NOT LISTED FOR SALE

Estimated Value: $7,482,941

1 Bed
1 Bath
582 Sq Ft
$12,857/Sq Ft Est. Value

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Central Air
  • Margarita Middle School Rated A-
  • Laundry Room
  • 4-minute walk to Town Square Park

About This Home

As of February 2020

Lovely 1-bedroom apartment located in the heard of Old Town Temecula. Close by excellent nightlife, this apartment is located just off Main St behind Luke's. This apartment comes complete with fridge, communal washer/dryers, and private patio overlooking the creek bed. Apartment is located on the 2nd story with interior courtyard, truly a hidden oasis! This unit is rent controlled by city, and tenant approval is based on household size and income. One designated Parking spot in gated parking area. Please call us for details. Available March 19th.

Last Agent to Rent the Property

Kristin Schlansky

CALIFORNIA REALTY GROUP INC. License #01901518 Listed on: 02/07/2020

Last Renter's Agent

Kristin Schlansky

CALIFORNIA REALTY GROUP INC. License #01901518 Listed on: 02/07/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $79,417

Year Built

  • Built in 2010

Lot Details

  • 0.52 Acre Lot
  • 1 Common Wall
  • Density is 36-40 Units/Acre

Home Design

  • 582 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $1,000
  • 12-Month Minimum Lease Term
  • Available 3/19/20
  • Legal Lot and Block 1 / 29
  • Tax Tract Number 1
  • Assessor Parcel Number 922046012

Community Details

Overview

  • No Home Owners Association
  • 32 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$79,417

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-03-19
  • Credit Check Paid By: Tenant
  • Deposit Security: 1000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: C1
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 922046012
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 582.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.30
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 22651.0000 Square Feet
  • Management Co: California Realty Group, Inc
  • Management Co Phone: 951-506-9683
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 512.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Fi Adco 16 Llc
Bought by
Fi Third Street 34 Lp
Current Estimated Value
$7,482,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,755,000
Outstanding Balance
$4,123,605
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$3,359,336

Purchase Details

Closed on
Mar 29, 2021
Sold by
Warehouse At Creekside Lp
Bought by
F1 Adcd 16 Llc and F1 Third Street 34 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,755,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
The Warehouse At Creekside Llc
Bought by
The Warehouse At Creekside Lp

Purchase Details

Closed on
May 29, 2008
Sold by
Old Town Third Street Llc
Bought by
The Warehouse At Creekside Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Nakai Mary Patricia
Bought by
Old Town Renaissance Ventures Ii Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Nakai Mary Patricia
Bought by
Nakai Mary Patricia

Purchase Details

Closed on
Sep 14, 2001
Sold by
Talley Mary Theresa
Bought by
Nakai Mary Patricia
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
Fi Third Street 34 Lp -- Fidelity National Title
Fi Third Street 34 Lp -- Fidelity National Title
Fi Third Street 34 Lp -- Fidelity National Title
Fi Third Street 34 Lp -- Fidelity National Title
F1 Adcd 16 Llc $7,000,000 Fidelity National Title
F1 Adcd 16 Llc $7,000,000 Fidelity National Title
The Warehouse At Creekside Lp -- Lawyers Title Company
The Warehouse At Creekside Lp -- Lawyers Title Company
The Warehouse At Creekside Llc -- First American Title Company
Old Town Third Street Llc -- First American Title Company
The Warehouse At Creekside Llc -- First American Title Company
Old Town Third Street Llc -- First American Title Company
Old Town Renaissance Ventures Ii Llc $999,000 Stewart Title Riverside
Old Town Renaissance Ventures Ii Llc $999,000 Stewart Title Riverside
Nakai Mary Patricia -- --
Nakai Mary Patricia -- --
Nakai Mary Patricia -- --
Talley Mary Theresa -- --
Nakai Mary Patricia -- --
Talley Mary Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fi Third Street 34 Lp $4,755,000
Closed Fi Third Street 34 Lp $4,755,000
Previous Owner F1 Adcd 16 Llc $4,755,000
Previous Owner The Warehouse At Creekside Llc $7,700,000
Previous Owner The Warehouse At Creekside Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Rented $758 0.0% --
02/07/2020 02/07/20 For Rent $758 -- --
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 $79,417 $7,428,454 $1,379,569 $6,048,885
2023 $79,417 $7,140,000 $1,326,000 $5,814,000
2022 $9,627 $4,271,310 $1,255,558 $3,015,752
2021 $9,447 $4,187,560 $1,230,940 $2,956,620
2020 $9,363 $4,144,623 $1,218,319 $2,926,304
2019 $9,214 $4,063,357 $1,194,431 $2,868,926
2018 $45,640 $3,983,684 $1,171,011 $2,812,673
2017 $44,840 $3,905,573 $1,148,050 $2,757,523
2016 $43,920 $3,828,994 $1,125,540 $2,703,454
2015 $43,171 $3,771,482 $1,108,635 $2,662,847
2014 $41,919 $3,697,606 $1,086,919 $2,610,687
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20028053

California Regional Multiple Listing Service (CRMLS)

APN: 922-046-012