NOT LISTED FOR SALE

8429 Terrace Dr Morongo Valley, CA 92256

Estimated Value: $370,600 - $491,000

2 Beds
1 Bath
1,300 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $144,000 $111 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,519/month

106 Days on Market

Highlights

  • Community Stables
  • RV Access or Parking
  • 43,560 Sq Ft lot
  • Horse Property Unimproved
  • Panoramic View
  • Near a National Forest

About This Home

As of January 2017

Little Morongo Heights Retro Home with panoramic views overlooking city lights & snow capped mountains. This home is turn key, 2 patio access bedrooms, 1 remodeled bathroom with newer fixtures. The kitchen has newer stainless steel appliances and ample counter space. The living room/ dining area is accented with a beautiful stone fireplace and wood stove insert. Sliding glass doors open to valley views, mature trees and lovely stone patio. Exterior features include detached garage, sheds, 2 dog runs/pens with small trees, shady walled in patio, sheds, and a circular driveway around the property.

Last Agent to Sell the Property

Madelaine LaVoie

Cherie Miller & Associates License #01005011 Listed on: 07/07/2016

Cherie Miller & Associates

Last Buyer's Agent

Mark Simpson

Coldwell Banker Roadrunner Realty License #01927158

Coldwell Banker Roadrunner Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Desert faces the front and back of the property
  • Southwest Facing Home
  • Chain Link Fence
  • Secluded Lot
  • Private Yard
  • Property is zoned DC512

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Hills
  • Neighborhood

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Recreation Room
  • Bonus Room

Kitchen

  • Propane Oven
  • Propane Cooktop
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Stone Porch or Patio
  • Shed

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Wall Furnace
  • 220 Volts in Garage
  • Propane Water Heater
  • Conventional Septic
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 0580241280000

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Property is near a preserve or public land
  • Valley

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Unpaved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: DC512
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0580241280000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Price Per Square Foot: 110.77
  • Room Type: Bonus Room, Living Room, Recreation

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Satellite Dish
  • View: City Lights, Desert, Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Stone
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, Garage Faces Front, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Phone Connected, Propane, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Oven, Propane Cooktop, Propane Water Heater, Range Hood, Refrigerator
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central, Wall Furnace, Forced Air, Propane, Wood Stove
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Horse Trails, Preserve/Public Land, Stable(s), Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Desert Front, Horse Property Unimproved, Lot Over 40000 Sqft, Secluded, Yard
  • Lot Size Sq Ft: 43560.00
  • Price Per Lot Square Foot: 4.25

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Rodriguez Lillian
Bought by
Masterson Christina Marie and Harman Brandon Russell
Current Estimated Value
$425,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Outstanding Balance
$23,086
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$402,314

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 16, 2016
Sold by
Weichert Workforce Mobilty Inc
Bought by
Rodriguez Lillian
Seller's Agent
Madelaine LaVoie
Cherie Miller & Associates
Buyer's Agent
Mark Simpson
Coldwell Banker Roadrunner Realty
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$141,391
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2016
Sold by
Lyons Timothy James
Bought by
Weichert Workforce Mobility Inc

Purchase Details

Closed on
Aug 28, 2008
Sold by
Duran Louis John
Bought by
Lyons Timothy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,698
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2001
Sold by
Duran Louis J
Bought by
Duran Louis and Duran Mary

Purchase Details

Closed on
Jan 21, 1997
Sold by
Waddington Nathan J and Waddington Mary S & Nathan J Family Tr
Bought by
Duran Louis J and Duran Mary E

Purchase Details

Closed on
Jul 15, 1994
Sold by
Waddington Nathan J
Bought by
Waddington Nathan J and Waddington Mary S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masterson Christina Marie $290,000 Stewart Title
Rodriguez Lillian $144,000 Chicago Title Company
Weichert Workforce Mobility Inc $131,500 Chicago Title Company
Lyons Timothy James $179,000 Landwood Title
Duran Louis -- Landwood Title
Duran Louis -- Landwood Title
Duran Louis -- --
Duran Louis J $65,000 Commonwealth Land Title Co
Waddington Nathan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Christina Marie $26,100
Previous Owner Rodriguez Lillian $141,391
Previous Owner Lyons Timothy James $174,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $144,000 +2.9% $111 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $139,900 0.0% $108 / Sq Ft
10/12/2016 10/12/16 For Sale $139,900 -2.8% $108 / Sq Ft
09/23/2016 09/23/16 Off Market $144,000 -- --
08/28/2016 08/28/16 Price Changed $185,000 -2.6% $142 / Sq Ft
07/07/2016 07/07/16 For Sale $189,900 -- $146 / 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 $3,528 $295,500 $59,100 $236,400
2024 $3,528 $307,750 $61,550 $246,200
2023 $3,460 $301,716 $60,343 $241,373
2022 $3,389 $295,800 $59,160 $236,640
2021 $1,913 $154,397 $26,805 $127,592
2020 $1,897 $152,814 $26,530 $126,284
2019 $1,865 $149,818 $26,010 $123,808
2018 $1,821 $146,880 $25,500 $121,380
2017 $1,819 $145,600 $36,400 $109,200
2016 $1,729 $137,300 $34,300 $103,000
2015 $1,655 $132,000 $33,000 $99,000
2014 $1,328 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT16148377

California Regional Multiple Listing Service (CRMLS)

APN: 0580-241-28