tomo logo

$640,000

Beds
3
Baths
2.5
sq ft
2,180

38022 Encanto Rd, Murrieta, CA 92563

38022 Encanto Rd

Murrieta, CA 92563

  • Pending
Located in the desirable Rancho Bella Vista neighborhood, 38022 Encanto Road in Murrieta offers a spacious 2,180 sq ft floor plan with 3 bedrooms, 2.5 bathrooms, and a versatile enclosed loft perfect for a home office or additional living space. This charming home, built in 2004, features modern amenities such as black stainless steel appliances, new waterproof vinyl flooring, and recessed lighting throughout. Its prime location provides easy access to nearby freeways, shopping centers, and schools, while the renowned Rancho California Road wineries are just minutes away. Outside, the professionally manicured front and backyards create an ideal setting for outdoor enjoyment. With comfort and convenience at its core, this property is an ideal blend of tranquility and accessibility.

Details

Property type

Single Family Residence

Est. home value

$641,483

Lot size

4,792 sq ft

Price per sq ft

$294

Year built

2004

Monthly HOA fee

$40

Price History

04/04/2025
CRMLS

CRMLS #SW25062126

Pending
$640,000
03/26/2025
CRMLS

CRMLS #SW25062126

Listed
$640,000
-1.92%
04/07/2022
CRMLS

CRMLS #OC22047197

Sold
$652,500
+69.48%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Sidewalks

High school district: 

Murrieta

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$97,687
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$491,113
Cash to seller
$97,687

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ony Glo Inc

Loan start date

March 2022

Original loan amount

$522,000

Est. remaining balance

$491,113

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Christopher Burks and Nancy Burks

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 04/09/2025 at 10:00 PM

Listing updated: 04/07/2025 at 11:45 AM

Listed by: Tyson Robinson, Trillion Real Estate Phone #: (951) 200-3181

MLS: CRMLS #SW25062126

CRMLS logo

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