NOT LISTED FOR SALE

40595 Alder Ct Temecula, CA 92591

Estimated Value: $786,275 - $870,000

4 Beds
2 Baths
2,218 Sq Ft
$378/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $551,000 $248 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,223/month

90 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • Granite Countertops
  • Nicolas Valley Elementary School Rated A-
  • Main Floor Bedroom
  • Double Oven

About This Home

As of November 2018

Beautiful new single story home in Temecula’s exclusive gated community of Nicolas Heights IS READY FOR YOU AND YOUR FAMILY TO MOVE-IN!
Residence One at Nicolas Heights is a quaint single-story home featuring 2,218 square feet of living space, 4 bedrooms, 3 bathrooms, 3-bay split garage and tankless water heater. This floorplan features a beautiful space for entertaining guests with an open gourmet kitchen, dining room and great room with fireplace. The kitchen comes complete with stainless steel appliances, granite or quartz countertops, walk-in pantry and upgraded cabinetry. This area of the home also features a coat closet, perfect for guests.
The bedrooms of Residence One are all down one hallway. The master suite located near the back of the home features a spacious bedroom, walk-in closet with built-in shoe rack and full bathroom complete with dual sinks and luxurious soaking tub. The secondary bedrooms are located near the secondary bathroom that’s complete with dual sinks and combo bath-shower. The laundry room comes with built-in linen cabinets and is conveniently located near the bathrooms.Just minutes from the Promenade Mall, Trader Joe’s and Costco. This home is 100% wifi certified and has voice activated home automation included. Energy efficient features include tankless water heater, solar panel discounts and Ge energy star stainless steel appliances.

Last Agent to Sell the Property

Mark Schultz

Mark Schultz, Broker License #00904136 Listed on: 08/01/2018

Last Buyer's Agent

Mark Schultz

Mark Schultz, Broker License #00904136 Listed on: 08/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,716 Sq Ft Lot
  • Vinyl Fence
  • Level Lot
  • Front Yard Sprinklers

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,218 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Nicolas Valley Elementary School
  • James Day Middle School
  • Chaparral High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 31597

Community Details

Overview

  • Nicolas Heights Association
  • Built by Lennar
  • Residence 1

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$249 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 951-234-8912
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Gated Community
  • Subdivision Name Other: Nicolas
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2218.00 Square Feet
  • Interior Amenities: Granite Counters
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 248.42
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Lennar
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air, Natural Gas, Solar
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Dues Paid Monthly
  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • Association Name: Nicolas Heights
  • Phone: 5555555555
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Temecula Unified
  • Elementary School: Nicolas Valley
  • Middle School: James Day
  • High School: Chaparral
  • Elementary School: Nicolas Valley
  • High School: Chaparral
  • Middle Or Junior School: James Day
  • Elementary School #2: NICVAL
  • High School2: CHAPAR2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 6716.00
  • Lot Size Acres: 0.1542

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6716.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract: Nicolas Heights
  • Tax Tract Number: 31597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 10, 2018
Sold by
Lennar Homes Of California Inc
Bought by
Plebani Marcos G and Plebani Shari L
Seller's Agent
Mark Schultz
Mark Schultz, Broker
Buyer's Agent
Mark Schultz
Mark Schultz, Broker
List Price
$551,211
Sold Price
$551,000
Premium/Discount to List
-$211
-0.04%
Current Estimated Value
$838,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,569
Avg. Annual Appreciation
6.69%
Original Mortgage
$209,187
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Plebani Marcos G $509,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plebani Marcos G $204,120
Closed Plebani Marcos G $209,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $551,000 0.0% $248 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $551,211 -- $249 / 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 $6,552 $380,584 $97,165 $283,419
2023 $6,552 $365,807 $93,393 $272,414
2022 $6,521 $358,635 $91,562 $267,073
2021 $6,472 $351,604 $89,767 $261,837
2020 $6,420 $348,000 $88,847 $259,153
2019 $6,705 $341,177 $87,105 $254,072
2018 $4,021 $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: SW18185356

California Regional Multiple Listing Service (CRMLS)

APN: 919-520-011