NOT LISTED FOR SALE

38114 Cherry Valley Blvd Cherry Valley, CA 92223

Estimated Value: $441,000 - $703,855

3 Beds
1 Bath
1,088 Sq Ft
$538/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $520,000 $478 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,636/month

252 Days on Market

Highlights

  • Horse Property
  • 5.74 Acre Lot
  • No HOA
  • Brookside Elementary School Rated 9+
  • Mountain View
  • Laundry Room

About This Home

As of December 2019

Good opportunity to own this house in a very desirable area of Cherry Valley. Home needs some repairs. Additional parcel included in the sale price. 3 Bedrooms and 1 Bathroom. Horse property with a lot of room for toys and criters. Great for a developer, investor, or horse ranch. Fully fenced. Barns and Kennels. Close to freeway 10, Casino Morongo, variety of dining, and Premium Factory Outlet Stores. Buyers to do their own diligence regarding Financing and verify specifications for the property.

Last Agent to Sell the Property

Alma Galindo

BRIGHT STAR REAL ESTATE License #01772866 Listed on: 08/22/2018

Last Buyer's Agent

Alma Galindo

BRIGHT STAR REAL ESTATE License #01772866 Listed on: 08/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,671

Year Built

  • Built in 1940

Lot Details

  • 5.74 Acre Lot
  • Rural Setting
  • 405150001

Interior Spaces

  • 1,088 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Horse Property
  • Agricultural
  • Horse Property Improved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 56014
  • Assessor Parcel Number 405150002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,671

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 405150002
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1088.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 477.94
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 405150001
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property, Horse Property Improved
  • Lot Size Sq Ft: 250034.40
  • Lot Size Acres: 5.7400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.7400 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 056014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Dec 3, 2019
Sold by
Espitia Patricia Marquez
Bought by
Rodas Lidio Ochoa
Seller's Agent
Alma Galindo
BRIGHT STAR REAL ESTATE
Buyer's Agent
Alma Galindo
BRIGHT STAR REAL ESTATE
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%
Current Estimated Value
$585,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,464
Avg. Annual Appreciation
2.03%
Original Mortgage
$484,350
Outstanding Balance
$428,858
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$156,606

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 6, 2019
Sold by
Santillan Javier
Bought by
Roeas Lidio Ochoa
Seller's Agent
Alma Galindo
BRIGHT STAR REAL ESTATE
Buyer's Agent
Alma Galindo
BRIGHT STAR REAL ESTATE
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$428,858
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$156,606

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 6, 2017
Sold by
Daniel Justin Thomas
Bought by
Santillan Javer
Seller's Agent
Terri Sylvester
TITAN REAL ESTATE GROUP
Buyer's Agent
Alma Galindo
BRIGHT STAR REAL ESTATE
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
May 6, 1997
Sold by
Daniel Mary Ann
Bought by
Daniel Mary Ann

Purchase Details

Closed on
May 24, 1994
Sold by
Daniel Thomas L
Bought by
Daniel Mary Ann
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
Rodas Lidio Ochoa -- Lawyers Title
Roeas Lidio Ochoa $520,000 Lawyers Title
Santillan Javer $400,000 Chicago Title Company
Daniel Mary Ann -- --
Daniel Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roeas Lidio Ochoa $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2019 12/06/19 Sold $520,000 0.0% $478 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/18/2019 03/18/19 Off Market $520,000 -- --
01/11/2019 01/11/19 Price Changed $520,000 -16.8% $478 / Sq Ft
08/22/2018 08/22/18 For Sale $625,000 +56.3% $574 / Sq Ft
10/11/2017 10/11/17 Sold $400,000 -4.8% $368 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $420,000 -- $386 / 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 $6,671 $519,477 $282,158 $237,319
2023 $6,671 $499,306 $271,202 $228,104
2022 $6,568 $489,517 $265,885 $223,632
2021 $6,443 $479,920 $260,672 $219,248
2020 $6,378 $475,000 $258,000 $217,000
2019 $4,896 $362,100 $234,600 $127,500
2018 $4,877 $355,000 $230,000 $125,000
2017 $1,032 $78,484 $41,340 $37,144
2016 $1,004 $76,946 $40,530 $36,416
2015 $986 $75,792 $39,922 $35,870
2014 $984 $74,309 $39,141 $35,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18206410

California Regional Multiple Listing Service (CRMLS)

APN: 405-150-002