NOT LISTED FOR SALE

38442 Martin Ranch Rd Temecula, CA 92592

Estimated Value: $705,680

4.55 Acres
$155,095 Price per Acre
198,198 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $608,000

Est. 16% increase in value since last sale

Current estimated payment $4,582/month

17 Days on Market

Highlights

  • Panoramic View
  • Corner Lot
  • Gentle Sloping Lot
  • Crowne Hill Elementary School Rated A-
  • Agricultural

About This Lot

As of December 2021

VIEWS VIEW VIEWS! Gorgeous 4.55 acre lot in Glenoaks Ranch Estates - a private gated community. Partially landscaped with citrus trees, has a huge pad, and is ready for your custom home! Also includes a large barn with bathroom, with a certified Septic system. This parcel has spectacular panoramic views - offering unsurpassed sunset and Temecula Wine Country Views. Located just off of Glenoaks Road, and west of De Portola Road - it will provide the beauty, privacy, and security that you have been looking for. This exclusive development contains only 30 lots - from 2.5 acres to 5 acres minimum, surrounding homes are beautifully constructed - and are surrounded by many citrus groves! The water meter is already installed, electricity connected, telephone service is available in the street - so your site improvement costs will be low!

Last Agent to Sell the Property

Nancy Hughes

First Team Real Estate License #00859916 Listed on: 10/29/2021

First Team Real Estate

Last Buyer's Agent

Bobejo Kelley

Keller Williams Premier Prop. License #02085097

Keller Williams Premier Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,289

Lot Details

  • 4.55 Acre Lot
  • Rural Setting
  • Corner Lot
  • Gentle Sloping Lot
  • Property is zoned R-A-5

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Panoramic
  • Orchard Views
  • Hills

Farming

  • Agricultural

Community Details

  • Glenoaks Ranch Estates Association, Phone Number (951) 699-2918
  • Avalon HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 94195
  • Assessor Parcel Number 924170025
  • $117 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$8,289

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-5
  • Property Type: Land
  • Parcel Number: 924170025
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.07

Exterior Features

  • View: Hills, Orchard, Panoramic

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 450.00
  • Association Fee Frequency: Quarterly
  • Association Name: Glenoaks Ranch Estates
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Rural
  • Association Management: Avalon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Tree/Orchard, Corner Lot, Gentle Sloping, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 198198.00
  • Lot Size Acres: 4.5500
  • Latitude Manual: 33.56653000

Multi Family

  • Lot Size Area: 198198.0000 Square Feet

Tax Info

  • Tax Census Tract: 432.39
  • Tax Lot: 1
  • Tax Tract Number: 094195
  • TaxOtherAnnualAssessmentAmount: 117.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 22, 2021
Sold by
Glenoaks Ranch Llc
Bought by
Elly Mehran K and Elly Kristeen Knusteen
Seller's Agent
Nancy Hughes
First Team Real Estate
Buyer's Agent
Bobejo Kelley
Keller Williams Premier Prop.
List Price
$650,000
Sold Price
$608,000
Premium/Discount to List
-$42,000
-6.46%
Current Estimated Value
$705,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,680
Avg. Annual Appreciation
3.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elly Mehran K $608,000 First Amer Ttl Co Homebuilde
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $608,000 -6.5% --
11/15/2021 11/15/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $650,000 -- --
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 $8,289 $645,212 $592,259 $52,953
2023 $8,200 $620,160 $569,262 $50,898
2022 $1,616 $143,783 $26,999 $116,784
2021 $1,585 $140,966 $26,470 $114,496
2020 $1,569 $139,522 $26,199 $113,323
2019 $1,547 $136,788 $25,686 $111,102
2018 $1,519 $134,108 $25,183 $108,925
2017 $1,493 $131,480 $24,690 $106,790
2016 $1,463 $128,903 $24,206 $104,697
2015 $1,437 $126,970 $23,844 $103,126
2014 $1,396 $124,485 $23,378 $101,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21238523

California Regional Multiple Listing Service (CRMLS)

APN: 924-170-025