NOT LISTED FOR SALE

Estimated Value: $546,000 - $564,000

5 Beds
2.5 Baths
2,285 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $545,000 $239 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,626/month

18 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • Neighborhood Views
  • Rancho Verde High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2023

Welcome to 303 Bright Way in the city of Perris! This nice two-story home offers 4 bedrooms and 3 baths along with a good size bonus room that is ideal for those who work from home. Amply sized living room with fireplace. The backyard features a paved back patio space perfect for family gatherings. Conveniently located near schools, shopping centers, parks, restaurants and less than 5 minutes away from the freeway. Don't miss out on this amazing opportunity! No HOA!

Last Agent to Sell the Property

Ramon Mendez

Professional Realty License #01202382 Listed on: 11/02/2023

Last Buyer's Agent

Maria Leon

Excellence RE Real Estate License #01447706

Excellence RE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 2003

Lot Details

  • 3,920 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Loft
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Schools

  • Val Verde Elementary School
  • Lakeside Middle School
  • Rancho Verde High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 30144
  • Assessor Parcel Number 320063005
  • $1,873 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,057

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 320063005
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2285.00 Square Feet
  • Stories: 2
  • Entry Location: Left Side
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 238.51
  • Room Type: Living Room, Loft, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Val Verde
  • Elementary School: Val Verde
  • Middle School: Lakeside
  • High School: Rancho Verde
  • Elementary School: Val Verde
  • High School: Rancho Verde
  • Middle Or Junior School: Lakeside
  • Elementary School #2: VALVER
  • High School2: RANVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 426.31
  • Tax Lot: 51
  • Tax Tract Number: 30144
  • TaxOtherAnnualAssessmentAmount: 1873.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Nov 30, 2023
Sold by
Melendrez Jose Luis and Concepcion Del
Bought by
Pluma Vanessa and Bello Ariel
Seller's Agent
Ramon Mendez
Professional Realty
Buyer's Agent
Maria Leon
Excellence RE Real Estate
List Price
$529,900
Sold Price
$545,000
Premium/Discount to List
$15,100
2.85%
Views
52
Current Estimated Value
$555,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,230
Avg. Annual Appreciation
1.06%
Original Mortgage
$535,128
Outstanding Balance
$526,143
Interest Rate
7.44%
Mortgage Type
FHA
Estimated Equity
$29,087

Purchase Details

Closed on
Apr 17, 2013
Sold by
Melendrez Jose Luis and Melendrez Korina Del Rosario
Bought by
Melendrez Jose Luis and Melendrez Concepcion Del Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,694
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2010
Sold by
Guzman Delmira
Bought by
Melendrez Jose Luis and Melendrez Korina Del Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Melendrez Concepcion
Bought by
Melendrez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2009
Sold by
Guzman Delmira
Bought by
Guzman Delmira and Guzman Family Trust

Purchase Details

Closed on
Jul 6, 2005
Sold by
Guzman Delmira and Guzman Guillermo
Bought by
Guzman Delmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Willowbrook Residential Llc
Bought by
Guzman Delmira and Guzman Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,800
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pluma Vanessa $545,000 Ticor Title
Melendrez Jose Luis -- Wfg Title Company
Melendrez Jose Luis $145,000 Multiple
Melendrez Jose Luis -- Multiple
Guzman Delmira -- None Available
Guzman Delmira -- Fidelity Title
Guzman Delmira $193,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pluma Vanessa $535,128
Previous Owner Melendrez Jose Luis $138,694
Previous Owner Melendrez Jose Luis $142,373
Previous Owner Guzman Delmira $318,750
Previous Owner Guzman Delmira $173,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $545,000 +2.8% $239 / Sq Ft
11/02/2023 11/02/23 For Sale $529,900 -- $232 / 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 $8,057 $555,899 $166,768 $389,131
2023 $8,057 $205,341 $57,071 $148,270
2022 $4,137 $201,315 $55,952 $145,363
2021 $4,082 $197,368 $54,855 $142,513
2020 $4,031 $195,345 $54,293 $141,052
2019 $3,889 $191,516 $53,229 $138,287
2018 $3,811 $187,762 $52,187 $135,575
2017 $3,746 $184,081 $51,164 $132,917
2016 $3,712 $180,472 $50,161 $130,311
2015 $3,704 $177,762 $49,408 $128,354
2014 $3,722 $174,282 $48,441 $125,841
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23204506

California Regional Multiple Listing Service (CRMLS)

APN: 320-063-005