NOT LISTED FOR SALE

Estimated Value: $788,000 - $874,000

7 Beds
5 Baths
4,100 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $462,000 $113 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,441/month

23 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Main Floor Bedroom
  • Two Primary Bedrooms
  • Property is near a park
  • 3-minute walk to Spirit park

About This Home

As of March 2016

One of the largest floor plan with MULTI GEN (Guest/Maid's Quarters) home in Summerly! Upon entry, you'll notice the upgraded vinyl sheet floors that leads you to the formal dining room w/french doors and downstairs bedroom (with walk-in closet) and full bathroom. Gourmet kitchen features granite counters, walk-in pantry, extended cabinets and counters, Whirlpool stainless steel appliances (built-in 5 burner stove-top, double oven, microwave, dishwasher), and a generous-sized island w/plenty of room for bar stools. Kitchen opens to the spacious family room. Another hallway has 2 storage closets, office/den with french doors, and will take you to the 2 car garage. Upstairs with 2 master bedrooms (one with 2 walk-in closets, and bathroom w/dual sinks and separate shower/tub). 3 bedrooms down the hallway all have walk-in closets. Gain access to the Guest Suite from interior or exterior of the home...all with its own kitchenette, living room, laundry, and sliding door access to the backyard (no neighbors behind) that has artificial putting green and concrete patio that will save you money on water! Also save on electricity w/22 solar panels! Summerly community features a swim club, and park with splash zone. Close to shopping, restaurants, and 15FWY!

Last Agent to Sell the Property

Ray Lopez

eXp Realty of Southern California License #01883094 Listed on: 01/11/2016

eXp Realty of Southern California

Last Buyer's Agent

Justin Tye

Active Realty License #01728694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,227

Year Built

  • Built in 2014

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Tile Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Entryway
  • Family Room Off Kitchen
  • Home Office

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 31920
  • Assessor Parcel Number 371320028

Community Details

Overview

  • Summerly Association
  • Built by McMillin Homes

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,227

Year Built

Built in 2014

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Security System
  • Subdivision Name Other: Daybreak
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 371320028
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 4100.00
  • Interior Amenities: Granite Counters, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 7
  • Eating Area: Breakfast Counter / Bar, In Family Room, In Kitchen
  • Levels: Two
  • Price Per Square Foot: 112.68
  • Room Type: Den, Entry, Family Room, Master Bedroom, Main Floor Bedroom, Walk-In Pantry, Walk-In Closet, Office, Two Masters
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Canyon, Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Builder Name: McMillin Homes
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 117.00
  • Association Fee Frequency: Monthly
  • Association Name: Summerly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Park Nearby, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 58.92
  • Lot Size Acres: 0.1800

Multi Family

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

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 31920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 3, 2016
Sold by
New Adventurers Llc
Bought by
Silvas David M and Silvas Irene A
Seller's Agent
Ray Lopez
eXp Realty of Southern California
Buyer's Agent
Justin Tye
Active Realty
List Price
$465,000
Sold Price
$462,000
Premium/Discount to List
-$3,000
-0.65%
Current Estimated Value
$816,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,806
Avg. Annual Appreciation
6.40%
Original Mortgage
$362,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2014
Sold by
Mcmillin Daybreak Llc
Bought by
New Adventurers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2012
Sold by
Mcmillin Summerly Llc
Bought by
Mcmillin Daybreak Llc
Source: Public Records

Range of Values:

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Average Value
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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
Silvas David M $462,000 Landwood Title Company
New Adventurers Llc $429,000 First American Title
Mcmillin Daybreak Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvas David M $333,000
Closed Silvas David M $362,000
Previous Owner Mcmillin Daybreak Llc $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $462,000 -0.6% $113 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $465,000 -- $113 / 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 $10,227 $546,904 $82,861 $464,043
2023 $10,227 $525,670 $79,645 $446,025
2022 $9,868 $515,364 $78,084 $437,280
2021 $9,675 $505,259 $76,553 $428,706
2020 $9,606 $500,080 $75,769 $424,311
2019 $9,419 $490,276 $74,284 $415,992
2018 $9,235 $480,664 $72,828 $407,836
2017 $9,010 $471,240 $71,400 $399,840
2016 $8,478 $444,052 $93,196 $350,856
2015 $8,432 $437,385 $91,798 $345,587
2014 $4,233 $36,747 $36,747 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16005855

California Regional Multiple Listing Service (CRMLS)

APN: 371-320-028