See Home Value
Murrieta 92563
29206 Via Princesa
$1,175,000
● Mobile Manufactured - Off Market

29206 Via Princesa

Murrieta, CA 92563
bedrooms
Studio
bathrooms
0 Bath
$1,875,789
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Great cash flow opportunity knocks. 8 INDIVIDUAL MANUFACTURED HOMES OPERATED AS RENTALS

The portfolio consists of 8 individual manufactured home rentals within The Knolls 55+ senior community. The Knolls consists of 1,120 manufactured homes located within three similar individual HOAs. Each home is on its own individual lot and each HOA offers a recreation center and resort style pool. The HOAs limit the percentage of rental homes within each HOA to no more than 25% of the homes (280 homes), and the HOAs strictly enforce this rule. The 8 homes in the Murrieta Seniors Portfolio are part of the allowable 25%, and the limits on further rentals is an insurance policy against added competition. ALL ARE LARGE TWO BEDROOM FLOOR PLANS. The homes within the Murrieta Seniors Portfolio are all large two-bedroom floor plans and average 1,347 square feet. These large homes are ideal for either roommate situations or seniors who are downsizing from a single-family home and require a larger rental in order to accommodate their furnishings. Each of the 8 homes is single level in design and slightly different, with many offering large patios private backyards, covered parking, garages, or spectacular views. There is also considerable upside room on future rents.
Unit Size
-
Days on Market
107 days
Land Size
0.07 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$600
Year Built
1971

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Last updated: 5 months ago (CRMLS #SW18126514)

Price History

Date / Event Date Event Price
Jul 13, 2023 No longer available -
No longer available
Apr 20, 2023 In contract -
In contract
Feb 24, 2023 Price Decreased $349,990
↓ $45K (11.4%)
Price Decreased
Jan 7, 2023 Price Decreased $395,000
↓ $25K (6%)
Price Decreased
Oct 28, 2022 Price Decreased $419,999
↓ $29K (6.5%)
Price Decreased
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Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 4056
  • Land Acres: 0000000110
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • State Land Use Code: M03
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 242 MB 066/026 TR 4056 & INT IN COMMON AREAS

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043209

Zoning

  • Zoning: RT

Geography

  • Subdivision Tract Number: 4056
  • Parcel: 913-102-012
  • Lot: 242
  • Municipality: MURRIETA
  • Latitude: 33.5586
  • Longitude: -117.153

    Address

  • Full Address: 29206 Via Princesa
  • Address - House Number: 29206
  • Address - Street Name: Via Princesa
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R001
  • 4-Digit Zip Code: 5798
  • Zip Code: 92563

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2023
  • Tax Amount: $272,676
  • Tax Rate Code Area: 024-254

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 419,794
  • High Value: 508,130
  • Low Value: 331,459

    Market Valuation

  • Market Total Value: $248,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,520
  • Assessed Land Value: $160,829
  • Assessed Improvements Value: $69,691

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 202849
  • Previous Sale Recording Date: Sep 19, 2018
  • Previous Sale Contract Date: Sep 11, 2018
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Murrieta


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Nearby Rentals

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Unit for rent at 30230 Bonita Springs St, MURRIETA, CA, 92563

$3,200 /mo

  • 3 Beds
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  • 1,870 ft²
30230 Bonita Springs St, MURRIETA, CA, 92563 Listing by Shivanand Havanagi


Frequently Asked Questions

When was property at 29206 Via Princessa built and last sold?
The property at 29206 Via Princessa was built in 1971 and last sold on Jul 5, 2023 for $349,000.
How much is this home worth?
The estimated value of the home located at 29206 Via Princessa is $359,999.
What are some comparable homes to 29206 Via Princessa?
There are currently no comparable homes to 29206 Via Princessa.