NOT LISTED FOR SALE

38850 Cherry Valley Blvd Cherry Valley, CA 92223

Estimated Value: $387,000 - $502,000

2 Beds
2 Baths
1,092 Sq Ft
$418/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $299,800 $275 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,753/month

22 Days on Market

Highlights

  • Golf Course Community
  • Horse Property
  • Mountain View
  • Brookside Elementary School Rated 9+
  • 1.95 Acre Lot
  • Property is near a park

About This Home

As of August 2019

Beautiful Cherry Valley location, surrounded by mountain views, this lovely home also has a separate studio with a 3/4 bath. This is a fabulous 1.9 acres (per Riverside assessor public record) property. There is a quaint country porch entry as you go into this charming house. A large living room area with beautiful Mexican Saltillo tile floor. In addition, a cozy den where you can relax in front of the river rock fireplace. Delightful bedroom for a peaceful rest. Spacious kitchen with a lovely view out the window overlooking the garden area. Dining area adjacent to the kitchen. Generous hallway displays bookshelves and very attractive cabinet storage. Three quarter bath and laundry room completes the main house. As you walk outdoors through the back patio you will see the entry to the studio. The studio also has a three quarter bathroom. The adjacent garage is 35'11" X 43'11" measurements per the attached REST Measurements. Ample room to park your cars, boat or recreational toys. With all the acreage there is plenty of room for your horses and animals. Horse enthusiasts are welcome as Bogart Equestrian park is just minutes away. Older horse barn and outbuildings also on the property. Easy access to I-10 & 60 Freeway to Morongo Casino & Resort and Cabazon Outlets, Palm Springs, close to Golfing, and Oak Glen hiking.

Last Agent to Sell the Property

Marcellene Hays

Seven Gables Real Estate License #00671617 Listed on: 06/27/2019

Seven Gables Real Estate

Co-Listed By

Vicky Hansen

Seven Gables Real Estate License #00696228

Last Buyer's Agent

Andrew Warburton

eXp Realty of Southern California, Inc. License #01065333

eXp Realty of Southern California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1942

Lot Details

  • 1.95 Acre Lot
  • Flag Lot
  • Property is zoned A-1-1

Parking

  • 6 Car Garage

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Den with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Property is near a park
  • Agricultural

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 56
  • Assessor Parcel Number 405130015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,234

Year Built

Built in 1942

Lot Details

0

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: A-1-1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 405130015
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1092.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 274.54
  • Room Type: All Bedrooms Down, Den
  • Window Features: Screens
  • Bathroom Features: Shower, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Patio And Porch Features: Concrete, Covered, Patio Open, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Hiking, Horse Trails, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property, Flag Lot, Park Nearby
  • Lot Size Sq Ft: 84942.00
  • Lot Size Acres: 1.9500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84942.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 438.11
  • Tax Lot: 1
  • Tax Tract Number: 56-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jul 22, 2019
Sold by
Furr Melinda S
Bought by
Bove Daniel William
Seller's Agent
Marcellene Hays
Seven Gables Real Estate
Buyer's Agent
Andrew Warburton
eXp Realty of Southern California, Inc.
List Price
$299,800
Sold Price
$299,800
Current Estimated Value
$456,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,471
Avg. Annual Appreciation
7.01%
Original Mortgage
$284,810
Outstanding Balance
$248,899
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$207,372

Purchase Details

Closed on
May 4, 2002
Sold by
Furr Melinda S
Bought by
Furr James A and Furr Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1998
Sold by
Furr James A
Bought by
Furr Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1997
Sold by
Crown Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation
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
Bove Daniel William $300,000 North American Title
Furr James A -- Chicago Title Co
Furr Melinda S -- Chicago Title Co
Furr Melinda S $54,000 Chicago Title Co
Federal Home Loan Mortgage Corporation -- Chicago Title Co
Crown Bank Fsb $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bove Daniel William $284,810
Previous Owner Furr James A $138,750
Previous Owner Furr Melinda S $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $299,800 0.0% $275 / Sq Ft
06/27/2019 06/27/19 For Sale $299,800 -- $275 / 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 $4,234 $327,870 $82,021 $245,849
2023 $4,234 $315,140 $78,837 $236,303
2022 $4,169 $308,962 $77,292 $231,670
2021 $4,090 $302,905 $75,777 $227,128
2020 $4,048 $299,800 $75,000 $224,800
2019 $1,400 $107,325 $57,243 $50,082
2018 $1,392 $105,219 $56,118 $49,101
2017 $1,368 $103,157 $55,018 $48,139
2016 $1,330 $101,136 $53,940 $47,196
2015 $1,307 $99,619 $53,131 $46,488
2014 $1,306 $97,670 $52,092 $45,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19144582

California Regional Multiple Listing Service (CRMLS)

APN: 405-130-015