NOT LISTED FOR SALE

29486 Desert Terrace Dr Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $611,000 - $684,626

5 Beds
3 Baths
2,504 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2022

Last sale price $650,000 $260 Per Sq Ft

Current estimated payment $4,136 / mo

8 Days on Market

Highlights

  • Heated Pool
  • Main Floor Bedroom
  • Neighborhood Views
  • Wood Flooring
  • Bonus Room
  • 4-minute walk to Desert Green Park

About This Home

As of April 2022

Stunning POOL Home in the Heart of Menifee, close to shopping, restaurants just off the 215 freeway with award winning schools, this home will leave you speechless. Located in a quaint neighborhood the Amazing curb appeal and charm welcomes with a darling front porch that leads into the grandiose entry lined with neutral Laminate flooring. An expansive Dining room connecting to the kitchen adorned with brand new Black stainless steel appliances with large Corian Island looking onto the family room with cozy fireplace is perfect for family get togethers and entertaining. You will notice the Bright and Airy windows throughout, a large slider opens up to the Daul Covered Patio, BBQ area and Solar Heated Pool perfect for California indoor outdoor living and Cannonballs! There is a Bedroom and Bathroom with shower downstairs perfect for guest or in laws. Upstairs you will find two well sized carpeted rooms that share a dual vanity bathroom with tub and one offset oversized room with spectacular lighting, wood plank flooring is perfect as a bonus or craft room. The owner's retreat will not disappoint you with a massive Bathroom, en suite soaking tub, stand up shower with bench seat and en suite. Whole house fan and Tesla Solar lease helps with electric bills. Flat Three car garage for easy parking. Extremely LOW HOAs. More professional pictures, videos coming soon. See previous listing for more interior photos.

Last Agent to Sell the Property

Julie Frakes

Coldwell Banker Assoc Brkr-SC License #01960608 Listed on: 03/03/2022

Coldwell Banker Assoc Brkr-SC

Last Buyer's Agent

Cesar Diaz

PONCE & PONCE REALTY, INC License #01966039

PONCE & PONCE REALTY, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Property is zoned SP ZONE

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated Pool
  • Waterfall Pool Feature
  • Solar Heated Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 252
  • Assessor Parcel Number 340171017
  • $361 per year additional tax assessments

Community Details

Overview

  • S&L Association, Phone Number (951) 698-4030
  • S&L Mgmt HOA

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

6,534 Sq Ft Lot

HOA Fees

$7 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Negotiable if any
  • Property Attached: No
  • View: Yes
  • Zoning: SP ZONE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340171017
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2504.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 259.58
  • Room Type: Bonus Room, Family Room, Formal Entry, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Heated, Solar Heat, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 7.00
  • Association Fee Frequency: Monthly
  • Association Name: S&L
  • Phone: 9516984030
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: S&L Mgmt

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.24
  • Tax Lot: 48
  • Tax Tract Number: 252...
  • TaxOtherAnnualAssessmentAmount: 361.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 12, 2022
Sold by
Madsen Cork E and Madsen Monicalynn
Bought by
Storm Jennifer Elizabeth and Storm Daniel
Seller's Agent
Julie Frakes
Coldwell Banker Assoc Brkr-SC
Buyer's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
List Price
$619,000
Sold Price
$650,000
Premium/Discount to List
$31,000
5.01%
Current Estimated Value
$649,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$284
Avg. Annual Appreciation
0.02%
Original Mortgage
$390,000
Outstanding Balance
$368,096
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$282,311

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 17, 2022
Sold by
Madsen Cork E and Madsen Monicalynn
Bought by
Storm Jennifer Elizabeth and Storm Daniel
Seller's Agent
Julie Frakes
Coldwell Banker Assoc Brkr-SC
Buyer's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
List Price
$619,000
Sold Price
$650,000
Premium/Discount to List
$31,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$368,096
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$282,311

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jul 16, 2019
Sold by
Anderson Shane
Bought by
Madsen Cork E and Madsen Monicalynn
Seller's Agent
Bob Russo
Realty Masters & Associates
Buyer's Agent
Julie Frakes
Coldwell Banker Assoc Brkr-SC
List Price
$449,999
Sold Price
$427,500
Premium/Discount to List
-$22,499
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Original Mortgage
$419,756
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2019
Sold by
Jetton Kathleen E
Bought by
Jetton Kathleen and The Kathleen Jetton Living Trust

Purchase Details

Closed on
Dec 15, 1999
Sold by
Diamond Brothers Seven Llc
Bought by
Jetton Donald R and Jetton Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,758
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Storm Jennifer Elizabeth $650,000 None Listed On Document
Storm Jennifer Elizabeth $650,000 None Listed On Document
Madsen Cork E $435,000 Lawyers Title
Jetton Kathleen -- None Available
Jetton Donald R $202,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storm Jennifer Elizabeth $390,000
Closed Storm Jennifer Elizabeth $390,000
Previous Owner Madsen Cork E $419,756
Previous Owner Jetton Donald R $106,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2022 04/12/22 Sold $650,000 0.0% $260 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/11/2022 03/11/22 Off Market $650,000 -- --
03/03/2022 03/03/22 For Sale $619,000 +44.8% $247 / Sq Ft
08/06/2019 08/06/19 Sold $427,500 -2.8% $171 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Price Changed $439,950 -2.2% $176 / Sq Ft
04/26/2019 04/26/19 For Sale $449,999 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,929 $689,784 $95,508 $594,276
2023 $7,929 $663,000 $91,800 $571,200
2022 $5,606 $448,295 $92,750 $355,545
2021 $5,509 $439,506 $90,932 $348,574
2020 $5,422 $435,000 $90,000 $345,000
2019 $3,801 $297,311 $48,211 $249,100
2018 $3,647 $291,482 $47,267 $244,215
2017 $3,588 $285,768 $46,341 $239,427
2016 $3,457 $280,166 $45,433 $234,733
2015 $3,409 $275,959 $44,751 $231,208
2014 $3,321 $270,555 $43,875 $226,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22032823

California Regional Multiple Listing Service (CRMLS)

APN: 340-171-017

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