NOT LISTED FOR SALE

28178 Via Princesa Murrieta, CA 92563

Murrieta Hot Springs Neighborhood

Estimated Value: $1,162,000 - $1,348,000

2 Beds
1 Bath
3,600 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 10, 2015

Last sale price $590,000 $164 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,475/month

229 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Utility Room
  • Buchanan Elementary School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of March 2015

DRASTIC PRICE REDUCTION.......OUTSTANDING INVESTMENT OPPORTUNITY, INCREDIBLE FIND....THE BEST FULLY OCCUPLIED 4 UNITS ON THE MARKET, BEAUTIFUL WELL MAINTAINED REMODELED LARGE 4 PLEX WITH BIG LOT IN THE GREAT AREA OF MURRIETA, CLOSE TO SHOPS AND RESTAURANTS. THIS UNIQUE PROPERTY BOASTS NEWER CUSTOM PAINT,LIMANATED WOOD FLOORING AND TILES.TENANTS PAY ALL UTILITIES EXCEPT WATER BILLS AND TRASH. HAVE UP-SIDE POTENTIAL,SHOW VERY WELL. ALL THE UNITS HAVE CENTRAL AIR AND INDIVIDUALLY METERED FOR GAS AND ELECTRICITY.4 SINGLE ASSIGNED CARPORT AND GUEST PARKING.LAUNDRY ROOM. 2 UNITS DOWNSTAIRS HAVE THEIR OWN PATIOS. ALL TENANTS ARE LONG TERM 1 YEAR LEASE TENANTS, RENTS ARE CURRENT AND ON TIME. PLEASE DO NOT DISTURB OCCUPANTS, THEY ARE NOT AWARE OF THE SALE. STRICTLY DRIVE BY.OFFER SUBJECTS TO THE INTERIOR INSPECTION.SELLERS ARE MOTIVATED !

Last Agent to Sell the Property

Ronny Whong

Ronny Whong, Broker License #01039188 Listed on: 06/01/2014

Last Buyer's Agent

Tony Cullors

HomeSmart Realty West License #01240905

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,265

Year Built

  • Built in 1984

Lot Details

  • 8,505 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,600 Sq Ft Home
  • Entryway
  • Living Room
  • Utility Room
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 36
  • Tax Tract Number 4476
  • Assessor Parcel Number 913171014

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $700
  • Gardener Expense $600
  • Insurance Expense $1,380
  • Other Expense $720
  • Trash Expense $1,080
  • Water Sewer Expense $1,560
  • Gross Income $4,025
  • Net Operating Income $41,060

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,265

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 913171014
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 163.89
  • Room Type: Entry, Living Room, Utility Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8505.00
  • Lot Size Acres: 0.1950

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 700.00
  • Gross Income: 4025.00
  • Gross Scheduled Income: 48300.00
  • Insurance Expense: 1380.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8505.0000 Square Feet
  • Net Operating Income: 41060.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 6040.00
  • Other Expense: 720.00
  • Other Expense Description: HOA DUES
  • Other Income Description: ANNUAL LAUNDRY INCOME $1920
  • Rent Control: No
  • Total Actual Rent: 4025.00

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 4476
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Conyers Jeffrey S
Bought by
Steria Martha Mary
Current Estimated Value
$1,232,666

Purchase Details

Listed on
Jun 1, 2014
Closed on
Feb 20, 2015
Sold by
Chen Michael J and Chen Frances L
Bought by
Ealy Harrison D
Seller's Agent
Ronny Whong
Ronny Whong, Broker
Buyer's Agent
Tony Cullors
HomeSmart Realty West
List Price
$645,000
Sold Price
$590,000
Premium/Discount to List
-$55,000
-8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 13, 2014
Sold by
Hnr Inc
Bought by
Chen Michael J and Chen Frances L
Seller's Agent
Gene Hacker
Buyer's Choice Realty
Buyer's Agent
Ronny Whong
Ronny Whong, Broker
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$327,000
Interest Rate
4.29%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 4, 2013
Closed on
Aug 1, 2013
Sold by
Comer Austin H
Bought by
Hnr Inc
Seller's Agent
Jeff Bast
KW Temecula
Buyer's Agent
Jeff Bast
KW Temecula
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.85%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Sutherland Investments Llc
Bought by
Comer Austin H

Purchase Details

Closed on
Jun 15, 2005
Sold by
Comer Austin Hutton
Bought by
Sutherland Investments Llc

Purchase Details

Closed on
Feb 7, 2005
Sold by
Savage Norman
Bought by
Comer Austin Hutton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 2, 2003
Sold by
Zajicek Don R and Zajicek Angela
Bought by
Savage Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
5.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1999
Sold by
Zajicek Don R and Zajicek Angela
Bought by
Zajicek Don R and Zajicek Angela

Purchase Details

Closed on
Oct 10, 1994
Sold by
World S & L Assn
Bought by
Zajicek Don Richard and Zajicek Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,442
Interest Rate
8.5%
Mortgage Type
Seller Take Back
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
Steria Martha Mary -- None Available
Ealy Harrison D $590,000 Landwood Title
Chen Michael J $545,000 Landwood Title Company
Hnr Inc $425,000 Landwood Title
Comer Austin H -- Landwood Title
Sutherland Investments Llc -- --
Comer Austin Hutton $690,000 Ticor Title Company
Savage Norman $425,000 First American Title Co
Zajicek Don R -- --
Zajicek Don Richard $138,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Michael J $327,000
Previous Owner Comer Austin Hutton $460,000
Previous Owner Savage Norman $317,600
Previous Owner Zajicek Don Richard $124,442
Closed Savage Norman $39,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2015 03/10/15 Sold $590,000 -8.5% $164 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
06/01/2014 06/01/14 For Sale $645,000 +18.3% $179 / Sq Ft
03/18/2014 03/18/14 Sold $545,000 +3.8% $151 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $525,000 +23.5% $146 / Sq Ft
09/13/2013 09/13/13 Sold $425,000 +6.3% $118 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $400,000 -- $111 / 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 $9,265 $808,746 $195,213 $613,533
2023 $9,265 $777,343 $187,634 $589,709
2022 $9,232 $762,102 $183,955 $578,147
2021 $9,067 $747,160 $180,349 $566,811
2020 $8,979 $739,500 $178,500 $561,000
2019 $7,796 $635,658 $118,511 $517,147
2018 $7,654 $623,195 $116,188 $507,007
2017 $7,554 $610,976 $113,910 $497,066
2016 $7,459 $598,997 $111,677 $487,320
2015 $6,989 $555,900 $112,200 $443,700
2014 $5,330 $425,000 $95,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ronny Whong

    Ronny Whong, Broker

  • Tony Cullors

    Buyer's Agent in 2015

    Tony Cullors

    HomeSmart Realty West

    (951) 719-1262

    1 in this area

    24 Total Sales

    Tony Cullors
    Section Image

  • G

    Seller's Agent in 2014

    Gene Hacker

    Buyer's Choice Realty

    (714) 888-2816

    29 Total Sales

    Gene Hacker
    Section Image
  • Jeff Bast

    Seller's Agent in 2013

    Jeff Bast

    KW Temecula

    (951) 264-8387

    1 in this area

    138 Total Sales

    Jeff Bast
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14113640

California Regional Multiple Listing Service (CRMLS)

APN: 913-171-014

California Riverside County Murrieta 92563 Murrieta Hot Springs

28178 Via Princesa, Murrieta, CA

This home is located at 28178 Via Princesa, Murrieta, CA 92563 since 01 June 2014 and is currently estimated at $1,232,666, approximately $342 per square foot. This property was built in 1984. 28178 Via Princesa is a home located in Riverside County with nearby schools including Buchanan Elementary School, Warm Springs Middle School, and Vista Murrieta 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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