NOT LISTED FOR SALE

29478 Cara Way Temecula, CA 92591

Estimated Value: $496,000 - $509,000

3 Beds
3 Baths
1,407 Sq Ft
$325/mo HOA Fee

Last Sold December 20, 2021

Last sale price $475,000 $338 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,483/month

8 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Main Floor Bedroom
  • James L. Day Middle School Rated A
  • Mountain View
  • Spanish Architecture

About This Home

As of December 2021

Wonderful corner unit Condo located in the Rancho Del Mar Community in the heart of Temecula! Nestled in the back with beautiful view of the mountains and sunsets! The corner units with the wrapped around patios are the only units that offer one bedroom and bathroom on the main floor. You have a 2 car attached garage with direct access into the home. Luxury vinyl floorings throughout. No carpet! Upgraded baseboards give this home a modern vibe! Living room has high ceilings, upgraded fireplace and access to the patio. Lovely updated kitchen with gorgeous quartz counters with an extended area for kitchen counter stools. Stainless sink with new fixtures. The primary bedroom is spacious with it's own private balcony. Primary bathroom has a tub/shower combo. Mirrored closets doors. The upstairs secondary bedroom is like a second primary as it also has it's own bathroom and large mirrored closet and High ceilings. Upgraded lighting throughout. The main floor bedroom is currently being used as an office with mirrored closet. The separate laundry is on the main floor with upper cabinets! Lots of storage space! This gated community has pool/spa, tennis court, racquetball court, workout room and lighted walkways throughout. Close to amenities, freeway, schools wine county and Old Town Temecula!

Last Agent to Sell the Property

Saundra Stormer

First Team Real Estate License #01308120 Listed on: 11/18/2021

First Team Real Estate

Last Buyer's Agent

Saundra Stormer

First Team Real Estate License #01308120 Listed on: 11/18/2021

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall
  • Level Lot

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Formal Entry
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921291056
  • $453 per year additional tax assessments

Community Details

Overview

  • 130 Units
  • Rancho Del Mar Association, Phone Number (888) 354-8322
  • Equity HOA

Amenities

  • Meeting Room

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,801

Year Built

Built in 1990

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921291056
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1407.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 337.60
  • Room Type: Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association, In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Tennis Court Private
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Racquetball, Gym/Ex Room, Meeting Room, Trash, Sewer, Water, Controlled Access
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 8883548322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Equity

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 130

Tax Info

  • Tax Census Tract: 432.16
  • Tax Lot: 1
  • Tax Tract Number: 23160
  • TaxOtherAnnualAssessmentAmount: 453.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Nov 30, 2021
Sold by
Henry Lisa Dorothea
Bought by
Raasikh Ceonne and Raasikh Raheem
Seller's Agent
Saundra Stormer
First Team Real Estate
Buyer's Agent
Saundra Stormer
First Team Real Estate
List Price
$460,000
Sold Price
$475,000
Premium/Discount to List
$15,000
3.26%
Current Estimated Value
$502,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,579
Avg. Annual Appreciation
1.50%
Original Mortgage
$332,500
Outstanding Balance
$260,010
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$242,569

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 29, 2020
Sold by
Smith Mark Joseph
Bought by
Henry Lisa Dorothea
Seller's Agent
Ruben Muro
Keller Williams Realty
Buyer's Agent
VICTORIA MAGANA
PROFESSIONAL REALTORS
List Price
$330,000
Sold Price
$320,800
Premium/Discount to List
-$9,200
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.09%
Original Mortgage
$256,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2020
Closed on
May 21, 2020
Sold by
Maruska John H
Bought by
Henry Lisa Dorothea
Seller's Agent
Ruben Muro
Keller Williams Realty
Buyer's Agent
VICTORIA MAGANA
PROFESSIONAL REALTORS
List Price
$330,000
Sold Price
$320,800
Premium/Discount to List
-$9,200
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2012
Sold by
Brown Dale J
Bought by
Maruska John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1998
Sold by
Gordon Sandralee and Gordon Litabel
Bought by
Maruska John H and Brown Dale J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
6.88%
Mortgage Type
FHA
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
Raasikh Ceonne $475,000 Western Resources Title
Henry Lisa Dorothea -- Lawyers Title Ie
Henry Lisa Dorothea $321,000 Lawyers Title
Maruska John H $14,500 Priority Title
Maruska John H $109,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raasikh Ceonne $332,500
Previous Owner Henry Lisa Dorothea $256,000
Previous Owner Maruska John H $100,000
Previous Owner Maruska John H $104,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $475,000 +3.3% $338 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $460,000 +43.4% $327 / Sq Ft
07/07/2020 07/07/20 Sold $320,800 -2.8% $228 / Sq Ft View Prior Sale
07/01/2020 07/01/20 Price Changed $330,000 0.0% $235 / Sq Ft
07/01/2020 07/01/20 For Sale $330,000 +1.5% $235 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $325,000 -- $231 / 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 $5,801 $504,073 $90,202 $413,871
2023 $5,801 $484,500 $86,700 $397,800
2022 $5,621 $475,000 $85,000 $390,000
2021 $3,997 $320,800 $85,000 $235,800
2020 $2,009 $156,224 $21,490 $134,734
2019 $1,991 $153,162 $21,069 $132,093
2018 $1,945 $150,159 $20,656 $129,503
2017 $1,906 $147,215 $20,251 $126,964
2016 $1,871 $144,329 $19,854 $124,475
2015 $1,834 $142,162 $19,556 $122,606
2014 $1,773 $139,379 $19,174 $120,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21251430

California Regional Multiple Listing Service (CRMLS)

APN: 921-291-056