NOT LISTED FOR SALE

29507 Desert Terrace Dr Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $650,521 - $667,000

5 Beds
3 Baths
2,680 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $298,000 $111 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,842/month

23 Days on Market

Highlights

  • Private Pool
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Multi-Level Bedroom
  • Den
  • 4-minute walk to Desert Green Park

About This Home

As of September 2013

Spacious 5 bedroom Menifee home with ideal open floor plan including /bedroom downstairs, game room, kitchen open to family room, stainless steel appliances, double ovens, 4-burner gas cook-top, plantation shutters, double pane windows, 2 car garage, pool-sized yard with fruit trees and gazebo, new carpet, new paint, established neighborhood feeds to exemplary schools, lake, golf course with quick access to major highways and shopping.

Last Agent to Sell the Property

Sue K

HomeSmart, Evergreen Realty License #01264422 Listed on: 07/06/2013

HomeSmart, Evergreen Realty

Last Buyer's Agent

Sue K

HomeSmart, Evergreen Realty License #01264422 Listed on: 07/06/2013

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,417

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a highway

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Multi-Level Bedroom
  • Converted Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 25287
  • Assessor Parcel Number 340170003

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,417

Year Built

Built in 2000

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 949-433-1213
  • Property Attached: No
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340170003
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2680.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 111.19
  • Room Type: Converted Bedroom, Den, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Multi-Level Bedroom

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 30.00
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 25287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2017
Sold by
Fahim Nimet U and Fahim Sima Kakar
Bought by
Ne & Se Investment Group Llc
Current Estimated Value
$660,630

Purchase Details

Listed on
Jul 6, 2013
Closed on
Aug 2, 2013
Sold by
Nguyen Xuan Ky and Hashemi Seyed Hassan
Bought by
Fahim Nimet U and Fahim Sima Kakar
Seller's Agent
Sue K
HomeSmart, Evergreen Realty
Buyer's Agent
Sue K
HomeSmart, Evergreen Realty
List Price
$294,900
Sold Price
$298,000
Premium/Discount to List
$3,100
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$221,250
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2013
Closed on
Jun 20, 2013
Sold by
Fakharizadeh Mahdi and Fakharizadeh Jennifer M
Bought by
Nguyen Xuan Ky and Hashemi Seyed Hassan
Seller's Agent
Zara Azartash
HomeSmart, Evergreen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$190,000
Sold Price
$197,000
Premium/Discount to List
$7,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Fakharizadeh Mehdi and Fakharizadeh Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,699
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2007
Sold by
Rose James T and Rose Beth A
Bought by
Hsbc Bank Usa Na and Holders Of Nomura Home Equity Loan Inc A

Purchase Details

Closed on
Aug 25, 1999
Sold by
Diamond Brothers Seven Llc
Bought by
Rose James T and Rose Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,414
Interest Rate
10.5%
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
Ne & Se Investment Group Llc -- None Available
Fahim Nimet U $298,000 North American Title Company
Nguyen Xuan Ky $197,000 North American Title Co
Hashemi Seyed Hassan -- North American Title Co
Nguyen Xuan K -- North American Title Co
Fakharizadeh Mehdi $304,500 Fidelity National Title
Hsbc Bank Usa Na $461,081 None Available
Rose James T $217,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahim Nimet U $221,250
Previous Owner Fakharizadeh Mehdi $299,699
Previous Owner Rose James T $195,414
Closed Rose James T $10,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2013 09/03/13 Sold $298,000 +1.1% $111 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/06/2013 07/06/13 For Sale $294,900 +49.7% $110 / Sq Ft
06/29/2013 06/29/13 Sold $197,000 +3.7% $74 / Sq Ft View Prior Sale
05/25/2013 05/25/13 For Sale $190,000 0.0% $71 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $190,000 -3.6% $71 / Sq Ft
04/12/2013 04/12/13 Off Market $197,000 -- --
04/10/2013 04/10/13 For Sale $190,000 -- $71 / 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 $4,417 $365,293 $98,061 $267,232
2023 $4,417 $351,110 $94,254 $256,856
2022 $4,392 $344,226 $92,406 $251,820
2021 $4,317 $337,478 $90,595 $246,883
2020 $4,247 $334,019 $89,667 $244,352
2019 $4,152 $327,470 $87,909 $239,561
2018 $3,982 $321,050 $86,186 $234,864
2017 $3,917 $314,756 $84,497 $230,259
2016 $3,773 $308,586 $82,841 $225,745
2015 $3,720 $303,953 $81,598 $222,355
2014 $3,623 $298,000 $80,000 $218,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13130902

California Regional Multiple Listing Service (CRMLS)

APN: 340-170-003