NOT LISTED FOR SALE

27740 Linnel Ln Murrieta, CA 92562

Greer Ranch Neighborhood

Estimated Value: $833,000 - $1,211,681

5 Beds
2 Baths
3,296 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,112,500 $338 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,929/month

206 Days on Market

Highlights

  • 10.26 Acre Lot
  • View of Hills
  • Laundry Room
  • Antelope Hills Elementary School Rated A-
  • No HOA

About This Home

As of September 2023

Residential Development Opportunity. 10.26 Acres with approximately 5 acres of developable land. Tenant occupied income-producing property, currently Residential Development Opportunity on 10.26 acres in the path of growth. Tenant occupied income-producing property, currently rented under-market generating $3,500 per month. Easy access to the I-215 freeway with great freeway visibility. Terrific views of the valley. Located across the street from a recently approved multi-family project and approved hotels and Orchards at Stone Creek, Super Target, Starbucks, Subway, and Tractor Supply Company including others with the new Costo just across the freeway. It currently has two rental units totaling 5 bedrooms, and 3 baths with a finished office in the detached garage.

Last Agent to Sell the Property

Kris McGee

NON-MEMBER/NBA or BTERM OFFICE License #01996570 Listed on: 01/21/2023

NON-MEMBER/NBA or BTERM OFFICE

Co-Listed By

Jason Graham

eXp Realty of California, Inc. License #01766858

Last Buyer's Agent

Kris McGee

NON-MEMBER/NBA or BTERM OFFICE License #01996570 Listed on: 01/21/2023

NON-MEMBER/NBA or BTERM OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,708

Year Built

  • Built in 1988

Lot Details

  • 10.26 Acre Lot
  • Irregular Lot
  • Density is 6-10 Units/Acre
  • Property is zoned SF-1

Parking

  • 6 Car Garage

Interior Spaces

  • 3,296 Sq Ft Home
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392250005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Valley

Building Details

  • 2 Leased Units

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,708

Year Built

Built in 1988

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 899500
  • Property Attached: No
  • View: Yes
  • Zoning: SF-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 392250005
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 337.53

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Irregular Lot
  • Lot Size Sq Ft: 446925.60
  • Lot Size Acres: 10.2600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 10.2600 Acres
  • Net Operating Income: 32480.00
  • Number Of Rented Garages: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3520.00
  • Rent Control: No
  • Total Actual Rent: 3000.00

Tax Info

  • Tax Census Tract: 432.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Lapaglia Michael J and Lapaglia Tracy F
Bought by
Lapaglia Family Trust and Lapaglia
Current Estimated Value
$1,077,420

Purchase Details

Closed on
Jun 16, 2016
Sold by
Eagleson Cheryl R and Wierenga Vanessa M
Bought by
Eagleson Cheryl

Purchase Details

Closed on
Oct 28, 2010
Sold by
Lindquist Frank E
Bought by
Eagleson Cheryl R and Wierenga Vanessa M
Source: Public Records

Range of Values:

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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
Lapaglia Family Trust -- None Listed On Document
Lapaglia Michael J -- None Listed On Document
Eagleson Cheryl -- None Available
Eagleson Cheryl R -- None Available
Lindquist Frank E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,112,500 -38.2% $338 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $1,799,000 0.0% $546 / Sq Ft
12/23/2018 12/23/18 Rented $3,825 -1.9% --
11/21/2018 11/21/18 Price Changed $3,900 +32.2% $1 / Sq Ft
10/29/2018 10/29/18 Price Changed $2,950 +1.7% $1 / Sq Ft
10/11/2018 10/11/18 For Rent $2,900 -- --
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 $12,708 $1,134,750 $255,000 $879,750
2023 $3,652 $298,692 $92,290 $206,402
2022 $3,586 $292,836 $90,481 $202,355
2021 $3,521 $287,095 $88,707 $198,388
2020 $3,686 $284,152 $87,798 $196,354
2019 $3,845 $278,581 $86,077 $192,504
2018 $3,561 $273,120 $84,390 $188,730
2017 $3,517 $267,766 $82,736 $185,030
2016 $3,476 $262,516 $81,114 $181,402
2015 $3,443 $258,575 $79,897 $178,678
2014 $3,298 $253,512 $78,333 $175,179
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kris McGee

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jason Graham

    eXp Realty of California, Inc.

    (951) 852-4757

    1 in this area

    30 Total Sales

    Section Image

  • l

    Seller's Agent in 2018

    lisa delzompo

    Sand to Sea Properties, Inc

    (951) 587-4155

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23011218

California Regional Multiple Listing Service (CRMLS)

APN: 392-250-005

California Riverside County Murrieta 92562 Greer Ranch

27740 Linnel Ln, Murrieta, CA

This home is located at 27740 Linnel Ln, Murrieta, CA 92562 since 21 January 2023 and is currently estimated at $1,077,420, approximately $326 per square foot. This property was built in 1988. 27740 Linnel Ln is a home located in Riverside County with nearby schools including Antelope Hills Elementary School, Shivela Middle School, and Murrieta Mesa High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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