NOT LISTED FOR SALE

26176 Madison Ave Murrieta, CA 92562

2.95 Acres
-- Price per Acre
128,502 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $500,000 $347 Per Sq Ft

44 Days on Market

Highlights

  • No HOA
  • Thompson Middle School Rated A-
  • Foothills

About This Lot

As of February 2022

Please click on landing page. https://www.heritagepropertiesca.com/madison

2.95 ACRE SITE

Located between Elm and Fig, down Madison Avenue,

just over a mile south of Walmart and Car Max.

Mobile:
3 bedroom/2 bathroom mobile home sits on south side of the property. Collects gross annual rents of $13,200.
Opportunity to collect income on property while Innovation zoning improvements are in progress. Mobile on well, septic and propane. Mobile is not on a permanent foundation and due to zoning change City of Murrieta will not allow for a re-build.

Zoned Innovation: The Innovation designation provides for a wider variety and
intensity of non-residential uses allowed elsewhere in the City with the goal of providing
a cutting edge and campus-like mixed-use business setting. The Innovation designation
provides for employment intensive uses such as business and medical offices, corporate
headquarters, medical services, research and development, education, technological
advancement, makers labs (such as people using digital tools to design new products),
craftsman products (such as furniture and window design/construction), and hotels. The
designation also provides for a limited amount of commercial uses for the sale of
products made in facilities on-site and restaurants that support the employment and
primary uses.

Please reach out to City of Murrieta for updates

Last Agent to Sell the Property

Dustin Holzhausen

Heritage Properties License #01469029 Listed on: 07/20/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 2.95 Acre Lot
  • Rural Setting
  • Property is zoned INNOVATION

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 910210019

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: INNOVATION
  • Property Type: Land
  • Parcel Number: 910210019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.89

Utilities

  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 128502.00
  • Lot Size Acres: 2.9500

Multi Family

  • Lot Size Area: 128502.0000 Square Feet

Tax Info

  • Tax Census Tract: 498.00

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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Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $500,000 -23.1% $347 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $650,000 0.0% $451 / Sq Ft
05/28/2013 05/28/13 Rented $900 0.0% --
05/28/2013 05/28/13 For Rent $900 -- --
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 $5,864 $504,073 $493,461 $10,612
2023 $5,776 $484,500 $474,300 $10,200
2022 $4,731 $392,535 $389,026 $3,509
2021 $4,643 $384,840 $381,399 $3,441
2020 $4,598 $380,895 $377,489 $3,406
2019 $4,513 $373,428 $370,087 $3,341
2018 $4,718 $366,107 $362,830 $3,277
2017 $4,371 $358,929 $355,716 $3,213
2016 $4,316 $351,892 $348,742 $3,150
2015 $4,272 $346,607 $343,504 $3,103
2014 $4,078 $339,820 $336,776 $3,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21158162

California Regional Multiple Listing Service (CRMLS)