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38662 Quail Ridge Drive

38662 Quail Ridge Drive, Murrieta, CA 92562
Property in Riverside
Sold Aug 11, 2021
$1,335,000
Sold Apr 10, 2017
$890,000
$698,625 by United Wholesale Mortgage
Mortgage Due May 01, 2047
38662 Quail Ridge Drive has been categorized by the local assessors in Murrieta, CA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 38662 Quail Ridge Drive has 4,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,038 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,348 sqft. According to our sources, there are a total of 5 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 38662 Quail Ridge Drive sold most recently in Aug 6, 2021 for a total of $1,335,000. If you work out the math, that's approximately a cost of $225.66 per sqft. Before that, the property was also sold for $890,000 in Feb 25, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,216 in taxes each year. 38662 Quail Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $960,442. If we break it down further, the land itself was valued at $215,842. Improvements to the property, however, were assessed at a total of $744,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,348
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 5,916
  • Gross Building Area: 5,916
  • Building Area: 4,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 14854 2
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .46 ACRES IN LOT 38 MB 142/025 TR 14854-2

Ownership

  • Current Owner : DYER WILLIAM
  • Current Owner 2: DYER PAMELA
  • Previous Owner : GARDNER RICHARD W
  • Previous Owner 2: GARDNER KEREN E
  • Owner Before Previous Owner: WILLIS CARL
  • Owner Before Previous Owner 2: WILLIS JANICE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043272

Zoning

  • Zoning: CBOOK

Geography

  • Subdivision Tract Number: 14854-2
  • Parcel: 904-240-014
  • Lot: 38
  • Municipality: MURRIETA
  • Latitude: 33.5731
  • Longitude: -117.27

    Address

  • Full Address: 38662 Quail Ridge Dr
  • Address - House Number: 38662
  • Address - Street Name: Quail Ridge
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R004
  • 4-Digit Zip Code: 3064
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 4,400
  • Tax Year: 2023
  • Tax Amount: $12,216
  • Tax Rate Code Area: 024-007

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 1,677,701
  • High Value: 1,805,155
  • Low Value: 1,550,247

    Open Liens

  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Oct 14, 2021
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Third Open Lien Mortgage Lender: SCHOOLSFIRST FEDERAL CREDIT UN
  • Third Open Lien Mortgage Recording Date: Jun 08, 2022
  • Third Open Lien Mortgage Financing Type: Adjustable Rate
  • Third Open Lien Mortgage Loan Amount: $150,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jun 08, 2052

    Market Valuation

  • Market Total Value: $1,166,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $960,442
  • Assessed Land Value: $215,842
  • Assessed Improvements Value: $744,600

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11849379879
  • Current Sale Price: $1,335,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0478769
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Contract Date: Feb 25, 2017
  • Previous Sale Amount: $890,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE JOSEPH ROBERT CLARK AND LI
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $530,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 10, 2017
  • Previous Mortgage Loan Amount: $698,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Murrieta



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Frequently Asked Questions

What neighborhood is 38662 Quail Ridge Drive located in?
The 38662 Quail Ridge Drive is a located in the neighborhood of Riverside in Murrieta, Murrieta.
What is the average sales price for listings in 38662 Quail Ridge Drive?
The average sales price for units in 38662 Quail Ridge Drive is $0 currently.

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