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40509 Melrose Dr, Temecula, CA 92591
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40509 Melrose Dr Temecula, CA 92591

$498,295 Sold Price as of 06/09/2023
  • 2 Beds
  • 2.5 Baths
  • 1,387 Sq.Ft.
Sold
$498,295 Sold Price as of 06/09/2023 Refinance Your Mortgage
Map preview of 40509 Melrose Dr, Temecula, CA 92591

Property Overview: 40509 Melrose Dr Temecula, CA has 2 bedrooms, 2.5 bathrooms, 1,387 living square feet and 1,306 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand new, energy-efficient home ready Apr 2023! Keep the busy family organized with ample storage space in the garage. Retreat to the spacious primary suite at the end of the day to relax and unwind. This home includes the Sleek Package. Sultana at Heirloom Farms is now selling with newly-opened model homes in Temecula, CA. This community of energy-efficient, three-story townhomes offers homeowners outdoor living spaces, amenities for the whole family, and located in the award-winning Temecula Valley Unified School District. We also build each home with innovative, energy-efficient features that cut down on utility bills so you can afford to do more living.* Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Listed by Michelle Shepherd | BRE #00976964 | Meritage Homes of California
Last checked: 14 minutes ago | Last updated: June 12th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
1,306
HOA Dues
$280/mo
Year built
2023
Garage
2 Car
Property Type:
Townhouse
Status
Sold
MLS#
OC23043654
City
Temecula
County
Riverside
Time on Site
406 days

Property Details for 40509 Melrose Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment, Humidity Control, SEER Rated 13-15, Zoned
Heating Information
  • Has Heating
  • Central, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency, Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Flooring: Carpet, Laminate, Vinyl
  • Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, High Efficiency Water Heater, Microwave, Self Cleaning Oven, Tankless Water Heater
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Balcony
  • Levels: Three Or More
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Concrete
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • No Pool
  • Pool Features: Association, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Builder
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Year Built Source: Builder
  • Foundation Details: Slab
  • Property is Attached
  • Offered With Property: live now design package, M Connect
  • Property Condition: Under Construction
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Heirloom Farms HOA
  • Association Fee: $280 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: CFD/Mello-Roos
Schools
School Information
  • Elementary School: Barnett
  • Elementary School: BARNET
  • Middle/Junior High School: James Day
  • Middle/Junior High School: JAMDAY
  • High School: Chaparral
  • High School: CHAPAR2
  • High School District: Temecula Unified
Location / Neighborhood
Location Information
  • Other Subdivision Name: Sultana at Heirloom Farms
  • Directions: Sultana at Heirloom Farms is located off of Date Street and Ynez Road in Temecula, CA.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Dog Park, Park, Sidewalks, Street Lights
View more facts & features

Local Temecula Agent

Sale History for 40509 Melrose Dr

Last sold for $498,295 on June 9th, 2023

  • June, 2023

  • Jun 9, 2023

    Date

    Sold

    CRMLS: OC23043654

    $498,295

    Price

  • Mar 16, 2023

    Date

    Active

    CRMLS: OC23043654

    $498,295

    Price

Tax History for 40509 Melrose Dr

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

40509 Melrose Dr sold on June 9, 2023 for 32.84% lower than the current median sold price for the city of Temecula which is $742,000. The median sold price per/sqft for Temecula is $358 and this home is sold at $359.26 per/sqft which puts the price per square foot 0.35% higher than the current median sale per square foot for the city of Temecula.

About 40509 Melrose Dr

Detailed summary of property

40509 Melrose Dr is a townhouse that recently sold in Temecula, CA 92591. This townhouse offered 2 bedrooms, 2.5 bathrooms, roughly 1,387 living square feet, and sits on an approximately 1,306 square foot lot. 40509 Melrose Dr was first listed on ArdentRealEstateGroup.com on March 16, 2023. The homeowner sold the property for $498,295. Home in Temecula are selling for a median price of $742,000 and a median price per square foot of $358. Based on Ardent Real Estate Group's Temecula Market Data, this home is sold 32.84% lower than the current median priced home. Local homes that are currently for sale include 3514 Myers St #5, 2953 Floral Ave and 3681 San Simeon Way. This home does have a Homeowners Association and the monthly fee is $280 per month. While the average home in Temecula, CA is selling in 46 days, 40509 Melrose Dr has a days on market of 14 days. There are currently 380 homes for sale in the Temecula real estate market and 344 of them are single family homes while 25 of them are condos and 11 are townhomes. For more information on this home for sale at 40509 Melrose Dr Temecula, CA 92591 contact Ardent Real Estate Group and we will put you in touch with one of our Temecula agents.

Public Facts for 40509 Melrose Dr

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
--
Lot Size
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Stories
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Type
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Pool
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Spa
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County
--
Lot#
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APN
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The source for these homes facts are from public records.

92591 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$374
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$362
Total Inventory
120
Median Sale to List Price %
100.69%
Avg Days on Market
21
Loan Type
Conventional (54.05%), FHA (5.41%), VA (16.22%), Cash (21.62%), Other (2.7%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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