NOT LISTED FOR SALE

22274 Treasure Island Dr Unit 1 Canyon Lake, CA 92587

Estimated Value: $601,000 - $639,000

2 Beds
2 Baths
1,252 Sq Ft
$493/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $615,000 $491 Per Sq Ft

Current estimated payment $4,338/month

16 Days on Market

Highlights

  • Boat Dock
  • Community Stables
  • Fishing
  • Golf Course Community
  • Fitness Center
  • 1-minute walk to Sunset Beach

About This Home

As of March 2024

Opportunity is here. Waterfront property, located on the private island of Treasure Island in one of the most prestigious guard gated lake communities in California. Views of the hills, lake and west facing sunsets make this property the perfect for weekend get aways or daily enjoyment.

Freshly updated this masterpiece waits for its new owner. Situated on an end unit, lake level. This beautiful 2 bedroom, 2 bath home with large loft walk out covered balcony that captures some of the best views of the lake. The large open living space is a balance of the living room, dining room and open kitchen. The upgraded kitchen cabinets have been updated with new quartz countertops, trimmed with decorative door hardware and a beautiful backsplash, and stainless steel appliances. Featuring new large plank wood style LVP floor, flowing throughout with carpet in the bedrooms. Both bedrooms are oversized, the primary bath features a sunken jetted tub, and in the primary closet is the laundry room for convenience. This property also comes with a dedicated boat slip to enjoy.

Within the Treasure Island community, residents will enjoy their own gated parking to keep out guest trying to get the best spot to watch the annual 4th of July Fireworks celebration. Residents also have an additional gated pool and spa complete with workout gym. The community of Canyon Lake offers a long list of amenities such as boating, fishing, skiing, countless parks, BBQs, tennis courts, community pool, 24 hour security surveillance

Last Agent to Sell the Property

Joshua Summers

Real Estate eBroker License #01400475 Listed on: 02/13/2024

Real Estate eBroker

Last Buyer's Agent

Christina Hudson

Farnam & Associates Real Estate License #01940068

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1974

Lot Details

  • 1,252 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Bay
  • Lake
  • Bridge
  • City Lights
  • Woods
  • Peek-A-Boo
  • Canal
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4793
  • Assessor Parcel Number 354180002
  • $220 per year additional tax assessments

Community Details

Overview

  • 36 Units
  • Canyon Lake HOA, Phone Number (951) 244-6841
  • Cayon Lake Treasure Island HOA
  • Community Lake
  • Foothills
  • Mountainous Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Dog Park
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Security Service
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,220

Year Built

Built in 1974

Lot Details

0

HOA Fees

$808 per month

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 354180002
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1252.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 491.21
  • Room Type: All Bedrooms Down, Foyer, Kitchen, Laundry, Living Room

Exterior Features

  • View: Bay, Bridge(s), Canal, City Lights, Hills, Lake, Peek-A-Boo, Trees/Woods, Water
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Cayon Lake Treasure Island HOA
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Dock, Biking Trails, Gym/Ex Room, Clubhouse, Security, Controlled Access
  • Association Fee: 328.00
  • Association #2 Fee: 480.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Canyon Lake HOA
  • Phone: (951) 244-6841
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Mountainous, Stable(s)
  • Association Management: Canyon Lake HOA

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1252.00
  • Lot Size Acres: 0.0287

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1252.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.48
  • Tax Lot: 1
  • Tax Tract Number: 4793
  • TaxOtherAnnualAssessmentAmount: 220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 4, 2024
Sold by
Mm Diamond Investment Llc
Bought by
Woolbright Family Trust and Woolbright
Seller's Agent
Joshua Summers
Real Estate eBroker
Buyer's Agent
Christina Hudson
Farnam & Associates Real Estate
List Price
$615,000
Sold Price
$615,000
Views
48
Current Estimated Value
$617,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,825
Avg. Annual Appreciation
0.31%
Original Mortgage
$425,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2024
Sold by
Arlyn Allen Trust
Bought by
Mm Diamond Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2012
Closed on
Aug 2, 2012
Sold by
Skyline Vista Equities Llc
Bought by
Allen Arlyne J
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Tom Allen
Coldwell Banker Assoc.Brkr-Mur
List Price
$237,900
Sold Price
$237,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Johnston John C
Bought by
Skyline Vista Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.84%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2007
Sold by
Johnston Mary P
Bought by
Johnston John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2007
Sold by
King Pat
Bought by
Johnston John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 1999
Sold by
King Pat and King Sue
Bought by
King Rose

Purchase Details

Closed on
Jun 1, 1997
Sold by
Speegle Onella E and Speegle Rose
Bought by
King Pat and King Sue

Purchase Details

Closed on
Aug 19, 1994
Sold by
Guenther Carolyn V
Bought by
Speegle Onella E

Purchase Details

Closed on
May 19, 1994
Sold by
Guenther Carolyn V
Bought by
Guenther Carolyn and King Rose
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
Woolbright Family Trust $595,000 Stewart Title Of California
Mm Diamond Investments Llc $422,000 Stewart Title Of California
Allen Arlyne J $238,000 Fidelity National Title Co
Skyline Vista Equities Llc $201,000 Fidelity National Title Co
Johnston John C -- Fidelity National Title Co
Johnston John C $410,000 Fidelity National Title Co
King Rose -- --
King Pat $77,500 First American Title Ins Co
Speegle Onella E $20,000 Fidelity National Title Ins
Guenther Carolyn -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mm Diamond Investments Llc $425,000
Previous Owner Skyline Vista Equities Llc $0
Previous Owner Johnston John C $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $615,000 0.0% $491 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $615,000 +158.5% $491 / Sq Ft
08/30/2012 08/30/12 Sold $237,900 0.0% $190 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $237,900 0.0% $190 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
04/27/2012 04/27/12 Price Changed $237,900 -4.0% $190 / Sq Ft
03/15/2012 03/15/12 Price Changed $247,900 -4.6% $198 / Sq Ft
01/27/2012 01/27/12 For Sale $259,900 -- $208 / 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 $3,220 $606,899 $151,726 $455,173
2023 $3,220 $281,685 $88,763 $192,922
2022 $3,007 $276,163 $87,023 $189,140
2021 $2,951 $270,749 $85,317 $185,432
2020 $2,730 $267,974 $84,443 $183,531
2019 $2,676 $262,721 $82,788 $179,933
2018 $2,622 $257,570 $81,165 $176,405
2017 $2,570 $252,521 $79,574 $172,947
2016 $2,473 $247,570 $78,014 $169,556
2015 $2,442 $243,854 $76,844 $167,010
2014 $2,412 $239,080 $75,340 $163,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24030726

California Regional Multiple Listing Service (CRMLS)

APN: 354-180-002