NOT LISTED FOR SALE

Estimated Value: $489,000 - $509,000

3 Beds
2.5 Baths
1,387 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $430,000 $310 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,233/month

25 Days on Market

Highlights

  • Secluded Lot
  • Community Pool
  • Laundry Room
  • Nicolas Valley Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2021

Montego Opportunity Townhome now available!!! Here is a chance to purchase a nicely appointed Townhome in the highly desirable, Montego gated community, featuring low taxes, Temecula school district, lush tropical landscaping, resort style pool with 2 spas and showers, and 2 tot lots. This rear corner unit features 3 bedrooms (all upstairs) and 2.5 bathrooms. The property is in excellent condition and pride of ownership is evident. Downstairs you will enjoy the living room area with a fireplace, spacious kitchen, laundry room, half bathroom, and back yard (great for entertaining). Designer touched include: Upgraded flooring down stairs living area and kitchen, kitchen counters and backsplash, tile flooring in kitchen, ceiling fans in each bedroom, window shades, upgraded carpet floors in bedrooms, fresh interior paint, and a spacious balcony off the master bedroom.

Last Agent to Sell the Property

Jose Marin

Marin Realty Group License #01753895 Listed on: 08/11/2021

Last Buyer's Agent

Randy Ennis

Rise Realty License #02019549

Rise Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 2002

Lot Details

  • 681 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 26693
  • Assessor Parcel Number 957444042
  • $11 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Montego Bay Association, Phone Number (760) 634-4700
  • Prescott Management HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,867

Year Built

Built in 2002

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 957444042
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1387.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 310.02
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Association Name: Montego Bay
  • Phone: 760-634-4700
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Prescott Management

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Secluded
  • Lot Size Sq Ft: 681.00
  • Lot Size Acres: 0.0156

Multi Family

  • Lease Considered: No
  • Lot Size Area: 681.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 43244
  • Tax Lot: 2
  • Tax Tract Number: 26693
  • TaxOtherAnnualAssessmentAmount: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 10, 2021
Sold by
Speer William C and Speer Morgan
Bought by
Flores James B and Flores Filomena P
Seller's Agent
Jose Marin
Marin Realty Group
Buyer's Agent
Randy Ennis
Rise Realty
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$501,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,714
Avg. Annual Appreciation
3.84%
Original Mortgage
$430,000
Outstanding Balance
$392,970
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$104,984

Purchase Details

Listed on
Jan 28, 2019
Closed on
Feb 26, 2019
Sold by
Christie Nazha D
Bought by
Speer William C and Speer Morgan
Seller's Agent
Amine Zahir
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$327,995
Sold Price
$317,000
Premium/Discount to List
-$10,995
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$316,665
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2012
Sold by
Christie James T and Christie Nazha
Bought by
Christie James T and Christie Nazha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Apr 14, 2008
Sold by
The Bank Of New York Trust Co Na
Bought by
Christie James T and Christie Nazha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Balangue Bill R and Balangue Naoko T
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Aug 19, 2004
Sold by
Swallow William L and Swallow Tracie
Bought by
Balangue Bill R and Balangue Naoko T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 4, 2004
Sold by
Palafox Javier and Palafox Javier T
Bought by
Swallow William L and Swallow Tracie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Barratt American Inc
Bought by
Palafox Javier and Palafox Javier T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,757
Interest Rate
6.89%
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
Flores James B $430,000 Stewart Title Of Ca Inc
Speer William C $317,000 Chicago Title Company
Christie James T -- Advantage Title Inc
Christie James T $185,000 First American Title Ins Co
The Bank Of New York Trust Co Na $289,094 None Available
Balangue Bill R $330,000 First American Title Co
Swallow William L $291,000 Fidelity National Title Co
Palafox Javier $174,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores James B $430,000
Previous Owner Speer William C $0
Previous Owner Speer William C $316,665
Previous Owner Christie James T $114,300
Previous Owner Christie James T $115,000
Previous Owner Balangue Bill R $264,000
Previous Owner Swallow William L $232,800
Previous Owner Palafox Javier $168,757
Closed Swallow William L $58,200
Closed Balangue Bill R $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $430,000 0.0% $310 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
09/03/2021 09/03/21 Price Changed $430,000 0.0% $310 / Sq Ft
09/03/2021 09/03/21 For Sale $430,000 0.0% $310 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/16/2021 08/16/21 Off Market $430,000 -- --
08/11/2021 08/11/21 For Sale $410,000 +29.3% $296 / Sq Ft
03/15/2019 03/15/19 Sold $317,000 -3.4% $229 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $327,995 -- $236 / 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 $2,867 $456,318 $63,672 $392,646
2023 $2,867 $438,600 $61,200 $377,400
2022 $2,925 $430,000 $60,000 $370,000
2021 $3,410 $326,689 $61,834 $264,855
2020 $3,376 $323,340 $61,200 $262,140
2019 $1,760 $217,821 $58,865 $158,956
2018 $870 $213,551 $57,712 $155,839
2017 $868 $209,365 $56,581 $152,784
2016 $859 $205,261 $55,472 $149,789
2015 $836 $202,180 $54,640 $147,540
2014 $789 $197,000 $53,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21177313

California Regional Multiple Listing Service (CRMLS)

APN: 957-444-042