NOT LISTED FOR SALE

26466 Arboretum Way Unit 2303 Murrieta, CA 92563

Estimated Value: $337,000 - $352,000

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

Last Sold June 25, 2020

Last sale price $218,000 $299 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,284/month

Highlights

  • Fitness Center
  • Gunite Pool
  • Clubhouse
  • Buchanan Elementary School Rated A-
  • Gated Community
  • Property is near a clubhouse

About This Home

As of June 2020

Highly desired Gated Community of Verona at Arboretum. Very well maintained single story one bedroom condo with a covered patio that looks out to the greenbelt. This unit is in move in condition and has a one car detached garage with storage. Condo has a newer 2 Ton A/C condenser and a newer Hot water heater, high efficiency model. Fresh and clean ready for your personal touches! Home includes Refrigerator, stackable washer and dryer. Great opportunity for a first time home buyer. Amenities include: Community pool, spa, fitness center, Clubhouse and barbeque/picnic area. Low HOA too. Perfect location! This condo is conveniently located only a few minutes drive time to the mall, freeways, restaurants and other local amenities. Great price for all this in Murrieta!

Last Agent to Sell the Property

Jacqueline Donohue

CENTURY 21 Affiliated License #01308721 Listed on: 05/21/2020

CENTURY 21 Affiliated

Last Buyer's Agent

Larry Falk

First Team Real Estate License #01148948

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,595

Year Built

  • Built in 2004

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Drip System Landscaping
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 730 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Storage
  • Center Hall
  • Park or Greenbelt Views
  • Security Lights

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Doors swing in
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting
  • Accessible Parking

Pool

  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Natural Gas Connected
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 30563
  • Assessor Parcel Number 910442062

Community Details

Overview

  • 300 Units
  • Verona Association, Phone Number (760) 290-4426
  • Smarter HOA
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,595

Year Built

Built in 2004

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Stackable Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community, Security Lights, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 910442062
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 730.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Recessed Lighting, Storage, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Laminate
  • Accessibility Features: Doors - Swing In, Entry Slope Less Than 1 Foot, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 298.63
  • Room Type: All Bedrooms Down, Center Hall, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Spa Features: Association, Gunite
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Exhaust Fan(s), Linen Closet/Storage

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Park/Greenbelt
  • Patio And Porch Features: Concrete, Covered, Rear Porch, Slab
  • Pool Features: Association, Gunite
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Cooktop, High Efficiency Water Heater, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, High Efficiency, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Gym/Ex Room, Clubhouse
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Verona
  • Phone: 760-290-4426
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Smarter HOA

Schools

  • School District: Murrieta

Green Features

  • Efficiency: Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Close to Clubhouse, Greenbelt, Level, Sprinkler System, Sprinklers Drip System
  • Lot Size Sq Ft: 823.00
  • Lot Size Acres: 0.0189
  • Latitude Manual: 33.54174500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 823.0000 Square Feet
  • Number Of Units In Community: 300
  • Number Of Units Total: 300

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 12
  • Tax Tract Number: 30563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
May 29, 2020
Sold by
Rowe Connie L
Bought by
Fung Ernest Siu Yin and Fung Elizabeth Shin
Seller's Agent
Jacqueline Donohue
CENTURY 21 Affiliated
Buyer's Agent
Larry Falk
First Team Real Estate
List Price
$223,900
Sold Price
$218,000
Premium/Discount to List
-$5,900
-2.64%
Current Estimated Value
$347,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,802
Avg. Annual Appreciation
9.98%
Original Mortgage
$130,800
Outstanding Balance
$104,559
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$255,352

Purchase Details

Listed on
Aug 23, 2014
Closed on
Oct 1, 2014
Sold by
Deiter Steven A and Deiter Marsha R
Bought by
Rowe Connie L
Seller's Agent
Adam Kutchuk
Paradyme Realty
Buyer's Agent
Jacqueline Donohue
CENTURY 21 Affiliated
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Hinojosa Rebeca
Bought by
Figger Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2007
Sold by
Wells Fargo Bank Na
Bought by
Deiter Steven A and Deiter Marsha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Tolentino Noe
Bought by
Wells Fargo Bank Na and Mlmi Trust Series 2006-Wmc1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Arbor West Llc
Bought by
Tolentino Noe Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
5.87%
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
Fung Ernest Siu Yin $218,000 First American Title Company
Rowe Connie L $145,000 First American Title Company
Figger Jim -- Accommodation
Deiter Steven A $144,000 Lsi Title
Wells Fargo Bank Na $129,380 None Available
Tolentino Noe Adrian $195,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fung Ernest Siu Yin $130,800
Previous Owner Deiter Steven A $129,600
Previous Owner Tolentino Noe Adrian $155,800
Closed Tolentino Noe Adrian $38,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $218,000 -2.6% $299 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $223,900 +54.4% $307 / Sq Ft
10/28/2014 10/28/14 Sold $145,000 +0.1% $199 / Sq Ft
08/23/2014 08/23/14 For Sale $144,900 0.0% $198 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $144,900 -- $198 / 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 $3,595 $238,409 $92,956 $145,453
2023 $3,595 $229,153 $89,348 $139,805
2022 $3,575 $224,661 $87,597 $137,064
2021 $3,521 $220,257 $85,880 $134,377
2020 $2,688 $159,341 $65,934 $93,407
2019 $2,659 $156,218 $64,642 $91,576
2018 $2,621 $153,156 $63,375 $89,781
2017 $2,592 $150,154 $62,133 $88,021
2016 $2,565 $147,211 $60,915 $86,296
2015 $2,544 $145,000 $60,000 $85,000
2014 $2,590 $139,000 $87,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20093453

California Regional Multiple Listing Service (CRMLS)

APN: 910-442-062