NOT LISTED FOR SALE

29495 Cara Way Temecula, CA 92591

Estimated Value: $486,000 - $537,000

3 Beds
3 Baths
1,407 Sq Ft
$399/mo HOA Fee

Last Sold April 24, 2023

Last sale price $460,000 $327 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,501/month

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Two Primary Bedrooms
  • James L. Day Middle School Rated A
  • No Units Above
  • Open Floorplan

About This Home

As of April 2023

Welcome to 29495 Cara Way, Temecula. In the highly desirable community of Rancho Del Mar. This wonderful 3 bedroom, 3 bathroom home has
one of the best locations in the community. It is a corner end unit with a very large fully fenced patio and courtyard, perfect for pets, BBQ's and
relaxing. Plus a 2 car garage with direct access. Enter into this beautiful home with an open family room with a cozy fireplace and vaulted ceilings.
The family room is open to the dinning area that looks into the kitchen. The kitchen is light and bright and looks out to the patio. Lots of windows
for great natural light. There is also a downstairs bedroom that could also be used as a home office, with french style doors. A full bathroom
downstairs is great for guests. The laundry room is conveniently located downstairs also. Upstairs you will find 2 beautiful primary suites each with
their own private bathrooms! The main primary bedroom is very spacious and offers double mirrored closets, a balcony with great mountain &
community views, and a private bathroom with a large soaking tub/combination shower. The 2nd primary bedroom is perfect for guests or family
and also has a mirrored closet and a private bathroom with combination tub/shower and is facing the tennis court. This highly sought after gated community has great amenities with a pool, spa, tennis court, racquetball, and weight room. Your own private resort! The Temecula Promenade Mall is just around the corner with great restaurants, shopping and entertainment. Close to schools, grocery shopping, and quick access to the 15fwy, perfect for commuters. Old Town Temecula and the Temecula Wineries are just minutes away! This is one of the best central Temecula locations. Schedule
your private showing before it's gone!

Last Agent to Sell the Property

Carrie Mazzotta

Redfin Corporation License #01438266 Listed on: 03/24/2023

Redfin Corporation

Last Buyer's Agent

Nash Goldstein

Velocity Realty License #02115251

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Tile Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Courtyard Views

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921291077

Community Details

Overview

  • 130 Units
  • Rancho Del Mar Association, Phone Number (951) 296-5640
  • Associa HOA
  • Maintained Community

Recreation

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

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: The refrigerator, washer, dryer, stove, and cabinet in the garage are included.
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921291077
  • 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, Two Story Ceilings
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 326.94
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Two Masters
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Courtyard
  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Roof: Common Roof, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Racquetball, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 951-296-5640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Associa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900
  • Latitude Manual: 33.51273300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 1

Tax Info

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 14, 2023
Sold by
Mojdeh Khalighi Separate Property Trust
Bought by
Spence Joshua and Spence Natalia Catalina
Seller's Agent
Carrie Mazzotta
Redfin Corporation
Buyer's Agent
Nash Goldstein
Velocity Realty
List Price
$449,999
Sold Price
$460,000
Premium/Discount to List
$10,001
2.22%
Views
137
Current Estimated Value
$503,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,928
Avg. Annual Appreciation
3.45%
Original Mortgage
$469,890
Outstanding Balance
$457,138
Interest Rate
6.73%
Mortgage Type
VA
Estimated Equity
$46,790

Purchase Details

Listed on
Feb 8, 2014
Closed on
Mar 26, 2014
Sold by
Iwahori Kana
Bought by
Khalighi Mehdi
Seller's Agent
NoEmail NoEmail
Src Non-mls
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$220,000
Sold Price
$216,000
Premium/Discount to List
-$4,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$162,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2014
Closed on
Mar 25, 2014
Sold by
Kashefi Farhad
Bought by
Khalighi Mojdeh
Seller's Agent
NoEmail NoEmail
Src Non-mls
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$220,000
Sold Price
$216,000
Premium/Discount to List
-$4,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2014
Closed on
Feb 28, 2014
Sold by
Kaufman Patricia
Bought by
Khalighi Mojden and Khaligi Mehdi
Seller's Agent
NoEmail NoEmail
Src Non-mls
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$220,000
Sold Price
$216,000
Premium/Discount to List
-$4,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2013
Sold by
Kaufman Wayne A and Kaufman Shaun D
Bought by
Kaufman Patricia

Purchase Details

Closed on
Dec 6, 2012
Sold by
Kaufman Patricia
Bought by
Kaufman Wayne A and Kaufman Shaun D

Purchase Details

Closed on
Jan 26, 2010
Sold by
Cara Trust #29495
Bought by
Kaufman Patricia

Purchase Details

Closed on
Jan 8, 2010
Sold by
Lopez Elisa Maria
Bought by
Cara Trust #29495 and Galileo Financial

Purchase Details

Closed on
Dec 15, 1995
Sold by
Lopez Elisa Marie and Guerrero Elisa Marie
Bought by
Lopez Elisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7.37%
Mortgage Type
FHA
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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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
Spence Joshua $7,732,727 None Listed On Document
Khalighi Mehdi -- Lawyers Title Company
Khalighi Mojdeh -- Lawyers Title Company
Khalighi Mojden $216,000 Lawyers Title Company
Kaufman Patricia -- None Available
Kaufman Wayne A -- None Available
Kaufman Patricia $135,000 First American Title Company
Cara Trust #29495 -- None Available
Lopez Elisa Marie -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Joshua $469,890
Previous Owner Khalighi Mehdi $162,000
Previous Owner Lopez Elisa Marie $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2023 04/24/23 Sold $460,000 +2.2% $327 / Sq Ft
03/24/2023 03/24/23 For Sale $449,999 +108.3% $320 / Sq Ft
03/27/2014 03/27/14 Sold $216,000 -1.8% $154 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $220,000 -- $156 / 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 $5,538 $478,584 $88,434 $390,150
2023 $5,538 $254,494 $76,581 $177,913
2022 $3,241 $249,505 $75,080 $174,425
2021 $3,168 $244,613 $73,608 $171,005
2020 $3,131 $242,106 $72,854 $169,252
2019 $3,097 $237,360 $71,426 $165,934
2018 $3,033 $232,707 $70,027 $162,680
2017 $2,976 $228,145 $68,654 $159,491
2016 $2,920 $223,672 $67,308 $156,364
2015 $2,867 $220,314 $66,298 $154,016
2014 $2,671 $210,000 $50,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23048303

California Regional Multiple Listing Service (CRMLS)

APN: 921-291-077