NOT LISTED FOR SALE

40547 Koa Ct Temecula, CA 92591

Estimated Value: $833,683 - $934,000

4 Beds
3 Baths
2,421 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $722,500 $298 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,897/month

12 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Cathedral Ceiling
  • Nicolas Valley Elementary School Rated A-
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of June 2021

BEAUTIFUL SINGLE STORY VIEW, VIEW VIEW HOME, INTIMATE, ONLY 83 HOMES IN THIS PRIVATE GATED COMMUNITY OF NICOLAS HEIGHTS. THE VIEW OVERLOOKS NORTH TEMECULA AND THE SANTA ROSA PLATEAU WITH BEAUTIFUL SUNSETS. PAID IN FULL SOLAR. THE HOME FEATURES AN ENLARGED 4TH BEDROOM WITH EN-SUITE BATH AND WALK-IN CLOSET THAT COULD EASILY BE A 2ND MASTER OR PERFECT IN-LAW SUITE. DID I MENTION " PAID IN FULL SOLAR", CUSTOM VINYL SHUTTERS THROUGH OUT, TANKLESS WATER HEATER, MINUTES TO THE WINERIES, QUIET COOL WHOLE HOUSE FAN, SUPERIOR SMART HOME AUTOMATION FEATURES, DUAL GLAZED VINYL WINDOWS, DOUBLE OVEN, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOPS, SENSOR FAUCET IN THE KITCHEN, UPGRADED FLOORING, AND RAIN GUTTERS. THERE IS AN OUTDOOR REFRIGERATOR AND BUILT IN BULL BBQ AND BAR. THIS HOME IS LIKE NEW, HARDLY LIVED IN. ASSOCIATION INCLUDES A SPLASH PAD, CLOSE TO LOCAL PARKS, SHOPPING AND WALKING TRAILS. VERY MODERN OPEN CONCEPT LIVING. IF YOU THINK THE HOA IS TOO EXPENSIVE? CONSIDER THE TAXES ARE LOWER THAN MOST NEW HOMES IN TEMECULA, THERE IS STILL THE NEW HOME GUARANTEE IN PLACE AND NO OR VERY LITTLE ELECTRIC BILL. PLUS A GATED COMMUNITY.

Last Agent to Sell the Property

Marie Cruz

Alta Realty Group CA, Inc. License #01405776 Listed on: 05/03/2021

Alta Realty Group CA, Inc.

Last Buyer's Agent

Catherine Adair

Coldwell Banker Realty License #01374153

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,966

Year Built

  • Built in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Vinyl Fence
  • Density is up to 1 Unit/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Attached Carport Spaces
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 2,421 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Smart Home
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 36479
  • Assessor Parcel Number 919520025

Community Details

Overview

  • Nicholas Heights Association, Phone Number (888) 213-1794

Recreation

  • Water Sports

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,966

Year Built

Built in 2018

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Architectural Style: Contemporary, Spanish
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 919520025
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2421.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Home Automation System, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 298.43
  • Room Type: All Bedrooms Down
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Patio Open, Slab
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Self Cleaning Oven, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Controlled Access
  • Association Fee: 249.50
  • Association Fee Frequency: Monthly
  • Association Name: Nicholas Heights
  • Phone: 888-213-1794
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Watersports, Street Lights, Suburban
  • Association Management: Nicholas Heights

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.18
  • Tax Lot: 74
  • Tax Tract Number: 36479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
May 21, 2021
Sold by
Reed Samuel J
Bought by
Wong Travis
Seller's Agent
Marie Cruz
Alta Realty Group CA, Inc.
Buyer's Agent
Catherine Adair
Coldwell Banker Realty
List Price
$699,000
Sold Price
$722,500
Premium/Discount to List
$23,500
3.36%
Current Estimated Value
$896,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,671
Avg. Annual Appreciation
5.17%
Original Mortgage
$614,125
Outstanding Balance
$557,223
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$338,948

Purchase Details

Closed on
Feb 19, 2019
Sold by
Lennar Homes Of California Inc
Bought by
Reed Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,540
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wong Travis $722,500 Orange Coast Title
Reed Samuel J $500,000 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Travis $614,125
Previous Owner Reed Samuel J $475,500
Previous Owner Reed Samuel J $474,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $722,500 -0.3% $298 / Sq Ft
05/11/2021 05/11/21 Price Changed $725,000 +3.7% $299 / Sq Ft
05/03/2021 05/03/21 For Sale $699,000 -- $289 / 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 $10,966 $782,056 $194,837 $587,219
2023 $10,966 $751,689 $187,272 $564,417
2022 $10,812 $736,950 $183,600 $553,350
2021 $8,150 $514,783 $77,292 $437,491
2020 $7,836 $509,506 $76,500 $433,006
2019 $7,512 $438,788 $113,788 $325,000
2018 $1,531 $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: SW21092981

California Regional Multiple Listing Service (CRMLS)

APN: 919-520-025