NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $1,345,000

5 Beds
3 Baths
3,900 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $735,000 $188 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,458/month

81 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Paved or Partially Paved Lot
  • Buchanan Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2018

Great opportunity in Murrieta, CA. Three 2 bedrooms 1.5 bath and one 3 bedroom plus 2 bath with 4 single car garage. This property is on a 7,509 Sq.Ft. lot with a laundry room. Check out the 2 other listings on 28910 Calle Del Lago and 28187 Via Princesa this is your opportunity to own more rental investments in this beautiful city.

Last Agent to Sell the Property

Anna Rodriguez

Momentum Realty License #01766454 Listed on: 06/21/2018

Last Buyer's Agent

Susana Franco

GOLDEN EAGLE PROPERTIES License #01852097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,554

Year Built

  • Built in 1989

Lot Details

  • 8,082 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 25
  • Tax Tract Number 4476
  • Assessor Parcel Number 913171002

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,050
  • Trash Expense $875
  • Water Sewer Expense $3,000
  • New Taxes Expense $3,165
  • Operating Expense $14,465
  • Gross Income $54,445
  • Net Operating Income $39,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,554

Year Built

Built in 1989

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 913171002
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 188.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 875.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Paved
  • Lot Size Sq Ft: 8082.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 54445.00
  • Gross Scheduled Income: 54445.00
  • Insurance Expense: 1050.00
  • Net Operating Income: 39980.00
  • 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
  • Operating Expense: 14465.00
  • Rent Control: No
  • Total Actual Rent: 5300.00
  • Total Expenses: 14465.00

Tax Info

  • New Taxes Expense: 3165.00
  • Tax Census Tract: 505.00
  • Tax Lot: 25
  • Tax Tract Number: 4476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Carrera Carlos Camarena and Carrera Claudia Veroni
Bought by
Cva Rental Properties Llc
Current Estimated Value
$1,209,615

Purchase Details

Closed on
Nov 22, 2021
Sold by
Cva Rental Properties Llc
Bought by
Carrera Carlos C and Carrera Claudia V

Purchase Details

Closed on
Mar 2, 2020
Sold by
Carrera Carlos Camarena and Carrera Claudia
Bought by
Cva Rental Properties Llc

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 11, 2018
Sold by
Pal Dharam and Pal Vijay
Bought by
Camarena Carrera Carlos and Carrera Claudia Veronica
Seller's Agent
Anna Rodriguez
Momentum Realty
Buyer's Agent
Susana Franco
GOLDEN EAGLE PROPERTIES
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$435,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Dec 10, 2003
Sold by
Roeschlein John
Bought by
Pal Dharam and Pal Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 1998
Sold by
Roeschlein Katrina
Bought by
Roeschlein John

Purchase Details

Closed on
May 1, 1998
Sold by
Lincoln Trust Company
Bought by
Roeschlein John

Purchase Details

Closed on
Oct 7, 1996
Sold by
Egizi Donald P and Egizi Katharyn Katharyn
Bought by
Lincoln Trust Company
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
Cva Rental Properties Llc -- None Listed On Document
Carrera Carlos C -- Wfg Title Company
Cva Rental Properties Llc -- Accommodation
Camarena Carrera Carlos $735,000 Fidelity National Title
Pal Dharam -- None Available
Pal Dharam $450,000 Fidelity National Title
Roeschlein John -- Chicago Title Co
Roeschlein John $179,000 Chicago Title Co
Lincoln Trust Company $137,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camarena Carrera Carlos $435,000
Previous Owner Pal Dharam $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $735,000 -2.0% $188 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $750,000 -- $192 / 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 $12,554 $1,114,267 $389,993 $724,274
2023 $12,554 $1,071,000 $374,850 $696,150
2022 $9,351 $772,613 $131,396 $641,217
2021 $9,183 $757,465 $128,820 $628,645
2020 $9,094 $749,700 $127,500 $622,200
2019 $8,927 $735,000 $125,000 $610,000
2018 $6,959 $562,289 $112,453 $449,836
2017 $6,869 $551,265 $110,249 $441,016
2016 $6,783 $540,457 $108,088 $432,369
2015 $6,573 $520,000 $130,000 $390,000
2014 $4,823 $380,000 $100,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18150458

California Regional Multiple Listing Service (CRMLS)

APN: 913-171-002