NOT LISTED FOR SALE

42355 Chaparral Dr Temecula, CA 92592

Estimated Value: $1,484,000 - $1,713,000

5 Beds
5.5 Baths
3,537 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $1,450,000 $410 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,102/month

129 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • Two Primary Bedrooms
  • Crowne Hill Elementary School Rated A-
  • RV Garage
  • Panoramic View

About This Home

As of October 2024

** Huge price reduction ** Panoramic Views, 1500 SQF warehouse/RV garage with potential for ADU, 5 bedrooms, 5.5 baths, low maintenance, potential for short-term rental. The upper floor features individually rentable bedrooms with direct access from the front entrance, while the main floor provides a complete array of amenities. Enjoy 360-degree views of Temecula Wine Country overlooking the vineyard of the Leoness Winery, with incredible sunsets, city lights, and hot air balloons in the prestigious community of GlenOak Hills. It boasts 3,537 SQF with a very bright split-level with most of the living areas and the primary bedroom on the main floor. A well-appointed family room with vaulted ceilings, wood flooring, media niches, and a fireplace. The gourmet kitchen has stainless steel appliances, granite counters, and stunning views. The gorgeous formal dining area is open to the kitchen. The estate boasts two luxurious primary suites, one on the main level with breathtaking views, a walk-in closet, and a bathroom with a shower and tub. The upper floor provides complete privacy from the main floor. It has a large second primary bedroom and three additional bedrooms, all with en-suite baths, which can be accessed directly from the main entrance. It offers a unique feature of generating rental income, two bedrooms are presently rented out, and one tenant is interested in staying. Excellent chance to supplement income. One bedroom is converted into a kitchenette, providing added convenience for tenants or extended family members. A 1500-square-foot RV garage/warehouse with skylights, two roll-up doors, windows, industrial racks, and a detached office space. The warehouse could be easily converted into an ADU. Two separate outdoor areas offer endless possibilities for hosting large gatherings on the spacious patio or enjoying evenings and entertaining guests on the observation deck under twinkling lights. Features include a freshly painted interior and exterior, upgraded light fixtures, a new washer and dryer, a new dishwasher, a wine closet, 2 new ACs, and a new water heater. 3 car attached garage and plenty of parking areas, your guests no need to park on the street. Move-in-ready with low taxes and low HOA. Minutes to De Portola wine trail, Leoness, Altisima and Fazeli. See supplement for included items. See the virtual tour for more photos.

Last Agent to Sell the Property

Mimi Ghofranian

Realty ONE Group Southwest Brokerage Phone: 951-710-7786 License #01734029 Listed on: 05/08/2024

Realty ONE Group Southwest

Last Buyer's Agent

Jamie Hartley

Mogul Real Estate License #02177042

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 7.01 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Lawn
  • Front Yard

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • Driveway
  • RV Garage

Property Views

  • Panoramic
  • Woods
  • Vineyard
  • Orchard Views
  • Mountain
  • Valley

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,537 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Workshop
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Propane Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Horse Property
  • Deck
  • Concrete Porch or Patio

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Central Heating and Cooling System
  • Propane
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 3944
  • Assessor Parcel Number 927300001
  • $952 per year additional tax assessments

Community Details

Overview

  • Glenoak Hills Association, Phone Number (951) 699-2918
  • Avalon HOA
  • Mountainous Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$47 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: See items under supplement
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 927300001
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3537.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 409.95
  • Room Type: Entry, Family Room, Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Multi-Level Bedroom, Separate Family Room, Two Primaries, Walk-In Closet, Walk-In Pantry, Workshop

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Orchard, Panoramic, Trees/Woods, Valley, Vineyard
  • Patio And Porch Features: Concrete, Deck, Patio, Patio Open
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Paved, Garage, RV Garage, Workshop in Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Propane Cooktop, Trash Compactor
  • 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, Playground, Tennis Court(s), Horse Trails, Clubhouse
  • Association Fee: 47.00
  • Association Fee Frequency: Monthly
  • Association Name: GlenOak Hills
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Rural
  • Association Management: Avalon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Horse Property, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Paved, Sprinkler System
  • Lot Size Sq Ft: 305355.60
  • Lot Size Acres: 7.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7.0100 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 54
  • Tax Tract Number: 3944
  • TaxOtherAnnualAssessmentAmount: 952.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Oct 4, 2024
Sold by
West Family Revocable Trust and West Steven J
Bought by
Short Myron and Short Nicole
Seller's Agent
Mimi Ghofranian
Realty ONE Group Southwest
Buyer's Agent
Jamie Hartley
Mogul Real Estate
List Price
$1,749,000
Sold Price
$1,450,000
Premium/Discount to List
-$299,000
-17.1%
Views
83
Current Estimated Value
$1,558,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,864
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,232,500
Outstanding Balance
$1,219,543
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$339,321

Purchase Details

Listed on
Dec 26, 2016
Closed on
Mar 1, 2017
Sold by
Korbett Vickie
Bought by
West Steven J and West Deidre A
Seller's Agent
Mimi Ghofranian
Realty ONE Group Southwest
Buyer's Agent
Kathy Nichols
Century 21 Masters
List Price
$875,000
Sold Price
$832,500
Premium/Discount to List
-$42,500
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$582,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2004
Sold by
Korbett Jeff and Korbett Vickie
Bought by
Korbett Jeff and Korbett Vickie

Purchase Details

Closed on
May 19, 1998
Sold by
Luciani Joseph A and Linssen Philip M
Bought by
Korbett Jeff and Korbett Vickie

Purchase Details

Closed on
Jan 19, 1996
Sold by
Insko Michele and Dimas Michele
Bought by
Jardine Joseph W and Jardine Pamela J

Purchase Details

Closed on
Nov 12, 1993
Sold by
Dimas Michele
Bought by
Insko Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Short Myron $1,450,000 None Listed On Document
West Steven J $832,500 Chicago Title Company
Korbett Jeff -- --
Korbett Jeff $65,000 First American Title Ins Co
Jardine Joseph W -- --
Insko Michele -- --
Insko Michele -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Myron $1,232,500
Previous Owner West Steven J $582,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $1,450,000 -3.3% $410 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $1,499,500 -9.1% $424 / Sq Ft
06/24/2024 06/24/24 Price Changed $1,649,000 -5.7% $466 / Sq Ft
05/08/2024 05/08/24 For Sale $1,749,000 +110.1% $494 / Sq Ft
03/13/2017 03/13/17 Sold $832,500 -4.9% $235 / Sq Ft View Prior Sale
01/26/2017 01/26/17 Pending -- -- --
12/26/2016 12/26/16 For Sale $875,000 -- $247 / 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 $10,836 $1,450,000 $435,002 $1,014,998
2023 $10,836 $928,666 $334,654 $594,012
2022 $10,524 $910,458 $328,093 $582,365
2021 $10,319 $892,607 $321,660 $570,947
2020 $10,214 $883,455 $318,362 $565,093
2019 $10,062 $866,133 $312,120 $554,013
2018 $9,877 $849,150 $306,000 $543,150
2017 $5,864 $513,126 $137,570 $375,556
2016 $5,744 $503,066 $134,873 $368,193
2015 $5,642 $495,512 $132,849 $362,663
2014 $5,478 $485,808 $130,248 $355,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24086832

California Regional Multiple Listing Service (CRMLS)

APN: 927-300-001