L
Seller's Agent in 2019
Lisa Schwahn
NON-MEMBER/NBA or BTERM OFFICE
40088 Walcott Ln Temecula, CA 92591
Serena Hills NeighborhoodEstimated Value: $1,171,000 - $1,509,000
2.28
Acres
$587,465
Price per Acre
99,317
Sq Ft Lot
Highlights
- Horse Property Unimproved
- 2.28 Acre Lot
- No HOA
- Margarita Middle School Rated A-
- Vineyard View
- Agricultural
About This Lot
As of October 2019A once in a lifetime amazing opportunity to build your custom vineyard dream home. Large nicely graded 2.28 acre lot is situated in the heart of Temecula. Breath taking views of your own vineyard and surrounding mountains. Nice large permitted shed at front of property. The vineyard has been maintained by a management company and is on an irrigation system. This hard to find unique parcel has a graded pad area and is located in the path of progress. The City has the old grading plans that need updated by a Civil Engineer for your custom home construction. Great road frontage along Walcott. Lots of choices in planning your dream estate. Plenty of room for a guest house, pool, garden or fruit trees. This property is just west of the valley's wine country community. Horses okay. Low tax area and no HOA. Only minutes from Temecula's Old Town and Wine Country. Easy access to shopping, medical facilities, schools and the freeway. Take advantage of living in the countryside just a few minutes away from the city. This is a rare find!
Last Agent to Sell the Property
Lisa Schwahn
NON-MEMBER/NBA or BTERM OFFICE License #01261039 Listed on: 08/09/2019
Property Details
Property Type
- Land
Lot Details
- 2.28 Acre Lot
- Sprinkler System
- Density is 2-5 Units/Acre
Property Views
- Vineyard
- Mountain
- Hills
Additional Features
- Agricultural
- Horse Property Unimproved
Community Details
- No Home Owners Association
- Mountainous Community
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 957170030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2019
Closed on
Sep 6, 2019
Sold by
Spargo Arthi
Bought by
Wilde Terry P and Miyazaki Saori
Seller's Agent
Lisa Schwahn
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Lisa Schwahn
NON-MEMBER/NBA or BTERM OFFICE
List Price
$359,000
Sold Price
$240,000
Premium/Discount to List
-$119,000
-33.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,226
Avg. Annual Appreciation
31.90%
Original Mortgage
$180,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2009
Sold by
Blake Beena
Bought by
Spargo Arthi
Purchase Details
Closed on
May 1, 2006
Sold by
Mclay John
Bought by
Blake Beena
Purchase Details
Closed on
Jun 15, 2005
Sold by
Johnson Bradley D and Johnson Jo Ellen
Bought by
Mclay John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 1, 2005
Sold by
Mclay Connie
Bought by
Mclay John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 5, 2004
Sold by
Schachtell Dieter G and Schachtell Georgine A
Bought by
Johnson Bradley D and Johnson Jo Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilde Terry P | $240,000 | Fidelity Natl Ttl San Diego | |
| Spargo Arthi | -- | None Available | |
| Blake Beena | $455,000 | Stewart Title Riverside | |
| Mclay John | $340,000 | Oct | |
| Mclay John | -- | Oct | |
| Johnson Bradley D | $249,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wilde Terry P | $180,000 | |
| Previous Owner | Mclay John | $760,000 | |
| Previous Owner | Johnson Bradley D | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $240,000 | -33.1% | -- |
| 09/01/2019 09/01/19 | Pending | -- | -- | -- |
| 08/09/2019 08/09/19 | For Sale | $359,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,851 | $1,153,885 | $257,004 | $896,881 |
| 2023 | $12,851 | $1,066,280 | $247,025 | $819,255 |
| 2022 | $7,864 | $644,734 | $242,182 | $402,552 |
| 2021 | $3,640 | $242,485 | $237,434 | $5,051 |
| 2020 | $3,290 | $240,000 | $235,000 | $5,000 |
| 2019 | $2,546 | $183,450 | $180,000 | $3,450 |
| 2018 | $2,548 | $183,450 | $180,000 | $3,450 |
| 2017 | $2,148 | $153,450 | $150,000 | $3,450 |
| 2016 | $1,660 | $117,450 | $114,000 | $3,450 |
| 2015 | $1,656 | $117,450 | $114,000 | $3,450 |
| 2014 | $1,643 | $117,410 | $114,000 | $3,410 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW19191165
APN: 957-170-030
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