NOT LISTED FOR SALE

28220 Inspiration Lake Dr Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $523,600 - $577,000

4 Beds
2 Baths
1,510 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $339,000 $225 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,335/month

35 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Laundry Room
  • Tennis Courts
  • Views
  • Central Heating and Cooling System

About This Home

As of November 2018

Large Corner Lot! This beautiful house offers a single story feel with a private bonus room upstairs, high ceilings with lots of natural light, freshly painted through out, new carpet in all bedrooms, tile floors. Master bedroom has tub and walk-in closet, laundry room, private back yard and 2 car garage! The community has a pool, spa, tennis court, access to the lake, close to shopping and much more! Very low HOA and no mello-roos! Great Location!

Last Agent to Sell the Property

Gabriela Marks

Blue Horizon Realty & Lending License #01849535 Listed on: 09/24/2018

Last Buyer's Agent

Kyle Jeffries

Harcourts - WE Realty License #01753974

Harcourts - WE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,584

Year Built

  • Built in 1990

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Property is zoned SP ZONE

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 23251
  • Assessor Parcel Number 364061004

Community Details

Overview

  • Menifee Masters Association, Phone Number (800) 428-5588

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,584

Year Built

Built in 1990

Lot Details

0

HOA Fees

$66 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: SP ZONE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 364061004
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1510.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 224.50
  • Room Type: Laundry

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 66.00
  • Association Fee Frequency: Monthly
  • Association Name: Menifee Masters Association
  • Phone: 8004285588
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Menifee Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.38
  • Tax Lot: 4
  • Tax Tract Number: 23251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 9, 2018
Sold by
Lovelady Brian Eugene and Lovelady Jessica Lynn
Bought by
Shinn Cecilia
Seller's Agent
Gabriela Marks
Blue Horizon Realty & Lending
Buyer's Agent
Kyle Jeffries
Harcourts - WE Realty
List Price
$345,000
Sold Price
$339,000
Premium/Discount to List
-$6,000
-1.74%
Current Estimated Value
$550,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,400
Avg. Annual Appreciation
7.25%
Original Mortgage
$279,000
Outstanding Balance
$245,324
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$305,076

Purchase Details

Closed on
May 9, 2013
Sold by
Lvelady Brian E
Bought by
Lovelady Brian Eugene and Lovelady Jessica Lynn

Purchase Details

Closed on
Aug 10, 2009
Sold by
Lovelady Jessica
Bought by
Lovelady Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Williams Shammon
Bought by
Williams Jesusa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Williams Jesus A
Bought by
Williams Shammon and Williams Jesusa

Purchase Details

Closed on
Jun 21, 2003
Sold by
Williams Shammon R
Bought by
Williams Jesusa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2003
Sold by
Huber Mike and Huber Diane
Bought by
Williams Jesusa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Shinn Cecilia $339,000 Chicago Title Company
Lovelady Brian Eugene -- None Available
Lovelady Brian E -- Ticor Title Company
Lovelady Brian E $138,000 Ticor Title
Williams Jesusa -- First American Title Company
Williams Shammon -- --
Williams Jesusa -- New Century Title Company
Williams Jesusa $250,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinn Cecilia $279,000
Previous Owner Lovelady Brian E $110,400
Previous Owner Williams Jesusa $319,000
Previous Owner Williams Jesusa $200,000
Closed Williams Jesusa $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $339,000 -1.7% $225 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $345,000 0.0% $228 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $345,000 -- $228 / 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 $4,584 $378,156 $83,661 $294,495
2023 $4,584 $363,473 $80,413 $283,060
2022 $4,558 $356,347 $78,837 $277,510
2021 $4,481 $349,361 $77,292 $272,069
2020 $4,414 $345,780 $76,500 $269,280
2019 $4,315 $339,000 $75,000 $264,000
2018 $2,149 $156,543 $68,061 $88,482
2017 $2,117 $153,475 $66,727 $86,748
2016 $2,047 $150,467 $65,419 $85,048
2015 $2,021 $148,209 $64,438 $83,771
2014 $1,974 $145,308 $63,177 $82,131
Source: Public Records

Agents Affiliated with this Home

  • Gabriela Marks

    Seller's Agent in 2018

    Gabriela Marks

    Blue Horizon Realty & Lending

    (760) 443-9233

    14 Total Sales

    Gabriela Marks
    Section Image

  • K

    Buyer's Agent in 2018

    Kyle Jeffries

    Harcourts - WE Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18233425

California Regional Multiple Listing Service (CRMLS)

APN: 364-061-004

California Riverside County Menifee 92584 Menifee Lakes

28220 Inspiration Lake Dr, Menifee, CA

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