NOT LISTED FOR SALE

31554 Paseo de Las Olas Temecula, CA 92592

Margarita Village-Temeku Hills Neighborhood

Estimated Value: $576,000 - $622,000

2 Beds
2 Baths
1,197 Sq Ft
$498/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $490,000 $409 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,687/month

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • 2 Car Attached Garage
  • Vintage Hills Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Laundry Room

About This Home

As of July 2021

This home is located at 31554 Paseo de Las Olas, Temecula, CA 92592 since 09 June 2021 and is currently estimated at $596,504, approximately $498 per square foot. This property was built in 1988. 31554 Paseo de Las Olas is a home located in Riverside County with nearby schools including Vintage Hills Elementary School, Temecula Middle School, and Temecula Valley High School.

Last Agent to Sell the Property

Delband Momeni

Realty One Group West License #01949090 Listed on: 06/09/2021

Realty One Group West

Last Buyer's Agent

David Bowers

StockUp Realty License #01966164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,305

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,197 Sq Ft Home
  • Family Room
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Villa Avanti Association, Phone Number (951) 699-2918
  • Avalon HOA

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 216
  • Assessor Parcel Number 954200004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,305

Year Built

Built in 1988

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 954200004
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1197.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 409.36
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: Trees/Woods
  • 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: In Garage
  • 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
  • Association Name: Villa Avanti
  • Phone: (951) 699-2918
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Avalon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 216...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 11, 2021
Sold by
Bowers David M and Bowers Dara D
Bought by
Bowers David M and Bowers Dara D
Seller's Agent
Delband Momeni
Realty One Group West
Buyer's Agent
David Bowers
StockUp Realty
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Current Estimated Value
$596,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,504
Avg. Annual Appreciation
4.67%

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 9, 2021
Sold by
Voltaire Angelique
Bought by
Bowers David M and Bowers Dara D
Seller's Agent
Delband Momeni
Realty One Group West
Buyer's Agent
David Bowers
StockUp Realty
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$354,907
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$241,597

Purchase Details

Closed on
Aug 16, 2001
Sold by
Siddall Douglas D and Siddall Ada Marie
Bought by
Voltaire Angelique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Bowers David M -- None Available
Bowers David M $490,000 First Amer Ttl Co Res Div
Voltaire Angelique $178,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers David M $392,000
Previous Owner Voltaire Angelique $142,300
Closed Voltaire Angelique $35,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $490,000 +8.9% $409 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $450,000 -- $376 / 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 $6,305 $519,991 $159,181 $360,810
2023 $6,305 $499,800 $153,000 $346,800
2022 $6,112 $490,000 $150,000 $340,000
2021 $3,367 $242,910 $75,050 $167,860
2020 $3,330 $240,420 $74,281 $166,139
2019 $3,283 $235,707 $72,825 $162,882
2018 $3,218 $231,087 $71,398 $159,689
2017 $3,162 $226,557 $69,999 $156,558
2016 $3,106 $222,116 $68,627 $153,489
2015 $3,053 $218,783 $67,598 $151,185
2014 $2,964 $214,499 $66,275 $148,224
Source: Public Records

Agents Affiliated with this Home

  • Delband Momeni

    Seller's Agent in 2021

    Delband Momeni

    Realty One Group West

    (949) 209-9004

    1 in this area

    44 Total Sales

    Delband Momeni
    Section Image
  • David Bowers

    Buyer's Agent in 2021

    David Bowers

    StockUp Realty

    (951) 365-7983

    1 in this area

    45 Total Sales

    David Bowers
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21124632

California Regional Multiple Listing Service (CRMLS)

APN: 954-200-004

California Riverside County Temecula 92592 Margarita Village-Temeku Hills

31554 Paseo de Las Olas, Temecula, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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