NOT LISTED FOR SALE

Estimated Value: $489,000 - $515,000

3 Beds
2.5 Baths
1,387 Sq Ft
$300/mo HOA Fee

Last Sold March 01, 2023

Last sale price $495,000 $357 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,211/month

41 Days on Market

Highlights

  • Spa
  • No Units Above
  • Gated Community
  • Nicolas Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • City Lights View

About This Home

As of March 2023

PRICE IMPROVEMENT! Welcome to Montego Bay, a gated resort style condominium community! This wonderful condo is centrally located with easy access to shopping, freeways and schools (Temecula School District). This beautifully remodeled, super clean home is move in ready featuring new flooring throughout, fresh paint, updated kitchen with new appliances, a cozy, stamped concrete patio area, 3 bedrooms and 2 1/2 baths with the primary suite having a spacious walk-in closet. Laundry is inside the unit and there's a large, 2 car garage with direct access giving you plenty of storage room. The entry to this end unit is very private and quiet. Montego Bay is a small, inviting development with a tropical feel. Enjoy the swimming pool with spas, BBQ/picnic area and tot lot. Seller willing to carry a 2nd mortgage so buyer can get an 80% first and avoid PMI! Call listing agent for details.

Last Agent to Sell the Property

Jeff Bast

KW Temecula License #01291224 Listed on: 01/02/2023

KW Temecula

Co-Listed By

Stephanie Bast

KW Temecula License #01878816

Last Buyer's Agent

Deven Ortiz

Real Broker License #02058218

Real Broker

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Closet In Bathroom

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 26693
  • Assessor Parcel Number 957443002
  • $11 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Montego Bay Association, Phone Number (951) 111-1111

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 957443002
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1387.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Stone Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 356.89
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Closet In Bathroom
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • 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, Picnic Area
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Montego Bay
  • Phone: 951-111-1111
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Street Lights, Suburban
  • Association Management: Montego Bay

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 720.00
  • Lot Size Acres: 0.0165

Multi Family

  • Lease Considered: No
  • Lot Size Area: 720.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.98
  • Tax Lot: 11
  • Tax Tract Number: 26693
  • TaxOtherAnnualAssessmentAmount: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 17, 2023
Sold by
Khoury Jerry & Jane Trust
Bought by
Santibanez Salvador
Seller's Agent
Jeff Bast
KW Temecula
Buyer's Agent
Deven Ortiz
Real Broker
List Price
$494,900
Sold Price
$495,000
Premium/Discount to List
$100
0.02%
Views
158
Current Estimated Value
$501,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,464
Avg. Annual Appreciation
0.68%
Original Mortgage
$495,000
Outstanding Balance
$478,957
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$25,762

Purchase Details

Closed on
Jan 26, 2017
Sold by
Khoury Jerry B and Waddick Jane
Bought by
Khoury Jerry B and Waddick Jane

Purchase Details

Closed on
Sep 29, 2010
Sold by
Fannie Mae
Bought by
Khoury Jerry and Waddick Jane

Purchase Details

Closed on
May 21, 2010
Sold by
Granados Liborio
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2007
Sold by
Granados Yolanda
Bought by
Granados Liborio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2007
Sold by
Vicari Peter and Vicari Vittoria
Bought by
Granados Liborio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2006
Sold by
Buettner Amanda K
Bought by
Buettner William

Purchase Details

Closed on
Dec 14, 2004
Sold by
Jackson Talmadge Delmas and Jackson Deltra
Bought by
Vicari Peter and Vicari Vittoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
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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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
Santibanez Salvador $495,000 --
Khoury Jerry B -- None Available
Khoury Jerry $130,000 Old Republic Title Company
Fannie Mae $272,282 None Available
Granados Liborio -- First American Title Company
Granados Liborio $309,500 First American Title Company
Buettner William -- First American Title
Vicari Peter $305,000 Itc Sb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santibanez Salvador $495,000
Previous Owner Granados Liborio $247,600
Previous Owner Vicari Peter $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $495,000 +1.0% $357 / Sq Ft
02/09/2023 02/09/23 Price Changed $489,900 -1.0% $353 / Sq Ft
01/02/2023 01/02/23 For Sale $494,900 -- $357 / 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 $3,459 $514,998 $62,424 $452,574
2023 $3,459 $160,073 $49,249 $110,824
2022 $1,644 $156,935 $48,284 $108,651
2021 $1,612 $153,859 $47,338 $106,521
2020 $1,596 $152,282 $46,853 $105,429
2019 $1,613 $149,297 $45,935 $103,362
2018 $1,577 $146,371 $45,036 $101,335
2017 $1,550 $143,502 $44,153 $99,349
2016 $1,519 $140,689 $43,288 $97,401
2015 $1,492 $138,578 $42,639 $95,939
2014 $1,448 $135,864 $41,804 $94,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23000338

California Regional Multiple Listing Service (CRMLS)

APN: 957-443-002