NOT LISTED FOR SALE

40430 Melrose Dr Temecula, CA 92591

Estimated Value: $733,000 - $767,000

4 Beds
3 Baths
2,155 Sq Ft
$347/Sq Ft Est. Value

Highlights

  • New Construction
  • Solar Power System
  • Green Roof
  • Ysabel Barnett Elementary School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of September 2024

Welcome to your dream home at Heirloom Farms by Meritage Homes in beautiful Temecula, California!
This newly constructed 4-bedroom, 3-bathroom single family residence offers 2,155 square feet of modern living space, perfect for families. The home includes a refrigerator, washer and dryer. Backyard is scheduled to be paved and landscaped.

Key Features:

Spacious Bedrooms: Enjoy the luxury of four generously sized bedrooms, including a first-floor bedroom, complete with a full bathroom and walk-in closet.

Elegant Bathrooms: Three full bathrooms ensure convenience and comfort for everyone.

Open-Concept Living: The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for entertaining and family gatherings.

Gourmet Kitchen: The kitchen boasts high-end appliances, ample counter space, and a large island, making it a chef’s delight.

Modern Amenities: This home includes a 2-car attached garage, energy-efficient features, and smart home technology for added convenience and sustainability.

Family-Friendly Amenities: Heirloom Farms offers a range of amenities, including a pool, clubhouse, walking trails, playgrounds, zipline, BBQs, outdoor ping pong, and outdoor seating ensuring fun and relaxation for the whole family.

Top-Rated Schools: Located in the award-winning Temecula Valley Unified School District, with Ysabel Barnett Elementary, James L. Day Middle School, and Chaparral High School nearby.

Convenient Location: Situated off Ynez Road on Heirloom Drive, you’ll have easy access to shopping, dining, and entertainment options in Temecula.

Last Agent to Rent the Property

Raymond Lota

Temecula Valley Property Group License #02237136 Listed on: 08/21/2024

Last Renter's Agent

Raymond Lota

Temecula Valley Property Group License #02237136 Listed on: 08/21/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,119 Sq Ft Lot
  • Vinyl Fence
  • Corner Lot
  • Back Yard

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Common Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,155 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Solar Power System

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Suburban Location

Schools

  • Ysabel Barnett Elementary School
  • James Day Middle School
  • Chaparral High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,599
  • Rent includes association dues, gardener
  • Available 8/27/24
  • Tax Lot 85
  • Tax Tract Number 37509
  • Assessor Parcel Number 916740056

Community Details

Overview

  • Front Yard Maintenance
  • Heimloom Farms Association, Phone Number (760) 575-7494
  • Vintage Group Real Estate HOA
  • Built by Meritage Homes

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$280 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-08-27
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 3599
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Window Coverings, Refrigerator, Washer and Dryer to be provided by Owner.
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System
  • View: No
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 916740056
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2155.00 Square Feet
  • Interior Amenities: Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Family Kitchen, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.72
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Walk-In Closet
  • Window Features: Insulated Windows
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Meritage Homes
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Dog Park, Clubhouse, Maintenance Front Yard
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Heimloom Farms
  • Phone: 7605757494
  • Senior Community: No
  • Community Features: Dog Park, Park, Street Lights, Suburban
  • Association Management: Vintage Group Real Estate

Schools

  • Elementary School: Ysabel Barnett
  • High School: Chaparral
  • Middle Or Junior School: James Day
  • Elementary School #2: YSABAR
  • High School2: CHAPAR2

Green Features

  • Efficiency: Appliances, Insulation, Roof, Thermostat, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size: 3119
  • Lot Size Sq Ft: 3119.00
  • Lot Size Acres: 0.0716

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 3119.0000 Square Feet
  • Management Co: Temecula Valley Property Group
  • Management Co Phone: 9512163125
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 496.00
  • Tax Lot: 85
  • Tax Tract Number: 37509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Meritage Homes Of California Inc
Bought by
Redd Kadiri Veera Prasada and Reddy Godi Divya
Current Estimated Value
$746,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,658
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Redd Kadiri Veera Prasada $764,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redd Kadiri Veera Prasada $572,658
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Rented $3,699 +2.8% --
08/21/2024 08/21/24 For Rent $3,599 -- --
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 $4,961 $747,295 $174,999 $572,296
2023 $4,961 $86,649 $86,649 --
2022 $1,151 $84,950 $84,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24173277

California Regional Multiple Listing Service (CRMLS)

APN: 916-740-056