NOT LISTED FOR SALE

Estimated Value: $2,013,000

12 Acres
$167,750 Price per Acre
522,720 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $700,000

Est. 188% increase in value since last sale

Current estimated payment $11,873/month

201 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • No HOA
  • Thompson Middle School Rated A-
  • 12 Acre Lot
  • Hiking Trails

About This Lot

As of May 2024

"No HOA" This parcel is a premium, gentle rolling 12+ acre lot, situated amidst large custom homes and farmland, and offers breathtaking views from every vantage point. Conveniently located just a 5-minute drive from the historic Old Town Temecula. With an impressive 1,100 feet of frontage along Sycamore Mesa Road, it offers both accessibility and usability. A substantial 5 to 6 acres should be easy to develop, with readily available water and utilities at the street. Your dream home awaits. The seller says sell now, so check out our photography, visit the property, and make us an offer!

Last Agent to Sell the Property

John La Mattery

LPT Realty, Inc. Brokerage Email: john@johnlamattery.com License #01374103 Listed on: 09/08/2023

LPT Realty, Inc.

Co-Listed By

Daniel Lecuna

eXp Realty of California, Inc. Brokerage Email: john@johnlamattery.com License #01876568

Last Buyer's Agent

Luigi Spera

Coldwell Banker Assoc.Brkr-Mur License #02156071

Coldwell Banker Assoc.Brkr-Mur

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,843

Lot Details

  • 12 Acre Lot
  • Rural Setting
  • The property's topography is gentle and rolling for at least 50% of the lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-R, See docs

Property Views

  • Panoramic
  • Vineyard
  • Hills
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 939080013

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$10,843

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R-R
  • Zoning Description: See docs
  • Property Type: Land
  • Parcel Number: 939080013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.34

Exterior Features

  • View: Hills, Panoramic, Valley, Vineyard
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Golf, Rural, Biking, Hiking

Lot Info

  • Topography: Gentle and rolling for at least 50% of the lot
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 522720.00
  • Lot Size Acres: 12.0000

Multi Family

  • Lot Size Area: 12.0000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
May 15, 2024
Sold by
Ferdinand A Adriatico And Maria Luz C Ad and Adriatico Maria Luz
Bought by
Rodriguez Jeffrey F
Seller's Agent
John La Mattery
LPT Realty, Inc.
Buyer's Agent
Luigi Spera
Coldwell Banker Assoc.Brkr-Mur
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
138
Current Estimated Value
$2,013,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,313,000
Avg. Annual Appreciation
129.73%
Original Mortgage
$525,000
Outstanding Balance
$499,013
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$1,513,987

Purchase Details

Closed on
Dec 8, 2016
Sold by
Adriatico Maria Luz C
Bought by
Adriatico Maria Luz C

Purchase Details

Closed on
Dec 17, 2008
Sold by
Adriatico Maria Luz C
Bought by
Adriatico Maria Luz C

Purchase Details

Closed on
Aug 18, 2004
Sold by
Olex Investment & Development Llc
Bought by
Adriatico Ferdinand A and Adriatico Marialuz C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Olex Trading Inc
Bought by
Olex Investment & Development Llc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Jesberger Virginia and Cerasoli John Thomas
Bought by
Olex Trading Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Jeffrey F $700,000 None Listed On Document
Adriatico Maria Luz C -- None Available
Adriatico Maria Luz C -- None Available
Adriatico Ferdinand A $750,000 Lawyers Title Company
Olex Investment & Development Llc -- --
Olex Trading Inc $375,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jeffrey F $525,000
Previous Owner Adriatico Ferdinand A $600,000
Previous Owner Olex Trading Inc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $700,000 -3.4% --
03/27/2024 03/27/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $725,000 -3.3% --
11/29/2023 11/29/23 For Sale $750,000 0.0% --
10/28/2023 10/28/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $750,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,843 $714,000 $714,000 --
2023 $10,843 $517,014 $517,014 $0
2022 $10,719 $506,877 $506,877 $0
2021 $7,097 $285,516 $285,516 $0
2020 $6,874 $271,920 $271,920 $0
2019 $6,745 $264,000 $264,000 $0
2018 $6,745 $264,000 $264,000 $0
2017 $6,762 $264,000 $264,000 $0
2016 $6,780 $264,000 $264,000 $0
2015 $6,793 $264,000 $264,000 $0
2014 $6,314 $240,000 $240,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304386

California Regional Multiple Listing Service (CRMLS)

APN: 939-080-013