NOT LISTED FOR SALE

29602 Cara Way Temecula, CA 92591

Estimated Value: $425,568 - $460,000

2 Beds
2.5 Baths
1,155 Sq Ft
$325/mo HOA Fee

Last Sold October 29, 2021

Last sale price $405,000 $351 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,038/month

2 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 2 Car Direct Access Garage
  • James L. Day Middle School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of October 2021

Cute & cozy end unit condo in the heart of Temecula. This is the LOWEST priced property in the area right now! This complex is centrally located to shopping, dining, entertainment, and freeway access. The condo features front courtyard, living room with fireplace, open kitchen, downstairs half bathroom. Upstairs you will find 2 bedrooms, 2 bathrooms and the laundry area. There is a 2 car attached garage with direct access to the unit. Rancho Del Mar has several amenities including a pool & spa, lighted tennis courts, gym, and LOW taxes!!

Last Agent to Sell the Property

Lisa Mendoza

Realty ONE Group Southwest License #01769753 Listed on: 09/29/2021

Realty ONE Group Southwest

Co-Listed By

Birdie Baida

Realty ONE Group Southwest License #00888944

Last Buyer's Agent

Stephen Moore

Fireside Realty License #01239550

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 0.9

HOA Fees

  • $325 Monthly HOA Fees

Parking

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

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23160
  • Assessor Parcel Number 921292048
  • $389 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

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

Property Details

Home Type

Condominium

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
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 921292048
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1155.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 350.65
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Range Hood
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Gym/Ex Room
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Del Mar
  • Phone: 9512965640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Suburban
  • Association Management: Equity Management

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 130
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 23160
  • TaxOtherAnnualAssessmentAmount: 389.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 6, 2021
Sold by
Beal Dave J and Beal Kelli L
Bought by
Veliskakis George
Seller's Agent
Lisa Mendoza
Realty ONE Group Southwest
Buyer's Agent
Stephen Moore
Fireside Realty
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Current Estimated Value
$441,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,392
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
May 28, 2008
Sold by
Sanchez Judith Lisa
Bought by
Beal Dave J and Beal Kelli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
Randall Marianne Celeste
Bought by
Sanchez Judith Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Collins Nancy E
Bought by
Randall Marianne Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.84%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Richardson Freddie M
Bought by
Collins Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1995
Sold by
Va
Bought by
Richardson Freddie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 1994
Sold by
Countrywide Title Corp
Bought by
Countrywide Funding Corp
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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Purchase History

Date Buyer Sale Price Title Company
Veliskakis George $405,000 Stewart Title Of Ca Inc
Beal Dave J $140,000 First American Title Company
Sanchez Judith Lisa $307,000 United Title Company
Randall Marianne Celeste $187,000 Stewart Title
Collins Nancy E $116,000 American Title
Richardson Freddie M $74,000 First American Title Ins Co
Countrywide Funding Corp $79,929 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beal Dave J $98,000
Previous Owner Sanchez Judith Lisa $245,600
Previous Owner Randall Marianne Celeste $149,600
Previous Owner Collins Nancy E $71,000
Previous Owner Richardson Freddie M $54,000
Closed Randall Marianne Celeste $28,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $405,000 +2.5% $351 / Sq Ft
10/05/2021 10/05/21 For Sale $395,000 -2.5% $342 / Sq Ft
10/04/2021 10/04/21 Off Market $405,000 -- --
10/01/2021 10/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $395,000 -- $342 / 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 $5,050 $429,788 $90,202 $339,586
2023 $5,050 $413,100 $86,700 $326,400
2022 $4,891 $405,000 $85,000 $320,000
2021 $2,312 $166,539 $59,476 $107,063
2020 $2,284 $164,833 $58,867 $105,966
2019 $2,262 $161,602 $57,713 $103,889
2018 $2,213 $158,434 $56,582 $101,852
2017 $2,171 $155,328 $55,473 $99,855
2016 $2,132 $152,284 $54,386 $97,898
2015 $2,092 $149,999 $53,570 $96,429
2014 $2,026 $147,063 $52,522 $94,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21215269

California Regional Multiple Listing Service (CRMLS)

APN: 921-292-048