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Sold for $475,000
  • Listed by: LPT Realty, Inc • Colleen Ray • Contact: 951-907-6121
    Bought with: eXp Realty of Southern California, Inc.
    Zillow Home logoZestimate®
    $475,000

    40740 Corte Albara, Murrieta, CA 92562

    2beds
    947sqft
    Single Family Residence
    Built in 1999
    4,356 Square Feet Lot
    $475,000 Zestimate®
    $502/sqft
    $2,477 Estimated rent

    Home value

    $475,000

    $437,000 - $518,000

    $2,477/mo

    Zestimate® history
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    What's special

    55+, resort style living! Act fast—this charming 2-bedroom, 1.5-bathroom home with a larger size yard and golf course view won't last long! Perfect for those seeking a low maintenance, turnkey home. The updated kitchen features elegant granite countertops, while the primary bathroom boasts a quartz vanity and a relaxing jacuzzi tub. The primary bedroom offers seamless access to a covered rear patio. Notable upgrades include tile flooring, neutral paint, plantation shutters, ceiling fans, recessed and track lighting, and integrated surround sound in the family room and bedrooms. The spacious, low-maintenance yard is ideal for pets and includes three stylish above-ground planters perfect for flowers or a vegetable garden. The Colony is the perfect place to enjoy a full and exciting lifestyle with family and friends. Choose from various indoor and outdoor social events, sports, and clubs. See the spectacular 25,000 sf clubhouse with a lounge, 400-seat capacity banquet room with catering facilities, library, gym, atrium, game rooms, and a hair and nail salon. There is a beautiful oasis swimming pool, two spas, an outdoor BBQ area, and lighted tennis and Pickleball / Paddle Tennis courts. There are too many groups and activities to list! The HOA waters and maintains the front yard landscaping. The Cal Oaks Golf Course is located within the community. You and your home are protected within a 24-hour gate-guarded, master-planned community. The Colony is strategically located near shopping, medical centers, parks, the world-renowned Temecula Valley wineries, and Pechanga Casino Resort and Spa!

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Ray DRE #01776085 951-907-6121,

    LPT Realty, Inc

    Bought with:

    Guadalupe Vallejo, DRE #02100389

    eXp Realty of Southern California, Inc.

    Source: CRMLS,MLS#: SW26162063MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Jetted Tub
    Kitchen
    • Features: Granite Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • See Remarks, All Bedrooms Down
    • Flooring: Tile
    • Doors: Panel Doors
    • Windows: Double Pane Windows, Shutters
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 947 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Faces Front
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: See Remarks
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered
    • Exterior features: Rain Gutters
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: Vinyl,Wood,Wrought Iron
    • Has view: Yes
    • View description: Golf Course
    Lot
    • Size: 4,356 Square Feet
    • Features: Yard
    Details
    • Parcel number: 947640033
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Security Gate, Gated with Attendant, 24 Hour Security
    • Senior community: Yes
    HOA
    • Has HOA: Yes
    • Amenities included: Bocce Court, Billiard Room, Clubhouse, Controlled Access, Fitness Center, Game Room, Meeting/Banquet/Party Room, Maintenance Front Yard, Paddle Tennis, Pickleball, Pool, Spa/Hot Tub, Security
    • HOA fee: $356 monthly
    • HOA name: The Colony
    • HOA phone: 951-677-4341
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $335,540
    • Date on market: 8/3/2026
    • Cumulative days on market: 1 day
    • Listing terms: Submit
    • Inclusions: Refrigerator and Washer and Dryer

    Price history

    DateEventPrice
    9/8/2026Sold$475,000+1.3%$502/sqft
    Source: CRMLS #SW26162063 Report a problem
    8/18/2026Pending sale$469,000$495/sqft
    Source: CRMLS #SW26162063 Report a problem
    8/6/2026Contingent$469,000+59%$495/sqft
    Source: CRMLS #SW26162063 Report a problem
    12/27/2018Sold$295,000+0%$312/sqft
    Source: Public Record Report a problem
    12/4/2018Pending sale$294,900$311/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    9/17/2018Price change$294,900-4.6%$311/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    8/14/2018Price change$309,000-1.6%$326/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    8/9/2018Price change$314,000-1.8%$332/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    8/1/2018Price change$319,900-3.1%$338/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    7/19/2018Listed for sale$330,000+17.9%$348/sqft
    Source: Premier One, REALTORS� #SW18173757 Report a problem
    3/8/2016Sold$280,000-6.4%$296/sqft
    Source: Public Record Report a problem
    1/24/2016Pending sale$299,000$316/sqft
    Source: Premier One, REALTORS� #SW16015102 Report a problem
    1/24/2016Listed for sale$299,000-4.3%$316/sqft
    Source: Premier One, REALTORS� #SW16015102 Report a problem
    2/23/2007Sold$312,500+140.4%$330/sqft
    Source: Public Record Report a problem
    8/18/1999Sold$130,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $335,540 +2%
    2025$4,239 +1.9%$328,961 +2%
    2024$4,160 -1.1%$322,512 +2%
    2023$4,207 +1.9%$316,189 +2%
    2022$4,129 +1.9%$309,990 +2%
    2021$4,052 +1%$303,913 +1%
    2020$4,012 -0.1%$300,798 +2%
    2019$4,017 +1.5%$294,900 +1.2%
    2018$3,959 +1.4%$291,311 +2%
    2017$3,904 $285,600 +19.5%
    2016$3,904 +10.1%$239,000
    2015$3,545 +3.9%$239,000 +1.7%
    2014$3,412 $235,000 +30.6%
    2013-- $180,000 +17.6%
    2012-- $153,000 -6.1%
    2011-- $163,000 -5.8%
    2010-- $173,000
    2009-- $173,000 -30.5%
    2008-- $249,000 +67.2%
    2007-- $148,897 +2%
    2006-- $145,979 +2%
    2005-- $143,117 +3.9%
    2003-- $137,743 +2%
    2002-- $135,043 +2%
    2001$2,363 +1.5%$132,396 +2%
    2000$2,327 $129,800
    Find assessor info on the county website

    Neighborhood: 92562

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $475,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $475,000