Seller's Agent in 2020
Allison Gelbrich
Dreamscape Real Estate
(951) 710-0382
5 in this area
113 Total Sales
40345 Salem Way Temecula, CA 92591
Harveston NeighborhoodEstimated Value: $784,000 - $843,000
4
Beds
2.5
Baths
2,528
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Boathouse
- Spa
- Clubhouse
- Ysabel Barnett Elementary School Rated A
- Community Lake
- Granite Countertops
About This Home
As of October 2020Welcome home to 40345 Salem Way located in the highly desirable community of Lake Harveston! This home boasts 4bd, 2.5ba, 2528 Sq Ft, 3 car tandem garage, carport and freshly painted exterior! Upon entry, you will be greeted by your formal living room to the left and forming dining room to your right. Wide center hall with staircase leads you to your chefs kitchen and breakfast nook perfect for built-in booth seating. Kitchen features upgraded cabinetry, granite counters, center island, butlers pantry and white appliances. Adjacent family room has a cozy fireplace and direct access to backyard great for family gatherings. Seperate french doors off kitchen leads you to covered carport. All bedrooms upstairs including master suite with dual sinks, seperate tub and shower and walk-in closet. Three more bedrooms (two having walk-in closets) down the hall, guest bathroom with dual sinks, built-in office work desk area and laundry conventiently located upstairs. Short distance to award winning Temecula schools, nearby lake with catch and release fishing, boat dock, parks, walking trails, sports park and playground. Clear termite report already on file!
Last Agent to Sell the Property
Dreamscape Real Estate License #01754152 Listed on: 08/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,683
Year Built
- Built in 2005
Lot Details
- 4,792 Sq Ft Lot
- Private Yard
- Back and Front Yard
HOA Fees
- $95 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Carport
- Parking Available
- Tandem Parking
Home Design
- Stucco
Interior Spaces
- 2,528 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Family Room with Fireplace
- Family Room Off Kitchen
- Dining Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Spa
- Slab Porch or Patio
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 30668
- Assessor Parcel Number 916480010
Community Details
Overview
- Harveston Association, Phone Number (951) 693-4076
- Harveson Community Association
- Community Lake
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Boathouse
- Boat Dock
- Community Playground
- Community Pool
- Community Spa
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2020
Closed on
Sep 9, 2020
Sold by
Dok Sareth and Chan Shina B
Bought by
Malhotra Rohit and Malhotra Areli
Seller's Agent
Allison Gelbrich
Dreamscape Real Estate
Buyer's Agent
Victor Hernandez
First American Realty Group
List Price
$527,000
Sold Price
$527,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,885
Avg. Annual Appreciation
9.05%
Original Mortgage
$510,400
Outstanding Balance
$452,946
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$358,939
Purchase Details
Closed on
Jul 27, 2009
Sold by
Yu Johnny Chun Yuan and Hung Nancy Ming
Bought by
Dok Sareth and Chan Shina B
Purchase Details
Closed on
Apr 25, 2005
Sold by
Greystone Homes Inc
Bought by
Yu Johnny Chun-Yuan and Hung Nancy Ming
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,750
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malhotra Rohit | $527,000 | Lawyers Title Ie | |
| Dok Sareth | $280,000 | Orange Coast Title Company | |
| Yu Johnny Chun-Yuan | $486,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malhotra Rohit | $510,400 | |
| Previous Owner | Yu Johnny Chun-Yuan | $388,750 | |
| Closed | Yu Johnny Chun-Yuan | $72,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $527,000 | 0.0% | $208 / Sq Ft |
| 08/20/2020 08/20/20 | For Sale | $527,000 | 0.0% | $208 / Sq Ft |
| 12/26/2015 12/26/15 | Rented | $2,100 | 0.0% | -- |
| 11/09/2015 11/09/15 | For Rent | $2,100 | +2.4% | -- |
| 01/30/2015 01/30/15 | Rented | $2,050 | -2.4% | -- |
| 12/31/2014 12/31/14 | Under Contract | -- | -- | -- |
| 12/15/2014 12/15/14 | For Rent | $2,100 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,683 | $570,440 | $135,304 | $435,136 |
| 2023 | $7,683 | $548,290 | $130,050 | $418,240 |
| 2022 | $7,519 | $537,540 | $127,500 | $410,040 |
| 2021 | $7,400 | $527,000 | $125,000 | $402,000 |
| 2020 | $5,181 | $330,468 | $70,809 | $259,659 |
| 2019 | $5,120 | $323,989 | $69,421 | $254,568 |
| 2018 | $5,039 | $317,637 | $68,061 | $249,576 |
| 2017 | $4,965 | $311,410 | $66,727 | $244,683 |
| 2016 | $4,928 | $305,305 | $65,419 | $239,886 |
| 2015 | $4,865 | $300,722 | $64,438 | $236,284 |
| 2014 | $4,757 | $294,833 | $63,177 | $231,656 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Gelbrich
-
Victor Hernandez
V
Buyer's Agent in 2020
Victor Hernandez
First American Realty Group
(800) 213-8711
1 in this area
1 Total Sale
-
Jason Coats
Seller's Agent in 2015
Jason Coats
Century 21 Masters
(951) 870-9252
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20163789
APN: 916-480-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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