NOT LISTED FOR SALE

2875 Magellan Ln Perris, CA 92571

Central Perris Neighborhood

Estimated Value: $566,000 - $604,000

4 Beds
3 Baths
2,427 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 2875 Magellan Ln, Perris, CA 92571 and is currently estimated at $587,888, approximately $242 per square foot. 2875 Magellan Ln is a home located in Riverside County with nearby schools including Sierra Vista Elementary School, Lakeside Middle School, and Rancho Verde High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Naidu Shiwani and Naidu Shalini
Bought by
Naidu Shobna and Naidu Shalendra
Current Estimated Value
$587,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,455
Outstanding Balance
$433,455
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$160,973

Purchase Details

Closed on
Mar 12, 2021
Sold by
Naidu Shiwani and Naidu Sri Nadan
Bought by
Naidu Shobna and Naidu Shalendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,926
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2017
Sold by
Naga Saras W and Nand Sakuntala
Bought by
Naidu Shiwani and Naidu Sri Nadan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2009
Sold by
Naga Anand
Bought by
Naga Saras W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2009
Sold by
Naidu Santamma
Bought by
Naidu Satya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2009
Sold by
Naidu Satya
Bought by
Naga Saras W and Nand Sakuntala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2007
Sold by
Naidu Shalendra
Bought by
Naidu Satya

Purchase Details

Closed on
Oct 7, 2006
Sold by
Naidu Satya
Bought by
Naidu Shalendra and Naidu Shoba

Purchase Details

Closed on
Aug 25, 2005
Sold by
Naidu Santamma
Bought by
Naidu Satya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 2005
Sold by
Diaz Steve
Bought by
Naidu Satya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 24, 2004
Sold by
Perris99 Wc Llc
Bought by
Diaz Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Naidu Shobna -- Provident Title
Naidu Shobna -- Wfg National Title
Naidu Shiwani $300,000 Lawyers Title
Naga Saras W -- Lawyers Title
Nand Sakuntala -- Lawyers Title
Naidu Satya -- Lawyers Title
Naidu Satya -- Lawyers Title
Naga Saras W $165,000 Lawyers Title
Naidu Satya -- None Available
Naidu Shalendra -- None Available
Naidu Satya -- Commonwealth Land Title Co
Naidu Satya $415,000 Commonwealth Land Title Co
Diaz Steve $336,000 Fidelity National Title Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naidu Shobna $433,455
Previous Owner Naidu Shobna $332,926
Previous Owner Naidu Shiwani $294,566
Previous Owner Naga Saras W $132,000
Previous Owner Naidu Satya $34,000
Previous Owner Naidu Satya $83,000
Previous Owner Naidu Satya $332,000
Previous Owner Diaz Steve $67,200
Previous Owner Diaz Steve $268,750
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 $7,531 $379,037 $77,430 $301,607
2023 $7,531 $364,321 $74,424 $289,897
2022 $7,189 $357,178 $72,965 $284,213
2021 $6,656 $315,352 $63,070 $252,282
2020 $6,610 $312,120 $62,424 $249,696
2019 $6,431 $306,000 $61,200 $244,800
2018 $5,079 $187,175 $34,027 $153,148
2017 $5,024 $183,506 $33,360 $150,146
2016 $5,022 $179,908 $32,706 $147,202
2015 $4,977 $177,208 $32,216 $144,992
2014 $4,984 $173,738 $31,586 $142,152
Source: Public Records

Map

California Riverside County Perris 92571 Central Perris

2875 Magellan Ln, Perris, CA

This home is located at 2875 Magellan Ln, Perris, CA 92571 and is currently estimated at $587,888, approximately $242 per square foot. 2875 Magellan Ln is a home located in Riverside County with nearby schools including Sierra Vista Elementary School, Lakeside Middle School, and Rancho Verde 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.

Nearby Homes