NOT LISTED FOR SALE

40585 Gregg Way Temecula, CA 92592

Estimated Value: $1,602,425 - $2,226,000

5 Beds
6.5 Baths
5,615 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $1,070,000 $191 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,956/month

262 Days on Market

Highlights

  • Parking available for a boat
  • Guest House
  • Horse Property
  • Crowne Hill Elementary School Rated A-
  • Barn
  • Dance Studio

About This Home

As of April 2017

Temecula Wine Country with Heavenly Panoramic Views over-looking the entire valley and Lake Skinner below, the sunset and evening views are second to none from this estate and your guest will never want to leave. Situated on 11.06 acres with 5615 sq.ft, 5 bed & 7 bath (each bedroom has its own private bathroom) in the main home with hardwood & stone floors with a huge game/media room and a full bar for those that like to entertain. Chef's kitchen w/ island granite counter tops, walk-in pantry and new stainless steel appliances. Indoor Sauna & SPA/Jacuzzi with workout/gym room off the pool area. Mature landscaping, covered patio area by the pool, BBQ area w/ fire pit, putting green, this property also offers 3200 sq.ft 80' x 40' barn/garage for storage for RV -Boat -Toy Hauler - Heavy Equipment or "GROWERS BARN", run your business from here w/paved driveway to the facility. Approx 2600 sq.ft Non-permitted storage barn or outbuilding. There is also a FLAT GRADED PAD for a Tennis Court, Sports Court, horse barn, or another out building if needed. Endless opportunities = No HOA = Run your business from here, Car Collector's Garage... Run your Air B&B / VRBO from here in the Temecula Wine Country.4 x different Wells on this property and District Water supply. Huge Potential..!

Last Agent to Sell the Property

Scott Partridge

Realty ONE Group Southwest License #01336950 Listed on: 06/20/2016

Realty ONE Group Southwest

Last Buyer's Agent

Hemal Parekh

Lawton R.E. Services License #01280103

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 11.6 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Partially Fenced Property
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 15 Car Direct Access Garage
  • 20 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Parking Lot
  • Parking available for a boat
  • RV Garage

Property Views

  • Panoramic
  • City Lights
  • Vineyard
  • Pasture
  • Mountain
  • Hills
  • Valley

Home Design

  • Custom Home
  • Contemporary Architecture
  • Ranch Style House
  • Turnkey
  • Combination Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 5,615 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room with Fireplace
  • Recreation Room
  • Game Room
  • Dance Studio
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Sauna
  • Home Gym
  • Center Hall
  • Attic
  • Basement

Kitchen

  • Eat-In Galley Kitchen
  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Built-In Range
  • Indoor Grill
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessible Parking

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Outdoor Grill

Additional Homes

  • Two Homes on a Lot
  • Guest House

Farming

  • Barn
  • Agricultural

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 432
  • Assessor Parcel Number 915750041

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities
  • Service Entrance

Recreation

  • Horse Trails

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

15

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Country Road
  • Road Surface Type: Maintained, Paved, Unpaved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 915750041
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5615.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Two Story Ceilings, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Accessibility Features: 36 Inch Or More Wide Halls, Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Panel Doors, Service Entrance, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen, Separated
  • Fireplace Features: Bonus Room, Family Room, Living Room, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 190.56
  • Room Type: Attic, Basement, Bonus Room, Center Hall, Dance Studio, Den, Dressing Area, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Galley Kitchen, Game Room, Great Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Recreation, Retreat, Separate Family Room, Sun, Utility Room, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Gunite, Heated, Private
  • Window Features: Custom Covering, Double Pane Windows, Plantation Shutters, Shutters, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Combination, Slab
  • Other Structures: Barn(s), Guest House, Outbuilding, Sauna Private, Shed(s), Workshop, Storage, Two On A Lot
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills, Mountain(s), Panoramic, Pasture, Valley, Vineyard
  • Fence: Yes
  • Fencing: Average Condition, Partial
  • Patio And Porch Features: Concrete, Covered, Patio Open, Front Porch, Rear Porch, Slab, Stone
  • Pool Features: Private, In Ground, Fenced, Heated, Solar Heat, Gunite
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Glass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 15.00
  • Parking: Yes
  • Parking Features: Boat, Built-In Storage, Covered, Driveway, Circular Driveway, Auto Driveway Gate, Asphalt, Concrete, Garage, Direct Garage Access, Garage Faces Front, Garage Door Opener, Gated, Guest, On Site, Oversized, Parking Space, Private, RV Access/Parking, RV Covered, RV Garage, RV Gated, RV Potential, Workshop in Garage
  • Total Parking Spaces: 35.00
  • Uncovered Spaces: 20.00

Utilities

  • Utilities: Phone Connected, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Indoor Grill, Microwave, Recirculated Exhaust Fan, Refrigerator, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Zoned, Forced Air, Heat Pump
  • Laundry Features: Common Area, Individual Room, Inside, Laundry Chute
  • Sewer: Conventional Septic
  • Water Source: Public, Well
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Other, Back Yard, Cul-De-Sac, Front Yard, Horse Property, Landscaped, Lawn, Level with Street, Paved, Ranch, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 505296.00
  • Price Per Lot Square Foot: 2.39

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 432.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2018
Sold by
Intrakamheang Varee
Bought by
Primina Vineyard And Winery Llc
Current Estimated Value
$1,965,106

Purchase Details

Listed on
Jun 20, 2016
Closed on
Mar 23, 2017
Sold by
King Wende Jennifer and King James Stewart
Bought by
Intrakamheang Varee
Seller's Agent
Scott Partridge
Realty ONE Group Southwest
Buyer's Agent
Hemal Parekh
Lawton R.E. Services
List Price
$1,390,000
Sold Price
$1,070,000
Premium/Discount to List
-$320,000
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$424,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
King Wende Jennifer and Tarantino Wende
Bought by
King Wende Jennifer and King James Stewart

Purchase Details

Closed on
Mar 26, 2005
Sold by
Tarantino Vincent G and Tarantino Wende
Bought by
Tarantino Wende Jennifer and Tarantino Vincent Gerard

Purchase Details

Closed on
Nov 24, 1998
Sold by
Hansen Daniel and Hansen Marie
Bought by
Tarantino Vincent G and Tarantino Wende

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1996
Sold by
Temecula 93 Trust
Bought by
Hansen Daniel and Hansen Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1993
Sold by
Kinsley Edward C
Bought by
The Temecula 1993 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Primina Vineyard And Winery Llc -- None Available
Intrakamheang Varee $1,070,000 North American Title Company
King Wende Jennifer -- None Available
Tarantino Wende Jennifer -- --
Tarantino Vincent G $160,000 Stewart Title Company
Hansen Daniel $465,000 First American Title Ins Co
The Temecula 1993 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Intrakamheang Varee $424,000
Previous Owner Tarantino Vincent G $368,000
Previous Owner Hansen Daniel $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $1,070,000 -2.6% $191 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/09/2017 02/09/17 Price Changed $1,099,000 -9.2% $196 / Sq Ft
08/31/2016 08/31/16 Price Changed $1,210,000 -12.9% $215 / Sq Ft
06/20/2016 06/20/16 For Sale $1,390,000 0.0% $248 / Sq Ft
03/01/2012 03/01/12 Rented $6,500 0.0% --
02/28/2012 02/28/12 Under Contract -- -- --
10/05/2011 10/05/11 For Rent $6,500 -- --
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 $20,277 $1,370,644 $301,749 $1,068,895
2023 $20,277 $1,317,423 $290,033 $1,027,390
2022 $19,748 $1,291,593 $284,347 $1,007,246
2021 $19,490 $1,266,269 $278,772 $987,497
2020 $19,541 $1,253,286 $275,914 $977,372
2019 $19,333 $1,228,712 $270,504 $958,208
2018 $19,069 $1,204,620 $265,200 $939,420
2017 $13,118 $635,626 $256,643 $378,983
2016 $12,985 $623,163 $251,611 $371,552
2015 $14,402 $613,805 $247,833 $365,972
2014 $14,954 $601,783 $242,979 $358,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16133418

California Regional Multiple Listing Service (CRMLS)

APN: 915-750-041