NOT LISTED FOR SALE

28823 Loretta Ave Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $854,000 - $1,018,000

5 Beds
3 Baths
2,060 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $635,000 $308 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,680/month

17 Days on Market

Highlights

  • RV Garage
  • 199,069 Sq Ft lot
  • Outdoor Fireplace
  • All Bedrooms Downstairs
  • View of Hills
  • No HOA

About This Home

As of August 2016

THIS KIND OF PROPERTY RARELY COMES ON THE MARKET!! CUSTOM BUILT SINGLE STORY ON 4.5 ACRES WHICH IS FLAT AND USEABLE!!
SINGLE STORY HOME HAS OPEN FLOOR PLAN WITH FAMILY ROOM OFF OF KITCHEN. KITCHEN HAS CUSTOM CONCRETE COUNTER TOPS AND HAS BACK PATIO DOOR THAT OPENS UP TO A CUSTOM CONCRETE COVERED SPACIOUS PATIO WITH A FIREPLACE. AREA WAS ORIGINALLY DESIGNED FOR POSSIBLE ADDITIONAL ENCLOSURE. GARAGE WHICH IS ATTACHED TO THE HOME HAS A WALL UP THAT SEPARATES GARAGE AREA. PRESENTLY IS 2 CAR GARAGE ON EACH SIDE.
PLENTY OF ROOM FOR HORSES, TOYS, TRAILS, BARN, POOL OR WHATEVER YOUR IMAGINATION DESIRES! THERE IS AN ELECTRONIC GATED ENTRY AND 4 ACCESS GATES. RV PARKING AREA WITH HOOK UPS AND A DUMP STATION WHICH IS LOCATED RIGHT NEXT TO A VERY LARGE SEPARATE STORAGE STRUCTURE. STORAGE STRUCTURE HAS INDOOR RV PARKING, ADDITIONAL GARAGE SPACE, WORKSHOP AREA, AND A ROOM THAT HAS A BATHROOM W/SHOWER. CONVENIENTLY LOCATED TO SHOPPING, FREEWAY AND HOSPITAL.

Last Agent to Sell the Property

Adriana Burrus

Top Level Realty License #01405576 Listed on: 05/15/2016

Last Buyer's Agent

Adriana Burrus

Top Level Realty License #01405576 Listed on: 05/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,722

Year Built

  • Built in 2003

Lot Details

  • 4.57 Acre Lot
  • Rural Setting

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Circular Driveway
  • Automatic Gate
  • RV Garage

Interior Spaces

  • 2,060 Sq Ft Home
  • Fireplace
  • Views of Hills

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Utilities

  • Central Air
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 372120012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,722

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 372120012
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2060.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Outside
  • Levels: One
  • Price Per Square Foot: 308.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Hills
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, RV Garage, RV Hook-Ups
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 199069.00
  • Price Per Lot Square Foot: 3.19

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
28823 Loretta Ave Land Trust
Bought by
28823 Loretta Avenue Llc
Current Estimated Value
$934,176

Purchase Details

Closed on
Jun 23, 2022
Sold by
28823 Loretta Ave Land Trust
Bought by
28823 Loretta Ave Land Trust

Purchase Details

Closed on
Jun 16, 2022
Sold by
28823 Loretta Ave Land Trust
Bought by
28823 Loretta Ave Land Trust

Purchase Details

Closed on
Jan 29, 2021
Sold by
Alcharabi Nadra Rateb and Loretta Ave Land Trust
Bought by
Alcharabi Nadra Rateb and Loretta Ave Land Trust

Purchase Details

Closed on
Dec 29, 2020
Sold by
Abdin Wencent
Bought by
Alchabari Nadra and The 28823 Loretta Ave Land Tru

Purchase Details

Closed on
Jul 5, 2019
Sold by
Vencent Legacy Llc
Bought by
Abdin Vencent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2017
Sold by
Abdin Vencent and Sabounjian Lucie
Bought by
Vencent Lagacy Llc

Purchase Details

Listed on
May 15, 2016
Closed on
Aug 8, 2016
Sold by
Abdin Vencent
Bought by
Abdin Vencent and Sabounjian Lucie
Seller's Agent
Adriana Burrus
Top Level Realty
Buyer's Agent
Adriana Burrus
Top Level Realty
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2016
Closed on
Jul 12, 2016
Sold by
Holmes Michael E
Bought by
Abdin Vencent
Seller's Agent
Adriana Burrus
Top Level Realty
Buyer's Agent
Adriana Burrus
Top Level Realty
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2016
Closed on
Jul 8, 2016
Sold by
Holmes Michael E
Bought by
Michael E Holmes Trust #1
Seller's Agent
Adriana Burrus
Top Level Realty
Buyer's Agent
Adriana Burrus
Top Level Realty
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2014
Closed on
Sep 2, 2014
Sold by
Metheny Robert and Metheny Robin L
Bought by
Holmes Michael E
Seller's Agent
Chuck Whitehead
COLDWELL BANKER ASSOC BRKR/MUR
Buyer's Agent
Adriana Burrus
Top Level Realty
List Price
$729,900
Sold Price
$515,000
Premium/Discount to List
-$214,900
-29.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Jun 4, 2003
Sold by
Metheny Robert Leroy and Metheny Robin Lynn
Bought by
Metheny Robert and Metheny Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,150
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2002
Sold by
Price Paul
Bought by
Metheny Robert Leroy and Metheny Robin Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2002
Sold by
Metheny Robert Leroy and Metheny Robert
Bought by
Metheny Robert Leroy and Metheny Robin Lynn

Purchase Details

Closed on
Dec 7, 2000
Sold by
Hvp Holding Inc
Bought by
Price Paul and Metheny Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
28823 Loretta Avenue Llc -- --
28823 Loretta Ave Land Trust -- None Listed On Document
28823 Loretta Ave Land Trust -- None Listed On Document
Alcharabi Nadra Rateb -- None Available
Alchabari Nadra -- Accommodation
Abdin Vencent -- Lawyers Title Ie
Sabounjian Lucie -- Lawyers Title
Vencent Lagacy Llc -- None Available
Abdin Vencent -- Lawyers Title Company
Abdin Vencent $500,000 Lawyers Title Company
Michael E Holmes Trust #1 -- Lawyers Title
Holmes Michael E $515,000 Fidelity National Title
Metheny Robert -- Orange Coast Title Co
Metheny Robert Leroy -- Orange Coast Title Company
Metheny Robert Leroy -- --
Price Paul $89,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdin Vencent $200,000
Previous Owner Abdin Vencent $400,000
Previous Owner Metheny Robert $194,150
Previous Owner Price Paul $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $635,000 -0.6% $308 / Sq Ft
06/03/2016 06/03/16 For Sale $639,000 0.0% $310 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $639,000 +24.1% $310 / Sq Ft
09/16/2014 09/16/14 Sold $515,000 -2.8% $250 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
07/08/2014 07/08/14 Price Changed $529,900 -18.4% $257 / Sq Ft
05/21/2014 05/21/14 Price Changed $649,000 -7.2% $315 / Sq Ft
05/19/2014 05/19/14 Price Changed $699,000 -4.2% $339 / Sq Ft
03/17/2014 03/17/14 For Sale $729,900 -- $354 / 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 $8,722 $580,287 $185,692 $394,595
2023 $8,722 $660,654 $78,030 $582,624
2022 $7,989 $647,700 $76,500 $571,200
2021 $7,033 $565,801 $161,657 $404,144
2020 $6,931 $560,000 $160,000 $400,000
2019 $6,454 $520,200 $166,464 $353,736
2018 $6,178 $510,000 $163,200 $346,800
2017 $6,069 $500,000 $160,000 $340,000
2016 $6,198 $522,853 $157,363 $365,490
2015 $6,103 $515,000 $155,000 $360,000
2014 $5,471 $463,000 $154,000 $309,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adriana Burrus

    Top Level Realty

    (951) 551-9040

    1 in this area

    21 Total Sales

    Adriana Burrus
    Section Image
  • Chuck Whitehead

    Seller's Agent in 2014

    Chuck Whitehead

    COLDWELL BANKER ASSOC BRKR/MUR

    (951) 237-7653

    1 Total Sale

    Chuck Whitehead
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16103562

California Regional Multiple Listing Service (CRMLS)

APN: 372-120-012

California Riverside County Menifee 92584 Menifee Lakes

28823 Loretta Ave, Menifee, CA

This home is located at 28823 Loretta Ave, Menifee, CA 92584 since 15 May 2016 and is currently estimated at $934,176, approximately $453 per square foot. This property was built in 2003. 28823 Loretta Ave is a home located in Riverside County with nearby schools including Harvest Hill S.T.E.A.M. Academy, Bell Mountain Middle School, and Pinacate Middle 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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