NOT LISTED FOR SALE

38305 Oaktree Loop Murrieta, CA 92562

Estimated Value: $531,000 - $653,000

3 Beds
2.5 Baths
1,865 Sq Ft
$589/mo HOA Fee

Last Sold August 16, 2019

Last sale price $410,000 $220 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,428/month

5 Days on Market

Highlights

  • On Golf Course
  • 24-Hour Security
  • Open Floorplan
  • Cole Canyon Elementary School Rated A-
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2019

Enjoy the good life in the Oak Tree Villa community of exclusive Bear Creek Country Club which is a guard gated Jack Niklaus designed golf course resort. Gorgeous dual views of 2nd tee, greens and hills. Great cul-de sac, nestled amongst ancient oaks, no rear neighbors, backs to golf course and great location on the golf course, close to the community pool. Upgraded and immaculately maintained. Great room with wet bar and fireplace overlooking the views, kitchen with newer appliances opens to dining room and great room. Three full bedrooms – master suite with fireplace and French door to patio, master bath with walk in closet, dual sinks, and soaking tub and shower. Vaulted ceilings, neutral colors, dual pane wood windows and French doors, Baldwin hardware, direct access 2 car attached garage with a fully finished interior. Rain gutters, trash and landscaping paid, HOA professionally managed, abundant amenities include pool, spa, tennis and fitness. See supplement for Oaktree Villa floor plan. Low taxes for such a prestigious location!

Last Agent to Sell the Property

Dick Rainey

Rainey Realty License #01172438 Listed on: 07/18/2019

Co-Listed By

Cathy Rainey

Rainey Realty License #00911528

Last Buyer's Agent

Rebecca D'Amico

Rebecca Holzmann License #01387860

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,846

Year Built

  • Built in 1984

Lot Details

  • On Golf Course
  • 1 Common Wall
  • Northwest Facing Home
  • Fenced
  • Fence is in average condition

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Custom Window Coverings
  • Wood Frame Window
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Room
  • Golf Course Views
  • Termite Clearance

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 19204
  • Assessor Parcel Number 904111020

Community Details

Overview

  • 53 Units
  • Bear Creek Master Association, Phone Number (951) 677-1434
  • Oak Tree Villas Association, Phone Number (951) 698-4030
  • Bear Creek HOA

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,846

Year Built

Built in 1984

Lot Details

0

HOA Fees

$589 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard
  • View: Yes
  • Zoning: R4
  • Architectural Style: Ranch
  • Property Condition: Termite Clearance
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 904111020
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1865.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Wet Bar
  • Stories: 1
  • Entry Location: Ground Floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Master Bedroom, Great Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 219.84
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Custom Covering, Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Soaking Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • View: Golf Course
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Patio, Rear Porch
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Oak Tree Villas
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 246.00
  • Association #2 Fee: 343.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Bear Creek Master Association
  • Phone: 951-677-1434
  • Association Phone #2: 951-698-4030
  • Senior Community: No
  • Community Features: Golf
  • Association Management: Bear Creek

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, On Golf Course
  • 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: 53
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.72
  • Tax Lot: 1
  • Tax Tract Number: 19204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 2, 2019
Sold by
Demarie Anne and Demarie Michael
Bought by
Demarie Michael and Demarie Anne
Seller's Agent
Dick Rainey
Rainey Realty
Buyer's Agent
Rebecca D'Amico
Rebecca Holzmann
List Price
$419,000
Sold Price
$410,000
Premium/Discount to List
-$9,000
-2.15%
Current Estimated Value
$604,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,140
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jul 29, 2019
Sold by
Somerville Thomas and Somerville Sandra
Bought by
Demarie Anne and Demarie Michael
Seller's Agent
Dick Rainey
Rainey Realty
Buyer's Agent
Rebecca D'Amico
Rebecca Holzmann
List Price
$419,000
Sold Price
$410,000
Premium/Discount to List
-$9,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$205,652
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$406,572

Purchase Details

Closed on
Aug 16, 2010
Sold by
Teikuro Corporation
Bought by
Somerville Thomas and Somerville Sandra
Source: Public Records

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Range of Values:

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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
Demarie Michael -- Fidelity National Title Co
Demarie Anne $410,000 Fidelity National Title Co
Somerville Thomas $250,000 Equity Title Orange County-I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarie Anne $300,000
Previous Owner Teikuro Corporation $328,000
Previous Owner Teikuro Corp $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $410,000 -2.1% $220 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $419,000 -- $225 / 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
2023 $5,846 $430,980 $157,676 $273,304
2022 $5,798 $422,531 $154,585 $267,946
2021 $5,688 $414,247 $151,554 $262,693
2020 $5,632 $410,000 $150,000 $260,000
2019 $3,770 $286,857 $57,419 $229,438
2018 $3,700 $281,234 $56,294 $224,940
2017 $3,650 $275,721 $55,191 $220,530
2016 $3,602 $270,315 $54,109 $216,206
2015 $3,564 $266,257 $53,298 $212,959
2014 $3,410 $261,044 $52,255 $208,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19171020

California Regional Multiple Listing Service (CRMLS)

APN: 904-111-020