NOT LISTED FOR SALE

40442 Melrose Dr Temecula, CA 92591

Estimated Value: $698,826 - $711,000

3 Beds
2.5 Baths
1,883 Sq Ft
$374/Sq Ft Est. Value

Highlights

  • Spa
  • City Lights View
  • End Unit
  • Ysabel Barnett Elementary School Rated A
  • Craftsman Architecture
  • Front Porch

About This Home

As of October 2024

Be the first to live in this stunning, brand-new 2-story single family home in the desirable Heirloom community as it is ready for you to move into.
Featuring 3 spacious bedrooms and 2.5 modern bathrooms, this 1,883 sq. ft. residence offers the perfect blend of comfort and style and is located near the community pool and no rear neighbor.

Key Features:

Modern Living: Enjoy an open-concept layout that seamlessly connects the living, dining, and kitchen areas, perfect for entertaining and everyday living.

Gourmet Kitchen: Equipped with new stainless-steel appliances, granite countertops, and shaker-style cabinets, this kitchen is a chef’s delight.

Luxurious Bedrooms: The primary bedroom boasts an en-suite bathroom with dual sinks and a large walk-in closet. Two additional bedrooms share a full bath.

Energy Efficient: Solar panels significantly reduce utility bills, and the home includes energy-efficient appliances.

Convenience: In-unit laundry with a new washer and dryer, central air conditioning, and an attached garage for your convenience.

Pet-Friendly: Cats and dogs are welcome in this pet-friendly home.

Prime Location: Located near highways 15, 215, and 79, this home offers easy access to shopping, dining, and top-rated Temecula schools.

Available Now: Ready for immediate move-in.

Flexible Furnishing: Can be rented furnished or unfurnished based on your needs.

Lease Terms: Minimum 12-month lease or greater, with a preference for long-term tenants.

Don’t miss out on this incredible opportunity to live in a beautiful, brand-new home in one of Temecula’s most sought-after communities.

Last Agent to Rent the Property

Raymond Lota

Temecula Valley Property Group License #02237136 Listed on: 09/18/2024

Last Renter's Agent

Raymond Lota

Temecula Valley Property Group License #02237136 Listed on: 09/18/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 2,818 Sq Ft Lot
  • End Unit
  • Vinyl Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,883 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • ENERGY STAR Qualified Windows
  • City Lights Views
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Spa
  • 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
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,400
  • Available 9/19/24
  • Tax Lot 83
  • Tax Tract Number 37509
  • Assessor Parcel Number 916740054

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Heirloom Farms Association
  • Vintage Real Estate HOA
  • Built by Meritage Homes
  • Valient

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-09-19
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 3400
  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Window Coverings, Washer and Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 916740054
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1883.00 Square Feet
  • Stories: 2
  • Common Walls: End Unit, No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.81
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Window Features: ENERGY STAR Qualified Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights
  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Meritage Homes
  • Patio And Porch Features: Brick, Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Roof: Other
  • Spa: Yes
  • 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
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Maintenance Front Yard
  • Association Fee: 170.00
  • Association Name: Heirloom Farms
  • Senior Community: No
  • Community Features: Park, Street Lights, Suburban
  • Association Management: Vintage 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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2818.00
  • Lot Size Acres: 0.0647

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 2818.0000 Square Feet
  • Management Co: Temecula Valley Property Group
  • Management Co Phone: 951-216-3125
  • Number Of Units In Community: 321
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 496.00
  • Tax Lot: 83
  • 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
Zhang Yan
Current Estimated Value
$703,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
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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List Price
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Purchase History

Date Buyer Sale Price Title Company
Zhang Yan $714,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Yan $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2024 10/05/24 Rented $3,400 0.0% --
09/18/2024 09/18/24 For Rent $3,400 -- --
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 $4,741 $713,545 $175,000 $538,545
2023 $4,741 $78,297 $78,297 --
2022 $1,040 $76,762 $76,762 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24194068

California Regional Multiple Listing Service (CRMLS)

APN: 916-740-054