NOT LISTED FOR SALE

40085 Malacca Way Murrieta, CA 92562

Estimated Value: $643,000 - $673,094

4 Beds
2.5 Baths
1,783 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $588,000 $330 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,148/month

1 Day on Market

Highlights

  • No HOA
  • Balcony
  • Crown Molding
  • Tovashal Elementary School Rated A-
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of July 2021

Murrieta Oasis! LOW TAXES AND NO HOA. Sitting on an over-sized corner lot, this open concept sanctuary is highly upgraded and ready for you! From the moment you walk in you will be impressed with the huge kitchen equipped with stainless appliances and lots of counter space and cabinets. The kitchen and living room take advantage of natural light from an entire wall of Pella windows. Custom shutters, crown molding, custom paint and beautiful built-in closets are a plus. Get lost in this gorgeous fully hardscaped and landscaped backyard with koi pond, lighted fountains and recently updated deck and balcony. Top it off with a 3 car garage for ample storage and parking. The master bedroom features a nice size patio for admiring the lush tropical backyard and a huge walk-in closet. Great location close to schools, shopping, parks, 15 and 215 freeways etc. Hurry before it's gone!

Last Agent to Sell the Property

Jeff Rose

Berkshire Hathaway HomeServices California Properties License #01262874 Listed on: 06/17/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Charmaine White

Berkshire Hathaway HomeServices California Properties License #01809145

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,988

Year Built

  • Built in 1998

Lot Details

  • 7,405

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,783 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Family Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 947352023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,988

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947352023
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1783.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 329.78
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Murrieta

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.29
  • Tax Lot: 55
  • Tax Tract: 22077C
  • Tax Tract Number: 22077C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 30, 2021
Sold by
Taylor Aaron Michael
Bought by
Panis Christopher and Panis Janice
Seller's Agent
Jeff Rose
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Charmaine White
Berkshire Hathaway HomeServices California Properties
List Price
$575,000
Sold Price
$588,000
Premium/Discount to List
$13,000
2.26%
Current Estimated Value
$654,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,524
Avg. Annual Appreciation
2.65%
Original Mortgage
$588,000
Interest Rate
2.96%
Mortgage Type
VA

Purchase Details

Listed on
Apr 10, 2019
Closed on
Apr 16, 2019
Sold by
Middaugh Adam M and Middaugh Stephanie J
Bought by
Taylor Aaron Michael
Seller's Agent
Trista Bouchard
Realty Co-Op
Buyer's Agent
Tricia Mast
Premiere Properties
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$391,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2018
Closed on
May 31, 2018
Sold by
Ramirez Deanna
Bought by
Middaugh Adam M and Middaugh Stephanie J
Seller's Agent
Eileen West
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Adam Middaugh
Nationwide Real Estate Execs
List Price
$419,900
Sold Price
$427,000
Premium/Discount to List
$7,100
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$384,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jul 9, 2014
Sold by
Mcadoo Jackie A
Bought by
Ramirez Deanna
Seller's Agent
Jennifer Lukus
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Cheryl Johnson
Premier Agent Network
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Aug 19, 1998
Sold by
M J Brock & Sons Inc
Bought by
Mcadoo Jackie A and Mcadoo Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,250
Interest Rate
6.88%
Mortgage Type
VA
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
Panis Christopher $588,000 Landwood Title
Taylor Aaron Michael $440,000 Usa National Title
Middaugh Adam M $427,000 First American Title Company
Ramirez Deanna $355,000 Landwood Title
Mcadoo Jackie A $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panis Christopher $598,500
Closed Panis Christopher $588,000
Previous Owner Taylor Aaron Michael $391,500
Previous Owner Middaugh Adam M $384,750
Previous Owner Mcadoo Jackie A $177,350
Previous Owner Mcadoo Jackie A $100,000
Previous Owner Mcadoo Jackie A $210,000
Previous Owner Mcadoo Jackie A $180,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $588,000 0.0% $330 / Sq Ft
06/21/2021 06/21/21 Off Market $588,000 -- --
06/18/2021 06/18/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $575,000 +32.2% $322 / Sq Ft
05/03/2019 05/03/19 Sold $435,000 -3.1% $244 / Sq Ft
04/14/2019 04/14/19 Price Changed $449,000 +3.2% $252 / Sq Ft
04/10/2019 04/10/19 For Sale $435,000 +1.9% $244 / Sq Ft
06/19/2018 06/19/18 Sold $427,000 +1.7% $239 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $419,900 +18.3% $236 / Sq Ft
08/20/2014 08/20/14 Sold $355,000 0.0% $199 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $355,000 -- $199 / 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 $6,988 $629,498 $132,651 $496,847
2023 $6,988 $599,760 $127,500 $472,260
2022 $6,905 $588,000 $125,000 $463,000
2021 $5,376 $453,448 $128,820 $324,628
2020 $5,323 $448,800 $127,500 $321,300
2019 $5,092 $435,540 $130,662 $304,878
2018 $4,404 $374,971 $63,375 $311,596
2017 $4,344 $367,620 $62,133 $305,487
2016 $4,287 $360,413 $60,915 $299,498
2015 $4,241 $355,000 $60,000 $295,000
2014 $2,653 $223,788 $38,357 $185,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21078461

California Regional Multiple Listing Service (CRMLS)

APN: 947-352-023