Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Lanny --
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
TAX RECORD
Owner
MLS Area SRCAR - SOUTHWEST RIVERSIDE COUNTY
MLS Status Change Date 01/27/2014 MLS Listing Agent Hmarciti-Tish Arciniega
MLS Current List Price $239,500 MLS Listing Broker MAIN STREET REALTY
MLS Listing # I08151435
MLS Status Closed
MLS Listing Date
MLS Listing Price $170,000
MLS Orig Listing Price
MLS Close Date
MLS Listing Close Price
MLS Listing Cancellation Date
MLS Source History CRM
LAST MARKET SALE & SALES HISTORY Recording Date 04/29/2009
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
Chris Taylor
Keller Williams Luxury International
Map of Comparable Listings
Summary of Comparable Properties
A ACTIVE LISTINGS
S SOLD LISTINGS
Analysis
Chris Taylor
Keller Williams Luxury International
Chris Taylor
Comparable homes sold for an average of $173 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
385 Mossy Oak Way
$530,000 4 Beds 4.00 Baths 3,127.0 Sq. Ft. ($169 / sqft)
ACTIVE 7/8/24
Details
Prop Type: Single Family Residence
County: Riverside
Area: SRCAR - Southwest
Riverside County
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Street Lights
Contract Status Change
Date: 2024-07-08T00:00:00
Cooling: Central Air
Elevation Units: Feet
Remarks
Full baths: 4.0
Acres: 0.19
Lot Size (sqft): 8,276
Garages: 3
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Conventional, FHA
Lot Features: 0-1 Unit/Acre
Main Level Bedrooms: 1
Parking Total: 3
Pool Features: None
Nice 4 Bedroom, 4 Bathrooms House and 2 Car Garage!!!!!!
Chris Taylor
Year Built 2007 Days on market: 11
List date: 7/8/24
Off-market date: 8/28/24
Updated: Sep 26, 2024 10:29 PM
List Price: $530,000
Orig list price: $530,000
School District: San Jacinto Unified
Pool Private Y N: No
Property Attached Yes/No: Yes
Room Type: All Bedrooms Down, All Bedrooms Up
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard
View: Mountain(s)
Water Source: Public Year Built Source: Assessor
Courtesy of ALTICORE REALTY Information is deemed reliable but not guaranteed.
$547,500 5 Beds 4.00 Baths 3,148.0 Sq. Ft. ($174 / sqft)
ACTIVE 10/9/24
Year Built 2005 Days on market: 24
Details
Prop Type: Single Family Residence
County: Riverside
Area: SRCAR - Southwest
Riverside County
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Sidewalks, Street Lights
Contract Status Change
Date: 2024-10-09T00:00:00
Cooling: Central Air
Elevation Units: Feet
Foundation Details: Slab
Heating: Central
Land Fee/Land Lease: Fee
Levels: Two
Full baths: 4.0
Acres: 0.17
Lot Size (sqft): 7,405
Garages: 3
List date: 10/9/24
Updated: Nov 3, 2024 2:19 AM
List Price: $547,500
Orig list price: $547,500
School District: Hemet Unified
Listing Terms: Submit
Lot Features: Lot 6500-9999
Main Level Bedrooms: 1
Parking Total: 3
Pool Features: None
Pool Private Y N: No
Possession: Close Plus 3
Days
Property Attached Yes/No: No
Property Condition: Turnkey Roof: Tile
Bathroom Features: Double Sinks in Primary Bath
Room Type: Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
View: Mountain(s)
Water Source: Public
Window Features: Double Pane Windows
Year Built Source: Assessor
Remarks
Large two story home in San Jacinto. Home offers 5 bedrooms 3 baths. One bedroom with full bathroom downstairs. Large family room with fire place. Dinning area and formal living room. On the second lever you will find two large ensuite bedrooms. Jack and jill bathroom for two of the bedrooms. Home also offers 3 car garage. On a large lot.
Courtesy of BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Information is deemed reliable but not guaranteed.
$520,000 4 Beds 4.00 Baths 3,148.0 Sq. Ft. ($165 / sqft)
CLOSED 5/17/24
Details
Prop Type: Single Family Residence
County: Riverside
Area: 699 - Not Defined
Full baths: 4.0
Features
Accessibility Features: None
Association Y N: No
Attached Garage Y/N: N
Community Features: Curbs, Gutters
Contract Status Change
Date: 2024-05-17T00:00:00
Cooling: Central Air, Dual
Elevation Units: Feet
Flooring: Carpet
Heating: Central
Acres: 0.18
Lot Size (sqft): 7,841
Garages: 3
List date: 8/15/23
Interior Features: Ceiling Fan(s), Dry Bar, Granite Counters, Pantry
Land Fee/Land Lease: Fee Levels: Two
Listing Terms: Cash, Conventional, FHA
Lot Features: Back Yard, Bluff
Parking Total: 3
Patio And Porch Features: Front Porch
Year Built 2005 Days on market: 128
Sold date: 5/17/24
Off-market date: 4/4/24
Updated: May 18, 2024 12:48 AM
List Price: $530,000
Orig list price: $530,000
School District: San Jacinto Unified
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Roof: Clay
Kitchen Features: Kitchen Island
Room Type: Game Room, Great Room
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Available, Natural Gas Available, Sewer Available
View: Neighborhood
Water Source: Public
Year Built Source: Seller
Remarks
This four bedroom four bath home with 3150sq. ft. is one of the most preferred floorplans in the development. Commuter friendly location in north west San Jacinto will prove a great timesaver. A three car garage offers space to enjoy your hobbies. High ceilings, light contemporary colors and new carpet and LVT throughout. A friendly floorplan that provides space for everyone. Downstairs a bedroom with adjoining bath, perfect for offering privacy to guests or family. Upstairs, the primary suite with a walk in closet and tub will provide a relaxing retreat. In addition to two remaining bedrooms have a connecting bathroom. Dual Hvac, ceiling fans, slab granite counters. The backyard is an open canvas ready for you to put your touch. Active pending the Cancellation of Escrow
Courtesy of XRealty.Net Information is deemed reliable but not guaranteed.
Chris Taylor
665 Drake Drive San Jacinto, CA 92582
$540,000 4 Beds 3.00 Baths
CLOSED 6/4/24
Details
Prop Type: Single Family Residence
County: Riverside
Area: SRCAR - Southwest
Riverside County
Full baths: 2.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Street Lights
Contract Status Change
Date: 2024-06-04T00:00:00
Cooling: Central Air
Elevation Units: Feet
Heating: Central
Land Fee/Land Lease: Fee
Half baths: 1.0
Acres: 0.18
Lot Size (sqft): 7,841
Garages: 3
List date: 3/28/24
Levels: One
Listing Terms: Cash, Cash To New Loan, Conventional, FHA, Submit, VA Loan
Lot Features: Front Yard, Landscaped, Lawn, Level with Street
Main Level Bedrooms: 1
Parking Total: 3
Pool Features: None
Sq. Ft. ($176 / sqft)
Year Built 2007 Days on market: 16
Sold date: 6/4/24
Off-market date: 4/22/24
Updated: Jun 6, 2024 1:53 AM
List Price: $540,000
Orig list price: $540,000
School District: San Jacinto Unified
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: Main Floor Bedroom, Main Floor Primary Bedroom
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: Mountain(s), Neighborhood
Water Source: Public
Year Built Source: Public Records
Remarks
Welcome to this gorgeous 4 bedroom 2.5 bathroom immaculate former model home with fantastic upgrades on a corner lot! This home is all about pride of ownership, and has been extremely well taken care of. In the horse country area of San Jacinto, this home boasts a 3 car garage, dual staircase, and granite countertops. With a master bedroom and bathroom downstairs and a large loft upstairs, there is plenty of room for a larger family, and a nice yard as well! Walking distance from a beautiful park, come take a look today!
Courtesy of Signature Real Estate Group Information is deemed reliable but not guaranteed.
Chris Taylor
Overleaf Way
$555,000 4 Beds 4.00 Baths 3,127.0 Sq. Ft. ($177 / sqft)
CLOSED 10/10/24 Year Built 2006 Days on market: 4
Details
Prop Type: Single Family
Residence
County: Riverside
Area: SRCAR - Southwest
Riverside County
Full baths: 4.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features:
Sidewalks, Street Lights
Contract Status Change
Date: 2024-10-10T00:00:00
Cooling: Central Air
Elevation Units: Feet
Flooring: Tile
Heating: Central
Acres: 0.24
Lot Size (sqft): 10,454
Garages: 3
List date: 9/6/24
Sold date: 10/10/24
Off-market date: 9/11/24
Updated: Oct 14, 2024 6:02 AM
List Price: $555,000 Orig list price: $539,900
School District: San Jacinto Unified
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Submit
Lot Features: Lot
10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear
Main Level Bedrooms: 1
Parking Total: 3
Pool Features: Private, In Ground
Pool Private Y N: Yes
Possession: Close Plus
Property Attached Yes/No: No
Room Type: Bonus Room, Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Walk-In Pantry
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: Neighborhood
Water Source: Public
Year Built Source: Assessor
Remarks
Welcome to this stunning home nestled on a generous lot in the highly desirable northwest San Jacinto area. Boasting 3,127 square feet of elegantly designed living space, this residence offers a blend of comfort and luxury. The thoughtful floor plan features 4 spacious bedrooms and 4 full bathrooms, including a convenient bedroom and full bath on the ground floor. As you enter, you'll be greeted by a formal living room and dining area, perfect for hosting gatherings. The expansive family room is ideal for relaxing, while the chefs kitchen is a true highlight, complete with a central island, ample counter and cupboard space, a butler's pantry, and a built-in desk for workspace. Upstairs, you'll find three additional bedrooms, a versatile loft area, and 3 full baths. The master suite is a retreat unto itself, featuring a generously sized bedroom and a luxurious master bath with a garden tub and separate shower. The home is adorned with quality details, including plush carpeting, elegant tile flooring, and plantation shutters throughout. The backyard is a private oasis with a sparkling pool and spa, patio and bar area, mature landscaping, fruit trees, and RV parking.
Courtesy of REALTY MASTERS & ASSOCIATES
Information is deemed reliable but not guaranteed.
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$545,300 $563,294 $547,700 $567,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in the neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$540K - $555K
To get a more accurate assessment of property value, a physical inspection would be required.
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
