NOT LISTED FOR SALE

Estimated Value: $720,884 - $751,000

3 Beds
2.5 Baths
2,084 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $495,000 $238 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,479/month

Highlights

  • Spa
  • Community Lake
  • Home Office
  • Ysabel Barnett Elementary School Rated A
  • Park or Greenbelt View
  • 2 Car Direct Access Garage

About This Home

As of November 2021

This home is located at 40261 Balboa Dr, Temecula, CA 92591 since 06 November 2021 and is currently priced at $742,471. This property was built in 2004. 40261 Balboa Dr is a home located in Riverside County with nearby schools including Ysabel Barnett Elementary School, James L. Day Middle School, and Chaparral High School.

Last Agent to Rent the Property

Joshua Campbell

AMCPM License #01797151 Listed on: 11/06/2021

Last Renter's Agent

Joshua Campbell

AMCPM License #01797151 Listed on: 11/06/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 3,485 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Home Office
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,690
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/25/20
  • Tax Lot 5
  • Tax Tract Number 30669
  • Assessor Parcel Number 916510005

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2020-10-25
  • Credit Check Paid By: Tenant
  • Deposit Security: 5690
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 916510005
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2084.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.44
  • Room Type: All Bedrooms Up, Office
  • Spa Features: Association

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Lake, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 496.00
  • Tax Lot: 5
  • Tax Tract Number: 30669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Sep 17, 2020
Sold by
Olson Steven O and Johl Olson Randeep
Bought by
Schmidl Maxine Patricia and The Trust Of Maxine Patricia S
Seller's Agent
Jim Campbell
AMCPM
Buyer's Agent
Janie McMurtry
NON-MEMBER/NBA or BTERM OFFICE
Sold Price
$2,495
Current Estimated Value
$742,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,976
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Jul 24, 2019
Sold by
Olson Randeep Johl and Olson Steven Olaf
Bought by
Olson Steven O and Johi Olson Randeep

Purchase Details

Closed on
Nov 2, 2015
Sold by
Brkk Llc
Bought by
Olson Randeep Johl and Olson Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,568
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2010
Sold by
Bui Brian Andrew and Nguyen Raeann
Bought by
Brkk Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Quach Cuong and Tran Jasmine
Bought by
Bui Brian Andrew and Nguyen Raeann

Purchase Details

Closed on
Jul 21, 2005
Sold by
Bui Brian Andrew
Bought by
Quach Cuong and Tran Jasmine

Purchase Details

Closed on
May 6, 2005
Sold by
U S Home Corp
Bought by
Bui Brian Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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
Schmidl Maxine Patricia $495,000 Lawyers Title
Olson Steven O -- None Available
Olson Randeep Johl $420,000 Ticor Title Company
Brkk Llc -- None Available
Bui Brian Andrew -- None Available
Quach Cuong -- --
Bui Brian Andrew $438,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Randeep Johl $361,568
Previous Owner Bui Brian Andrew $344,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2021 11/06/21 Rented $2,995 +3.5% --
11/06/2021 11/06/21 For Rent $2,895 0.0% --
11/02/2021 11/02/21 Price Changed $2,895 +16.0% $1 / Sq Ft
11/01/2020 11/01/20 Rented $2,495 0.0% --
10/20/2020 10/20/20 Under Contract -- -- --
10/19/2020 10/19/20 Off Market $2,495 -- --
10/18/2020 10/18/20 For Rent $2,495 0.0% --
09/30/2020 09/30/20 Sold $495,000 +1.0% $238 / Sq Ft View Prior Sale
09/13/2020 09/13/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $489,999 0.0% $235 / Sq Ft
12/12/2014 12/12/14 Rented $1,975 0.0% --
12/12/2014 12/12/14 For Rent $1,975 -- --
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 $7,198 $535,802 $135,304 $400,498
2023 $7,198 $514,998 $130,050 $384,948
2022 $7,043 $504,900 $127,500 $377,400
2021 $6,926 $495,000 $125,000 $370,000
2020 $6,375 $454,619 $108,242 $346,377
2019 $6,292 $445,706 $106,120 $339,586
2018 $6,184 $436,968 $104,040 $332,928
2017 $6,087 $428,400 $102,000 $326,400
2016 $6,014 $420,000 $100,000 $320,000
2015 $5,650 $372,000 $127,000 $245,000
2014 $5,490 $488,000 $167,000 $321,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21240427

California Regional Multiple Listing Service (CRMLS)

APN: 916-510-005