NOT LISTED FOR SALE

40575 Avenida la Cresta Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $2,165,000 - $2,212,000

5 Beds
5 Baths
6,729 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,490,000 $221 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $13,191/month

Highlights

  • Tennis Courts
  • Private Pool
  • Panoramic View
  • Cole Canyon Elementary School Rated A
  • Primary Bedroom Suite
  • 9.56 Acre Lot

About This Home

As of January 2021

Come see this well-maintained single family residence sits on a 9.56 acre land, along with a tennis court, gazebo, swimming pool, many fruit trees, and 5-car garage. Enter from privately gated road and through a wooden bridge leading to a landscaped island driveway. Greeted by double staircase foyer with high ceiling and a chandelier upon entering. To the right is an office and the oversized master suite through windowed hallway. To the left is formal living room, formal dining room, open kitchen, family room, powder room, and a guest bedroom with own bathroom. Oversized loft/game room on 2nd floor, two secondary bedrooms, and a shared dual vanity bathroom. Hardwood flooring on first level and 2nd level carpeted, built-in shelves and desks in office, built in Sub-zero refrigerator side by side, built-in blender base on center island, dual ovens, induction cooktop, and enclosed with bar seating area. 2-story high ceiling in family room with fireplace and access to pool area. Stunning panoramic canyon view surrounding the pool area and outdoor BBQ island. Next to the BBQ is a gazebo where you can relax and enjoy the sunset. The freestanding 5-car garage for all your collection of cars. Secondary laundry room and shower room are available in the garage. A good sized storage shed for gardening tools. Additional undeveloped land for all your dreams and imaginations. This property checks all the marks! A truly hidden gem priced below market value for a quick sale, don’t wait!

Last Agent to Sell the Property

Yuan Le

Ricky&Jessie Realty License #01947274 Listed on: 01/13/2021

Co-Listed By

Ricky Lee

Ricky&Jessie Realty License #01932116

Last Buyer's Agent

Sonya Feigen

Vogler Feigen Realty License #01266327

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 9.56 Acre Lot
  • Property is zoned R-A-10

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Panoramic
  • Canyon
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 6,729 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Loft
  • Game Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Covered Patio or Porch
  • Gazebo
  • Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Septic Type Unknown
  • Private Sewer

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 931170006

Community Details

Overview

  • Santa Rosa West Association, Phone Number (951) 676-4570

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

HOA Fees

$121 per month

Parking

5

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Smoke Detector(s)
  • Subdivision Name Other: Santa Rosa West
  • View: Yes
  • Zoning: R-A-10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 931170006
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6729.00 Square Feet
  • Interior Amenities: 2 Staircases, Bar, Crown Molding, Intercom, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 221.43
  • Room Type: Family Room, Game Room, Living Room, Loft, Main Floor Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet
  • Bathroom Features: Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo, Shed(s), Tennis Court Private
  • View: Canyon, Mountain(s), Panoramic
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Oversized
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central, Propane
  • Laundry Features: Individual Room
  • Sewer: Private Sewer, Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 121.33
  • Association Fee Frequency: Monthly
  • Association Name: Santa Rosa West
  • Phone: 9516764570
  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 416434.00
  • Lot Size Acres: 9.5600
  • Latitude Manual: 33.53018200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 416434.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.72
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 22, 2021
Sold by
Lee Ernest P and Lee Eun Pil
Seller's Agent
Yuan Le
Ricky&Jessie Realty
Buyer's Agent
Sonya Feigen
Vogler Feigen Realty
List Price
$1,470,000
Sold Price
$1,490,000
Premium/Discount to List
$20,000
1.36%
Current Estimated Value
$2,196,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,465
Avg. Annual Appreciation
7.99%
Original Mortgage
$373,600
Outstanding Balance
$333,790
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$1,862,675

Purchase Details

Closed on
Nov 22, 2020
Sold by
Mcnamara Victoria H
Bought by
Mcnamara Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2020
Sold by
Chan Florence and The Lee Family Trust
Bought by
Mcnamara Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Lee Ernest P and Chan Florence
Bought by
Lee Ernest P and Chan Florence

Purchase Details

Closed on
Aug 6, 2004
Sold by
Lee Ernest P and Chan Florence
Bought by
Lee Ernest P

Purchase Details

Closed on
Jul 10, 2002
Sold by
Lee Ernest P and Chan Florence
Bought by
Lee Ernest P and Chan Florence

Purchase Details

Closed on
Oct 15, 1999
Sold by
Lee Ernest P
Bought by
Lee Ernest P and Lee Florence Chan

Purchase Details

Closed on
May 29, 1998
Sold by
Smith Brian S and Smith Judy A
Bought by
Lee Ernest P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1996
Sold by
Smith Brian S
Bought by
Smith Brian S and Smith Judy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- -- --
Mcnamara Andrew -- Stewart Title Of California
Mcnamara Andrew $1,490,000 Stewart Title Of California
Lee Ernest P -- None Available
Lee Ernest P -- None Available
Lee Ernest P -- Alliance Title Company
Lee Ernest P -- Alliance Title Company
Lee Ernest P -- --
Lee Ernest P -- Security Union Title Ins Co
Lee Ernest P $949,000 Orange Coast Title Co
Smith Brian S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Andrew $373,600
Closed Record Owner $373,600
Previous Owner Mcnamara Andrew $548,250
Previous Owner Lee Ernest P $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $1,490,000 +1.4% $221 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,470,000 -- $218 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,687 $1,612,822 $324,729 $1,288,093
2023 $19,687 $1,550,196 $312,120 $1,238,076
2022 $19,562 $1,519,800 $306,000 $1,213,800
2021 $19,166 $1,441,327 $421,017 $1,020,310
2020 $18,975 $1,426,548 $416,700 $1,009,848
2019 $18,616 $1,398,578 $408,530 $990,048
2018 $18,265 $1,371,156 $400,521 $970,635
2017 $18,006 $1,344,271 $392,668 $951,603
2016 $17,759 $1,317,914 $384,969 $932,945
2015 $17,565 $1,298,120 $379,188 $918,932
2014 $16,804 $1,272,694 $371,761 $900,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21007684

California Regional Multiple Listing Service (CRMLS)

APN: 931-170-006