NOT LISTED FOR SALE

29586 Cara Way Temecula, CA 92591

Estimated Value: $431,903 - $464,000

2 Beds
2.5 Baths
1,155 Sq Ft
$320/mo HOA Fee

Last Sold March 03, 2020

Last sale price $270,000 $234 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,987/month

12 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • James L. Day Middle School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of March 2020

Set within a secure gated community and only moments from shops, schools and services, this home offers you an easy, convenient and comfortable lifestyle! The lower level is dedicated to the light-filled living area with a fireplace and direct access out to a sunny gated patio where you can enjoy summer BBQs or a morning coffee. An open kitchen with white appliances and plenty of storage space provides everything you need to make meals and treats in a breeze. Upstairs houses two bedrooms, both with roomy closets and tall ceilings. Generous dimensions outline the master bedroom featuring a tall window and ceiling fan for further style and comfort. In total, 2.5 baths service your home, and a laundry room, attached garage, plus an additional detached garage located just off the front gate offers you additional storage options. Take advantage of the community tennis court and swimming pool for extra fun just steps away. You will live in Central Temecula within comfortable reach to many essentials, including the Temecula Town Center, convenience stores, quality schools and the 15 Freeway. The secure community adds further peace of mind, so come get a sneak peek of your new lifestyle before it's gone for good!

Last Agent to Sell the Property

Team Salas SoCal

Allison James Estates & Homes License #02060418 Listed on: 01/16/2020

Allison James Estates & Homes

Co-Listed By

Jhermie Salas

Allison James Estates & Homes License #02060301

Last Buyer's Agent

Lardner Valenzuela

Coldwell Banker West License #01836213

Coldwell Banker West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1990

Lot Details

  • 3,920

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,155 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Schools

  • Temecula Elementary School
  • James Day Middle School
  • Chaparral High School

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 921292035

Community Details

Overview

  • 70 Units
  • Rancho Del Mar Association, Phone Number (951) 299-9397

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,700

Year Built

Built in 1990

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Rancho Del Mar
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921292035
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1155.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 233.77
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • 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), Sport Court, Gym/Ex Room, Clubhouse
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: (951) 299-9397
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Rancho Del Mar

Schools

  • School District: Temecula Unified
  • Elementary School: Temecula
  • Middle School: James Day
  • High School: Chaparral
  • Elementary School: Temecula
  • High School: Chaparral
  • Middle Or Junior School: James Day
  • Elementary School #2: TEMECU
  • High School2: CHAPAR2

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: 70
  • 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
Jan 16, 2020
Closed on
Feb 21, 2020
Sold by
Chang Sarah C
Bought by
Matias Kristine Magat
Seller's Agent
Team Salas SoCal
Allison James Estates & Homes
Buyer's Agent
Lardner Valenzuela
Coldwell Banker West
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$444,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,976
Avg. Annual Appreciation
9.35%
Original Mortgage
$247,252
Outstanding Balance
$217,954
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$227,022

Purchase Details

Closed on
Sep 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Chang Sarah C

Purchase Details

Closed on
May 3, 2010
Sold by
Carmouche Stanley P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 20, 2005
Sold by
Garcia Josefina and Avilez Juan
Bought by
Carmouche Stanley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,050
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Harris Sally Nobles
Bought by
Garcia Josefina and Avilez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Harris Daniel Glenn
Bought by
Harris Sally Nobles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
7.14%

Purchase Details

Closed on
May 23, 2001
Sold by
Norton John S and Norton Walter
Bought by
Harris Sally Nobles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
7.14%
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
Matias Kristine Magat $270,000 Chicago Title Inland Empire
Chang Sarah C $117,000 First American Title Ins Co
Federal National Mortgage Association $271,846 Stewart Title
Carmouche Stanley P $270,000 New Century Title Company
Garcia Josefina $182,500 Stewart Title
Harris Sally Nobles -- First American Title Co
Harris Sally Nobles $137,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matias Kristine Magat $247,252
Previous Owner Carmouche Stanley P $274,050
Previous Owner Garcia Josefina $146,000
Previous Owner Harris Sally Nobles $130,050
Closed Garcia Josefina $36,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $270,000 0.0% $234 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $270,000 0.0% $234 / Sq Ft
11/14/2018 11/14/18 Rented $1,495 0.0% --
11/12/2018 11/12/18 Off Market $1,495 -- --
10/30/2018 10/30/18 For Rent $1,495 -- --
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 $3,700 $295,279 $92,956 $202,323
2023 $3,700 $283,815 $89,348 $194,467
2022 $3,578 $278,251 $87,597 $190,654
2021 $3,499 $272,796 $85,880 $186,916
2020 $1,958 $137,051 $46,854 $90,197
2019 $1,941 $134,365 $45,936 $88,429
2018 $1,898 $131,732 $45,036 $86,696
2017 $1,862 $129,150 $44,153 $84,997
2016 $1,829 $126,619 $43,288 $83,331
2015 $1,794 $124,719 $42,639 $82,080
2014 $1,737 $122,277 $41,804 $80,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20011785

California Regional Multiple Listing Service (CRMLS)

APN: 921-292-035