NOT LISTED FOR SALE

Estimated Value: $1,111,000 - $1,323,535

4 Beds
4 Baths
3,586 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $1,150,000 $321 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,386/month

35 Days on Market

Highlights

  • Parking available for a boat
  • In Ground Pool
  • Mountain View
  • John F. Kennedy Elementary School Rated A-
  • 1.95 Acre Lot
  • Loft

About This Home

As of October 2024

Welcome to 1203 Las Ventanas Way, this stunning luxury home is situated in the prestigious "Rancho Valencia" gated community of Orangecrest. This 2 story luxury home has a multitude of great features, the moment you walk in the door you will notice the beautiful grand entry with an open space and high ceilings. As you walk through the home, the luxury feeling will follow throughout! One of the best features of this home is the flex space downstairs that can easily become the kids play/study room, movie theater, or a guest room! Once you go upstairs, and walk into the primary bedroom, the natural light will shine throughout the bedroom from the oversized windows that overlook your orange groves! A unique feature this primary bedroom has, is the retreat room that can be used as an additional loft, or would make a great at home office! You will love the spacious size each of the bedrooms have with the high ceilings throughout and oversized rooms. This home boasts 3,586 sqft on just under a 2 acre lot! Making it one of the largest lots in this community, the best part is, the HOA maintains your orange groves so its less maintenance for you! In addition, you have a massive RV parking lot on the side of the home that can handle all your boat, RV, trailer needs! The 3 car garage is also oversized, including a "Drive through" feature and epoxy flooring throughout. The backyard oasis also features an outdoor kitchen, barbecue, fire pit, and a spacious pool perfect for entertaining! To top it off, it is located just minutes away from some of the best schools Riverside has to offer, including "Martin Luther King High School" which is rated a 9/10 on "Great Schools". This is that hidden gem you have been waiting for!

Last Agent to Sell the Property

Blake Lammers

Park Group Real Estate Brokerage Phone: 9092148985 License #02124301 Listed on: 08/07/2024

Last Buyer's Agent

Nelson Castro

TOP LION REALTY License #02104487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,384

Year Built

  • Built in 2003

Lot Details

  • 1.95 Acre Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Pull-through
  • Parking Available
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,586 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Loft
  • Bonus Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Amelia Middle School
  • Martin Luther King High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 29242
  • Assessor Parcel Number 276360009
  • $1,358 per year additional tax assessments

Community Details

Overview

  • Rancho Valencia Association, Phone Number (951) 296-5640
  • Prescott HOA

Recreation

  • Hiking Trails

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,384

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 276360009
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3586.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 320.69
  • Room Type: Bonus Room, Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Office, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Hills, Mountain(s), Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Concrete, Garage, Oversized, Pull-through, RV Access/Parking, RV Gated
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails, Call for Rules, Controlled Access
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Valencia
  • Phone: 951-296-5640
  • Senior Community: No
  • Community Features: Curbs, Hiking, Street Lights
  • Association Management: Prescott

Schools

  • High School: Martin Luther King
  • Middle Or Junior School: Amelia
  • High School2: MALUKI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 84942.00
  • Lot Size Acres: 1.9500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84942.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 420.05
  • Tax Lot: 33
  • Tax Tract Number: 29242
  • TaxOtherAnnualAssessmentAmount: 1358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 17, 2024
Sold by
Thompson Scott D
Bought by
Castro Nelson
Seller's Agent
Blake Lammers
Park Group Real Estate
Buyer's Agent
Nelson Castro
TOP LION REALTY
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%
Views
85
Current Estimated Value
$1,214,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,134
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,035,000
Outstanding Balance
$1,023,098
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$191,036

Purchase Details

Closed on
Aug 8, 2023
Sold by
Thompson Scott D
Bought by
Thompson Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.64%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2012
Sold by
Thompson Scott D
Bought by
Thompson Scott D

Purchase Details

Closed on
Mar 27, 2003
Sold by
Thompson Mollie C
Bought by
Thompson Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,450
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castro Nelson $1,150,000 Chicago Title
Thompson Scott D -- None Listed On Document
Thompson Scott D -- North American Title Company
Thompson Scott D -- Orange Coast Title Co
Thompson Scott D $434,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Nelson $1,035,000
Previous Owner Thompson Scott D $160,000
Previous Owner Thompson Scott D $293,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $1,150,000 -2.1% $321 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,175,000 -- $328 / Sq Ft
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 $8,384 $1,150,000 $345,001 $804,999
2023 $8,384 $637,503 $104,393 $533,110
2022 $8,245 $625,004 $102,347 $522,657
2021 $8,143 $612,750 $100,341 $512,409
2020 $8,091 $606,468 $99,313 $507,155
2019 $7,961 $594,577 $97,366 $497,211
2018 $7,830 $582,919 $95,457 $487,462
2017 $7,713 $571,490 $93,586 $477,904
2016 $7,311 $560,285 $91,751 $468,534
2015 $7,259 $551,872 $90,374 $461,498
2014 $7,203 $541,063 $88,604 $452,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24162398

California Regional Multiple Listing Service (CRMLS)

APN: 276-360-009