NOT LISTED FOR SALE

40875 Parado Del Sol Dr Temecula, CA 92592

Estimated Value: $1,125,000 - $1,702,000

4 Beds
3.5 Baths
4,032 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $765,000 $190 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $8,023/month

20 Days on Market

Highlights

  • Barn
  • Horse Property
  • RV Access or Parking
  • Crowne Hill Elementary School Rated A-
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of October 2019

How rare do we get a GREAT FLIP opportunity these days ? This is an investor dream buy in Temecula Wine Country!! 4032 sf w/ a GREAT possible ROI on this 2.37 acres with pool, small barn w/ 2 paddocks & arena!! The original owner spared no expense & loved this home back when they built and occupied it but it's ready for a new owner to make it beautiful again or an investor to make it special for the next equestrians dream property! There is a pool, patio cover, formal rooms and a huge bonus room off of the garage. This property has had alot of love over the years and really needs someone to give it some love again. Located in the exclusive Glen Oak Hills Equestrian community in Temecula wine country. This home has views of mountains, hills and what seems like miles of vineyards!

Last Agent to Sell the Property

Goran Forss

Team Forss Realty Group License #01711806 Listed on: 08/01/2019

Co-Listed By

Lisa Forss

Team Forss Realty Group License #01362594

Last Buyer's Agent

Karla Noble

Coldwell Banker Realty License #01324839

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 2.37 Acre Lot
  • Rural Setting
  • Fenced
  • Needs Fence Repair
  • Paved or Partially Paved Lot
  • Property is zoned R-A-2 1/2

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • RV Access or Parking

Property Views

  • Panoramic
  • Vineyard
  • Pasture
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Fixer Upper

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Outdoor Features

  • In Ground Pool
  • Horse Property

Farming

  • Barn
  • Agricultural

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Additional Features

  • Property is near park
  • Horse Property Improved

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 4240
  • Assessor Parcel Number 927240028

Community Details

Overview

  • Glen Oak Hills Association, Phone Number (951) 699-2918
  • Glen Oaks HOA
  • Mountainous Community

Amenities

  • Picnic Area

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

2.37 Acres

HOA Fees

$43 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-2 1/2
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 927240028
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4032.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 189.73
  • Room Type: All Bedrooms Down, Bonus Room, Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Other Structures: Barn(s)
  • View: Hills, Mountain(s), Neighborhood, Panoramic, Pasture, Vineyard
  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front, Private, RV Access/Parking, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 130.00
  • Association Fee Frequency: Quarterly
  • Association Name: Glen Oak Hills
  • Phone: 9516992918
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Rural
  • Association Management: Glen Oaks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Park Nearby, Paved
  • Lot Size Sq Ft: 103237.00
  • Lot Size Acres: 2.3700
  • Latitude Manual: 33.53082100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 103237.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.39
  • Tax Lot: 36
  • Tax Tract Number: 4240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 16, 2019
Sold by
Walker Whitney
Bought by
Emery Laura T and Emery James A
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
Karla Noble
Coldwell Banker Realty
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Current Estimated Value
$1,410,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,583
Avg. Annual Appreciation
10.82%
Original Mortgage
$612,000
Outstanding Balance
$534,958
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$933,765

Purchase Details

Closed on
Nov 8, 2017
Sold by
Walker Barbara A
Bought by
Walker Barbara A

Purchase Details

Closed on
Jul 9, 2015
Sold by
Walker Richard K
Bought by
Walker Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.01%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 5, 1997
Sold by
Walker Richard K and Walker Barbara A
Bought by
Walker Richard K and Walker Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Emery Laura T $765,000 Lawyers Title Ie
Walker Barbara A -- None Available
Walker Barbara A -- Wfg National Title Company
Walker Richard K -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emery Laura T $612,000
Previous Owner Walker Barbara A $938,250
Previous Owner Walker Richard K $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2019 10/10/19 Sold $765,000 +2.0% $190 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $750,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,634 $836,634 $82,021 $754,613
2023 $8,634 $804,148 $78,837 $725,311
2022 $8,388 $788,382 $77,292 $711,090
2021 $8,223 $772,925 $75,777 $697,148
2020 $8,152 $765,000 $75,000 $690,000
2019 $5,058 $467,824 $70,829 $396,995
2018 $4,964 $458,652 $69,441 $389,211
2017 $4,875 $449,660 $68,080 $381,580
2016 $4,773 $440,845 $66,746 $374,099
2015 $4,759 $434,226 $65,745 $368,481
2014 $4,619 $425,722 $64,458 $361,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19185802

California Regional Multiple Listing Service (CRMLS)

APN: 927-240-028

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