NOT LISTED FOR SALE

40740 Corte Albara Murrieta, CA 92562

The Colony Neighborhood

Estimated Value: $433,000 - $470,000

2 Beds
1.5 Baths
947 Sq Ft
$486/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $294,900 $311 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,976/month

139 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Golf Course View
  • Community Pool

About This Home

As of December 2018

MOST DESIRED AREA IN MURRIETA "" COLONY COMMUNITY"" CLOSE TO CASINOS AND MEDICAL FACILITIES, ETC.
THIS SINGLE STORY HOME OFFERS MANY CUSTOM AMENITES WHICH INCLUDE VIEW OF GOLF COURSE!!
CUSTOM LEAD GLASS ENTRY DOOR WITH PLENTY OF SOFT LIGHT. RETRACTABLE SCREEN DOORS, UPGRADED THRU OUT.
CEILING FANS, WITH DIMMER AND REMOTE CONTROL. HONEY COMB DUAL SHADES WITH BLACKOUT LIGHTING. CUSTOM OVERHEAD TRACK LIGHTING. LIVING ROOM WITH SPECIAL FIREPLACE THAT FEATURES MIRROR & STONES FOR ACCENT.
KITCHEN HAS CUSTOM GRANITE COUNTERS AND BACKSPLASH QUARTZ MATERIALS. SELF CLOSING DRAWERS & PULL OUT CABINETS!!
CUSTOM FAUCET. LOTS OF LIGHT. MASTER BEDROOM VERY OPEN WITH SLIDING DOOR LEADING TO OUTDOOR PATIO AREA. SPACIOUS AND CUSTOM CLOSET AREA. MASTER AREA WITH WHIRL POOL JACUZZI TUB. 2ND BEDROOM USED FOR OFFICE AREA WITH CUSTOM OFFICE DESK AND BUILT IN BED AREA WITH STORAGE. GUEST BATH WITH PEDESTAL BASIN. SINGLE CAR GARAGE WITH FAIRLY NEW
GARAGE DOOR. ALSO HAS TOOL SHED IN REAR SIDE OF GARAGE FOR ALL YOUR TOOLS AND TOYS. DO NOT MISS THIS HOME
THAT TRULY SAYS WELCOME HOME!!!

Last Agent to Sell the Property

Margaret Perez

NON-MEMBER/NBA or BTERM OFFICE License #01408632 Listed on: 07/18/2018

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

RJ Jenkins

Coldwell Banker Realty License #01949734

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 947 Sq Ft Home
  • Living Room with Fireplace
  • Golf Course Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 174
  • Tax Tract Number 210727
  • Assessor Parcel Number 947640033

Community Details

Overview

  • Active Adult
  • Colony Homeowners Assoc Association, Phone Number (951) 677-4341

Amenities

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

5,227 Sq Ft Lot

HOA Fees

$237 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: WASHER AND DRYER REFRIGERATOR
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 947640033
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 947.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 311.40
  • Room Type: Living Room

Exterior Features

  • View: Golf Course
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, 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, Picnic Area, Golf Course, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Meeting Room, Pet Rules, Pets Permitted
  • Association Fee: 237.00
  • Association Fee Frequency: Monthly
  • Association Name: COLONY HOMEOWNERS ASSOC
  • Phone: 951 677-4341
  • Senior Community: Yes
  • Community Features: Golf

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 174
  • Tax Tract Number: 210727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Ray Nancy M
Bought by
Ray Nancy M and The Nancy M Ray Revocable Trus
Current Estimated Value
$459,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$253,505
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,299

Purchase Details

Closed on
Jan 31, 2020
Sold by
Ray Nancy M
Bought by
Ray Nancy M and Nancy M Ray Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2018
Closed on
Dec 7, 2018
Sold by
Kroll Evelyn O
Bought by
Ray Nancy M and Nancy M Ray Revocable Trust
Seller's Agent
Margaret Perez
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
RJ Jenkins
Coldwell Banker Realty
List Price
$330,000
Sold Price
$294,900
Premium/Discount to List
-$35,100
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$280,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2016
Closed on
Feb 1, 2016
Sold by
Gillman Ruth
Bought by
The Kroll Revocable Trust
Seller's Agent
Margaret Perez
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Margaret Perez
NON-MEMBER/NBA or BTERM OFFICE
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
May 25, 2010
Sold by
Gillman Ruth Rachael
Bought by
Gillman Ruth and Ruth Gillman Revocable Trust

Purchase Details

Closed on
Jan 8, 2007
Sold by
Tebow Robert
Bought by
Gillman Ruth Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1999
Sold by
Mj Brock & Sons Inc
Bought by
Tebow Robert and Robert Tebow 1994 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7%
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
Ray Nancy M -- Fntg Builder Services
Ray Nancy M -- Fntg Lenders Direct
Ray Nancy M -- Amrock Inc
Ray Nancy M -- Amrock Inc
Ray Nancy M $295,000 First American Title Company
The Kroll Revocable Trust $280,000 First American Title Company
Gillman Ruth -- None Available
Gillman Ruth Rachael $312,500 Chicago Title Co
Tebow Robert $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Nancy M $280,000
Closed Ray Nancy M $283,000
Closed Ray Nancy M $280,000
Previous Owner Gillman Ruth Rachael $100,000
Previous Owner Tebow Robert $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2018 12/27/18 Sold $294,900 0.0% $311 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
09/16/2018 09/16/18 Price Changed $294,900 -4.6% $311 / Sq Ft
08/14/2018 08/14/18 Price Changed $309,000 -1.6% $326 / Sq Ft
08/09/2018 08/09/18 Price Changed $314,000 -1.8% $332 / Sq Ft
08/01/2018 08/01/18 Price Changed $319,900 -3.1% $338 / Sq Ft
07/18/2018 07/18/18 For Sale $330,000 +17.9% $348 / Sq Ft
03/08/2016 03/08/16 Sold $280,000 -6.4% $296 / Sq Ft View Prior Sale
01/23/2016 01/23/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $299,000 -- $316 / 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 $4,160 $328,961 $83,661 $245,300
2023 $4,160 $316,189 $80,413 $235,776
2022 $4,129 $309,990 $78,837 $231,153
2021 $4,052 $303,913 $77,292 $226,621
2020 $4,012 $300,798 $76,500 $224,298
2019 $4,017 $294,900 $75,000 $219,900
2018 $3,959 $291,311 $87,393 $203,918
2017 $3,904 $285,600 $85,680 $199,920
2016 $3,534 $239,000 $115,000 $124,000
2015 $3,545 $239,000 $115,000 $124,000
2014 $3,412 $235,000 $113,000 $122,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Margaret Perez

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • R

    Buyer's Agent in 2018

    RJ Jenkins

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18173757

California Regional Multiple Listing Service (CRMLS)

APN: 947-640-033

California Riverside County Murrieta 92562 The Colony

40740 Corte Albara, Murrieta, CA

Not Listed for Sale

Detached

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