$630,000
SOLD OCT 31, 2024 RENTED JUL 1, 2025
4 Beds
2.5 Baths
2,411 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

3% Below List Price

64 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Loft
  • Buchanan Elementary School Rated A-
  • Park or Greenbelt View
  • Granite Countertops

About This Home

As of October 2024

BACK ON THE MARKET! BUYER COULD NOT PERFORM! Welcome to a home where modern luxury meets timeless charm, nestled within the exclusive gated community of 'The Bungalows at Old School House' in Murrieta. This community has very few homes that come up for sale which means homeowners love this community. This exquisite residence, conveniently located just off Margarita Rd and Murrieta Hot Springs Rd, promises a lifestyle of unparalleled comfort and convenience. Step inside this solar powered home, where sustainable living meets cutting-edge technology. With the solar system fully paid off, enjoy the benefits of energy efficiency without the added cost. This 4-bedroom, 2.5-bath gem boasts a versatile 3rd-floor loft that can effortlessly transform into a 5th bedroom, perfect for growing families or hosting guests. This home has just undergone a remodel, ensuring that every detail exudes sophistication and modern elegance. Revel in the brand-new kitchen, featuring sleek cabinets, stunning countertops, and state-of-the-art appliances. Freshly installed carpet, pristine paint, and stylish window coverings create a warm and inviting atmosphere throughout. When you step out the back door, a private oasis awaits with a small in-ground pool and a spacious jacuzzi/hot tub, ideal for unwinding after a long day or entertaining in style. The attached 2-car garage provides ample space for vehicles and storage, adding to the home's convenience. Beyond the walls of this beautiful residence, the gated community offers an array of amenities. Enjoy leisurely afternoons at the community pool, watch your children play at the playground, or take a stroll through the two beautiful parks. As a bonus, one of these picturesque parks is located directly across the street from your new home, offering stunning views and easy access to outdoor fun. Discover the perfect blend of luxury, convenience, and community at 'The Bungalows at Old School House.' This is more than a home; it's a lifestyle waiting to be embraced. And best of all, this home is priced in the perfect sweet spot for FHA and VA financing so first-time homebuyers, here's your perfect opportunity. Don't miss your chance to make this dream home your reality!

Last Agent to Sell the Property

Ken Hall

Abundance Real Estate Brokerage Phone: 951-760-3833 License #01418440 Listed on: 08/05/2024

Last Buyer's Agent

Ken Hall

Abundance Real Estate Brokerage Phone: 951-760-3833 License #01418440 Listed on: 08/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,882

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Slate Roof

Interior Spaces

  • 2,411 Sq Ft Home
  • 2-Story Property
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Park or Greenbelt Views
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 29396
  • Assessor Parcel Number 913384006
  • $1,858 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Bungalows At Old School House Association, Phone Number (951) 699-2918
  • Avalon Management Group HOA

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,882

Year Built

Built in 2001

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 913384006
  • Year Built: 2001
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2411.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: front of house
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Den
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 261.30
  • Room Type: Bonus Room, Loft, Walk-In Closet
  • Spa Features: Private, Community, In Ground

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Private, Association, In Ground
  • Pool Private: Yes
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground
  • Association Fee: 147.50
  • Association Fee Frequency: Monthly
  • Association Name: Bungalows at Old School House
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Park
  • Association Management: Avalon Management Group

Schools

  • School District: Temecula Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.01
  • Tax Lot: 86
  • Tax Tract Number: 29396
  • TaxOtherAnnualAssessmentAmount: 1858.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 22, 2024
Sold by
Hou Steven
Bought by
Xu Ying
Seller's Agent
Ken Hall
Abundance Real Estate
Buyer's Agent
Ken Hall
Abundance Real Estate
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Views
143
Current Estimated Value
$649,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,733
Avg. Annual Appreciation
4.38%
Original Mortgage
$504,000
Outstanding Balance
$499,470
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$150,263

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 16, 2024
Sold by
Tyndale Michael
Bought by
Xu Ying
Seller's Agent
Ken Hall
Abundance Real Estate
Buyer's Agent
Ken Hall
Abundance Real Estate
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$499,470
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$150,263

Purchase Details

Closed on
Feb 21, 2003
Sold by
Tyndale Caroline W
Bought by
Tyndale Michael and Tyndale Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.85%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Tyndale Michael D
Bought by
Tyndale Caroline W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
7.01%

Purchase Details

Closed on
Dec 5, 2001
Sold by
Old School House Development I Llc
Bought by
Tyndale Caroline W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
7.01%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title
Grant Deed $630,000 Fidelity National Title
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $240,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $504,000 New Conventional
Previous Owner $110,000 Credit Line Revolving
Previous Owner $136,500 Unknown
Previous Owner $185,500 No Value Available
Previous Owner $185,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $3,500 0.0% --
06/16/2025 06/16/25 For Rent $3,500 -5.4% --
12/31/2024 12/31/24 Rented $3,700 0.0% --
12/12/2024 12/12/24 For Rent $3,700 0.0% --
10/31/2024 10/31/24 Sold $630,000 0.0% $261 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $630,000 -3.1% $261 / Sq Ft
08/05/2024 08/05/24 For Sale $650,000 -- $270 / 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 $5,882 $1,070,999 $189,001 $881,998
2023 $5,882 $365,928 $70,986 $294,942
2022 $5,864 $358,754 $69,595 $289,159
2021 $5,786 $351,721 $68,231 $283,490
2020 $5,737 $348,116 $67,532 $280,584
2019 $5,660 $341,291 $66,208 $275,083
2018 $5,577 $334,600 $64,910 $269,690
2017 $5,516 $328,040 $63,638 $264,402
2016 $5,452 $321,609 $62,391 $259,218
2015 $5,412 $316,779 $61,454 $255,325
2014 $4,968 $289,576 $60,251 $229,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24154491

California Regional Multiple Listing Service (CRMLS)

APN: 913-384-006