NOT LISTED FOR SALE

42611 Arjay Way Murrieta, CA 92562

Estimated Value: $2,236,000 - $2,924,000

5 Beds
4.5 Baths
5,971 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $1,400,000 $234 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $15,228/month

237 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • View of Hills
  • Outdoor Fireplace
  • Thompson Middle School Rated A-
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom

About This Home

As of March 2014

The Hidden Emerald.Bring your most sophisticated clients & you'll not be disappointed! Main House 5,055 SQFT,Guest Quarter w/separate entry is 916 SQFT. 1,200 SQFT elegant wrap around covered porches w/recessed lights.Enter into elegance & unsurpassed taste as you cross the entry way of this exquisite home. The baby grand piano room is adjacent to the open dining room with the view to the "Park Like" rear grounds & pool.The downstairs master bedroom as well has access to the porch & pool area.Custom cabinetry throughout the bright & elegant Master Bath.The downstairs STE (secondary Bedroom) has its own private bathroom walk in closet & beautiful view of the lavishing grounds.The European Custom cabinetry in the Gourmet Kitchen will WOW you as you'll notice the hand picked finest granite counter tops,SS farm sink & all the accessories carefully selected to achieve the rich decor.Comfortable downstairs Office with mahogany built-ins & coffered ceiling+High speed internet connection.The Guest Quarter is to die for,check it out when you'll visit.Water well producing 75 +/- GPM,Whole House water softener,Whole House Fan,Intercom System,Surround Sound,Over sized Laundry Room,Distressed Maple Flooring,Built-in outdoor 60" flat screen TV.Low Taxes, NO HOA fees

Last Agent to Sell the Property

Massimo Spadazzi

Gold Shield Realty Group License #01344676 Listed on: 12/20/2013

Last Buyer's Agent

Massimo Spadazzi

Gold Shield Realty Group License #01344676 Listed on: 12/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,032

Year Built

  • Built in 2003

Lot Details

  • 2.3 Acre Lot
  • Home fronts a stream
  • Rural Setting
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Concrete Roof

Interior Spaces

  • 5,971 Sq Ft Home
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Library
  • Intercom

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Pool Heated With Propane

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Community Details

  • Property has a Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 24470
  • Assessor Parcel Number 909340002

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,032

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 909340002
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5971.00
  • Interior Amenities: Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Intercom, Pantry
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Price Per Square Foot: 234.47
  • Room Type: Entry, Family Room, Guest/Maid's Quarters, Jack & Jill, Library, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Pantry, Walk-In Closet
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Hills, Park/Greenbelt
  • Pool Features: Heated, Heated with Propane, In Ground, Private, Solar Heat, Salt Water
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Front Yard, Greenbelt, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 100188.00
  • Lot Size Acres: 2.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.3000 Acres
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Stream

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 24470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Feb 11, 2014
Sold by
Buffington Jeffrey Lewis and Buffington Elizabeth Dorcas
Bought by
Cochran Russell and Cochran Stephanie
Seller's Agent
Massimo Spadazzi
Gold Shield Realty Group
Buyer's Agent
Massimo Spadazzi
Gold Shield Realty Group
List Price
$1,699,000
Sold Price
$1,400,000
Premium/Discount to List
-$299,000
-17.6%
Current Estimated Value
$2,564,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,993
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,012,500
Outstanding Balance
$711,887
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,853,106

Purchase Details

Closed on
Dec 30, 2011
Sold by
Buffington Jeff and Buffington Elizabeth
Bought by
Buffington Jeffrey Lewis and Buffington Elizabeth Dorcas

Purchase Details

Closed on
Nov 26, 2008
Sold by
Buffington Jeff and Buffington Elizabeth
Bought by
Buffington Jeff and Buffington Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 29, 2008
Sold by
Bush Jeffrey and Bush Tiffany
Bought by
Buffington Jeff and Buffington Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 2, 2005
Sold by
Baker Steve and Baker Lynne
Bought by
Bush Jeffrey and Bush Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,386,750
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Baker Steve and Baker Lynne
Bought by
Baker Steve and Baker Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 19, 2002
Sold by
Buzz Electric Inc
Bought by
Baker Steve and Baker Lynne

Purchase Details

Closed on
Jan 25, 1999
Sold by
Jones Ronald J and Jones Donna J
Bought by
Buzz Electric Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cochran Russell $1,500,000 Lsi Title Company
Buffington Jeffrey Lewis -- None Available
Buffington Jeff -- Fidelity
Buffington Jeff $800,000 None Available
Bush Jeffrey $1,849,000 Fntic Inland Empire
Baker Steve -- Gateway Title Company
Baker Steve $178,000 Commonwealth Land Title Co
Buzz Electric Inc $117,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Russell $1,012,500
Previous Owner Buffington Jeff $825,000
Previous Owner Bush Jeffrey $1,386,750
Previous Owner Baker Steve $600,000
Previous Owner Buzz Electric Inc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $1,400,000 -17.6% $234 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $1,699,000 +21.4% $285 / Sq Ft
12/06/2013 12/06/13 Off Market $1,400,000 -- --
06/18/2013 06/18/13 For Sale $1,699,000 -- $285 / 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 $20,032 $1,838,782 $398,398 $1,440,384
2023 $20,032 $1,767,382 $382,929 $1,384,453
2022 $19,959 $1,732,728 $375,421 $1,357,307
2021 $19,573 $1,698,754 $368,060 $1,330,694
2020 $19,374 $1,681,336 $364,286 $1,317,050
2019 $18,999 $1,648,370 $357,144 $1,291,226
2018 $18,632 $1,616,050 $350,142 $1,265,908
2017 $18,374 $1,584,364 $343,277 $1,241,087
2016 $18,129 $1,553,299 $336,547 $1,216,752
2015 $17,934 $1,529,969 $331,493 $1,198,476
2014 $9,688 $840,391 $315,145 $525,246
Source: Public Records

Agents Affiliated with this Home

  • Massimo Spadazzi

    Seller's Agent in 2014

    Massimo Spadazzi

    Gold Shield Realty Group

    (951) 236-1122

    30 Total Sales

    Massimo Spadazzi
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13116991

California Regional Multiple Listing Service (CRMLS)

APN: 909-340-002

California Riverside County Murrieta 92562

42611 Arjay Way, Murrieta, CA

This home is located at 42611 Arjay Way, Murrieta, CA 92562 since 20 December 2013 and is currently estimated at $2,564,993, approximately $429 per square foot. This property was built in 2003. 42611 Arjay Way is a home located in Riverside County with nearby schools including Murrieta Elementary School, Thompson Middle School, and Murrieta Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes