NOT LISTED FOR SALE

28100 Via Princesa Murrieta, CA 92563

Murrieta Hot Springs Neighborhood

Estimated Value: $1,084,599 - $1,293,000

8 Beds
7 Baths
3,743 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $970,000 $259 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,231/month

13 Days on Market

About This Home

As of December 2021

This is a fantastic deal for the right buyer and there is a big upside in rents. There is some deferred maintenance but the large units, some of which are townhome-style, and the property's location offer an amazing canvas for this bread and butter investment or live in one and rent the others. The seller is a court-appointed Administrator and has no knowledge of the property or historical expense data. The building square footage is an estimate and buyers should check for themselves. All units are occupied with significantly under-market rents. There is an HOA.

Last Agent to Sell the Property

Dave Silverstein

New Frontier Realty License #01300212 Listed on: 11/09/2021

Last Buyer's Agent

Outside Agent

License #000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,645

Lot Details

  • 10,019

Home Design

  • 3,743 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Additional Features

  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gas
  • Assessor Parcel Number 913-171-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,645

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3743
  • Lot Acreage: 0.2300
  • Probate: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 252.47

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 4+ Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 72.73
  • Assessed Improvement Value: 178694
  • Assessed Land Percent: 27.27
  • Assessed Land Value: 66998
  • Total Assessed Value: 245692
  • Assessor Parcel Number: 913-171-007
  • Lot Size Area: 10019

Rental Info

  • Court Approve: No
  • Owner Pays: Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 4
  • Type Of Units: 4-Plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 13, 2021
Sold by
Shea Robin J and Estate Of John F Sakala
Bought by
Phan Nickolaus Taylor
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
Outside Agent
List Price
$945,000
Sold Price
$970,000
Premium/Discount to List
$25,000
2.65%
Current Estimated Value
$1,190,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,150
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Sep 10, 1996
Sold by
Mcclellan Murray J and Mcclellan Laura N
Bought by
Sakala John F

Purchase Details

Closed on
May 9, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Mcclellan Murray J and Mcclellan Laura N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 23, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back
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
Phan Nickolaus Taylor $970,000 North American Title Company
Sakala John F $165,000 Ati Title Company
Mcclellan Murray J $135,000 World Title
Home Svgs Of America Fsb $234,650 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclellan Murray J $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $970,000 +2.6% $259 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $945,000 -- $252 / Sq Ft
Source: The MLS

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 $11,645 $1,029,371 $307,750 $721,621
2023 $11,645 $989,400 $295,800 $693,600
2022 $11,603 $970,000 $290,000 $680,000
2021 $3,307 $248,237 $67,692 $180,545
2020 $3,277 $245,692 $66,998 $178,694
2019 $3,223 $240,876 $65,685 $175,191
2018 $3,169 $236,154 $64,398 $171,756
2017 $3,130 $231,525 $63,136 $168,389
2016 $3,094 $226,987 $61,899 $165,088
2015 $3,065 $223,579 $60,970 $162,609
2014 $2,942 $219,202 $59,777 $159,425
Source: Public Records

Agents Affiliated with this Home

  • Dave Silverstein

    Seller's Agent in 2021

    Dave Silverstein

    New Frontier Realty

    (310) 739-0068

    1 in this area

    11 Total Sales

    Dave Silverstein
    Section Image

  • O

    Buyer's Agent in 2021

    Outside Agent

See All Agents

Map

Source: The MLS

MLS Number: 21-103691

The MLS

APN: 913-171-007

California Riverside County Murrieta 92563 Murrieta Hot Springs

28100 Via Princesa, Murrieta, CA

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