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Murrieta 92562
40221 Colony
$610,000
● House - Off Market

40221 Colony

Murrieta, CA 92562
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,086 Ft²
$3,297
Est. Monthly
$356
HOA / Fees

About This Property

It's finally here! Welcome to The Colony, a highly desirable 55+ community! Don't miss out on this very spacious remodeled 3 bedroom, 3 bathroom, with a very open floorplan that's designed for comfortable living and effortless entertaining! The spacious family room opens directly to the kitchen and center island, creating an inviting open-concept layout with a gas fireplace. Vaulted ceilings and new paint create a bright and light living space. Enjoy indoor/outdoor living with a charming patio area just off the family room, plus an additional private patio courtyard near the front entry. A formal living room and formal dining area provides plenty of space for both everyday living and special occasions. The spacious primary suite with a slider to the backyard patio includes dual vanities, a shower area and separate bathtub, along with a large walk-in closet Additional highlights include shutters and window coverings, a separate oversized laundry room with direct access to the garage and an extra-large 2-car attached garage plus golf cart garage complete with built-in floor to ceiling storage cabinets and a dedicated workbench area. Residents enjoy resort-style community amenities including golf course, swimming pool, spa/jacuzzi, fitness center, lighted pickleball and tennis courts, and so much more designed to take advantage of the beautiful Southern California lifestyle. Enjoy the comfort and peace of mind with the community's 24-hour guard-gated security. Furthermore, it's conveniently located near shopping, restaurants, medical facilities, Temecula wine country, Pechanga Casino and easy freeway access.
Unit Size
2,086 Ft²
Days on Market
38 days
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
-
HOA Dues
$356
Year Built
1998

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Last updated: 2 months ago (CRMLS #SW26162210)

Price History

Date / Event Date Event Price
Sep 11, 2026 Sold
Sold
Aug 8, 2026 In contract -
In contract
Jul 26, 2026 Listed by Coldwell Banker Assoc.Brks-CL $598,900
Listed by Coldwell Banker Assoc.Brks-CL
Apr 25, 2025 Relisted $674,888
Relisted
Dec 2, 2024 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 517
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 2107210
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 237 MB 263/091 TR 21072-10

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043229

Geography

  • Subdivision Tract Number: 21072-10
  • Parcel: 947-630-092
  • Lot: 237
  • Municipality: MURRIETA
  • Latitude: 33.5828
  • Longitude: -117.212

    Address

  • Full Address: 40221 Colony Dr
  • Address - House Number: 40221
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R034
  • 4-Digit Zip Code: 5525
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 2,086
  • Tax Year: 2023
  • Tax Amount: $402,868
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 024-030

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 589,139
  • High Value: 707,092
  • Low Value: 471,187

    Market Valuation

  • Market Total Value: $468,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,068
  • Assessed Land Value: $90,396
  • Assessed Improvements Value: $205,672

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 1998
  • Current Sale Recording Date: Sep 22, 1998
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 402083
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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Frequently Asked Questions

When was property at 40221 Colony Drive built and last sold?
The property at 40221 Colony Drive was built in 1998 and last sold on Aug 11, 1998 for $196,500.
How much is this home worth?
The estimated value of the home located at 40221 Colony Drive is $609,803.
What are some comparable homes to 40221 Colony Drive?
There are currently no comparable homes to 40221 Colony Drive.