NOT LISTED FOR SALE

29431 Grechen Ln Menifee, CA 92585

Estimated Value: $313,000 - $544,000

2 Beds
1 Bath
528 Sq Ft
$808/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $320,000 $606 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,383/month

6 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • No HOA
  • Horse Property
  • Corner Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2024

PRICE TO SELL FAST! Great opportunity to own your land with a house with 2 bedrooms, 1 bathroom; and a second unit mobile home with 2 Beds and 2 Bath; Both do have utilities connected, with city water and a Septic tank; both are fixer-upper; Seller never occupied property. CASH only due to condition and septic needing repair or replacement. Both homes require repair and are being sold in their present "AS-IS" condition. Endless possibilities for expansion, horses, animals, trucks, and heavy equipment. Great opportunity for an investor to flip or one to make it their own. COME AND SEE THIS GREAT OPPORTUNITY! Low taxes and no HOA. This home is conveniently located near schools, shopping, dining, and more!

Last Agent to Sell the Property

Martha Andrade

KW Temecula License #02015807 Listed on: 12/04/2023

KW Temecula

Last Buyer's Agent

Martha Andrade

KW Temecula License #02015807 Listed on: 12/04/2023

KW Temecula

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 1.47 Acre Lot
  • Rural Setting
  • Corner Lot
  • Rectangular Lot
  • Property is zoned R-A-1

Parking

  • 2 Car Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Fixer Upper

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Propane Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 4 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Septic Type Unknown

Additional Features

  • Horse Property
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9
  • Assessor Parcel Number 327110009

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R-A-1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 327110009
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 528.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 606.06
  • Room Type: Kitchen

Exterior Features

  • Other Structures: Guest House
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Access/Parking, RV Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Laundry: Yes
  • Appliances: Propane Range
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Horse Property, Lot Over 40000 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 64033.20
  • Lot Size Acres: 1.4700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.4700 Acres
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 427.30
  • Tax Lot: 9
  • Tax Tract Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Dec 14, 2023
Sold by
Ruvalcaba Liliana
Bought by
Rodriguez Federico Rodriguez
Seller's Agent
Martha Andrade
KW Temecula
Buyer's Agent
Martha Andrade
KW Temecula
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Views
36
Current Estimated Value
$426,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,360
Avg. Annual Appreciation
15.60%
Original Mortgage
$120,000
Outstanding Balance
$117,899
Interest Rate
7.22%
Mortgage Type
Seller Take Back
Estimated Equity
$308,461

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 12, 2015
Sold by
Ruvalcaba Jose
Bought by
Ruvalcaba Liliana
Seller's Agent
Karol Curtis
THE CURTIS COMPANY
Buyer's Agent
MARIA AVILA
ALTICORE REALTY
List Price
$149,950
Sold Price
$145,000
Premium/Discount to List
-$4,950
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$72,500
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 11, 2015
Sold by
Parker John W and Parker Ethelind B
Bought by
Ruvalcaba Liliana
Seller's Agent
Karol Curtis
THE CURTIS COMPANY
Buyer's Agent
MARIA AVILA
ALTICORE REALTY
List Price
$149,950
Sold Price
$145,000
Premium/Discount to List
-$4,950
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 2004
Sold by
Parker John and Parker Ethelind B
Bought by
Parker John W and Parker Ethelind B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Federico Rodriguez $320,000 Fidelity National Title Compan
Ruvalcaba Liliana -- Ticor Title
Ruvalcaba Liliana $145,000 Ticor Title Co
Parker John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Federico Rodriguez $120,000
Previous Owner Ruvalcaba Liliana $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $320,000 -8.6% $606 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $350,000 +141.4% $663 / Sq Ft
04/01/2015 04/01/15 Sold $145,000 -3.3% $275 / Sq Ft View Prior Sale
03/08/2015 03/08/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $149,950 -- $284 / 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 $1,873 $326,400 $97,920 $228,480
2023 $1,873 $167,492 $57,756 $109,736
2022 $1,846 $164,209 $56,624 $107,585
2021 $1,810 $160,990 $55,514 $105,476
2020 $1,787 $159,340 $54,945 $104,395
2019 $1,748 $156,217 $53,868 $102,349
2018 $1,668 $153,155 $52,812 $100,343
2017 $1,642 $150,153 $51,777 $98,376
2016 $1,617 $147,210 $50,762 $96,448
2015 $731 $64,883 $47,587 $17,296
2014 $709 $63,613 $46,655 $16,958
Source: Public Records

Agents Affiliated with this Home

  • Martha Andrade

    Seller's Agent in 2024

    Martha Andrade

    KW Temecula

    (714) 504-3099

    1 in this area

    75 Total Sales

    Martha Andrade
    Section Image
  • Karol Curtis

    Seller's Agent in 2015

    Karol Curtis

    THE CURTIS COMPANY

    (951) 212-3012

    13 Total Sales

    Karol Curtis
    Section Image

  • M

    Buyer's Agent in 2015

    MARIA AVILA

    ALTICORE REALTY

    (951) 924-4292

    9 Total Sales

    MARIA AVILA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23219671

California Regional Multiple Listing Service (CRMLS)

APN: 327-110-009

California Riverside County Menifee 92585

29431 Grechen Ln, Menifee, CA

Not Listed for Sale

Detached

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