NOT LISTED FOR SALE

40525 Avenida la Cresta Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $1,435,000 - $1,901,000

5 Beds
4.5 Baths
4,540 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $765,000 $169 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $10,352/month

17 Days on Market

Highlights

  • Horse Property
  • In Ground Pool
  • RV Access or Parking
  • Cole Canyon Elementary School Rated A-
  • Home fronts a creek
  • Primary Bedroom Suite

About This Home

As of December 2013

This home is located at 40525 Avenida la Cresta, Murrieta, CA 92562 since 31 October 2013 and is currently estimated at $1,716,897, approximately $378 per square foot. This property was built in 1988. 40525 Avenida la Cresta is a home located in Riverside County with nearby schools including Cole Canyon Elementary School, Thompson Middle School, and Murrieta Valley High School.

Last Agent to Sell the Property

Barbara Bowers

Cutting Edge Residential Realty License #01344733 Listed on: 10/31/2013

Last Buyer's Agent

Ty Courtney Wallace

Coldwell Banker Tri-Counties R License #01016494

Coldwell Banker Tri-Counties R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,831

Year Built

  • Built in 1988

Lot Details

  • 9.64 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Secluded Lot
  • Paved or Partially Paved Lot

Property Views

  • Panoramic
  • Woods
  • Pasture
  • Hills
  • Park or Greenbelt

Home Design

  • Ranch Style House

Interior Spaces

  • 4,540 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Parking

  • 10 Parking Spaces
  • Porte-Cochere
  • Parking Available
  • Private Parking
  • Circular Driveway
  • Gated Parking
  • Uncovered Parking
  • RV Access or Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Permits for Pool

Outdoor Features

  • Horse Property
  • Balcony

Farming

  • Agricultural
  • Pasture

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Agricultural Well Water Source
  • Conventional Septic

Additional Features

  • More Than Two Accessible Exits
  • Horse Property Improved

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13208
  • Assessor Parcel Number 931170005

Community Details

Overview

  • Property has a Home Owners Association
  • Foothills

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,831

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Direct
  • Other Phone Number: 951-696-9644
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: La Cresta
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 931170005
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4540.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Stone Counters, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 168.50
  • Room Type: Bonus Room, Family Room, Formal Entry, Great Room, Jack & Jill, Loft, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Hills, Panoramic, Pasture, Park/Greenbelt, Trees/Woods
  • Pool Features: Gunite, In Ground, Permits, Private
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Gated, Porte-Cochere, Private, RV Access/Parking, Uncovered
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Propane, Zoned
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well, Public
  • Cooling: Electric, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Rural

Lot Info

  • Lot Features: Agricultural, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Horse Property Improved, Horse Property, Pasture, Paved, Percolate, Ranch, Secluded
  • Lot Size Sq Ft: 419918.00
  • Lot Size Acres: 9.6400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 419918.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Creek

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Dec 9, 2013
Sold by
Smith Devon
Bought by
Smith Elizabeth
Seller's Agent
Barbara Bowers
Cutting Edge Residential Realty
Buyer's Agent
Ty Courtney Wallace
Coldwell Banker Tri-Counties R
List Price
$845,000
Sold Price
$765,000
Premium/Discount to List
-$80,000
-9.47%
Current Estimated Value
$1,716,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,897
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Oct 31, 2013
Closed on
Nov 26, 2013
Sold by
Long John R and Long Marilyn J
Bought by
Smith Elizabeth
Seller's Agent
Barbara Bowers
Cutting Edge Residential Realty
Buyer's Agent
Ty Courtney Wallace
Coldwell Banker Tri-Counties R
List Price
$845,000
Sold Price
$765,000
Premium/Discount to List
-$80,000
-9.47%

Purchase Details

Closed on
May 29, 2012
Sold by
Shiley Aaron and Shiley Michelle
Bought by
Long John R and Long Marilyn J

Purchase Details

Closed on
Jan 6, 2012
Sold by
Garcia Anneleah O
Bought by
Shiley Aaron P and Shiley Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2007
Sold by
Garcia Antonio M and Garcia Anneleah O
Bought by
Garcia Anneleah O

Purchase Details

Closed on
Jun 12, 2007
Sold by
Garcia Anneleah O
Bought by
Garcia Antonio M and Garcia Anneleah O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,340
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2005
Sold by
Olex Investment & Development Llc
Bought by
Garcia Anneleah O

Purchase Details

Closed on
Sep 7, 2004
Sold by
Garcia Anneleah O
Bought by
Olex Investment & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2004
Sold by
Clark Joe and Robert Clark J
Bought by
Garcia Anneleah O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.67%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 15, 2004
Sold by
Garcia Antonio Mejia and Garcia Anneleah Orosa
Bought by
Garcia Anneleah O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.67%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 8, 1994
Sold by
Clark David J
Bought by
Clark David J
Source: Public Records

Range of Values:

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Average Value
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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
Smith Elizabeth -- Stewart Title Of Ca Inc
Smith Elizabeth $775,000 Stewart Title Of Ca Inc
Long John R -- None Available
Shiley Aaron P $575,000 Calcounties Title Nation
Garcia Anneleah O -- None Available
Garcia Antonio M -- First American Title Ins Co
Garcia Anneleah O -- --
Olex Investment & Development Llc $619,000 Lawyers Title Company
Garcia Anneleah O $1,400,000 Fidelity National Title
Garcia Anneleah O -- Fidelity National Title
Clark David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shiley Aaron P $460,000
Previous Owner Garcia Antonio Mejia $183,340
Previous Owner Garcia Antonio M $1,256,500
Previous Owner Olex Investment & Development Llc $155,000
Previous Owner Garcia Anneleah O $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $765,000 -9.5% $169 / Sq Ft
10/31/2013 10/31/13 For Sale $845,000 -- $186 / 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 $12,831 $960,379 $189,180 $771,199
2023 $12,831 $913,143 $176,734 $736,409
2022 $11,808 $895,239 $173,269 $721,970
2021 $11,591 $877,686 $169,872 $707,814
2020 $11,480 $868,688 $168,131 $700,557
2019 $11,270 $851,656 $164,835 $686,821
2018 $11,064 $834,957 $161,603 $673,354
2017 $10,914 $818,586 $158,435 $660,151
2016 $10,772 $802,536 $155,329 $647,207
2015 $10,660 $790,484 $152,997 $637,487
2014 $10,203 $775,000 $150,000 $625,000
Source: Public Records

Agents Affiliated with this Home

  • Barbara Bowers

    Seller's Agent in 2013

    Barbara Bowers

    Cutting Edge Residential Realty

    (951) 837-1277

    20 in this area

    27 Total Sales

    Barbara Bowers
    Section Image
  • Ty Courtney Wallace

    Buyer's Agent in 2013

    Ty Courtney Wallace

    Coldwell Banker Tri-Counties R

    (909) 861-9835

    2 in this area

    262 Total Sales

    Ty Courtney Wallace
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13223098

California Regional Multiple Listing Service (CRMLS)

APN: 931-170-005

California Riverside County Murrieta 92562 La Cresta

40525 Avenida la Cresta, Murrieta, CA

This home is located at 40525 Avenida la Cresta, Murrieta, CA 92562 since 31 October 2013 and is currently estimated at $1,716,897, approximately $378 per square foot. This property was built in 1988. 40525 Avenida la Cresta is a home located in Riverside County with nearby schools including Cole Canyon Elementary School, Thompson Middle School, and Murrieta Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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