NOT LISTED FOR SALE

Estimated Value: $2,297,000 - $2,583,000

6 Beds
6 Baths
6,447 Sq Ft
$380/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,450,000 $225 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $14,531/month

287 Days on Market

Highlights

  • Guest House
  • Filtered Pool
  • Covered RV Parking
  • Margarita Middle School Rated A-
  • City Lights View
  • 2.34 Acre Lot

About This Home

As of May 2019

3 residences on 1 property - Main House, Guest House & Casita/Pool House! Once in a while a special home comes along in one of the premier areas of Temecula, and this is that Rare Home! Santiago Ranchos has long been known as the”Crème de la Crème”of locations, just 5 minutes from I-15. Everything that Temecula has to offer is at your fingertips. This beautiful, highly upgraded single story pool home is on over 2 lushly landscaped acres with a sparkling custom pool and spa, extensive patio decking, patio cover, a beautiful master suite w/fireplace, a wonderful master bathroom, large walk-in closet. There are 3 additional spacious bedrooms, 2 additional bathrooms and a huge family room with fireplace, a gourmet kitchen with professional grade appliances, beautiful granite counters, an eating area and a breakfast bar. You will also enjoy the formal living room with a fireplace and a generous sized dining room. The main home is a luxurious 3887 SF +/-. The Guest House is approx. 2060 SF which includes a large a full kitchen, laundry room and 2 bedrooms, one on the second floor. Also attached to the Guest House is a climate controlled 1000 SF RV or 4 car garage. This can be used for an at home business, car collection, art studio or whatever your needs are. Last but not least there is an approx. 500 SF Casita which includes a full kitchen, large studio space, large closet and bathroom. With 3 separate living spaces, this could be your family compound. No HOA and a low tax rate.

Last Agent to Sell the Property

Nancy Hughes

First Team Real Estate License #00859916 Listed on: 06/22/2018

First Team Real Estate

Last Buyer's Agent

Janice Lovendahl

eXp Realty of California, Inc. License #01080147

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,671

Year Built

  • Built in 1992

Lot Details

  • 2.34 Acre Lot
  • Rural Setting
  • Wrought Iron Fence
  • Vinyl Fence
  • Block Wall Fence
  • Sprinkler System
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RA

Parking

  • 6 Car Attached Garage
  • 12 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Covered RV Parking

Property Views

  • City Lights
  • Woods
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 6,447 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Maid or Guest Quarters
  • Tile Bathroom Countertop
  • Dual Sinks
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Grab Bar In Bathroom
  • More Than Two Accessible Exits

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool
  • Gunite Spa

Additional Homes

  • Two Homes on a Lot
  • Guest House

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic

Additional Features

  • Electronic Air Cleaner
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 9833
  • Assessor Parcel Number 945020005

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,671

Year Built

Built in 1992

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerators
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: RA
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 945020005
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6447.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Electronic Air Cleaner, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Tile Counters, Vacuum Central
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 6
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 224.91
  • Room Type: All Bedrooms Down, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Gunite
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Privacy Toilet Door, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Two On A Lot
  • View: City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Vinyl, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Features: Private, Filtered, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage Faces Side, Garage - Two Door, Garage Door Opener, Oversized, RV Covered, Uncovered
  • Total Parking Spaces: 18.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central, Zoned, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Electric, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 101930.00
  • Lot Size Acres: 2.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 101930.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 9833-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Odu Chinedu D
Bought by
Odu Chinedu D and Chinedu O Odu Living Trust
Current Estimated Value
$2,450,746

Purchase Details

Listed on
Jun 22, 2018
Closed on
Apr 23, 2019
Sold by
Martino Francis Xavier
Bought by
Odu Nkechi C
Seller's Agent
Nancy Hughes
First Team Real Estate
Buyer's Agent
Janice Lovendahl
eXp Realty of California, Inc.
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$1,305,000
Outstanding Balance
$1,202,557
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,223,309

Purchase Details

Listed on
Jun 22, 2018
Closed on
Apr 11, 2019
Sold by
Sagman Arthur M and Sagman Elizabeth L
Bought by
Odu Nkechi C and Odu Chinedu D
Seller's Agent
Nancy Hughes
First Team Real Estate
Buyer's Agent
Janice Lovendahl
eXp Realty of California, Inc.
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,000
Outstanding Balance
$1,202,557
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,223,309

Purchase Details

Closed on
Sep 30, 2017
Sold by
Sagman Arthur and Sagman Elizabeth
Bought by
Sagman Arthur M and Sagman Elizabeth L

Purchase Details

Listed on
May 10, 2013
Closed on
May 17, 2013
Sold by
Laforce Chantal Lakey
Bought by
Sagman Arthur and Sagman Elizabeth
Seller's Agent
Marcel Hensley
KW Temecula
Buyer's Agent
Linda Tighe
Realty ONE Group Southwest
List Price
$1,199,990
Sold Price
$1,155,000
Premium/Discount to List
-$44,990
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2000
Sold by
Wright Gerald N and Wright Ruth I
Bought by
Lakey Andy John and Lakey Chantal

Purchase Details

Closed on
Apr 13, 1999
Sold by
Wright Gerald N and Wright Ruth L
Bought by
Wright Gerald N and Wright Ruth L

Purchase Details

Closed on
Mar 5, 1999
Sold by
Wright Gerald N and Wright Ruth I
Bought by
Wright Gerald N and Wright Ruth I

Purchase Details

Closed on
Dec 29, 1998
Sold by
Terheggen Ruth R
Bought by
Wright Gerald N and Wright Ruth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,800
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 1998
Sold by
Ptnrs Am & Terheggen Ruth R Trust
Bought by
Terheggen Ruth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,800
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 1995
Sold by
Terheggen Ruth R
Bought by
Partners With America Corp
Source: Public Records

Range of Values:

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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
Odu Chinedu D -- None Available
Odu Nkechi C -- None Available
Odu Nkechi C -- First American Title
Odu Nkechi C $1,450,000 First American Title
Sagman Arthur M -- None Available
Sagman Arthur $1,155,000 First American Title Company
Lakey Andy John $875,000 Old Republic Title Company
Wright Gerald N -- First American Title Co
Wright Gerald N -- First American Title Co
Wright Gerald N $601,000 Old Republic Title Company
Terheggen Ruth R -- Old Republic Title Company
Partners With America Corp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odu Nkechi C $1,305,000
Previous Owner Sagman Arthur $417,000
Previous Owner Lakey Andy John $850,000
Previous Owner Lakey Andy John $300,000
Previous Owner Lakey Andy John $300,000
Previous Owner Lakey Andy John $100,000
Previous Owner Lakey Chantal $760,000
Previous Owner Lakey Andy John $950,000
Previous Owner Wright Gerald N $480,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,450,000 -2.4% $225 / Sq Ft
04/05/2019 04/05/19 For Sale $1,485,000 +2.4% $230 / Sq Ft
03/19/2019 03/19/19 Off Market $1,450,000 -- --
03/01/2019 03/01/19 Price Changed $1,485,000 -0.7% $230 / Sq Ft
09/14/2018 09/14/18 Price Changed $1,495,000 -2.6% $232 / Sq Ft
07/31/2018 07/31/18 Price Changed $1,535,000 -2.5% $238 / Sq Ft
06/22/2018 06/22/18 For Sale $1,575,000 +36.4% $244 / Sq Ft
06/28/2013 06/28/13 Sold $1,155,000 -3.7% $175 / Sq Ft
05/10/2013 05/10/13 For Sale $1,199,990 0.0% $181 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
02/22/2013 02/22/13 Price Changed $1,199,990 -5.9% $181 / Sq Ft
02/22/2013 02/22/13 For Sale $1,275,000 +10.4% $193 / Sq Ft
01/25/2013 01/25/13 Off Market $1,155,000 -- --
10/13/2012 10/13/12 Price Changed $1,275,000 -5.5% $193 / Sq Ft
10/09/2012 10/09/12 Price Changed $1,349,000 -10.0% $204 / Sq Ft
10/03/2012 10/03/12 For Sale $1,499,000 -- $227 / 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 $17,671 $1,617,498 $306,766 $1,310,732
2023 $17,671 $1,554,690 $294,854 $1,259,836
2022 $17,151 $1,524,207 $289,073 $1,235,134
2021 $16,811 $1,494,321 $283,405 $1,210,916
2020 $16,634 $1,479,000 $280,500 $1,198,500
2019 $14,390 $1,275,004 $220,776 $1,054,228
2018 $14,116 $1,250,005 $216,449 $1,033,556
2017 $13,864 $1,225,496 $212,205 $1,013,291
2016 $13,582 $1,201,468 $208,045 $993,423
2015 $13,307 $1,183,422 $204,921 $978,501
2014 $12,908 $1,160,243 $200,908 $959,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18147777

California Regional Multiple Listing Service (CRMLS)

APN: 945-020-005