NOT LISTED FOR SALE

26444 Arboretum Way Unit 2108 Murrieta, CA 92563

Estimated Value: $363,000 - $402,000

2 Beds
1 Bath
787 Sq Ft
$140/mo HOA Fee

Last Sold September 22, 2020

Last sale price $250,000 $318 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,537/month

10 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Attic
  • Buchanan Elementary School Rated A-
  • Gated Parking
  • High Ceiling

About This Home

As of September 2020

Welcome to Verona. This is an upstairs unit with a covered balcony and no neighbors below! This is a one bedroom, one bath with an office/den that could be very easily converted into another bedroom. All appliances included even (washer/dryer)! There is a one car detached garage, the rest of the complex is not assigned parking. The HOA amenities include a pool/spa and gym. Located in South Murrieta very close to shopping, eating, wineries and easy access to the 215 and 15 freeway.

Last Agent to Sell the Property

Cody Medlin

National Realty Group License #01996380 Listed on: 07/30/2020

Last Buyer's Agent

Lisa Butterwegge

Century 21 Masters License #01376175

Century 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Gated Parking
  • Unassigned Parking

Home Design

  • Turnkey
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 787 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Tile Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Buchanan Elementary School
  • Warm Sprin Middle School
  • Vista High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 30563
  • Assessor Parcel Number 910442042

Community Details

Overview

  • 304 Units
  • Verona Association, Phone Number (760) 290-4426
  • Smarter HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,939

Year Built

Built in 2004

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 910442042
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 787.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 317.66
  • Room Type: All Bedrooms Up, Attic, Dressing Area, Entry, Kitchen, Laundry, Walk-In Closet
  • Spa Features: Private, Association, Community
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Private, Association, Community, Fenced
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Single Door, Gated, Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Maintenance Grounds, Trash, Management, Security
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Verona
  • Phone: 760-290-4426
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Suburban
  • Association Management: Smarter HOA

Schools

  • School District: Murrieta
  • Elementary School: Buchanan
  • Middle School: Warm Sprin
  • High School: Vista
  • Elementary School: Buchanan
  • High School: Vista
  • Middle Or Junior School: Warm Sprin
  • Elementary School #2: BUCHAN
  • High School2: VISTA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 847.00
  • Lot Size Acres: 0.0194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 847.0000 Square Feet
  • Number Of Units In Community: 304
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 11
  • Tax Tract Number: 30563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 14, 2020
Sold by
Medlin Frankie Lee and Medlin Jamie L
Bought by
Wilson Steve Chapman and Wilson Carol Forster
Seller's Agent
Cody Medlin
National Realty Group
Buyer's Agent
Lisa Butterwegge
Century 21 Masters
List Price
$258,000
Sold Price
$250,000
Premium/Discount to List
-$8,000
-3.1%
Current Estimated Value
$374,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,680
Avg. Annual Appreciation
8.85%
Original Mortgage
$200,000
Outstanding Balance
$177,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$200,287

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 27, 2018
Sold by
Young Roger W
Bought by
Medlin Frankie Lee and Medlin Jamie L
Seller's Agent
Pablo Velasquez
Advance Realty
Buyer's Agent
Lee Medlin
National Realty Group
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$213,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Young Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,020
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Couch Ryan E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 5, 2006
Sold by
Alexander Erica
Bought by
Couch Ryan

Purchase Details

Closed on
May 18, 2006
Sold by
Couch Ryan and Alexander Erica
Bought by
Alexander Erica

Purchase Details

Closed on
Oct 21, 2005
Sold by
Couch Ryan E
Bought by
Couch Ryan E and Alexander Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 2004
Sold by
Couch Ryan E
Bought by
Couch Ryan E and Alexander Erica L

Purchase Details

Closed on
Jun 8, 2004
Sold by
Arbor West Llc
Bought by
Holt Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Wilson Steve Chapman $250,000 Fidelity National Title Ins
Medlin Frankie Lee $225,000 Ticor Title
Young Roger W $85,000 Lsi Title
Federal Home Loan Mortgage Corporation $115,000 Accommodation
Couch Ryan -- None Available
Alexander Erica -- None Available
Couch Ryan E -- --
Couch Ryan E -- Stewart Title Riverside
Couch Ryan E -- --
Holt Kimberly S $209,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Steve Chapman $200,000
Previous Owner Medlin Frankie Lee $213,750
Previous Owner Young Roger W $57,020
Previous Owner Couch Ryan E $200,000
Previous Owner Holt Kimberly S $157,000
Closed Holt Kimberly S $52,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $250,000 0.0% $318 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $250,000 -3.1% $318 / Sq Ft
08/06/2020 08/06/20 For Sale $258,000 0.0% $328 / Sq Ft
08/06/2020 08/06/20 Price Changed $258,000 +3.2% $328 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $250,000 +11.1% $318 / Sq Ft
11/08/2018 11/08/18 Sold $225,000 -1.7% $286 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $229,000 -0.9% $291 / Sq Ft
09/12/2018 09/12/18 Price Changed $231,000 -0.9% $294 / Sq Ft
09/05/2018 09/05/18 Price Changed $233,000 -0.9% $296 / Sq Ft
08/08/2018 08/08/18 For Sale $235,000 -- $299 / 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 $3,939 $449,206 $92,006 $357,200
2023 $3,939 $260,100 $88,434 $171,666
2022 $3,917 $255,000 $86,700 $168,300
2021 $3,857 $250,000 $85,000 $165,000
2020 $3,628 $229,499 $86,698 $142,801
2019 $3,583 $225,000 $84,999 $140,001
2018 $1,999 $96,305 $45,374 $50,931
2017 $1,981 $94,418 $44,485 $49,933
2016 $1,964 $92,567 $43,613 $48,954
2015 $1,951 $91,179 $42,959 $48,220
2014 $1,898 $89,394 $42,118 $47,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20152217

California Regional Multiple Listing Service (CRMLS)

APN: 910-442-042