NOT LISTED FOR SALE

27410 State Highway 74 Perris, CA 92570

Meadowbrook Neighborhood

Estimated Value: $1,537,000 - $1,557,805

3.62 Acres
$427,459 Price per Acre
157,687 Sq Ft Lot

Last Sold November 27, 2024

Last sale price $1,600,000 $971 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,416/month

357 Days on Market

Highlights

  • 3.62 Acre Lot
  • View of Hills
  • No HOA

About This Lot

As of November 2024

Vacant Mixed-Use Parcel with 100,000+ Daily Traffic Count. Extremely Versatile and Unique Vacant Parcel in Perris! Located in a highly desirable area, this 3.62-acre lot offers mixed-used zoning with several fast-track projects allowed by the city. Boasting over 500’ of freeway frontage, the property benefits from a startling 100,000+ daily traffic count along HWY 74, as well as several thousand vehicles traveling Greenwald Avenue to enter the exclusive gated community of Canyon Lake. Affording opportunities for the entrepreneurial, the mostly flat lot has residential utilities present with the added advantage of a new sewer project to be installed along HWY 74. As an added bonus, the parcel is close to nearby conveniences, such as Meadowbrook Market (0.1-miles), Rosetta Canyon Sports Park (2.5-miles), and Home Depot (3.9-miles). Whether you are an investor seeking to hold property or are actively seeking a site for your new business, this incredibly spacious property impresses with multiple exit strategies. Call now to schedule your showing!

Last Agent to Sell the Property

GREGG HOLT

North South Realty Brokerage Phone: 951-907-9274 License #01748493 Listed on: 09/15/2023

Last Buyer's Agent

GREGG HOLT

North South Realty Brokerage Phone: 951-907-9274 License #01748493 Listed on: 09/15/2023

Property Details

Property Type

  • Land

Lot Details

  • 3.62 Acre Lot
  • Property is zoned C-1/C-P

Property Views

  • Views of Hills

Listing and Financial Details

  • Assessor Parcel Number 349080076
  • $38 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

3.62 Acres

Listing Details

  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: C-1/C-P
  • Property Type: Land
  • Parcel Number: 349080076
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 10.15

Exterior Features

  • View: Hills

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 157687.00
  • Lot Size Acres: 3.6200

Multi Family

  • Lot Size Area: 157687.0000 Square Feet

Tax Info

  • Tax Census Tract: 429.02
  • TaxOtherAnnualAssessmentAmount: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 3, 2024
Sold by
Geary David P and Dominick Vincent P
Bought by
Rashid Family Investment Llc
Seller's Agent
GREGG HOLT
North South Realty
Buyer's Agent
GREGG HOLT
North South Realty
List Price
$2,349,900
Sold Price
$1,600,000
Premium/Discount to List
-$749,900
-31.91%
Views
109
Current Estimated Value
$1,547,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,597
Avg. Annual Appreciation
-2.54%
Original Mortgage
$1,000,000
Interest Rate
6.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 2017
Sold by
Greenwold 74 Llp
Bought by
Geavy David P and Dominick Vincent P

Purchase Details

Closed on
Apr 21, 2015
Sold by
Geary David P and Dominick Vincent P
Bought by
Greenwald 74 Llp

Purchase Details

Closed on
Nov 10, 2009
Sold by
Geary David P
Bought by
Geary David Paul

Purchase Details

Closed on
Dec 19, 2005
Sold by
Park Center Exchange I Llc
Bought by
Geary David P and Dominick Vincent P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Geary Bonnie K
Bought by
Geary David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2005
Sold by
Payne William C and Payne Pauline A
Bought by
Park Center Exchange I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rashid Family Investment Llc $1,600,000 Wfg National Title
Geavy David P -- None Available
Greenwald 74 Llp -- None Available
Geary David Paul -- None Available
Geary David P $1,120,000 Orange Coast Title Co
Geary David P -- Orange Coast Title Co
Dominick Vincent P -- Orange Coast Title Co
Park Center Exchange I Llc -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rashid Family Investment Llc $1,000,000
Previous Owner Geary David P $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $1,600,000 -19.6% $971 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,990,000 -15.3% $1,208 / Sq Ft
09/30/2023 09/30/23 Price Changed $2,349,900 0.0% $1,426 / Sq Ft
09/30/2023 09/30/23 For Sale $2,349,900 +46.9% $1,426 / Sq Ft
09/20/2023 09/20/23 Off Market $1,600,000 -- --
09/15/2023 09/15/23 For Sale $2,999,000 -- $1,820 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,369 $1,600,000 $1,600,000 --
2023 $4,369 $412,739 $412,739 --
2022 $4,229 $404,647 $404,647 $0
2021 $5,227 $396,713 $396,713 $0
2020 $8,226 $790,599 $392,646 $397,953
2019 $8,066 $775,098 $384,948 $390,150
2018 $7,909 $759,900 $377,400 $382,500
2017 $13,697 $1,318,783 $1,259,917 $58,866
2016 $13,183 $1,292,925 $1,235,213 $57,712
2015 $13,002 $1,273,507 $1,216,660 $56,847
2014 $12,578 $1,248,563 $1,192,828 $55,735
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    GREGG HOLT

    North South Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23173434

California Regional Multiple Listing Service (CRMLS)

APN: 349-080-076

California Riverside County Perris 92570 Meadowbrook

27410 State Highway 74, Perris, CA

Not Listed for Sale

Lots

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