NOT LISTED FOR SALE

35285 Lake Summit Dr Temecula, CA 92592

Estimated Value: $947,000 - $1,242,000

2 Beds
2.5 Baths
2,257 Sq Ft
$509/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $1,065,100 $472 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,023/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Lake View
  • Cathedral Ceiling
  • Crowne Hill Elementary School Rated A-
  • 20.37 Acre Lot
  • Wood Flooring

About This Home

As of January 2022

Peaceful remote living at its best. On this 20 acre piece of paradise, enjoy majestic, top of the world views. This beautiful home is located in the gated private community of Lake Skinner View Estates. The home offers gorgeous views of Lake Skinner, mountains, hills, beautiful skies and stars at night. This intriguing 2 master suites, split floor plan home additionally has a spiral staircase to a view tower with a knockout 360° view. Entering this home you are greeted with high wood beam ceilings, a grand brick fireplace and a wall of windows with a fantastic view. The kitchen features granite counters, farmhouse sink, top of the line appliances, quiet-close drawers and cabinets, sub-zero refrigerator, Bosch stainless steel appliances and induction cooktop. The kitchen also offers a commanding view of the lake and mountains and is open to the family room. The family room has tri-fold glass patio doors that can make for the perfect indoor/outdoor experience when entertaining. This estate has many possibilities for expansion. At the top of the driveway there is a smaller pad with breathtaking views. Located approximately 10 minutes from wine country (All fully paved roads).

Last Agent to Sell the Property

Janice Lovendahl

eXp Realty of California, Inc. License #01080147 Listed on: 12/09/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Yvonne Tapia

Reliable Realty Inc. License #01393940

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 20.37 Acre Lot
  • Density is 16-20 Units/Acre
  • Property is zoned R-R

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Woods
  • Hills

Interior Spaces

  • 2,257 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Sliding Doors
  • Panel Doors
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 470450001
  • $168 per year additional tax assessments

Community Details

Overview

  • Lake Skinner Estates Prop Owner Assoc Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 470450001
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2257.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 471.91
  • Room Type: All Bedrooms Down, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters, Self-Closing Drawers

Exterior Features

  • View: Hills, Lake, Trees/Woods
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Electric Cooktop, Disposal, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Association Name: Lake Skinner Estates Prop Owner Assoc
  • Phone: 5555555
  • Senior Community: No
  • Community Features: Hiking
  • Association Management: Self managed

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 887317.00
  • Lot Size Acres: 20.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 887317.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.39
  • Tax Lot: 6
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 168.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 5, 2022
Sold by
James M Kellogg Trust
Bought by
Bhalla Anurag and Bhalla Shuchi
Seller's Agent
Janice Lovendahl
eXp Realty of California, Inc.
Buyer's Agent
Yvonne Tapia
Reliable Realty Inc.
List Price
$898,990
Sold Price
$1,065,100
Premium/Discount to List
$166,110
18.48%
Current Estimated Value
$1,149,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,187
Avg. Annual Appreciation
1.95%
Original Mortgage
$852,080
Outstanding Balance
$786,422
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$362,865

Purchase Details

Closed on
Oct 5, 2020
Sold by
Kellogg James M
Bought by
Kellogg James M

Purchase Details

Closed on
Sep 3, 2003
Sold by
Kellogg James and Kellogg Colleen
Bought by
Kellogg James M and Kellogg Colleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1998
Sold by
Zimmermann P J
Bought by
Kellogg James M and Kellogg Colleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 1998
Sold by
Rutherford Beverly M
Bought by
Kellogg James M and Kellogg Colleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Bhalla Anurag $1,065,500 First American Title
Kellogg James M -- None Available
Kellogg James M -- --
Kellogg James -- Fidelity National Title
Kellogg James M $232,000 Stewart Title
Kellogg James M -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhalla Anurag $852,080
Previous Owner Kellogg James $250,000
Previous Owner Kellogg James M $23,200
Previous Owner Kellogg James M $185,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $1,065,100 0.0% $472 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/27/2021 12/27/21 Off Market $1,065,100 -- --
12/09/2021 12/09/21 For Sale $898,990 -- $398 / 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 $11,569 $1,130,292 $79,590 $1,050,702
2023 $11,569 $1,086,402 $76,500 $1,009,902
2022 $10,888 $342,707 $110,784 $231,923
2021 $3,591 $335,988 $108,612 $227,376
2020 $3,555 $332,544 $107,499 $225,045
2019 $3,505 $326,025 $105,392 $220,633
2018 $3,442 $319,633 $103,326 $216,307
2017 $3,383 $313,366 $101,300 $212,066
2016 $3,315 $307,222 $99,314 $207,908
2015 $3,256 $302,609 $97,823 $204,786
2014 $3,162 $296,683 $95,907 $200,776
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Janice Lovendahl

    eXp Realty of California, Inc.

    Section Image
  • Yvonne Tapia

    Buyer's Agent in 2022

    Yvonne Tapia

    Reliable Realty Inc.

    (760) 917-1510

    31 Total Sales

    Yvonne Tapia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21262465

California Regional Multiple Listing Service (CRMLS)

APN: 470-450-001

California Riverside County Temecula 92592

35285 Lake Summit Dr, Temecula, CA

Not Listed for Sale

Detached

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