NOT LISTED FOR SALE

29004 Milky Way Menifee, CA 92586

Estimated Value: $657,681 - $723,000

4 Beds
3 Baths
2,858 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $439,990 $154 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,198/month

68 Days on Market

Highlights

  • Under Construction
  • RV Access or Parking
  • Mountain View
  • Rooftop Deck
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of August 2019

BRAND NEW, two-story home with potential for RV Access within Oak Hills II with NO HOA and ONLY a 1.4% tax rate (special assessments included) now available! The stucco is on and awaiting color and will be ready by the end of June(photos are of model). All selections can still be made! This home features a 26ftx10ft Covered Patio at NO ADDITIONAL COST, spacious open floor plan with 2,858 sq. ft. that includes 4 bedrooms plus a loft, 3 baths, island with a breakfast nook, wood cabinetry with over 60 CABINETS and DRAWERS in the kitchen alone, tremendous amount of storage space, a 2.5 car garage and a HUGE backyard (45ft. of backyard depth, 17ft. of side yard and sits on a 7,299 sq. ft. lot)! Delsa Homes has MULTIPLE standard options that would be upgrades with the other builders. For example, this home comes with Quartz counter-tops, marble bathroom vanities, whole home cooling fan, recessed lighting, dimmable light fixtures, double-sliding patio door, pre-wiring for ceiling fans in every room, tankless water heater and MANY MORE! The front yard is landscaped with drought resistant landscaping and a top of the line drip irrigation system. Energy Efficient? You bet, this home even has solar panels! Oak Hills II is situated within Menifee Union School District, one of the most prestigious districts in the area. Furthermore, it is also conveniently located right across the street from Ridgemoor Elementary, one of Menifee's best elementary schools. Come take a look BEFORE ITS GONE!

Last Agent to Sell the Property

Kamran Kashani

NON-MEMBER/NBA or BTERM OFFICE License #02023743 Listed on: 03/04/2019

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,766

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 7,299 Sq Ft Lot
  • Desert faces the front of the property
  • Vinyl Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 2,858 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Rooftop Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Ridgemoor Elementary School
  • Menifee Valley Middle School
  • Paloma Valley High School

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Delsa Homes

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 37102
  • Assessor Parcel Number 339153048

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,766

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office Phone
  • Other Phone Number: 951-529-9368
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Turnkey, Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 339153048
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2858.00 Square Feet
  • Interior Amenities: Attic Fan, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 153.95
  • Room Type: Entry, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Builder Name: Delsa Homes
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, RV Access/Parking, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Hot Water Circulator, Instant Hot Water, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Menifee Union
  • Elementary School: Ridgemoor
  • Middle School: Menifee Valley
  • High School: Paloma Valley
  • Elementary School: Ridgemoor
  • High School: Paloma Valley
  • Middle Or Junior School: Menifee Valley
  • Elementary School #2: RIDGEM
  • High School2: PALVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Desert Front, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Level, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Manual, Sprinklers Timer
  • Lot Size Sq Ft: 7299.00
  • Lot Size Acres: 0.1676
  • Latitude Manual: 33.69988700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7299.0000 Square Feet
  • Number Of Units In Community: 21
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 37102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jul 26, 2019
Sold by
Valley Ridgemore Lp
Bought by
Reyes Michael and Reyes Juanita
Seller's Agent
Kamran Kashani
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$444,990
Sold Price
$439,990
Premium/Discount to List
-$5,000
-1.12%
Current Estimated Value
$687,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,430
Avg. Annual Appreciation
7.44%
Original Mortgage
$432,020
Outstanding Balance
$379,145
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$308,275

Purchase Details

Closed on
Apr 23, 2018
Sold by
Ridgemore Investment Llc
Bought by
Valley Ridgemore Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,734,000
Interest Rate
4.45%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Reyes Michael $440,000 Fidelity National Title Co
Valley Ridgemore Lp -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Michael $432,020
Previous Owner Valley Ridgemore Lp $1,734,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $439,990 -1.1% $154 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $444,990 -- $156 / 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 $6,766 $481,189 $98,426 $382,763
2023 $6,766 $462,505 $94,605 $367,900
2022 $6,644 $453,437 $92,750 $360,687
2021 $6,588 $444,547 $90,932 $353,615
2020 $6,453 $439,990 $90,000 $349,990
2019 $1,419 $26,462 $26,462 $0
2018 $1,082 $25,944 $25,944 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19048323

California Regional Multiple Listing Service (CRMLS)

APN: 339-153-048