NOT LISTED FOR SALE

40242 Patchwork Ln Murrieta, CA 92562

Estimated Value: $773,682 - $827,000

4 Beds
3 Baths
2,316 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $795,000 $343 Per Sq Ft

Current estimated payment $4,609/month

4 Days on Market

Highlights

  • Private Pool
  • Main Floor Bedroom
  • No HOA
  • Tovashal Elementary School Rated A
  • Granite Countertops
  • Neighborhood Views

About This Home

As of September 2024

Discover this beautiful upgraded 4-bedroom, 3-bathroom home with a 3-car garage, nestled in a highly sought-after Murrieta neighborhood. Perfect for family living, this home features a PebbleTec saltwater pool, spa, and a detached versatile office/workout room. Located in a top-rated school district and close to shopping, dining, and more, convenience is at your doorstep. Pride of ownership is evident throughout with high ceilings, abundant natural light, window shutters, and elegant crown molding. The chef’s kitchen boasts granite countertops, a Viking cooktop, and freshly painted cabinets in 2024 with new hardware. Recent upgrades include vinyl plank flooring and baseboards installed in 2023, new carpet in 2022, a new oven in 2022, and a new dishwasher in 2023. Additional improvements include a new AC unit and water heater in 2021, fresh interior and exterior paint in 2022, and a backyard sprinkler system upgrade this year. The pool was enhanced with PebbleTec, new tile, and equipment in 2019, with a new pool heater added in 2022. The primary suite offers a serene retreat, while the pool and spa provide the perfect setting for outdoor relaxation and entertainment. Solar panels, along with a whole house fan, boost the home’s energy efficiency. With no HOA and low taxes, this property is a rare find in an ideal location. Don’t miss out—contact us today to schedule your private tour!

Last Agent to Sell the Property

Bobejo Kelley

Keller Williams Premier Prop. Brokerage Phone: 310-846-3017 License #02085097 Listed on: 08/14/2024

Keller Williams Premier Prop.

Last Buyer's Agent

Vanessa Clifford

First Team Real Estate License #01868287

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 7,405 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Private Pool
  • Spa

Schools

  • Tovashal Elementary School
  • Thompson Middle School
  • Murrieta Valley High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 22490
  • Assessor Parcel Number 947313017
  • $224 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947313017
  • Year Built: 1996
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2316.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 343.26
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Tovashal
  • High School: Murrieta Valley
  • Middle Or Junior School: Thompson
  • Elementary School #2: TOVASH
  • High School2: MURVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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: 432.27
  • Tax Lot: 35
  • Tax Tract Number: 22490
  • TaxOtherAnnualAssessmentAmount: 224.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 28, 2024
Sold by
Waters James A and Waters Tonya
Bought by
Gray Tamara Lynne
Seller's Agent
Bobejo Kelley
Keller Williams Premier Prop.
Buyer's Agent
Vanessa Clifford
First Team Real Estate
List Price
$749,888
Sold Price
$795,000
Premium/Discount to List
$45,112
6.02%
Views
50
Current Estimated Value
$792,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,079
Avg. Annual Appreciation
-0.20%

Purchase Details

Closed on
Oct 10, 2019
Sold by
Waters James A
Bought by
Waters James A and Waters Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2015
Sold by
Waters James A
Bought by
Waters James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,551
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2015
Sold by
Waters Tonya J
Bought by
Waters James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,551
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2008
Sold by
Gabriel John H and Gabriel Trude M
Bought by
Waters James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,974
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2008
Sold by
Gabriel John H and Gabriel Trude M
Bought by
Gabriel John H and Gabriel Trude M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,974
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2006
Sold by
Glassey Roy W and Glassey Diane M
Bought by
Gabriel John H and Gabriel Trude M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Sold by
Richmond American Homes Of Ca Inc
Bought by
Glassey Roy W and Glassey Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
8.09%
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
Gray Tamara Lynne $795,000 Ticor Title
Waters James A -- Fidelity Natl Ttl Inland Emp
Waters James A -- Nations Title Company
Waters James A -- Nations Title Company
Waters James A $390,000 Landwood Title
Gabriel John H -- None Available
Gabriel John H $539,000 Chicago Title Company
Glassey Roy W $167,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waters James A $392,755
Previous Owner Waters James A $360,551
Previous Owner Waters James A $383,974
Previous Owner Gabriel John H $200,000
Previous Owner Glassey Roy W $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $795,000 +6.0% $343 / Sq Ft
08/23/2024 08/23/24 For Sale $749,888 -5.7% $324 / Sq Ft
08/20/2024 08/20/24 Off Market $795,000 -- --
08/14/2024 08/14/24 For Sale $749,888 -- $324 / 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 $5,544 $795,000 $238,501 $556,499
2023 $5,544 $482,705 $160,897 $321,808
2022 $5,521 $473,242 $157,743 $315,499
2021 $5,416 $463,963 $154,650 $309,313
2020 $5,361 $459,207 $153,065 $306,142
2019 $5,237 $448,240 $149,760 $298,480
2018 $5,041 $431,000 $144,000 $287,000
2017 $4,920 $418,000 $139,000 $279,000
2016 $4,914 $415,000 $138,000 $277,000
2015 $4,738 $398,000 $133,000 $265,000
2014 -- $373,000 $124,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24157712

California Regional Multiple Listing Service (CRMLS)

APN: 947-313-017