NOT LISTED FOR SALE

31335 Paseo de Las Olas Temecula, CA 92592

Margarita Village-Temeku Hills Neighborhood

Estimated Value: $620,000 - $687,411

4 Beds
2 Baths
1,524 Sq Ft
$429/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $345,000 $226 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,871/month

11 Days on Market

Highlights

  • City Lights View
  • 20,909 Sq Ft lot
  • Covered Patio or Porch
  • Vintage Hills Elementary School Rated A-
  • Main Floor Bedroom
  • Cul-De-Sac

About This Home

As of February 2017

Great value on this four bedroom two bath home. This home is in need of some cosmetic improvement so is priced tens of thousands below recent sales on the street. End of cul-de-sac location with some views including of Temeku Hills golf course from the park-like back yard. Plenty of room for rv parking and a pool on this almost 1/2 acre lot at the gateway to Temecula wine country.

Last Agent to Sell the Property

Ethan Lema

2K Realty License #01216190 Listed on: 12/09/2016

Last Buyer's Agent

Anna Alkiezar

REALTY ONE GROUP WEST License #01200250

REALTY ONE GROUP WEST

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.48 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 024
  • Tax Tract Number 131
  • Assessor Parcel Number 954131024

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 954131024
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1524.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 226.38
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 40.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 20909.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 432.62
  • Tax Lot: 024
  • Tax Tract Number: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 5, 2017
Sold by
Grossman Robert
Bought by
Swanson Timothy and Swanson Myrna
Seller's Agent
Ethan Lema
2K Realty
Buyer's Agent
Anna Alkiezar
REALTY ONE GROUP WEST
List Price
$339,900
Sold Price
$345,000
Premium/Discount to List
$5,100
1.5%
Current Estimated Value
$653,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,103
Avg. Annual Appreciation
7.45%
Original Mortgage
$315,000
Outstanding Balance
$261,058
Interest Rate
4.32%
Mortgage Type
VA
Estimated Equity
$392,045

Purchase Details

Closed on
Aug 9, 1996
Sold by
Grossman Robert and Grossman Eilene
Bought by
Grossman Robert and Grossman Eilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Grossman Robert and Grossman Eilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1996
Sold by
Bucklew Kristina L
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Swanson Timothy $345,000 Western Resources Title Co
Grossman Robert -- Chicago Title Co
Grossman Robert $125,000 Chicago Title Co
Federal Home Loan Mortgage Corporation $120,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Timothy $315,000
Previous Owner Grossman Robert $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $345,000 +1.5% $226 / Sq Ft
12/29/2016 12/29/16 For Sale $339,900 0.0% $223 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $339,900 -- $223 / 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 $4,905 $400,396 $69,632 $330,764
2023 $4,905 $384,850 $66,929 $317,921
2022 $4,757 $377,305 $65,617 $311,688
2021 $4,659 $369,908 $64,331 $305,577
2020 $4,609 $366,116 $63,672 $302,444
2019 $4,543 $358,938 $62,424 $296,514
2018 $4,455 $351,900 $61,200 $290,700
2017 $2,561 $175,392 $49,102 $126,290
2016 $2,518 $171,954 $48,140 $123,814
2015 $2,474 $169,373 $47,418 $121,955
2014 $2,403 $166,057 $46,490 $119,567
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Ethan Lema

    2K Realty

    Section Image
  • Anna Alkiezar

    Buyer's Agent in 2017

    Anna Alkiezar

    REALTY ONE GROUP WEST

    (909) 326-6255

    13 Total Sales

    Anna Alkiezar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16761416

California Regional Multiple Listing Service (CRMLS)

APN: 954-131-024

California Riverside County Temecula 92592 Margarita Village-Temeku Hills

31335 Paseo de Las Olas, Temecula, CA

Not Listed for Sale

Detached

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