NOT LISTED FOR SALE

40980 Promenade Chardonnay Hills Temecula, CA 92591

Chardonnay Hills Neighborhood

Estimated Value: $697,000 - $836,000

4 Beds
3 Baths
1,972 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $440,000 $223 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,752/month

4 Days on Market

Highlights

  • Above Ground Spa
  • Updated Kitchen
  • Clubhouse
  • Margarita Middle School Rated A-
  • Open Floorplan
  • 4-minute walk to Chardonnay Hills Community Park

About This Home

As of November 2017

This charming and recently upgraded home, located in the highly sought after community of Chardonnay Hills is sure to please! As you enter this gorgeous home, you are greeted by cathedral ceilings into the formal living and dining rooms, and features crown molding throughout. The plantation shutters are sure to grab your attention and the brand new paint throughout is suitable for any taste. The kitchen features BRAND NEW granite countertops, gorgeous coordinating subway tile, stainless steel appliances and opens up to the family room complete with built in shelving and a fireplace for those cozy nights. You will notice a beautiful custom dry bar complete with a wine refrigerator perfect for entertaining. A spacious laundry room is located downstairs next to a bathroom complete with shower. The 3 car garage features plenty of built in storage. As you head upstairs, you will notice 4 spacious bedrooms as well as 2 full bathrooms. A whole house fan and ceiling fans in every room keep the house cool and the electricity bill low. The private backyard features mature trees, artificial turf, a covered patio, built in BBQ, above ground jacuzzi and a fire pit. The association features 2 pools, tennis and basketball courts, BBQ area, walking trails, and playgrounds for your enjoyment. Being central to shopping, schools, and just MINUTES from Temecula's award winning wineries, you won't want to miss it!

Last Agent to Sell the Property

Victoria Lent

License #02006403 Listed on: 10/16/2017

Co-Listed By

Joshua Lent

NON-MEMBER/NBA or BTERM OFFICE License #02006464

Last Buyer's Agent

Bob Russo

Realty Masters & Associates License #00545858

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1996

Lot Details

  • 6,098 Sq Ft Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Three Garage Doors

Home Design

  • Turnkey

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park
  • Suburban Location

Schools

  • Rancho Elementary School
  • Margarita Middle School
  • Temecula Valley High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 23101
  • Assessor Parcel Number 953314012

Community Details

Overview

  • Chardonnay Hills HOA, Phone Number (951) 699-2918

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,839

Year Built

Built in 1996

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Jacuzzi, shelving, potted plants, fountain, camera system
  • Other Phone Description: Josh Lent
  • Other Phone Number: 9512901547
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Chardonnay Hills
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 953314012
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1972.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 223.12
  • Room Type: All Bedrooms Up, Attic, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Above Ground, Community, Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Biking Trails, Clubhouse, Dues Paid Monthly
  • Association Fee: 110.00
  • Association Fee Frequency: Monthly
  • Association Name: Chardonnay Hills HOA
  • Phone: (951) 699-2918
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Temecula Unified
  • Elementary School: Rancho
  • Middle School: Margarita
  • High School: Temecula Valley
  • Elementary School: Rancho
  • High School: Temecula Valley
  • Middle Or Junior School: Margarita
  • Elementary School #2: RANCHO2
  • High School2: TEMVAL2

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Gentle Sloping, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 6098.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.67
  • Tax Lot: 100
  • Tax Tract Number: 23101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Oct 29, 2017
Sold by
Thompson Kyle and Thompson Samantha J
Bought by
Horton Ryan M and Horton Kristin C
Seller's Agent
Victoria Lent
Buyer's Agent
Bob Russo
Realty Masters & Associates
List Price
$438,800
Sold Price
$440,000
Premium/Discount to List
$1,200
0.27%
Current Estimated Value
$762,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,477
Avg. Annual Appreciation
7.33%
Original Mortgage
$418,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Johnson Steven S and Johnson Carrie Ann
Bought by
Thompson Kyle and Thompson Samantha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 29, 2015
Sold by
Johnson Steven S and Johnson Carrie Ann
Bought by
Johnson Family Trust
Seller's Agent
Ken Hall
Abundance Real Estate
Buyer's Agent
Nicole Cronin-Rhodes
Realty ONE Group Southwest
List Price
$385,000
Sold Price
$400,500
Premium/Discount to List
$15,500
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Sep 22, 2015
Sold by
Fernandez Michael A and Fernandez Pauline T
Bought by
Johnson Steven S and Johnson Carrie Ann
Seller's Agent
Ken Hall
Abundance Real Estate
Buyer's Agent
Nicole Cronin-Rhodes
Realty ONE Group Southwest
List Price
$385,000
Sold Price
$400,500
Premium/Discount to List
$15,500
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1996
Sold by
Bci Ccl Vntr 1 Lp
Bought by
Fernandez Michael A and Fernandez Pauline T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,758
Interest Rate
8.32%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Horton Ryan M $440,000 Fidelity National Title Ie
Thompson Kyle -- Lawyers Title
Johnson Family Trust -- None Available
Johnson Steven S $400,500 Stewart Title
Fernandez Michael A $143,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Ryan M $402,000
Closed Horton Ryan M $418,000
Previous Owner Thompson Kyle $315,000
Previous Owner Gregory Joanne L $213,500
Previous Owner Johnson Steven S $320,400
Previous Owner Fernandez Michael A $122,486
Previous Owner Fernandez Michael A $55,000
Previous Owner Fernandez Michael A $319,000
Previous Owner Fernandez Michael A $100,000
Previous Owner Fernandez Michael A $80,000
Previous Owner Fernandez Michael A $204,278
Previous Owner Fernandez Michael A $39,000
Previous Owner Fernandez Michael A $203,768
Previous Owner Fernandez Michael A $196,318
Previous Owner Fernandez Michael A $143,608
Previous Owner Fernandez Michael A $33,000
Previous Owner Fernandez Michael A $145,758
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $440,000 +0.3% $223 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $438,800 +9.6% $223 / Sq Ft
11/20/2015 11/20/15 Sold $400,500 +4.0% $203 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $385,000 -- $195 / 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 $5,839 $500,640 $102,402 $398,238
2023 $5,839 $481,202 $98,427 $382,775
2022 $5,659 $471,768 $96,498 $375,270
2021 $5,540 $462,518 $94,606 $367,912
2020 $5,479 $457,776 $93,636 $364,140
2019 $5,398 $448,800 $91,800 $357,000
2018 $5,291 $440,000 $90,000 $350,000
2017 $4,899 $408,039 $71,284 $336,755
2016 $4,804 $400,039 $69,887 $330,152
2015 $2,480 $193,629 $47,418 $146,211
2014 $2,402 $189,838 $46,490 $143,348
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17239417

California Regional Multiple Listing Service (CRMLS)

APN: 953-314-012