NOT LISTED FOR SALE

38270 Spur Rd Temecula, CA 92592

Estimated Value: $710,122

39.4 Acres
$18,023 Price per Acre
1,716,264 Sq Ft Lot

Last Sold February 26, 2018

Last sale price $780,000

Est. 9% decrease in value since last sale

Current estimated payment $4,082/month

96 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • 1,716,264 Sq Ft lot
  • Crowne Hill Elementary School Rated A-
  • Panoramic View
  • Horse Property Improved

About This Lot

As of February 2018

Back on the Market! 40 Acre Equestrian Ranch in Oakridge Ranch Estates. East of Temecula's Wine Country!
Two meticulously kept parcels that are set up to raise thoroughbreds.
Property boasts space for 60 horse, 33 paddocks, 6-stall barn, covered stalls, hot walker, hay barn, wash rack, and 3/8th mile training track with lighted viewing platform. There is a seasonal lake with fountain, office, tack room, gazebo, avocado and citrus grove.
The property has two good producing wells and electric and phone. Two good size pads have been graded and well maintained for a future home.
Breathtaking views of Black Mountain and Temecula Valley. Owner may consider a carry with substantial down payment.

Last Agent to Sell the Property

Liz Jones

KW Temecula License #01933366 Listed on: 10/19/2017

KW Temecula

Last Buyer's Agent

Michel Harb

MICHEL HARB, BROKER License #01355914

Property Details

Property Type

  • Land

Lot Details

  • 39.4 Acre Lot
  • Rural Setting
  • Cross Fenced
  • Lot Has A Rolling Slope
  • Drip System Landscaping
  • 470270016
  • Property is zoned R-A-10

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Meadow
  • Neighborhood

Utilities

  • Underground Utilities
  • Propane
  • Well
  • Phone Connected

Additional Features

  • Agricultural
  • Horse Property Improved

Listing and Financial Details

  • Assessor Parcel Number 470270015

Community Details

Overview

  • Property has a Home Owners Association
  • Oakridge Ranch Estates Association, Phone Number (951) 767-3117
  • Mountainous Community

Recreation

  • Community Stables
  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Inclusions: Tack room, tractor, RV on property, all terrain vehicle.
  • Road Surface Type: Maintained, Paved, Unpaved
  • Subdivision Name Other: Oak Ridge Ranch Estates
  • View: Yes
  • Zoning: R-A-10
  • Property Type: Land
  • Parcel Number: 470270015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.45

Exterior Features

  • View: City Lights, Hills, Meadow, Mountain(s), Neighborhood, Panoramic
  • Fencing: Cross Fenced

Utilities

  • Utilities: Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane, Underground Utilities, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Annually
  • Association Name: Oakridge Ranch Estates
  • Phone: 951-767-3117
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Stable(s), Rural, Storm Drains

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 470270016
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Gentle Sloping, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Rolling Slope, Sprinklers Drip System
  • Lot Size Sq Ft: 1716264.00

Tax Info

  • Tax Census Tract: 432.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 26, 2018
Sold by
Moreno Harvey B and Moreno Eleanor
Bought by
Atlaby Llc
Seller's Agent
Liz Jones
KW Temecula
Buyer's Agent
Michel Harb
MICHEL HARB, BROKER
List Price
$1,150,000
Sold Price
$780,000
Premium/Discount to List
-$370,000
-32.17%
Current Estimated Value
$710,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,878
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Lennar Homes Of California Inc
Bought by
Mattmiller Barton and Hiltibidal Paula Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,965
Interest Rate
3.54%
Mortgage Type
VA
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
Atlaby Llc $780,000 Chicago Title Company
Mattmiller Barton $420,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattmiller Barton $425,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $780,000 -21.6% --
01/23/2018 01/23/18 Pending -- -- --
12/07/2017 12/07/17 Price Changed $995,000 -13.5% --
10/19/2017 10/19/17 For Sale $1,150,000 -- --
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 $4,415 $423,266 $365,240 $58,026
2023 $4,415 $406,832 $351,058 $55,774
2022 $4,295 $398,856 $344,175 $54,681
2021 $4,214 $391,036 $337,427 $53,609
2020 $4,172 $387,028 $333,968 $53,060
2019 $4,114 $379,440 $327,420 $52,020
2018 $2,362 $211,706 $131,290 $80,416
2017 $2,323 $207,556 $128,716 $78,840
2016 $2,278 $203,488 $126,193 $77,295
2015 $2,235 $200,434 $124,299 $76,135
2014 $2,172 $196,510 $121,865 $74,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17239463

California Regional Multiple Listing Service (CRMLS)

APN: 470-270-016