RENTED JUN 25, 2026

40472 Melrose Dr Temecula, CA 92591

Estimated Value: $613,000 - $705,323

3 Beds
2.5 Baths
1,851 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2024

Last sale price $699,545 $378 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,801 / mo

Highlights

  • Spa
  • Solar Power System
  • Granite Countertops
  • Ysabel Barnett Elementary School Rated A
  • City Lights View
  • Private Yard

About This Home

As of June 2026

Welcome to a perfectly kept, move-in ready home in the highly sought-after Valiant at Heirloom Farms community. This three-bedroom home offers an open-concept layout centered around a well-appointed kitchen with white shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting. All 3 bedrooms and laundry room are located upstairs. The primary suite offers dual sinks, quartz countertops, and a spacious walk-in closet. Durable LVP flooring runs throughout the main level, while new carpet adds warmth upstairs. Low maintenance private outdoor space features turf and deck. Enjoy 8 fully paid-off solar panels that have eliminated electric bills, making this home exceptionally energy efficient with ultra-low utility costs. This community offers residents amenities for the whole family, including a sparkling pool and spa, dog park, playgrounds, and scenic walking paths. Conveniently located near shopping, dining, award-winning Temecula schools, wineries, and major commuter routes.

Last Agent to Rent the Property

Lisa Liu

Sunshine Realty Brokerage Phone: 951-514-0988 License #01390108 Listed on: 06/24/2026

Last Renter's Agent

Lisa Liu

Sunshine Realty Brokerage Phone: 951-514-0988 License #01390108 Listed on: 06/24/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 2,879 Sq Ft Lot
  • Vinyl Fence
  • Private Yard

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family or Dining Combination
  • City Lights Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $3,300
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 6/24/26
  • Tax Lot 80
  • Tax Tract Number 37509
  • Assessor Parcel Number 916740051

Community Details

Overview

  • Front Yard Maintenance
  • Heirloom Farms Association

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

2,879 Sq Ft Lot

HOA Fees

$145 per month

Parking

2

Rental Info

  • Cashiers Check: Credit Report
  • Available Date: 2026-06-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 3300
  • Furnished: Unfurnished
  • Pets Allowed: Dogs OK, Cats OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 916740051
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1851.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.78
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island, Granite Counters

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, Tankless Water Heater, ENERGY STAR Qualified Water Heater, Gas Range, Electric Oven
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard, Pool, Barbecue, Spa/Hot Tub
  • Association Fee: 145.00
  • Association Fee Frequency: Monthly
  • Association Name: Heirloom Farms
  • Phone: 554-033852
  • Senior Community: No
  • Community Features: Street Lights, Park

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2879.00
  • Lot Size Acres: 0.0661

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2879.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection

Tax Info

  • Tax Lot: 80
  • Tax Tract Number: 37509

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 2, 2024
Sold by
Bought by
Seller's Agent
Michelle Shepherd
Meritage Homes of California
Buyer's Agent
Lisa Liu
Sunshine Realty
List Price
$683,295
Sold Price
$699,545
Premium/Discount to List
$16,250
2.38%
Views
9
Current Estimated Value
$685,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,428
Avg. Annual Appreciation
-1.66%
Original Mortgage
$250,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2026 06/25/26 Rented $3,300 0.0% --
06/24/2026 06/24/26 Off Market $3,300 -- --
06/24/2026 06/24/26 For Rent $3,300 -2.9% --
09/29/2024 09/29/24 Rented $3,400 -2.3% --
09/22/2024 09/22/24 Off Market $3,480 -- --
09/12/2024 09/12/24 Price Changed $3,480 -4.7% $2 / Sq Ft
08/24/2024 08/24/24 For Rent $3,650 0.0% --
08/16/2024 08/16/24 Sold $699,545 +2.4% $404 / Sq Ft View Prior Sale
06/18/2024 06/18/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $683,295 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,454 $682,795 $174,999 $507,796
2023 $4,765 $79,982 $79,982 --
2022 $1,062 $78,414 $78,414 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW26136455

California Regional Multiple Listing Service (CRMLS)

APN: 916-740-051

Your Personal Tour Guide

Ask me questions while you tour the home.