NOT LISTED FOR SALE

40451 Ariel Hope Way Murrieta, CA 92563

Estimated Value: $745,000 - $805,000

4 Beds
3 Baths
3,258 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $640,000 $196 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,039/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • 3 Car Attached Garage
  • Alta Murrieta Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of November 2021

LOCATION, LOCATION, LOCATION! GREAT SIZE FAMILY HOME 4 BEDROOM 3 BATH WITH LARGE LOFT ( CAN BE FOR ENTERTAINMENT ROOM) BRIGHT AND AIRY FAMILY ROOM WITH FIRPLACE, NICE PATIO WITH COVER TO ENJOY OUTDOOR DURING SUMMMER TIME. CLOSE TO SHOPPING CENTER, RESTAURANT, EASY ACCESS TO 215 AND 15 FWY

Last Agent to Sell the Property

Glen Kwan

Pinnacle Real Estate Group License #01275133 Listed on: 09/19/2021

Pinnacle Real Estate Group

Co-Listed By

Jason Chuah

Wetrust Realty License #01325390

Last Buyer's Agent

Shantae Short

eXp Realty of California Inc License #02096349

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,656

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,258 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Loft
  • Bonus Room
  • Game Room

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 267
  • Tax Tract Number 28379
  • Assessor Parcel Number 916620030
  • $4,288 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,656

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 916620030
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3258.00 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: 196.44
  • Room Type: Bonus Room, Family Room, Game Room, Living Room, Loft, Main Floor Bedroom

Exterior Features

  • 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: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 267
  • Tax Tract Number: 28379
  • TaxOtherAnnualAssessmentAmount: 4288.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Oct 4, 2021
Sold by
Hsu Chenghua
Bought by
West Jessie and West Chauntell Sherie
Seller's Agent
Glen Kwan
Pinnacle Real Estate Group
Buyer's Agent
Shantae Short
eXp Realty of California Inc
List Price
$638,000
Sold Price
$640,000
Premium/Discount to List
$2,000
0.31%
Current Estimated Value
$777,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,287
Avg. Annual Appreciation
4.99%
Original Mortgage
$663,040
Outstanding Balance
$604,631
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$172,656

Purchase Details

Closed on
Aug 31, 2021
Sold by
Hsu Chenghua and Hsu Peter Yao
Bought by
Hsu Chenghua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,040
Outstanding Balance
$604,631
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$172,656

Purchase Details

Closed on
Aug 6, 2010
Sold by
Hsu Sumei Lee
Bought by
Hsu Chenghua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2010
Sold by
Lam Nhut Hung Ngo and Lam Debbie Cabrea
Bought by
Hsu Chenghua and Hsu Yao Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Centex Homes
Bought by
Lam Nhut Hung Ngo and Lam Debbie Cabrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,992
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Jessie $640,000 Lawyers Title Company
Hsu Chenghua -- Accommodation
Hsu Chenghua -- Lawyers Title Company
Hsu Chenghua $275,000 Lawyers Title Company
Lam Nhut Hung Ngo $530,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Jessie $663,040
Previous Owner Hsu Chenghua $192,500
Previous Owner Lam Nhut Hung Ngo $423,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $640,000 +0.3% $196 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $638,000 -- $196 / Sq Ft
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 $11,656 $679,172 $116,732 $562,440
2023 $11,656 $652,800 $112,200 $540,600
2022 $11,592 $640,000 $110,000 $530,000
2021 $7,998 $325,482 $71,011 $254,471
2020 $7,958 $322,145 $70,283 $251,862
2019 $7,912 $315,829 $68,905 $246,924
2018 $7,841 $309,637 $67,555 $242,082
2017 $7,800 $303,567 $66,231 $237,336
2016 $7,717 $297,616 $64,933 $232,683
2015 $7,776 $293,147 $63,958 $229,189
2014 $7,629 $287,406 $62,706 $224,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21206487

California Regional Multiple Listing Service (CRMLS)

APN: 916-620-030