NOT LISTED FOR SALE

38895 E Benton Rd Temecula, CA 92592

Estimated Value: $303,423

4.69 Acres
$64,696 Price per Acre
204,296 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $290,000

Est. 5% increase in value since last sale

Current estimated payment $2,033/month

438 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • No HOA
  • Crowne Hill Elementary School Rated A-
  • Panoramic View
  • Horse Trails

About This Lot

As of May 2021

MAJOR PRICE REDUCTION, SELLER WILL CONSIDER ALL REASONABLE OFFERS. Wine country estate home site ready to build with the hard work already done. Large level building pad set back from a paved road. Grading and building plans were submitted and approved by the county for a 2-story home with plenty of additional land available for barns, pastures, and corrals. Just 15 minutes to town and less than 5 minutes to local wineries this location is without a doubt one of the most sought-after spots in the expanding Temecula Valley. Fenced, v-trenches in place, bring your house plans and start building.

Last Agent to Sell the Property

Ed Beaudet

KW Temecula License #01486267 Listed on: 02/03/2020

KW Temecula

Last Buyer's Agent

Ed Beaudet

KW Temecula License #01486267 Listed on: 02/03/2020

KW Temecula

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,114

Lot Details

  • 4.69 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Rectangular Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned R-A-5

Additional Features

  • Panoramic Views
  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 924110020

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$4,114

Lot Details

0

Listing Details

  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-5
  • Property Type: Land
  • Parcel Number: 924110020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.42

Exterior Features

  • View: Panoramic

Utilities

  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Corners Marked, Horse Property, Horse Property Unimproved, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 204296.00
  • Lot Size Acres: 4.6900
  • Latitude Manual: 33.57485700

Multi Family

  • Lot Size Area: 204296.0000 Square Feet

Tax Info

  • Tax Census Tract: 432.39
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Arceo Jesus and Arceo Fatima
Bought by
Mendoza Anaya Edgar and Mendoza Francisca Rios
Current Estimated Value
$303,423

Purchase Details

Closed on
Oct 23, 2024
Sold by
Arceo Felipe
Bought by
Arceo Jesus and Arceo Fatima

Purchase Details

Listed on
Feb 3, 2020
Closed on
May 6, 2021
Sold by
Justus Matthew Thomas and Justus Matthew
Bought by
Justus Commercial Group Llc
Seller's Agent
Ed Beaudet
KW Temecula
Buyer's Agent
Ed Beaudet
KW Temecula
List Price
$349,000
Sold Price
$290,000
Premium/Discount to List
-$59,000
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$145,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 26, 2021
Sold by
Justus Commercial Group Llc
Bought by
Arceo Jesus and Arceo Fatima
Seller's Agent
Ed Beaudet
KW Temecula
Buyer's Agent
Ed Beaudet
KW Temecula
List Price
$349,000
Sold Price
$290,000
Premium/Discount to List
-$59,000
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2019
Sold by
Miller Joseph A and Trombetti Miller Patricia
Bought by
Justus Commerical Group Llc

Purchase Details

Closed on
Dec 8, 2016
Sold by
Fabricant Robert Neal and Fabricant Gail Rogers
Bought by
Miller Joseph A and Trombetti Miller Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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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
Mendoza Anaya Edgar $300,000 Wfg National Title
Arceo Jesus -- Wfg National Title
Justus Commercial Group Llc -- Chicago Title Company
Arceo Jesus $290,000 Chicago Title Company
Justus Commerical Group Llc $50,000 None Available
Miller Joseph A -- Orange Coast Title Co Socal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arceo Jesus $145,000
Previous Owner Miller Joseph A $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $290,000 -3.0% --
04/16/2021 04/16/21 Pending -- -- --
08/07/2020 08/07/20 Price Changed $299,000 -14.3% --
02/03/2020 02/03/20 For Sale $349,000 -- --
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
2023 $4,114 $301,714 $296,619 $5,095
2022 $3,991 $295,799 $290,803 $4,996
2021 $4,832 $358,576 $353,626 $4,950
2020 $4,783 $354,900 $350,000 $4,900
2019 $1,809 $131,885 $129,919 $1,966
2018 $1,776 $129,300 $127,369 $1,931
2017 $1,745 $126,766 $124,872 $1,894
2016 $1,710 $124,281 $122,424 $1,857
2015 $1,681 $122,416 $120,586 $1,830
2014 $1,635 $120,021 $118,225 $1,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20024925

California Regional Multiple Listing Service (CRMLS)

APN: 924-110-020