NOT LISTED FOR SALE

40945 Watts Rd Temecula, CA 92592

Estimated Value: $1,070,000 - $1,578,000

6 Beds
5 Baths
4,580 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $770,000 $168 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,463/month

26 Days on Market

Highlights

  • Horse Property Unimproved
  • RV Access or Parking
  • Wood Flooring
  • In Ground Pool
  • Mountain View
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2019

Seller's motivated! Bring us an offer today! This beautiful single story home is on 4.37 rolling and usable acres with mountain and valley views that go on forever. Perfect for the buyer that wants privacy and to be out away from it all. This property has RV parking and hookups, 2 stall barn that could be used for horses or whatever farm animals you would like to have. Three car garage includes 1 car pull through. Inside the home is loaded with upgrades including, beautiful birch hardwood floors throughout, custom crown molding and baseboards, granite countertops in the kitchen and bathrooms, in-law suite with separate entrance. All rooms in this home are oversized and the floorplan flows throughout. It's a must see and too many upgrades to list them all! Be ready to entertain in this gorgeous backyard including, pool with a swim up bar and large reef step for sunning. Enjoy your evenings under the stars in the spa after barbecuing on your custom built in barbecue with a Kegerator. It also includes solar that is paid for to keep your electric bills to a minimum and a well with high efficiency pump and 3 separate 5000 gallon water tanks. Located just minutes from the beautiful Temecula wineries.

Last Agent to Sell the Property

Gena Elfelt

Coldwell Banker Realty License #01240669 Listed on: 11/05/2018

Coldwell Banker Realty

Last Buyer's Agent

LORI CHIODINI

COLDWELL BANKER ENVISION License #02046920

COLDWELL BANKER ENVISION

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 4.37 Acre Lot
  • Property fronts a private road
  • Kennel
  • Vinyl Fence
  • Sprinklers on Timer
  • Density is 2-5 Units/Acre
  • Property is zoned R-A-5

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • RV Access or Parking

Property Views

  • Mountain
  • Hills
  • Valley

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 4,580 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Awning
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Shed
  • Rain Gutters

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Well
  • Tankless Water Heater
  • Water Purifier
  • Conventional Septic
  • Phone Connected
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 915710019

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road, Private Road
  • Road Surface Type: Unpaved
  • View: Yes
  • Zoning: R-A-5
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 915710019
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4580.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 168.12
  • Room Type: Master Bedroom, Walk-In Pantry
  • Spa Features: Above Ground
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Kennel, Rain Gutters, Satellite Dish
  • View: Hills, Mountain(s), Valley
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, RV Access/Parking, RV Hook-Ups
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Phone Available, Phone Connected, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Tankless Water Heater, Trash Compactor, Vented Exhaust Fan, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property Unimproved, Rocks, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 190357.20
  • Lot Size Acres: 4.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4.3700 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: CUSTOM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 3, 2019
Sold by
Chiodini Lori J
Bought by
Chiodini Christopher L
Seller's Agent
Gena Elfelt
Coldwell Banker Realty
Buyer's Agent
LORI CHIODINI
COLDWELL BANKER ENVISION
List Price
$779,000
Sold Price
$770,000
Premium/Discount to List
-$9,000
-1.16%
Current Estimated Value
$1,285,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,167
Avg. Annual Appreciation
7.53%
Original Mortgage
$600,000
Outstanding Balance
$524,454
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$760,713

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 5, 2018
Sold by
Erwin Todd C and Erwin Fonda Y
Bought by
Chiodini Christopher L
Seller's Agent
Gena Elfelt
Coldwell Banker Realty
Buyer's Agent
LORI CHIODINI
COLDWELL BANKER ENVISION
List Price
$779,000
Sold Price
$770,000
Premium/Discount to List
-$9,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$524,454
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$760,713

Purchase Details

Closed on
Oct 14, 2015
Sold by
Mad Dog Land & Cattle Company Trust
Bought by
The Todd C Erwin & Fonda Y Erwin Living

Purchase Details

Closed on
Jul 31, 2013
Sold by
Erwin Todd and Erwin Fonda Y
Bought by
Erwin Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2013
Sold by
Erwin Todd
Bought by
Erwin Todd and Erwin Fonda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2011
Sold by
Degn Richard
Bought by
Erwin Todd

Purchase Details

Closed on
Aug 7, 2008
Sold by
Degn Rebecca Ann
Bought by
Degn Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Degn Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Shields Peter J and Shields Cynthia M
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 20, 2007
Sold by
Shields Peter J and Shields Cynthia M
Bought by
The Alan Howard Rifkin Trust

Purchase Details

Closed on
Jun 14, 2004
Sold by
Spellen Carol
Bought by
Shields Peter J and Shields Cynthia M

Purchase Details

Closed on
Jan 16, 2004
Sold by
Davidson Terry and Davidson Leslie J
Bought by
Spellen Carol

Purchase Details

Closed on
Nov 20, 2002
Sold by
Feldman Mitchell S and Feldman Kolleen V
Bought by
Davidson Terry and Davidson Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1994
Sold by
Swann Elizabeth Anne and Feldman Mitchell S
Bought by
Feldman Mitchell S and Feldman Kolleen
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Chiodini Christopher L -- Priority Title
Chiodini Christopher L $770,000 Priority Title
The Todd C Erwin & Fonda Y Erwin Living -- None Available
Erwin Todd -- Stewart Title Of California
Erwin Todd -- Stewart Title Of California
Erwin Todd -- Stewart Title Of California
Erwin Todd $566,500 Chicago Title Inland Empire
Degn Richard -- First American Title Company
Degn Richard $545,000 First American Title Company
Deutsche Bank National Trust Co -- First American Title Company
Deutsche Bank National Trust Co $825,157 Accommodation
The Alan Howard Rifkin Trust $130,801 None Available
Shields Peter J $157,000 Ticor Title San Bernardino
Spellen Carol $74,000 Orange Coast Title Company
Davidson Terry $42,000 New Century Title Company
Feldman Mitchell S $98,727 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiodini Christopher L $600,000
Previous Owner Erwin Todd $50,000
Previous Owner Erwin Todd $75,000
Previous Owner Degn Richard $490,500
Previous Owner Davidson Terry $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $770,000 -1.2% $168 / Sq Ft
11/05/2018 11/05/18 For Sale $779,000 -- $170 / 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 $9,465 $858,945 $223,101 $635,844
2023 $9,465 $825,593 $214,439 $611,154
2022 $9,183 $809,406 $210,235 $599,171
2021 $9,029 $793,536 $206,113 $587,423
2020 $8,901 $785,400 $204,000 $581,400
2019 $8,522 $753,917 $219,780 $534,137
2018 $8,252 $739,135 $215,472 $523,663
2017 $14,561 $724,644 $211,248 $513,396
2016 $14,500 $710,436 $207,106 $503,330
2015 $14,486 $699,766 $203,996 $495,770
2014 $13,867 $664,000 $200,000 $464,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18266487

California Regional Multiple Listing Service (CRMLS)

APN: 915-710-019

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