NOT LISTED FOR SALE

Estimated Value: $769,000 - $878,150

4 Beds
2.5 Baths
2,028 Sq Ft
$402/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $517,000 $255 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,098/month

155 Days on Market

Highlights

  • Boat Dock
  • Access To Lake
  • 17,860 Sq Ft lot
  • Margarita Middle School Rated A-
  • Lake View
  • Lake Privileges

About This Home

As of May 2018

Temecula treasure located on cul-de-sac in serene Lake Village. This 4 bedroom home is on the largest lot in the community at almost 1/2 an acre on the lake with lush grounds! Enjoy spectacular views of the lake and mature trees that make this area feel like home! Original owners have taken great pride in this unique piece of property. An updated kitchen features granite counters including a breakfast bar overlooking the lake. Other kitchen amenities include spacious walk-in pantry, tile flooring, trash compactor, white cabinets and built-in shelves. There is also a formal living/dining area as well as a lovely views. Downstairs laundry room is right off attached garage. Extra tile on premises to match updated areas. Roof replaced in 2004 and newer AC/Heater unit. The backyard is a dream with grass, a huge rose garden, lake and playground access, spacious patio and enough room for the largest of pools or anything your heart desires! Updated vinyl fencing plus wood-rail fencing allowing in the phenomenal views. Lake Village is a beautiful community that includes a swimming pool, sports courts, BBQ's, picnic areas, deck and dock areas for fishing blue gill, bass and catfish, plus play areas (1 play area sits directly behind home has direct access) and lake rights including rights to sail, row, paddle boats and boats w/electric motor. Conveniently located near great restaurants and shopping and a short drive to both Pechanga Resort & Casino and the 15-Freeway. Excellent schools.

Last Agent to Sell the Property

Val Ives

LPT Realty, Inc License #01370557 Listed on: 10/18/2017

LPT Realty, Inc

Last Buyer's Agent

John Malkowski

Coldwell Banker Realty License #01872154

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,453

Year Built

  • Built in 1974

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Vinyl Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Lawn
  • Garden
  • Back and Front Yard

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Lake
  • Woods
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property
  • Tinted Windows
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Corian Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Access To Lake
  • Lake Privileges
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near a park

Schools

  • Temecula Valley High School

Additional Features

  • More Than Two Accessible Exits
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 144
  • Tax Tract Number 3833
  • Assessor Parcel Number 944140022

Community Details

Overview

  • Lake Village Association, Phone Number (951) 492-6866
  • Keystone Pacific Association

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities

Recreation

  • Boat Dock
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,453

Year Built

Built in 1974

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 944140022
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2028.00 Square Feet
  • Interior Amenities: Granite Counters, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 254.93
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Walk-In Pantry
  • Window Features: Screens, Tinted Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Corian Counters, Exhaust Fan(s), Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Lake, Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Trash Compactor
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Keystone Pacific
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Dock, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities
  • Association Fee: 90.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Village
  • Phone: 951-492-6866
  • Association Phone #2: 951-41-6865
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Temecula Unified
  • High School: Temecula Valley
  • High School: Temecula Valley
  • High School2: TEMVAL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 17860.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Lake, Lake Privileges

Tax Info

  • Tax Census Tract: 432.22
  • Tax Lot: 144
  • Tax Tract Number: 3833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Apr 9, 2018
Sold by
Richardson Lecius P and Richardson Rubie Mae
Bought by
Cavanagh Matthew and Cavanagh Charlotte
Seller's Agent
Val Ives
LPT Realty, Inc
Buyer's Agent
John Malkowski
Coldwell Banker Realty
List Price
$549,900
Sold Price
$517,000
Premium/Discount to List
-$32,900
-5.98%
Current Estimated Value
$801,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,261
Avg. Annual Appreciation
6.43%
Original Mortgage
$453,100
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Richardson Lecius P
Bought by
Richardson Lecius P and Richardson Rubie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 10, 2003
Sold by
Richardson Lecius P
Bought by
Richardson Lecius P and Richardson Rubie Mae

Purchase Details

Closed on
Nov 1, 1996
Sold by
Richardson Lecius P and Richardson Rubie M
Bought by
Richardson Lecius P and Richardson Rubie Mae

Purchase Details

Closed on
Jul 26, 1994
Sold by
Levenson Irene M
Bought by
Richardson Lecius P and Richardson Rubie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,379
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cavanagh Matthew $517,000 Orange Coast Title Company
Richardson Lecius P -- Security Union Title Ins Co
Richardson Lecius P -- Security Union Title Ins Co
Richardson Lecius P -- Diversified Title & Escrow
Richardson Lecius P -- --
Richardson Lecius P $400,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanagh Matthew $520,000
Closed Cavanagh Matthew $450,000
Closed Cavanagh Matthew $453,100
Previous Owner Richardson Lecius P $400,000
Previous Owner Richardson Lecius P $454,500
Previous Owner Richardson Lecius P $741,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $517,000 -6.0% $255 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $549,900 -- $271 / 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 $7,453 $643,022 $170,671 $472,351
2023 $7,453 $618,055 $164,045 $454,010
2022 $7,224 $605,937 $160,829 $445,108
2021 $6,548 $543,457 $157,676 $385,781
2020 $6,476 $537,886 $156,060 $381,826
2019 $6,379 $527,340 $153,000 $374,340
2018 $1,398 $97,587 $22,892 $74,695
2017 $1,369 $95,675 $22,444 $73,231
2016 $1,344 $93,800 $22,004 $71,796
2015 $1,317 $92,392 $21,674 $70,718
2014 $1,271 $90,584 $21,250 $69,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17237002

California Regional Multiple Listing Service (CRMLS)

APN: 944-140-022