NOT LISTED FOR SALE

Estimated Value: $804,000 - $990,000

4 Beds
2.5 Baths
2,450 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2016

Last sale price $460,000 $188 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,281 / mo

105 Days on Market

Highlights

  • Horse Property
  • 47,916 Sq Ft lot
  • No HOA
  • RV Access or Parking
  • Traditional Architecture
  • Enclosed Patio or Porch

About This Home

As of November 2016

Wow! Pack up your Horses, RV, Boat , Toy Hauler and move it over to this wonderful horse property. This 4 bedroom 3 bath home boasts 2,450 sq. ft. of living space with formal dining and living areas. This property sits in the heart of Menifee on over an acre of flat usable land in this Equestrian Community, which includes horse trails!! Located on a quiet Cul-de-Sac. Plenty of room for Pool, Horse Barn/Arena or business location etc. Original Owner, well maintained. LOW TAX no HOA, close to shopping, restaurants, and entertainment, easy freeway access, minutes from 215 freeway

Last Agent to Sell the Property

Christy Gibson

Coldwell Banker Realty License #01965599 Listed on: 07/01/2016

Coldwell Banker Realty

Last Buyer's Agent

Jill Pittman

Coldwell Banker Realty License #00814033

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Fire Rated Drywall
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Bar
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Horse Property
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 13057
  • Assessor Parcel Number 388060023

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1.1 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Washer / Dryer / Refrigerator
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 388060023
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2450.00 Square Feet
  • Interior Amenities: Bar, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 187.76
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Enclosed
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, RV Access/Parking, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater, Disposal, Instant Hot Water
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Horse Property, Level, Lot Over 40000 Sqft, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 47916.00
  • Price Per Lot Square Foot: 10.33

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 13057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Oct 20, 2016
Sold by
Palombi Roberta M
Bought by
Reeves Nick L and Fischer April M
Seller's Agent
Christy Gibson
Coldwell Banker Realty
Buyer's Agent
Jill Pittman
Coldwell Banker Realty
List Price
$535,000
Sold Price
$460,000
Premium/Discount to List
-$75,000
-14.02%
Current Estimated Value
$897,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,156
Avg. Annual Appreciation
7.38%
Original Mortgage
$391,000
Outstanding Balance
$313,559
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$583,597

Purchase Details

Closed on
Apr 1, 2015
Sold by
Palombi Roberta M
Bought by
Revo Palombi S and Revo Roberta

Purchase Details

Closed on
Sep 4, 2008
Sold by
Palombi S Henry and Palombi Roberta M
Bought by
S Henry & & Roberta M Palombi Revocable

Purchase Details

Closed on
Feb 17, 2006
Sold by
Palombi S Henry and Palombi Roberta M
Bought by
S Henry & Roberta M Palombi Revocable Tr

Purchase Details

Closed on
Jul 18, 2003
Sold by
Palombi S Henry and Palombi Roberta M
Bought by
S Henry & Roberta M Palombi Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Palombi Roberta M
Bought by
S Henry & Roberta M Palombi Revocable Tr

Purchase Details

Closed on
Aug 6, 2001
Sold by
Palombi S Henry
Bought by
S Henry & Roberta M Palombi Revocable Tr

Purchase Details

Closed on
Apr 3, 1998
Sold by
Palombi S Henry & Roberta M Trust
Bought by
Palombi S Henry and Palombi Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reeves Nick L $460,000 Fidelity National Title
Revo Palombi S -- None Available
S Henry & & Roberta M Palombi Revocable -- None Available
S Henry & Roberta M Palombi Revocable Tr -- None Available
S Henry & Roberta M Palombi Revocable Tr -- Southland Title Company
S Henry & Roberta M Palombi Revocable Tr -- --
S Henry & Roberta M Palombi Revocable Tr -- --
Palombi S Henry -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Nick L $391,000
Previous Owner S Henry & Roberta M Palombi Revocable Tr $150,000
Previous Owner Palombi S Henry $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $460,000 -4.2% $188 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/20/2016 09/20/16 Price Changed $480,000 -3.0% $196 / Sq Ft
08/12/2016 08/12/16 Price Changed $495,000 -7.5% $202 / Sq Ft
07/01/2016 07/01/16 For Sale $535,000 -- $218 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,903 $533,862 $121,858 $412,004
2023 $5,903 $513,133 $117,127 $396,006
2022 $5,863 $503,073 $114,831 $388,242
2021 $5,754 $493,210 $112,580 $380,630
2020 $5,653 $488,154 $111,426 $376,728
2019 $5,534 $478,584 $109,242 $369,342
2018 $5,288 $469,200 $107,100 $362,100
2017 $5,272 $460,000 $105,000 $355,000
2016 $2,860 $259,631 $48,495 $211,136
2015 $2,815 $255,732 $47,767 $207,965
2014 -- $250,725 $46,832 $203,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16142529

California Regional Multiple Listing Service (CRMLS)

APN: 388-060-023

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