$370,000
SOLD JUL 8, 2016

38481 Oaktree Loop Murrieta, CA 92562

3 Beds
2.5 Baths
1,840 Sq Ft
$539/mo HOA Fee

Recently Sold

$201 Per Sq Ft

12% Below List Price

176 Days on Market

Highlights

  • On Golf Course
  • 24-Hour Security
  • Updated Kitchen
  • Cole Canyon Elementary School Rated A-
  • Filtered Pool
  • Open Floorplan

About This Home

As of January 2019

Great Bear Creek location in Oaktree loop a condo with one common wall on the 17th fair way This home has a wrap around deck. You look at the oak trees and the golf tees from the deck as well as the fairway. Owner remodeled this home its a must see lots of up grades 3 inch thick edge on the granite in kitchen, big refrigerator ,cathedral ceiling upgraded appliances lots of special features one of a kind floor plan and location. Corner lot with a 2 car garage and central vac, This home is a 3 bedroom with the Master down and 2 bedrooms up. Live in paradise with a perfect location. The master HOA has a gym,pool,tennis courts and spa. close to the entrance. Oaktree Villas has a pool, spa and showers close to the home. Bear Creek is a private golf club nestled in the Murrieta Valley, a short drive from Los Angeles, Orange and San Diego counties. . Bear Creek is a private, gate guarded community comprised of a premiere collection of 620 homes, both single family and town home style, designed around a magnificent Jack Nicklaus 18 hole golf course and nestled into the hills above Murrieta. The common amenities include; private streets, an Olympic sized swimming pool, spa, weight room, cardio room, clay and concrete tennis courts, Boccie courts

Last Agent to Sell the Property

Frank Galante

Galante Real Estate License #01126020 Listed on: 11/30/2015

Last Buyer's Agent

Charles Okada

Exit Alliance Realty License #01457178

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,684

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • On Golf Course
  • 1 Common Wall
  • Landscaped
  • Front and Back Yard Sprinklers
  • Back Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Permit Required
  • Assigned Parking

Property Views

  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Pool

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

Outdoor Features

  • Patio
  • Wrap Around Porch

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Doors swing in
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 19204
  • Assessor Parcel Number 904111024

Community Details

Overview

  • 50 Units
  • Bear Creek Association
  • Oaktree Villas Association

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,684

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$539 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Oaktree Loop Villas
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 904111024
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1840.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Vacuum Central
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 201.09
  • Room Type: Family Room, Foyer, Jack & Jill, Living Room, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Golf Course, Mountain(s)
  • Patio And Porch Features: Concrete, Wrap Around
  • Pool Features: Association, Community, Fenced, Filtered, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway, Garage, Permit Required, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Oaktree Villas
  • Amenities: Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 240.00
  • Association #2 Fee: 299.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Bear creek
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Murrieta

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Landscaped, On Golf Course, Paved, Sprinklers In Front, Sprinklers In Rear

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 19204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2018
Closed on
Dec 14, 2018
Sold by
Pettengill Mark and Pettengill Laurie
Bought by
Tomeo Gerald F and Tomeo Lisa A
Seller's Agent
Erin Mann
Keller Williams Realty San Diego North Inland
Buyer's Agent
Liz Jones
KW Temecula
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Total Days on Market
176
Current Estimated Value
$620,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,338
Avg. Annual Appreciation
6.65%
Original Mortgage
$328,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2015
Closed on
Jun 2, 2016
Sold by
Medina Mauricio
Bought by
Pettengill Mark and Pettengill Laurie
Seller's Agent
Frank Galante
Galante Real Estate
Buyer's Agent
Charles Okada
Exit Alliance Realty
List Price
$420,000
Sold Price
$370,000
Premium/Discount to List
-$50,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$345,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Pedder David Allen
Bought by
Medina Mauricio

Purchase Details

Closed on
Dec 6, 2007
Sold by
Keese Robert M and Keese Helen Yoshiyama
Bought by
Pedder David Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,435
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Keese Robert M
Bought by
Keese Robert M and Keese Helen Yoshiyama

Purchase Details

Closed on
Jan 29, 2003
Sold by
Delaney Timothy R
Bought by
Keese Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 20, 2000
Sold by
Delaney Timothy R
Bought by
Delaney Timothy R

Purchase Details

Closed on
Jul 15, 1998
Sold by
Delaney Timothy R
Bought by
Cavan Family Trust

Purchase Details

Closed on
Jul 10, 1997
Sold by
Johnson Ronald M and Johnson Suzanne M
Bought by
Johnson Ronald and Johnson Suzanne

Purchase Details

Closed on
Apr 12, 1994
Sold by
Boyd Helen L and Delaney Timothy R
Bought by
Delaney Timothy R

Purchase Details

Closed on
Oct 4, 1993
Sold by
Boyd Helen L
Bought by
Boyd Helen L and Delaney Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.13%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $410,000 Chicago Title Company
Grant Deed $370,000 Lawyers Title
Grant Deed $264,500 Nations Title Company
Grant Deed $315,000 Stewart Title Riverside
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $270,000 First American Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Quit Claim Deed -- Union Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,000 New Conventional
Closed $328,000 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $267,435 Purchase Money Mortgage
Previous Owner $216,000 Balloon
Previous Owner $176,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $410,000 -1.2% $223 / Sq Ft
12/13/2018 12/13/18 For Sale $415,000 +1.2% $226 / Sq Ft
12/10/2018 12/10/18 Off Market $410,000 -- --
11/29/2018 11/29/18 Price Changed $415,000 -1.2% $226 / Sq Ft
11/04/2018 11/04/18 For Sale $420,000 +13.5% $228 / Sq Ft
07/08/2016 07/08/16 Sold $370,000 -7.3% $201 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $399,000 +7.8% $217 / Sq Ft
04/08/2016 04/08/16 Price Changed $370,000 -7.3% $201 / Sq Ft
01/07/2016 01/07/16 Price Changed $399,000 -5.0% $217 / Sq Ft
11/30/2015 11/30/15 For Sale $420,000 -- $228 / 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 $5,684 $439,600 $107,219 $332,381
2022 $5,645 $430,981 $105,117 $325,864
2021 $5,539 $422,531 $103,056 $319,475
2020 $5,484 $418,200 $102,000 $316,200
2019 $5,036 $384,948 $104,040 $280,908
2018 $4,941 $377,400 $102,000 $275,400
2017 $4,950 $370,000 $100,000 $270,000
2016 $3,762 $264,438 $100,000 $164,438
2015 $4,057 $285,000 $109,000 $176,000
2014 $3,488 $258,000 $75,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15254457

California Regional Multiple Listing Service (CRMLS)

APN: 904-111-024