NOT LISTED FOR SALE

40536 Koa Ct Temecula, CA 92591

Estimated Value: $851,439 - $926,000

4 Beds
2 Baths
2,218 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $715,000 $322 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,622/month

21 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Security Service
  • Nicolas Valley Elementary School Rated A-
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of August 2021

Incredible opportunity to own a newer single level home with 2 garages, modern open floor plan, large lot with covered patio and fire pit, spacious master suite with luxury 5 piece master bath and grand walk in closet. Solar will keep the energy costs low. Smart home features make living in the home a breeze, and bring comfort and convenience to the forefront. Enter to grand foyer with access to the finished garage with epoxy floor. Modern great room concept with wide open spaces from the kitchen to the dining area to the roomy living room. Large kitchen with massive center island, hard surface countertops, stainless steel appliance package, walk in pantry and breakfast bar seating all open to the dining area and living room with fireplace. Bedrooms and bathrooms all on the other side of this home include the roomy master suite and other large bedrooms and guest bath with dual sink vanity separate from the bath/shower area. One bedroom has built in desk and storage area for home office or study area. Private back yard with large covered patio, fire pit, wrought iron fencing and maintenance free turf. High ceilings and lots of windows really make this home feel airy and light. Gated community for added security in what is already one of the safest cities in the U.S. Located close to parks, top rated Temecula schools, shopping, award winning wineries and with easy freeway access for commuters.

Last Agent to Sell the Property

Goran Forss

Team Forss Realty Group License #01711806 Listed on: 06/03/2021

Co-Listed By

Matt Tibbetts

Team Forss Realty Group License #01911091

Last Buyer's Agent

Justin Lee

Keller Williams San Diego Metro License #02027951

Keller Williams San Diego Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,643

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 2,218 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 36479
  • Assessor Parcel Number 919520017

Community Details

Overview

  • Nicholas Commons Association, Phone Number (951) 234-8911
  • Nicholas Heights HOA

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,643

Year Built

Built in 2018

Lot Details

0

HOA Fees

$249 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 919520017
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2218.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 322.36
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Security
  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • Association Name: Nicholas Commons
  • Phone: 951-234-8911
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs
  • Association Management: Nicholas Heights

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.18
  • Tax Lot: 66
  • Tax Tract Number: 36479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 30, 2021
Sold by
Suarez Regino Jose and Suarez Francesca Elizabeth
Bought by
Sumida Michelle Yoshie and Kennedy Roman
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
Justin Lee
Keller Williams San Diego Metro
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%
Current Estimated Value
$881,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,110
Avg. Annual Appreciation
5.18%
Original Mortgage
$720,192
Outstanding Balance
$655,172
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$225,938

Purchase Details

Closed on
Mar 13, 2020
Sold by
Suarez Regino Jose and Suarez Francesca Elizabeth
Bought by
Suarez Regino Jose and Suarez Francesca Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,022
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2019
Sold by
Lennar Homes Of California
Bought by
Suarez Regino Jose and Zuccola Francesca Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,974
Interest Rate
4.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Sumida Michelle Yoshie $715,000 Lawyers Title Company
Suarez Regino Jose -- None Available
Suarez Regino Jose $487,500 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumida Michelle Yoshie $720,192
Previous Owner Suarez Regino Jose $507,022
Previous Owner Suarez Regino Jose $495,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $715,000 0.0% $322 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/22/2021 06/22/21 Off Market $715,000 -- --
06/17/2021 06/17/21 Price Changed $690,000 -1.4% $311 / Sq Ft
06/09/2021 06/09/21 For Sale $700,000 -2.1% $316 / Sq Ft
06/07/2021 06/07/21 Off Market $715,000 -- --
06/03/2021 06/03/21 For Sale $700,000 -- $316 / 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 $8,643 $758,763 $79,590 $679,173
2023 $8,643 $729,300 $76,500 $652,800
2022 $10,259 $715,000 $75,000 $640,000
2021 $8,079 $502,268 $77,292 $424,976
2020 $7,707 $497,119 $76,500 $420,619
2019 $7,513 $438,788 $113,788 $325,000
2018 $1,538 $111,557 $111,557 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21119415

California Regional Multiple Listing Service (CRMLS)

APN: 919-520-017