NOT LISTED FOR SALE

37655 Quarter Horse Trail Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $1,407,000 - $1,723,000

3 Beds
3.5 Baths
3,390 Sq Ft
$445/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $829,000 $245 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,285/month

250 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • Panoramic View
  • Cole Canyon Elementary School Rated A-
  • RV Access or Parking
  • Custom Home

About This Home

As of May 2018

THIS BEAUTIFUL CUSTOM BUILT SINGLE STORY ESTATE HOME WITH 360' PANORAMIC VIEWS AND VERY OPEN FLOOR PLAN. FEATURES 3390 SQ.FT. 3 BEDROOMS (ALL OF WHICH ARE SUITES WITH WALK-IN CLOSETS),3.5 CUSTOM BATHS, OVER SIZED 3 CAR GARAGE, BEAUTIFUL VIEWS OUT OF EVERY WINDOW, DEN/OFFICE, FORMAL LIVING ROOM, FORMAL DINING ROOM, GOURMET KITCHEN W/ GRANITE SLAB COUNTER TOPS, CUSTOM CABINETRY WITH ACCENTED GLASS DOORS, LARGE CENTER ISLAND, GOURMET NAME BRAND STAINLESS STEEL APPLIANCES, OVERSIZED BUILT-IN REFRIGERATOR, WALK IN PANTRY & DINING AREA AS WELL AS SEATING FOR 5 AT THE KITCHEN BAR, SPACIOUS FAMILY ROOM W/ FIREPLACE, IMPRESSIVE CATHEDRAL COFFERED CEILINGS, LOTS OF STORAGE SPACE, MASTER SUITE W/OVERSIZE PICTURE WINDOWS,FIREPLACE, 8'FT DOUBLE DOOR THAT LEAD OUT TO A COVER PATIO, HIS AND HERS WALK IN CLOSETS, LUXURY MASTER BATH W/ SPA STYLE TUB, ENORMOUS CUSTOM SHOWER WITH BODY SPRAYS, CUSTOM CABINETRY WITH SEPARATE HIS AND HERS SINKS.THIS BEAUTIFUL ALSO BOOST LEADED GLASS ENTRY DOORS, ENTRY WATER FALL, BAMBO AND TRAVERTINE FLOORING THRU-OUT, CUSTOM DIMMER SWITCHES, THE 360' VIEWS WILL SIMPLY TAKE YOUR BREATH AWAY! LARGE PUTTING GREEN AND DRIVING RANGE ONE CAN EASILY SHAG THEIR BALLS, PARK LIKE SETTINGS, FRUIT TREES, NEAR BY HORSE TRAILS, TRULY A MUST SEE PROPERTY.

Last Agent to Sell the Property

Tony Cullors

HomeSmart Realty West License #01240905 Listed on: 08/09/2017

HomeSmart Realty West

Last Buyer's Agent

Mimi Ghofranian

Realty ONE Group Southwest License #01734029

Realty ONE Group Southwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,820

Year Built

  • Built in 2009

Lot Details

  • 5.26 Acre Lot
  • Rural Setting
  • Split Rail Fence
  • Vinyl Fence
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers Throughout Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Plaster
  • Stucco

Interior Spaces

  • 3,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Double Door Entry
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Panoramic Views

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Schools

  • Thompson Middle School
  • Murrieta Valley High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Propane
  • Tankless Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 929110020

Community Details

Overview

  • La Cresta HOA, Phone Number (951) 000-0000
  • Near a National Forest
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,820

Year Built

Built in 2009

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 929110020
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3390.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Track Lighting, Wired for Data
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room, In Living Room, Separated
  • Fireplace Features: Family Room, Master Bedroom, Propane, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 244.54
  • Room Type: All Bedrooms Down, Den, Entry, Family Room, Formal Entry, Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Panoramic
  • Fence: Yes
  • Fencing: Split Rail, Vinyl
  • Patio And Porch Features: Concrete, Covered, Patio, Front Porch, Slab
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage, Direct Garage Access, Garage Faces Front, Garage - Three Door, Garage Door Opener, Oversized, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Phone Connected, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Electric Oven, Disposal, Microwave, Propane Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Propane, Fireplace(s)
  • Laundry Features: Common Area, Individual Room, Inside, Propane Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Electric, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails, Horse Trails, Dues Paid Monthly, Call for Rules
  • Association Fee: 77.00
  • Association Fee Frequency: Monthly
  • Association Name: LA CRESTA HOA
  • Phone: 951-000-0000
  • Senior Community: No
  • Community Features: Blm/National Forest, Foothills, Horse Trails, Mountainous, Preserve/Public Land, Stable(s), Rural

Schools

  • School District: Murrieta
  • Middle School: Thompson
  • High School: Murrieta Valley
  • High School: Murrieta Valley
  • Middle Or Junior School: Thompson
  • High School2: MURVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Front Yard, Garden, Horse Property, Lot Over 40000 Sqft, Paved, Ranch, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 229126.00

Multi Family

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

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Apr 25, 2018
Sold by
Paulo Michael and Paulo Terri
Bought by
Sherman Edward R and Baker Sherman Judith E
Seller's Agent
Tony Cullors
HomeSmart Realty West
Buyer's Agent
Mimi Ghofranian
Realty ONE Group Southwest
List Price
$889,000
Sold Price
$829,000
Premium/Discount to List
-$60,000
-6.75%
Current Estimated Value
$1,509,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,213
Avg. Annual Appreciation
8.63%
Original Mortgage
$663,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Paulo Michael
Bought by
Paulo Michael and Paulo Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,380
Interest Rate
5.64%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 27, 2005
Sold by
Paulo Michael and Baasch Janet
Bought by
Paulo Michael

Purchase Details

Closed on
Feb 1, 2005
Sold by
Paulo Terri
Bought by
Paulo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 12, 2005
Sold by
Saez Brenda
Bought by
Paulo Michael and Baasch Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 22, 2002
Sold by
Saez Edigberto
Bought by
Saez Brenda
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
Sherman Edward R $829,000 Wfg National Title Company O
Paulo Michael -- North American Title
Paulo Michael -- --
Paulo Michael -- Stewart Title Guaranty
Paulo Michael $315,000 Stewart Title Guaranty
Saez Brenda -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Edward R $750,000
Closed Sherman Edward R $681,500
Closed Sherman Edward R $663,200
Previous Owner Paulo Michael $639,380
Previous Owner Paulo Michael $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $829,000 -1.2% $245 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $839,000 -1.2% $247 / Sq Ft
12/14/2017 12/14/17 Price Changed $849,000 -1.8% $250 / Sq Ft
10/28/2017 10/28/17 Price Changed $865,000 -1.6% $255 / Sq Ft
09/06/2017 09/06/17 Price Changed $879,000 -1.1% $259 / Sq Ft
08/09/2017 08/09/17 For Sale $889,000 -- $262 / 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 $11,820 $943,254 $273,076 $670,178
2023 $11,820 $906,628 $262,473 $644,155
2022 $11,728 $888,852 $257,327 $631,525
2021 $11,505 $871,425 $252,282 $619,143
2020 $11,390 $862,491 $249,696 $612,795
2019 $11,173 $845,580 $244,800 $600,780
2018 $13,390 $984,091 $373,394 $610,697
2017 $13,196 $964,796 $366,073 $598,723
2016 $11,858 $860,000 $326,000 $534,000
2015 $10,718 $772,000 $293,000 $479,000
2014 $10,381 $766,000 $291,000 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17183069

California Regional Multiple Listing Service (CRMLS)

APN: 929-110-020