NOT LISTED FOR SALE

Estimated Value: $611,371 - $637,000

3 Beds
2 Baths
2,090 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $400,000 $191 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,230/month

43 Days on Market

Highlights

  • Spa
  • Cul-De-Sac
  • Community Playground
  • Den
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of October 2018

Welcome to The Lakes! This lovely single story move-in ready home is located on a quiet cul de sac in a gated community. The home features 3 large bedrooms, a formal dining area and a large den that could easily be bedroom 4. The great room floor plan has a large open kitchen with island, upgraded cabinets, granite counters and stainless steel appliances that overlooks the family room with fireplace. The master suite is private, being on the opposite side of the home as the secondary bedrooms and has a separate tub and shower, dual vanity and large walk in closet. The front yard is almost no maintenance and the backyard is the perfect size for relaxing barbecues, or for kids and pets. With upgraded flooring, plantation shutters throughout, designer paint, and a community with a large lake, a huge pool, water slides, BBQ area, and gym, Falmer @ The Lakes is the place to be in Menifee. Come see this home today!

Last Agent to Sell the Property

Daniel Evans

California Home Pros License #01324544 Listed on: 07/29/2018

Last Buyer's Agent

Lisa Butterwegge

Century 21 Masters License #01376175

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,819

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 30422
  • Assessor Parcel Number 364370017

Community Details

Overview

  • The Lakes Association, Phone Number (877) 577-6462

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,819

Year Built

Built in 2016

Lot Details

0

HOA Fees

$182 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 364370017
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2090.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 191.39
  • Room Type: All Bedrooms Down, Den, Family Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground
  • Association Fee: 182.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes
  • Phone: 877-577-6462
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Perris Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 6534.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.38
  • Tax Lot: 106
  • Tax Tract Number: 30422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2018
Closed on
Sep 12, 2018
Sold by
Kinsman Melvin R and Kinsman Tracy M
Bought by
Sheffield Thomas Allen and Sheffield Barbara Lynn
Seller's Agent
Daniel Evans
California Home Pros
Buyer's Agent
Lisa Butterwegge
Century 21 Masters
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Current Estimated Value
$623,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,343
Avg. Annual Appreciation
6.73%
Original Mortgage
$280,000
Outstanding Balance
$244,678
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$380,729

Purchase Details

Closed on
Sep 6, 2016
Sold by
Lennar Homes Of California Inc
Bought by
Kinsman Melvin R and Kinsman Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,738
Interest Rate
3.5%
Mortgage Type
FHA
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
Sheffield Thomas Allen $400,000 Ticor Title
Kinsman Melvin R $370,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheffield Thomas Allen $280,000
Previous Owner Kinsman Melvin R $362,738
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $400,000 0.0% $191 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $400,000 -2.4% $191 / Sq Ft
07/29/2018 07/29/18 For Sale $409,900 -- $196 / 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 $7,819 $446,204 $111,550 $334,654
2023 $7,819 $428,879 $107,219 $321,660
2022 $7,844 $420,470 $105,117 $315,353
2021 $7,838 $412,226 $103,056 $309,170
2020 $7,748 $408,000 $102,000 $306,000
2019 $7,646 $400,000 $100,000 $300,000
2018 $7,249 $377,388 $113,216 $264,172
2017 $7,164 $369,990 $110,997 $258,993
2016 $750 $19,312 $19,312 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18182830

California Regional Multiple Listing Service (CRMLS)

APN: 364-370-017