NOT LISTED FOR SALE

Estimated Value: $715,323 - $831,000

3 Beds
2.5 Baths
2,090 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $505,000 $242 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,562/month

4 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Tennis Courts
  • Margarita Middle School Rated A-
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of August 2020

Welcome home to this family friendly home located in the popular Summit at Rancho Highlands neighborhood of Temecula, CA. This home is located on a quiet cul-de-sac & is situated on one of the largest lots in the community. The home has gotten many new upgrades inside & out giving it a fresh brand new home feel. Upon entry of the home you will notice the soaring vaulted ceilings giving the home loads of natural sunlight & an open airy feel. The living room features a beautiful black tile surround fireplace & designer wood finish mantel. The open floor plan leads to the renovated kitchen featuring updated appliances, white cabinets, upgraded hardware, & breakfast bar with a separate eat-in area. The downstairs bathroom has been remodeled with shiplap walls, new sink & cabinet, & modern finishes. Upstairs you will find all the bedrooms including the spacious master bedroom with vaulted ceilings, an attached balcony, & master bathroom. Enjoy your large backyard with an established patio space, grassy area, stock tank pool to cool off on those hot summer days, & lots of privacy with mature landscaping. This stylish home is within walking distance to the local community park, resort style amenities such as a swimming pool, spa, tennis & basketball courts, Tot Lots & picnic areas. This is an ideal location for commuters, close to local shopping & restaurants, & located within the Award Winning Temecula School District. With a low HOA and low taxes this home is a must see!

Last Agent to Sell the Property

Andrea Holmes

ERA Donahoe Realty License #01943814 Listed on: 07/15/2020

Co-Listed By

Colleen Sherman

ERA Donahoe Realty License #02062202

Last Buyer's Agent

Christopher Hodges

Lodestone Real Estate License #02038259

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 9,583 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,090 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 20643
  • Assessor Parcel Number 944040014

Community Details

Overview

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

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

$90 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stock Tank Pool & Pump System
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 944040014
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2090.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 241.63
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • 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, Playground, Tennis Court(s), Sport Court
  • Association Fee: 90.00
  • Association Fee Frequency: Monthly
  • Association Name: Avalon Management
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Avalon Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 20643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 20, 2020
Sold by
Sherman Kyle and Sherman Colleen
Bought by
Davis Timothy Beau and Davis Melissa Day
Seller's Agent
Andrea Holmes
ERA Donahoe Realty
Buyer's Agent
Christopher Hodges
Lodestone Real Estate
List Price
$489,000
Sold Price
$505,000
Premium/Discount to List
$16,000
3.27%
Current Estimated Value
$752,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,081
Avg. Annual Appreciation
7.68%
Original Mortgage
$454,500
Outstanding Balance
$403,173
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$348,908

Purchase Details

Listed on
Apr 1, 2017
Closed on
Apr 26, 2017
Sold by
Harris Janet M
Bought by
Sherman Kyle and Sherman Colleen
Seller's Agent
Kelly Bastman
Bastman Properties, Inc.
Buyer's Agent
Andrea Holmes
ERA Donahoe Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$382,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2012
Sold by
Harris Janet M
Bought by
Harris Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Harris Janet M
Bought by
Harris Janet M and Janet M Harris 1992 Trust

Purchase Details

Closed on
Mar 12, 2004
Sold by
Harris Janet M
Bought by
Harris Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2001
Sold by
Harris Janet M
Bought by
Harris Janet M and The Janet M Harris 1992 Trust

Purchase Details

Closed on
May 25, 2001
Sold by
Harris Janet M
Bought by
Harris Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.15%
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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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
Davis Timothy Beau $505,000 Ticor Title Riverside
Sherman Kyle $425,000 Title365
Harris Janet M -- Ticor Title Company Of Ca
Harris Janet M -- None Available
Harris Janet M -- Commonwealth Land Title Co
Harris Janet M -- --
Harris Janet M -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Timothy Beau $454,500
Previous Owner Sherman Kyle $382,500
Previous Owner Harris Janet M $176,000
Previous Owner Harris Janet M $138,000
Previous Owner Harris Janet M $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $505,000 0.0% $242 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/19/2020 07/19/20 Off Market $505,000 -- --
07/15/2020 07/15/20 For Sale $489,000 +15.1% $234 / Sq Ft
05/15/2017 05/15/17 Sold $425,000 -2.3% $203 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $435,000 -3.1% $208 / Sq Ft
04/19/2017 04/19/17 Price Changed $449,000 -1.1% $215 / Sq Ft
04/15/2017 04/15/17 Price Changed $454,000 -1.1% $217 / Sq Ft
04/02/2017 04/02/17 Price Changed $459,000 +2.2% $220 / Sq Ft
04/01/2017 04/01/17 For Sale $449,000 -- $215 / 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 $6,517 $546,628 $135,304 $411,324
2023 $6,517 $525,402 $130,050 $395,352
2022 $6,320 $515,100 $127,500 $387,600
2021 $6,190 $505,000 $125,000 $380,000
2020 $5,650 $451,013 $135,304 $315,709
2019 $5,567 $442,170 $132,651 $309,519
2018 $5,459 $433,500 $130,050 $303,450
2017 $4,663 $369,332 $114,122 $255,210
2016 $4,574 $362,091 $111,885 $250,206
2015 $4,493 $356,654 $110,205 $246,449
2014 $4,359 $349,670 $108,048 $241,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20139145

California Regional Multiple Listing Service (CRMLS)

APN: 944-040-014