NOT LISTED FOR SALE

Estimated Value: $489,000 - $525,065

3 Beds
3 Baths
1,654 Sq Ft
$225/mo HOA Fee

Last Sold March 06, 2023

Last sale price $390,600 $236 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,432/month

240 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Attached Garage
  • Level Lot
  • Buchanan Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2023

Welcome to Murrieta, California. Villas at Old Schoolhouse Community awaits you. This condominium
shows as a two story, three bedrooms build in 2002. If you blink it will be sold. This is a great opportunity
to put your finishing touches on this gem. Don't miss this unique chance to say ''hello'' to your new dream
getaway! All potential buyers are asked to check with City, County, Zoning, Tax, and other records to
determine all details on this property listed above to their satisfaction. This is an AS-IS REO property.

Last Agent to Sell the Property

Neven Sparalja

REALHOME SERVICES & SOLUTIONS License #01007678 Listed on: 06/07/2022

Last Buyer's Agent

Pamela Calcote

Shoreline Real Estate License #00896560

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,862

Year Built

  • Built in 2002

Lot Details

  • 841

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • In Ground Pool
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 67B
  • Tax Tract Number 11111
  • Assessor Parcel Number 916072024
  • $1,485 per year additional tax assessments

Community Details

Overview

  • 242 Units
  • Villas At Old School House Association, Phone Number (951) 699-1220

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,862

Year Built

Built in 2002

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 916072024
  • Year Built: 2002
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Living Area: 1654.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 236.15
  • Room Type: Living Room

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Villas at Old School House
  • Phone: 951-699-1220
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Villas at Old School House

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 841.00
  • Lot Size Acres: 0.0193

Multi Family

  • Lease Considered: No
  • Lot Size Area: 841.0000 Square Feet
  • Number Of Units In Community: 242
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 505.02
  • Tax Lot: 67B
  • Tax Tract Number: 11111
  • TaxOtherAnnualAssessmentAmount: 1485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Feb 28, 2023
Sold by
Wells Fargo Bank Na and Impac Secured Assets Corp
Bought by
Calcote George
Seller's Agent
Neven Sparalja
REALHOME SERVICES & SOLUTIONS
Buyer's Agent
Pamela Calcote
Shoreline Real Estate
List Price
$530,000
Sold Price
$390,600
Premium/Discount to List
-$139,400
-26.3%
Views
161
Current Estimated Value
$510,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,916
Avg. Annual Appreciation
10.94%

Purchase Details

Listed on
Jun 7, 2022
Closed on
Feb 23, 2023
Sold by
Calcote Pamela L
Bought by
Calcote George
Seller's Agent
Neven Sparalja
REALHOME SERVICES & SOLUTIONS
Buyer's Agent
Pamela Calcote
Shoreline Real Estate
List Price
$530,000
Sold Price
$390,600
Premium/Discount to List
-$139,400
-26.3%
Views
161

Purchase Details

Closed on
May 9, 2022
Sold by
Western Progressive Llc
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
May 5, 2022
Sold by
Western Progressive Llc
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 7, 2005
Sold by
Santos Felix J and Santos Kimberly O
Bought by
Dear John and Dear Amber

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
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Greystone Homes Inc
Bought by
Santos Felix J and Santos Kimberly O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.12%
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
Calcote George $391,000 None Listed On Document
Calcote George -- Simplifile
Wells Fargo Bank N A $454,650 None Listed On Document
Wells Fargo Bank N A $454,650 None Listed On Document
Dear John $360,000 Commonwealth Land Title Co
Santos Felix J $224,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dear John $288,000
Previous Owner Santos Felix J $175,200
Closed Santos Felix J $43,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $390,600 -13.2% $236 / Sq Ft
11/02/2022 11/02/22 Price Changed $450,000 -5.9% $272 / Sq Ft
08/23/2022 08/23/22 Price Changed $478,400 -5.0% $289 / Sq Ft
07/14/2022 07/14/22 Price Changed $503,500 -5.0% $304 / Sq Ft
06/07/2022 06/07/22 For Sale $530,000 -- $320 / 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 $5,862 $406,380 $93,636 $312,744
2023 $5,862 $472,845 $118,204 $354,641
2022 $6,283 $421,367 $104,635 $316,732
2021 $5,486 $351,140 $87,196 $263,944
2020 $5,115 $319,218 $79,269 $239,949
2019 $5,029 $309,920 $76,960 $232,960
2018 $4,887 $298,000 $74,000 $224,000
2017 $4,579 $270,000 $67,000 $203,000
2016 $4,435 $257,000 $64,000 $193,000
2015 $4,205 $236,000 $59,000 $177,000
2014 $4,148 $241,000 $60,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22121394

California Regional Multiple Listing Service (CRMLS)

APN: 916-072-024