40581 Corte Albara Murrieta, CA 92562
The Colony NeighborhoodEstimated payment $3,082/month
Highlights
- Very Popular Property
- Fitness Center
- Active Adult
- Golf Course Community
- In Ground Spa
- Gated Community
About This Home
Large landscaped back/side lot! Perfect for pets, gardening, or just relaxing in your own private park-like setting. This charming single-story home is situated in The Colony, Murrieta's exclusive gate-guarded 55+ community. The Colony provides a variety of amenities, including a swimming pool, spa, clubhouse, barbecues, salon, tennis courts, golf course, and numerous special programs and activities. The residence offers 3 bedrooms, 2 bathrooms, and an open-concept living and dining area with a cozy fireplace. The master suite opens to a spacious bathroom featuring a dual vanity, walk-in shower, and closet. The private backyard, with no home behind, is ideal for relaxing afternoons with family and friends. Conveniently located near shopping, casinos, a movie theater, and wineries. Don’t wait—call now! This home needs some cosmetic upgrading and is competitively priced for the ready buyer looking to add some sweat equity.
Home Details
Home Type
- Single Family
Year Built
- Built in 1998
Lot Details
- 4,791 Sq Ft Lot
- Private Streets
- Property is Fully Fenced
- Landscaped
- Flag Lot
- Front and Back Yard Sprinklers
- Private Yard
HOA Fees
- $348 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Gate
Home Design
- Ranch Style House
- Mediterranean Architecture
- Clay Roof
- Stucco
Interior Spaces
- 1,263 Sq Ft Home
- Living Room with Fireplace
- Disposal
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- In Ground Spa
- Patio
Location
- Urban Location
- West of 5 Freeway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
Overview
- Active Adult
- Association fees include exterior (landscaping), exterior bldg maintenance, gated community, trash pickup, security
- The Colony Pcm Association
- Colony Community
- Out Of Area Subdivision
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Golf Course Community
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
- Recreational Area
Security
- Security Guard
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,067 | $314,633 | $96,008 | $218,625 |
| 2023 | $4,067 | $302,418 | $92,281 | $210,137 |
| 2022 | $4,034 | $296,489 | $90,472 | $206,017 |
| 2021 | $3,959 | $290,677 | $88,699 | $201,978 |
| 2020 | $3,920 | $287,697 | $87,790 | $199,907 |
| 2019 | $3,848 | $282,057 | $86,069 | $195,988 |
| 2018 | $3,776 | $276,528 | $84,382 | $192,146 |
| 2017 | $3,723 | $271,107 | $82,728 | $188,379 |
| 2016 | $3,673 | $265,792 | $81,106 | $184,686 |
| 2015 | $3,506 | $252,000 | $77,000 | $175,000 |
| 2014 | $3,373 | $248,000 | $76,000 | $172,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | Price Changed | $455,000 | 0.0% | $360 / Sq Ft |
| 04/21/2026 04/21/26 | For Sale | $455,000 | -0.9% | $360 / Sq Ft |
| 04/07/2026 04/07/26 | Off Market | $459,000 | -- | -- |
| 04/07/2026 04/07/26 | Pending | -- | -- | -- |
| 04/03/2026 04/03/26 | Price Changed | $459,000 | -2.1% | $363 / Sq Ft |
| 03/10/2026 03/10/26 | For Sale | $469,000 | -- | $371 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $213,000 | Stewart Title | |
| Grant Deed | $130,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $442,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $86,000 | No Value Available |
Source: San Diego MLS
MLS Number: 260005545
APN: 947-630-085
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