NOT LISTED FOR SALE

28187 Via Princesa Murrieta, CA 92563

Murrieta Hot Springs Neighborhood

Estimated Value: $1,212,700 - $1,375,000

4 Beds
3 Baths
3,900 Sq Ft
$324/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $742,500 $190 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,503/month

59 Days on Market

About This Home

As of April 2019

Lovely 4-plex in the City of Murrieta. Close to shopping, freeway, dining, etc. Building consists of 3 2 bed 1.5 bath units and 1 2 bedroom 1 bath unit. The 2 bedroom 1 bath is entirely upstairs, while the others are all two story units with 2 bedrooms and 1 bath upstairs and the living area downstairs with a 1/2 bath. Downstairs units have fenced yards. Building has 4 carports, common laundry facilities, and additional parking.

Last Agent to Sell the Property

Brian Spock

Complete Real Estate License #01313745 Listed on: 11/19/2018

Last Buyer's Agent

Jorge Fuentes

Community Home Rentals and Pro License #01758687

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,480

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $60 Monthly HOA Fees

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 4476
  • Assessor Parcel Number 913172006

Community Details

Overview

  • 4 Units
  • Vista Del Lago Association, Phone Number (951) 699-1220

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • Electric Expense $415
  • Fuel Expense $280
  • Gardener Expense $600
  • Insurance Expense $1,100
  • Trash Expense $1,632
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,983
  • Operating Expense $16,730
  • Gross Income $62,040
  • Net Operating Income $46,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,480

Year Built

Built in 1989

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 913172006
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 190.38

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1632.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Name: Vista del Lago
  • Phone: 951-699-1220
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Electric Expense: 415.00
  • Fuel Expense: 280.00
  • Gross Income: 62040.00
  • Gross Scheduled Income: 61680.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 46403.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 15637.00
  • Rent Control: No
  • Total Expenses: 16730.00

Tax Info

  • New Taxes Expense: 8983.00
  • Tax Census Tract: 505.00
  • Tax Lot: 53
  • Tax Tract Number: 4476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Pal Dharam and Pal Vijay
Bought by
Bugarin Jose C and Bugarin Irene
Current Estimated Value
$1,264,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2016
Sold by
Pal Dharam
Bought by
Pal Dharam and Pal Vijay

Purchase Details

Closed on
Nov 23, 2005
Sold by
Pal Vijay
Bought by
Pal Dharam

Purchase Details

Closed on
Mar 10, 2004
Sold by
Pal Vijay
Bought by
Pal Dharam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2004
Sold by
C & E Ventures Llc
Bought by
Pal Dharam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2002
Sold by
Enriquez Josephine
Bought by
C & E Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1993
Sold by
Long Beach Trading Company
Bought by
Enriquez Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
9.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 1993
Sold by
Duvernet Mona M
Bought by
Long Beach Trading Company Inc
Source: Public Records

Range of Values:

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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
Bugarin Jose C $742,500 Fidelity National Title
Pal Dharam -- None Available
Pal Dharam -- Stewart Title Of Ca Inc
Pal Dharam -- Southland Title Corporation
Pal Dharam $515,000 Southland Title Corporation
C & E Ventures Llc $279,000 Stewart Title
Enriquez Josephine $18,000 Orange Coast Title Co
Long Beach Trading Company Inc $223,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bugarin Jose C $519,750
Previous Owner Pal Dharam $360,500
Previous Owner C & E Ventures Llc $198,750
Previous Owner Enriquez Josephine $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $742,500 -0.9% $190 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $749,500 +1.4% $192 / Sq Ft
11/19/2018 11/19/18 For Sale $739,500 -- $190 / 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 $9,480 $828,267 $239,834 $588,433
2023 $9,480 $796,107 $230,522 $565,585
2022 $9,446 $780,498 $226,002 $554,496
2021 $9,277 $765,195 $221,571 $543,624
2020 $9,187 $757,350 $219,300 $538,050
2019 $8,036 $656,380 $133,819 $522,561
2018 $7,890 $643,511 $131,197 $512,314
2017 $7,787 $630,894 $128,625 $502,269
2016 $7,475 $600,000 $126,000 $474,000
2015 $6,578 $520,000 $130,000 $390,000
2014 $4,829 $380,000 $115,000 $265,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Spock

    Seller's Agent in 2019

    Brian Spock

    Complete Real Estate

    (951) 676-5820

    3 in this area

    27 Total Sales

    Brian Spock
    Section Image

  • J

    Buyer's Agent in 2019

    Jorge Fuentes

    Community Home Rentals and Pro

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18278463

California Regional Multiple Listing Service (CRMLS)

APN: 913-172-006

California Riverside County Murrieta 92563 Murrieta Hot Springs

28187 Via Princesa, Murrieta, CA

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