$465,000
SOLD OCT 13, 2017

45573 Olympic Way Temecula, CA 92592

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

Recently Sold

$179 Per Sq Ft

5% Below List Price

45 Days on Market

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Temecula Luiseno Elementary Rated A-
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of July 2022

This beautiful Estates pool home is located in the wonderful community of Rainbow Canyon Villages & Estates. As you walk into this home, you enter into a spacious formal living room with fireplace. Step down into the formal dining room to enjoy your meals in style. The kitchen is a cook's dream with ample counter and storage space with a center island that makes meal preparation a snap. A breakfast nook just off the kitchen makes enjoying your favorite morning beverage a delight! Relax in your spacious family room with French doors that open out onto the patio. A large downstairs bedroom and full bathroom offer your guests a great place to stay if its needed.The master suite features french doors that open out onto a private deck. The master bath has a roman style tub to relax in after a long, tiring day. This unique floor plan has a bonus room with a built in wet bar just outside the two guest bedrooms. Enjoy a refreshing swim in your sparkling pool or take a relaxing soak in the spa after a hard day's work. 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

Judy Haines

eXp Realty of California Inc License #01815601 Listed on: 08/05/2017

eXp Realty of California Inc

Last Buyer's Agent

David Serpa

eXp Realty of California, Inc. License #01944761

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,304

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Vinyl Fence
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Tile Roof

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio

Schools

  • Temecula Luiseno Elementary School
  • Erle Stanley Gardner Middle School
  • Great Oak High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Rainbow Canyon Villiages & Estates Association, Phone Number (951) 698-4030
  • Built by Jostri Inc

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 13060
  • Assessor Parcel Number 922282015

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,304

Year Built

Built in 1986

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: BBQ Island, Washer, Dryer, Microwave
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • 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: Cathedral Ceiling(s), Ceiling Fan(s), Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 178.71
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Separate Family Room, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Jostri Inc
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Disposal, Gas Water Heater
  • 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: Dues Paid Monthly
  • Association Fee: 30.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon Villiages & Estates
  • Phone: 951-698-4030
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Temecula Unified
  • Elementary School: Temecula Luiseno
  • Middle School: Erle Stanley Gardner
  • High School: Great Oak
  • Elementary School: Temecula Luiseno
  • High School: Great Oak
  • Middle Or Junior School: Erle Stanley Gardner
  • Elementary School #2: TEMLUI
  • High School2: GREOAK2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 8712.00

Multi Family

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

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 49
  • Tax Tract Number: 13060

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
2.63%
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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Range of Values:

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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: SW17180798

California Regional Multiple Listing Service (CRMLS)

APN: 922-282-015