NOT LISTED FOR SALE

40676 Corte Albara Murrieta, CA 92562

The Colony Neighborhood

Estimated Value: $466,323 - $508,000

2 Beds
2 Baths
1,264 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $360,000 $285 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,230/month

47 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Active Adult
  • Fitness Center
  • Spa
  • Open Floorplan

About This Home

As of May 2021

HUD Home. Located in the 55+ age restricted guard gated community of The Colony, right in the heart of Murrieta! Open floor plan features 2 bedrooms, a den or office, a king size living room enhanced with a fireplace and beautiful laminate flooring, plus a formal dining room. The central kitchen offers abundant cabinet and counter space, a convenient pantry and room for a breakfast table, all overlooking the backyard and patio. Numerous HOA amenities include a state of the art clubhouse with a grand ballroom, fitness center, library, beauty salon, billiards room, and meeting room. Outdoor recreation features include swimming, tennis, paddle tennis, bocce ball, and shuffleboard. Golfers can enjoy the neighboring Cal Oaks Golf Course that meanders through the community. A great opportunity for owner occupant buyers, and FHA financing is welcomed! Come take a look today!

Last Agent to Sell the Property

Shari Potts

Inland Realty Services License #00869490 Listed on: 02/17/2021

Last Buyer's Agent

Lowry Alkire

Coldwell Banker Realty License #01999586

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 3,990 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Lawn

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,264 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 160
  • Tax Tract Number 21072
  • Assessor Parcel Number 947640019

Community Details

Overview

  • Active Adult
  • The Colony At California Oaks Association, Phone Number (951) 677-4341
  • Associa HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Card Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bocce Ball Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

3,990 Sq Ft Lot

HOA Fees

$252 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947640019
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1264.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 284.81
  • Room Type: Den, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Golf Course, Tennis Court(s), Paddle Tennis, Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Meeting Room, Pet Rules, Pets Permitted, Guard, Security, Controlled Access
  • Association Fee: 252.00
  • Association Fee Frequency: Monthly
  • Association Name: The Colony at California Oaks
  • Phone: 951-677-4341
  • Senior Community: Yes
  • Community Features: Street Lights
  • Association Management: Associa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 3990.00
  • Lot Size Acres: 0.0916

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3990.0000 Square Feet
  • Number Of Units In Community: 1500
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 160
  • Tax Tract Number: 21072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2026
Sold by
Burton Tina M
Bought by
Tina Marie Trust and Burton
Current Estimated Value
$491,581

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jun 22, 2021
Sold by
Burton Tina M and Wilt Theresa L
Bought by
Burton Tina M
Seller's Agent
Shari Potts
Inland Realty Services
Buyer's Agent
Lowry Alkire
Coldwell Banker Realty
List Price
$348,500
Sold Price
$360,000
Premium/Discount to List
$11,500
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$288,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 17, 2021
Sold by
United States Sec Of Hsng & Urban Dev
Bought by
Burton Tina M and Wilt Theresa L
Seller's Agent
Shari Potts
Inland Realty Services
Buyer's Agent
Lowry Alkire
Coldwell Banker Realty
List Price
$348,500
Sold Price
$360,000
Premium/Discount to List
$11,500
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Clear Recon Corp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 2, 2003
Sold by
Boullon Gloria
Bought by
Boullon Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 1997
Sold by
M J Brock & Sons Inc
Bought by
Boullon Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tina Marie Trust -- None Listed On Document
Burton Tina M -- Placer Title
Burton Tina M $360,000 Equity Title Orange County
Secretary Of Housing & Urban Development $328,894 Accommodation
Boullon Gloria -- First American Title Co
Boullon Gloria -- First American Title Co
Boullon Gloria $115,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Tina M $288,000
Previous Owner Boullon Gloria $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $360,000 +3.3% $285 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $348,500 0.0% $276 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $348,500 -- $276 / 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 $5,041 $389,672 $129,890 $259,782
2023 $5,041 $374,544 $124,848 $249,696
2022 $4,998 $367,200 $122,400 $244,800
2021 $2,453 $170,594 $44,303 $126,291
2020 $2,431 $168,846 $43,849 $124,997
2019 $2,310 $165,537 $42,990 $122,547
2018 $2,269 $162,293 $42,148 $120,145
2017 $2,238 $159,112 $41,322 $117,790
2016 $2,209 $155,993 $40,512 $115,481
2015 $2,186 $153,652 $39,904 $113,748
2014 $2,099 $150,644 $39,123 $111,521
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shari Potts

    Inland Realty Services

    (909) 709-8615

    2 in this area

    53 Total Sales

    Shari Potts
    Section Image

  • L

    Buyer's Agent in 2021

    Lowry Alkire

    Coldwell Banker Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21029671

California Regional Multiple Listing Service (CRMLS)

APN: 947-640-019

California Riverside County Murrieta 92562 The Colony

40676 Corte Albara, Murrieta, CA

Not Listed for Sale

Detached

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