NOT LISTED FOR SALE

Estimated Value: $959,139

0.47 Acre
$2,040,721 Price per Acre
20,473 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $760,000

Est. 26% increase in value since last sale

Current estimated payment $6,139/month

42 Days on Market

Highlights

  • 0.47 Acre Lot
  • No HOA
  • 1-minute walk to Rotary Park
  • Margarita Middle School Rated A-
  • Neighborhood Views

About This Lot

As of April 2021

Development opportunity in the Old Town Specific Plan (SP-5) within the Neighborhood Residential Planning Area allows for all types of residential and commercial uses as part of a live/work project. The density of 20 to 35 dwelling units per acre with a maximum height of 3-story level. Buyer to verify with the City of the satisfaction of Buyer. Excellent location, walking distance to the bus stop and Old Town Front Street of Downtown Temecula.

Last Agent to Sell the Property

Cathy Wong

High Ten Partners, Inc. License #01105733 Listed on: 02/12/2021

High Ten Partners, Inc.

Last Buyer's Agent

Garrett Brookman

Impact Real Estate License #01965243

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,951

Lot Details

  • 0.47 Acre Lot
  • Density is 26-30 Units/Acre
  • Value in Land
  • Property is zoned NR

Additional Features

  • Neighborhood Views
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 36
  • Assessor Parcel Number 922054011

Property Details

Property Type

Land

Est. Annual Taxes

$10,951

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: NR
  • Property Type: Land
  • Parcel Number: 922054011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 37.12

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre, Value In Land
  • Lot Size Sq Ft: 20473.00
  • Lot Size Acres: 0.4700

Multi Family

  • Lot Size Area: 20473.0000 Square Feet

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 512.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 23, 2021
Sold by
U2 Llc
Bought by
Blnl Development Llc
Seller's Agent
Cathy Wong
High Ten Partners, Inc.
Buyer's Agent
Garrett Brookman
Impact Real Estate
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Current Estimated Value
$959,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,139
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Oct 28, 2009
Sold by
Renaissance Ventures Llc
Bought by
U2 Llc

Purchase Details

Closed on
Dec 2, 2008
Sold by
Renaissance Ventures Llc
Bought by
Mid Coast Mortgage Inc
Source: Public Records

Range of Values:

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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
Blnl Development Llc $760,000 Commonwealth Land Title
U2 Llc $3,848,384 Accommodation
Mid Coast Mortgage Inc $125,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $760,000 -4.9% --
04/07/2021 04/07/21 For Sale $799,000 0.0% --
03/26/2021 03/26/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $799,000 +5.1% --
02/12/2021 02/12/21 Off Market $760,000 -- --
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 $10,951 $822,648 $822,648 --
2023 $10,833 $790,704 $790,704 $0
2022 $10,625 $775,200 $775,200 $0
2021 $6,850 $493,731 $493,731 $0
2020 $7,832 $488,669 $488,669 $0
2019 $6,690 $479,088 $479,088 $0
2018 $6,569 $469,695 $469,695 $0
2017 $6,765 $460,486 $460,486 $0
2016 $6,327 $451,457 $451,457 $0
2015 $6,510 $444,677 $444,677 $0
2014 $6,504 $435,967 $435,967 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21021707

California Regional Multiple Listing Service (CRMLS)

APN: 922-054-011