NOT LISTED FOR SALE

38379 Cherrywood Dr Murrieta, CA 92562

Estimated Value: $855,000 - $1,124,000

3 Beds
3 Baths
2,497 Sq Ft
$650/mo HOA Fee

Last Sold July 24, 2023

Last sale price $805,000 $322 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,884/month

28 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Primary Bedroom Suite
  • Cole Canyon Elementary School Rated A-
  • Heated In Ground Pool
  • View of Trees or Woods

About This Home

As of July 2023

Fully remodeled, move in ready Fairway Estate home. Located at end of cul de sac with private backyard and views of the surrounding hills. Enter home through courtyard to leaded glass doors. Foyer invites you directly to living room with marble fireplace and formal dining room perfect for entertaining. Remodeled kitchen features custom cabinets, Brazilian granite, stainless steel appliances and 2 separate islands. Kitchen includes nook with sliding door to patio. Large primary suite with fireplace, walk in closet, walk in shower, double sinks and private toilet closet. Secondary suite with walk in closet, en suite bath and sliding door to private patio. Third bedroom is perfect for den or office. Third bath off hall for guests also includes walk in shower. Individual laundry room leads to 2 car garage plus golf card garage. Large patio across back of home with private yard easily fenced for your furry friends. Move in ready and waiting for you.

Last Agent to Sell the Property

Lisa Borsotti-Clark

Bear Creek Realty License #00878611 Listed on: 05/27/2023

Last Buyer's Agent

Diane Vaughn

Menconi And Associates, Inc. License #01446157

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 1989

Lot Details

  • Property fronts a private road
  • No Common Walls
  • Cul-De-Sac
  • Sprinklers Throughout Yard
  • Private Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway
  • Golf Cart Garage

Property Views

  • Woods
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 2,497 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Laundry Room

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 204
  • Assessor Parcel Number 904351017
  • $572 per year additional tax assessments

Community Details

Overview

  • 59 Units
  • Bear Creek Master Association, Phone Number (951) 677-1434
  • Fairway Estates Association
  • Powerstone Property Mangement HOA

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,721

Year Built

Built in 1989

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Fairway Estates
  • View: Yes
  • Zoning: CONDO
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 904351017
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2497.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 322.39
  • Room Type: All Bedrooms Down, Dressing Area, Kitchen, Laundry, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community, Gunite, Heated, In Ground
  • Window Features: Blinds, Double Pane Windows, Skylight(s)
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s), Trees/Woods
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, Gunite, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage Faces Front, Garage - Two Door, Golf Cart Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Fairway Estates
  • Amenities: Pickleball, Picnic Area, Playground, Dog Park, Tennis Court(s), Bocce Ball Court, Gym/Ex Room, Recreation Room, Pet Rules, Pets Permitted, Controlled Access
  • Association Fee: 280.00
  • Association #2 Fee: 370.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Bear Creek Master
  • Phone: 9516771434
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Storm Drains, Street Lights
  • Association Management: Powerstone Property Mangement

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 59
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.72
  • Tax Lot: 1
  • Tax Tract Number: 204...
  • TaxOtherAnnualAssessmentAmount: 572.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 24, 2023
Sold by
Gupta Ritesh V
Bought by
Fowler Rodney and Fowler Evelynn
Seller's Agent
Lisa Borsotti-Clark
Bear Creek Realty
Buyer's Agent
Diane Vaughn
Menconi And Associates, Inc.
List Price
$819,000
Sold Price
$805,000
Premium/Discount to List
-$14,000
-1.71%
Views
61
Current Estimated Value
$995,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,564
Avg. Annual Appreciation
10.65%
Original Mortgage
$560,000
Outstanding Balance
$547,556
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$448,008

Purchase Details

Closed on
Jul 3, 2017
Sold by
Gupta Ritesh V
Bought by
Gupta Ritesh V

Purchase Details

Closed on
Apr 23, 2012
Sold by
Cerbu Radu F and Cerbu Madalina R
Bought by
Rvg Properties Llc

Purchase Details

Closed on
Jun 17, 2009
Sold by
Cerbu Radu F and Cerbu Madalina R
Bought by
Cerbu Radu F and Cerbu Madalina R

Purchase Details

Closed on
May 12, 2003
Sold by
Ellis Ron D
Bought by
Cerbu Radu F and Cerbu Madalina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Skoech Graydon W
Bought by
Ellis Ron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 14, 1994
Sold by
Skeoch Lori Elizabeth
Bought by
Skeoch Graydon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.37%

Purchase Details

Closed on
May 23, 1994
Sold by
Resolution Trust Corp
Bought by
Skeoch Graydon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.37%
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
Fowler Rodney $805,000 First American Title
Gupta Ritesh V -- None Available
Rvg Properties Llc $332,000 None Available
Cerbu Radu F -- None Available
Cerbu Radu F $409,000 First American Title Co
Ellis Ron D $230,000 South Coast Title Company
Skeoch Graydon W -- World Title Company
Skeoch Graydon W $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Rodney $560,000
Previous Owner Gupta Ritesh Vilas $150,000
Previous Owner Cerbu Radu F $290,000
Previous Owner Ellis Ron D $217,000
Previous Owner Skeoch Graydon W $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $805,000 -1.7% $322 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $819,000 +146.7% $328 / Sq Ft
04/03/2013 04/03/13 Sold $332,000 -14.8% $133 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
12/16/2012 12/16/12 For Sale $389,900 0.0% $156 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
08/03/2012 08/03/12 Price Changed $389,900 -2.5% $156 / Sq Ft
06/27/2012 06/27/12 Price Changed $399,900 -3.6% $160 / Sq Ft
05/25/2012 05/25/12 Price Changed $414,900 -2.4% $166 / Sq Ft
04/16/2012 04/16/12 Price Changed $425,000 -2.3% $170 / Sq Ft
03/20/2012 03/20/12 For Sale $434,850 -- $174 / 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 $9,721 $821,100 $153,000 $668,100
2023 $9,721 $392,944 $71,010 $321,934
2022 $4,949 $385,240 $69,618 $315,622
2021 $4,856 $377,687 $68,253 $309,434
2020 $4,808 $373,816 $67,554 $306,262
2019 $4,719 $366,487 $66,230 $300,257
2018 $4,630 $359,302 $64,932 $294,370
2017 $4,567 $352,258 $63,659 $288,599
2016 $4,506 $345,352 $62,411 $282,941
2015 $4,458 $340,167 $61,475 $278,692
2014 $4,262 $333,506 $60,272 $273,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23093288

California Regional Multiple Listing Service (CRMLS)

APN: 904-351-017