NOT LISTED FOR SALE

39105 Avenida la Cresta Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $1,891,000 - $2,280,000

3 Beds
2 Baths
1,676 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,200,000 $1,313 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,335/month

18 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • Private Yard
  • Cole Canyon Elementary School Rated A
  • 10.23 Acre Lot
  • No HOA

About This Home

As of May 2024

California Spanish-style equestrian estate located in La Cresta! Situated on a sprawling 10-acre parcel, this horse property offers an unparalleled combination of functionality and breathtaking natural beauty. Boasting two meticulously maintained arenas, the covered arena, spanning approximately 66x197 feet, ensures year-round riding comfort, and the outdoor arena measures approximately 98x230 feet. The facility is equipped with 21 stalls with a few paddocks attached, fully operated by the well system, back 5 acres are approved to spread manure, and the facility equipment is included. Enhancing the training options, a well-designed round pen offers a space for focused groundwork and training exercises. The property offers ample storage for your equipment and hay. You'll have the flexibility to enjoy pasture space for your horse or you might even consider transforming one of the pastures into yet another arena to further diversify your training environments. Stepping inside the home you'll find an updated 3-bedroom, 2-bathroom home, a large backyard area, and a greenhouse. Additionally, the property comes with a 1 bedroom 1 bathroom apartment for staff.

Last Agent to Sell the Property

Sean Caddell

Pacific Sotheby's Int'l Realty Brokerage Email: oceanranches@gmail.com License #01192842 Listed on: 08/13/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Barbara Bowers

Cutting Edge Residential Realty License #01344733

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 10.23 Acre Lot
  • Rural Setting
  • Landscaped
  • Private Yard
  • Density is 6-10 Units/Acre
  • Property is zoned RA5

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • No Heating
  • Well
  • Conventional Septic

Additional Features

  • Horse Property
  • Pasture
  • Horse Property Improved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 929150010

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RA5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 929150010
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1676.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 1312.65
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Hills, Trees/Woods
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Horse Property, Horse Property Improved, Landscaped, Pasture, Ranch, Yard
  • Lot Size Sq Ft: 445618.80
  • Lot Size Acres: 10.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10.2300 Acres
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
May 24, 2024
Sold by
Hinnemann Johann and Hinnemann Gisela
Bought by
Roy V Paulson Dynasty Trust and Paulson
Seller's Agent
Sean Caddell
Pacific Sotheby's Int'l Realty
Buyer's Agent
Barbara Bowers
Cutting Edge Residential Realty
List Price
$2,200,000
Sold Price
$2,200,000
Views
45
Current Estimated Value
$2,053,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,455
Avg. Annual Appreciation
-3.93%

Purchase Details

Listed on
Apr 17, 2013
Closed on
Apr 22, 2014
Sold by
Stevens Charles F
Bought by
Hinnemann Johann and Hinnemann Gisela
Seller's Agent
Tom Sicard
Sunset Properties
Buyer's Agent
Charles Raine
Coastal Legacy Realty Group
List Price
$1,189,000
Sold Price
$1,050,000
Premium/Discount to List
-$139,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Sep 11, 2008
Sold by
Ames Judith A
Bought by
Stevens Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Card Keith E
Bought by
Ames Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1998
Sold by
Card Keith E
Bought by
Card Keith E

Purchase Details

Closed on
Sep 9, 1993
Sold by
K E C Company
Bought by
Card Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1993
Sold by
Card Barbara
Bought by
Card Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roy V Paulson Dynasty Trust $2,000,000 Chicago Title
Hinnemann Johann $1,050,000 Equity Title
Stevens Charles F $1,200,000 Stewart Title
Ames Judith A $1,300,000 Stewart Title Riverside
Card Keith E -- --
Card Keith E -- Quality Title Company
Card Keith E -- Quality Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Charles F $780,000
Previous Owner Ames Judith A $800,000
Previous Owner Card Keith E $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $2,200,000 0.0% $1,313 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $2,200,000 +109.5% $1,313 / Sq Ft
05/30/2014 05/30/14 Sold $1,050,000 -4.5% $476 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
01/17/2014 01/17/14 Price Changed $1,099,000 -7.6% $499 / Sq Ft
04/17/2013 04/17/13 For Sale $1,189,000 -- $539 / 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 $20,056 $2,040,000 $1,191,972 $848,028
2023 $20,056 $1,407,457 $686,924 $720,533
2022 $19,862 $1,379,860 $673,455 $706,405
2021 $19,489 $1,352,804 $660,250 $692,554
2020 $19,296 $1,338,933 $653,480 $685,453
2019 $17,129 $1,153,857 $640,667 $513,190
2018 $16,803 $1,131,233 $628,104 $503,129
2017 $16,560 $1,109,053 $615,789 $493,264
2016 $16,328 $1,087,308 $603,715 $483,593
2015 $16,147 $1,070,978 $594,648 $476,330
2014 $17,035 $1,260,591 $420,196 $840,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2306307

California Regional Multiple Listing Service (CRMLS)

APN: 929-150-010

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