NOT LISTED FOR SALE

26700 Avenida Del Oro Temecula, CA 92590

De Luz Neighborhood

Estimated Value: $1,493,000 - $1,672,000

34.68 Acres
$45,034 Price per Acre
1,510,661 Sq Ft Lot

Last Sold October 17, 2019

Last sale price $1,030,000

Est. 54% increase in value since last sale

Current estimated payment $10,264/month

154 Days on Market

Highlights

  • Panoramic View
  • 34.68 Acre Lot
  • No HOA
  • Thompson Middle School Rated A-
  • Ranch Style House
  • Agricultural

About This Lot

As of October 2019

A rare opportunity to purchase land to run your business located in the beautiful De Luz Hills of Temecula. This 34.68 acre property includes a workshop, yard, storage area, shop and an 1800 sq ft modular home - all permitted. There are also crops on the property that are making an income. There is a 1,000 sq ft lean-to storage area, fuel tanks that are permitted and house 1,000 gallon diesel tank and 1,000 gallon gasoline tank. The shop is approx 800 sq ft with an open front. The workshop and yard includes 2 Tuff sheds that have 2 offices: 12x14 and 12x12 with 2 bathrooms on site (on septic). There are 1,389 Meyer Lemon trees, 1,746 Tango trees, 250 Sangiovese grape vines and over 14 acres of undeveloped land. This property would be perfect to run your commercial business out of. There is a seasonal creek that runs through the property as well. Also an ideal location as a wedding venue, winery, or just a weekend getaway from the hustle and bustle of the city. The property is not in an HOA so the possibilities are endless! This land has a lot of character and is tucked back in the hill but still only minutes from downtown Temecula. Don't pass this unique opportunity up!

Last Agent to Sell the Property

Kristina Oliva

Cutting Edge Sales, Inc. License #01934782 Listed on: 04/16/2019

Last Buyer's Agent

Anne Musgrove

Coldwell Banker Realty License #01234299

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 34.68 Acre Lot
  • Density is 31-35 Units/Acre
  • Property is zoned R-R

Property Views

  • Panoramic
  • Orchard Views
  • Mountain

Home Design

  • Ranch Style House

Additional Features

  • Agricultural
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 82016
  • Assessor Parcel Number 936210008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-R
  • Property Type: Land
  • Parcel Number: 936210008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.68

Exterior Features

  • View: Mountain(s), Orchard, Panoramic

Utilities

  • Electric: Electricity - On Property
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre, Agricultural - Tree/Orchard, Ranch
  • Lot Size Sq Ft: 1510660.80
  • Lot Size Acres: 34.6800
  • Latitude Manual: 33.49199600

Multi Family

  • Lot Size Area: 34.6800 Acres

Tax Info

  • Tax Census Tract: 512.00
  • Tax Lot: 3
  • Tax Tract Number: 082016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Nov 20, 2019
Sold by
Unitedstars International Ltd
Bought by
Fruit Sunmist
Seller's Agent
Kristina Oliva
Cutting Edge Sales, Inc.
Buyer's Agent
Anne Musgrove
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,030,000
Premium/Discount to List
-$365,000
-26.16%
Current Estimated Value
$1,582,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,083
Avg. Annual Appreciation
6.89%

Purchase Details

Listed on
Apr 16, 2019
Closed on
Sep 24, 2019
Sold by
Mcintyre Family Farms Inc
Bought by
Unitedstars International Ltd
Seller's Agent
Kristina Oliva
Cutting Edge Sales, Inc.
Buyer's Agent
Anne Musgrove
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,030,000
Premium/Discount to List
-$365,000
-26.16%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Sarv Singh and Sarv Rashmi Desai
Bought by
Sierra Properties Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 1998
Sold by
Desai Navnitbhai C and Desai Dharmishta N
Bought by
Desai Navnit C and Desai Dharmishta N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fruit Sunmist -- None Available
Unitedstars International Ltd $1,030,000 First American Title Company
Sierra Properties Development Inc $500,000 North American Title
Desai Navnit C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sierra Properties Development Inc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $1,030,000 -26.2% --
09/17/2019 09/17/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $1,395,000 -- --
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 $23,889 $1,126,448 $948,320 $178,128
2023 $23,889 $1,082,710 $911,497 $171,213
2022 $23,665 $1,061,482 $893,625 $167,857
2021 $23,340 $528,872 $0 $528,872
2020 $23,173 $1,030,000 $867,120 $162,880
2019 $20,957 $926,397 $659,269 $267,128
2018 $20,675 $908,234 $646,343 $261,891
2017 $20,466 $890,427 $633,670 $256,757
2016 $20,266 $872,969 $621,246 $251,723
2015 $20,110 $859,859 $611,915 $247,944
2014 $19,570 $843,018 $599,929 $243,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19085922

California Regional Multiple Listing Service (CRMLS)

APN: 936-210-008