NOT LISTED FOR SALE

42368 Iron Gate Ln Murrieta, CA 92562

Estimated Value: $688,000 - $715,000

5 Beds
2 Baths
2,320 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $627,000 $270 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,470/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Property is near a park
  • Thompson Middle School Rated A-
  • Craftsman Architecture
  • 3-minute walk to Calle Estancia Park

About This Home

As of March 2022

Rare single level home with 2320 sq. ft. including 4 bedrooms plus a full size den/office. This is one of the few models with the Master bedroom on one side of house and other 4 rooms on opposite side. Small courtyard entry leads you in to a very light and bright living room with high ceilings, built in shelving and a separate dining room. Kitchen features a nice size center island with seating that opens to a huge family room with fireplace and TV nook. The middle bathroom has been remodeled and is easily accessible to all bedrooms. The den is currently being used as a home gym, however, in the original builder models, this could have been a 3rd car garage. RV parking on the right side of property that easily fit the sellers Class C RV. This highly desired neighborhood features a lovely park overlooking the creek and mountains beyond on one side and a small golf driving range on the other. The taxes are low and there is no HOA association. Walking distance to schools, parks and our beautiful historic downtown Murrieta with its fun shops salons and delicious restaurants. PAID SOLAR INCLUDED IN SALE.

Last Agent to Sell the Property

Diane Brandt

First Team Real Estate License #01104528 Listed on: 02/18/2022

First Team Real Estate

Last Buyer's Agent

Diane Brandt

First Team Real Estate License #01104528 Listed on: 02/18/2022

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Courtyard Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a park

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 230
  • Assessor Parcel Number 906373004
  • $302 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,427

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 906373004
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2320.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 270.26
  • Room Type: All Bedrooms Down, Den, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Remodeled, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Courtyard
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete, Front Porch, Slab
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave, Range Hood, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Park, Sidewalks

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Park Nearby, Paved, Treed Lot, Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 506.00
  • Tax Lot: 91
  • Tax Tract Number: 230...
  • TaxOtherAnnualAssessmentAmount: 302.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Feb 28, 2022
Sold by
List and Minori
Bought by
Tan Eng Kee Ian and Lee Amanda Quin
Seller's Agent
Diane Brandt
First Team Real Estate
Buyer's Agent
Diane Brandt
First Team Real Estate
List Price
$575,000
Sold Price
$627,000
Premium/Discount to List
$52,000
9.04%
Current Estimated Value
$706,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,821
Avg. Annual Appreciation
3.40%
Original Mortgage
$501,600
Outstanding Balance
$470,329
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$233,075

Purchase Details

Closed on
Mar 1, 2011
Sold by
Page Valerie Ann
Bought by
List Michael and List Minori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,020
Interest Rate
5.02%
Mortgage Type
VA

Purchase Details

Closed on
Oct 12, 2010
Sold by
Anderson Charles Edward
Bought by
Page Valerie Ann

Purchase Details

Closed on
Sep 11, 2006
Sold by
Anderson Chotika
Bought by
Anderson Charles Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Becker Britta Ines
Bought by
Anderson Charles Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Lew Jeffrey Gerald
Bought by
Becker Britta Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1998
Sold by
Standard Pacific Corp
Bought by
Lew Jeffrey Gerald and Becker Britta Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tan Eng Kee Ian $627,000 Priority Title
List Michael $280,000 Western Resources Title
Page Valerie Ann $228,400 None Available
Anderson Charles Edward -- Equity Title Company
Anderson Charles Edward $455,000 Equity Title Company
Becker Britta Ines -- Fidelity Natl Title Ins Co
Lew Jeffrey Gerald $167,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Eng Kee Ian $501,600
Previous Owner List Minori $109,394
Previous Owner List Michael $32,081
Previous Owner List Michael $25,001
Previous Owner List Michael $286,236
Previous Owner List Michael $286,020
Previous Owner Anderson Charles Edward $364,000
Previous Owner Becker Britta Ines $100,000
Previous Owner Becker Britta Ines $157,500
Previous Owner Law Jeffrey Gerald $155,000
Previous Owner Lew Jeffrey Gerald $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $627,000 -0.5% $270 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $630,000 +0.5% $272 / Sq Ft
02/22/2022 02/22/22 Off Market $627,000 -- --
02/18/2022 02/18/22 For Sale $575,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,427 $665,375 $106,120 $559,255
2023 $7,427 $639,540 $102,000 $537,540
2022 $4,040 $338,028 $72,431 $265,597
2021 $3,965 $331,401 $71,011 $260,390
2020 $3,949 $328,004 $70,283 $257,721
2019 $3,877 $321,573 $68,905 $252,668
2018 $3,812 $315,268 $67,555 $247,713
2017 $3,853 $309,087 $66,231 $242,856
2016 $3,826 $303,028 $64,933 $238,095
2015 $3,795 $298,477 $63,958 $234,519
2014 $3,638 $292,632 $62,706 $229,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22022549

California Regional Multiple Listing Service (CRMLS)

APN: 906-373-004