NOT LISTED FOR SALE

42775 Calle Montecillo Temecula, CA 92590

De Luz Neighborhood

Estimated Value: $275,542

4.62 Acres
$59,641 Price per Acre
201,247 Sq Ft Lot

Last Sold March 14, 2023

Last sale price $252,000

Est. 9% increase in value since last sale

Current estimated payment $1,841/month

50 Days on Market

Highlights

  • Horse Property Unimproved
  • City Lights View
  • Wooded Lot
  • Thompson Middle School Rated A-
  • 4.62 Acre Lot
  • No HOA

About This Lot

As of March 2023

4.62 net acres mostly flat that includes partial view of the city and surrounding countryside with a beautiful building site making this one of the
premier locations in the De Luz area. Great investment potential with the value in the land that includes new white vinyl fencing, water meter,
and just 5 minutes to city of Temecula. There is also an unused easement of approximately .5 acres of land that is currently an easement for road
use along Rancho California Road; this could potentially be reacquired from the county and may increase the useable property to nearly 6 acres
also improving the access for future development. Property currently consists of a retired lemon grove planted 7 years ago with Meyer lemons but
could easily be replanted to another type crop of either grapes, avocados, or citrus. Perc test was completed 7 years ago but will likely need to be
updated. In addition, this property is in a location that has NO HOA

Last Agent to Sell the Property

Ed Beaudet

KW Temecula License #01486267 Listed on: 01/02/2023

KW Temecula

Last Buyer's Agent

Ed Beaudet

KW Temecula License #01486267 Listed on: 01/02/2023

KW Temecula

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,783

Lot Details

  • 4.62 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Wooded Lot
  • Value in Land
  • Property is zoned R-A-5

Property Views

  • City Lights
  • Orchard Views
  • Neighborhood

Additional Features

  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 935260022
  • $1,544 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$4,783

Lot Details

0

Listing Details

  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-A-5
  • Property Type: Land
  • Parcel Number: 935260022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.25

Exterior Features

  • View: City Lights, Neighborhood, Orchard

Utilities

  • Utilities: Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Tree/Orchard, Horse Property Unimproved, Irregular Lot, Treed Lot, Value In Land
  • Lot Size Sq Ft: 201247.00
  • Lot Size Acres: 4.6200
  • Latitude Manual: 33.51229600

Multi Family

  • Lot Size Area: 201247.0000 Square Feet

Tax Info

  • Tax Census Tract: 506.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 1544.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 24, 2023
Sold by
Alexander Basil
Bought by
Sanchez Oscar C and Sanchez Karen Y
Seller's Agent
Ed Beaudet
KW Temecula
Buyer's Agent
Ed Beaudet
KW Temecula
List Price
$295,000
Sold Price
$252,000
Premium/Discount to List
-$43,000
-14.58%
Views
270
Current Estimated Value
$275,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,542
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 5, 2018
Sold by
Alvocado Llc
Bought by
Alexander Basil
Seller's Agent
Ed Beaudet
KW Temecula
Buyer's Agent
Ed Beaudet
KW Temecula
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$110,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2010
Sold by
Southwest Homes Inc
Bought by
Alvocado Llc

Purchase Details

Closed on
Sep 27, 2010
Sold by
Allen Margaret E and Mathieu Burden J
Bought by
Southwest Homes Inc

Purchase Details

Closed on
Sep 24, 2001
Sold by
Rieger Dennis and Rieger Carlyn
Bought by
Allen Margaret E and Mathieu Burden J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Oscar C $252,000 First American Title
Alexander Basil $170,000 Stewart Title
Alvocado Llc -- Accommodation
Southwest Homes Inc $120,000 First American Title Company
Allen Margaret E $160,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Basil $110,000
Previous Owner Allen Margaret E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $252,000 -14.6% --
02/21/2023 02/21/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $295,000 +73.5% --
08/31/2018 08/31/18 Sold $170,000 -2.9% -- View Prior Sale
07/27/2018 07/27/18 Price Changed $175,000 -5.4% --
07/05/2018 07/05/18 For Sale $185,000 -- --
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 $4,783 $262,180 $238,251 $23,929
2023 $4,783 $182,271 $152,251 $30,020
2022 $3,574 $178,698 $149,266 $29,432
2021 $3,520 $175,195 $146,340 $28,855
2020 $3,492 $173,400 $144,840 $28,560
2019 $3,439 $170,000 $142,000 $28,000
2018 $2,992 $135,114 $135,114 $0
2017 $2,951 $132,465 $132,465 $0
2016 $2,917 $129,868 $129,868 $0
2015 $2,904 $127,918 $127,918 $0
2014 $2,829 $125,413 $125,413 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23000149

California Regional Multiple Listing Service (CRMLS)

APN: 935-260-022