NOT LISTED FOR SALE

45490 Masters Dr Temecula, CA 92592

Estimated Value: $701,760 - $755,000

3 Beds
3 Baths
2,129 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $579,000 $272 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,466/month

3 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • High Ceiling
  • Temecula Luiseno Elementary Rated A-
  • Contemporary Architecture
  • 2 Car Direct Access Garage

About This Home

As of July 2021

Welcome to **RAINBOW CANYON ESTATES!** This wonderful home is located in the highly sought out area of south Temecula, in a mature, desirable neighborhood, convenient for commuters. As you enter the home you will notice the **VAULTED** ceilings, **NEW LAMINATE** floors, and **OPEN CONCEPT** floorplan with formal living and dining room combo. In the winter time you can enjoy not one, but **TWO FIREPLACES** located in the living room and family room! **BRAND NEW CARPET** upstairs in the bedrooms and stairs and updated baseboards. This 3 bedroom, 3 bath home also has an additional room downstairs that could be used as a 4th bedroom. Large family room off kitchen, ideal for family gatherings! Large primary bedroom with retreat for sitting area, nursery or whatever your needs. Exterior painted last year and air conditioner is approximately four years old. Walk-in pantry and indoor laundry area! Lot size is over 9,000 sq. ft. and ideal for putting in a pool. Two storage sheds included. Don't forget property taxes are low and monthly HOA only $39! Close to Temecula's award-winning schools, great parks, shopping, wineries and all that Temecula has to offer!

Last Agent to Sell the Property

Shirley Woods

Coldwell Banker Assoc.Brkr-Mur License #01281168 Listed on: 06/19/2021

Coldwell Banker Assoc.Brkr-Mur

Last Buyer's Agent

Shirley Woods

Coldwell Banker Assoc.Brkr-Mur License #01281168 Listed on: 06/19/2021

Coldwell Banker Assoc.Brkr-Mur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,006

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Planned Development
  • Stucco

Interior Spaces

  • 2,129 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Rainbow Canyon Association, Phone Number (951) 699-2918
  • Maintained Community

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 130
  • Assessor Parcel Number 922312005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,006

Year Built

Built in 1986

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922312005
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2129.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 271.96
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 36.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon
  • Phone: 951-699-2918
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks
  • Association Management: Rainbow Canyon

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 20
  • Tax Tract Number: 130...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jun 25, 2021
Sold by
Jennings Michael
Bought by
Barnes Darren and Barnes Amy
Seller's Agent
Shirley Woods
Coldwell Banker Assoc.Brkr-Mur
Buyer's Agent
Shirley Woods
Coldwell Banker Assoc.Brkr-Mur
List Price
$579,000
Sold Price
$579,000
Current Estimated Value
$733,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,190
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Mar 6, 2008
Sold by
Jennings Michael and Jennings Rosemarie
Bought by
Jennings Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.65%
Mortgage Type
New Conventional
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
Barnes Darren $579,000 Fidelity National Title Ie
Jennings Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennings Michael $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $579,000 0.0% $272 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $579,000 -- $272 / 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 $7,006 $614,438 $132,651 $481,787
2023 $7,006 $590,580 $127,500 $463,080
2022 $6,789 $579,000 $125,000 $454,000
2021 $3,405 $269,908 $76,466 $193,442
2020 $3,365 $267,141 $75,682 $191,459
2019 $3,313 $261,904 $74,199 $187,705
2018 $3,243 $256,770 $72,745 $184,025
2017 $3,182 $251,736 $71,319 $180,417
2016 $3,121 $246,801 $69,921 $176,880
2015 $3,063 $243,096 $68,872 $174,224
2014 $2,968 $238,336 $67,524 $170,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21126867

California Regional Multiple Listing Service (CRMLS)

APN: 922-312-005