Check Availability

40938 Belleray Avenue

40938 Belleray Avenue, Murrieta, CA 92562
Property in Riverside
Sold Apr 08, 2021
$430,000
$422,211 by Crosscountry Mortgage Llc
Mortgage Due May 01, 2051
Sold Sep 01, 2015
$310,000
$232,492 by Dhi Mortgage Company Ltd
Mortgage Due Sep 01, 2045
40938 Belleray Avenue 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 2015 and is 9 years old. However, we must point out that the home was most recently renovated and altered in 2016. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 40938 Belleray Avenue has 2,066 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 436 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 667 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The building on the property is connected to a sewer system. 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, 40938 Belleray Avenue was last sold in Mar 10, 2021 for $430,000. According to our calculations, that's $155.52 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Jul 12, 2015. Current property owners are expected to pay $7,062 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 40938 Belleray Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $447,372. To break that down further, the land itself was valued at $98,838. While improvements to the property were assessed at a total of $348,534. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2015
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 667
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 436
  • Total Building Area: 2,765
  • Gross Building Area: 2,765
  • Building Area: 2,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE RIDGE AT CAL OAKS
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 101 BLK 15 CM 220/197 INT COMMON IN PAR 1-P OF PM 33621 PM 237/020

Ownership

  • Current Owner : LAM YOLANDA
  • Current Owner 2: BENJAMIN SAM
  • Previous Owner : ALBAUM MICHAEL
  • Previous Owner 2: ALBAUM CLAIRE
  • Owner Before Previous Owner: D R HORTON LOS ANGELES HOLDING COMPANY I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043228

Geography

  • Parcel: 949-691-015
  • Block: 15
  • Municipality: MURRIETA
  • Latitude: 33.5742
  • Longitude: -117.212

    Address

  • Full Address: 40938 Belleray Ave
  • Address - House Number: 40938
  • Address - Street Name: Belleray
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R031
  • 4-Digit Zip Code: 6351
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 2,066
  • Tax Year: 2023
  • Tax Amount: $7,062
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 024-030

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 562,864
  • High Value: 665,519
  • Low Value: 460,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,211
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Loan Amount: $422,211
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $380,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,372
  • Assessed Land Value: $98,838
  • Assessed Improvements Value: $348,534

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Transaction ID: 11830418067
  • Current Sale Price: $430,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0220705
  • Previous Sale Recording Date: Sep 01, 2015
  • Previous Sale Contract Date: Jul 12, 2015
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 08, 2021
  • First Mortgage Loan Amount: $422,211
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Sep 01, 2015
  • Previous Mortgage Loan Amount: $232,492
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Murrieta



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 39925 Falcon Way, Murrieta, CA, 92562

$2,950 /mo

  • 3 Beds
  • 3 Baths
  • 1,750 ft²
39925 Falcon Way, Murrieta, CA, 92562 Listing by Mikaela Nguyen
Unit for rent at 41983 Ornella Street, Murrieta, CA, 92562

$3,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,628 ft²
41983 Ornella Street #601, Murrieta, CA, 92562 Listing by Sachi Plummer

Frequently Asked Questions

What neighborhood is 40938 Belleray Avenue located in?
The 40938 Belleray Avenue is a located in the neighborhood of Riverside in Murrieta, Murrieta.
What is the average sales price for listings in 40938 Belleray Avenue?
The average sales price for units in 40938 Belleray Avenue is $0 currently.

Quantcast