NOT LISTED FOR SALE

Estimated Value: $647,000 - $697,000

4 Beds
2.5 Baths
2,480 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $336,490 $136 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,430/month

101 Days on Market

Highlights

  • Private Pool
  • Corner Lot
  • Den
  • Loft
  • Granite Countertops
  • 4-minute walk to Spirit park

About This Home

As of November 2014

Brand new energy-efficient home ready for immediate move in! The Ortega features include den, great room, pocket office, stainless steel appliances, covered patio, built in cabinets, 2 car garage, select your flooring and much more! Meridian at Summerly offers the best of both worlds: small town charm and big city amenities. Focused on the things that matter most, Meridian is located in the Summerly master planned community which features boat dock, lake, parks, playgrounds, great schools and a future recreation center. Known for their energy efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

BARRY GRANT

MERITAGE HOMES License #01078820 Listed on: 07/01/2014

Last Buyer's Agent

Ricardo Acevedo

Acevedo Real Estate Professionals License #01812103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,671

Year Built

  • Built in 2014

Lot Details

  • 6,122 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Front Yard

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Interior Block Wall
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,480 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Panel Doors
  • Den
  • Loft
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

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

Home Security

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 31920
  • Assessor Parcel Number 371281026

Community Details

Overview

  • Walters Management Association, Phone Number (951) 226-7131
  • Built by Meritage Homes
  • Ortega 2480B

Amenities

  • Community Fire Pit
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,671

Year Built

Built in 2014

Lot Details

0

HOA Fees

$124 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 951-226-7131
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Meridian at Summerly
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 371281026
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2480.00
  • Interior Amenities: Built-in Features, Block Walls, Granite Counters, Recessed Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Levels: Two
  • Price Per Square Foot: 135.68
  • Room Type: All Bedrooms Up, Bonus Room, Den, Loft, Walk-In Pantry, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wood
  • Builder Name: Meritage Homes
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Community
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Oven, Microwave, Water Line to Refrigerator
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Fire Pit, Pool
  • Association Fee: 124.00
  • Association Fee Frequency: Monthly
  • Association Name: Walters Management
  • Phone: 951-226-7131
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Corner Lot
  • Lot Size Sq Ft: 6122.00
  • Lot Size Acres: 0.1410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6122.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 70
  • Tax Tract Number: 31920-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 5, 2014
Sold by
Meritage Homes Of California Inc
Bought by
Thomas Tyquan and Thomas Heidy
Seller's Agent
BARRY GRANT
MERITAGE HOMES
Buyer's Agent
Ricardo Acevedo
Acevedo Real Estate Professionals
List Price
$345,936
Sold Price
$336,490
Premium/Discount to List
-$9,446
-2.73%
Current Estimated Value
$663,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,503
Avg. Annual Appreciation
6.55%
Original Mortgage
$330,394
Outstanding Balance
$256,022
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$408,449

Purchase Details

Closed on
Feb 27, 2013
Sold by
Mcmillin Summerly Llc
Bought by
Meritage Homes Of California Inc
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
Thomas Tyquan $336,500 First American Title Company
Meritage Homes Of California Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Tyquan $330,394
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $336,490 -2.2% $136 / Sq Ft
11/03/2014 11/03/14 Price Changed $343,990 +4.1% $139 / Sq Ft
08/01/2014 08/01/14 Price Changed $330,387 -0.2% $133 / Sq Ft
07/14/2014 07/14/14 Price Changed $330,936 -4.3% $133 / Sq Ft
07/01/2014 07/01/14 For Sale $345,936 -- $139 / 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 $7,671 $700,666 $108,160 $592,506
2023 $7,671 $388,711 $103,961 $284,750
2022 $7,401 $381,090 $101,923 $279,167
2021 $7,298 $373,619 $99,925 $273,694
2020 $7,192 $369,789 $98,901 $270,888
2019 $7,052 $362,539 $96,962 $265,577
2018 $6,915 $355,431 $95,062 $260,369
2017 $6,735 $348,463 $93,199 $255,264
2016 $6,448 $341,631 $91,372 $250,259
2015 $6,379 $336,500 $90,000 $246,500
2014 $3,141 $28,467 $28,467 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14138674

California Regional Multiple Listing Service (CRMLS)

APN: 371-303-004