NOT LISTED FOR SALE

Estimated Value: $2,189,568 - $2,784,000

5 Beds
8 Baths
6,081 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $1,450,000 $238 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $15,087/month

4 Days on Market

Highlights

  • Ocean View
  • Projection Room
  • Covered RV Parking
  • Thompson Middle School Rated A-
  • Infinity Pool
  • Primary Bedroom Suite

About This Home

As of February 2018

Huge Price Reduction! Seller's Loss is your Gain! This Gorgeous Modern Castle is located at the Top of the Hill in the heart of Southern California Wine Country. It has 360 Degree Panoramic Views of the Ocean, Mountains, City Lights and Avocado/Citrus Groves. The Elegant Infinity Pool also offers breathtaking views! Private gated and paved road access to the property. Over 6,000 sqft gross area features 5 Bedrooms, 8 Bathrooms, and a large Solarium with Pool Table, Bar, Jacuzzi , Kitchen and also to Detached Bedrooms for Guests. High Ceilings, Wood Floors and Modern Top Line Kitchen Appliances. Large 3 Car Garage and Shop Area. This property is close to Cross Creek Golf Course, Temecula Wine Country, Promenade Mall, Historic Old Town and Pechanga Casino. Home is on 12 acre lot zoned R-A-10. Ocean influenced Climate. Good School District. Spectacular!!!

Last Agent to Sell the Property

Jing Chen

Coldwell Banker George Realty License #01911286 Listed on: 01/08/2018

Coldwell Banker George Realty

Last Buyer's Agent

Freeman Wang

PARTNER Real Estate License #01966395

PARTNER Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,413

Year Built

  • Built in 2005

Lot Details

  • 12.1 Acre Lot
  • Security Fence
  • Privacy Fence
  • Wire Fence
  • Fence is in excellent condition
  • Landscaped
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Value in Land
  • Property is zoned R-A-10

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate
  • Covered RV Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Orchard Views
  • Mountain
  • Valley
  • Pool

Home Design

  • Custom Home
  • Contemporary Architecture

Interior Spaces

  • 6,081 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Projection Room
  • Library
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 8 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • Infinity Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Agricultural
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 512
  • Assessor Parcel Number 938110013

Community Details

Overview

  • Santa Margarita Ranchos Association, Phone Number (951) 296-9030
  • Mountainous Community
  • Valley

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,413

Year Built

Built in 2005

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Gated Community, Security System, Wired for Alarm System
  • View: Yes
  • Zoning: R-A-10
  • Architectural Style: Contemporary, Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 938110013
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6081.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 238.45
  • Room Type: Bonus Room, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Library, Living Room, Master Bedroom, Master Suite, Projection, Recreation, Retreat, Separate Family Room, Sun, Two Masters, Utility Room, Walk-In Closet
  • Spa Features: In Ground
  • Bathroom Features: Shower

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Mountain(s), Ocean, Orchard, Panoramic, Pool, Valley
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy, Security, Wire
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Private, In Ground, Infinity
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener, On Site, Private, RV Covered, RV Gated
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Propane Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 60.00
  • Association Fee Frequency: Annually
  • Association Name: Santa Margarita Ranchos
  • Phone: (951) 296-9030
  • Senior Community: No
  • Community Features: Mountainous, Valley

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot Over 40000 Sqft, Ranch, Sprinkler System, Value In Land
  • Lot Size Sq Ft: 527076.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 512.00
  • Tax Lot: 1
  • Tax Tract Number: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 12, 2018
Sold by
Hu Wei and Wang Chanzi
Bought by
Amray Llc
Seller's Agent
Jing Chen
Coldwell Banker George Realty
Buyer's Agent
Freeman Wang
PARTNER Real Estate
List Price
$1,480,000
Sold Price
$1,450,000
Premium/Discount to List
-$30,000
-2.03%
Current Estimated Value
$2,413,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,464
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Chan Garwin Yen
Bought by
Hu Wei and Wang Chanzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
2.79%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2011
Sold by
Chan Shu Sun and Chan So Ling
Bought by
Chan Shu Sun and Chan So Ling

Purchase Details

Closed on
Jul 28, 2009
Sold by
Chan So Ling and Chan Shu Sun
Bought by
Chan Shu Sun and Chan So Ling

Purchase Details

Closed on
Mar 26, 2009
Sold by
Chan So Ling and Chan Shu Sun
Bought by
Chan So Ling and Chan Shu Sun

Purchase Details

Closed on
Dec 13, 2000
Sold by
Chang Shun Sun and Chan Son Ling
Bought by
Chan Garwin Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,000
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Amray Llc $1,450,000 First American Title
Hu Wei $1,315,000 Fidelity National Title Oran
Chan Shu Sun -- None Available
Chan Shu Sun -- None Available
Chan So Ling -- None Available
Chan Garwin Yen -- Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hu Wei $820,000
Previous Owner Chan Garwin Yen $687,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $1,450,000 -2.0% $238 / Sq Ft
01/08/2018 01/08/18 For Sale $1,480,000 +640.0% $243 / Sq Ft
09/27/2017 09/27/17 Sold $200,000 -20.0% $38 / Sq Ft
03/15/2017 03/15/17 For Sale $250,000 -81.0% $47 / Sq Ft
03/04/2013 03/04/13 Sold $1,314,888 -11.2% $249 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
11/25/2012 11/25/12 Price Changed $1,480,000 -11.9% $281 / Sq Ft
03/25/2012 03/25/12 For Sale $1,680,000 -- $319 / 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 $22,413 $1,649,848 $455,130 $1,194,718
2023 $22,413 $1,585,784 $437,457 $1,148,327
2022 $22,262 $1,554,691 $428,880 $1,125,811
2021 $21,874 $1,524,208 $420,471 $1,103,737
2020 $21,673 $1,508,580 $416,160 $1,092,420
2019 $21,296 $1,479,000 $408,000 $1,071,000
2018 $20,406 $1,423,045 $357,142 $1,065,903
2017 $20,144 $1,395,143 $350,140 $1,045,003
2016 $19,893 $1,367,788 $343,275 $1,024,513
2015 $19,696 $1,347,245 $338,120 $1,009,125
2014 $18,910 $1,320,856 $331,498 $989,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18005339

California Regional Multiple Listing Service (CRMLS)

APN: 938-110-013