NOT LISTED FOR SALE

9295 Lofty Ln Cherry Valley, CA 92223

Estimated Value: $732,000 - $1,050,000

5 Beds
5.5 Baths
4,528 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $758,000 $167 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,238/month

349 Days on Market

Highlights

  • Horse Property Unimproved
  • Primary Bedroom Suite
  • Custom Home
  • Brookside Elementary School Rated 9+
  • Panoramic View
  • 1.26 Acre Lot

About This Home

As of September 2024

Welcome to this unique, Cherry Valley Estate! Lots of room for the family! This horse property provides more than enough room for agriculture & possible ADU. Cypress trees welcome you to this private cul-de-sac accessible via a gated drive. Home includes an impressive entryway, lots of privacy, & an open floor plan. The exterior is solid, brick. Interior provides notable ceiling styles (including vaulted and beamed), and fireplaces in the living room and primary bedroom. With ample room for food prep, the kitchen brims with an attractive island layout, custom, glass cabinetry, double sink, built-in oven/range, and breakfast nook. Main floor includes bedroom & 3 bathrooms (additional bathroom added by homeowner), along with den/office space. Second floor primary bedroom includes two walk-in closets, sitting space with gas fireplace, and a private bath with a separate tub and shower. Three additional bedrooms on the second floor include jack & jill, along with another large bedroom & en suite bathroom. Additional storage in the finished attic, space was converted to two bedrooms & 2 additional bathrooms (not included in sq. footage). Exterior includes an inviting entry, an enclosed back porch, an outdoor sitting area with amazing views of the valley, and fruit trees throughout the property. The attached three-car garage is perfect for a workshop. Lots of space for entertainment! Great, multi-generational layout. Finished attic and additional bathrooms not permitted – buyer to verify. Additional features include fully PAID SOLAR, indoor laundry with sink. The home is located at the end of a quiet cul de sac. Beautiful, Cherry Valley properties like this one rarely become available! Don't wait!

Last Agent to Sell the Property

BRANDIE SPACONE

Berkshire Hathaway Homeservices California Realty Brokerage Phone: 909-654-4619 License #02134488 Listed on: 07/07/2023

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

Linda Rocha

REALTY ONE GROUP WEST License #00590690

REALTY ONE GROUP WEST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,034

Year Built

  • Built in 1981

Lot Details

  • 1.26 Acre Lot
  • Cul-De-Sac
  • Brick Fence
  • Chain Link Fence
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Up Slope from Street
  • Auto Driveway Gate

Property Views

  • Panoramic
  • City Lights
  • Bluff
  • Mountain

Home Design

  • Custom Home
  • Colonial Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Additions or Alterations
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Tile Roof
  • Flat Tile Roof

Interior Spaces

  • 4,528 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Door Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Attic

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Electric Oven
  • Built-In Range
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Corian Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Type Unknown
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Solar owned by seller
  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 419
  • Tax Tract Number 56014
  • Assessor Parcel Number 407350014
  • $2,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Amenities

  • Service Entrance

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,034

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: unknown
  • View: Yes
  • Architectural Style: Colonial, Custom Built, Traditional
  • Property Condition: Additions/Alterations, Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 407350014
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4528.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s), Service Entrance
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 167.40
  • Room Type: Attic, Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Separate Family Room, Walk-In Pantry
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Corian Counters, Double Sinks In Bath(s), Double Sinks In Primary Bath, Hollywood Bathroom (Jack&Jill), Linen Closet/Storage, Main Floor Full Bath
  • Room Kitchen Features: Corian Counters, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Kitchenette, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Satellite Dish
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Patio And Porch Features: Enclosed, Patio, Rear Porch
  • Pool Private: No
  • Roof: Flat Tile, Tile
  • Spa: No
  • Construction Materials: Brick, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Concrete, Paved, Garage Faces Side, Garage - Two Door, Garage Door Opener, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Trash Compactor, Water Heater, Water Line to Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Individual Room, Inside, Laundry Chute
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Back Yard, Bluff, Cul-De-Sac, Front Yard, Garden, Horse Property Unimproved, Lot Over 40000 Sqft, Up Slope from Street
  • Lot Size Sq Ft: 54885.60
  • Lot Size Acres: 1.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.2600 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 419
  • Tax Tract Number: 056014
  • TaxOtherAnnualAssessmentAmount: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Michael W Carter Revocable Living Trust and Carter Michael W
Bought by
Olmedo Laurie E
Current Estimated Value
$868,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,600
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2023
Sold by
Carter Michael W
Bought by
Michael W Carter Revocable Living Trust and Carter

Purchase Details

Closed on
Aug 5, 2020
Sold by
Carter Elise and Carter Michael W
Bought by
Carter Fuse and Carter Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jul 7, 2016
Sold by
Arns Inc
Bought by
Carter Elise and Carter Michael W
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
ERIK GREEN
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
List Price
$506,000
Sold Price
$415,164
Premium/Discount to List
-$90,836
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$375,465
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2015
Sold by
Hernandez David C and Hernandez Mary Lou
Bought by
Christiana Trust
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
Olmedo Laurie E $758,000 Pacific Coast Title
Michael W Carter Revocable Living Trust -- None Listed On Document
Carter Fuse -- Orange Coast Title Company
Carter Elise $415,500 Premium Title Of Ca Inc
Arns Inc -- Premium Title Agency Inc
Christiana Trust $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olmedo Laurie E $530,600
Previous Owner Carter Fuse $313,900
Previous Owner Carter Elise $375,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $758,000 +1.1% $167 / Sq Ft
08/10/2024 08/10/24 For Sale $750,000 0.0% $166 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $750,000 -2.5% $166 / Sq Ft
05/01/2024 05/01/24 Price Changed $769,000 -2.5% $170 / Sq Ft
03/18/2024 03/18/24 For Sale $789,000 0.0% $174 / Sq Ft
03/15/2024 03/15/24 For Sale $789,000 0.0% $174 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $789,000 -4.8% $174 / Sq Ft
01/12/2024 01/12/24 For Sale $829,000 +9.4% $183 / Sq Ft
01/09/2024 01/09/24 Off Market $758,000 -- --
10/24/2023 10/24/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $829,000 -5.3% $183 / Sq Ft
07/07/2023 07/07/23 For Sale $875,000 +110.8% $193 / Sq Ft
08/31/2016 08/31/16 Sold $415,164 -5.6% $94 / Sq Ft View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
04/15/2016 04/15/16 Price Changed $440,000 -4.3% $100 / Sq Ft
03/11/2016 03/11/16 Price Changed $460,000 -5.2% $104 / Sq Ft
02/02/2016 02/02/16 Price Changed $485,000 -4.2% $110 / Sq Ft
11/12/2015 11/12/15 For Sale $506,000 -- $114 / 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 $8,034 $758,000 $227,401 $530,599
2023 $8,034 $602,376 $66,929 $535,447
2022 $7,910 $590,566 $65,617 $524,949
2021 $7,758 $578,987 $64,331 $514,656
2020 $7,681 $573,051 $63,672 $509,379
2019 $7,561 $561,816 $62,424 $499,392
2018 $7,533 $550,800 $61,200 $489,600
2017 $7,417 $540,000 $60,000 $480,000
2016 $6,926 $507,522 $31,878 $475,644
2015 $4,485 $334,803 $33,791 $301,012
2014 $4,487 $328,246 $33,130 $295,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23121639

California Regional Multiple Listing Service (CRMLS)

APN: 407-350-014