Seller's Agent in 2023
Wendell Turner
ABSOLUTE ADVANTAGE REALTY
(909) 721-0714
14 in this area
108 Total Sales
9340 Lofty Ln Cherry Valley, CA 92223
Estimated Value: $708,000 - $797,000
3
Beds
2
Baths
2,440
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- In Ground Spa
- Panoramic View
- No HOA
- Brookside Elementary School Rated 9+
- 1.44 Acre Lot
- Hiking Trails
About This Home
As of June 2023Spectacular Views from the top of Cherry Valley!!! A private Estate style residence fully secure with automatic gate, circle driveway and nearly 1.5 Acres of hilltop heaven. Enjoy views of the Snow Capped mountains, Diamond Valley Lake and Lake Perris, along with the city lights of Beaumont and cities beyond. Inside the home is the perfect layout with over 2400 square feet of single story home. Large living area with a vaulted ceiling in the family room that features a beautiful fireplace. Separate Living Room, Formal Dining area, Kitchen with a large island and a walk in pantry, big home office off of the kitchen. This Cherry Valley Estate has 3 large bedrooms and 2 full bathrooms, the primary bedroom has a full walk in closet with dressing area. Off of the Primary there is a nice rear mountain view and a pergola with a very private sunken spa. Walk in jetted tub in the central bathroom. Full indoor laundry.
UPGRADES List Designer Exterior Modern new Paint on all surfaces. includes a tankless water heater, newer heat and AC system, NEW ROOF 2023 with high performance Designer Scheme shingles. Recent replaced Septic system, Water filtration and pressure booster.
Lot is accessible for large RV's boats and other equipment. Plenty of parking with two car attached garage and full access to rear through the side yard. Room in the back to build a workshop building, guest house, or ADU and plenty of space for an orchard or extensive gardening.
Last Agent to Sell the Property
ABSOLUTE ADVANTAGE REALTY License #01226922 Listed on: 04/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,862
Year Built
- Built in 1986
Lot Details
- 1.44 Acre Lot
- Rectangular Lot
- Front Yard Sprinklers
Parking
- 2 Car Attached Garage
- Up Slope from Street
Property Views
- Lake
- Panoramic
- City Lights
- Canyon
- Mountain
- Hills
- Neighborhood
Interior Spaces
- 2,440 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Pool
- In Ground Spa
- Fiberglass Spa
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tax Lot E
- Tax Tract Number 3898
- Assessor Parcel Number 407350012
- $65 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Horse Trails
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2023
Closed on
Jun 8, 2023
Sold by
Balbach Liliane and Baer Diane
Bought by
Ferrel Tollcsdorf Hans and Ferrel Marie Tolksdorf
Seller's Agent
Wendell Turner
ABSOLUTE ADVANTAGE REALTY
Buyer's Agent
Dennis Miller
RE/MAX ADVANTAGE
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,501
Avg. Annual Appreciation
5.69%
Original Mortgage
$598,500
Outstanding Balance
$584,811
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$164,690
Purchase Details
Closed on
Dec 2, 2021
Sold by
Barkovic Peter and Barkovic Family Trust
Bought by
Balbach Liliane and Baer Diane
Purchase Details
Closed on
Mar 13, 2015
Sold by
Barkovic Petar and Barkovic Lydia
Bought by
Barkovic Family Trust
Purchase Details
Closed on
May 13, 1998
Sold by
Burt Jim H and Burt Elizabeth A
Bought by
Barkovic Petar and Barkovic Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,400
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 1996
Sold by
Burt Jim H and Burt Elizabeth A
Bought by
Burt Jim H and Burt Elizabeth A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferrel Tollcsdorf Hans | $665,000 | Priority Title | |
| Baer Diane | -- | Priority Title | |
| Balbach Liliane | -- | None Available | |
| Barkovic Family Trust | -- | None Available | |
| Barkovic Petar | $198,000 | First American Title Ins Co | |
| Burt Jim H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baer Diane | $598,500 | |
| Previous Owner | Barkovich Petar | $350,000 | |
| Previous Owner | Barkovic Petar | $135,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $665,000 | -4.3% | $273 / Sq Ft |
| 04/29/2023 04/29/23 | For Sale | $695,000 | -- | $285 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,862 | $691,866 | $78,030 | $613,836 |
| 2023 | $8,862 | $678,300 | $127,500 | $550,800 |
| 2022 | $8,899 | $665,000 | $125,000 | $540,000 |
| 2021 | $3,782 | $286,743 | $86,887 | $199,856 |
| 2020 | $3,742 | $283,804 | $85,997 | $197,807 |
| 2019 | $3,682 | $278,240 | $84,311 | $193,929 |
| 2018 | $3,666 | $272,785 | $82,659 | $190,126 |
| 2017 | $3,607 | $267,438 | $81,039 | $186,399 |
| 2016 | $3,510 | $262,195 | $79,450 | $182,745 |
| 2015 | $3,451 | $258,258 | $78,257 | $180,001 |
| 2014 | $3,451 | $253,201 | $76,725 | $176,476 |
Source: Public Records
Agents Affiliated with this Home
-
Wendell Turner
-
Dennis Miller
Buyer's Agent in 2023
Dennis Miller
RE/MAX
(909) 793-3222
3 in this area
81 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23073182
APN: 407-350-012
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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