NOT LISTED FOR SALE

Estimated Value: $1,101,681 - $1,267,000

10 Beds
8 Baths
3,450 Sq Ft
$70/mo HOA Fee

Last Sold January 20, 2021

Last sale price $800,000 $232 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,218/month

2 Days on Market

Highlights

  • Laundry Room
  • Accessible Parking
  • Sliding Doors
  • Buchanan Elementary School Rated A-
  • Tile Flooring
  • Landscaped

About This Home

As of January 2021

Investment Opportunity! Located in the heart of Murrieta, this 4plex is a must see! This 4plex includes three 2 BR/ 1.5BA units and one 3 BR/2 BA unit. Every unit has a 1 car garage and a parking space. These units rarely come on the market because very few exist in Murrieta & Temecula. Don't miss this!

Last Agent to Sell the Property

Tyson Robinson

Trillion Real Estate License #01701231 Listed on: 12/08/2020

Last Buyer's Agent

Tyson Robinson

Trillion Real Estate License #01701231 Listed on: 12/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,880

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Landscaped
  • Front Yard

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Cosmetic Repairs Needed
  • Tile Roof

Interior Spaces

  • 3,450 Sq Ft Home
  • Sliding Doors
  • Family Room
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 24
  • Tax Tract Number 4476
  • Assessor Parcel Number 913171001

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $650
  • Trash Expense $900
  • Water Sewer Expense $1,900
  • New Taxes Expense $5,000
  • Operating Expense $3,450
  • Gross Income $46,315

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,880

Year Built

Built in 1989

Lot Details

0

HOA Fees

$70 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Community Washer & Dryer, Stove Tops
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 1900.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 913171001
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Price Per Square Foot: 231.88
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 70.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 650.00
  • Gross Income: 46315.00
  • Gross Scheduled Income: 51835.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1000.00
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 11039.90
  • Rent Control: No
  • Total Actual Rent: 4340.00
  • Total Expenses: 3450.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 505.00
  • Tax Lot: 24
  • Tax Tract Number: 4476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 8, 2021
Sold by
Sandeep J Marasco Living Trust
Bought by
Gandhi Sandeep and Gandhi Purnima V
Seller's Agent
Tyson Robinson
Trillion Real Estate
Buyer's Agent
Tyson Robinson
Trillion Real Estate
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,202,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,420
Avg. Annual Appreciation
8.92%
Original Mortgage
$600,000
Outstanding Balance
$535,502
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$666,918

Purchase Details

Closed on
Nov 2, 2018
Sold by
Marasco Sandra Jo
Bought by
Marasco Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,900
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
Villa Mindy Jo and Marasco Mindy J
Bought by
Marasco Sandra Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,900
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Begakis Nick and Begakis Sapfo
Bought by
Marasco Sandra Jo and Marasco Mindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,400
Interest Rate
6.57%
Mortgage Type
Commercial
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gandhi Sandeep $800,000 Lawyers Title
Marasco Sandra J -- Accommodation
Marasco Sandra Jo -- Corinthian Title Company
Villa Mindy Jo -- Corinthian Title Company Inc
Marasco Sandra Jo $674,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Sandeep $600,000
Previous Owner Marasco Sandra Jo $442,900
Previous Owner Marasco Sandra Jo $505,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2021 01/20/21 Sold $800,000 0.0% $232 / Sq Ft
12/14/2020 12/14/20 Off Market $800,000 -- --
12/11/2020 12/11/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $799,900 0.0% $232 / Sq Ft
11/16/2020 11/16/20 Off Market $800,000 -- --
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 $9,880 $865,943 $259,782 $606,161
2023 $9,880 $832,320 $249,696 $582,624
2022 $9,845 $816,000 $244,800 $571,200
2021 $9,527 $787,668 $125,078 $662,590
2020 $9,435 $779,592 $123,796 $655,796
2019 $8,357 $793,615 $117,739 $675,876
2018 $8,277 $650,000 $175,000 $475,000
2017 $7,920 $650,000 $175,000 $475,000
2016 $7,389 $600,000 $150,000 $450,000
2015 $6,492 $520,000 $130,000 $390,000
2014 $4,744 $380,000 $100,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20236044

California Regional Multiple Listing Service (CRMLS)

APN: 913-171-001