NOT LISTED FOR SALE

40675 Norman Rd Cherry Valley, CA 92223

Estimated Value: $906,000 - $993,179

5 Beds
4 Baths
3,800 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $1,010,000 $266 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,600/month

152 Days on Market

Highlights

  • Detached Guest House
  • RV Garage
  • 1.16 Acre Lot
  • Second Garage
  • View of Trees or Woods
  • No HOA

About This Home

As of November 2024

This unique property nestled in Cherry Valley with breathtaking views of the San Gorgonio Mountain in the front and the San Jacinto Mountain in the rear is truly a lush oasis. The spacious 3000 sq ft single story home has 4 bedrooms, 3 baths, plus a large custom home office, large master bedroom, vaulted ceilings, kitchen with large island and a kitchen window overlooking the rear yard. Gas fireplace and patio hook up for a gas barbecue, commercial grade gate opener on driveway gate and a rose garden fountain. The back building is over 4000 sq. feet featuring a 4 to 6 car garage setup, about a 900 sq. feet unpermitted ADU with a stairway chairlift, an 18 x 30 shop and over 700 sq feet of storage area. The ADU has central air and heat and comes complete with a washer, dryer and refrigerator. The rear double garage is 24’ feet deep with a over 9’ high garage door for high profile vehicles. The shop comes complete with a commercial air compressor and air piping thoughout the building. 2 of the 6 garages have been converted to a Multipurpose/Bonus room of over 700 sq ft with HVAC. Area can easily be converted back to a 2 car garage. Rear of property is accessible from garage side driveway with plenty of room on site for RV parking, etc. Site has many different trees including deodar, redwood, elm, cottonwood, lemon, peach, plum, apricot, and apple.

Last Agent to Sell the Property

Emmett Dalton

Dalton Real Estate Brokerage Phone: 805-380-6132 License #00959147 Listed on: 06/05/2024

Last Buyer's Agent

Rachel Hanson

eXp Realty of Southern California, Inc. License #01809662

eXp Realty of Southern California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1.16 Acre Lot
  • Back and Front Yard
  • Property is zoned W-2

Parking

  • 6 Car Attached Garage
  • Second Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • RV Garage
  • Community Parking Structure

Property Views

  • Woods
  • Pasture
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,800 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Workshop
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 408080007
  • $65 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: W-2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 408080007
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3800.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 265.79
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Workshop

Exterior Features

  • Other Structures: Guest House Detached, Second Garage, Second Garage Detached, Storage, Workshop
  • View: Hills, Mountain(s), Neighborhood, Pasture, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Garage, Oversized, RV Access/Parking, RV Garage, Structure, Workshop in Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 50530.00
  • Lot Size Acres: 1.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50530.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Oct 23, 2024
Sold by
Kramer Leo J and Kramer Shirley
Bought by
Schroeder Ryan M and Schroeder Janeth E
Seller's Agent
Emmett Dalton
Dalton Real Estate
Buyer's Agent
Rachel Hanson
eXp Realty of Southern California, Inc.
List Price
$1,150,000
Sold Price
$1,010,000
Premium/Discount to List
-$140,000
-12.17%
Views
261
Current Estimated Value
$950,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,232
Avg. Annual Appreciation
-3.99%
Original Mortgage
$858,500
Outstanding Balance
$849,075
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$112,720

Purchase Details

Closed on
Jan 4, 2022
Sold by
Summerfield West Corporation
Bought by
Kramer Leo J and Kramer Shirley

Purchase Details

Closed on
Mar 19, 1999
Sold by
Rounsville Bret
Bought by
Summersfield West Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 1998
Sold by
Rounsville Joan
Bought by
Rounsville Bret

Purchase Details

Closed on
Sep 22, 1995
Sold by
Barbarick Darell W and Barbarick Jeanette
Bought by
Rounsville Bret and Rounsville Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schroeder Ryan M $1,010,000 First American Title
Schroeder Ryan M $1,010,000 First American Title
Kramer Leo J -- None Listed On Document
Summersfield West Corp $20,000 Commonwealth Land Title Co
Rounsville Bret -- Commonwealth Land Title Co
Rounsville Bret $196,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Ryan M $858,500
Closed Schroeder Ryan M $858,500
Previous Owner Summersfield West Corp $243,000
Previous Owner Rounsville Bret $186,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $1,010,000 -12.2% $266 / Sq Ft
06/05/2024 06/05/24 For Sale $1,150,000 -- $303 / 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 $7,891 $1,010,000 $303,002 $706,998
2023 $7,891 $591,600 $76,500 $515,100
2022 $5,462 $406,284 $73,852 $332,432
2021 $5,357 $398,318 $72,404 $325,914
2020 $5,303 $394,235 $71,662 $322,573
2019 $5,221 $386,506 $70,257 $316,249
2018 $5,201 $378,929 $68,880 $310,049
2017 $5,121 $371,500 $67,530 $303,970
2016 $4,986 $364,216 $66,206 $298,010
2015 $4,903 $358,747 $65,212 $293,535
2014 $4,907 $351,722 $63,936 $287,786
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24113722

California Regional Multiple Listing Service (CRMLS)

APN: 408-080-007