NOT LISTED FOR SALE

40302 Salem Way Temecula, CA 92591

Harveston Neighborhood

Estimated Value: $767,818 - $844,000

4 Beds
2.5 Baths
2,443 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $425,000 $174 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,893/month

384 Days on Market

Highlights

  • Guest House
  • Open Floorplan
  • Secondary bathroom tub or shower combo
  • Ysabel Barnett Elementary School Rated A
  • Cathedral Ceiling
  • Great Room with Fireplace

About This Home

As of October 2017

This is a Short Sale. The Auction Period has Begun. It will run from today (July 1st through July 6th). Go to the Xome Website to place your Bids. This Property is in a nice neighborhood. Needs some work. You enter through the front door and you are in the Courtyard. There is a Separate Casita with it's own Entrance from the Courtyard and also from the Front Porch. But there is no Bathroom or Closet. Just a fairly large room finished room with all tile flooring. Even though this is a Short Sale, it should be a fairly easy process.

Last Agent to Sell the Property

Michele Mayer

Bennion Deville Homes License #01360292 Listed on: 06/15/2016

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 2005

Lot Details

  • 5,663 Sq Ft Lot
  • Home has East and West Exposure
  • Fenced
  • Landscaped
  • Sprinklers on Timer
  • Private Yard
  • Front Yard

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,443 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace With Glass Doors
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Family Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Driveway

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 916481002

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,742

Year Built

Built in 2005

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: Two
  • Builders Tract Code: NA209
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 173.97
  • Lp Sp Ratio: 1.0000
  • Year Built: 2005
  • Listing I D: 216025470
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: 76

Interior Features

  • Appliances: Dishwasher, Electric Oven, Microwave Oven, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Cathedral Ceiling(s), Two Story Ceilings, Open Floorplan, High Ceilings (9 Ft+)
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Up
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub, Shower Stall, Shower Over Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Island, Granite Slab Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2443.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Foundation: Slab

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Unknown
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Barbecue, Picnic Area
  • HOA Information: Yes
  • HOA Fee 1: 95.00
  • Total Monthly Association Fees: 95.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 916481002
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1300
  • Lot Description: Curbs, Yard, Utilities Underground, Sidewalks, Landscaped, Front Yard, Fenced
  • Lot Size: 5663.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 1, 2017
Sold by
Munshower Nate
Bought by
Chang Chih Min
Seller's Agent
Michele Mayer
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$385,000
Sold Price
$425,000
Premium/Discount to List
$40,000
10.39%
Current Estimated Value
$798,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,955
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Greystone Homes Inc
Bought by
Munshower Nate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Chang Chih Min $425,000 Orange Coast Title Company
Munshower Nate $500,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munshower Nate $399,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $425,000 0.0% $174 / Sq Ft
08/18/2017 08/18/17 Price Changed $425,000 +10.4% $174 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $385,000 0.0% $158 / Sq Ft
06/02/2017 06/02/17 Price Changed $385,000 -9.4% $158 / Sq Ft
10/30/2016 10/30/16 Off Market $425,000 -- --
06/15/2016 06/15/16 For Sale $360,000 -- $147 / Sq Ft
Source: California Desert Association of REALTORS®

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 $6,742 $483,573 $113,781 $369,792
2023 $6,742 $464,797 $109,363 $355,434
2022 $6,606 $455,684 $107,219 $348,465
2021 $6,504 $446,750 $105,117 $341,633
2020 $6,446 $442,170 $104,040 $338,130
2019 $6,366 $433,500 $102,000 $331,500
2018 $6,261 $425,000 $100,000 $325,000
2017 $6,847 $462,000 $166,000 $296,000
2016 $6,762 $452,000 $163,000 $289,000
2015 $6,640 $443,000 $159,000 $284,000
2014 $6,101 $401,000 $144,000 $257,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michele Mayer

    Bennion Deville Homes

  • O

    Buyer's Agent in 2017

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216025470

California Desert Association of REALTORS®

APN: 916-481-002

California Riverside County Temecula 92591 Harveston

40302 Salem Way, Temecula, CA

This home is located at 40302 Salem Way, Temecula, CA 92591 since 15 June 2016 and is currently estimated at $798,955, approximately $327 per square foot. This property was built in 2005. 40302 Salem Way is a home located in Riverside County with nearby schools including Ysabel Barnett Elementary School, James L. Day Middle School, and Chaparral 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 Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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