B
  • Tax Tract Number 50500
  • Assessor Parcel Number 916072021

Community Details

Overview

  • 228 Units
  • Elite Management Association, Phone Number (951) 699-1820

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,210

Year Built

Built in 2002

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 916072021
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1654.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 187.42
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 208.00
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: 951-699-1820
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sprinklers In Front
  • Lot Size Sq Ft: 861.00
  • Lot Size Acres: 0.0198

Multi Family

  • Lease Considered: No
  • Lot Size Area: 861.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 66B
  • Tax Tract Number: 050500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Soto Maria Y
Bought by
Soto Eduardo
Total Days on Market
41
Current Estimated Value
$513,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$221,953
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$289,626

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 25, 2018
Sold by
Norberg Charles L
Bought by
Soto Eduardo and Soto Maria Y
Seller's Agent
Joel Norberg
JN Properties
Buyer's Agent
Gabriel Gonzalez
HomeSmart, Evergreen Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$232,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
Norberg Charles L
Bought by
Norberg Charles L and The Norberg Living Trust

Purchase Details

Closed on
May 7, 2009
Sold by
Aurora Loan Services Llc
Bought by
Norberg Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,945
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Jan 23, 2009
Sold by
Barrientos Oscar Armando Romero and Hernandez Delmy Elizabeth
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 24, 2007
Sold by
Lippen Jarrod M and Lippen Cara C
Bought by
Barrientos Oscar Armando Romero and Hernandez Delmy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Greystone Homes Inc
Bought by
Lippen Jarrod M and Lippen Cara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,350
Interest Rate
5.97%
Mortgage Type
FHA

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
Soto Eduardo -- First American Title Company
Soto Eduardo $310,000 First American Title Company
Norberg Charles L -- None Available
Norberg Charles L $153,000 Fidelity National Title Co
Aurora Loan Services Llc $123,000 None Available
Barrientos Oscar Armando Romero $329,000 Stewart Title Riverside
Lippen Jarrod M $195,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Eduardo $110,000
Open Soto Eduardo $243,750
Closed Soto Eduardo $238,248
Closed Soto Eduardo $232,500
Previous Owner Norberg Charles L $154,051
Previous Owner Norberg Charles L $157,945
Previous Owner Barrientos Oscar Armando Romero $329,000
Previous Owner Lippen Jarrod M $185,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $310,000 -1.6% $187 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $315,000 -- $190 / 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
2023 $5,210 $332,379 $91,135 $241,244
2022 $5,196 $325,863 $89,349 $236,514
2021 $5,125 $319,475 $87,598 $231,877
2020 $5,081 $316,200 $86,700 $229,500
2019 $5,030 $310,000 $85,000 $225,000
2018 $3,385 $173,152 $45,267 $127,885
2017 $3,350 $169,758 $44,380 $125,378
2016 $3,311 $166,430 $43,510 $122,920
2015 $3,289 $163,932 $42,857 $121,075
2014 $3,167 $160,722 $42,018 $118,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18196636

California Regional Multiple Listing Service (CRMLS)

APN: 916-072-021