NOT LISTED FOR SALE

40142 Patchwork Ln Murrieta, CA 92562

Estimated Value: $697,529 - $837,000

4 Beds
3 Baths
2,567 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $374,900 $146 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,463/month

24 Days on Market

Highlights

  • Mediterranean Architecture
  • No HOA
  • Eat-In Kitchen
  • Tovashal Elementary School Rated A
  • 3 Car Attached Garage
  • Walk-In Closet

About This Home

As of November 2013

Lovely Home...newly updated! Dramatic entry greats you with a step down to the living room and two-sided fireplace.
Big picture windows bring in the outdoors, boasting a spacious yard, freshly landscaped!
New granite counters and stainless steel appliances accent the kitchen set next to the open Family room.
One room on the first floor with bath. The master is oversized with walk-in closet and master bath has a tub and separate shower.
2 other rooms are set up with a shared bathroom between them ( Jack& Jill )
3 car garage with new epoxy floor. Side fencing is vinyl with concrete patio area.
This is a must have location, in a low tax rate area and No HOA!

Last Agent to Sell the Property

Karen Myatt

Century 21 Masters License #01048979 Listed on: 09/27/2013

Century 21 Masters

Last Buyer's Agent

Pablo Velasquez

Advance Realty License #00943251

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Vinyl Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinkler System
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,567 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Additional Features

  • Concrete Porch or Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Premier

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 22490
  • Assessor Parcel Number 947313012

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947313012
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2567.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Fireplace Features: Dining Room, Family Room
  • Levels: Two
  • Price Per Square Foot: 146.05
  • Room Type: Entry, Jack & Jill, Master Bedroom, Walk-In Closet, Separate Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Premier
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard, Lot 6500-9999, Level with Street, Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 22490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Oct 24, 2013
Sold by
Nick David S and Nick Christa N
Bought by
Ponce Jorge M Perez and Perez Alma A
Seller's Agent
Karen Myatt
Century 21 Masters
Buyer's Agent
Pablo Velasquez
Advance Realty
List Price
$375,000
Sold Price
$374,900
Premium/Discount to List
-$100
-0.03%
Current Estimated Value
$772,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,232
Avg. Annual Appreciation
6.13%
Original Mortgage
$299,920
Outstanding Balance
$213,965
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$558,168

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jun 28, 2013
Sold by
Green Robert J and Green Suzanne T
Bought by
Nick David S and Nick Christa N
Seller's Agent
Karen Myatt
Century 21 Masters
Buyer's Agent
Karen Myatt
Century 21 Masters
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.94%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Kondo John F and Okazaki Donna Lee R
Bought by
Green Robert J and Green Suzanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ponce Jorge M Perez $375,000 Stewart Title Riverside
Nick David S $275,000 Stewart Title Riverside
Green Robert J $176,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Jorge M Perez $299,920
Previous Owner Green Robert J $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2013 11/20/13 Sold $374,900 +0.1% $146 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
10/16/2013 10/16/13 Price Changed $374,500 -0.1% $146 / Sq Ft
09/27/2013 09/27/13 For Sale $375,000 +36.4% $146 / Sq Ft
08/01/2013 08/01/13 Sold $275,000 -1.8% $107 / Sq Ft View Prior Sale
06/16/2013 06/16/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $280,000 -- $109 / 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 $5,114 $462,215 $73,543 $388,672
2023 $5,114 $444,268 $70,688 $373,580
2022 $5,093 $435,557 $69,302 $366,255
2021 $4,968 $424,567 $67,944 $356,623
2020 $4,918 $420,215 $67,248 $352,967
2019 $4,825 $411,977 $65,930 $346,047
2018 $4,733 $403,900 $64,639 $339,261
2017 $4,668 $395,981 $63,372 $332,609
2016 $4,606 $388,218 $62,130 $326,088
2015 $4,557 $382,389 $61,198 $321,191
2014 $4,362 $374,900 $60,000 $314,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13197566

California Regional Multiple Listing Service (CRMLS)

APN: 947-313-012