NOT LISTED FOR SALE

29531 Cara Way Unit 90 Temecula, CA 92591

Estimated Value: $482,698 - $495,000

3 Beds
2.5 Baths
1,311 Sq Ft
$387/mo HOA Fee

Last Sold March 28, 2023

Last sale price $462,000 $352 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,371/month

89 Days on Market

Highlights

  • Fitness Center
  • Spa
  • 2 Car Attached Garage
  • James L. Day Middle School Rated A
  • Tennis Courts
  • Laundry Room

About This Home

As of March 2023

Here it is, your chance to own a 3 bedroom condo with an "attached" two car garage at a great price. Recently updated with hardwood flooring downstairs and upstairs bathrooms, new vanities, crown molding throughout, recessed lighting, ceiling fans, granite counters, stainless steel sink and new double pane vinyl slider door for the patio and window in the master BR. Home has brand new carpet and a new microwave and dishwasher will be installed. New closet and interior doors will be replaced/installed where needed. Located in a highly desired location, within a gated community, just minutes to the mall, shops, restaurants, parks and more. Community boast a pool, spa, tennis courts, racketball, weight room and a meeting space.

Last Agent to Sell the Property

Emil Meyer

Excel Realty & Mortgage, Inc License #01846604 Listed on: 12/08/2022

Excel Realty & Mortgage, Inc

Last Buyer's Agent

Amra Munsch

Thank You Heroes Realty License #01889655

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 1990

Lot Details

  • 3,920

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Fixer Upper

Interior Spaces

  • 1,311 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Spa
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921292008
  • $638 per year additional tax assessments

Community Details

Overview

  • 127 Units
  • Rancho Del Mar Association, Phone Number (951) 296-5640
  • Equity Management HOA

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,559

Year Built

Built in 1990

Lot Details

0

HOA Fees

$387 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: refrigerator, washer & dryer
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921292008
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1311.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 352.40
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Window Features: Blinds

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • 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
  • Association Fee: 387.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 951-296-5640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Storm Drains
  • Association Management: Equity Management

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 127
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.16
  • Tax Lot: 1
  • Tax Tract Number: 23160
  • TaxOtherAnnualAssessmentAmount: 638.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 27, 2023
Sold by
Hinkle Donna
Bought by
Ganda Ricardo V and Hernandez Erica Michelle
Seller's Agent
Emil Meyer
Excel Realty & Mortgage, Inc
Buyer's Agent
Amra Munsch
Thank You Heroes Realty
List Price
$474,999
Sold Price
$462,000
Premium/Discount to List
-$12,999
-2.74%
Views
200
Current Estimated Value
$456,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,602
Avg. Annual Appreciation
-0.08%
Original Mortgage
$472,626
Outstanding Balance
$460,240
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$919

Purchase Details

Closed on
Jun 20, 2016
Sold by
Hernandez Nick and Hernandez Felisha
Bought by
Hinkle Carl D and Hinkle Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Hernandez Nick
Bought by
Hernandez Nick and Hernandez Felisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,579
Interest Rate
3.34%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2011
Sold by
Hernandez Felisha
Bought by
Hernandez Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,882
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2009
Sold by
Hernandez Felisha
Bought by
Hernandez Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,472
Interest Rate
5.18%
Mortgage Type
VA

Purchase Details

Closed on
Aug 22, 2009
Sold by
Trinity Dot Investments Llc
Bought by
Hernandez Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,472
Interest Rate
5.18%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2009
Sold by
Ortiz Manuel
Bought by
Trinity Dot Investments Llc

Purchase Details

Closed on
Feb 3, 2006
Sold by
Kennedy April
Bought by
Ortiz Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lemay Diriki M and Lemay Christina V
Bought by
Kennedy April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2001
Sold by
Billings C Dale C and Billings Maryann G
Bought by
Lemay Diriki M and Barroso Cristina V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1999
Sold by
Scott Ryan
Bought by
Billings C Dale C and Billings Maryann G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
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
Ganda Ricardo V $462,000 --
Hinkle Carl D $230,500 Stewart Title Of Ca Inc
Hernandez Nick -- None Available
Hernandez Nick -- Commerce Title Company
Hernandez Nick -- Multiple
Hernandez Nick $115,000 Multiple
Trinity Dot Investments Llc -- None Available
Ortiz Manuel $320,000 Transunion
Kennedy April $215,500 Ticor Title
Lemay Diriki M $145,000 Chicago Title Co
Billings C Dale C $123,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganda Ricardo V $472,626
Previous Owner Hinkle Carl D $114,000
Previous Owner Hernandez Nick $118,579
Previous Owner Hernandez Nick $118,882
Previous Owner Hernandez Nick $117,472
Previous Owner Ortiz Manuel $64,000
Previous Owner Ortiz Manuel $256,000
Previous Owner Kennedy April $40,600
Previous Owner Kennedy April $162,400
Previous Owner Lemay Diriki M $140,650
Previous Owner Billings C Dale C $90,000
Closed Billings C Dale C $30
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $462,000 -0.6% $352 / Sq Ft
02/25/2023 02/25/23 Price Changed $464,999 -2.1% $355 / Sq Ft
12/08/2022 12/08/22 For Sale $474,999 -- $362 / 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 $5,559 $480,664 $88,434 $392,230
2024 $5,559 $471,240 $86,700 $384,540
2023 $3,372 $257,123 $83,662 $173,461
2022 $3,289 $252,082 $82,022 $170,060
2021 $3,215 $247,140 $80,414 $166,726
2020 $3,178 $244,607 $79,590 $165,017
2019 $3,143 $239,812 $78,030 $161,782
2018 $3,077 $235,110 $76,500 $158,610
2017 $3,020 $230,500 $75,000 $155,500
2016 $1,743 $125,389 $43,613 $81,776
2015 $1,709 $123,508 $42,959 $80,549
2014 $1,653 $121,090 $42,118 $78,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22253329

California Regional Multiple Listing Service (CRMLS)

APN: 921-292-008