NOT LISTED FOR SALE

37616 Avenida la Cresta Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $1,744,000 - $2,026,000

5 Beds
3.5 Baths
3,908 Sq Ft
$470/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,325,000 $339 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,322/month

34 Days on Market

Highlights

  • Horse Property
  • In Ground Pool
  • 5 Acre Lot
  • Cole Canyon Elementary School Rated A-
  • Peek-A-Boo Views
  • Open Floorplan

About This Home

As of March 2021

Beautiful Home Located in the La Cresta Community. Step into the private gate of this amazing Equestrian property that features 5 bedrooms (main floor master bedroom), 3.5 bathrooms, 5,371 sq ft. As you enter the gate you will find a beautiful barn with 13 stalls automatic waterers , an arena approximately 100x200 with a draining system, tack room, round pen, hay Barn storage and wash rack with hot and cold. The home overlooks the estate as you enter the double doors you'll find a large living room with cathedral ceilings, cast stone fireplace, travertine flooring throughout. Formal dining room and a chefs kitchen with large island, Viking range, sub zero fridge, granite countertops and custom cabinets. Downstairs office with wall to wall custom woodwork and beautiful views. Master Bedroom with large walk in closet, soaking tub and double sinks. The backyard features a  beautiful pool and spa with a waterfall, built in BBQ grill and outdoor kitchen, tennis courts and much much more.

Last Agent to Sell the Property

Kristi Robles

Real Broker License #01856295 Listed on: 11/29/2020

Real Broker

Last Buyer's Agent

Val Ives

LPT Realty, Inc License #01370557

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,024

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R-A-5

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Property Views

  • Peek-A-Boo
  • Pasture
  • Hills

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,908 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Conventional Septic
  • Cable TV Available

Community Details

  • La Cresta Property Owners Assoc Association, Phone Number (888) 777-0000
  • Foothills

Listing and Financial Details

  • Legal Lot and Block B / 2
  • Assessor Parcel Number 929340002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,024

Year Built

Built in 2001

Lot Details

0

HOA Fees

$80 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-5
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 929340002
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3908.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Kitchen, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 339.05
  • Room Type: Family Room, Formal Entry, Galley Kitchen, Kitchen, Laundry, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters, Separate Tub And Shower, Soaking Tub, Walk-In Shower

Exterior Features

  • View: Hills, Pasture, Peek-A-Boo
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Association Name: La Cresta Property Owners Assoc
  • Phone: 888-777-0000
  • Senior Community: No
  • Community Features: Foothills
  • Association Management: La Cresta Property Owners Assoc

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 217800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 432.72
  • Tax Lot: B
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2020
Closed on
Mar 11, 2021
Sold by
Lemus Gina P
Bought by
Lemus Wagner A
Seller's Agent
Kristi Robles
Real Broker
Buyer's Agent
Val Ives
LPT Realty, Inc
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
Current Estimated Value
$1,794,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,195
Avg. Annual Appreciation
7.18%
Original Mortgage
$920,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2020
Closed on
Feb 5, 2021
Sold by
Chen Guangxin
Bought by
Lemus Wagner A
Seller's Agent
Kristi Robles
Real Broker
Buyer's Agent
Val Ives
LPT Realty, Inc
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 12, 2017
Sold by
Yan Huiqing
Bought by
Chen Guangxin
Seller's Agent
Sandra Peckinpah
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,499,000
Sold Price
$1,299,000
Premium/Discount to List
-$200,000
-13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Listed on
Apr 27, 2016
Closed on
Apr 28, 2017
Sold by
Montgomery Douglas Morrison and Montgomery Carrie May
Bought by
Chen Guangxin
Seller's Agent
Sandra Peckinpah
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,499,000
Sold Price
$1,299,000
Premium/Discount to List
-$200,000
-13.34%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Montgomery Douglas M and Montgomery Carrie
Bought by
Montgomery Douglas Morrison and Montgomery Carrie May

Purchase Details

Closed on
Apr 7, 2005
Sold by
Krogstad Janet
Bought by
Montgomery Douglas M and Montgomery Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 16, 2002
Sold by
William & Theresa Lewis Family Trust
Bought by
Lewis William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2001
Sold by
Lewis William E
Bought by
William & Theresa Lewis Family Trust

Purchase Details

Closed on
Aug 4, 1994
Sold by
Rahe Richard H and Rahe Nina Anne
Bought by
Lewis William E
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
Lemus Wagner A -- Fidelity National Title Co
Lemus Wagner A $1,315,000 Fidelity National Title Co
Chen Guangxin -- Equity Title Orange County I
Chen Guangxin $1,299,000 Equity Title Orange County I
Montgomery Douglas Morrison -- None Available
Montgomery Douglas M $1,275,000 Ticor Title
Lewis William E -- Fidelity National Title
William & Theresa Lewis Family Trust -- Benefit Land Title
Lewis William E $100,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemus Wagner A $920,500
Previous Owner Montgomery Douglas Morrison $250,000
Previous Owner Montgomery Douglas Morrison $750,000
Previous Owner Montgomery Douglas Morrison $620,000
Previous Owner Montgomery Douglas M $170,000
Previous Owner Montgomery Douglas M $250,000
Previous Owner Montgomery Douglas M $500,000
Previous Owner Lewis William E $58,000
Previous Owner Lewis William E $285,000
Closed Montgomery Douglas M $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $1,325,000 -1.9% $339 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
11/29/2020 11/29/20 For Sale $1,350,000 +3.9% $345 / Sq Ft
06/21/2017 06/21/17 Sold $1,299,000 -3.8% $332 / Sq Ft
04/17/2017 04/17/17 Price Changed $1,350,000 -3.6% $345 / Sq Ft
11/14/2016 11/14/16 Price Changed $1,399,900 -3.4% $358 / Sq Ft
10/04/2016 10/04/16 Price Changed $1,449,900 -3.3% $371 / Sq Ft
04/27/2016 04/27/16 For Sale $1,499,000 -- $384 / 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 $17,024 $1,423,397 $270,608 $1,152,789
2023 $17,024 $1,368,126 $260,100 $1,108,026
2022 $17,637 $1,420,641 $218,727 $1,201,914
2021 $17,299 $1,392,787 $214,439 $1,178,348
2020 $17,124 $1,378,507 $212,241 $1,166,266
2019 $16,796 $1,351,479 $208,080 $1,143,399
2018 $16,470 $1,324,980 $204,000 $1,120,980
2017 $20,010 $1,559,027 $360,307 $1,198,720
2016 $19,659 $1,528,459 $353,243 $1,175,216
2015 $19,441 $1,505,502 $347,938 $1,157,564
2014 $18,567 $1,476,013 $341,123 $1,134,890
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20247744

California Regional Multiple Listing Service (CRMLS)

APN: 929-340-002