Seller's Agent in 2023
Sherrie Snyder
Allison James Estates & Homes
(951) 285-6746
9 in this area
24 Total Sales
38851 Avenida la Cresta Murrieta, CA 92562
La Cresta NeighborhoodEstimated Value: $1,380,000 - $1,810,000
4
Beds
6
Baths
2,807
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- RV Access or Parking
- Cole Canyon Elementary School Rated A
- Horse Property
- Primary Bedroom Suite
About This Home
As of March 2023Attention all equestrian enthusiasts! Sprawling 10+ acre ranch located in the exclusive area of La Cresta with access to miles of extensive private trails. TWO SEPARATE ASSESSOR PARCEL NUMBERS MAKES FOR ENDLESS POSSIBILITIES! Prime location! ACREAGE FEATURES ~ 11 stall breezeway barn with caretakers quarters, oversized tack/feed room, turn out, grooming station's, hitching post, guest bath & 5 wash racks, 115' X 204" sand arena with 5' high 3-rail pipe and steel fencing, 60' round pen with solid panel walls, hot walker, paddock's, corral's, well & city water, water storage tank, RV parking, possibly RV hook-ups, completely fenced, two entry gates, tree lined driveway, putting green, sitting area's, barbeque station with entertainment area, cactus garden, loads of mature shade trees, GREAT AREA TO BUILD A NEW HOME ON 2ND PARCEL, plenty of usable land for additional amenities. HOME FEATURES ~ 2807 asf., single story ranch home with 4 bedrooms, 3.5 baths, formal living & dining, charming kitchen with 4 burner Viking cook range with grill, farm style sink, center island with dining counter, walk in pantry & wood counter tops, family room with fireplace open to kitchen, high speed internet, spacious master suite with ceiling fan, two closets, fireplace & retreat, enclosed back porch with ceiling fans, lighting, BBQ & Spanish tile flooring. The perfect place to enjoy country living at its finest within minutes from all modern conveniences, award winning schools, restaurants, premier golf courses, shopping malls, hospitals, world renowned wineries, resorts & I-15 freeway. Less than 1.5 hours from LA, San Diego, Palm Springs, Beaches, Mountains & Theme Parks. Take place and enjoy the La Cresta lifestyle with twinkling star filled skies, scenic open space, extensive private trail systems, Santa Rosa Plateau Ecological Reserve & lovely community events! California's Best Kept Secret! Truly the epitome of peace & tranquility! Motivated seller! Needs repairs & TLC! Must see! Note - There is also a 2nd well on the property that is currently not in working order.
Last Agent to Sell the Property
Allison James Estates & Homes License #01459633 Listed on: 11/29/2022
Last Buyer's Agent
Allison James Estates & Homes License #01459633 Listed on: 11/29/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1979
Lot Details
- 10.46 Acre Lot
- Property fronts a private road
- Rural Setting
- Wood Fence
- Pipe Fencing
- Needs Fence Repair
- Corner Lot
- Level Lot
- Wooded Lot
- Private Yard
- 929140023
- Property is zoned RA
HOA Fees
- $153 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 97 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Driveway
- Automatic Gate
- Guest Parking
- Parking Lot
- RV Access or Parking
Property Views
- Woods
- Hills
- Valley
- Neighborhood
Home Design
- Ranch Style House
- Fixer Upper
Interior Spaces
- 2,807 Sq Ft Home
- Crown Molding
- Wainscoting
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Double Door Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- L-Shaped Dining Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Propane Cooktop
- Freezer
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Retreat
- 4 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Horse Property
- Enclosed Patio or Porch
- Gazebo
- Shed
- Outdoor Grill
Schools
- Cole Canyon Elementary School
- Thompson Middle School
- Murrieta High School
Farming
- Barn
- Agricultural
- Pasture
Horse Facilities and Amenities
- Horse Property Improved
- Corral
- Stables
Utilities
- Central Air
- Propane
- Well
- Septic Type Unknown
Additional Features
- Doors swing in
- Two Homes on a Lot
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 11249
- Assessor Parcel Number 929140003
- $3,500 per year additional tax assessments
Community Details
Overview
- La Cresta Poa, Phone Number (951) 699-2918
- Avalon Management HOA
- Near a National Forest
- Property is near a preserve or public land
Recreation
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2022
Closed on
Feb 16, 2023
Sold by
Kweon Kyoungja
Bought by
Espinosa Stephen and Espinosa Lauren
Seller's Agent
Sherrie Snyder
Allison James Estates & Homes
Buyer's Agent
Sherrie Snyder
Allison James Estates & Homes
List Price
$1,750,000
Sold Price
$1,370,000
Premium/Discount to List
-$380,000
-21.71%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,837
Avg. Annual Appreciation
5.50%
Original Mortgage
$959,000
Outstanding Balance
$928,856
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$683,981
Purchase Details
Closed on
Apr 1, 2008
Sold by
Ha Jun Hwan
Bought by
Kweon Kyoung Ja
Purchase Details
Closed on
Mar 12, 2008
Sold by
Dukes David R
Bought by
Kweon Kyoung Ja
Purchase Details
Closed on
Jul 12, 2005
Sold by
Weeks Stephen A and Weeks Cyndi B
Bought by
Dukes David R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 1999
Sold by
Douglas Donald
Bought by
Weeks Stephen A and Weeks Cyndi B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 18, 1994
Sold by
Douglas Donald W
Bought by
Douglas Donald W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espinosa Stephen | $1,370,000 | Stewart Title | |
| Kweon Kyoung Ja | -- | Stewart Title | |
| Kweon Kyoung Ja | $1,800,000 | Stewart Title | |
| Dukes David R | $1,750,000 | Stewart Title Riverside | |
| Weeks Stephen A | $545,000 | -- | |
| Douglas Donald W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espinosa Stephen | $959,000 | |
| Previous Owner | Dukes David R | $1,250,000 | |
| Previous Owner | Weeks Stephen A | $345,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $1,370,000 | -21.7% | $488 / Sq Ft |
| 11/29/2022 11/29/22 | For Sale | $1,750,000 | -- | $623 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $21,006 | $1,707,553 | $459,720 | $1,247,833 |
| 2023 | $21,006 | $1,267,616 | $341,042 | $926,574 |
| 2022 | $15,046 | $1,152,378 | $310,038 | $842,340 |
| 2021 | $12,812 | $976,592 | $262,744 | $713,848 |
| 2020 | $11,482 | $871,957 | $234,593 | $637,364 |
| 2019 | $11,159 | $846,560 | $227,760 | $618,800 |
| 2018 | $10,745 | $814,000 | $219,000 | $595,000 |
| 2017 | $9,852 | $740,000 | $199,000 | $541,000 |
| 2016 | $9,519 | $710,000 | $191,000 | $519,000 |
| 2015 | $9,491 | $705,000 | $190,000 | $515,000 |
| 2014 | $7,981 | $605,000 | $160,000 | $445,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sherrie Snyder
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW22246758
APN: 929-140-003
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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