NOT LISTED FOR SALE

Estimated Value: $662,447 - $748,000

4 Beds
2.5 Baths
2,480 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $358,551 $145 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,442/month

71 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Green Roof
  • Under Construction
  • Open Floorplan
  • 4-minute walk to Spirit park

About This Home

As of March 2014

Brand New home to be built upon accepted offer. Buyer may choose interior decorator features. 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. Every home we build comes standard with incredibly energy-efficient homes that let you spend your money on better things than utility bills like Spray Foam Insulation, ENERGY STAR Appliances, ENERGY STAR programmable thermostat, Low E3 Vinyl Windows, SEER 14 HVAC, CFL Lighting and Fixtures, Weather Sensing Irrigation, Water Efficient Plumbing Fixtures and much more.

Last Agent to Sell the Property

BARRY GRANT

MERITAGE HOMES License #01078820 Listed on: 11/11/2013

Last Buyer's Agent

Cynthia Wyman

CENTURY 21 Affiliated License #01466283

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,414

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 6,931 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spray Foam Insulation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,480 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • 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

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 31920

Community Details

Overview

  • Summerly Association
  • Built by Meritage Homes
  • Ortega E

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,414

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$124 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Meridian at Summerly
  • View: No
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2480.00
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Levels: Two
  • Price Per Square Foot: 144.58
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: Association
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wood
  • Builder Name: Meritage Homes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Spray Foam Insulation, Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Golf Course, Pool, Spa/Hot Tub
  • Association Fee: 124.00
  • Association Fee Frequency: Monthly
  • Association Name: Summerly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Lake Elsinore Unified

Green Features

  • Efficiency: Appliances, Construction, Lighting, HVAC, Insulation, Roof, Thermostat, Windows, Water Heater

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers Drip System, Sprinklers In Front, Sprinkler System
  • Lot Size Sq Ft: 6931.00
  • Lot Size Acres: 0.1590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6931.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 31920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2013
Closed on
Feb 19, 2014
Sold by
Meritage Homes Of California Inc
Bought by
Garcia Israel and Garcia Angela Elefteria
Seller's Agent
BARRY GRANT
MERITAGE HOMES
Buyer's Agent
Cynthia Wyman
CENTURY 21 Affiliated
List Price
$329,490
Sold Price
$358,551
Premium/Discount to List
$29,061
8.82%
Current Estimated Value
$690,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,438
Avg. Annual Appreciation
5.92%
Original Mortgage
$369,083
Interest Rate
4.25%
Mortgage Type
VA

Purchase Details

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

Purchase Details

Closed on
Jun 3, 2010
Sold by
Malaga Lake Elsinore Ca and Resident Mission Resident
Bought by
Mcmillin Summerly Llc
Source: Public Records

Range of Values:

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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
Garcia Israel $359,000 First American Title Company
Meritage Homes Of California Inc -- None Available
Mcmillin Summerly Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Israel $457,000
Closed Garcia Israel $370,866
Closed Garcia Israel $369,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $358,551 +2.8% $145 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/09/2013 12/09/13 Price Changed $348,708 +5.8% $141 / Sq Ft
11/11/2013 11/11/13 For Sale $329,490 -- $133 / 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 $6,414 $452,970 $85,803 $367,167
2023 $6,414 $435,382 $82,472 $352,910
2022 $6,322 $426,846 $80,855 $345,991
2021 $6,159 $411,113 $79,270 $331,843
2020 $6,093 $406,899 $78,458 $328,441
2019 $5,986 $398,921 $76,920 $322,001
2018 $5,890 $391,100 $75,412 $315,688
2017 $5,743 $383,433 $73,934 $309,499
2016 $6,726 $375,916 $72,485 $303,431
2015 $6,610 $366,172 $71,398 $294,774
2014 $3,409 $53,906 $28,906 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13228941

California Regional Multiple Listing Service (CRMLS)

APN: 371-300-010