NOT LISTED FOR SALE

40350 Salem Way Temecula, CA 92591

Harveston Neighborhood

Estimated Value: $769,812 - $850,000

4 Beds
2.5 Baths
2,528 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $474,000 $188 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,021/month

28 Days on Market

Highlights

  • Fitness Center
  • Craftsman Architecture
  • Clubhouse
  • Ysabel Barnett Elementary School Rated A
  • Community Lake
  • Community Pool

About This Home

As of July 2017

RARE & GORGEOUS Harveston Lake Home. Truly decadent and opulent. No detail overlooked in this BETTER than model appointed gem. 4 beds and 2.5 baths in this very tasteful floorplan and Highly upgraded home. Plantation Shutters throughout, Hand scraped wood plank flooring, 6" Baseboards, Custom Built-in Entertainment, Newer kitchen w/Giallo granite and commercial grade oversized utility island sink, under cabinet lighting, recently remodeled downstairs bath... Buying in Harveston is a lifestyle improvement! Neighborhoods: Harveston Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Todd Whaples

Whaples Realty License #01488741 Listed on: 06/05/2017

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 4,791 Sq Ft Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Stucco

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 916482003

Community Details

Overview

  • Harveston Community Assoc Association, Phone Number (800) 428-5588
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$95 per month

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Harveston
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 916482003
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2528.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 187.50

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Biking Trails, Clubhouse, Gym/Ex Room, Lake or Pond, Picnic Area, Playground, Spa/Hot Tub, Barbecue, Pool
  • Association Fee: 95.00
  • Association Fee Frequency: Monthly
  • Association Name: Harveston Community Assoc
  • Phone: 800-428-5588

Lot Info

  • Lot Size Sq Ft: 4791.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4791.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 6, 2017
Sold by
Masters Adam
Bought by
Zhang Hao and Wang Hua
Seller's Agent
Todd Whaples
Whaples Realty
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$495,000
Sold Price
$474,000
Premium/Discount to List
-$21,000
-4.24%
Current Estimated Value
$813,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,453
Avg. Annual Appreciation
6.55%
Original Mortgage
$379,200
Outstanding Balance
$315,138
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$498,315

Purchase Details

Closed on
Sep 6, 2016
Sold by
Masters Merrilee
Bought by
Masters Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 8, 2013
Sold by
Wedgewood Reo I Llc
Bought by
Masters Adam and Masters Merrilee
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Thomas Olsewski
NON-MEMBER/NBA or BTERM OFFICE
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$361,721
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 12, 2013
Sold by
Martingale Investments Llc
Bought by
Wedgewood Reo I Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Thomas Olsewski
NON-MEMBER/NBA or BTERM OFFICE
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,721
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2013
Sold by
Lacy Bernita Latrice
Bought by
Martingale Investments Llc

Purchase Details

Closed on
May 10, 2005
Sold by
Greystone Homes Inc
Bought by
Lacy Bernita Latrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,300
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Hao $474,000 Fidelity National Title Comp
Masters Adam -- Lawyers Title
Masters Adam $395,000 Title 365
Masters Adam -- Title 365
Wedgewood Reo I Llc -- Accommodation
Martingale Investments Llc $340,000 Title 365
Lacy Bernita Latrice $488,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Hao $379,200
Previous Owner Masters Adam $349,500
Previous Owner Masters Adam $361,721
Previous Owner Lacy Bernita Latrice $389,300
Closed Lacy Bernita Latrice $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2017 07/25/17 Sold $474,000 -4.2% $188 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $495,000 +25.3% $196 / Sq Ft
08/09/2013 08/09/13 Sold $395,000 -1.2% $156 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $399,900 -- $158 / 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 $7,305 $539,327 $113,781 $425,546
2023 $7,305 $518,385 $109,363 $409,022
2022 $7,153 $508,221 $107,219 $401,002
2021 $7,040 $498,257 $105,117 $393,140
2020 $6,977 $493,149 $104,040 $389,109
2019 $6,889 $483,480 $102,000 $381,480
2018 $6,775 $474,000 $100,000 $374,000
2017 $6,327 $443,606 $81,686 $361,920
2016 $5,934 $409,032 $62,130 $346,902
2015 $5,852 $402,891 $61,198 $341,693
2014 $5,713 $395,000 $60,000 $335,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Todd Whaples

    Whaples Realty

    Section Image

  • O

    Buyer's Agent in 2017

    Out of Area Agent

    Out of Area Office

  • P

    Seller's Agent in 2013

    Polly Watts

    Sundae Homes

    Section Image

  • T

    Buyer's Agent in 2013

    Thomas Olsewski

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170029134

California Regional Multiple Listing Service (CRMLS)

APN: 916-482-003

California Riverside County Temecula 92591 Harveston

40350 Salem Way, Temecula, CA

Not Listed for Sale

Detached

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