NOT LISTED FOR SALE

Estimated Value: $1,137,000

3 Beds
4 Baths
3,113 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $1,250,000 $402 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,544/month

87 Days on Market

Highlights

  • City Lights View
  • 6.11 Acre Lot
  • Main Floor Bedroom
  • Thompson Middle School Rated A-
  • Wood Flooring
  • Modern Architecture

About This Home

As of July 2024

This Beautiful Single Story 3,113 sqft home located just west of Old Town Temecula is nestled on the hills with a spectacular unobstructed panoramic view of Temecula Valley. This custom-built home features a family room, living room, kitchen, formal dining room, kitchen nook and master bedroom, all with sweeping views of the valley. The kitchen is equipped with custom cabinetry, lighting, granite counter tops and antique inspired 6 burner gas cooktop and stove. The kitchen features a breakfast nook and panel fridge that matches the cabinets. The family room is spacious, relaxing and equipped with a large stone-wood burning fireplace. You will love the outside patio to watch the sunrise or enjoy a quite cool evening with views for miles. This home is amazing and offers upgrades throughout for your enjoyment. It is close to shopping, dining, entertainment, wineries, Pechanga Casino and award-winning schools and golf courses. This property has 2 parcels with the 2nd being an Avocado Grove. This Avocado grove produces enough net income to cover property taxes, insurance etc....a must see!!! There is plenty of parking around the property and a 3-car garage. Call for a tour, this property will not last.

Last Agent to Sell the Property

Phillip Roberts

eXp Realty of California, Inc. Brokerage Phone: 909-240-1300 License #01421268 Listed on: 03/02/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Phillip Roberts

eXp Realty of California, Inc. Brokerage Phone: 909-240-1300 License #01421268 Listed on: 03/02/2024

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 2002

Lot Details

  • 6.11 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • West Facing Home
  • Chain Link Fence
  • 940150009
  • Property is zoned R-A-5

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Combination Of Materials Used In The Driveway

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 3,113 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Library
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Accessible Parking

Schools

  • Vail Elementary School
  • Margarita Middle School
  • Temecula Valley High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • Conventional Septic
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Agricultural

Community Details

  • Santa Margarita Ranchos Association, Phone Number (951) 296-9030
  • Foothills

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 512
  • Assessor Parcel Number 940150006
  • $827 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,767

Year Built

Built in 2002

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-A-5
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 940150006
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3113.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: Driveway
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 401.54
  • Room Type: Entry, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Separate Tub And Shower, Tile Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway - Combination, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 60.00
  • Association Fee Frequency: Annually
  • Association Name: Santa Margarita Ranchos
  • Phone: 951-296-9030
  • Senior Community: No
  • Community Features: Foothills
  • Association Management: Santa Margarita Ranchos

Schools

  • School District: Temecula Unified
  • Elementary School: Vail
  • Middle School: Margarita
  • High School: Temecula Valley
  • Elementary School: Vail
  • High School: Temecula Valley
  • Middle Or Junior School: Margarita
  • Elementary School #2: VAIL
  • High School2: TEMVAL2

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 940150009
  • Land Lease: No
  • Lot Features: Agricultural, Cul-De-Sac, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 266151.60
  • Lot Size Acres: 6.1100
  • Latitude Manual: 33.47880300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6.1100 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 512.00
  • TaxOtherAnnualAssessmentAmount: 827.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 12, 2024
Sold by
Wood 1995 Trust and Wood Bryan Jeffrey
Bought by
Shad Laila
Seller's Agent
Phillip Roberts
eXp Realty of California, Inc.
Buyer's Agent
Phillip Roberts
eXp Realty of California, Inc.
List Price
$1,490,000
Sold Price
$1,250,000
Premium/Discount to List
-$240,000
-16.11%
Views
164
Current Estimated Value
$1,137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,000
Avg. Annual Appreciation
-8.71%
Original Mortgage
$766,550
Outstanding Balance
$758,008
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$378,992

Purchase Details

Closed on
Apr 1, 2005
Sold by
Wood Roger E
Bought by
Wood Roger Earl and Wood Christine Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2001
Sold by
Dixon Peter Ray
Bought by
Wood Roger E

Purchase Details

Closed on
Jun 11, 1999
Sold by
Saline Joseph A
Bought by
Saline Joseph A and Saline Thelma M

Purchase Details

Closed on
May 2, 1994
Sold by
Watson Sharon E
Bought by
Watson William C
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
Shad Laila $1,250,000 Ticor Title
Wood Roger Earl -- Landamerica Lawyers Title Co
Wood Roger E $160,000 Stewart Title
Saline Joseph A -- --
Watson William C -- --
Watson William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shad Laila $766,550
Previous Owner Wood Roger Earl $175,000
Previous Owner Wood Roger E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $1,250,000 -16.1% $402 / Sq Ft
03/02/2024 03/02/24 For Sale $1,490,000 -- $479 / 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 $3,767 $1,084,300 $399,600 $684,700
2023 $3,767 $192,469 $166,546 $25,923
2022 $3,677 $188,697 $163,281 $25,416
2021 $3,623 $184,999 $160,080 $24,919
2020 $3,595 $183,104 $158,439 $24,665
2019 $3,552 $179,515 $155,333 $24,182
2018 $3,502 $175,997 $152,288 $23,709
2017 $3,455 $172,547 $149,302 $23,245
2016 $3,403 $169,166 $146,375 $22,791
2015 $3,359 $166,627 $144,177 $22,450
2014 $3,300 $163,366 $141,353 $22,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24042244

California Regional Multiple Listing Service (CRMLS)

APN: 940-150-009