L
Seller's Agent in 2024
Lillian Huang
Temecula Hills Realty
(949) 331-7999
9 Total Sales
40530 Melrose Dr Temecula, CA 92591
Estimated Value: $678,000 - $690,000
3
Beds
2.5
Baths
1,731
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- City Lights View
- Open Floorplan
- Property is near clubhouse
- Ysabel Barnett Elementary School Rated A
- Clubhouse
- Quartz Countertops
About This Home
As of May 2024LOCATION, LOCATION and LOCATION. It is the best convenient location to access Costco, Macy's, Trade Joe's, Harvest Lake, schools, Barnes & Noble, restaurants, business districts and freeways. This newly single family house featuring 3 bedrooms and 2.5 bathrooms in a desirable community of Heirloom Farms in Temecula. The house is built with energy efficient features and highly upgraded interiors. White cabinets and white quartz counters and wood-like flooring with modern fresh clean look. The backyard improvement with concrete patio and rose bushes. Paid off solar system. The community has many to offer: parks, sparking pool, spa, picnic area, BBQ area, play ground and zip line. A Must-See. Welcome to your home.
Last Agent to Sell the Property
Temecula Hills Realty License #01714535 Listed on: 04/07/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 2023
Lot Details
- 2,640 Sq Ft Lot
- Rectangular Lot
- Back Yard
HOA Fees
- $145 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Mountain
- Park or Greenbelt
- Neighborhood
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 1,731 Sq Ft Home
- 2-Story Property
- Open Floorplan
- ENERGY STAR Qualified Windows
- Living Room
Kitchen
- Convection Oven
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Utilities
- Central Air
- Tankless Water Heater
Additional Features
- ENERGY STAR Qualified Equipment
- Property is near clubhouse
Listing and Financial Details
- Tax Lot 78
- Tax Tract Number 37509
- Assessor Parcel Number 916740049
- $3,841 per year additional tax assessments
Community Details
Overview
- Eirloom Farms Association, Phone Number (760) 575-7494
- Vintage Group HOA
- Built by Meritage Homes of California, Inc
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Community Playground
- Community Pool
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2024
Closed on
May 24, 2024
Sold by
Huang Zhongnan and Lin Suting
Bought by
Chakravarthy Chetan and Rangarajan Sahana
Seller's Agent
Lillian Huang
Temecula Hills Realty
Buyer's Agent
Ilene Piazza
Radius Agent Realty
List Price
$670,000
Sold Price
$670,000
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,512
Avg. Annual Appreciation
1.16%
Original Mortgage
$536,000
Outstanding Balance
$528,120
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$154,392
Purchase Details
Closed on
Jan 18, 2023
Sold by
Meritage Homes Of California Inc
Bought by
Huang Zhongnan and Lin Suting
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chakravarthy Chetan | $670,000 | First American Title | |
| Huang Zhongnan | $617,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chakravarthy Chetan | $536,000 | |
| Previous Owner | Huang Zhongnan | $308,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $670,000 | 0.0% | $387 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 04/07/2024 04/07/24 | For Sale | $670,000 | -- | $387 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,786 | $683,400 | $205,020 | $478,380 |
| 2023 | $10,786 | $73,334 | $73,334 | $0 |
| 2022 | $974 | $71,897 | $71,897 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lillian Huang
-
Ilene Piazza
Buyer's Agent in 2024
Ilene Piazza
Radius Agent Realty
(760) 413-2294
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24068646
APN: 916-740-049
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.
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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