NOT LISTED FOR SALE

40938 Belleray Ave Murrieta, CA 92562

Murrieta Area

Estimated Value: $549,000 - $553,000

3 Beds
2.5 Baths
2,066 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2021

Last sale price $430,000 $208 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,882 / mo

1 Day on Market

Highlights

  • No Units Above
  • Dual Staircase
  • Granite Countertops
  • E. Hale Curran Elementary School Rated A-
  • Great Room
  • Community Pool

About This Home

As of April 2021

This beautiful 3-story condo is the place you are going to love to call home! The comfortable front patio space is ready to make your own; and entering the lower level you will find a large den/office with adjacent desk/work-out space and access to the 3-car tandem garage. This space is great for those working from home! Up on the 2nd level, the large great room, includes dining room, kitchen and huge living room (as well as a ½ bath). Don’t forget to step outside and enjoy the balcony. The covered space here makes it perfect for outdoor entertaining no matter what the weather. Back inside, notice the large island and granite counters. Up on the 3rd floor, find the laundry room and spare bath, as well as two spacious bedrooms. And be sure to explore the large main bedroom with plenty of natural light. The luxurious main bath is sure to be a welcome refuge in these times! Built in 2015, this home features built in sprinkler system as well as a tankless water heater. All this with excellent freeway access and close proximity to all that Temecula and Murrieta have to offer! Welcome to The Ridge at Cal Oaks.

Last Agent to Sell the Property

Michael Bouma

Ardent Realty License #01007769 Listed on: 03/06/2021

Co-Listed By

Linda Willingham

Ardent Realty License #00663142

Last Buyer's Agent

Cale Thomas

Elite Properties Direct License #01248699

Range of Values:

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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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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2015

Lot Details

  • 436 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Interior Spaces

  • 2,066 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Great Room
  • Den
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Patio

Schools

  • Murrieta High School

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block 101 / 15
  • Tax Tract Number 1
  • Assessor Parcel Number 949691015

Community Details

Overview

  • 102 Units
  • The Ridge @ Cal Oaks Association, Phone Number (949) 491-1444
  • Nexus Smart Communities HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 2015

Lot Details

436 Sq Ft Lot

HOA Fees

$248 per month

Parking

3

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Dryer - Refrigerator
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 949691015
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2066.00 Square Feet
  • Interior Amenities: 2 Staircases, Granite Counters
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 208.13
  • Room Type: All Bedrooms Up, Den, Great Room, Kitchen, Laundry

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground
  • Association Fee: 248.00
  • Association Fee Frequency: Monthly
  • Association Name: The Ridge @ Cal Oaks
  • Phone: 949-491-1444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Nexus Smart Communities

Schools

  • High School: Murrieta
  • High School2: MURRIE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 436.00
  • Lot Size Acres: 0.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 436.0000 Square Feet
  • Number Of Units In Community: 102
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 432.28
  • Tax Lot: 101
  • Tax Tract Number: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 10, 2021
Sold by
Albaum Michael and Albaum Claire
Bought by
Seller's Agent
Michael Bouma
Ardent Realty
Buyer's Agent
Cale Thomas
Elite Properties Direct
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Current Estimated Value
$551,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,210
Avg. Annual Appreciation
4.69%
Original Mortgage
$422,211
Outstanding Balance
$372,123
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$179,087

Purchase Details

Closed on
Dec 29, 2020
Sold by
30 Degrees North Llc
Bought by
Albaum Michael and Albaum Claire

Purchase Details

Closed on
Aug 17, 2018
Sold by
Albaum Michael
Bought by
30 Degrees North Llc

Purchase Details

Closed on
Jul 12, 2015
Sold by
D R Horton Los Angeles Holding Company I
Bought by
Albaum Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,492
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 First American Title Company
Albaum Michael -- Spruce Title Company
30 Degrees North Llc -- None Available
Albaum Michael $310,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $422,211
Previous Owner Albaum Michael $232,492
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2021 04/08/21 Sold $430,000 +2.4% $208 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $420,000 +35.5% $203 / Sq Ft
05/02/2016 05/02/16 Sold $309,990 -- $150 / Sq Ft View Prior Sale
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,110 $474,752 $104,886 $369,866
2025 $7,110 $465,444 $102,830 $362,614
2023 $6,990 $447,372 $98,838 $348,534
2022 $6,952 $438,600 $96,900 $341,700
2021 $5,918 $355,000 $80,000 $275,000
2020 $5,832 $346,800 $81,600 $265,200
2019 $5,646 $328,973 $84,896 $244,077
2018 $5,565 $322,524 $83,232 $239,292
2017 $5,505 $316,200 $81,600 $234,600
2016 $5,447 $310,000 $80,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21045897

California Regional Multiple Listing Service (CRMLS)

APN: 949-691-015

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