NOT LISTED FOR SALE

Estimated Value: $575,000 - $637,000

3 Beds
2.5 Baths
1,901 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $400,000 $210 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,938/month

13 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • Community Lake
  • Spa
  • View of Hills
  • Clubhouse

About This Home

As of June 2019

Truly move in ready, turnkey home full of upgrades! This is a large single story home with an open floor plan! Home has recently been remodeled with brand new, wood look laminate floors throughout the common areas and the master bedroom. New carpet in the guest bedrooms. The entire house has been freshly repainted with a neutral paint! New 5" baseboards installed throughout the home. Large, open kitchen with enormous center island! Perfect for entertaining! Master bedroom has a large walk in closet and an equally huge master bathroom with separate his and hers sinks and a makeup counter. Home sits on a corner lot with an extra long driveway and expansive landscaping. Property is located within The Lakes gated community in Menifee. This master planned community has three lakes with fishing, boating, and walking paths for residents to enjoy. The community club house also sports two pools, a water slide, spa, patio and grill areas, and a fitness center!

Last Agent to Sell the Property

Jonathan Petersen

Taravo Realty License #01858892 Listed on: 04/17/2019

Last Buyer's Agent

Richard Stern

TCB Real Estate Services License #01017859

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Views of Hills
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Menifee Elementary And Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 259
  • Tax Tract Number 26127
  • Assessor Parcel Number 364290037

Community Details

Overview

  • The Lakes Community Association, Phone Number (949) 833-2600
  • Keystone Pacific Property Management HOA
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$182 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 364290037
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1901.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 210.42
  • Room Type: All Bedrooms Down, Family Room, Jack & Jill, Kitchen, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Community

Exterior Features

  • View: Hills
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Clubhouse, Recreation Room
  • Association Fee: 182.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes Community Association
  • Phone: (949) 833-2600
  • Senior Community: No
  • Community Features: Curbs, Fishing, Lake, Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone Pacific Property Management

Schools

  • Elementary School: Menifee
  • Middle Or Junior School: Menifee
  • Elementary School #2: MENIFE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.38
  • Tax Lot: 259
  • Tax Tract Number: 026127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Velez Victor A
Bought by
Velez Victor Armando and Larios Rocio
Current Estimated Value
$598,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$384,857
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$218,759

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 17, 2019
Sold by
Larios Rocio
Bought by
Velez Victor A
Seller's Agent
Jonathan Petersen
Taravo Realty
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$360,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 7, 2019
Sold by
Sancisi Michele C
Bought by
Velez Victor A
Seller's Agent
Jonathan Petersen
Taravo Realty
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2016
Closed on
Apr 13, 2016
Sold by
Fontes Karen L
Bought by
Sancisi Michelle C
Seller's Agent
Leah Lord
Lodestone Real Estate
Buyer's Agent
Maggie Rogan
Rogan and Associates
List Price
$318,000
Sold Price
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$135,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2013
Sold by
Centex Homes
Bought by
Fontes Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,750
Interest Rate
4.37%
Mortgage Type
FHA
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
Velez Victor Armando -- Orange Coast Title
Velez Victor A -- First American Title
Velez Victor A $400,000 First American Title
Sancisi Michelle C $318,000 First American Title Company
Fontes Karen L $308,500 First American Title Co Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Victor Armando $420,000
Closed Velez Victor A $360,000
Previous Owner Sancisi Michelle C $135,000
Previous Owner Fontes Karen L $302,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2019 06/10/19 Sold $400,000 0.0% $210 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $399,900 +25.8% $210 / Sq Ft
05/04/2016 05/04/16 Sold $318,000 0.0% $167 / Sq Ft View Prior Sale
04/10/2016 04/10/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $318,000 0.0% $167 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $318,000 -- $167 / 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 $7,786 $450,782 $111,550 $339,232
2023 $7,786 $428,879 $107,219 $321,660
2022 $7,712 $420,470 $105,117 $315,353
2021 $7,702 $412,226 $103,056 $309,170
2020 $7,681 $408,000 $102,000 $306,000
2019 $6,819 $337,463 $101,239 $236,224
2018 $6,601 $330,847 $99,254 $231,593
2017 $6,543 $324,360 $97,308 $227,052
2016 $6,462 $319,460 $67,308 $252,152
2015 $6,641 $314,663 $66,298 $248,365
2014 $6,329 $308,500 $65,000 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19087096

California Regional Multiple Listing Service (CRMLS)

APN: 364-290-037