NOT LISTED FOR SALE

37200 Glenoaks Rd Temecula, CA 92592

Estimated Value: $1,568,000 - $1,821,000

6 Beds
5 Baths
3,550 Sq Ft
$477/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $1,300,000 $366 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,071/month

39 Days on Market

Highlights

  • Property is Fully Fenced
  • Crowne Hill Elementary School Rated A-
  • 1-Story Property

About This Home

As of January 2021

Incredible once in a lifetime property right in the middle of the Temecula Wine Country. This gorgeous 3 unit estate with a 1 bedroom, 2 bedroom, & 3 bedroom house with full kitchens in each is located on 2.7 acres. Surrounding a gorgeous pool & spa, these 3 units are powered by 60 fully paid off solar panels. They have been fully booked Air BnB properties with a gross monthly income of $18,000. There is extra lot space for an RV or Airstream for additional potential income and 2 RV Garages for parking.

Last Agent to Sell the Property

Nicholas Yates

Real Broker License #02055451 Listed on: 09/30/2020

Real Broker

Co-Listed By

Zandra Ulloa

Team Z Realty License #01849548

Last Buyer's Agent

Nicholas Yates

Real Broker License #02055451 Listed on: 09/30/2020

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 2.69 Acre Lot
  • Property is Fully Fenced

Parking

  • Automatic Gate

Home Design

  • Clay Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 924-290-021

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

2.69 Acres

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Bella Vista Rd
  • Neighborhood: Glenoaks Hills
  • Stories: 1 Story
  • Sale Price List Price: 0.93
  • Total Stories: 1
  • Year Built: 1995
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Utilities

  • Cooling: Wall/Window
  • Security: Automatic Gate

Condo/Co-op/Association

  • Community: TEMECULA

Lot Info

  • Lot Size: 2+ to 4 AC
  • Assessor Parcel Number: 924-290-021
  • Estimated Lot Sq Ft: 117176
  • Estimated Number of Acres: 2.69
  • Map Code Column: F
  • Map Code Page: 930
  • Map Code Row: 5

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 10000
  • Gross Rent Multiplier Actual: 6.0
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 28, 2020
Sold by
Mcmahan Kevin W
Bought by
Curtis Melba T and The Melba T Curtis Trust
Seller's Agent
Nicholas Yates
Real Broker
Buyer's Agent
Nicholas Yates
Real Broker
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,694,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,958
Avg. Annual Appreciation
5.24%
Original Mortgage
$702,000
Outstanding Balance
$626,427
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,068,531

Purchase Details

Listed on
Sep 15, 2019
Closed on
May 14, 2020
Sold by
Prieboy Edward and Prieboy Jill
Bought by
Mcmahan Kevin W
Seller's Agent
Destry Johnson
BHHS Ranch & Coast Real Estate
Buyer's Agent
Nicholas Yates
Real Broker
List Price
$1,199,888
Sold Price
$1,125,000
Premium/Discount to List
-$74,888
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.07%
Original Mortgage
$1,125,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Nov 19, 2007
Sold by
Prieboy Edward
Bought by
Prieboy Edward and Prieboy Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,750
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Prieboy Jill L
Bought by
Prieboy Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2004
Sold by
Prieboy Edward
Bought by
Prieboy Edward and Prieboy Jill L

Purchase Details

Closed on
Nov 14, 2003
Sold by
Prieboy Jill
Bought by
Prieboy Edward

Purchase Details

Closed on
Jul 28, 2003
Sold by
Paulson Dennis L
Bought by
Prieboy Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,250
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2002
Sold by
Paulson Dennis L
Bought by
Paulson Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 2001
Sold by
Paulson Dennis L
Bought by
Paulson Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 1998
Sold by
Paulson Dianna L
Bought by
Paulson Dennis L

Purchase Details

Closed on
Feb 17, 1993
Sold by
Paulson Dennis L and Paulson Dianna L
Bought by
Paulson Dennis L and Paulson Dianna L
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
Curtis Melba T $1,300,000 Ticor Title San Diego Branch
Mcmahan Kevin W $1,125,000 First American Title Company
Prieboy Edward -- Alliance Title Company
Prieboy Edward -- Chicago Title Company
Prieboy Edward -- Lawyers Title Company
Prieboy Edward -- Lawyers Title Company
Prieboy Edward $647,000 Lawyers Title Company
Paulson Dennis L -- American Title Co
Paulson Dennis L -- First American Title Co
Paulson Dennis L -- --
Paulson Dennis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Melba T $702,000
Previous Owner Mcmahan Kevin W $1,125,000
Previous Owner Prieboy Edward $879,750
Previous Owner Prieboy Edward $135,000
Previous Owner Prieboy Edward $485,250
Previous Owner Paulson Dennis L $150,800
Previous Owner Paulson Dennis L $182,000
Closed Prieboy Edward $97,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2021 01/06/21 Sold $1,300,000 -7.1% $366 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,399,000 +24.4% $394 / Sq Ft
06/18/2020 06/18/20 Sold $1,125,000 -1.2% $317 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
03/15/2020 03/15/20 Price Changed $1,138,800 -4.2% $321 / Sq Ft
01/02/2020 01/02/20 Price Changed $1,188,800 0.0% $335 / Sq Ft
11/08/2019 11/08/19 Price Changed $1,188,888 -0.8% $335 / Sq Ft
10/22/2019 10/22/19 Price Changed $1,198,888 -0.1% $338 / Sq Ft
09/15/2019 09/15/19 For Sale $1,199,888 -- $338 / Sq Ft
Source: San Diego MLS

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 $15,019 $1,407,161 $270,608 $1,136,553
2023 $15,019 $1,352,520 $260,100 $1,092,420
2022 $14,591 $1,159,387 $77,292 $1,082,095
2021 $12,083 $1,136,655 $75,777 $1,060,878
2020 $9,923 $883,475 $233,998 $649,477
2019 $16,545 $866,153 $229,410 $636,743
2018 $16,359 $849,170 $224,913 $624,257
2017 $16,170 $832,520 $220,503 $612,017
2016 $15,976 $816,197 $216,180 $600,017
2015 $15,820 $803,939 $212,934 $591,005
2014 $5,895 $527,000 $140,000 $387,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200046992

San Diego MLS

APN: 924-290-021

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