NOT LISTED FOR SALE

29571 Cara Way Temecula, CA 92591

Estimated Value: $490,000 - $502,772

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

Last Sold January 08, 2021

Last sale price $380,000 $270 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,417/month

17 Days on Market

Highlights

  • Spa
  • Gated Community
  • Spanish Architecture
  • James L. Day Middle School Rated A
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of January 2021

Darling 3 bedroom, 3 bathroom Condo located in the gated community of Rancho Del Mar is also FHA APPROVED! Located in the heart of Temecula! This highly sought after end unit is the only one with a park area in front and no street directly in front. Over 1400 sf of living space with a One bedroom and bath is located on the main floor. Dedicated laundry room with cabinets. The home has a two car garage with direct access to home. Tile floor in main areas on first floor. New Carpet just installed. White kitchen cabinets and stainless appliances. Upstairs has a sweet dedicated tech center. Master has balcony with view of the community and sunrises! The patio wraps around the unit with windows to let in the natural sunlight. Enjoy the community pool/spa, tennis court and racquetball court! Enjoy the walks throughout landscaped with lighting. Close to the Promenade Mall, award winning wineries, Old Town, world class Pechanga Casino and Resort! New SJMC college opening a couple of blocks away!

Last Agent to Sell the Property

Saundra Stormer

First Team Real Estate License #01308120 Listed on: 10/23/2020

First Team Real Estate

Last Buyer's Agent

Mechele Cook

Century 21 Affiliated License #01950170

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall
  • Block Wall Fence
  • Stucco Fence
  • Level Lot

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Courtyard Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Slab Porch or Patio
  • Exterior Lighting

Schools

  • Cabrillo High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921292023

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Racquetball
  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,869

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
  • Security: Gated Community
  • Subdivision Name Other: Rancho Del Mar
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921292023
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1407.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Recessed Lighting, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 270.08
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Spa Features: Association
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish 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, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Tennis Court(s), Racquetball
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 951-296-5640
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Equity Mgmt

Schools

  • School District: Temecula Unified
  • High School: Cabrillo
  • High School: Cabrillo
  • High School2: CABRIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street
  • 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: 120
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 17, 2020
Sold by
Diaz Leilani M and Diaz Markanthony Guzman
Bought by
Damaso Glory A and Damaso Carlos Jobert
Seller's Agent
Saundra Stormer
First Team Real Estate
Buyer's Agent
Mechele Cook
Century 21 Affiliated
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$496,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,693
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Hobbs Steven G
Bought by
Hobbs Leilani M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Portillo David and Portillo Ola Ya M
Bought by
Hobbs Leilani M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Brady Jeffrey James
Bought by
Portillo David and Portillo Olaya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.19%

Purchase Details

Closed on
Aug 3, 2000
Sold by
Clark Shelby Terry and Clark Cynthia G
Bought by
Brady Jeffrey James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.19%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Dephilippis Norma
Bought by
Dephilippis Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1999
Sold by
Dephilippis Michael D
Bought by
Clark Shelby Terry and Clark Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Wilson Pat C
Bought by
Dephillippis Michael D
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
Damaso Glory A $380,000 Lawyers Title Ie
Hobbs Leilani M -- Orange Coast Title Co
Hobbs Leilani M $248,000 Orange Coast Title Co
Portillo David $150,000 American Title
Brady Jeffrey James $135,500 American Title
Dephilippis Michael D -- First American Title Co
Clark Shelby Terry $125,000 First American Title Co
Dephillippis Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernabe Emma $250,000
Previous Owner Hobbs Leilani M $20,000
Previous Owner Hobbs Leilani M $240,000
Previous Owner Hobbs Leilani M $235,600
Previous Owner Portillo David $113,000
Previous Owner Portillo David $114,000
Previous Owner Portillo David $112,500
Previous Owner Clark Shelby Terry $121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $380,000 0.0% $270 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $379,900 -- $270 / 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 $4,869 $411,320 $92,002 $319,318
2023 $4,869 $395,350 $88,431 $306,919
2022 $4,715 $387,599 $86,698 $300,901
2021 $4,075 $325,731 $118,207 $207,524
2020 $3,734 $296,722 $108,191 $188,531
2019 $3,656 $288,080 $105,040 $183,040
2018 $3,517 $277,000 $101,000 $176,000
2017 $3,013 $234,000 $85,000 $149,000
2016 $2,798 $216,000 $78,000 $138,000
2015 $2,738 $212,000 $77,000 $135,000
2014 $2,666 $209,000 $76,000 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20223290

California Regional Multiple Listing Service (CRMLS)

APN: 921-292-023