$400,000
SOLD MAR 22, 2016
4 Beds
3.5 Baths
2,551 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

9% Below List Price

66 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • High Ceiling
  • In Ground Pool
  • Loft
  • 3-minute walk to Spirit park

About This Home

As of November 2019

Never lived in former model now available! This Santiago features a spacious kitchen with large center island, pantry, 42" cabinets and shiny granite countertops with decorative custom backsplash, pendant lighting open to a huge Great room and Dining room, with upgraded flooring wood-like throughout and warming fireplace, perfect for entertaining or family fun time. The secluded Master suite has walk in closet and luxurious bath with soaking tub and separate shower with tile surround and upgraded tile flooring as well as his and hers sinks. The secondary bedrooms surround open loft area. Custom window covers and treatments throughout. Enjoy the incredible weather on your covered patio overlooking your professionally landscaped backyard. Truly a showplace to call home. 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 a community pool, 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: 11/12/2015

Last Buyer's Agent

BARRY GRANT

MERITAGE HOMES License #01078820 Listed on: 11/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,259

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 5,500 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Level Lot
  • Front Yard Sprinklers

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Spray Foam Insulation
  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,551 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Panel Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Loft

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • In Ground Pool
  • 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
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 31920
  • Assessor Parcel Number 371301003

Community Details

Overview

  • Walters Management Association, Phone Number (951) 226-7131
  • Built by Meritage Homes
  • Santiago 2551C

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,259

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-226-7131
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Firewall(s), Fire Sprinkler System, Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Meridian at Summerly
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 371301003
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2551.00
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Levels: Two
  • Price Per Square Foot: 156.80
  • Room Type: Den, Great Room, Loft, Walk-In Closet
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wood
  • Builder Name: Meritage Homes
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Concrete, Spray Foam Insulation

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool
  • Association Fee: 117.00
  • 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: Level, Landscaped, Level with Street, Planned Unit Development, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 5500.00
  • Price Per Lot Square Foot: 72.73
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 45
  • Tax Tract Number: 31920-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 12, 2019
Sold by
Medbery Jerett H
Bought by
Moses Omobolanle O
Seller's Agent
Kimberly Rehnquist
Redfin Corporation
Buyer's Agent
Ignacio Ibarra
Ennoble Realty
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$657,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,905
Avg. Annual Appreciation
8.36%
Original Mortgage
$407,483
Outstanding Balance
$355,649
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$301,944

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 23, 2019
Sold by
Wysowski Jacquelyn
Bought by
Medbery Jerett H
Seller's Agent
Kimberly Rehnquist
Redfin Corporation
Buyer's Agent
Ignacio Ibarra
Ennoble Realty
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Outstanding Balance
$355,649
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$301,944

Purchase Details

Listed on
Nov 12, 2015
Closed on
Mar 2, 2016
Sold by
Meritage Homes Of California Inc
Bought by
Medbery Jerett H
Seller's Agent
BARRY GRANT
MERITAGE HOMES
Buyer's Agent
BARRY GRANT
MERITAGE HOMES
List Price
$439,870
Sold Price
$400,000
Premium/Discount to List
-$39,870
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$400,000
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2013
Sold by
Mcmillin Summerly Llc
Bought by
Meritage Homes Of California Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $415,000 Ticor Title San Diego
Interfamily Deed Transfer -- Ticor Title San Diego
Grant Deed $400,000 First American Title Company
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $407,483 FHA
Previous Owner $418,764 VA
Previous Owner $399,279 VA
Previous Owner $400,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $415,000 -1.2% $162 / Sq Ft
09/25/2019 09/25/19 Price Changed $419,900 -1.2% $164 / Sq Ft
09/06/2019 09/06/19 For Sale $424,900 +6.2% $166 / Sq Ft
03/22/2016 03/22/16 Sold $400,000 -9.1% $157 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
11/17/2015 11/17/15 Price Changed $439,990 0.0% $172 / Sq Ft
11/12/2015 11/12/15 For Sale $439,870 -- $172 / 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 $8,259 $831,165 $76,553 $754,612
2023 $8,259 $436,236 $73,581 $362,655
2022 $7,971 $427,684 $72,139 $355,545
2021 $7,859 $419,299 $70,725 $348,574
2020 $7,747 $415,000 $70,000 $345,000
2019 $7,706 $424,482 $74,284 $350,198
2018 $7,555 $416,160 $72,828 $343,332
2017 $7,361 $408,000 $71,400 $336,600
2016 $5,937 $283,635 $29,931 $253,704
2015 $5,880 $279,378 $29,483 $249,895
2014 $5,625 $273,906 $28,906 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15245151

California Regional Multiple Listing Service (CRMLS)

APN: 371-301-003