NOT LISTED FOR SALE

38231 Oaktree Loop Murrieta, CA 92562

Estimated Value: $596,507 - $697,000

3 Beds
2.5 Baths
1,865 Sq Ft
$570/mo HOA Fee

Last Sold December 28, 2018

Last sale price $419,000 $225 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,472/month

26 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Main Floor Bedroom
  • Cole Canyon Elementary School Rated A
  • Panoramic View
  • Community Pool

About This Home

As of December 2018

Located in Bear Creek, a private gated community on a Jack Nickalus designed golf course. Home has an unobstructed view of the #2 fairway and #1 green. Recently remodeled with all the nice upgrades you would expect from a fairway home. Huge oak trees surround the property which keep it cool in the summer. Community pool, tennis courts, and full gym and spa on site.

Last Agent to Sell the Property

Greg Spiegel

OCEquity License #01251805 Listed on: 11/14/2018

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • No Units Above
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Golf Course
  • Hills
  • Park or Greenbelt

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 192042
  • Assessor Parcel Number 904111013

Community Details

Overview

  • 100 Units
  • Association Phone (949) 212-5036

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 904111013
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1865.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 224.66
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Golf Course, Hills, Panoramic, Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s)
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA
  • Phone: 9492125036
  • Senior Community: No
  • Community Features: Curbs, Golf, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.72
  • Tax Lot: 1
  • Tax Tract Number: 192042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 3, 2018
Sold by
Berry Laurice A
Bought by
Long Amy L and Long Bradley H
Seller's Agent
Greg Spiegel
OCEquity
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$439,000
Sold Price
$419,000
Premium/Discount to List
-$20,000
-4.56%
Current Estimated Value
$649,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,627
Avg. Annual Appreciation
6.47%
Original Mortgage
$272,350
Outstanding Balance
$240,425
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$409,202

Purchase Details

Closed on
Apr 4, 2014
Sold by
Berry Laurice A
Bought by
Berry Laurice A and Laurice Anez Murray Berry Trust

Purchase Details

Closed on
Jun 11, 2013
Sold by
Berry Laurice A
Bought by
Berry Laurice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2012
Closed on
May 7, 2012
Sold by
Berry Ronald J
Bought by
Berry Laurice A
Seller's Agent
Shelly Reyland
Re/Max Coastal Homes
Buyer's Agent
Shelly Reyland
Re/Max Coastal Homes
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 6, 2012
Sold by
Davis Robert K and Davis Jacqueline J
Bought by
Berry Laurice A
Seller's Agent
Shelly Reyland
Re/Max Coastal Homes
Buyer's Agent
Shelly Reyland
Re/Max Coastal Homes
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Purchase Details

Closed on
Jul 20, 2004
Sold by
Oaktree Dam 2003 Trust
Bought by
Davis Robert K and Davis Jacqueline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.58%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 2003
Sold by
Smit Marithea
Bought by
The Oaktree Dam 2003 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.5%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Padilla Peter L
Bought by
Smit Marithea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.5%

Purchase Details

Closed on
May 28, 2002
Sold by
Padilla Rhonda Louise
Bought by
Padilla Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.83%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Hix Ernest H and Hix Sharon J
Bought by
Padilla Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,025
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Long Amy L -- Orange Coast Title Company
Berry Laurice A -- First American Title Company
Berry Laurice A -- Lsi Title
Berry Laurice A -- Fidelity National Title
Berry Laurice A $180,000 Fidelity National Title
Davis Robert K -- Commonwealth Land Title
The Oaktree Dam 2003 Trust -- --
Smit Marithea $280,000 Commonwealth Land Title
Padilla Peter L -- American Title
Padilla Peter L $229,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Amy L $272,350
Previous Owner Berry Laurice A $110,000
Previous Owner Davis Robert K $360,000
Previous Owner Smit Marithea $266,000
Previous Owner Padilla Peter L $32,400
Previous Owner Padilla Peter L $218,025
Closed Davis Robert K $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $419,000 -4.6% $225 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $439,000 +143.9% $235 / Sq Ft
05/11/2012 05/11/12 Sold $180,000 -5.3% $96 / Sq Ft View Prior Sale
03/01/2012 03/01/12 For Sale $190,000 -- $102 / 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 $5,990 $467,397 $167,325 $300,072
2023 $5,990 $449,250 $160,829 $288,421
2022 $5,937 $440,442 $157,676 $282,766
2021 $5,823 $431,807 $154,585 $277,222
2020 $5,765 $427,380 $153,000 $274,380
2019 $5,734 $419,000 $150,000 $269,000
2018 $2,733 $198,697 $66,231 $132,466
2017 $2,694 $194,802 $64,933 $129,869
2016 $2,657 $190,983 $63,660 $127,323
2015 $2,628 $188,115 $62,704 $125,411
2014 $2,519 $184,432 $61,477 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18273646

California Regional Multiple Listing Service (CRMLS)

APN: 904-111-013