$225,000
SOLD NOV 8, 2018

26444 Arboretum Way Unit 2108 Murrieta, CA 92563

1 Bed
1 Bath
787 Sq Ft
$140/mo HOA Fee

Recently Sold

$286 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Buchanan Elementary School Rated A-
  • Gated Community
  • Traditional Architecture

About This Home

As of September 2020

TURNKEY home ideally located within the the highly sought after gated Verona community!!! Top of the line upgrades include: digital key pad entry system, 18"x18" diagonally set tile, all GE appliances in kitchen, upgraded fireplace mantel, upgraded blinds, newer dark wood laminate den/office flooring, recessed LED lighting, usb charging outlets, new bedroom carpeting, ceiling fans, tall solid wood baseboards, solid wood door casings, brushed nickel hardware, fresh neutral paint, black parquet floor covering on balcony and auto garage door opener with FOB & keypad access. This unit includes inside laundry room with stackable washer/dryer included!!! Overall great combination of location, high quality upgrades, move-in condition and impressive community amenities (pool/spa, BBQ grills, gym and gated entry). All this in a quiet neighborhood setting yet near 1-15 & I-215, the Promenade Temecula, Temecula Town Center, schools, restaurants and medical facilities. Perfect for personal residence or as a investor property!!!

Last Agent to Sell the Property

Pablo Velasquez

Advance Realty License #00943251 Listed on: 08/08/2018

Last Buyer's Agent

Lee Medlin

National Realty Group License #00998908

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Guest Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 787 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 24240
  • Assessor Parcel Number 910442042

Community Details

Overview

  • 100 Units
  • Verona Association, Phone Number (760) 591-9717
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,939

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Verona
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • 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), Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 285.90
  • Room Type: Den, Kitchen, Laundry, Living Room, Master Bedroom, Office
  • Spa Features: Association, Community, In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Guest
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Stackable
  • 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, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Dues Paid Monthly
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Verona
  • Phone: 760-591-9717
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Murrieta
  • Elementary School: Murrieta
  • Middle School: Warm Sprin
  • High School: Vista Murrieta
  • Elementary School: Murrieta
  • High School: Vista Murrieta
  • Middle Or Junior School: Warm Sprin
  • Elementary School #2: MURRIE
  • High School2: VISMUR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street
  • Lot Size Sq Ft: 847.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 11
  • Tax Tract Number: 024240

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
8.52%
Original Mortgage
$200,000
Outstanding Balance
$177,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,115

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 Type Sale Price Title Company
Grant Deed $250,000 Fidelity National Title Ins
Fiduciary Deed $225,000 Ticor Title
Grant Deed $85,000 Lsi Title
Trustee Deed $115,000 Accommodation
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title Riverside
Interfamily Deed Transfer -- --
Grant Deed $209,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $213,750 New Conventional
Previous Owner $57,020 Purchase Money Mortgage
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $157,000 Purchase Money Mortgage
Closed $52,347 No Value Available
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 $270,606 $92,006 $178,600
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: PW18193279

California Regional Multiple Listing Service (CRMLS)

APN: 910-442-042