NOT LISTED FOR SALE

42950 Joshua Tree Ct Murrieta, CA 92562

Estimated Value: $1,189,000 - $1,635,000

4 Beds
3.5 Baths
3,454 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $1,096,000 $317 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,475/month

84 Days on Market

Highlights

  • Horse Property Unimproved
  • Heated Spa
  • Mountain View
  • Thompson Middle School Rated A-
  • Open Floorplan
  • Outdoor Fireplace

About This Home

As of November 2022

BEAUTIFUL VIEW PROPERTY IN A FANTASTIC LOCATION. This gated has estate size properties yet is just a short distance from Old Town and easy freeway access just 2 miles away. Olive Hill Ranch is nestled within gentle rolling hills and surrounded by horse property. This almost 1 acre parcel is located near the end of a cul de sac with unobstructed rear views. The fenced in property is zoned for horses and has a lower lot just waiting for the corral. Upon entry, the dramatic two story living room is flooded with natural light while the open concept kitchen and family room has numerous built-ins, a large island, granite countertops, stainless appliances, a 6 burner gas range and a stacked stone fireplace. DOWNSTAIRS THERE IS AN ENSUITE BEDROOM with a walk-in closet and a full bath perfect for in-laws or guests AND there is a MAIN FLOOR SEPARATE office. Distressed wood floors throughout the main living space add to the warmth of this easy to live in floor plan. Upstairs the master suite showcases a beautiful view, two walk in closets and a large scale master bath with 2 additional bedrooms with a full hall bath upstairs. A generous bonus room with balcony complete the second story. A spacious and private yard with beautiful pool and raised spa with water features. RV Parking with 3 car garage (2 car and 1 car) and paid for solar that produces 125% of what the home consumes. LOW HOA DUES!

Last Agent to Sell the Property

Kris Hansen

Coldwell Banker Assoc.Brks-CL License #01878656 Listed on: 08/03/2022

Coldwell Banker Assoc.Brks-CL

Last Buyer's Agent

Kyle Niemi

Impact Real Estate License #02022425

Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,451

Year Built

  • Built in 2000

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Lot Sloped Down
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Hills

Home Design

  • Planned Development

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Game Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Rain Gutters

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 23442
  • Assessor Parcel Number 906350019

Community Details

Overview

  • Elite Association
  • Foothills

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,451

Year Built

Built in 2000

Lot Details

0

HOA Fees

$160 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Cell
  • Other Phone Number: 9515516434
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 906350019
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3454.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: Street Level
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 317.31
  • Room Type: Bonus Room, Entry, Formal Entry, Foyer, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Gunite, Heated
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Hills, Mountain(s)
  • Pool Features: Private, Gunite, Heated
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Microwave
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Elite
  • Phone: Elite
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Gutters, Storm Drains
  • Association Management: Elite

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sloped Down, Horse Property Unimproved, Lot Over 40000 Sqft, Rectangular Lot, Sprinkler System, Sprinklers Drip System
  • Lot Size Sq Ft: 40075.20
  • Lot Size Acres: 0.9200
  • Latitude Manual: 33.54262100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.9200 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 23442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 28, 2022
Sold by
Highsmith Douglas and Highsmith Amy
Bought by
Fregeau Quinn Anthony and Fregeau Rochelle Marie
Seller's Agent
Kris Hansen
Coldwell Banker Assoc.Brks-CL
Buyer's Agent
Kyle Niemi
Impact Real Estate
List Price
$1,299,000
Sold Price
$1,096,000
Premium/Discount to List
-$203,000
-15.63%
Views
78
Current Estimated Value
$1,376,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,482
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 8, 2018
Sold by
Campbell Gregory M and Campbell Sarah L
Bought by
Highsmith Douglas and Highsmith Amy
Seller's Agent
Sue Mitchell
Sur West Homes
Buyer's Agent
Heather Penko
SimpliHOM
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2011
Closed on
Jan 20, 2012
Sold by
Smith Thomas C
Bought by
Campbell Gregory M and Campbell Sarah L
Seller's Agent
Cindy Bakay
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Rachel Lopez
NON-MEMBER/NBA or BTERM OFFICE
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$400,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Smith Thomas C and Smith Rosemarie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Sims Kenneth W and Sims Hortense
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 18, 2001
Sold by
Barratt American Inc
Bought by
Sims Kenneth W and Sims Hortense

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
8.87%

Purchase Details

Closed on
Dec 20, 2000
Sold by
Murrieta Olive Hill Llc
Bought by
Lacrosse Ventures Inc and Meadow Vista Holdings Llc
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
Fregeau Quinn Anthony $1,097,000 Stewart Title
Highsmith Douglas $699,000 Chicago Title Company
Campbell Gregory M $490,000 Chicago Title Inland Empire
Smith Thomas C $450,000 Lsi Title Company
Deutsche Bank National Trust Company $865,363 Multiple
Sims Kenneth W $611,000 Fidelity National Title Co
Lacrosse Ventures Inc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Highsmith Douglas $453,100
Previous Owner Campbell Gregory M $400,000
Previous Owner Smith Thomas C $360,000
Previous Owner Sims Kenneth W $488,750
Closed Sims Kenneth W $61,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $1,096,000 -0.3% $317 / Sq Ft
10/23/2022 10/23/22 Price Changed $1,099,000 -12.1% $318 / Sq Ft
10/03/2022 10/03/22 Price Changed $1,249,900 -3.8% $362 / Sq Ft
08/03/2022 08/03/22 For Sale $1,299,000 +85.8% $376 / Sq Ft
08/27/2018 08/27/18 Sold $699,000 0.0% $202 / Sq Ft View Prior Sale
08/05/2018 08/05/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $699,000 +42.7% $202 / Sq Ft
02/23/2012 02/23/12 Sold $490,000 -1.8% $142 / Sq Ft View Prior Sale
01/19/2012 01/19/12 Pending -- -- --
01/10/2012 01/10/12 Price Changed $499,000 -4.9% $144 / Sq Ft
11/30/2011 11/30/11 Price Changed $524,900 -1.9% $152 / Sq Ft
10/17/2011 10/17/11 For Sale $535,000 -- $155 / 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 $12,451 $1,141,262 $78,030 $1,063,232
2023 $12,451 $1,096,947 $75,000 $1,021,947
2022 $8,900 $766,822 $199,723 $567,099
2021 $8,729 $751,787 $195,807 $555,980
2020 $8,641 $744,080 $193,800 $550,280
2019 $8,128 $699,000 $190,000 $509,000
2018 $6,332 $540,907 $137,984 $402,923
2017 $6,246 $530,302 $135,279 $395,023
2016 $6,164 $519,905 $132,627 $387,278
2015 $6,099 $512,097 $130,636 $381,461
2014 $5,812 $502,068 $128,078 $373,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22170925

California Regional Multiple Listing Service (CRMLS)

APN: 906-350-019