NOT LISTED FOR SALE

Estimated Value: $417,132 - $425,000

2 Beds
2.5 Baths
1,016 Sq Ft
$230/mo HOA Fee

Last Sold January 15, 2013

Last sale price $120,000 $118 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,644/month

35 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Eat-In Kitchen
  • Nicolas Valley Elementary School Rated A-
  • 1 Car Attached Garage
  • Concrete Porch or Patio

About This Home

As of January 2013

HUD Owned - Nice Montego Bay 2 bedroom condo, gated community. This property features a fireplace in the living room, dining area off kitchen, tiled counters in kitchen, laundry closet, 1st floor powder room for guests, 2 bedrooms each with their own bathroom attached, attached 1-car garage, and a private patio space. Sold As Is with no warranty expressed or implied. See agent remarks.

Last Agent to Sell the Property

Allison James Es Team

Allison James Estates & Homes License #01258312 Listed on: 09/04/2012

Co-Listed By

Cory Beeson

The Beeson Group License #01126674

Last Buyer's Agent

Katrina Parris

Katrina Parris, Broker License #01474668

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 2003

Lot Details

  • 479

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 1,016 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Additional Features

  • Concrete Porch or Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 26693
  • Assessor Parcel Number 957441010

Community Details

Overview

  • 6 Units

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,429

Year Built

Built in 2003

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 957441010
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1016.00
  • Interior Amenities: Ceramic Counters
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 118.11
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Temecula Unified

Lot Info

  • Lot Size Sq Ft: 476.00
  • Lot Size Acres: 0.0110

Multi Family

  • Lease Considered: No
  • Lot Size Area: 476.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 26693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 7, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Tice Kori
Seller's Agent
Allison James Es Team
Allison James Estates & Homes
Buyer's Agent
Katrina Parris
Katrina Parris, Broker
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$421,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,283
Avg. Annual Appreciation
9.87%
Original Mortgage
$117,346
Outstanding Balance
$81,787
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$311,907

Purchase Details

Closed on
Jul 20, 2012
Sold by
Evans James T and Evans Rosenda T
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Jun 19, 2012
Sold by
Pnc Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 14, 2003
Sold by
Barratt American Inc
Bought by
Evans James T and Evans Rosenda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,350
Interest Rate
5.61%
Mortgage Type
FHA
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
Tice Kori $120,000 Fidelity National Title Co
Pnc Bank National Association $194,890 Accommodation
The Secretary Of Housing & Urban Develop -- None Available
Evans James T $206,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tice Kori $117,346
Previous Owner Evans James T $198,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2013 01/15/13 Sold $120,000 +4.3% $118 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $115,000 -4.2% $113 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/14/2012 09/14/12 Off Market $120,000 -- --
09/04/2012 09/04/12 For Sale $115,000 -- $113 / 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 $1,429 $147,758 $49,250 $98,508
2023 $1,429 $142,023 $47,339 $94,684
2022 $1,387 $139,239 $46,411 $92,828
2021 $1,359 $136,509 $45,501 $91,008
2020 $1,344 $135,110 $45,035 $90,075
2019 $1,363 $132,461 $44,152 $88,309
2018 $1,331 $129,865 $43,287 $86,578
2017 $1,307 $127,320 $42,439 $84,881
2016 $1,279 $124,824 $41,607 $83,217
2015 $1,256 $122,951 $40,983 $81,968
2014 $1,218 $120,544 $40,181 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12110860

California Regional Multiple Listing Service (CRMLS)

APN: 957-441-010