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Sold for $450,000
  • Listed by: Keller Williams - The Lakes • MONICA DRUHE • Contact: 951-250-8451
    Bought with: First Team Real Estate
    $450,000

    40108 Corte Lorca, Murrieta, CA 92562

    2beds
    1,371sqft
    Single Family Residence
    Built in 1990
    4,791 Square Feet Lot
    $455,600 Zestimate®
    $328/sqft
    $2,719 Estimated rent

    Home value

    $455,600

    $410,000 - $506,000

    $2,719/mo

    Zestimate® history
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    What's special

    Incredible Opportunity – ASSUMABLE 2.25% Loan! Why pay today’s high interest rates when you can assume a low 2.25% loan? This rare opportunity could save you thousands over the life of your mortgage! Buyer must qualify with the lender and cover the difference between the sales price and the loan balance. Step into comfort, convenience, and long-term savings with this beautifully maintained home, ideally situated in one of the area’s most desirable 55+ gated communities. Freshly updated with brand-new flooring throughout, this light-filled residence offers a spacious and welcoming layout designed for easy living and relaxation. Thoughtful upgrades include a whole-house polarized-media electronic air cleanser, an electronic air purification system, a whole-house water filtration system, an under-sink water filter in the kitchen, and a whole house fan to help keep the home cool and energy-efficient during warmer months. The primary bedroom is a peaceful retreat, featuring a large walk-in closet and a private sliding glass door leading to your serene, low-maintenance backyard—with no rear neighbors for added privacy. Additional features include built-in garage storage, perfect for keeping your space organized and clutter-free. Residents enjoy resort-style amenities, including a clubhouse, sparkling pool, fitness center, and a full calendar of community activities—all within a secure gated setting. This is more than just a home—it’s a lifestyle upgrade, with incredible value through the assumable 2.25% loan. Don’t miss your chance—schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    MONICA DRUHE DRE #02070123 951-250-8451,

    Keller Williams - The Lakes

    Bought with:

    Eric Tomlinson, DRE #01428634

    First Team Real Estate

    Source: CRMLS,MLS#: IV25067385MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    Features
    • Bedroom on Main Level, Main Level Primary
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,371 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: Association
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,791 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 947410029
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Golf, Park, Street Lights, Sidewalks
    • Senior community: Yes
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Clubhouse, Fitness Center, Game Room, Meeting/Banquet/Party Room, Pickleball, Pool, Spa/Hot Tub
    • HOA fee: $333 monthly
    • HOA name: The Colony
    • HOA phone: 951-677-4341
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $328/sqft
    • Tax assessed value: $219,795
    • Annual tax amount: $2,556
    • Date on market: 4/3/2025
    • Cumulative days on market: 80 days
    • Listing terms: Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Freddie Mac,VA Loan

    Price history

    DateEventPrice
    8/21/2025Listing removed$2,870$2/sqft
    Source: Zillow Rentals Report a problem
    8/10/2025Listed for rent$2,870$2/sqft
    Source: Zillow Rentals Report a problem
    8/6/2025Sold$450,000-5.2%$328/sqft
    Source: CRMLS #IV25067385 Report a problem
    7/11/2025Pending sale$474,900$346/sqft
    Source: CRMLS #IV25067385 Report a problem
    6/22/2025Price change$474,900+5.5%$346/sqft
    Source: CRMLS #IV25067385 Report a problem
    6/21/2025Listed for sale$449,999+157.1%$328/sqft
    Source: CRMLS #IV25067385 Report a problem
    4/27/2012Sold$175,000+3.6%$128/sqft
    Source: Public Record Report a problem
    3/13/2012Listed for sale$168,950+15.7%$123/sqft
    Source: Rancon Real Estate Corporation #T12032859 Report a problem
    1/15/1999Sold$146,000$106/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,556 +1.9%$219,795 +2%
    2024$2,509 -1.4%$215,486 +2%
    2023$2,545 +1.9%$211,262 +2%
    2022$2,497 +1.9%$207,120 +2%
    2021$2,451 +1%$203,060 +1%
    2020$2,428 +1.9%$200,979 +2%
    2019$2,383 +1.9%$197,039 +2%
    2018$2,339 +1.4%$193,177 +2%
    2017$2,308 $189,390 +2%
    2016$2,308 +2.4%$185,677 +1.5%
    2015$2,254 +4.6%$182,889 +2%
    2014$2,154 $179,309 +0.5%
    2013-- $178,500 -2%
    2012-- $182,088 +2%
    2011-- $178,519 +0.8%
    2010-- $177,186 -0.2%
    2009-- $177,609 +2%
    2008-- $174,127 +2%
    2007-- $170,713 +2%
    2006-- $167,367 +2%
    2005-- $164,086 +3.9%
    2003-- $157,924 +2%
    2002-- $154,829 +2%
    2001$2,298 -0.4%$151,794 +2%
    2000$2,307 $148,818
    Find assessor info on the county website

    Neighborhood: 92562

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $455,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $455,600