$810,000
SOLD JUL 25, 2022

45573 Olympic Way Temecula, CA 92592

4 Beds
3 Baths
2,602 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Main Floor Bedroom
  • Temecula Luiseno Elementary Rated A-
  • Deck
  • Bonus Room

About This Home

As of July 2022

Just in time! This Upgraded, Energy Efficient Pool home in South Temecula Rainbow Canyon Villages & Estates has it all. Enjoy entertaining your family and guests in the new upgraded quartz kitchen with large island and French doors that open up to the patio, bbq, and pool area. The home has been upgraded with energy efficient Tesla Solar Panels that are owned, Anlin heat reducing, energy efficient windows, a new multi speed air conditioning unit, new furnace, RO System in the kitchen, fresh paint inside and out, and more! The pool features a new energy saving variable speed pump. As you walk into this home, you enter into a spacious formal living room with cathedral ceilings and a cozy fireplace. Step down into the formal dining room or bonus room. Relax in your spacious family room with updated fireplace and French doors that open out to the backyard. A large downstairs bedroom and full bathroom offer your guests or family a great place to stay. The master suite features French doors that open out onto a private deck with beautiful mountain sunset views. The master bath has a roman style tub to relax. This unique floor plan has a bonus room with a built-in wet bar just outside the two upstairs bedrooms. Enjoy a refreshing swim in your sparkling pool or take a relaxing soak in the spa. Conveniently located in South Temecula for an easy commute and Just minutes away from dining, shopping, entertainment, Temecula Creek Inn & Golf Resort and Temecula's award winning Wine Country. This home is a must see!!!

Last Agent to Sell the Property

Davida Parker

Davida Parker, Broker License #01951861 Listed on: 06/16/2022

Davida Parker, Broker

Last Buyer's Agent

Daniel Camacho

Joe Carta Realty License #01516834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,304

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio

Additional Features

  • Solar Heating System
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Rainbow Canyon Association

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 130
  • Assessor Parcel Number 922282015
  • $874 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,304

Year Built

Built in 1986

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922282015
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2602.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 311.30
  • Room Type: Bonus Room, Family Room, Living Room, Main Floor Bedroom
  • Bathroom Features: Soaking Tub

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Deck
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Solar
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 38.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon
  • Phone: .
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: .

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 49
  • Tax Tract Number: 130...
  • TaxOtherAnnualAssessmentAmount: 874.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jun 29, 2022
Sold by
Caruthers and Monique
Bought by
Smith Troy Alan and Smith Tina Marie
Seller's Agent
Davida Parker
Davida Parker, Broker
Buyer's Agent
Daniel Camacho
Joe Carta Realty
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Current Estimated Value
$875,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,496
Avg. Annual Appreciation
2.61%
Original Mortgage
$810,000
Outstanding Balance
$773,736
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$101,760

Purchase Details

Listed on
Aug 5, 2017
Closed on
Sep 26, 2017
Sold by
Kady Dan L and Kady Deborah R
Bought by
Caruthers Charles and Caruthers Monique
Seller's Agent
Judy Haines
eXp Realty of California Inc
Buyer's Agent
David Serpa
eXp Realty of California, Inc.
List Price
$488,000
Sold Price
$465,000
Premium/Discount to List
-$23,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$469,782
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jun 9, 2016
Sold by
Kady Dan L and Kady Deborah R
Bought by
Kady Family Trust

Purchase Details

Closed on
May 5, 2011
Sold by
Boyd Anthony J
Bought by
Kady Dan L and Kady Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,825
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2011
Sold by
Fu Yuan Zhi
Bought by
A J Boyd Construction Inc Retirement Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,825
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2009
Sold by
Fu Yuan Zhi
Bought by
45573 Olympic Way Revocable Trust and Grand Reality Solutions Llc

Purchase Details

Closed on
Oct 6, 2005
Sold by
Fu Yuan Zhi
Bought by
Fu Yuan Zhi and 2005 Yuan Zhi Fu Trust

Purchase Details

Closed on
Mar 10, 2005
Sold by
Perez Donna Slusher and Slusher Donna
Bought by
Fu Yuan Zhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Perez Timothy Antolin
Bought by
Slusher Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Nelson Shawn D and Nelson Stephanie D
Bought by
Slusher Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
Sold by
Nelson Shawn D and Nelson Stephanie D
Bought by
Nelson Shawn D and Nelson Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Nelson Shawn D and Nelson Stephanie D
Bought by
Nelson Shawn D and Nelson Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 11, 2000
Sold by
Nelson Shawn D and Nelson Stephanie D
Bought by
Nelson Shawn D and Nelson Stephanie D
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $810,000 Company
Grant Deed $465,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $283,000 Western Resources Title
Trustee Deed $238,000 None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Grant Deed $497,000 New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Grant Deed $425,000 New Century Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 VA
Previous Owner $467,224 VA
Previous Owner $469,782 VA
Previous Owner $265,000 New Conventional
Previous Owner $275,825 FHA
Previous Owner $372,750 Purchase Money Mortgage
Previous Owner $382,500 Purchase Money Mortgage
Previous Owner $35,000 Credit Line Revolving
Previous Owner $273,000 Purchase Money Mortgage
Previous Owner $271,000 No Value Available
Previous Owner $120,000 Stand Alone Second
Previous Owner $172,500 Unknown
Previous Owner $28,750 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $810,000 +1.3% $311 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $799,900 -3.0% $307 / Sq Ft
06/16/2022 06/16/22 For Sale $825,000 +77.4% $317 / Sq Ft
10/13/2017 10/13/17 Sold $465,000 -2.7% $179 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $478,000 -2.0% $184 / Sq Ft
08/05/2017 08/05/17 For Sale $488,000 -- $188 / 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 $9,304 $1,555,398 $130,050 $1,425,348
2023 $9,304 $810,000 $125,000 $685,000
2022 $6,098 $498,571 $149,570 $349,001
2021 $5,970 $488,796 $146,638 $342,158
2020 $5,905 $483,785 $145,135 $338,650
2019 $6,475 $474,300 $142,290 $332,010
2018 $6,356 $465,000 $139,500 $325,500
2017 $3,845 $312,399 $55,191 $257,208
2016 $3,771 $306,274 $54,109 $252,165
2015 $3,703 $301,676 $53,298 $248,378
2014 $3,590 $295,768 $52,255 $243,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22126787

California Regional Multiple Listing Service (CRMLS)

APN: 922-282-015