M
Seller's Agent in 2023
Michelle Shepherd
Meritage Homes of California
40538 Melrose Dr Temecula, CA 92591
Estimated Value: $675,000 - $698,175
3
Beds
2.5
Baths
1,883
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Under Construction
- Spa
- Neighborhood Views
- Ysabel Barnett Elementary School Rated A
- Open Floorplan
- 2 Car Direct Access Garage
About This Home
As of March 2023Brand new, energy-efficient home available by Mar 2023! Balanced design package. Entertain family and friends in the open concept downstairs living space, complete with a downstairs powder bathroom. Umber cabinets with niagara quartz countertops, fresh pine EVP flooring with textured gray beige carpet in our Balanced package. Meet Valiant at Heirloom Farms, a community of single-family homes now selling in Temecula, CA. This community offers residents amenities for the whole family and is conveniently located in the award-winning Temecula school district. Each energy-efficient home also comes standard with features that go beyond helping you save on utility bills—they allow your whole family to live better and breathe easier too.* Each Meritage® home is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
Last Agent to Sell the Property
Michelle Shepherd
Meritage Homes of California License #00976964 Listed on: 01/09/2023
Last Buyer's Agent
James Ligrow
NON-MEMBER/NBA or BTERM OFFICE License #01988856
Home Details
Home Type
- Single Family
Year Built
- Built in 2023 | Under Construction
Lot Details
- 2,614 Sq Ft Lot
- Vinyl Fence
- Density is up to 1 Unit/Acre
HOA Fees
- $149 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Planned Development
- Fire Rated Drywall
- Spray Foam Insulation
- Concrete Roof
Interior Spaces
- 1,883 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Panel Doors
- Neighborhood Views
- Smart Home
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Low Flow Shower
- Low Flow Toliet
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Eco-Friendly Details
- ENERGY STAR Qualified Appliances
- Energy-Efficient Construction
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Insulation
- ENERGY STAR Qualified Equipment for Heating
- Energy-Efficient Thermostat
Pool
- Spa
Schools
- Barnett Elementary School
- James Day Middle School
- Chaparral High School
Utilities
- High Efficiency Air Conditioning
- Humidity Control
- SEER Rated 13-15 Air Conditioning Units
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 0077
- Tax Tract Number 319202
Community Details
Overview
- Heirloom Frams HOA
- Vintage Group HOA
- Built by Meritage Homes
- Residence 2
Recreation
- Community Playground
- Community Pool
- Community Spa
- Park
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2023
Closed on
Feb 15, 2023
Sold by
Meritage Homes Of California I
Bought by
Vadakattu Viswaprasad and Vadakattu Alekhya
Seller's Agent
Michelle Shepherd
Meritage Homes of California
Buyer's Agent
James Ligrow
NON-MEMBER/NBA or BTERM OFFICE
List Price
$622,295
Sold Price
$642,695
Premium/Discount to List
$20,400
3.28%
Views
52
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
$49,599
Avg. Annual Appreciation
2.72%
Original Mortgage
$578,425
Outstanding Balance
$558,753
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$133,541
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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vadakattu Viswaprasad | $643,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vadakattu Viswaprasad | $578,425 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $642,695 | +2.1% | $341 / Sq Ft |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- |
| 02/07/2023 02/07/23 | Price Changed | $629,295 | +0.8% | $334 / Sq Ft |
| 01/26/2023 01/26/23 | Price Changed | $624,295 | +0.3% | $332 / Sq Ft |
| 01/09/2023 01/09/23 | For Sale | $622,295 | -- | $330 / 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 | $10,899 | $649,513 | $104,037 | $545,476 |
| 2023 | $10,899 | $78,297 | $78,297 | -- |
| 2022 | $1,040 | $76,762 | $76,762 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
James Ligrow
NON-MEMBER/NBA or BTERM OFFICE
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23002156
APN: 916-740-048
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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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