NOT LISTED FOR SALE

Estimated Value: $506,000 - $523,000

4 Beds
3 Baths
1,654 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $361,000 $218 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,401/month

5 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Updated Kitchen
  • Buchanan Elementary School Rated A-
  • View of Trees or Woods
  • 4-minute walk to Pond Park

About This Home

As of September 2020

Located within the private gated community of Old School House, this unique 4 bedroom 3 bath end unit townhome is situated on perhaps the largest lot in the entire community! The private backyard is walled in by mature trees and offers a paver patio w/ fountain while getting a plethora of natural sunlight. As you make your way back to the front door, you will enter your new home noticing a plethora of upgrades including wood laminate flooring, neutral paint colors, two tone paint & more. The family room features a wood burning fireplace and leads to the gourmet kitchen complete w/ white cabinetry, granite countertops & stainless steel appliances. There is a full bedroom & bath downstairs (perfect for in-laws) along with a laundry room. Upstairs, you will find 3 additional bedrooms along with 2 full baths, including the master bedroom w/ en-suite master bath. This townhouse truly is turnkey and lives more like a single family home. You will not find another 4 bedroom 3 bath turnkey property in all of the Temecula Valley for under $350K right now. Also the community offers a pool & spa, and has very low HOA dues for being gated w/ amenities. Run don't walk, this will be gone within days!

Last Agent to Sell the Property

Matthew Croteau

eXp Realty of Southern California, Inc. License #02088487 Listed on: 08/16/2020

eXp Realty of Southern California, Inc.

Co-Listed By

Tom Bashe

Localist Realty License #01383456

Last Buyer's Agent

MARK MAGANA

CORCORAN GLOBAL LIVING License #01421698

CORCORAN GLOBAL LIVING

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 871 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Glass Fence
  • Wood Fence
  • Block Wall Fence

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1-P
  • Tax Tract Number 29398
  • Assessor Parcel Number 916071001

Community Details

Overview

  • 228 Units
  • Villas At Old School House Association, Phone Number (888) 354-8322

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,678

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 916071001
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1654.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 218.26
  • Room Type: Entry, Family Room, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Gunite, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Double Sinks In Bath(s)
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Glass, Wood
  • Patio And Porch Features: Patio, Porch
  • Pool Features: Association, Gunite, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Villas at Old School House
  • Phone: 888.354.8322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Villas at Old School House

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 505.00
  • Tax Lot: 1-P
  • Tax Tract Number: 29398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Aug 24, 2020
Sold by
Sigas Jim and Sigas Effie
Bought by
Paniagua Annette and Paniagua Frank
Seller's Agent
Matthew Croteau
eXp Realty of Southern California, Inc.
Buyer's Agent
MARK MAGANA
CORCORAN GLOBAL LIVING
List Price
$349,000
Sold Price
$361,000
Premium/Discount to List
$12,000
3.44%
Current Estimated Value
$515,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,515
Avg. Annual Appreciation
7.25%
Original Mortgage
$288,800
Outstanding Balance
$255,226
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,289

Purchase Details

Listed on
Jul 6, 2014
Closed on
Sep 17, 2014
Sold by
Nack Bonnie
Bought by
Sigas Jim and Sigas Effie
Seller's Agent
Marshall Sharifan
All About Real Estate
Buyer's Agent
Jennifer Faris
Elevate Real Estate Agency
List Price
$248,000
Sold Price
$220,000
Premium/Discount to List
-$28,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$198,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Nack Bonnie
Bought by
The Hans Living Trust

Purchase Details

Closed on
Oct 6, 2010
Sold by
Paramore Diane J
Bought by
Nack Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Paramore Diane J
Bought by
Paramore Diane J and Diane J Paramore Separate Property Revoc

Purchase Details

Closed on
Aug 27, 2001
Sold by
Old School House Development Iii Llc
Bought by
Paramore Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.84%
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
Paniagua Annette $361,000 Equity Title Company
Sigas Jim $220,000 First American Title Company
The Hans Living Trust -- None Available
Nack Bonnie $175,000 Lawyers Title
Paramore Diane J -- --
Paramore Diane J $185,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paniagua Annette $288,800
Previous Owner Sigas Jim $198,000
Previous Owner Nack Bonnie $124,000
Previous Owner Paramore Diane J $175,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $361,000 +3.4% $218 / Sq Ft
08/21/2020 08/21/20 For Sale $349,000 0.0% $211 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $349,000 0.0% $211 / Sq Ft
08/31/2017 08/31/17 Rented $1,800 0.0% --
08/28/2017 08/28/17 Under Contract -- -- --
08/14/2017 08/14/17 Price Changed $1,800 -10.0% $1 / Sq Ft
06/26/2017 06/26/17 Price Changed $2,000 -4.8% $1 / Sq Ft
05/22/2017 05/22/17 For Rent $2,100 +23.5% --
03/21/2015 03/21/15 Rented $1,700 -10.5% --
02/19/2015 02/19/15 Under Contract -- -- --
01/08/2015 01/08/15 For Rent $1,900 0.0% --
10/27/2014 10/27/14 Sold $220,000 -4.3% $133 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Price Changed $229,900 -4.2% $139 / Sq Ft
08/19/2014 08/19/14 Price Changed $239,900 -3.3% $145 / Sq Ft
07/06/2014 07/06/14 For Sale $248,000 -- $150 / 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 $5,678 $390,756 $92,006 $298,750
2023 $5,678 $375,584 $88,434 $287,150
2022 $5,662 $368,220 $86,700 $281,520
2021 $5,582 $361,000 $85,000 $276,000
2020 $4,217 $241,762 $65,933 $175,829
2019 $4,182 $237,023 $64,641 $172,382
2018 $4,123 $232,376 $63,375 $169,001
2017 $4,079 $227,821 $62,133 $165,688
2016 $4,031 $223,355 $60,915 $162,440
2015 $4,003 $220,000 $60,000 $160,000
2014 $3,400 $182,895 $41,804 $141,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20166750

California Regional Multiple Listing Service (CRMLS)

APN: 916-071-001