NOT LISTED FOR SALE

28723 Calle Del Lago Murrieta, CA 92563

Murrieta Hot Springs Neighborhood

Estimated Value: $1,154,000 - $1,397,777

8 Beds
8 Baths
4,000 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $485,000 $121 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $7,416/month

56 Days on Market

Highlights

  • Cape Cod Architecture
  • Buchanan Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

FANTASTIC INVESTMENT FOR YOUR FUTURE!. 4 UNITS, COMPLETELY REHABBED IN 2010. FOUR 2 BED AND 2 BATH UNITS, WITH SPACIOUS FLOORPLANS, GARAGES AND AMPLE OFF STREET PARKING. CLOSE TO SHOPPING, AND FREEWAY ACCESS.

Last Agent to Sell the Property

Destry Johnson

BHHS Ranch & Coast Real Estate License #01136700 Listed on: 12/30/2012

BHHS Ranch & Coast Real Estate

Last Buyer's Agent

Destry Johnson

BHHS Ranch & Coast Real Estate License #01136700 Listed on: 12/30/2012

BHHS Ranch & Coast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,561

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 5,663

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • 4,000 Sq Ft Home
  • Cape Cod Architecture
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4476
  • Assessor Parcel Number 913204014

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $480
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $2,160
  • New Taxes Expense $3,300
  • Gross Income $150
  • Net Operating Income $36,498

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,561

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$60 per month

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Water Sewer Expenses: 2160.00
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 913204014
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 121.25

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Trash Expense: 1200.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Average2 Bed Area: 1000
  • Electric Expense: 480.00
  • Gross Income: 150.00
  • Gross Multiplier: 13.20
  • Gross Scheduled Income: 45450.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 36498.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 8952.00
  • Rent Control: No
  • Total Actual Rent: 3775.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Lot: 19
  • Tax Tract Number: 4476
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2012
Closed on
Jan 3, 2013
Sold by
Leone Michael D and Leone Cynthia R
Bought by
The Michael D Leone & Cynthia R Leone Li
Seller's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
Buyer's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
List Price
$599,900
Sold Price
$485,000
Premium/Discount to List
-$114,900
-19.15%
Current Estimated Value
$1,249,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,694
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Oct 16, 2012
Sold by
Golie Brian
Bought by
Leone Michael D and Leone Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2009
Sold by
Bank Of New York
Bought by
Golie Brian

Purchase Details

Closed on
Jan 15, 2009
Sold by
Taj Taj Raquel Carmen
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 30, 2005
Sold by
Scripps Bank
Bought by
Taj Taj Raquel Carmen Raquel Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 24, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Scripps Bank

Purchase Details

Closed on
Sep 19, 1996
Sold by
Gmac Mtg Corp Of Pa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 1996
Sold by
Maletta Crucey P
Bought by
Autore Umberto and Autore Rosana

Purchase Details

Closed on
Nov 10, 1993
Sold by
Autore Umberto and Autore Rosana
Bought by
Maletta Crucey P
Source: Public Records

Range of Values:

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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
The Michael D Leone & Cynthia R Leone Li -- None Available
Leone Michael D $485,000 Fidelity National Title Co
Golie Brian -- Landsafe Title
Bank Of New York $401,625 Landsafe Title
Taj Taj Raquel Carmen Raquel Carmen $805,000 First American Title Company
Scripps Bank $146,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation -- Continental Lawyers Title Co
Gmac Mtg Corp Of Pa $150,000 Continental Lawyers Title Co
Autore Umberto -- Fidelity National Title Ins
Maletta Crucey P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leone Michael D $363,750
Previous Owner Taj Taj Raquel Carmen Raquel Carmen $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $485,000 -19.2% $121 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $599,900 -- $150 / 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 $6,561 $558,314 $84,224 $474,090
2023 $6,561 $536,636 $80,954 $455,682
2022 $6,539 $526,115 $79,367 $446,748
2021 $6,424 $515,800 $77,811 $437,989
2020 $6,363 $510,512 $77,014 $433,498
2019 $6,249 $500,503 $75,504 $424,999
2018 $6,138 $490,690 $74,024 $416,666
2017 $6,059 $481,070 $72,573 $408,497
2016 $5,984 $471,638 $71,150 $400,488
2015 $5,925 $464,555 $70,082 $394,473
2014 $5,665 $455,457 $68,710 $386,747
Source: Public Records

Agents Affiliated with this Home

  • Destry Johnson

    Seller's Agent in 2012

    Destry Johnson

    BHHS Ranch & Coast Real Estate

    (951) 541-4852

    5 in this area

    186 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12104427

California Regional Multiple Listing Service (CRMLS)

APN: 913-204-014

California Riverside County Murrieta 92563 Murrieta Hot Springs

28723 Calle Del Lago, Murrieta, CA

This home is located at 28723 Calle Del Lago, Murrieta, CA 92563 since 30 December 2012 and is currently estimated at $1,249,694, approximately $312 per square foot. This property was built in 1986. 28723 Calle Del Lago is a home located in Riverside County with nearby schools including Buchanan Elementary School, Warm Springs Middle School, and Vista Murrieta High 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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