NOT LISTED FOR SALE

38450 Oaktree Loop Murrieta, CA 92562

Estimated Value: $567,525 - $606,000

3 Beds
2 Baths
1,800 Sq Ft
$539/mo HOA Fee

Last Sold January 09, 2017

Last sale price $325,000 $181 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,016/month

56 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • View of Trees or Woods
  • Cole Canyon Elementary School Rated A
  • In Ground Pool
  • Open Floorplan

About This Home

As of January 2017

Beautifully upgraded condo in the Bear Creek Community. This 3 bedroom 2 bath 1800 sq ft condo has granite counter tops throughout the house and bathrooms. The window coverings are all upgraded shutter coverings and the house has new paint and carpet throughout the condo with ceramic tile in both the entry way and kitchen/dining area. This beautiful gated community has 24 hr guards to go with fitness center, community pools, and tennis courts. The school district is the award winning Cole Canyon Elementary, Thompson Middle School and Murrieta Valley High School. This condo is close to grocery stores, restaurants, and has easy freeway access. Come check this beautiful condo out before it's too late!!!

Last Agent to Sell the Property

Tracy Bouvet

NON-MEMBER/NBA or BTERM OFFICE License #01988838 Listed on: 09/17/2016

Last Buyer's Agent

Melanie Hoit

Birch Capital License #01981510

Birch Capital

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall
  • Landscaped
  • Back and Front Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Unassigned Parking

Property Views

  • Woods
  • Mountain
  • Hills
  • Courtyard

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Bar
  • Recessed Lighting
  • Track Lighting
  • Plantation Shutters
  • Family Room with Fireplace

Kitchen

  • Double Oven
  • Six Burner Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 24068
  • Assessor Parcel Number 904111055

Community Details

Overview

  • Foothills
  • Mountainous Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

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

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$539 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 904111055
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Interior Amenities: Bar, Granite Counters, Open Floorplan, Recessed Lighting, Wired for Sound, Track Lighting, Wet Bar
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 180.56
  • Room Type: All Bedrooms Down, Family Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Hills, Mountain(s), Trees/Woods
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Tankless Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Banquet Facilities, Bocce Ball Court, Clubhouse, Controlled Access, Dues Paid Monthly, Guard, Gym/Ex Room, Meeting Room, Outdoor Cooking Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee: 299.00
  • Association #2 Fee: 240.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Foothills, Mountainous, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 24068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2016
Closed on
Dec 30, 2016
Sold by
Bonner Shern A
Bought by
Bonner Nathaniel
Seller's Agent
Tracy Bouvet
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Melanie Hoit
Birch Capital
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%
Current Estimated Value
$586,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,131
Avg. Annual Appreciation
6.80%
Original Mortgage
$325,000
Outstanding Balance
$267,139
Interest Rate
4.03%
Mortgage Type
VA
Estimated Equity
$318,992

Purchase Details

Closed on
Nov 8, 2016
Sold by
Wainright Tallia
Bought by
Bonner Nathaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$267,139
Interest Rate
4.03%
Mortgage Type
VA
Estimated Equity
$318,992

Purchase Details

Closed on
Mar 17, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wainright Tallia

Purchase Details

Closed on
Jul 8, 2008
Sold by
Gabriel Richard and Gabriel Diane
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 13, 2006
Sold by
Newman David A and Newman Mali
Bought by
Gabriel Richard and Gabriel Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Newman David and Newman Mali
Bought by
Newman David A and Newman Mali

Purchase Details

Closed on
Feb 15, 1995
Sold by
Field Martin and Field Claire
Bought by
Newman David and Newman Mali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonner Nathaniel -- Fnt Ie
Bonner Nathaniel $325,000 Fnt Ie
Wainright Tallia $204,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $212,563 Fidelity Natl Title Ins Co
Gabriel Richard $395,000 Fidelity National Title Co
Newman David A -- --
Newman David $185,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner Nathaniel $325,000
Previous Owner Gabriel Richard $316,000
Previous Owner Newman David $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2017 01/09/17 Sold $325,000 0.0% $181 / Sq Ft
10/06/2016 10/06/16 Price Changed $324,900 -1.5% $181 / Sq Ft
09/19/2016 09/19/16 Price Changed $329,900 -1.5% $183 / Sq Ft
09/17/2016 09/17/16 For Sale $334,900 0.0% $186 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $334,900 -1.5% $186 / Sq Ft
08/04/2016 08/04/16 Price Changed $339,900 -2.9% $189 / Sq Ft
07/18/2016 07/18/16 For Sale $350,000 -- $194 / 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 $4,769 $377,184 $116,056 $261,128
2023 $4,769 $362,539 $111,550 $250,989
2022 $4,729 $355,431 $109,363 $246,068
2021 $4,640 $348,463 $107,219 $241,244
2020 $4,593 $344,891 $106,120 $238,771
2019 $4,506 $338,130 $104,040 $234,090
2018 $4,420 $331,500 $102,000 $229,500
2017 $3,063 $226,340 $66,568 $159,772
2016 $3,020 $221,903 $65,263 $156,640
2015 $2,988 $218,572 $64,284 $154,288
2014 $2,861 $214,293 $63,026 $151,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16156866

California Regional Multiple Listing Service (CRMLS)

APN: 904-111-055