NOT LISTED FOR SALE

Estimated Value: $754,000 - $934,000

4 Beds
2 Baths
1,609 Sq Ft
$519/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $475,000 $295 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,056/month

8 Days on Market

Highlights

  • Horse Property
  • 1.25 Acre Lot
  • No HOA
  • RV Access or Parking
  • Mountain View
  • Covered Patio or Porch

About This Home

As of October 2015

You won't want to miss the opportunity to buy this beautiful property! Located in the very desirable community of J-Bar Ranch in Menifee, which features 1+ acre home sites that are equestrian friendly with riding trails. This ranch-style home is one of the most updated homes in the community and has recently been renovated to include stunning kitchen cabinets, granite counters, appliances, travertine flooring, custom baseboards, panel doors and new Milgard dual pane vinyl windows throughout. A fourth bedroom and office bring the square footage to over 1600. The backyard features a huge, over 900 square foot, permitted patio cover with a Bull BBQ island and sink that's perfect for entertaining. The 1.25 acre lot is flat and usable with plenty of space for your RV, boat, toys and equipment. There's already an RV dump, 48'x48' horse corral and large dog run on the property. One of the best features of this property is the massive permitted building that's perfect for most any of your needs. The approximately $80,000 permitted building provides close to 3200 square feet of floor area that includes a workshop, first floor room and two very large rooms upstairs. There's even rough plumbing installed for a bathroom. Hurry, this is an excellent buy!

Last Agent to Sell the Property

Michael Horan

Move Home Realty License #00944856 Listed on: 09/21/2015

Last Buyer's Agent

Michael Horan

Move Home Realty License #00944856 Listed on: 09/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1.25

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • RV Access or Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 1,609 Sq Ft Home
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Workshop
  • Stone Flooring
  • Mountain Views

Kitchen

  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Additional Features

  • 1.25 Acre Lot
  • Horse Property Improved

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7730
  • Assessor Parcel Number 388040004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,219

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 388040004
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1609.00
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 295.21
  • Room Type: Family Room, Master Bedroom, Workshop
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • View: Mountain(s)
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: RV Access/Parking, Workshop in Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Menifee Union

Lot Info

  • Lot Features: Horse Property Improved, Horse Property
  • Lot Size Sq Ft: 54450.00
  • Price Per Lot Square Foot: 8.72
  • Lot Size Acres: 1.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54450.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 7730-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2016
Sold by
Palko Justin
Bought by
Palko Justin D
Current Estimated Value
$834,459

Purchase Details

Listed on
Sep 21, 2015
Closed on
Oct 1, 2015
Sold by
Lauritson Ronald and Lauritson Cora
Bought by
Palko Justin
Seller's Agent
Michael Horan
Move Home Realty
Buyer's Agent
Michael Horan
Move Home Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$275,000
Outstanding Balance
$216,887
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$617,572

Purchase Details

Closed on
May 16, 2008
Sold by
The Bank Of New York
Bought by
Lauritson Ronald and Lauritson Cora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,669
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2006
Sold by
Fallore Natividad B
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 3, 2004
Sold by
Fallore Ronnie M
Bought by
Fallore Natividad B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Allsup Jeffrey S and Allsup Lola C
Bought by
Fallore Ronnie M and Fallore Natividad B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Johnston Nohemi O
Bought by
Allsup Jeffrey S and Allsup Lola C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,294
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1998
Sold by
Johnston Richard G
Bought by
Johnston Nohemi O

Purchase Details

Closed on
Sep 12, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Johnston Richard Graham and Johnston Nohemi O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,650
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1997
Sold by
Pff Bank & Trust
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 6, 1997
Sold by
Miller Dennis G and Miller Sandra J
Bought by
Pff Bank & Trust
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
Palko Justin D -- None Available
Palko Justin $475,000 First American Title
Lauritson Ronald $345,000 Landsafe Title Company
Bank Of New York $498,432 Landsafe Title
Fallore Natividad B -- Stewart Title Of California
Fallore Ronnie M $515,000 Stewart Title Guaranty
Allsup Jeffrey S $185,000 Stewart Title
Johnston Nohemi O -- --
Johnston Richard Graham $110,500 Stewart Title Company
Federal Home Loan Mortgage Corporation -- Chicago Title Insurance Co
Pff Bank & Trust $141,323 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palko Justin $275,000
Previous Owner Lauritson Ronald $330,312
Previous Owner Lauritson Ronald $344,764
Previous Owner Lauritson Ronald $339,669
Previous Owner Fallore Natividad B $39,000
Previous Owner Fallore Ronnie M $463,500
Previous Owner Allsup Jeffrey S $291,000
Previous Owner Allsup Jeffrey S $177,910
Previous Owner Allsup Jeffrey S $32,000
Previous Owner Allsup Jeffrey S $177,935
Previous Owner Allsup Jeffrey S $178,304
Previous Owner Allsup Jeffrey S $178,306
Previous Owner Allsup Jeffrey S $180,294
Previous Owner Johnston Richard Graham $104,650
Closed Fallore Ronnie M $25,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $475,000 -4.8% $295 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $499,000 -- $310 / 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 $6,219 $562,295 $124,295 $438,000
2023 $6,219 $540,462 $119,469 $420,993
2022 $6,178 $529,866 $117,127 $412,739
2021 $6,063 $519,478 $114,831 $404,647
2020 $5,956 $514,152 $113,654 $400,498
2019 $5,831 $504,072 $111,426 $392,646
2018 $5,571 $494,190 $109,242 $384,948
2017 $5,472 $484,500 $107,100 $377,400
2016 $5,252 $475,000 $105,000 $370,000
2015 $3,474 $308,000 $61,000 $247,000
2014 $3,441 $308,000 $61,000 $247,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15209267

California Regional Multiple Listing Service (CRMLS)

APN: 388-040-004