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Murrieta 92562
40581 Corte Albara
$430,000
● House - Off Market

40581 Corte Albara

Murrieta, CA 92562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,263 Ft²
$2,553
Est. Monthly
$348
HOA / Fees

About This Property

Large landscaped back/side lot! Perfect for pets, gardening, or just relaxing in your own private park-like setting. This charming single-story home is situated in The Colony, Murrieta's exclusive gate-guarded 55+ community. The Colony provides a variety of amenities, including a swimming pool, spa, clubhouse, barbecues, salon, tennis courts, golf course, and numerous special programs and activities. The residence offers 3 bedrooms, 2 bathrooms, and an open-concept living and dining area with a cozy fireplace. The master suite opens to a spacious bathroom featuring a dual vanity, walk-in shower, and closet. The private backyard, with no home behind, is ideal for relaxing afternoons with family and friends. Conveniently located near shopping, casinos, a movie theater, and wineries. Don't wait-call now! This home needs some cosmetic upgrading and is competitively priced for the ready buyer looking to add some sweat equity.  The two-car garage includes multiple built-in storage cabinets, offering plenty of space for tools, hobbies, or seasonal items. As you enter, you'll find The Colony, a top gated senior community for residents 55 and older, with numerous amenities such as a resort-style clubhouse, year-round pool, two spas, and lighted courts for pickleball, paddle tennis, and tennis. Residents also have access to a gym, library, ping pong, billiards, and a salon for hair and nails. The community hosts various groups, activities, and events, from shows and dances to concerts, bingo, and themed parties, ensuring there's always something to enjoy. A privately owned 18-hole golf course is conveniently located inside the gates, and the HOA waters and maintains all front yards. With 24-hour security patrols and a guard-gated entrance, you can relax knowing your safety and privacy are prioritized. The location is ideal, with easy access to shopping, dining, medical services, casinos, and wineries. This is more than a home-it's a lifestyle.
Unit Size
1,263 Ft²
Days on Market
87 days
Land Size
0.11 acres
Price per sqft
$356
Property Type
House
Property Taxes
-
HOA Dues
$348
Year Built
1998

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Last updated: 5 months ago (SDMLS #260005545SD)

Price History

Date / Event Date Event Price
Jun 5, 2026 Sold
Sold
May 22, 2026 In contract -
In contract
May 12, 2026 Price Decreased $449,000
↓ $6K (1.3%)
Price Decreased
Apr 22, 2026 Relisted $455,000
Relisted
Apr 14, 2026 In contract -
In contract
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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: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 429
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,737
  • Gross Building Area: 1,737
  • Building Area: 1,263
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,263
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 230 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: 947-630-085
  • Lot: 230
  • Municipality: MURRIETA
  • Latitude: 33.5826
  • Longitude: -117.213

    Address

  • Full Address: 40581 Corte Albara
  • Address - House Number: 40581
  • Address - Street Name: Corte Albara
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R034
  • 4-Digit Zip Code: 5526
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 1,263
  • Tax Year: 2023
  • Tax Amount: $411,026
  • Tax Rate Code Area: 024-030

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 557,021
  • High Value: 656,667
  • Low Value: 457,375

    Market Valuation

  • Market Total Value: $434,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,418
  • Assessed Land Value: $92,281
  • Assessed Improvements Value: $210,137

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2002
  • Current Sale Recording Date: Jun 18, 2002
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2002-332461
  • Previous Sale Recording Date: Oct 02, 1998
  • Previous Sale Contract Date: Sep 04, 1998
  • Previous Sale Amount: $130,000
  • 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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Frequently Asked Questions

When was property at 40581 Corte Albara built and last sold?
The property at 40581 Corte Albara was built in 1998 and last sold on May 7, 2002 for $213,000.
How much is this home worth?
The estimated value of the home located at 40581 Corte Albara is $0.
What are some comparable homes to 40581 Corte Albara?
There are currently no comparable homes to 40581 Corte Albara.