About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

40540 Melrose Dr, Temecula, CA 92591

$686,000

Last sold 03/30/2023 for $618K

3
bed
3
bath
1,883
Sqft ($329/Sqft)

House not for sale

About 40540 Melrose Dr

Property type House

Year built 2022

HOA fee $149/month

Lot size 2,614 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Brand NEW energy-efficient home ready February 2023! Entertain family in the open concept downstairs living space, complete with a downstairs powder bathroom. White cabinets with bengal white granite countertops, lighthouse EVP flooring and greyish brown patterned carpet in our Crisp 2 package. Meet Valiant at Heirloom Farms, a community of single-family homes now selling in Temecula, CA. This community offers residents amenities for the whole family and is conveniently located in the award-winning Temecula school district. Known for their energy-efficient features, our homes help you live a healthier lifestyle while saving you thousands of dollars in utility bills.

Listed by

Listing Agent - Michelle Shepherd

Listing Office - Meritage Homes of California

Source: CRMLS

MLS#OC22246065 • last updated 3 years ago

Movoto checked CRMLS for data 1 minute ago

Overview
Levels/Style	Two, House
Type	Residential
SubType	Single Family Residence
Status	Closed
Living Area	1883
Lot Size (Acres)	0.06
Lot Size (SqFt)	2613.6
Year Built	2022
HOA Name	Heirloom Frams HOA, Vintage Group
Condition	Under Construction
HOA Fee	Monthly, 149

Interior
Total # of Bathrooms	3
# Full Baths	2
# Half Baths	1
Total # of Bedrooms	3
Kitchen	Kitchen Island
Appliances	Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
Interior Features	Home Automation System, Open Floorplan, Pantry, Recessed Lighting
Window Features	Double Pane Windows, ENERGY STAR Qualified Windows

Exterior
Construction	Drywall Walls, Spray Foam Insulation
Roof	Concrete
Parking	Direct Garage Access
# Parking Spaces	2
# Garage Spaces	2
Lot Description	0-1 Unit/Acre

Amenities / Utilities
Fireplaces	None
Green Features: Energy Efficient	Appliances, Construction, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
Sewer/ Septic	Public Sewer
Green Features: Water Conservation	Flow Control
Water Source	Public
Electric	Standard
HOA Amenities	Pool, Spa/Hot Tub, Playground
Inclusions	Live Now Deisgn Package, M.connect

Location
View	Neighborhood
County	Riverside
Community Features	Dog Park, Park, Sidewalks
Subdivision	Valiant At Heirloom Farms
High School	Chaparral, CHAPAR2
High School District	Temecula Unified
Zoning	RES
Directions	Valiant At Heirloom Farms Is Located Off Of Date Street And Ynez Road In Temecula, CA

Lot/ Land Details
Road Frontage	City Street

$686K

Range: $644K-$727K

Last 30 days

Rental est.: $2,617/month

• Gross rent multiplier: 19.7

Lower your payment with the loan terms that fit you.

Jul 2026
MLS # SW26096271
Jul 14, 2026 Price Change
$679,900 (-1.4%)
Jun 12, 2026 Price Change
$689,900 (-1.4%)
May 5, 2026 Listed
$699,900 (+13.1%)
Mar 2023
Public Records
Mar 30, 2023 Sold
$619,000
Mar 2023
MLS # OC22246065
Mar 30, 2023 Sold
$618,885
Mar 6, 2023 Pending
—
Feb 7, 2023 Listed
$618,885 (+0.8%)
Jan 30, 2023 Pending
—
Jan 30, 2023 Listed
$613,885 (+1.1%)
Dec 28, 2022 Pending
—
Nov 29, 2022 Listed
$607,295
Nov 2022
MLS # 8lf789x14yc
Nov 10, 2022 Listed
$607,295

Year Property taxes Tax assessment
2024
$10,914 +127.2%

$643,885 +2.0%
2023
$4,803 +352.1%

$631,261 +705.04%
2022
$1,062

$78,414

40540 Melrose Dr
$618K
—
92591
$776K +8% y/y
Temecula
$812K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
40524 Melrose Dr, Temecula, CA 92591	$723,000	4/3	2,112	0.01
40528 Melrose Dr, Temecula, CA 92591	$668,000	3/2	1,665	0.01
40572 Melrose Dr, Temecula, CA 92591	$727,000	4/—	2,112	0.01
40530 Melrose Dr, Temecula, CA 92591	$668,000	3/2	1,665	0.02
40576 Melrose Dr, Temecula, CA 92591	$666,000	3/—	1,665	0.02
40556 Melrose Dr, Temecula, CA 92591	$734,000	4/—	2,112	0.02
40472 Melrose Dr, Temecula, CA 92591	$689,000	3/2	1,851	0.02
40538 Melrose Dr, Temecula, CA 92591	$688,000	3/2	1,851	0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.