NOT LISTED FOR SALE

Estimated Value: $506,000 - $537,000

3 Beds
2.5 Baths
1,674 Sq Ft
$225/mo HOA Fee

Last Sold June 25, 2020

Last sale price $351,000 $210 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,433/month

1 Day on Market

Highlights

  • Heated Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Buchanan Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of June 2020

Welcome home to this beautiful turnkey three bedroom, two and one half bath corner lot condo in the very desirable, gated community of Villas at Old School House! Many tasteful updates in 2018, including, gray kitchen cabinetry, granite in kitchen and two bathrooms, recessed lighting, crown molding, and energy efficient stainless steel Whirlpool appliances. New sink, sliding glass door, faux wood blinds, and air compressor. Flooring on main level is ceramic tile and laminate resembling hard wood. Gas fireplace in open family room with built in cabinets. Office on main level with closet and large laundry room is located between the kitchen and two car garage. Upstairs includes large master bedroom with spacious walk in closet and updated master bathroom, two additional bedrooms and a loft/study area. Fenced backyard, and large side yard for the kids to play basketball and/or entertaining. Community amenities include two swimming pools, spa, dog friendly, street lights, maintenance grounds, trash, sewer, dues paid monthly, controlled access. Ideally located just minutes of the Golf Club at Rancho, award winning schools, wine country, shopping and both the I-15 and 215 freeways. Centrally located between Murrieta, Temecula, and Wildomar. This wonderful, peaceful, quiet home is priced to sell. Buyer and buyer's agent to verify information.

Last Agent to Sell the Property

Tiffanie Quatraro

Realty ONE Group Southwest License #02094087 Listed on: 06/03/2020

Realty ONE Group Southwest

Last Buyer's Agent

Blake Cory

eXp Realty of California, Inc. License #01781649

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall
  • Wood Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Lawn
  • Density is 36-40 Units/Acre

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Unfinished Walls
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,674 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Phone Available

Additional Features

  • More Than Two Accessible Exits
  • Property is near a park

Listing and Financial Details

  • Tax Lot 3-P
  • Tax Tract Number 29398
  • Assessor Parcel Number 916071040

Community Details

Overview

  • 228 Units
  • Elite Management Association, Phone Number (888) 354-8322

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,603

Year Built

Built in 2002

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, dryer, refrigerator, range, microwave, bbq.
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villas At Old School
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 916071040
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1674.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Unfinished Walls
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 209.68
  • Room Type: All Bedrooms Up, Formal Entry, Laundry, Living Room, Loft, Master Suite, Office, Recreation
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Granite Counters, Privacy Toilet Door, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Enclosed, Rear Porch
  • Pool Features: Association, Heated
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Microwave
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash, Pets Permitted, Management, Controlled Access
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: (888) 354-8322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Elite Management

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Corner Lot, Front Yard, Lawn, Level with Street, Level, Park Nearby, Paved, Secluded, Sprinklers In Front, Treed Lot, Yard
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 3-P
  • Tax Tract Number: 29398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 10, 2020
Sold by
Balaja Chery and Cheryl Balaja Family Trust
Bought by
Ormsby William C and Ormsby Susan P
Seller's Agent
Tiffanie Quatraro
Realty ONE Group Southwest
Buyer's Agent
Blake Cory
eXp Realty of California, Inc.
List Price
$339,999
Sold Price
$351,000
Premium/Discount to List
$11,001
3.24%
Current Estimated Value
$522,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,619
Avg. Annual Appreciation
7.72%
Original Mortgage
$258,600
Outstanding Balance
$229,229
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$293,390

Purchase Details

Closed on
Oct 22, 2019
Sold by
Balaja Cheryl
Bought by
Balaja Cheryl and Cheryl Balaja Family Trust

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 27, 2018
Sold by
Home Expo Financial Inc
Bought by
Balaja Cheryl
Seller's Agent
Jeremy Geng
JEREMY GENG
Buyer's Agent
Ryan Steinbuch
Driven Real Estate
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2016
Sold by
Covert William Daniel
Bought by
Millbrook Trust and Home Expo Financial Inc

Purchase Details

Closed on
Sep 5, 2002
Sold by
Greystone Homes Inc
Bought by
Covert William Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Interest Rate
6.37%
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
Ormsby William C $351,000 Chicago Title Company
Balaja Cheryl -- None Available
Balaja Cheryl $315,000 Chicago Title Inland Empire
Home Expo Financial Inc -- Chicago Title Inland Empire
Millbrook Trust $18,363 None Available
Covert William Daniel $203,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ormsby William C $258,600
Previous Owner Balaja Cheryl $295,000
Previous Owner Covert William Daniel $192,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2020 06/25/20 Sold $351,000 +3.2% $210 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $339,999 +7.9% $203 / Sq Ft
07/18/2018 07/18/18 Sold $315,000 -1.5% $188 / Sq Ft View Prior Sale
06/23/2018 06/23/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $319,900 -1.5% $191 / Sq Ft
06/02/2018 06/02/18 Price Changed $324,900 -1.5% $194 / Sq Ft
05/24/2018 05/24/18 For Sale $329,900 -- $197 / 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 $5,603 $383,864 $92,956 $290,908
2023 $5,603 $368,960 $89,348 $279,612
2022 $5,588 $361,727 $87,597 $274,130
2021 $5,509 $354,635 $85,880 $268,755
2020 $5,123 $321,300 $86,700 $234,600
2019 $5,070 $315,000 $85,000 $230,000
2018 $4,438 $260,100 $61,200 $198,900
2017 $4,390 $255,000 $60,000 $195,000
2016 $4,326 $248,957 $36,694 $212,263
2015 $4,295 $245,220 $36,144 $209,076
2014 $4,125 $240,419 $35,437 $204,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20105339

California Regional Multiple Listing Service (CRMLS)

APN: 916-071-040