NOT LISTED FOR SALE

4665 Formosa Way Perris, CA 92571

Estimated Value: $651,000 - $742,000

5 Beds
3 Baths
3,452 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $585,000 $169 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,531/month

87 Days on Market

Highlights

  • Sound Studio
  • Primary Bedroom Suite
  • Mediterranean Architecture
  • Rancho Verde High School Rated A-
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of January 2022

Former builder's model home highly upgraded in the Steeplechase community! Tracy floor plan with 5 bedrooms plus loft, 3 full baths and 3 car side by side garage. Very popular with bedroom and full bath downstairs and 4 bedrooms plus loft upstairs, huge great room with fireplace, formal dining room with butlers pantry to kitchen, nook, breakfast island, laundry room with sink, covered front porch and covered rear patio. Being the model home is loaded with upgrades including: paid for Solar System, wine cooler, refrigerator, washer, dryer, double oven, cooktop, custom paint, security system, speaker system, high speed internet wire, 8 foot high interior doors, highly upgraded flooring, soft touch cabinets. No HOA fees!!! As-is Where-is! Including Refrigerator, Cloth Washer & Dryer, Solar System (paid off) & Ceiling Fans. All photos are from Builder, before Tenant moved in 2017.

Last Agent to Sell the Property

Franc Huang

RE/MAX Fine Homes License #01921249 Listed on: 08/27/2021

RE/MAX Fine Homes

Last Buyer's Agent

Ethan Lema

2K Realty License #01216190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,586

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • West Facing Home
  • Vinyl Fence
  • Rectangular Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Lawn
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,452 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sound Studio
  • Tile Flooring

Kitchen

  • Eat-In Galley Kitchen
  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 32707
  • Assessor Parcel Number 302322004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,586

Year Built

Built in 2014 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Cloth Washer & Dryer, Solar System (paid off) & Ceiling Fans
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Steeplechase
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 302322004
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3452.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 169.47
  • Room Type: Family Room, Galley Kitchen, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Sound Studio
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Quartz Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Urban

Schools

  • School District: Val Verde

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.85687500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 426.20
  • Tax Lot: 63
  • Tax Tract Number: 32707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 6, 2021
Sold by
Wei Meng
Bought by
Pina Juan L Carrillo and Carrillo Socorro
Seller's Agent
Franc Huang
RE/MAX Fine Homes
Buyer's Agent
Ethan Lema
2K Realty
List Price
$629,000
Sold Price
$585,000
Premium/Discount to List
-$44,000
-7%
Current Estimated Value
$681,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,637
Avg. Annual Appreciation
5.21%
Original Mortgage
$385,000
Outstanding Balance
$355,277
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$346,453

Purchase Details

Listed on
Oct 21, 2016
Closed on
Apr 7, 2017
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Meng Wei
Seller's Agent
George Marhoefer
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Franc Huang
RE/MAX Fine Homes
List Price
$479,900
Sold Price
$439,990
Premium/Discount to List
-$39,910
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$283,990
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2009
Sold by
Redhawk Communities Inc
Bought by
Mission Pacific Land Company Llc
Source: Public Records

Range of Values:

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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
Pina Juan L Carrillo $585,000 First American Title
Meng Wei $440,000 Fidelity National Title
Mission Pacific Land Company Llc $959,801 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pina Juan L Carrillo $385,000
Previous Owner Meng Wei $283,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $585,000 0.0% $169 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/16/2021 11/16/21 Off Market $585,000 -- --
11/12/2021 11/12/21 Price Changed $629,000 0.0% $182 / Sq Ft
11/12/2021 11/12/21 For Sale $629,000 +7.5% $182 / Sq Ft
11/08/2021 11/08/21 Off Market $585,000 -- --
11/01/2021 11/01/21 For Sale $579,000 -1.0% $168 / Sq Ft
09/12/2021 09/12/21 Off Market $585,000 -- --
09/12/2021 09/12/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $579,000 +31.6% $168 / Sq Ft
04/20/2017 04/20/17 Sold $439,990 -1.4% $127 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/19/2017 02/19/17 Price Changed $446,400 -2.9% $129 / Sq Ft
12/30/2016 12/30/16 Price Changed $459,900 -4.2% $133 / Sq Ft
10/21/2016 10/21/16 For Sale $479,900 -- $139 / 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 $9,586 $620,806 $79,590 $541,216
2023 $9,586 $596,700 $76,500 $520,200
2022 $8,185 $481,188 $71,085 $410,103
2021 $8,028 $471,754 $69,692 $402,062
2020 $7,979 $466,918 $68,978 $397,940
2019 $7,617 $457,764 $67,626 $390,138
2018 $7,535 $448,789 $66,300 $382,489
2017 $6,251 $331,161 $63,989 $267,172
2016 $6,326 $324,669 $62,735 $261,934
2015 $6,527 $319,794 $61,794 $258,000
2014 $700 $60,584 $60,584 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21173118

California Regional Multiple Listing Service (CRMLS)

APN: 302-322-004