NOT LISTED FOR SALE

Estimated Value: $416,145 - $438,000

2 Beds
2.5 Baths
1,016 Sq Ft
$225/mo HOA Fee

Last Sold August 07, 2019

Last sale price $275,000 $271 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,696/month

21 Days on Market

Highlights

  • Spa
  • Deck
  • Pool View
  • Nicolas Valley Elementary School Rated A-
  • Contemporary Architecture
  • 1 Car Direct Access Garage

About This Home

As of August 2019

Wonderful 2 bedroom, 2 1/2 bath condo located in Murrieta close to schools and shopping. This a perfect starter home in a gated community with many amenities. Sit out on the deck that overlooks the pool or enjoy the downstairs patio. The amenities include a pool, spa, bar-b-que area, and tot lot. Also, new carpet, new appliances, freshly painted, and storage racks in the garage. You’ll also have direct access from the garage to your unit. No need to go out to the garage to do the laundry, its located inside. There’s also guest parking right around the corner. For the investor, this is a good rental property opportunity. No need to wait, take a look right away because this property will sell fast.

Last Agent to Sell the Property

Ralph Inman

Ralph Inman, Broker License #01915291 Listed on: 06/17/2019

Last Buyer's Agent

Jan Williams

Coldwell Banker Realty License #01225408

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home
  • Wrought Iron Fence
  • Wood Fence

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,016 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Pool Views
  • Termite Clearance

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Nicolas Valley Elementary School
  • James Day Middle School
  • Chapparal High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 26693
  • Assessor Parcel Number 957445048

Community Details

Overview

  • 324 Units
  • Montego Bay Association, Phone Number (760) 634-4700
  • Prescott Mgt. HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Termite Clearance
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 957445048
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1016.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 270.67
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Bathroom Features: Double Sinks In Master Bath

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Slab
  • View: Pool
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Montego Bay
  • Phone: 760-634-4700
  • Senior Community: No
  • Community Features: Curbs, Street Lights
  • Association Management: Prescott Mgt.

Schools

  • Elementary School: Nicolas Valley
  • High School: Chapparal
  • Middle Or Junior School: James Day
  • Elementary School #2: NICVAL
  • High School2: CHAPPA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 560.00
  • Lot Size Acres: 0.0129

Multi Family

  • Lease Considered: No
  • Lot Size Area: 560.0000 Square Feet
  • Number Of Units In Community: 324
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.44
  • Tax Lot: 7
  • Tax Tract Number: 26693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 6, 2019
Sold by
Ramos Pedro and Ramos Maria E
Bought by
Kammer Maxwell V
Seller's Agent
Ralph Inman
Ralph Inman, Broker
Buyer's Agent
Jan Williams
Coldwell Banker Realty
List Price
$279,950
Sold Price
$275,000
Premium/Discount to List
-$4,950
-1.77%
Current Estimated Value
$424,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,036
Avg. Annual Appreciation
6.96%
Original Mortgage
$237,100
Outstanding Balance
$207,784
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$216,252

Purchase Details

Closed on
Feb 24, 2016
Sold by
Ramos Pedro and Ramos Maria E
Bought by
The Ramos Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2007
Sold by
Ramos Pedro and Ramos Maria E
Bought by
Ramos Pedro and Ramos Maria E

Purchase Details

Closed on
Jun 18, 2002
Sold by
Barratt American Inc
Bought by
Ramos Pedro and Ramos Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,950
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Kammer Maxwell V $275,000 First American Title Company
The Ramos Revocable Trust -- Stewart Title Of California
Ramos Pedro -- Stewart Title Of California
Ramos Pedro -- None Available
Ramos Pedro $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kammer Maxwell V $237,100
Previous Owner Ramos Pedro $47,000
Previous Owner Ramos Pedro $143,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2019 08/07/19 Sold $275,000 -1.8% $271 / Sq Ft
06/17/2019 06/17/19 For Sale $279,950 -- $276 / 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 $3,045 $300,748 $65,616 $235,132
2023 $3,045 $289,071 $63,069 $226,002
2022 $2,960 $283,404 $61,833 $221,571
2021 $2,902 $277,848 $60,621 $217,227
2020 $2,873 $275,000 $60,000 $215,000
2019 $2,544 $238,354 $72,823 $165,531
2018 $2,491 $233,682 $71,397 $162,285
2017 $2,385 $223,000 $68,000 $155,000
2016 $2,204 $206,000 $63,000 $143,000
2015 $2,019 $189,000 $58,000 $131,000
2014 $1,677 $158,000 $48,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19142374

California Regional Multiple Listing Service (CRMLS)

APN: 957-445-048