NOT LISTED FOR SALE

37450 Downey Rd Temecula, CA 92592

Estimated Value: $1,290,000 - $1,402,000

4 Beds
2.5 Baths
2,253 Sq Ft
$595/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $1,200,000 $533 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,179/month

10 Days on Market

Highlights

  • Horse Property
  • RV Access or Parking
  • Secluded Lot
  • Crowne Hill Elementary School Rated A-
  • Mountain View
  • No HOA

About This Home

As of July 2022

Welcome to the secluded and serene 2.5 acre property centrally located in Temecula's Wine Country. This beautiful property boasts mature trees throughout the useable acreage. Located in the middle of Temecula's beautiful Wine Country on a quiet cul-de-sac, this property is within minutes of some of Southern California's top wineries. Multiple areas to build structures. The natural landscape views are from every corner. The property is fully fenced with an electric gate. The home boasts 4 bedrooms and 2.5 bathrooms. The primary bathroom is a blank slate to create your own masterpiece. This will not be on long, schedule a showing today! *Check out the virtual tour!* AMAZING property.

Last Agent to Sell the Property

Jill Hardy

The Hardy Group License #01491491 Listed on: 05/20/2022

Co-Listed By

Paige Hardy Hill

The Hardy Group License #01999634

Last Buyer's Agent

Guy Scata

Coldwell Banker Assoc.Brkr-Mur License #02067346

Coldwell Banker Assoc.Brkr-Mur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,846

Year Built

  • Built in 1988

Lot Details

  • 2.07 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Front Yard
  • Property is zoned A-1-10

Parking

  • 3 Car Attached Garage
  • Parking Available
  • RV Access or Parking

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 2,253 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Propane
  • Conventional Septic

Listing and Financial Details

  • Tax Lot C
  • Tax Tract Number 94021
  • Assessor Parcel Number 924280019
  • $739 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,846

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: A-1-10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 924280019
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2253.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 532.62
  • Room Type: All Bedrooms Down, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: RV Access/Parking, RV Potential
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Propane
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Horse Property, Secluded
  • Lot Size Sq Ft: 90169.00
  • Lot Size Acres: 2.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 90169.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.92
  • Tax Lot: C
  • Tax Tract Number: 094021
  • TaxOtherAnnualAssessmentAmount: 739.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 6, 2022
Sold by
Vanheumen and Susan
Bought by
Lai Phony Duy and Mai Trini-Haiau Le
Seller's Agent
Jill Hardy
The Hardy Group
Buyer's Agent
Guy Scata
Coldwell Banker Assoc.Brkr-Mur
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,340,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,701
Avg. Annual Appreciation
3.46%
Original Mortgage
$900,000
Outstanding Balance
$855,074
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$485,627

Purchase Details

Closed on
Jul 19, 2001
Sold by
Proctor David C and Proctor Salinda L
Bought by
Vanheumen Adrian and Vanheumen Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.12%
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
Lai Phony Duy $1,200,000 Ticor Title
Vanheumen Adrian $427,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Phony Duy $900,000
Previous Owner Vanheumen Adrian $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $1,200,000 +0.1% $533 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,199,000 -- $532 / 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 $12,846 $1,248,480 $78,030 $1,170,450
2023 $12,846 $1,200,000 $75,000 $1,125,000
2022 $6,866 $594,399 $243,604 $350,795
2021 $6,730 $582,745 $238,828 $343,917
2020 $6,661 $576,771 $236,380 $340,391
2019 $6,560 $565,463 $231,746 $333,717
2018 $6,437 $554,376 $227,202 $327,174
2017 $6,322 $543,507 $222,748 $320,759
2016 $6,190 $532,851 $218,381 $314,470
2015 $6,078 $524,849 $215,101 $309,748
2014 $5,902 $514,571 $210,889 $303,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22105518

California Regional Multiple Listing Service (CRMLS)

APN: 924-280-019