NOT LISTED FOR SALE

Estimated Value: $619,000 - $682,000

3 Beds
2 Baths
2,090 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $665,000 $318 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,376/month

9 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Open Floorplan
  • Spa
  • Gated Community
  • 5-minute walk to Bristol Park

About This Home

As of March 2024

Welcome to your dream oasis in The Lakes, a prestigious gated community nestled in the heart of Menifee, California. Step into luxury as you enter this single-story home, perfectly situated on a corner lot for added privacy and curb appeal. With 3 bedrooms and 2 bathrooms, this residence offers a seamless blend of elegance and functionality. As you step inside, you're greeted by an inviting open floor plan with exquisite wood plank tile floors throughout, creating an ambiance of warmth. The spacious living room sets the stage for relaxation, complete with a fireplace, ideal for cozying up during chilly evenings. The heart of the home lies in the spacious kitchen, featuring a large island, stainless steel appliances, double oven, granite countertops, and a gas cooktop. Entertain with ease as the kitchen seamlessly flows into the dining area, offering the perfect space for hosting intimate gatherings or family meals. Off the kitchen, discover a versatile bonus room or den, providing endless possibilities for a home office, playroom, or an additional bedroom to suit your needs. Retreat to the primary suite, where the ensuite bathroom features a separate tub and shower, dual sink vanity, and a walk-in shower, offering a serene sanctuary to unwind after a long day. Two additional bedrooms and a secondary bathroom with a dual sink vanity ensure ample space for family or guests. Step outside to your own private paradise and backyard oasis. Lounge under the shade of the alumawood patio cover, equipped with built-in recessed lighting and dual ceiling fans, perfect for enjoying al fresco dining. Delight in the low-maintenance lifestyle with turf grass and savor the sweetness of homegrown fruit from the backyard's fruit trees. The Lakes community offers an unparalleled lifestyle enriched by its three lakes, parks, and walking trails. Residents enjoy an array of recreational amenities, including kayaking, boating, and fishing, while the Bay Club serves as a hub for fitness, leisure, and social gatherings. With its state-of-the-art facilities, including a fitness center, waterslides, swimming pools, spa, and grill/patio area, every day feels like a vacation. Don't miss the opportunity to make this extraordinary residence your new home sweet home. Schedule your private tour today.

Last Agent to Sell the Property

Kimberly Meeker

eXp Realty of California Inc Brokerage Phone: 951-234-2272 License #01789963 Listed on: 02/16/2024

eXp Realty of California Inc

Last Buyer's Agent

Alisa Morrison

Allison James Estates & Homes License #01860119

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Back and Front Yard

HOA Fees

  • $226 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Southshore Elementary School
  • Bell Mountain Middle School
  • Heritage High School

Additional Features

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

Listing and Financial Details

  • Tax Lot 194
  • Tax Tract Number 304
  • Assessor Parcel Number 364380057
  • $2,829 per year additional tax assessments

Community Details

Overview

  • The Lakes Menifee Association, Phone Number (951) 514-2777
  • Powestone HOA
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,451

Year Built

Built in 2015

Lot Details

0

HOA Fees

$226 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Backyard Fountain
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 364380057
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2090.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 318.18
  • Room Type: Bonus Room, Den, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Primary Bath, Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s), Neighborhood
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave
  • 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, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Gym/Ex Room, Clubhouse
  • Association Fee: 226.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes Menifee
  • Phone: (951) 514-2777
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Lake, Park, Sidewalks, Street Lights
  • Association Management: Powestone

Schools

  • School District: Menifee Union
  • Elementary School: Southshore
  • Middle School: Bell Mountain
  • High School: Heritage
  • Elementary School: Southshore
  • High School: Heritage
  • Middle Or Junior School: Bell Mountain
  • Elementary School #2: SSHOR
  • High School2: HERITA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lot 6500-9999, Park Nearby
  • 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 Lot: 194
  • Tax Tract Number: 304...
  • TaxOtherAnnualAssessmentAmount: 2829.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 12, 2024
Sold by
Lowther Family Trust
Bought by
Papale Michael and Papale Julia Lucia
Seller's Agent
Kimberly Meeker
eXp Realty of California Inc
Buyer's Agent
Alisa Morrison
Allison James Estates & Homes
List Price
$605,000
Sold Price
$665,000
Premium/Discount to List
$60,000
9.92%
Views
97
Current Estimated Value
$648,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,059
Avg. Annual Appreciation
-1.69%
Original Mortgage
$493,600
Outstanding Balance
$486,533
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$162,408

Purchase Details

Closed on
Oct 20, 2022
Sold by
Lowther James Gregory and Lowther Julia A
Bought by
Lowther Family Trust

Purchase Details

Closed on
Sep 21, 2015
Sold by
Lennar Homes Of California Inc
Bought by
Lowther James Gregory and Lowther Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,853
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Papale Michael $665,000 Ticor Title Company
Lowther Family Trust -- --
Lowther James Gregory $355,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papale Michael $493,600
Previous Owner Lowther James Gregory $318,468
Previous Owner Lowther James Gregory $348,853
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $665,000 +9.9% $318 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $605,000 -- $289 / 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 $7,451 $678,300 $203,490 $474,810
2023 $7,451 $404,253 $119,469 $284,784
2022 $7,430 $396,327 $117,127 $279,200
2021 $7,417 $388,557 $114,831 $273,726
2020 $7,332 $384,574 $113,654 $270,920
2019 $7,236 $377,034 $111,426 $265,608
2018 $7,108 $369,642 $109,242 $260,400
2017 $7,025 $362,395 $107,100 $255,295
2016 $6,855 $355,290 $105,000 $250,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24029878

California Regional Multiple Listing Service (CRMLS)

APN: 364-380-057