NOT LISTED FOR SALE

Estimated Value: $571,387 - $619,000

4 Beds
3 Baths
1,875 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $300,000 $160 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,490/month

Highlights

  • Lake Front
  • Wood Flooring
  • Breakfast Area or Nook
  • Private Pool
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of August 2014

LAKE FRONT 4-Bedroom HOME in Menifee Lakes with an open floor plan and large yard. Enjoy the amazing LAKE views from the Formal Dining Room, Living Room, Kitchen, breakfast nook, and Master Bedroom and Bathroom. One full bedroom with closet and full bathroom downstairs. ALL appliances included. Some new flooring, paint, fixtures, refinished cabinets, and more. PERFECTLY situated in the middle of the three leg meeting point of the lake for optimal views and a wonderful breeze. Lake is now private for residents only. Enjoy the association amenities including beach and swim club, water slide, pool, paddle boats, concerts in the park, and more. A 35 acre lake for fishing for residents. 2.5 Miles of Walking around the lake. Easy walk to shopping and extremely close to the 215 freeway access. Available now for a 1 year lease or more. $1795 per month with a $1900 security deposit. Pet considered with additional deposit. Thank you for looking.

Last Agent to Rent the Property

Chris Marple

VIP Realty Group License #01719697 Listed on: 06/28/2014

Last Renter's Agent

Chris Marple

VIP Realty Group License #01719697 Listed on: 06/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1990

Lot Details

  • 4,792 Sq Ft Lot
  • Lake Front

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Lake
  • Mountain

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,900
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Tax Lot 38
  • Tax Tract Number 22127
  • Assessor Parcel Number 364055006

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,469

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1900
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Oven/stove, Microwave, HOA
  • Property Attached: No
  • Subdivision Name Other: Menifee Lakes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 364055006
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1875.00
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 0.96
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Lake, Mountain(s)
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4792.0000 Square Feet
  • Rent Includes: Association Dues, Gardener
  • Waterfront Features: Lake Front

Tax Info

  • Tax Lot: 38
  • Tax Tract Number: 22127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 16, 2014
Sold by
Hong James Q and Sun Ling
Bought by
Hong Sun Family Trust
Seller's Agent
Lisa Mendoza
Realty ONE Group Southwest
Buyer's Agent
Chris Marple
VIP Realty Group
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$594,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,597
Avg. Annual Appreciation
6.16%
Original Mortgage
$225,000
Outstanding Balance
$69,053
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$525,544

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 1, 2014
Sold by
Petrusic Evelyn
Bought by
Hong James Qin and Sun Ling
Seller's Agent
Lisa Mendoza
Realty ONE Group Southwest
Buyer's Agent
Chris Marple
VIP Realty Group
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$69,053
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$525,544

Purchase Details

Closed on
Mar 27, 2003
Sold by
Petrusic Frank and Petrusic Evelyn
Bought by
Petrusic Frank and Petrusic Evelyn

Purchase Details

Closed on
Nov 8, 1996
Sold by
Petrusic Frank J and Petrusic Evelyn
Bought by
Petrusic Frank and Petrusic Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1996
Sold by
Yang James T and Yang Christine H
Bought by
Petrusic Frank J and Petrusic Evelyn
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
Hong Sun Family Trust -- Accommodation
Hong James Qin $300,000 Chicago Title
Petrusic Frank -- --
Petrusic Frank -- Old Republic Title Company
Petrusic Frank J $159,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong James Qin $225,000
Previous Owner Petrusic Frank $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2014 08/09/14 Rented $1,795 -5.3% --
07/10/2014 07/10/14 Under Contract -- -- --
06/28/2014 06/28/14 For Rent $1,895 0.0% --
05/23/2014 05/23/14 Sold $300,000 -1.5% $160 / Sq Ft View Prior Sale
04/18/2014 04/18/14 Pending -- -- --
03/21/2014 03/21/14 Price Changed $304,700 -1.7% $163 / Sq Ft
01/29/2014 01/29/14 For Sale $310,000 -- $165 / 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 $4,469 $367,746 $91,931 $275,815
2023 $4,469 $353,467 $88,362 $265,105
2022 $4,443 $346,537 $86,630 $259,907
2021 $4,368 $339,743 $84,932 $254,811
2020 $4,303 $336,261 $84,062 $252,199
2019 $4,207 $329,668 $82,414 $247,254
2018 $4,035 $323,205 $80,800 $242,405
2017 $3,970 $316,868 $79,216 $237,652
2016 $3,826 $310,656 $77,663 $232,993
2015 $3,773 $305,993 $76,498 $229,495
2014 $2,741 $222,097 $74,524 $147,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14136499

California Regional Multiple Listing Service (CRMLS)

APN: 364-055-006