NOT LISTED FOR SALE

29711 Bonanza Place Canyon Lake, CA 92587

Estimated Value: $696,000 - $815,000

3 Beds
2 Baths
1,624 Sq Ft
$468/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $700,000 $431 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,971/month

4 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Solar Power System
  • Community Stables
  • Fishing
  • Lake View

About This Home

As of September 2021

STUNNING Single Story Canyon Lake Home with Custom Features Galore!! This home is truly special and has designer touches and updates throughout. Curb appeal is a 10/10 with updates which include a lovely Santa Barbara Stucco finish, new cedar front door, exterior accents & shutters and features a gorgeous Stone Waterfall! Inside this turn-key home you will love the open concept floor plan with hardwood floors throughout. There is a spacious living room/dining room which flows into the kitchen providing the perfect house for entertaining. Bathrooms feature custom tile including hand painted Italian tiles in master bath. The kitchen has been updated with white cabinetry, white washed brick walls, wood accented ceiling, a custom vent hood and a darling coffee nook. As you step outside into the California Room, it will lead to an expansive custom deck with a lake view. You will be delighted with the additional outdoor living space you have to host family and friends along with ceiling fans and mechanical awnings to keep you cool while doing so! All of this within the gated community of Canyon Lake which offers a lifestyle filled with amenities that include boating, fishing, water skiing, wake boarding, 20+ parks and beaches throughout the community, golf, sports courts including volleyball, pickle ball, tennis, basketball, a community pool, baseball diamonds, a private campground, and a 10 acre equestrian center. Contact agent for community access.

Last Agent to Sell the Property

Kristina Allen

Exit Alliance Realty License #02011874 Listed on: 07/29/2021

Last Buyer's Agent

Lori Robinson

Coldwell Banker Assoc.Brks-CL License #01892606

Coldwell Banker Assoc.Brks-CL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,290

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Golf Cart Garage

Home Design

  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Brick Wall or Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Wood Flooring
  • Lake Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 3720
  • Assessor Parcel Number 353201021

Community Details

Overview

  • Canyon Lake Poa, Phone Number (951) 244-6841
  • Maintained Community
  • Community Lake
  • Near a National Forest
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Ping Pong Table
  • Community Playground
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,290

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$303 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Samsung Refrigerator, Washer, Dryer, Outdoor Garden Shed, Vintage Kitchen Island (optional), Microwave
  • Other Phone Description: 951-249-4893
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 353201021
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1624.00 Square Feet
  • Interior Amenities: Brick Walls, Crown Molding, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 431.03
  • Room Type: All Bedrooms Down, Entry, Foyer, Great Room, Kitchen, Laundry, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Lake
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, Golf Cart Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Golf Course, Tennis Court(s), Paddle Tennis, Sport Court, Biking Trails, Hiking Trails, Horse Trails, Clubhouse, Banquet Facilities, Meeting Room, Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 303.00
  • Association Fee Frequency: Monthly
  • Association Name: Canyon Lake POA
  • Phone: 951-244-6841
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Blm/National Forest, Curbs, Fishing, Foothills, Golf, Hiking, Gutters, Lake, Park, Watersports, Stable(s), Sidewalks
  • Association Management: Canyon Lake POA

Schools

  • School District: Lake Elsinore Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.68933500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 427.16
  • Tax Lot: 53
  • Tax Tract Number: 3720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 11, 2021
Sold by
Bailey Douglas C and Bailey Lura
Bought by
Wielt Jeffrey Alvin and Wielt Catherine Bergren
Seller's Agent
Kristina Allen
Exit Alliance Realty
Buyer's Agent
Lori Robinson
Coldwell Banker Assoc.Brks-CL
List Price
$599,999
Sold Price
$700,000
Premium/Discount to List
$100,001
16.67%
Current Estimated Value
$760,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,621
Avg. Annual Appreciation
2.74%
Original Mortgage
$245,000
Outstanding Balance
$223,417
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$555,363

Purchase Details

Closed on
Feb 9, 2021
Sold by
Bailey Douglas C and Bailey Lura
Bought by
Bailey Douglas C and Bailey Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2021
Sold by
Bailey Douglas C and Bailey Lura
Bought by
Bailey Douglas C and Bailey Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Bailey Douglas and Bailey Lura
Bought by
Bailey Douglas C and Bailey Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 10, 2017
Sold by
Bailey Douglas and Bailey Lura
Bought by
Bailey Douglas C and Bailey Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 13, 2016
Sold by
Bailey Douglas C and Bailey Lura H
Bought by
Bailey Douglas C and Bailey Lura

Purchase Details

Closed on
Aug 25, 2012
Sold by
Nelson Laura N and Roane Linda C
Bought by
Bailey Douglas C and Bailey Lora H

Purchase Details

Closed on
Sep 12, 2011
Sold by
Nelson Craig M
Bought by
Nelson Laura and Bailey Lura

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jones Helen L
Bought by
Jones Helen L
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
Wielt Jeffrey Alvin $700,000 Fidelity National Title Co
Bailey Douglas C -- Accommodation
Bailey Douglas C -- Fidelity National Title
Bailey Douglas C -- Lawyers Title
Bailey Douglas -- Lawyers Title
Bailey Douglas C -- Lawyers Title
Bailey Douglas C -- Lawyers Title
Bailey Douglas C -- None Available
Bailey Douglas C -- None Available
Bailey Douglas C $183,000 None Available
Nelson Laura -- None Available
Jones Helen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wielt Jeffrey Alvin $245,000
Previous Owner Bailey Douglas C $182,000
Previous Owner Bailey Douglas C $517,500
Previous Owner Jones Hele L $75,000
Previous Owner Jones Helen Kimler $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $700,000 0.0% $431 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/02/2021 08/02/21 Off Market $700,000 -- --
07/29/2021 07/29/21 For Sale $599,999 -- $369 / 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 $6,290 $541,940 $162,582 $379,358
2023 $6,290 $520,898 $156,270 $364,628
2022 $7,905 $700,000 $210,002 $489,998
2021 $2,758 $212,513 $43,132 $169,381
2020 $2,728 $210,335 $42,690 $167,645
2019 $2,421 $206,211 $41,853 $164,358
2018 $2,367 $202,169 $41,034 $161,135
2017 $2,309 $198,206 $40,230 $157,976
2016 $2,209 $194,321 $39,442 $154,879
2015 $2,188 $191,403 $38,850 $152,553
2014 $2,157 $187,655 $38,090 $149,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21158544

California Regional Multiple Listing Service (CRMLS)

APN: 353-201-021