NOT LISTED FOR SALE

40329 Cambridge St Murrieta, CA 92563

Vintage Reserve Neighborhood

Estimated Value: $790,486 - $854,000

4 Beds
3 Baths
3,137 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $710,000 $226 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,208/month

26 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • 3 Car Attached Garage
  • Buchanan Elementary School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2021

Incredible opportunity to own this former model home with main floor bedroom, possible RV parking and loads of upgrades in the highly sought after community of Vintage Reserve located at the border of Murrieta and Temecula just across from Harveston. Super low tax rate and No HOA's keep the home affordable! Enter through French doors to the elegant foyer and living room with dramatic 20 foot ceilings and 2nd story windows. Upgraded kitchen with granite counters, stainless appliances, center island and pantry, all wide open to the spacious family room with fireplace. Main floor bedroom/office with adjacent bathroom. 2nd floor has 3 huge bedrooms and loft option which could easily be a 5th bedroom. Roomy primary bedroom suite with 3 large closets and 5 piece master bath. Jack and Jill bath shared by the secondary bedrooms. Dramatic stairway and bridge with open handrailing that overlooks the main floor. Possibility for RV parking on the side of the home behind fenced yard. Large back yard without neighbors right behind. Solar panels on power purchase agreement allow you to just pay for the power you use, at a rate discounted from what the utility company charges! - SAVES YOU MONEY! Located close to parks, top rated schools, Temecula mall, award winning wineries and with easy freeway access for commuters.

Last Agent to Sell the Property

Goran Forss

Team Forss Realty Group License #01711806 Listed on: 10/02/2021

Co-Listed By

Matt Tibbetts

Team Forss Realty Group License #01911091

Last Buyer's Agent

Steve Olivares

Golden Eagle Properties License #02046800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 3,137 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 29218
  • Assessor Parcel Number 916315004
  • $700 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2001

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: 916315004
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3137.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 226.33
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: 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: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • 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: 505.00
  • Tax Lot: 40
  • Tax Tract Number: 29218
  • TaxOtherAnnualAssessmentAmount: 700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 10, 2021
Sold by
Langus Matthew M and Langus Gloria J
Bought by
Espinoza Scott L and Espinoza Irene G
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
Steve Olivares
Golden Eagle Properties
List Price
$700,000
Sold Price
$710,000
Premium/Discount to List
$10,000
1.43%
Current Estimated Value
$831,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,622
Avg. Annual Appreciation
3.87%
Original Mortgage
$735,560
Outstanding Balance
$674,574
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$157,048

Purchase Details

Closed on
Jan 14, 2021
Sold by
Langus Natalia
Bought by
Langus Matthew T

Purchase Details

Closed on
Dec 26, 2013
Sold by
Langus Matthew M and Langus Gloria J
Bought by
Langus Matthew M and Langus Gloria J

Purchase Details

Closed on
Mar 12, 2013
Sold by
Gallegos Louis P and Gallegos Gloria R
Bought by
Langus Matthew M and Langus Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2012
Sold by
Gallegos Louis P
Bought by
Gallegos Louis P and Gallegos Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2002
Sold by
Gallegos Gloria R
Bought by
Gallegos Louis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%

Purchase Details

Closed on
Oct 30, 2002
Sold by
Murrieta 172/Af Xxix Llc
Bought by
Gallegos Louis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%
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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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
Espinoza Scott L $710,000 Lawyers Title Company
Langus Matthew T -- None Available
Langus Matthew M -- None Available
Langus Matthew M -- None Available
Langus Matthew M $365,000 Landwood Title
Gallegos Louis P -- None Available
Gallegos Louis P -- First American Title Ins Co
Gallegos Louis P $380,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Scott L $735,560
Previous Owner Langus Matthew M $292,000
Previous Owner Gallegos Louis P $240,000
Previous Owner Gallegos Louis P $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $710,000 0.0% $226 / Sq Ft
10/29/2021 10/29/21 Price Changed $710,000 +1.4% $226 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $700,000 -1.4% $223 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 Off Market $710,000 -- --
10/02/2021 10/02/21 For Sale $700,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,538 $753,457 $132,651 $620,806
2023 $9,538 $724,200 $127,500 $596,700
2022 $9,506 $710,000 $125,000 $585,000
2021 $5,974 $415,230 $68,253 $346,977
2020 $5,935 $410,974 $67,554 $343,420
2019 $5,849 $402,917 $66,230 $336,687
2018 $5,765 $395,018 $64,932 $330,086
2017 $5,706 $387,273 $63,659 $323,614
2016 $5,646 $379,680 $62,411 $317,269
2015 $5,666 $373,979 $61,475 $312,504
2014 $5,524 $366,656 $60,272 $306,384
Source: Public Records

Agents Affiliated with this Home

  • Goran Forss

    Seller's Agent in 2021

    Goran Forss

    Team Forss Realty Group

    (951) 302-1492

    8 in this area

    1,226 Total Sales

    Goran Forss
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Matt Tibbetts

    Team Forss Realty Group

    (951) 553-5556

    1 in this area

    75 Total Sales

    Matt Tibbetts
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Olivares

    Golden Eagle Properties

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21218592

California Regional Multiple Listing Service (CRMLS)

APN: 916-315-004

California Riverside County Murrieta 92563 Vintage Reserve

40329 Cambridge St, Murrieta, CA

Not Listed for Sale

Detached

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