Check Availability

37121 Cherrywood Drive

37121 Cherrywood Drive, Murrieta, CA 92562
Property in Riverside
Sold May 28, 2021
$1,025,000
$748,000 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
Sold Jun 13, 2017
$824,000
$235,200 by Tcf National Bank
Mortgage Due Jun 23, 2047
Local assessors in Murrieta, CA have categorized 37121 Cherrywood Drive as a residential type of property. The home was built in 2004 and is 20 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 10,454 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 37121 Cherrywood Drive has a total of 3,413 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 663 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 37121 Cherrywood Drive was last sold in May 5, 2021 for $1,025,000. According to our calculations, that's $222.05 per sqft. Prior to that sales transaction, the property was sold for $824,000 in Jun 5, 2017. Current property owners are expected to pay $10,712 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 37121 Cherrywood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $823,964. To break that down further, the land itself was valued at $241,157. While improvements to the property were assessed at a total of $582,807. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 663
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 4,616
  • Gross Building Area: 4,616
  • Building Area: 3,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,413
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: AMENDED TRACT NO 21370 1
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .24 ACRES M/L IN LOT 1 MB 297/091 TR 21370-1

Ownership

  • Current Owner : SCARBOROUGH ANDREW
  • Current Owner 2: SCARBOROUGH TIFFANY
  • Previous Owner : KUHNERT LAWRENCE
  • Previous Owner 2: KUHNERT JACQULINE
  • Owner Before Previous Owner: KIM IRENE YOUNGSHIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Subdivision Tract Number: 21370-1
  • Parcel: 904-680-001
  • Lot: 1
  • Municipality: MURRIETA
  • Latitude: 33.5824
  • Longitude: -117.257

    Address

  • Full Address: 37121 Cherrywood Dr
  • Address - House Number: 37121
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R004
  • 4-Digit Zip Code: 5067
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 3,683
  • Tax Year: 2023
  • Tax Amount: $10,712
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 024-116

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,036,858
  • High Value: 1,237,937
  • Low Value: 835,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $748,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $748,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $909,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $823,964
  • Assessed Land Value: $241,157
  • Assessed Improvements Value: $582,807

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836768775
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0330714
  • Previous Sale Recording Date: Jun 13, 2017
  • Previous Sale Contract Date: Jun 05, 2017
  • Previous Sale Amount: $824,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $748,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TCF NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 13, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $235,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jun 23, 2047

About Murrieta



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 23195 Cannery Road, Wildomar, CA, 92595

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
23195 Cannery Road, Wildomar, CA, 92595 Listing by Cesar Simon

Frequently Asked Questions

What neighborhood is 37121 Cherrywood Drive located in?
The 37121 Cherrywood Drive is a located in the neighborhood of Riverside in Murrieta, Murrieta.
What is the average sales price for listings in 37121 Cherrywood Drive?
The average sales price for units in 37121 Cherrywood Drive is $0 currently.

Quantcast