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Backup Offers

40161 Colony Dr, Murrieta, CA, 92562

$590,000

Home List Price

$7,006*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,921 SqFt
$307/SqFt
House

Location

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40161 Colony Dr, Murrieta$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1998
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
MLS #SW24141363
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 40161 Colony Dr

You will love this BEAUTIFUL HOME on desirable Colony Drive. The seller has made so many updates this year with the NEW HVAC system to keep you comfortable. The kitchen features ALL NEW STAINLESS STEEL APPLIANCES, tile flooring, clean white tile countertops and a nook with a view to the entry courtyard. The living/dining room offers NEW CARPETING, soaring ceilings and a view to the patio & back yard. The primary suite has NEW CARPETING and a bath with dual sinks, a soaking, a separate shower & a large walk-in closet. The guest bedroom offers an en-suite bath & a walk-in closet. The third bedroom is used as a den/office with no closet. There is a powder room half bath for guest convenience. The 2 larger baths and the laundry have NEW LVP flooring and all carpeting is newly replaced. You will appreciate lots of room for pets or grandkids on this EXTRA LARGE LOT. The covered patio stretches the full width of the home and looks out to your spacious yard with mature landscaping and vinyl fencing on both sides & across the back. There is a large greenbelt behind your home for added privacy. There is an indoor laundry room with a convenient sink. The garage has built-in cabinets, a work bench and room for 2 cars + a golf cart. The Colony is one of SoCal's PREMIER SENIOR COMMUNITIES for ages 55+ with a RESORT CLASS CLUBHOUSE, year-round pool, 2 spas, lighted pickle ball/paddle tennis and tennis courts. You can enjoy the gym, library, ping pong, billiards, hair/nail salon. There are groups & activities for all interests with an auditorium for shows, dances, banquets, concerts, movies, bingo & parties for all occasions. A privately owned 18-hole golf course is inside the gate. The HOA waters & maintains all front landscaping. Guard gated entry and 24-hour security patrol give you peace of mind. You will love the friendly neighbors and sense of community as you enjoy TRUE RESORT STYLE SENIOR LIVING in The Colony.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,921 SqFt

Listing Office:

  • Office Name: Realty ONE Group Southwest
  • Office Phone: (951) 500-9849
  • Listing Agent: Wanda Ryan

Interior Features

Interior Information:

  • Interior: Breakfast Area, All Bedrooms Down, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 15 Freeway to Cal Oaks exit. Go north, then left on Jackson Avenue, right into the Colony gate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $307/SqFt

HOA Fees:

  • Amount: $333
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,803
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Murrieta, CA.

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Murrieta, CA

City

Med. Sold Price

$674.8K

Med. Price/SqFt

$312

Avg. Days On Market

31

# of Sold Homes

108

40161 Colony Dr vs Murrieta

89 DAYS ON ROCKET

+58 Days

$590,000

-$84.8K Less

$307/SqFt

-$6 Less

KEY TAKEAWAY

This property is $84.8K less than the Median Sold Price and $6/SqFt less than other homes in Murrieta, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24141363

Listing Office:

  • Office Name: Realty ONE Group Southwest
  • Office Phone: (951) 500-9849
  • Listing Agent: Wanda Ryan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 1998Home Sold
$194,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,803$280,949
2020$3,802$278,070
2018$3,663$267,273
2017$3,563$262,034

History based on county public records data.

Payment Calculator

$3,345

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1056676
6
/10

  • E. Hale Curran Elementary School

  • 40855 Chaco Canyon Rd

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-1056677
5
/10

  • Avaxat Elementary School

  • 24300 Rancho Las Brisas Dr

  • 1.33 miles

  • Public District Grades KG-5

school-card-donut-1056678
5
/10

  • Murrieta Elementary School

  • 24725 Adams Ave

  • 1.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,963. Most Murrieta, CA residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Murrieta, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Murrieta, CA.

The housing landscape in Murrieta is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes showcase a blend of architectural styles, including contemporary, Mediterranean, and ranch-style designs. The area has seen a steady growth in residential development, with many homes dating back to the late 1990s and early 2000s. Murrieta's homeownership rate is robust, with a majority of residents owning their homes, while a smaller percentage of the population opts for renting.

What is it like to live in Murrieta, CA?

Murrieta is celebrated for its family-friendly atmosphere and a strong sense of community. The city prides itself on its well-maintained parks and recreational facilities, which serve as hubs for family activities and community events. Annual festivals and local farmers' markets are a testament to the area's commitment to fostering a vibrant and cohesive community spirit.

Is it easy to get around Murrieta, CA without a car?

Residents of Murrieta benefit from a solid educational system, with numerous public schools serving the community at the elementary, middle, and high school levels, as well as private educational options. The city is equipped with healthcare facilities that provide a range of services, including urgent care and primary care. Murrieta's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering a mix of shopping and culinary experiences.

Transportation in Murrieta, CA.

Murrieta's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and travel within the city and to neighboring areas. Public transportation services are available, providing connectivity for residents who prefer not to drive. The community is also increasingly accommodating to ride-share services. While some areas of Murrieta are more pedestrian-friendly, the city continues to improve walkability and bikeability to enhance the quality of life for its residents.

Frequently Asked Questions About 40161 Colony Dr

What is the listing price of this property?

The listing price of 40161 Colony Dr property is $590,000.

What type of property is this?

The property 40161 Colony Dr is a house located in Murrieta, California, 92562.

Is this property for sale now?

Accepting Backup Offers: 40161 Colony Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,803 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 1998 for $194,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40161 Colony Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40161 Colony Dr is 1,921 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40161 Colony Dr is 1998.

Rocket Homes›California›Riverside County›Murrieta›92562›40161 Colony Dr

This home is located at 40161 Colony Dr in Murrieta, CA and zip code 92562. This 1,921 square foot home, which was built in 1998, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $590,000.

In October 2024, from all listings sold in Murrieta, CA there were more than 44 sold above asking price, over 41 sold below and more than 23 were sold right at the asked price. The inventory of homes for sale in Murrieta, CA between September 2024 and October 2024 increased by 4.8%. Listings spent 31 days on the market in October 2024, and had a median list price of $674,842 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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