NOT LISTED FOR SALE

Estimated Value: $763,319 - $867,000

5 Beds
2.5 Baths
2,700 Sq Ft
$301/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $515,000 $191 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,670/month

45 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Property is near a park
  • Margarita Middle School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of April 2018

This is one of the Most Sought After Coveted Neighborhoods in Temecula, "The Summit Highlands" Low Taxes, Low HOA. Perfect for commuters! Walking distance to Old Town, Restaurants and shopping. This Charming Cape Cod style 5 bedroom 3 Car garage home is full of character inside and out. Downstairs Master with French Doors leading out to the back yard. Master also offers a walk in closet with custom closet organizers. Upgraded kitchen with black granite and antique white cabinets with a large custom sink. Upgraded stainless steel appliances, gas stove, double ovens, dishwasher, refrigerator and microwave. Offering 3 eating areas; a breakfast bar, breakfast nook and dining room. Real hard wood floors, customs built-ins and plenty of storage. The garage has wall to wall cabinets & a built in work bench. The low maintenance back yard has artificial turf and a drip system for the planters. There are 3 small patios (one is already plumbed for a spa) and a Sun-Room. The Community offers walking trails, a 7 acre Recreation Center, 2 play grounds, Association pool & spa, Tennis & basketball courts, picnic and BBQ areas and a large open area to watch the fireworks. Awesome opportunity, prime location. Seller’s are motivated.

Last Agent to Sell the Property

Karen Scott

Realty ONE Group West License #01383402 Listed on: 01/10/2018

Realty ONE Group West

Last Buyer's Agent

Teri Belger

Elevate Real Estate Agency License #01434662

Elevate Real Estate Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Northeast Facing Home
  • Drip System Landscaping
  • Front Yard Sprinklers

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Spa
  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Enclosed Glass Porch

Schools

  • Vail Elementary School
  • James Day Middle School
  • Temecula Valley High School

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 20644
  • Assessor Parcel Number 944033008

Community Details

Overview

  • Avalon Association, Phone Number (951) 699-2918

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: The Summit Rancho Highlands
  • View: No
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 944033008
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Storage, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 190.74
  • Room Type: Family Room, Laundry, Living Room, Main Floor Master Bedroom, Sun, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower, Exhaust Fan(s), Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Concrete, Enclosed Glass Porch, Patio Open, Front Porch, Rear Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court, Recreation Room, Dues Paid Monthly
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Association Name: Avalon
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • Elementary School: Vail
  • High School: Temecula Valley
  • Middle Or Junior School: James Day
  • Elementary School #2: VAIL
  • High School2: TEMVAL2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Park Nearby, Sprinklers Drip System, Sprinklers In Front
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.22
  • Tax Lot: 56
  • Tax Tract Number: 20644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Feb 27, 2018
Sold by
Duff Warren L and Duff Allison M
Bought by
Lane Mark G and Lane Suzanne A
Seller's Agent
Karen Scott
Realty ONE Group West
Buyer's Agent
Teri Belger
Elevate Real Estate Agency
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$813,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,080
Avg. Annual Appreciation
6.09%
Original Mortgage
$371,387
Outstanding Balance
$323,624
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$489,456

Purchase Details

Closed on
Jun 30, 2005
Sold by
Lyon Jon R and Lyon Jane E
Bought by
Duff Warren L and Duff Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,920
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Nelson Thomas E and Nelson Janine
Bought by
Lyon Jon R and Lyon Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
8.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Mark G $515,000 Stewart Title
Duff Warren L $530,000 --
Lyon Jon R $271,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Mark G $371,387
Previous Owner Duff Warren L $423,920
Previous Owner Lyon Jon R $216,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $515,000 0.0% $191 / Sq Ft
03/21/2018 03/21/18 For Sale $515,000 0.0% $191 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $515,000 -1.9% $191 / Sq Ft
01/10/2018 01/10/18 For Sale $525,000 0.0% $194 / Sq Ft
10/01/2014 10/01/14 Rented $2,300 0.0% --
10/01/2014 10/01/14 For Rent $2,300 -- --
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 $3,724 $291,252 $87,372 $203,880
2023 $3,724 $279,944 $83,980 $195,964
2022 $3,603 $274,456 $82,334 $192,122
2021 $3,525 $269,075 $80,720 $188,355
2020 $3,485 $266,317 $79,893 $186,424
2019 $3,433 $261,096 $78,327 $182,769
2018 $5,942 $492,000 $111,000 $381,000
2017 $5,565 $458,000 $104,000 $354,000
2016 $5,512 $454,000 $103,000 $351,000
2015 $4,821 $394,000 $89,000 $305,000
2014 $4,508 $371,000 $84,000 $287,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18006498

California Regional Multiple Listing Service (CRMLS)

APN: 944-033-008