NOT LISTED FOR SALE

40075 Festival Rd Murrieta, CA 92562

Murrieta Oaks Neighborhood

Estimated Value: $626,000 - $659,000

3 Beds
2.5 Baths
2,188 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $369,000 $169 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,891/month

25 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Private Yard
  • E. Hale Curran Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2016

GORGEOUS MURRIETA HOME. TURNKEY!!! CATHEDRAL CEILINGS, CROWN MOLDING, HARDWOOD FLOORING AND UPGRADED CARPET. WHITE KITCHEN WITH CENTER ISLAND AND EXTRA CABINETS. LARGE FAMILY ROOM WITH FIREPLACE. MASTER BEDROOM HAS OVAL SOAKING TUB AND SEPARATE SHOWER. SKYLIGHTS BRING NATURAL LIGHTING INTO THE HOME. LARGE YARD WITH PATIO.

Last Agent to Sell the Property

Ernest Livingstone

LIVINGSTONE REALTY GROUP Brokerage Phone: 951-529-2990 License #01270885 Listed on: 06/29/2016

Last Buyer's Agent

Don Shea

KSA Real Estate Group License #01888288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1989

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Private Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,188 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Gas Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Septic Type Unknown

Additional Features

  • Wood Patio
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 31 / 193
  • Tax Tract Number 23146
  • Assessor Parcel Number 948171007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,830

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 948171007
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2188.00
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 168.65
  • Room Type: Family Room, Living Room
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Washer Included
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 60.51
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Block: 193
  • Tax Lot: 31
  • Tax Tract Number: 23146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Jul 28, 2016
Sold by
Bedoya Paul and Bedoya Hilda
Bought by
Branstine Ashley and Tejeda Gabriel
Seller's Agent
Ernest Livingstone
LIVINGSTONE REALTY GROUP
Buyer's Agent
Don Shea
KSA Real Estate Group
List Price
$389,000
Sold Price
$369,000
Premium/Discount to List
-$20,000
-5.14%
Current Estimated Value
$640,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,118
Avg. Annual Appreciation
6.30%
Original Mortgage
$362,316
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2002
Sold by
Magee Kymerica
Bought by
Bedoya Paul and Bedoya Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.62%

Purchase Details

Closed on
Apr 20, 2001
Sold by
Magee Kendall R
Bought by
Magee Kymerica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.19%

Purchase Details

Closed on
Jun 28, 1995
Sold by
Watkins Cindy Ann
Bought by
Magee Kendall B and Magee Kymerica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,942
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1995
Sold by
Watkins Ronald L
Bought by
Watkins Cindy Ann
Source: Public Records

Range of Values:

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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
Branstine Ashley $369,000 Stewart Title
Bedoya Paul $258,000 New Century Title Company
Magee Kymerica -- --
Magee Kendall B $128,000 First American Title Ins Co
Watkins Cindy Ann -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branstine Ashley $350,500
Closed Branstine Ashley $362,316
Previous Owner Bedoya Paul $197,798
Previous Owner Bedoya Paul $82,000
Previous Owner Bedoya Paul $224,000
Previous Owner Bedoya Paul $42,000
Previous Owner Bedoya Paul $258,000
Previous Owner Magee Kymerica $150,000
Previous Owner Magee Kendall B $126,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $369,000 -0.2% $169 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/19/2016 07/19/16 Price Changed $369,900 -1.3% $169 / Sq Ft
07/14/2016 07/14/16 Price Changed $374,900 -1.1% $171 / Sq Ft
07/07/2016 07/07/16 Price Changed $379,000 -2.6% $173 / Sq Ft
06/29/2016 06/29/16 For Sale $389,000 -- $178 / 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 $4,830 $428,248 $128,474 $299,774
2023 $4,830 $411,621 $123,486 $288,135
2022 $4,812 $403,551 $121,065 $282,486
2021 $4,725 $395,640 $118,692 $276,948
2020 $4,678 $391,584 $117,475 $274,109
2019 $4,591 $383,907 $115,172 $268,735
2018 $4,505 $376,380 $112,914 $263,466
2017 $4,444 $369,000 $110,700 $258,300
2016 $3,775 $315,637 $79,516 $236,121
2015 $3,735 $310,898 $78,323 $232,575
2014 $3,563 $304,810 $76,790 $228,020
Source: Public Records

Agents Affiliated with this Home

  • Ernest Livingstone

    Seller's Agent in 2016

    Ernest Livingstone

    LIVINGSTONE REALTY GROUP

    (951) 529-2990

    26 Total Sales

    Ernest Livingstone
    Section Image
  • Don Shea

    Buyer's Agent in 2016

    Don Shea

    KSA Real Estate Group

    (951) 378-8550

    19 Total Sales

    Don Shea
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16141741

California Regional Multiple Listing Service (CRMLS)

APN: 948-171-007

California Riverside County Murrieta 92562 Murrieta Oaks

40075 Festival Rd, Murrieta, CA

This home is located at 40075 Festival Rd, Murrieta, CA 92562 since 29 June 2016 and is currently estimated at $640,118, approximately $292 per square foot. This property was built in 1989. 40075 Festival Rd is a home located in Riverside County with nearby schools including E. Hale Curran Elementary School, Shivela Middle School, and Murrieta Mesa High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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