NOT LISTED FOR SALE

26502 Arboretum Way Unit 1602 Murrieta, CA 92563

Estimated Value: $423,000 - $432,000

2 Beds
2 Baths
1,031 Sq Ft
$140/mo HOA Fee

Last Sold October 13, 2020

Last sale price $293,000 $284 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,768/month

6 Days on Market

Highlights

  • Fitness Center
  • Guarded Parking
  • In Ground Pool
  • Buchanan Elementary School Rated A-
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of October 2020

From the moment you arrive, you will absolutely love this beautiful, single story, lower level condo in the Lennar-built Verona community of Murrieta. The living room, dining area, and kitchen flow seamlessly, making entertaining family and friends a breeze. The kitchen is equipped with all new, stainless steel appliances. The laundry closet makes chore time easy. The entire home has been upgraded with fresh paint and carpeting, new blinds and closet doors, and refreshed bathrooms. The covered balcony will allow you to enjoy fresh air any time of year and offers ample privacy. Parking is never an issue with the detached, one-car garage. There is also a gated lot of unregulated spaces, so your visitors will have plenty of space to park. Ideal location close to the award-winning schools of Murrieta, and the 215 and 15 freeways. The community offers a trolley to take you to nearby Harveston in Temecula with amenities open to the public, and the Temecula mall. Association amenities include a pool, spa, poolhouse, barbecue area, covered outdoor recreation area, and 24-hour security. Hurry! Homes in this excellent area do not last! Take a virtual tour: https://my.matterport.com/show/?m=Ns5kvdaDh3z&brand=0

Last Agent to Sell the Property

Jay Bourgana

Radius Agent Realty License #01928658 Listed on: 09/02/2020

Co-Listed By

Samantha Kungli

All Nation Homes License #02044993

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 2004

Lot Details

  • 1,089

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Guarded Parking

Interior Spaces

  • 1,031 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 30563
  • Assessor Parcel Number 910443044

Community Details

Overview

  • 200 Units
  • Verona Association, Phone Number (951) 699-1220
  • Built by Lennar

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,363

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: 24 Hour Security, Gated with Guard
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 910443044
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1031.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 284.19
  • Room Type: Kitchen, Living Room, Master Suite
  • Spa Features: Association, Community, In Ground
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Builder Name: Lennar
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, 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, Picnic Area, Gym/Ex Room, Trash
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Verona
  • Phone: 951-699-1220
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Verona

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 14
  • Tax Tract Number: 30563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 17, 2020
Sold by
Rice Dana C
Bought by
Mason Matthew W and Cervenka Katherine
Seller's Agent
Jay Bourgana
Radius Agent Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$279,900
Sold Price
$293,000
Premium/Discount to List
$13,100
4.68%
Current Estimated Value
$427,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,129
Avg. Annual Appreciation
8.11%
Original Mortgage
$263,700
Outstanding Balance
$235,077
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,263

Purchase Details

Closed on
Oct 19, 2015
Sold by
Rice Rickye
Bought by
Rice Dana C

Purchase Details

Closed on
Mar 8, 2007
Sold by
Johnson Queen E and Rice Rickye
Bought by
Rice Rickye and Rice Dana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Johnson Queen E
Bought by
Johnson Queen E and Rice Rickye

Purchase Details

Closed on
Aug 9, 2004
Sold by
Arbor West Llc
Bought by
Johnson Queen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,350
Interest Rate
6.25%
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
Mason Matthew W $293,000 Ticor Title Riverside
Rice Dana C -- Lawyers Title Company
Rice Rickye -- None Available
Johnson Queen E -- --
Johnson Queen E $243,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Matthew W $263,700
Previous Owner Rice Rickye $251,000
Previous Owner Johnson Queen E $194,350
Closed Johnson Queen E $48,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $293,000 +4.7% $284 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $279,900 -- $271 / 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 $4,363 $317,151 $92,006 $225,145
2023 $4,363 $304,837 $88,434 $216,403
2022 $4,337 $298,860 $86,700 $212,160
2021 $4,266 $293,000 $85,000 $208,000
2020 $3,927 $256,017 $85,696 $170,321
2019 $3,846 $248,560 $83,200 $165,360
2018 $3,728 $239,000 $80,000 $159,000
2017 $3,505 $220,000 $73,000 $147,000
2016 $3,041 $188,000 $63,000 $125,000
2015 $2,880 $168,000 $56,000 $112,000
2014 $2,823 $168,000 $56,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20181789

California Regional Multiple Listing Service (CRMLS)

APN: 910-443-044