Seller's Agent in 2024
Angel Reza
Realty ONE Group Southwest
(951) 691-2188
1 in this area
27 Total Sales
40040 Festival Rd Murrieta, CA 92562
Murrieta Oaks NeighborhoodEstimated Value: $641,000 - $673,308
4
Beds
2.5
Baths
2,496
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- City Lights View
- Fireplace in Primary Bedroom
- E. Hale Curran Elementary School Rated A-
- Open Floorplan
- Traditional Architecture
About This Home
As of March 2024Welcome to Festival Rd! This Two-Story Murrieta gem is located in a very quiet neighborhood, yet close to schools, parks, and shopping. Low maintenance front yard LARGE DRIVEWAY FOR MULTIPLE CARS, and SOLAR PANELS (owned) Private front courtyard. Home features vaulted ceilings, has 4 bedrooms and 2 bathrooms, The living room is adjacent to the Formal Dining Room for extra space when your family gathers. A large master bedroom suite (with its own fireplace) is just some of the highlights of this beautiful home, downstairs bathroom for guests and a large separate laundry. The backyard is spacious enough for a future pool, ideal for outdoor entertaining and relaxation, 3 Car Garage with Tandem.
This home is in the highly rated Murrieta Valley Unified School. Easy access to the I-15 and I-215 freeways, strategically located near shopping, medical centers, parks, the world-renowned Temecula valley wineries and Pechanga Casino Resort and Spa! Great family home, just needing your own finishing touches to make it your own. Come and envision your new beginnings today!
Last Agent to Sell the Property
Realty ONE Group Southwest Brokerage Phone: 951-691-2188 License #01928482 Listed on: 01/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,553
Year Built
- Built in 1989
Lot Details
- 5,663 Sq Ft Lot
- Back and Front Yard
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Tandem Garage
Home Design
- Traditional Architecture
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Formal Entry
- Family Room with Fireplace
- Great Room
- City Lights Views
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Ceramic Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 23146
- Assessor Parcel Number 948172004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2024
Closed on
Mar 13, 2024
Sold by
Wilhite Jesse C
Bought by
Tineo Christian Eppy Pelayo and Pelavo Vanessa
Seller's Agent
Angel Reza
Realty ONE Group Southwest
Buyer's Agent
Jannette Lomeli
Realty ONE Group West
List Price
$630,000
Sold Price
$615,000
Premium/Discount to List
-$15,000
-2.38%
Views
86
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
$44,577
Avg. Annual Appreciation
4.91%
Original Mortgage
$584,250
Outstanding Balance
$575,660
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$83,917
Purchase Details
Listed on
Dec 5, 2014
Closed on
Mar 13, 2015
Sold by
Phillips Kristin A
Bought by
Wilhite Ii Jesse C
Seller's Agent
Alan Manuel
LPT Realty,Inc
Buyer's Agent
Alan Manuel
LPT Realty,Inc
List Price
$335,000
Sold Price
$335,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$335,000
Interest Rate
3.73%
Mortgage Type
VA
Purchase Details
Listed on
Dec 5, 2014
Closed on
Mar 11, 2015
Sold by
Mortenson William H and Mortenson Zenaida O
Bought by
Wilhite Ii Jesse C
Seller's Agent
Alan Manuel
LPT Realty,Inc
Buyer's Agent
Alan Manuel
LPT Realty,Inc
List Price
$335,000
Sold Price
$335,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.73%
Mortgage Type
VA
Purchase Details
Closed on
Aug 22, 2002
Sold by
Prudential Relocation Inc
Bought by
Mortenson William H and Mortenson Zenaida O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,125
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 2002
Sold by
Brooks Richard H and Brooks Gladys Marie
Bought by
Prudential Relocation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,125
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 14, 1998
Sold by
Wright Julia I
Bought by
Brooks Richard H and Brooks Gladys Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,249
Interest Rate
7.17%
Mortgage Type
VA
Purchase Details
Closed on
Nov 6, 1997
Sold by
Wright Julia I
Bought by
Wright Julia Ida
Purchase Details
Closed on
May 23, 1994
Sold by
Ditzler George E and Ditzler Carol E
Bought by
Wright Julia I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tineo Christian Eppy Pelayo | $615,000 | Ticor Title | |
| Wilhite Ii Jesse C | -- | Corinthian Title Company | |
| Wilhite Ii Jesse C | $335,000 | Corinthian Title Company | |
| Mortenson William H | $279,500 | -- | |
| Prudential Relocation Inc | $275,000 | -- | |
| Brooks Richard H | $165,000 | Lawyers Title Company | |
| Wright Julia Ida | -- | -- | |
| Wright Julia I | $164,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tineo Christian Eppy Pelayo | $584,250 | |
| Previous Owner | Wilhite Ii Jesse C | $334,300 | |
| Previous Owner | Wilhite Ii Jesse C | $335,000 | |
| Previous Owner | Mortenson William H | $56,700 | |
| Previous Owner | Mortenson William H | $276,000 | |
| Previous Owner | Mortenson William H | $279,125 | |
| Previous Owner | Brooks Richard Hollis | $26,500 | |
| Previous Owner | Brooks Richard H | $168,249 | |
| Previous Owner | Wright Julia I | $89,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $615,000 | +2.5% | $246 / Sq Ft |
| 02/19/2024 02/19/24 | Pending | -- | -- | -- |
| 02/17/2024 02/17/24 | Price Changed | $599,999 | -2.9% | $240 / Sq Ft |
| 02/04/2024 02/04/24 | Price Changed | $618,000 | -1.9% | $248 / Sq Ft |
| 01/26/2024 01/26/24 | For Sale | $630,000 | +88.1% | $252 / Sq Ft |
| 05/05/2015 05/05/15 | Sold | $335,000 | 0.0% | $134 / Sq Ft |
| 02/12/2015 02/12/15 | Pending | -- | -- | -- |
| 12/04/2014 12/04/14 | For Sale | $335,000 | -- | $134 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,553 | $627,300 | $188,190 | $439,110 |
| 2023 | $4,553 | $386,979 | $63,531 | $323,448 |
| 2022 | $11,722 | $379,392 | $62,286 | $317,106 |
| 2021 | $11,629 | $371,954 | $61,065 | $310,889 |
| 2020 | $11,485 | $368,141 | $60,439 | $307,702 |
| 2019 | $11,339 | $360,923 | $59,254 | $301,669 |
| 2018 | $10,938 | $353,847 | $58,093 | $295,754 |
| 2017 | $10,789 | $346,909 | $56,954 | $289,955 |
| 2016 | $9,028 | $340,108 | $55,838 | $284,270 |
| 2015 | $3,951 | $329,575 | $102,423 | $227,152 |
| 2014 | -- | $322,000 | $100,000 | $222,000 |
Source: Public Records
Agents Affiliated with this Home
-
Angel Reza
-
Jannette Lomeli
J
Buyer's Agent in 2024
Jannette Lomeli
Realty ONE Group West
(951) 547-8400
1 in this area
10 Total Sales
-
Alan Manuel
Seller's Agent in 2015
Alan Manuel
LPT Realty,Inc
(619) 316-6708
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24007010
APN: 948-172-004
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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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