NOT LISTED FOR SALE

28495 Vela Dr Menifee, CA 92586

Estimated Value: $707,000 - $774,000

4 Beds
3 Baths
2,693 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 28495 Vela Dr, Menifee, CA 92586 and is currently estimated at $737,998, approximately $274 per square foot. 28495 Vela Dr is a home with nearby schools including Ridgemoor Elementary School, Menifee Valley Middle School, and Pinacate Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Woodside 05S Lp
Bought by
Kottimichitti Bharat Kumar and Pragada Manasa
Current Estimated Value
$737,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,800
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2019
Sold by
Menifee 28859 Llc
Bought by
Woodside 05S Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,511,165
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2011
Sold by
Wolfe John M
Bought by
Menifee 28859 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kottimichitti Bharat Kumar $715,500 Fidelity National Title
Woodside 05S Lp $7,251,000 First American Title Company
Menifee 28859 Llc $1,020,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kottimichitti Bharat Kumar $643,800
Previous Owner Woodside 05S Lp $3,511,165
Previous Owner Menifee 28859 Llc $600,000
Previous Owner Menifee 28859 Llc $600,000
Source: Public Records

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 $11,848 $1,410,480 $78,030 $1,332,450
2023 $11,848 $715,355 $75,000 $640,355
2022 $4,328 $47,302 $47,302 $0
2021 $577 $46,375 $46,375 $0
2020 $546 $45,900 $45,900 $0
2019 $95 $7,182 $7,182 $0
2018 $92 $7,042 $7,042 $0
2017 $90 $6,904 $6,904 $0
2016 $87 $6,769 $6,769 $0
2015 $86 $6,668 $6,668 $0
2014 $169 $6,539 $6,539 $0
Source: Public Records

Map

California Riverside County Menifee 92586

28495 Vela Dr, Menifee, CA

This home is located at 28495 Vela Dr, Menifee, CA 92586 and is currently estimated at $737,998, approximately $274 per square foot. 28495 Vela Dr is a home with nearby schools including Ridgemoor Elementary School, Menifee Valley Middle School, and Pinacate Middle 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.

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