NOT LISTED FOR SALE

28691 Calle Del Lago Murrieta, CA 92563

Murrieta Hot Springs Neighborhood

Estimated Value: $1,187,000 - $1,225,000

9 Beds
8 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $650,000

Est. 85% increase in value since last sale

Current estimated payment $7,123/month

21 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • 3-minute walk to Torrey Pines Park
  • Buchanan Elementary School Rated A-

About This Home

As of September 2016

This well maintained property is a great bread and butter investment. All rents and expenses shown are actual. Each unit has it's own garage, washer/dryer and air conditioner. There is upside to the rents. This property is well positioned for a new investor. Neighborhoods: Temecula Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: D Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Claudia Troisi

North San Diego County Association of REALTORS(r) License #00808551 Listed on: 05/31/2016

North San Diego County Association of REALTORS(r)

Last Buyer's Agent

Mike Tfenkejian

HomeSmart Realty West License #01821909

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,678

Year Built

  • Built in 1987

Lot Details

  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Additional Features

  • 2-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 913204009

Community Details

Overview

  • 4 Units
  • Murrieta East

Building Details

  • Net Operating Income $38,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,678

Year Built

Built in 1987

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • CapRate: 5.73
  • Park Name: Murrieta East
  • Subdivision Name Other: Out Of Area
  • Property Type: Residential Income
  • Parcel Number: 913204009
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Features: Sprinkler System

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 49465.00
  • Net Operating Income: 38705.00
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Carroll Michael Christopher
Bought by
Velazquez Daniel Ian and Velazquez Anne Gertrude
Current Estimated Value
$1,205,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 23, 2012
Closed on
Apr 15, 2013
Sold by
Carroll Michael C and Carroll Bernice
Bought by
Carroll Michael Christopher and Carroll Bernice
Seller's Agent
Stephen Hooper
Realty ONE Group Southwest
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$549,000
Sold Price
$494,000
Premium/Discount to List
-$55,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$366,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 23, 2012
Closed on
Mar 4, 2013
Sold by
Hilts David
Bought by
Carroll Michael C and Carroll Bernice
Seller's Agent
Stephen Hooper
Realty ONE Group Southwest
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$549,000
Sold Price
$494,000
Premium/Discount to List
-$55,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Hilts David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2007
Sold by
Ruiz Scott A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 22, 2005
Sold by
Savant Charles Anthony and Savant Ann Marie
Bought by
Ruiz Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Pack Brett and Rosetta Stephen
Bought by
Savant Charles Anthony and Savant Ann Marie

Purchase Details

Closed on
Feb 27, 1998
Sold by
Pack Brett
Bought by
Pack Brett and Rosetta Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,094
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1998
Sold by
Pack Brett and Rosetta Stephen
Bought by
Pack Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,094
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1996
Sold by
Pack Brett
Bought by
Pack Brett and Rosetta Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,240
Interest Rate
8.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1996
Sold by
Delapp Duncan P
Bought by
Pack Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,240
Interest Rate
8.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Velazquez Daniel Ian $650,000 California Title Company
Carroll Michael Christopher -- First American Title Company
Carroll Michael C $494,000 First American Title Company
Hilts David $590,000 First American Title Ins Co
Deutsche Bank National Trust Co $693,911 Landsafe Title
Ruiz Scott A $815,000 --
Savant Charles Anthony $202,500 Stewart Title Company
Pack Brett -- Stewart Title Company
Pack Brett -- American Title Co
Pack Brett -- Stewart Title
Pack Brett $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Daniel Ian $487,500
Previous Owner Carroll Michael C $366,000
Previous Owner Hilts David $390,000
Previous Owner Ruiz Scott A $652,000
Previous Owner Pack Brett $146,094
Previous Owner Pack Brett $147,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2016 09/02/16 Sold $650,000 0.0% --
06/21/2016 06/21/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $650,000 +31.6% --
04/12/2013 04/12/13 Sold $494,000 -10.0% $141 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $549,000 -- $157 / 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 $8,678 $754,375 $98,647 $655,728
2023 $8,678 $725,083 $94,817 $630,266
2022 $8,648 $710,866 $92,958 $617,908
2021 $8,494 $696,929 $91,136 $605,793
2020 $8,412 $689,784 $90,202 $599,582
2019 $8,257 $676,260 $88,434 $587,826
2018 $8,106 $663,000 $86,700 $576,300
2017 $8,000 $650,000 $85,000 $565,000
2016 $6,477 $513,872 $104,022 $409,850
2015 $6,412 $506,155 $102,460 $403,695
2014 $6,129 $496,242 $100,454 $395,788
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Claudia Troisi

    North San Diego County Association of REALTORS(r)

    Section Image

  • M

    Buyer's Agent in 2016

    Mike Tfenkejian

    HomeSmart Realty West

    (858) 354-0770

    2 Total Sales

    Mike Tfenkejian
    Section Image

  • S

    Seller's Agent in 2013

    Stephen Hooper

    Realty ONE Group Southwest

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    OUT OF AREA

    Section Image

  • B

    Buyer's Agent in 2013

    Brittany Lunney

    Elite Real Estate Group

    Section Image

  • B

    Buyer's Agent in 2013

    Bonnie Bayless

    Mammoth Sierra Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160029621

California Regional Multiple Listing Service (CRMLS)

APN: 913-204-009

California Riverside County Murrieta 92563 Murrieta Hot Springs

28691 Calle Del Lago, Murrieta, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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