NOT LISTED FOR SALE

42040 Southern Hills Dr Temecula, CA 92591

Margarita Village-Temeku Hills Neighborhood

Estimated Value: $765,254 - $823,000

4 Beds
3 Baths
2,584 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 42040 Southern Hills Dr, Temecula, CA 92591 and is currently estimated at $793,564, approximately $307 per square foot. 42040 Southern Hills Dr is a home located in Riverside County with nearby schools including Vintage Hills Elementary School, Margarita Middle School, and Temecula Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Palmer Paul E and Palmer Mary Anne
Bought by
Palmer Paul E and Palmer Mary Anne
Current Estimated Value
$793,564

Purchase Details

Closed on
Nov 14, 2011
Sold by
Palmer Paul E and Palmer Mary Anne
Bought by
Palmer Paul E and Palmer Mary Anne

Purchase Details

Closed on
Aug 15, 2003
Sold by
Palmer Paul E
Bought by
Palmer Paul E and Palmer Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1999
Sold by
M-A Temeku Hills Development Llc
Bought by
Palmer Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,760
Interest Rate
6.98%
Mortgage Type
VA

Purchase Details

Closed on
Jan 28, 1999
Sold by
Palmer Mary Anne
Bought by
Palmer Paul E
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Palmer Paul E -- None Available
Palmer Paul E -- None Available
Palmer Paul E -- Orange Coast Title Co
Palmer Paul E $192,000 First American Title Co
Palmer Paul E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Paul E $212,965
Closed Palmer Paul E $217,259
Closed Palmer Paul E $56,500
Closed Palmer Paul E $56,000
Closed Palmer Paul E $232,500
Closed Palmer Paul E $236,606
Closed Palmer Paul E $197,760
Source: Public Records

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 $3,726 $300,968 $70,533 $230,435
2023 $3,726 $289,283 $67,795 $221,488
2022 $3,605 $283,612 $66,466 $217,146
2021 $3,526 $278,052 $65,163 $212,889
2020 $3,486 $275,202 $64,495 $210,707
2019 $3,433 $269,807 $63,231 $206,576
2018 $3,362 $264,518 $61,992 $202,526
2017 $3,300 $259,332 $60,777 $198,555
2016 $3,238 $254,248 $59,586 $194,662
2015 $3,179 $250,431 $58,692 $191,739
2014 $3,082 $245,528 $57,544 $187,984
Source: Public Records

Map

California Riverside County Temecula 92591 Margarita Village-Temeku Hills

42040 Southern Hills Dr, Temecula, CA

This home is located at 42040 Southern Hills Dr, Temecula, CA 92591 and is currently estimated at $793,564, approximately $307 per square foot. 42040 Southern Hills Dr is a home located in Riverside County with nearby schools including Vintage Hills Elementary School, Margarita Middle School, and Temecula Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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