NOT LISTED FOR SALE

40486 Melrose Dr Temecula, CA 92591

Estimated Value: $713,000 - $784,000

4 Beds
3 Baths
2,155 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $749,635 $348 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,281/month

Highlights

  • Solar Power System
  • Private Yard
  • 2 Car Attached Garage
  • Ysabel Barnett Elementary School Rated A
  • Community Pool
  • Laundry Room

About This Home

As of January 2025

Brand new construction home in the heart of Temecula featuring 4 bedrooms, 3 bathrooms, with one full bedroom and bathroom downstairs. Open concept floor plan flooded with tons of natural light brings you this exquisite home built by Meritage Homes. Featuring solar power and new landscaping to be installed and new window treatments. Upstairs features your gorgeous primary bedroom with a spacious walk-in closet, two secondary bedrooms, a loft perfect for an office or second living room, and full sized laundry room. Right next to the community pool and jacuzzi this home is well positioned in the complex. Close access to freeways 15, 215, Costco, Macy's, Trader Joe's, restaurants, banking, shopping, and more. This is a must see!

Last Agent to Rent the Property

Andrew Tseng

Coldwell Banker Realty License #02002834 Listed on: 01/03/2025

Coldwell Banker Realty

Last Renter's Agent

Andrew Tseng

Coldwell Banker Realty License #02002834 Listed on: 01/03/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 3,049

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,155 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Solar Power System
  • Private Yard

Community Details

  • Community Pool

Listing and Financial Details

  • Requirements for Move-In include 1 month rent, credit report, security deposit
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 916-740-053

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

Parking

2

Rental Info

  • Lease Required: Yes
  • Move In Requirements: 1 Month Rent, Credit Report, Security Deposit
  • Rental Type: Residential

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Rental Residential Styles: Detached
  • Cross Street: Birchfield Dr
  • Neighborhood: Temecula
  • LP / Sq Ft: 1.67
  • Price Per Sq Ft: 1.67
  • Stories: 2 Story
  • Price Reflects: Monthly
  • Total Stories: 2
  • Year Built: 2024
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Bedrooms: 4
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2155
  • Total Bathrooms: 3

Exterior Features

  • Pool: Community/Common
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: TEMECULA

Lot Info

  • Assessor Parcel Number: 916-740-053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 25, 2024
Sold by
Meritage Homes Of California Inc
Bought by
Ma Liangping and Yi Ashley
Seller's Agent
Michelle Shepherd
Meritage Homes of California
Buyer's Agent
Andrew Tseng
Coldwell Banker Realty
List Price
$749,635
Sold Price
$749,635
Views
8
Current Estimated Value
$744,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,330
Avg. Annual Appreciation
-0.53%
Original Mortgage
$562,151
Outstanding Balance
$556,396
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$187,909
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
Ma Liangping $750,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Liangping $562,151
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2025 01/29/25 Rented $3,600 0.0% --
01/03/2025 01/03/25 For Rent $3,600 0.0% --
09/25/2024 09/25/24 Sold $749,635 0.0% $348 / Sq Ft View Prior Sale
08/12/2024 08/12/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $749,635 0.0% $348 / Sq Ft
08/09/2024 08/09/24 For Sale $749,635 +3.6% $348 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $723,295 -- $336 / Sq Ft
Source: San Diego MLS

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 $4,938 $749,635 $199,999 $549,636
2023 $4,938 $84,945 $84,945 --
2022 $1,128 $83,280 $83,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250000123

San Diego MLS

APN: 916-740-053