NOT LISTED FOR SALE

Estimated Value: $450,000 - $502,000

3 Beds
2 Baths
1,299 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $480,000 $370 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,137/month

4 Days on Market

Highlights

  • Active Adult
  • Deck
  • Covered Patio or Porch
  • Clubhouse
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of March 2022

Don't miss out on this highly upgraded home located in the well-kept, 55+ community of Palmilla on the Greens in Menifee! This beauty is move-in ready! It features 2 bedrooms, 2 bathrooms, and a den/office that technically could be a 3rd bedroom with the barndoor and optional closet area. There are beautiful laminate wood floors throughout the house and tile in the bathrooms. Updated kitchen with designer cabinets, granite countertops, and black stainless steel appliances. There's even a separate dining area. Updated bathrooms with upgraded vanities and countertops. Large master bedroom with walk-in closet and a slider that leads to your private patio. Both the front & back yards feature low-maintenance turf. The relaxing backyard has stamped concrete, an Aluma wood patio cover & a water fountain feature. This home is turnkey and will go fast! The Community includes a golf course, clubhouse, and pools. LOW TAXES! Close to new shopping centers, gyms, restaurants, Loma Linda Hospital & the 215 freeway.

Last Agent to Sell the Property

Brandy Markakis

Mogul Real Estate License #01737615 Listed on: 02/14/2022

Last Buyer's Agent

Colleen Nichols

Jason Mitchell R. E. Calif License #02045921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1990

Lot Details

  • 3,920 Sq Ft Lot
  • Sprinkler System
  • Back Yard
  • Property is zoned SP ZONE

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,299 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 125
  • Tax Tract Number 22131
  • Assessor Parcel Number 340072019
  • $368 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Palmilla Association, Phone Number (951) 698-9874
  • Menifee Masters Association, Phone Number (800) 428-5588

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,940

Year Built

Built in 1990

Lot Details

0

HOA Fees

$147 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: George
  • Other Phone Number: 9519059161
  • Property Attached: No
  • View: No
  • Zoning: SP ZONE
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340072019
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1299.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 369.52
  • Room Type: Family Room, Kitchen, Laundry, Master Bedroom
  • Bathroom Features: Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Rear Porch
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Menifee Masters
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 66.00
  • Association #2 Fee: 81.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Palmilla
  • Phone: 9516989874
  • Association Phone #2: 8004285588
  • Senior Community: Yes
  • Community Features: Sidewalks
  • Association Management: Palmilla
  • Association Management 2: Menifee Masters

Schools

  • School District: Menifee Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.29
  • Tax Lot: 125
  • Tax Tract Number: 22131
  • TaxOtherAnnualAssessmentAmount: 368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Cho Joong Ihl & Chang Oak
Bought by
Cho Family Trust
Current Estimated Value
$476,720

Purchase Details

Listed on
Feb 14, 2022
Closed on
Feb 24, 2022
Sold by
Jensen Antonia M and Jensen William N
Bought by
Cho Joong Ihl and Cho Chang Oak
Seller's Agent
Brandy Markakis
Mogul Real Estate
Buyer's Agent
Colleen Nichols
Jason Mitchell R. E. Calif
List Price
$435,000
Sold Price
$480,000
Premium/Discount to List
$45,000
10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%

Purchase Details

Listed on
Dec 28, 2018
Closed on
Apr 8, 2019
Sold by
Carpenter Scott A and Carpenter Jody L
Bought by
Jensen Antonia M and Jensen William N
Seller's Agent
Mike Carman
Keller Williams Realty
Buyer's Agent
Brandy Markakis
Mogul Real Estate
List Price
$319,990
Sold Price
$300,000
Premium/Discount to List
-$19,990
-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
18.21%
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2016
Closed on
Feb 27, 2017
Sold by
Fannie Mae
Bought by
Carpenter Scott A and Carpenter Jody L
Seller's Agent
Nicole Parker
Serenity Properties
Buyer's Agent
Paula Goodspeed
GOODSPEED GROUP INC.
List Price
$227,000
Sold Price
$227,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$70,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2016
Sold by
Lock Agnes J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2003
Sold by
Trevor Iris Virginia
Bought by
Lock James W and Lock Agnes J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1993
Sold by
Trevor Richard Malcolm and Trevor Iris Virginia
Bought by
Trevor Richard Malcolm and Trevor Iris Virginia
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
Cho Family Trust -- None Listed On Document
Cho Joong Ihl $480,000 Lawyers Title
Jensen Antonia M $300,000 Chicago Title Company Ie
Carpenter Scott A $227,000 Lawyers Title
Federal National Mortgage Association $296,196 First American
Lock James W $213,000 First American Title Co
Trevor Richard Malcolm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Antonia M $240,000
Previous Owner Carpenter Scott A $70,000
Previous Owner Lock James W $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $480,000 +10.3% $370 / Sq Ft
02/21/2022 02/21/22 For Sale $435,000 -9.4% $335 / Sq Ft
02/19/2022 02/19/22 Off Market $480,000 -- --
02/14/2022 02/14/22 For Sale $435,000 +45.0% $335 / Sq Ft
05/20/2019 05/20/19 Sold $300,000 -1.6% $231 / Sq Ft View Prior Sale
04/03/2019 04/03/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $304,990 -3.2% $235 / Sq Ft
01/16/2019 01/16/19 Price Changed $314,990 -1.6% $242 / Sq Ft
12/28/2018 12/28/18 For Sale $319,990 +41.0% $246 / Sq Ft
02/28/2017 02/28/17 Sold $227,000 0.0% $175 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
01/30/2017 01/30/17 Off Market $227,000 -- --
12/16/2016 12/16/16 For Sale $227,000 0.0% $175 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $227,000 -3.8% $175 / Sq Ft
08/30/2016 08/30/16 For Sale $236,000 -- $182 / 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 $5,940 $509,379 $84,896 $424,483
2023 $5,940 $489,600 $81,600 $408,000
2022 $3,980 $315,353 $126,141 $189,212
2021 $3,911 $309,170 $123,668 $185,502
2020 $3,847 $306,000 $122,400 $183,600
2019 $3,016 $236,170 $70,747 $165,423
2018 $2,896 $231,540 $69,360 $162,180
2017 $2,962 $230,000 $70,000 $160,000
2016 $3,107 $248,000 $64,000 $184,000
2015 $2,795 $220,000 $57,000 $163,000
2014 $2,519 $197,000 $51,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22026399

California Regional Multiple Listing Service (CRMLS)

APN: 340-072-019