Welcome to The Colony, a 55+ year old community, where comfort, elegance, and an active lifestyle blend seamlessly. This residence offers an ideal blend of comfort and convenience, providing a peaceful retreat for those seeking an active retirement lifestyle. Step inside and be greeted by a bright and open living space, featuring large windows that bathe the rooms in natural light. The spacious living room invites you to unwind and relax, while the adjacent dining area is perfect for hosting intimate gatherings or enjoying meals with loved ones. The kitchen is a chef's delight, boasting ample counter space, modern appliances, and plenty of cabinets for storage. The breakfast bar provides a convenient spot for quick meals or casual conversations. The primary suite is a true sanctuary, offering a generous bedroom with a tranquil ambiance. The attached en-suite bathroom features a luxurious soaking tub, a separate shower, and dual vanity sinks. Two additional well-appointed bedrooms provide versatility for guests or a home office. Living in The Colony offers a wealth of amenities and activities designed to enhance your retirement years. Take advantage of the community clubhouse, where you can stay active with the swimming pool, fitness center, and tennis courts, or explore the nearby scenic parks and championship golf courses. Situated in the heart of Murrieta, you'll have easy access to a wide range of shopping, dining, and entertainment options. Take advantage of the nearby championship golf courses, and wineries. With convenient access to major highways, you're just a short drive away from San Diego, Los Angeles, and Orange County. Don't miss your chance to experience the vibrant 55+ community living in The Colony.
Sold for $475,000
Listed by: US Capital Corp. • James Sugden • Contact: 714-209-2000
Bought with: Mogul Real Estate
$475,000
40681 Corte Albara, Murrieta, CA 92562
3beds
1,263sqft
Single Family Residence
Built in 1997
3,920 Square Feet Lot
$504,000 Zestimate®
$376/sqft
$2,992 Estimated rent
Home value
$504,000
$479,000 - $529,000
$2,992/mo
Zestimate® history
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Swimming poolModern appliancesNearby championship golf coursesTennis courtsDual vanity sinksLuxurious soaking tubSeparate shower
Zillow last checked:
Listing updated:
Listed by:
James Sugden DRE #00984260 714-209-2000,
US Capital Corp.
Bought with:
Brandy Markakis, DRE #01737615
Mogul Real Estate
Source: CRMLS,MLS#: OC23095698
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Features: Primary Suite
Bathroom
- Features: Bathtub, Laminate Counters, Tub Shower, Walk-In Shower
Kitchen
- Features: Laminate Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water To Refrigerator
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Features
- Laminate Counters, Pantry, Recessed Lighting, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Wood
- Windows: Blinds, Plantation Shutters
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,263 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Door-Multi, Direct Access, Driveway Level, Driveway, Garage Faces Front, Garage, Garage Door Opener, Private
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: Community, Gunite, In Ground, Association
- Has spa: Yes
- Spa features: Association, Community, Gunite, Heated, In Ground
- Fencing: Good Condition,Wood
- Has view: Yes
- View description: None
Lot
- Size: 3,920 Square Feet
- Features: Back Yard, Front Yard, Sprinklers In Front, Lawn, Landscaped, Level, Rectangular Lot, Sprinkler System, Street Level
Details
- Parcel number: 947640053
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Drywall, Stucco, Copper Plumbing
- Foundation: Slab
- Roof: Tile
Condition
- Turnkey
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Golf, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Pool
- Security: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Security Gate, Gated with Attendant, 24 Hour Security, Key Card Entry, Smoke Detector(s)
- Senior community: Yes
HOA
- Has HOA: Yes
- Amenities included: Bocce Court, Billiard Room, Call for Rules, Clubhouse, Controlled Access, Sport Court, Fitness Center, Game Room, Meeting Room, Meeting/Banquet/Party Room, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Paddle Tennis, Pickleball, Pool, Guard, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $320 monthly
- HOA name: The Colony HOA
- HOA phone: 951-677-4341
Location
- Region: Murrieta
Financial & listing details
- Price per square foot: $376/sqft
- Tax assessed value: $484,499
- Annual tax amount: $6,254
- Date on market: 6/16/2023
- Cumulative days on market: 85 days
- Listing terms: Cash to New Loan,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2023 | Sold | $475,000-5%$376/sqft |
Source:  CRMLS #OC23095698 Report a problem | ||
| 9/10/2023 | Contingent | $500,000$396/sqft |
Source: CRMLS #OC23095698 Report a problem | ||
| 6/16/2023 | Listed for sale | $500,000+316.7%$396/sqft |
Source: CRMLS #OC23095698 Report a problem | ||
| 12/23/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2021 | Listed for rent | $2,300$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/31/1997 | Sold | $120,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,254 +1.9% | $484,499 +2% |
| 2024 | $6,136 +59% | $475,000 +68% |
| 2023 | $3,860 +1.8% | $282,770 +2% |
| 2022 | $3,790 +1.8% | $277,226 +2% |
| 2021 | $3,721 +1% | $271,792 +1% |
| 2020 | $3,686 +1.8% | $269,006 +2% |
| 2019 | $3,620 +1.8% | $263,732 +2% |
| 2018 | $3,554 +1.4% | $258,562 +2% |
| 2017 | $3,507 | $253,493 +2% |
| 2016 | $3,507 +2.4% | $248,524 +1.5% |
| 2015 | $3,426 +4.4% | $244,794 +2% |
| 2014 | $3,283 | $240,000 +54.3% |
| 2013 | -- | $155,584 +2% |
| 2012 | -- | $152,534 +2% |
| 2011 | -- | $149,544 +0.8% |
| 2010 | -- | $148,429 -0.2% |
| 2009 | -- | $148,784 +2% |
| 2008 | -- | $145,868 +2% |
| 2007 | -- | $143,008 +2% |
| 2006 | -- | $140,205 +2% |
| 2005 | -- | $137,457 +3.9% |
| 2003 | -- | $132,294 +2% |
| 2002 | -- | $129,701 +2% |
| 2001 | $2,210 -0.5% | $127,159 +2% |
| 2000 | $2,220 | $124,666 |
Find assessor info on the county website
Neighborhood: 92562
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Nearby schools
GreatSchools rating
- 8/10E. Hale Curran Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Shivela Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Murrieta Mesa High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$504,000
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Estimated market value
$504,000
- California
- Riverside County
- Murrieta
- 92562
- 40681 Corte Albara
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