NOT LISTED FOR SALE

29681 Desert Terrace Dr Menifee, CA 92584

Menifee Lakes Neighborhood

Estimated Value: $518,462 - $550,000

3 Beds
2 Baths
1,488 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $276,000 $185 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,152/month

Highlights

  • Active Adult
  • Mountain View
  • Central Heating and Cooling System
  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • 5-minute walk to Desert Green Park

About This Home

As of May 2015

Bring your fussiest buyers to this beautiful single story in desirable area. This home offers you 3 spacious bedrooms, 2 bath, 1,488 square feet, large living room open to kitchen and dining room, tile floors, neutral colors, open floor plan, 3rd bedroom is being used as office w/built in desk, covered patio, low tax area, low HOA, close to shopping centers and freeway access. This home won’t disappoint!

Last Agent to Sell the Property

Lisa Mendoza

Realty ONE Group Southwest License #01769753 Listed on: 03/24/2015

Realty ONE Group Southwest

Last Buyer's Agent

Randy Horton

NON-MEMBER/NBA or BTERM OFFICE License #01880186

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1998

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 25287
  • Assessor Parcel Number 340150006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,966

Year Built

Built in 1998

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Spa
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 340150006
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1488.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 185.48
  • Room Type: Living Room, Master Suite

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 25.00
  • Association Fee Frequency: Quarterly
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 25287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Salazar Lenin G and Salazar Martha Verenize
Bought by
Salazar Lenin G
Current Estimated Value
$536,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$457,055
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$79,311

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 10, 2015
Sold by
Travieso Denni
Bought by
Silva Jose
Seller's Agent
Lisa Mendoza
Realty ONE Group Southwest
Buyer's Agent
Randy Horton
NON-MEMBER/NBA or BTERM OFFICE
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$281,934
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 3, 2015
Sold by
Silva Jose and Silva Jose
Bought by
Salazar Lenin G and Salazar Martha Verenize
Seller's Agent
Lisa Mendoza
Realty ONE Group Southwest
Buyer's Agent
Randy Horton
NON-MEMBER/NBA or BTERM OFFICE
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,934
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Apr 21, 2010
Sold by
Silva Maria
Bought by
Silva Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2010
Sold by
Clark Michael E and Haythorn Shelley L
Bought by
Silva Jose and Silva Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2006
Sold by
Clark Michael E and Haythorn Shelley
Bought by
Clark Michael E and Haythorn Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Haythorn Shelley L and Clark Michael E
Bought by
Clark Michael E and Haythorn Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2003
Sold by
Tarica Ralph and Tarica Melody D
Bought by
Haythorn Shelly L and Clark Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1998
Sold by
Diamond Brothers Seven Llc
Bought by
Tarica Ralph and Tarica Melody D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
6.61%
Mortgage Type
VA
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
Salazar Lenin G -- Amrock
Silva Jose -- Priority Title
Salazar Lenin G $276,000 Priority Title
Silva Jose -- Nations Title Company Of Ca
Silva Jose $165,000 Nations Title Company Of Ca
Clark Michael E -- United Title Company
Clark Michael E -- Chicago Title Co
Haythorn Shelly L $263,000 --
Tarica Ralph $135,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Lenin G $468,000
Previous Owner Salazar Lenin G $281,934
Previous Owner Silva Jose $162,011
Previous Owner Clark Michael E $308,800
Previous Owner Clark Michael E $319,500
Previous Owner Haythorn Shelly L $263,000
Previous Owner Tarica Ralph $139,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2015 05/04/15 Sold $276,000 +0.4% $185 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $275,000 -- $185 / 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 $3,966 $331,700 $96,141 $235,559
2023 $3,966 $318,821 $92,408 $226,413
2022 $3,941 $312,571 $90,597 $221,974
2021 $3,873 $306,443 $88,821 $217,622
2020 $3,809 $303,302 $87,911 $215,391
2019 $3,721 $297,356 $86,188 $211,168
2018 $3,568 $291,527 $84,500 $207,027
2017 $3,509 $285,812 $82,844 $202,968
2016 $3,380 $280,209 $81,220 $198,989
2015 $2,314 $177,208 $64,438 $112,770
2014 $2,257 $173,739 $63,177 $110,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15061281

California Regional Multiple Listing Service (CRMLS)

APN: 340-150-006