NOT LISTED FOR SALE

42981 Joshua Tree Ct Murrieta, CA 92562

Estimated Value: $1,226,237 - $1,622,000

4 Beds
3.5 Baths
3,454 Sq Ft
$427/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $768,500 $222 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,749/month

3 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Fireplace in Primary Bedroom
  • Thompson Middle School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of March 2016

Olive Hill Ranch Gated Community Executive Home. This prestigious home is nestled in the foothills of West Murrieta, and meets the needs of the most selective buyer wanting privacy and space. With almost one acre of land, this home offers views of the mountains & city lights. The property is located in a quiet cul-de-sac with 63 low maintenance Olive Trees. This home greets you with a decorative glass front door, custom awnings, & private courtyard with fireplace. The home also features: High ceilings, crown molding, plantation shutters (life time warranty), and hardwood floors. The gourmet kitchen has granite counters with travertine back splash & stainless steel appliances. Downstairs bedroom with en suite & office with powder bath. Spiral staircase leads to the spacious Master suite with mountain views, custom shutters, wood burning fireplace. The lavish master bath offers soaking tub & glass enclosed shower. The upstairs includes two additional spacious bedrooms and a full bathroom. The bonus room has french doors with a private balcony & city light views. Three car split garage. A water feature & patio area with extensive hardscape, walk ways, & landscaped grounds! Low taxes and a low HOA monthly fees.

Last Agent to Sell the Property

Karen Myatt

Century 21 Masters License #01048979 Listed on: 02/12/2016

Century 21 Masters

Co-Listed By

Todd Myatt

Century 21 Masters License #01395249

Last Buyer's Agent

David Serpa

eXp Realty of California, Inc. License #01944761

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,896

Year Built

  • Built in 2001

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Hills

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,454 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Fireplace in Patio
  • Slab Porch or Patio

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 23442
  • Assessor Parcel Number 906350026

Community Details

Overview

  • Olive Hill Ranch Community Association, Phone Number (951) 834-9502

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,896

Year Built

Built in 2001

Lot Details

0

HOA Fees

$118 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 906350026
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3454.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 222.50
  • Room Type: Den, Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Walk-In Closet, Office
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Hills
  • Patio And Porch Features: Concrete, Slab, Stone
  • Pool Private: No
  • Roof: Concrete, Tile
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly
  • Association Fee: 118.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Hill Ranch Community Association
  • Phone: (951) 834-9502
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Murrieta

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lot Over 40000 Sqft, Sprinkler System
  • Lot Size Sq Ft: 41382.00
  • Price Per Lot Square Foot: 18.57
  • Lot Size Acres: 0.9500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41382.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 23442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Feb 17, 2016
Sold by
Bree William E and Bree Charlene
Bought by
Burnell Matthew Glen and Burnell Melissa Ann
Seller's Agent
Karen Myatt
Century 21 Masters
Buyer's Agent
David Serpa
eXp Realty of California, Inc.
List Price
$768,500
Sold Price
$768,500
Current Estimated Value
$1,476,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,059
Avg. Annual Appreciation
7.03%
Original Mortgage
$368,500
Outstanding Balance
$292,227
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,184,332

Purchase Details

Closed on
Jan 21, 2011
Sold by
U S Bank National Association
Bought by
Bree William E and Bree Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Weitzeil James W
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 11, 2006
Sold by
Weitzeil James W and Weitzeil Carmen
Bought by
Weitzeil James W

Purchase Details

Closed on
Sep 14, 2006
Sold by
Weitzeil Carmen
Bought by
Weitzeil James W

Purchase Details

Closed on
Sep 24, 2004
Sold by
Weitzeil James W
Bought by
Weitzeil James W and Weitzeil Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,064
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2003
Sold by
Weitzeil James W
Bought by
Weitzeil Carmen

Purchase Details

Closed on
May 9, 2003
Sold by
Weitzeil Carmen
Bought by
Weitzeil James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2002
Sold by
Weitzeil James W
Bought by
Weitzeil Carmen

Purchase Details

Closed on
Feb 13, 2002
Sold by
Barratt American Inc
Bought by
Weitzeil James and Weitzeil Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,950
Interest Rate
7.13%

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
Burnell Matthew Glen $768,500 Stewart Title Riverside
Bree William E $460,000 Lawyers Title
U S Bank National Association $445,000 None Available
Weitzeil James W -- Orange Coast Title
Weitzeil James W -- Orange Coast Title
Weitzeil James W -- Landsafe Title
Weitzeil Carmen -- --
Weitzeil James W -- New Century Title Company
Weitzeil Carmen -- --
Weitzeil James $540,000 Fidelity National Title Co
Lacrosse Ventures Inc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnell Matthew Glen $368,500
Previous Owner Bree William E $368,000
Previous Owner Weitzeil James W $67,064
Previous Owner Weitzeil James W $463,500
Previous Owner Weitzeil James $431,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $768,500 0.0% $222 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $768,500 -- $222 / 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 $9,896 $909,739 $254,511 $655,228
2023 $9,896 $874,415 $244,629 $629,786
2022 $9,857 $857,271 $239,833 $617,438
2021 $9,666 $840,463 $235,131 $605,332
2020 $9,567 $831,847 $232,721 $599,126
2019 $9,382 $815,537 $228,158 $587,379
2018 $9,201 $799,547 $223,686 $575,861
2017 $9,072 $783,870 $219,300 $564,570
2016 $5,839 $497,833 $173,159 $324,674
2015 $5,776 $490,358 $170,559 $319,799
2014 $5,504 $480,755 $167,219 $313,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16030312

California Regional Multiple Listing Service (CRMLS)

APN: 906-350-026