NOT LISTED FOR SALE

31395 Corte Mallorca Temecula, CA 92592

Margarita Village-Temeku Hills Neighborhood

Estimated Value: $745,000 - $819,912

3 Beds
2.5 Baths
2,224 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $454,000 $204 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,753/month

11 Days on Market

Highlights

  • 17,424 Sq Ft lot
  • Cape Cod Architecture
  • Neighborhood Views
  • Vintage Hills Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 2 Car Direct Access Garage

About This Home

As of April 2017

This is a very special home - located at the end of a cul-de-sac, with a huge lot, fantastic views, low taxes, low HOA dues, and many upgrades! The kitchen is open to the family room - and has been lovingly remodeled with new stainless appliances, tile flooring, and more. Also downstairs is an office, formal living room, formal dining room and powder room and large laundry room with sink. Upstairs the spacious bedrooms have high ceilings, cedar lined closet in master, custom window treatments, remodeled bathrooms, and great views from every room! The landscaping is beautiful, adding to the ambiance of this wonderful home.

Last Agent to Sell the Property

Nancy Hughes

First Team Real Estate License #00859916 Listed on: 01/27/2017

First Team Real Estate

Last Buyer's Agent

Patrick Kelly

NON-MEMBER/NBA or BTERM OFFICE License #01819269

NON-MEMBER/NBA or BTERM OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in good condition
  • Landscaped
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Outdoor Features

  • Slab Porch or Patio
  • Shed

Utilities

  • Central Heating and Cooling System

Community Details

  • Villa Avanti C/O Avalon Association, Phone Number (951) 699-2918

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 21675
  • Assessor Parcel Number 954111025

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Cape Cod, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 954111025
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2224.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 204.14
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Patio, Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • 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: Dues Paid Monthly
  • Association Fee: 38.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Avanti C/O Avalon
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 17424.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.62
  • Tax Lot: 15
  • Tax Tract Number: 21675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Lock James M and Lock Lisa R
Bought by
Lock James M & Lisa R Lock Revocable Trust and Lock
Current Estimated Value
$796,478

Purchase Details

Closed on
Dec 26, 2020
Sold by
Lock James M and Lock Lisa R
Bought by
Lock James M and Lock Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 18, 2017
Sold by
Lock James M and Lock Lisa R
Bought by
Lock James M and Lock Lisa R
Seller's Agent
Nancy Hughes
First Team Real Estate
Buyer's Agent
Patrick Kelly
NON-MEMBER/NBA or BTERM OFFICE
List Price
$449,000
Sold Price
$454,000
Premium/Discount to List
$5,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Myren Donald C and Myren Lorrie J
Bought by
Lock James M and Lock Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1999
Sold by
Graeber Peter P and Graeber Nora
Bought by
Myren Dc Donald C and Myren Lorrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,100
Interest Rate
6.78%

Purchase Details

Closed on
Jul 9, 1997
Sold by
Graeber Peter P and Graeber Nora
Bought by
Graeber Peter P and Graeber Nora J
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
Lock James M & Lisa R Lock Revocable Trust -- None Listed On Document
Lock James M -- Amrock Inc
Lock James M -- Amrock Inc
Lock James M -- None Available
Lock James M $454,000 Stewart Title
Myren Dc Donald C $196,000 First American Title Co
Graeber Peter P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lock James M $351,000
Previous Owner Lock James M $363,200
Previous Owner Myren Dc Donald C $186,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $454,000 +1.1% $204 / Sq Ft
01/27/2017 01/27/17 For Sale $449,000 -- $202 / 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 $6,642 $572,301 $69,632 $502,669
2023 $6,642 $550,079 $66,929 $483,150
2022 $6,445 $539,294 $65,617 $473,677
2021 $6,315 $528,721 $64,331 $464,390
2020 $6,248 $523,301 $63,672 $459,629
2019 $6,158 $513,041 $62,424 $450,617
2018 $5,622 $463,080 $61,200 $401,880
2017 $3,501 $264,600 $74,282 $190,318
2016 $3,437 $259,413 $72,826 $186,587
2015 $3,377 $255,518 $71,733 $183,785
2014 $3,277 $250,515 $70,329 $180,186
Source: Public Records

Agents Affiliated with this Home

  • Nancy Hughes

    Seller's Agent in 2017

    Nancy Hughes

    First Team Real Estate

    (951) 704-4644

    4 in this area

    72 Total Sales

    Nancy Hughes
    Section Image

  • P

    Buyer's Agent in 2017

    Patrick Kelly

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17017920

California Regional Multiple Listing Service (CRMLS)

APN: 954-111-025

California Riverside County Temecula 92592 Margarita Village-Temeku Hills

31395 Corte Mallorca, Temecula, CA

Not Listed for Sale

Detached

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