NOT LISTED FOR SALE

29599 Cara Way Temecula, CA 92591

Estimated Value: $438,000 - $451,717

2 Beds
2.5 Baths
1,155 Sq Ft
$384/mo HOA Fee

Last Sold June 06, 2023

Last sale price $421,000 $365 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,181/month

45 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • James L. Day Middle School Rated A
  • Property is near a clubhouse
  • 1 Car Direct Access Garage

About This Home

As of June 2023

Home back on market at no fault of seller, commute to far for buyer.
Super cute Condo in the heart of Temecula. This home is located just minutes from the 15 freeway and walking distance to the Promenade Mall. Upon entry you will find yourself in a lovely living room with newer tile floors and beautiful fireplace which leads into an open kitchen and dining area. The living area is filled with light through the stunning atrium windows. Downstairs there is a half bath and upstairs are 2 Master suites and laundry area. Attached is a 1 car garage. Community is gated with tennis courts, fitness room and sparkling pool and racquet court. The home has been freshly painted and has new carpet upstairs.

Last Agent to Sell the Property

Catherine Schiffer

Allison James Estates & Homes License #01353589 Listed on: 03/17/2023

Allison James Estates & Homes

Last Buyer's Agent

Hong-Thuy Vo

License #01332202

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1990

Lot Details

  • 3,920

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 1,155 Sq Ft Home
  • 2-Story Property
  • Atrium Windows
  • Living Room with Fireplace
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near a clubhouse
  • Suburban Location

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 921291008
  • $870 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Rancho Del Mar Association, Phone Number (951) 514-1312
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,255

Year Built

Built in 1990

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921291008
  • 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: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 364.50
  • Room Type: Living Room
  • Window Features: Atrium
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, 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, Gym/Ex Room, Clubhouse, Maintenance Grounds
  • Association Fee: 384.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 9515141312
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Rancho Del Mar

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Renewal Date: 2023-02-01
  • Lot Features: Close to Clubhouse
  • 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: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.16
  • Tax Lot: 1
  • Tax Tract Number: 23160
  • TaxOtherAnnualAssessmentAmount: 870.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 26, 2023
Sold by
Parsons Theresa M
Bought by
Tran Minh Q
Seller's Agent
Catherine Schiffer
Allison James Estates & Homes
Buyer's Agent
Hong-Thuy Vo
List Price
$415,000
Sold Price
$421,000
Premium/Discount to List
$6,000
1.45%
Views
177
Current Estimated Value
$444,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,929
Avg. Annual Appreciation
2.38%
Original Mortgage
$241,000
Outstanding Balance
$234,556
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$210,373

Purchase Details

Closed on
Jan 28, 2005
Sold by
Cameron Donald G
Bought by
Parsons Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Sheppard William
Bought by
Cameron Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 2002
Sold by
Cameron Wendy J
Bought by
Cameron Donald G

Purchase Details

Closed on
May 14, 2002
Sold by
Sheppard Darlene G
Bought by
Sheppard William

Purchase Details

Closed on
Mar 13, 2002
Sold by
Jessee Graham
Bought by
Cameron Donald G and Sheppard William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,187
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 1999
Sold by
Jessee Anamarie C
Bought by
Jessee Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,975
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1999
Sold by
Hunter Todd
Bought by
Jessee Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,975
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1999
Sold by
Hunter Alicia K
Bought by
Hunter Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,975
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1996
Sold by
Va
Bought by
Hunter Todd and Hunter Alicia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,765
Interest Rate
8.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 1995
Sold by
Countrywide Funding Corp
Bought by
Va

Purchase Details

Closed on
Aug 26, 1994
Sold by
Parsons Tammy L
Bought by
Osborne Development Corp

Purchase Details

Closed on
Feb 16, 1994
Sold by
Osborne Development Corp
Bought by
Parsons Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 1993
Sold by
Tate Joe A
Bought by
Osborne Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,900
Interest Rate
7.09%
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
Tran Minh Q $421,000 None Listed On Document
Parsons Theresa M $279,000 Lawyers Title Co
Cameron Donald G -- Financial Title
Cameron Donald G -- Chicago Title Co
Sheppard William -- Chicago Title Co
Cameron Donald G $157,500 Chicago Title Co
Jessee Graham -- Fidelity National Title Co
Jessee Graham $117,500 Fidelity National Title Co
Hunter Todd -- --
Hunter Todd $74,000 Northern Counties Title
Va -- Chicago Title Co
Osborne Development Corp -- First American Title Ins Co
Parsons Tammy L $7,909 Old Republic Title Company
Osborne Development Corp -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Minh Q $241,000
Previous Owner Parsons Theresa M $223,200
Previous Owner Cameron Donald G $166,500
Previous Owner Cameron Donald G $147,187
Previous Owner Jessee Graham $113,975
Previous Owner Hunter Todd $72,765
Previous Owner Parsons Tammy L $98,900
Previous Owner Osborne Development Corp $9,900
Closed Parsons Theresa M $55,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $421,000 +1.4% $365 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $415,000 0.0% $359 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $415,000 -- $359 / 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 $5,255 $438,006 $131,399 $306,607
2023 $5,255 $373,774 $160,761 $213,013
2022 $4,451 $350,668 $151,296 $199,372
2021 $3,749 $292,223 $126,080 $166,143
2020 $3,429 $265,657 $114,618 $151,039
2019 $3,359 $257,920 $111,280 $146,640
2018 $3,231 $248,000 $107,000 $141,000
2017 $3,048 $233,000 $100,000 $133,000
2016 $2,713 $205,000 $88,000 $117,000
2015 $2,698 $205,000 $88,000 $117,000
2014 $2,473 $189,000 $81,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23034040

California Regional Multiple Listing Service (CRMLS)

APN: 921-291-008