NOT LISTED FOR SALE

43379 Business Park Dr Temecula, CA 92590

Estimated Value: $16,313,097

Studio
-- Bath
88,083 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 43379 Business Park Dr, Temecula, CA 92590 and is currently estimated at $16,313,097, approximately $185 per square foot. 43379 Business Park Dr is a home located in Riverside County with nearby schools including Vail Elementary School, Margarita Middle School, and Temecula Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Temecula Corporate Park Lp
Bought by
Pioneer Nashville Ii Llc
Current Estimated Value
$16,313,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,540,000
Outstanding Balance
$5,790,712
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$10,685,171

Purchase Details

Closed on
Mar 20, 2013
Sold by
Warren Lortie Investments Inc
Bought by
Temecula Corporate Park Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,468,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2011
Sold by
Foremost Carmel Mountain Ltd
Bought by
Warren Lortie Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2003
Sold by
Mkj Temecula Business Park Llc
Bought by
Foremost Carmel Mountain Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2000
Sold by
Rancho Califorina Bp Lot 4 Llc
Bought by
Mkj Temecula Business Park Llc

Purchase Details

Closed on
May 27, 1998
Sold by
Kl-75 Llc
Bought by
Rancho California Bp Lot4 Llc

Purchase Details

Closed on
May 20, 1998
Sold by
Ki/Fkla Rancho Realty Llc
Bought by
Kl-75 Llc

Purchase Details

Closed on
Dec 28, 1995
Sold by
Krdc Inc
Bought by
Ki/Fkla Rancho Realty Llc

Purchase Details

Closed on
Nov 22, 1993
Sold by
North American Title Company
Bought by
Krdc Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pioneer Nashville Ii Llc $10,900,000 First Amer Ttl Ins Co Natl C
Temecula Corporate Park Lp -- Stewart Title Of California
Warren Lortie Investments Inc -- First American Title Insuran
Foremost Carmel Mountain Ltd -- Lawyers Title Company
Mkj Temecula Business Park Llc $1,035,000 Commonwealth Land Title Co
Rancho California Bp Lot4 Llc -- First American Title Ins Co
Kl-75 Llc -- First American Title Ins Co
Ki/Fkla Rancho Realty Llc -- First American Title Ins Co
Krdc Inc $1,357,432 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pioneer Nashville Ii Llc $6,540,000
Previous Owner Temecula Corporate Park Lp $4,468,000
Previous Owner Warren Lortie Investments Inc $4,500,000
Previous Owner Foremost Carmel Mountain Ltd $7,200,000
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 $134,248 $11,920,739 $3,554,348 $8,366,391
2023 $134,248 $11,457,844 $3,416,329 $8,041,515
2022 $130,477 $11,233,182 $3,349,343 $7,883,839
2021 $128,040 $11,012,924 $3,283,670 $7,729,254
2020 $91,877 $7,983,591 $1,757,208 $6,226,383
2019 $90,571 $7,827,051 $1,722,753 $6,104,298
2018 $88,955 $7,673,580 $1,688,974 $5,984,606
2017 $87,447 $7,523,118 $1,655,857 $5,867,261
2016 $85,708 $7,375,607 $1,623,390 $5,752,217
2015 $84,290 $7,264,820 $1,599,006 $5,665,814
2014 $81,910 $7,122,515 $1,567,685 $5,554,830
Source: Public Records

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