NOT LISTED FOR SALE

40524 Melrose Dr Temecula, CA 92591

Estimated Value: $697,000 - $732,000

4 Beds
3 Baths
2,155 Sq Ft
$334/Sq Ft Est. Value

Highlights

  • New Construction
  • Spa
  • Clubhouse
  • Ysabel Barnett Elementary School Rated A
  • Open Floorplan
  • Property is near clubhouse

About This Home

As of August 2024

• Beautiful single family home in Temecula, two stories with yards. Year built 2023. Great location, right at the heart of Temecula, across from Audi and Mercedes Benz dealers. Five minutes to the freeway 15 and the Promenade mall. Upgraded, 2,155 square feet, high ceilings (9 feet). 4 bedrooms (one bedroom is on the first floor), 3 baths, 2-car garage, a lot of windows. Great neighborhood, close to shopping centers, restaurants. Short distance to the clubhouse with pool and Jacuzzi. House includes solar system, which reduces the cost of electricity. • Great family room, kitchen and dining room. Upgraded kitchen, white kitchen cabinet, and granite counter top. New appliances including microware, oven, cook top, dishwasher. Pantry room, double sliding door at dining room. • Loft. Great master bedroom with shower, double sinks, walk-in closet, separate toilet room.

Last Agent to Rent the Property

Jonathan Minerick

Homecoin.com Brokerage Phone: 888-400-2513 License #01523060 Listed on: 06/19/2024

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,120 Sq Ft Lot
  • Back Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,155 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Carpet
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Type Unknown

Additional Features

  • Spa
  • Property is near clubhouse

Listing and Financial Details

  • Security Deposit $3,950
  • Available 6/20/24
  • Tax Lot 79
  • Tax Tract Number 37509
  • Assessor Parcel Number 916740050

Community Details

Overview

  • Heirloom Farms Association, Phone Number (855) 403-3852

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$145 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-06-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3950
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 916740050
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2155.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.62
  • Room Type: Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Community
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sauna, Clubhouse
  • Association Fee: 145.00
  • Association Fee Frequency: Monthly
  • Association Name: Heirloom Farms
  • Phone: 855-403-3852
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Heirloom Farms

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Close to Clubhouse
  • Lot Size Sq Ft: 3120.00
  • Lot Size Acres: 0.0716
  • Latitude Manual: 33.53512000

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 3120.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.18
  • Tax Lot: 79
  • Tax Tract Number: 37509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Meritage Homes Of California Inc
Bought by
Tran Ngo Tri and Ngo Vien M
Current Estimated Value
$718,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,665
Interest Rate
6.33%
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
Tran Ngo Tri $636,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Ngo Tri $572,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Rented $3,500 -11.4% --
06/19/2024 06/19/24 For Rent $3,950 +5.3% --
07/01/2023 07/01/23 Rented $3,750 0.0% --
04/10/2023 04/10/23 Price Changed $3,750 +7.1% $2 / Sq Ft
04/07/2023 04/07/23 Price Changed $3,500 -6.7% $2 / Sq Ft
03/16/2023 03/16/23 Price Changed $3,750 -5.1% $2 / Sq Ft
03/12/2023 03/12/23 Price Changed $3,950 -8.1% $2 / Sq Ft
03/08/2023 03/08/23 For Rent $4,300 -- --
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 $11,202 $661,998 $104,037 $557,961
2023 $11,202 $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: TR24123412

California Regional Multiple Listing Service (CRMLS)

APN: 916-740-050