NOT LISTED FOR SALE

29468 Cara Way Temecula, CA 92591

Estimated Value: $476,000 - $492,000

3 Beds
3 Baths
1,407 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $467,000 $332 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,403/month

20 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Main Floor Bedroom
  • James L. Day Middle School Rated A
  • Mountain View
  • End Unit

About This Home

As of December 2023

Beautiful townhome in the most private and largest unit in Rancho del Mar Community with an expansive patio, perfect for outdoor entertainment, barbecue and relaxing.
Enter in this fantastic open floor plan with vaulted ceilings with plenty of natural light. Dining room opens to the kitchen with designer backsplash and cabinets. From here you are steps from private patio. The family room is adorned with elegant drapery and cozy fireplace. Laundry room is convenient located downstairs. Downstair bedroom can be use as an office or as a bedroom. All areas upstiars have luxury quality waterproof plank flooring. Both primary suite bedrooms upstair have their own private bathrooms. One primary bedroom has a balcony. This Gated community has great amenities with a pool, spa, tennis courts, racquetball and weight room. Close to restaurants, entertainment, shopping, schools, Mall and Temecula Wineries.

Last Agent to Sell the Property

Alicia Maldonado

HomeSmart, Evergreen Realty License #02002449 Listed on: 10/26/2023

Last Buyer's Agent

Libby Raquel

HP Realty License #02197792

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1990

Lot Details

  • 3,209 Sq Ft Lot
  • End Unit
  • 1 Common Wall

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Double Master Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921291051

Community Details

Overview

  • 130 Units
  • Rancho De Mar Association, Phone Number (951) 296-5640
  • Equity Managment HOA

Recreation

  • Tennis Courts
  • Racquetball
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1990

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 921291051
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1407.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 331.91
  • Room Type: Living Room, Main Floor Bedroom, Two Primaries

Exterior Features

  • View: Mountain(s)
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Racquetball, Trash, Water
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho de Mar
  • Phone: 9512965640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Equity Managment

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3209.00
  • Lot Size Acres: 0.0737

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3209.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 130

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 23160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 20, 2023
Sold by
Callies Sasha Marie
Bought by
Morales Arace-Ri and Singh Blanca E
Seller's Agent
Alicia Maldonado
HomeSmart, Evergreen Realty
Buyer's Agent
Libby Raquel
HP Realty
List Price
$520,000
Sold Price
$467,000
Premium/Discount to List
-$53,000
-10.19%
Views
121
Current Estimated Value
$485,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,528
Avg. Annual Appreciation
1.90%
Original Mortgage
$438,900
Outstanding Balance
$431,658
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$53,870

Purchase Details

Closed on
Sep 7, 2010
Sold by
Callies Shaana L
Bought by
Callies Sasha Marie

Purchase Details

Closed on
Jun 25, 2009
Sold by
Callies Shaana L
Bought by
Callies Shaana L and The Jacqueline A Stephenson Trust

Purchase Details

Closed on
Aug 18, 2008
Sold by
U S Bank Na
Bought by
Callies Shaana L

Purchase Details

Closed on
Nov 30, 2007
Sold by
Brandon Elizabeth
Bought by
U S Bank Na and J P Morgan Mortgage Acquisition Trust 20

Purchase Details

Closed on
Mar 25, 2006
Sold by
Brandon Barry
Bought by
Brandon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Brandon Barry and Brandon Elizabeth
Bought by
Brandon Barry and Brandon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 28, 2000
Sold by
Montross Family Limited Partnership
Bought by
Brandon Barry and Brandon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2000
Sold by
Montross David A
Bought by
Montross Family Ltd Partnership
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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Purchase History

Date Buyer Sale Price Title Company
Morales Arace-Ri $467,000 Ticor Title
Callies Sasha Marie -- None Available
Callies Shaana L -- None Available
Callies Shaana L $170,000 Landsafe Title
U S Bank Na $251,500 Landsafe Title
Brandon Elizabeth -- First American Title Company
Brandon Barry -- Landsafe Title
Brandon Barry $150,000 First American Title Co
Montross Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Arace-Ri $438,900
Previous Owner Brandon Elizabeth $301,000
Previous Owner Brandon Barry $216,800
Previous Owner Brandon Barry $145,500
Closed Brandon Barry $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $467,000 -2.5% $332 / Sq Ft
11/13/2023 11/13/23 Price Changed $479,000 -4.0% $340 / Sq Ft
10/30/2023 10/30/23 Price Changed $499,000 -4.0% $355 / Sq Ft
10/26/2023 10/26/23 For Sale $520,000 -- $370 / 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 $5,618 $476,339 $142,900 $333,439
2023 $5,618 $172,384 $49,250 $123,134
2022 $2,249 $169,005 $48,285 $120,720
2021 $2,194 $165,692 $47,339 $118,353
2020 $2,166 $163,994 $46,854 $117,140
2019 $2,145 $160,780 $45,936 $114,844
2018 $2,097 $157,629 $45,036 $112,593
2017 $2,055 $154,539 $44,153 $110,386
2016 $2,017 $151,510 $43,288 $108,222
2015 $1,977 $149,237 $42,639 $106,598
2014 $1,913 $146,315 $41,804 $104,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23198478

California Regional Multiple Listing Service (CRMLS)

APN: 921-291-051