NOT LISTED FOR SALE

Estimated Value: $583,000 - $636,618

4 Beds
2.5 Baths
1,916 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $470,000 $245 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,010/month

4 Days on Market

Highlights

  • Spa
  • Gated Community
  • Hiking Trails
  • Buchanan Elementary School Rated A-
  • Outdoor Cooking Area
  • 2 Car Attached Garage

About This Home

As of February 2021

Welcome to the highly desirable gated community of "The Bungalows" at Old School House. You are welcomed with a covered front patio, High ceilings upon entryway and living room, lots of windows, all double-paned. This two-story home features 4bd, 2.5ba, 1916 Sq Ft. Very nice open floor plan with laminate flooring on the first level. The family room is open to the kitchen with lots of cabinets, an island, a reach-in pantry, and slider to the rear private yard. Upstairs are 4 bedrooms, all with ceiling fans, a convenient laundry room. The master boasts an en-suite bath with Dual Sinks, Walk-In Shower, and Soaking Tub. The community has low HOA with a pool, spa, playground and is centrally located near the freeways. Updates include New carpeting, and all New stainless steel kitchen appliances. Welcome home!

Last Agent to Sell the Property

Brian Brassil

Keller Williams Realty License #01897176 Listed on: 01/08/2021

Keller Williams Realty

Last Buyer's Agent

Christine Weimer

ERA Donahoe Realty License #01941207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,263

Year Built

  • Built in 2002

Lot Details

  • 3,920 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate

Home Design

  • Tile Roof

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Spa
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 29396
  • Assessor Parcel Number 913385010

Community Details

Overview

  • Bungalows At Old School House Association, Phone Number (951) 699-2918

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,263

Year Built

Built in 2002

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 913385010
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1916.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 245.30
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Controlled Access
  • Association Fee: 95.00
  • Association Fee Frequency: Monthly
  • Association Name: Bungalows at old school house
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Suburban
  • Association Management: Bungalows at old school house

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 108
  • Tax Tract Number: 29396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 29, 2021
Sold by
American Homes 4 Rent Prop Five Llc
Bought by
Oussi Alaa and Afram Raghid
Seller's Agent
Brian Brassil
Keller Williams Realty
Buyer's Agent
Christine Weimer
ERA Donahoe Realty
List Price
$444,900
Sold Price
$470,000
Premium/Discount to List
$25,100
5.64%
Current Estimated Value
$621,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,405
Avg. Annual Appreciation
6.26%
Original Mortgage
$415,800
Outstanding Balance
$372,100
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$249,305

Purchase Details

Closed on
Jul 25, 2013
Sold by
Arete Properties Ii Llc
Bought by
Beazer Pre Owned Homes Ii Llc

Purchase Details

Listed on
Oct 24, 2012
Closed on
Oct 18, 2012
Sold by
Arete Properties Llc
Bought by
Arete Properties Ii Llc
Seller's Agent
Sue Kelley
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Steven Protzman
NON-MEMBER/NBA or BTERM OFFICE
Sold Price
$1,750

Purchase Details

Closed on
Aug 6, 2012
Sold by
Branch Ronald D
Bought by
Arete Properties Llc

Purchase Details

Closed on
Jul 27, 2005
Sold by
Branch Ronald D and Branch Andreia D
Bought by
Branch Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2004
Sold by
Covington Robert E and Covington Desiree W
Bought by
Branch Ronald D and Branch Andreia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Old School House Development I Llc
Bought by
Covington Robert E and Covington Desiree W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,700
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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
Oussi Alaa $470,000 First Amer Ttl Co Res Div
Beazer Pre Owned Homes Ii Llc -- First American Title Company
Arete Properties Ii Llc -- First American Title Ins Co
Arete Properties Llc -- First American Title Insuran
Branch Ronald D -- Old Republic Title Company
Branch Ronald D $360,000 Old Republic Title Company
Covington Robert E $193,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oussi Alaa $415,800
Previous Owner Branch Ronald D $352,000
Previous Owner Branch Ronald D $88,000
Previous Owner Branch Ronald D $287,920
Previous Owner Covington Robert E $172,700
Closed Branch Ronald D $71,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $470,000 +5.6% $245 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $444,900 0.0% $232 / Sq Ft
07/27/2016 07/27/16 Rented $2,150 0.0% --
06/23/2016 06/23/16 For Rent $2,150 +19.4% --
04/22/2014 04/22/14 Rented $1,800 0.0% --
04/22/2014 04/22/14 For Rent $1,800 +6.2% --
04/04/2013 04/04/13 Rented $1,695 -3.1% --
04/02/2013 04/02/13 Under Contract -- -- --
02/24/2013 02/24/13 For Rent $1,750 0.0% --
10/22/2012 10/22/12 Rented $1,750 -2.8% --
10/19/2012 10/19/12 Under Contract -- -- --
08/13/2012 08/13/12 For Rent $1,800 -- --
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 $7,263 $508,742 $135,304 $373,438
2023 $7,263 $488,988 $130,050 $358,938
2022 $7,242 $479,400 $127,500 $351,900
2021 $5,642 $338,643 $94,374 $244,269
2020 $5,595 $335,172 $93,407 $241,765
2019 $5,520 $328,601 $91,576 $237,025
2018 $5,440 $322,159 $89,781 $232,378
2017 $5,382 $315,843 $88,021 $227,822
2016 $5,320 $309,651 $86,296 $223,355
2015 $5,281 $305,000 $85,000 $220,000
2014 $5,179 $308,000 $60,000 $248,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20254502

California Regional Multiple Listing Service (CRMLS)

APN: 913-385-010