NOT LISTED FOR SALE

40705 Corte Albara Murrieta, CA 92562

The Colony Neighborhood

Estimated Value: $489,256 - $512,000

3 Beds
2 Baths
1,263 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $468,000 $371 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,407/month

25 Days on Market

Highlights

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

About This Home

As of April 2022

Don't miss out on this GREAT INVESTMENT OPPORTUNITY in the highly sought after 55+ community of The Colony! Tastefully updated home with a current tenant in place. The kitchen has been recently renovated and includes brand new appliances, refinished cabinets, gorgeous granite countertops and a large under-mount sink. There is new paint throughout, low maintenance laminate flooring, plantation shutters on all windows, and a new water heater. Don't wait to add this property to your portfolio!

Last Agent to Sell the Property

Dana Kirby

Community Home Rentals and Pro License #01981354 Listed on: 03/03/2022

Last Buyer's Agent

Raul Garcia

Realty One Group West License #01778693

Realty One Group West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 3,920 Sq Ft Lot
  • Lawn
  • Back and Front Yard

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 1,263 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Covered Patio or Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 188
  • Tax Tract Number 210
  • Assessor Parcel Number 947640047
  • $892 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • The Colony At California Oaks Association, Phone Number (951) 677-4341

Amenities

  • Outdoor Cooking Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room

Recreation

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

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

3,920 Sq Ft Lot

HOA Fees

$255 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator (in garage), Washer, Dryer
  • Property Attached: No
  • Security: Gated with Attendant
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947640047
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1263.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 370.55
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Window Features: Plantation Shutters
  • Bathroom Features: Closet In Bathroom, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • 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, Outdoor Cooking Area, Tennis Court(s), Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Guard, Security, Controlled Access, Maintenance Front Yard
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: The Colony at California Oaks
  • Phone: 951-677-4341
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Golf, Suburban
  • Association Management: The Colony at California Oaks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.29
  • Tax Lot: 188
  • Tax Tract Number: 210...
  • TaxOtherAnnualAssessmentAmount: 892.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Castellon Jose M and Castellon Margarita
Bought by
Jose Manuel Castellon And Margarita Castellon
Current Estimated Value
$505,564

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 30, 2022
Sold by
Mayorgas Daniel W and Mayorgas Melissa
Bought by
Castellon Jose M and Castellon Margarita
Seller's Agent
Dana Kirby
Community Home Rentals and Pro
Buyer's Agent
Raul Garcia
Realty One Group West
List Price
$468,000
Sold Price
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 19, 2020
Sold by
Stebbins Richard T
Bought by
Mayorgas Daniel W and Mayorgas Melissa
Seller's Agent
Christopher Brown
LPT Realty, Inc
Buyer's Agent
Dana Kirby
Community Home Rentals and Pro
List Price
$333,500
Sold Price
$333,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.49%
Original Mortgage
$266,800
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 16, 2017
Sold by
Reeves Charles
Bought by
Stebbins Richard Thomas
Seller's Agent
Gorden Atherton
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$285,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2015
Sold by
Reeves Loral D
Bought by
Reeves Loral Dee and The Loral Dee Reeves Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Reeves Loral
Bought by
Reeves Loral Dee and The Loral Dee Reeves Living Trust

Purchase Details

Closed on
Mar 31, 2011
Sold by
Batay Csorba Judith
Bought by
Reeves Loral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,285
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2011
Sold by
Batay Csorba Judith
Bought by
Reeves Loral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,285
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2004
Sold by
Radvanyi Magdolna and Radvanyi Magda
Bought by
Radvanyi Magdolna and Magdolna Radvanyi Revocable Trust

Purchase Details

Closed on
Jul 27, 1998
Sold by
M J Brock & Sons Inc
Bought by
Radvanyi Louis and Radvanyi Magda
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
Jose Manuel Castellon And Margarita Castellon -- --
Castellon Jose M $468,000 Fidelity National Title
Mayorgas Daniel W $333,500 Ticor Title Riverside
Stebbins Richard Thomas $285,000 First American Title Company
Reeves Loral Dee -- Accommodation
Reeves Loral D -- Title 365
Reeves Loral Dee -- None Available
Reeves Loral $185,000 Chicago Title Inland Empire
Reeves Loral $185,000 Chicago Title Inland Empire
Radvanyi Magdolna -- --
Radvanyi Louis $127,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayorgas Daniel W $266,800
Previous Owner Stebbins Richard Thomas $285,000
Previous Owner Reeves Loral D $196,000
Previous Owner Reeves Loral $180,285
Previous Owner Reeves Loral $180,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $468,000 0.0% $371 / Sq Ft
03/03/2022 03/03/22 For Sale $468,000 +40.3% $371 / Sq Ft
08/12/2020 08/12/20 Sold $333,500 0.0% $264 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $333,500 +17.0% $264 / Sq Ft
04/13/2017 04/13/17 Sold $285,000 -3.4% $226 / Sq Ft View Prior Sale
03/11/2017 03/11/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $295,000 -- $234 / 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 $6,254 $496,644 $127,344 $369,300
2023 $6,254 $477,360 $122,400 $354,960
2022 $4,769 $340,170 $122,400 $217,770
2021 $4,682 $333,500 $120,000 $213,500
2020 $4,103 $302,443 $90,733 $211,710
2019 $4,391 $296,513 $88,954 $207,559
2018 $4,230 $290,700 $87,210 $203,490
2017 $2,877 $204,216 $66,231 $137,985
2016 $2,838 $200,213 $64,933 $135,280
2015 $2,808 $197,207 $63,958 $133,249
2014 $2,694 $193,346 $62,706 $130,640
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dana Kirby

    Community Home Rentals and Pro

  • R

    Buyer's Agent in 2022

    Raul Garcia

    Realty One Group West

    (714) 272-7285

    1 in this area

    20 Total Sales

    Raul Garcia
    Section Image
  • Christopher Brown

    Seller's Agent in 2020

    Christopher Brown

    LPT Realty, Inc

    (951) 252-4194

    44 Total Sales

    Christopher Brown
    Section Image

  • G

    Seller's Agent in 2017

    Gorden Atherton

    NON-MEMBER/NBA or BTERM OFFICE

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,363 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22039241

California Regional Multiple Listing Service (CRMLS)

APN: 947-640-047

California Riverside County Murrieta 92562 The Colony

40705 Corte Albara, Murrieta, CA

Not Listed for Sale

Detached

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