NOT LISTED FOR SALE

40025 Hanover Rd Temecula, CA 92592

Estimated Value: $629,000 - $690,667

2 Beds
1 Bath
602 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold September 30, 2018

Last sale price $433,200 $720 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,901/month

127 Days on Market

Highlights

  • 1,647,439 Sq Ft lot
  • No HOA
  • Agricultural
  • Mountain View
  • Cooling Available
  • No Heating

About This Home

As of September 2018

Breathtaking 37+ Acres with beautiful views! Agriculture opportunities, come and see the this beautiful property. Make it your own ranch with mountain views, private and secluded! Small 2 bedroom, 1 bathroom with utilities and a well.
Contiguous parcels available, Parcel numbers 915-160-021 and 915-160-050. Seller wants it sold, bring all offers!

Last Agent to Sell the Property

Karen Lenahan

First Team Real Estate License #01935554 Listed on: 04/30/2018

First Team Real Estate

Last Buyer's Agent

Alan Hardman

Brubaker Culton R.E. & Dev. License #01978431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 37.82 Acre Lot
  • Rural Setting
  • Property is zoned R-R

Interior Spaces

  • 602 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Farming

  • Agricultural

Utilities

  • Cooling Available
  • No Heating
  • Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 432
  • Assessor Parcel Number 915160022

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 915160022
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 602.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 719.60
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 1647439.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.39
  • Tax Lot: 4
  • Tax Tract Number: 432.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Kasper and Scott
Bought by
Kasper Scott Paul and Kasper Serena
Current Estimated Value
$659,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,250
Outstanding Balance
$388,710
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$271,124

Purchase Details

Listed on
Apr 30, 2018
Closed on
Sep 21, 2018
Sold by
Guttman Alex F
Bought by
Kasper Serena and Kasper Scott
Seller's Agent
Karen Lenahan
First Team Real Estate
Buyer's Agent
Alan Hardman
Brubaker Culton R.E. & Dev.
List Price
$499,000
Sold Price
$433,200
Premium/Discount to List
-$65,800
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$346,560
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2016
Sold by
Guttman Alex F
Bought by
The 2015 Alex F Guttman Revocable Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kasper Scott Paul -- None Listed On Document
Kasper Serena $433,500 First American Title Company
The 2015 Alex F Guttman Revocable Living -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasper Scott Paul $406,250
Previous Owner Kasper Serena $346,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2018 09/30/18 Sold $433,200 0.0% $720 / Sq Ft
08/05/2018 08/05/18 Price Changed $433,200 -4.5% $720 / Sq Ft
07/23/2018 07/23/18 Price Changed $453,840 -9.1% $754 / Sq Ft
04/30/2018 04/30/18 For Sale $499,000 -- $829 / 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 $5,324 $483,237 $460,929 $22,308
2023 $5,324 $464,475 $443,032 $21,443
2022 $5,166 $455,369 $434,346 $21,023
2021 $5,079 $446,441 $425,830 $20,611
2020 $5,007 $441,864 $421,464 $20,400
2019 $4,896 $433,200 $413,200 $20,000
2018 $2,519 $225,467 $188,309 $37,158
2017 $2,489 $221,047 $184,617 $36,430
2016 $2,482 $216,714 $180,998 $35,716
2015 $2,475 $213,461 $178,280 $35,181
2014 $2,361 $209,282 $174,789 $34,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18100374

California Regional Multiple Listing Service (CRMLS)

APN: 915-160-022